Slide 1: Comstock Inc Corporate Presentation
Comstock Inc Corporate Presentation NYSE American: LODE Sidoti Micro-Cap Conference August 16, 2023 © 2023 COMSTOCK | NYSE American: LODE 1
Slide 2: Cautionary Notice Regarding Forward Looking Statements
CAUTIONARY NOTICE REGARDING FORWARD LOOKING STATEMENTS Certain statements contained in this presentation are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, oth
Slide 3: Accelerating Commercialization of Decarbonizing Technologies
| PROFITABLY TARGETING NET ZERO Accelerating Commercialization of Decarbonizing Technologies Capable of Exponential Profit Growth üLow-Carbon Cellulosic Fuels üElectrification Product Recycling üSustainable Mining üStrategic Investment Portfolio © 2023 COMSTOCK | NYSE American: LODE August 15, 2023
Slide 4: Leading Technology for the Energy Transition
LEADING TECHNOLOGY FOR THE ENERGY TRANSITION Low-Carbon Cellulosic Fuels Electrification Product Recycling > Connecting existing fuel producers to abundant > Reliable, technology-driven, photovoltaic lignocellulosic feedstock sources panel recycling solution > Over 100 gallons of fuel per tonne of w
Slide 5: Company Snapshot, Executive Officers, Independent Directors
COMPANY SNAPSHOT EXECUTIVE OFFICERS INDEPENDENT DIRECTORS Legal Name: Comstock Inc. Corrado De Gasperis William J. Nance Company Website: https://comstock.inc Independent Director Director, Executive Chairman & Chair: Nominating, Executive, & Strategic Planning Chief Executive Officer Member: Audit
Slide 6: © 2023 COMSTOCK | NYSE American: LODE
© 2023 COMSTOCK | NYSE American: LODE 6
Slide 7: Low-Carbon Fuels Necessary to Reduce Transportation Emissions
LOW-CARBON FUELS ARE NECESSARY TO REDUCE TRANSPORTATION EMISSIONS IN THE SHORT TERM 1.5 trillion gallons 3 billion gallons 2x in 2 years of liquid transportation of advanced biofuels expected growth of fuels are consumed are produced by advanced biofuel globally each year1 hydro-processing fats hydr
Slide 8: We Connect Existing Fuel Producers to Lignocellulosic Feedstock Sources
WE CONNECT EXISTING FUEL PRODUCERS TO ABUNDANT LIGNOCELLULOSIC FEEDSTOCK SOURCES • Over 100 gallons of fuel per tonne of woody biomass1 Short-Cycle Biofuels • Bioleum™ is feedstock for existing renewable fuel refineries2 • Sustainable Aviation Fuel • Bioleum™ fuels demonstrate CI scores in the low 2
Slide 9: Milestones - Fuels
MILESTONES - FUELS Complete Upcoming • Demonstrated production of cellulosic ethanol • Demonstrate Hydro-deoxygenated Bioleum Oil (HBO) production at pilot scale and confirm fuel yields • Demonstrated production of Crude Bioleum™, a unique combination of hydrocarbons • Publication of Bioleum techno-
Slide 10: © 2023 COMSTOCK | NYSE American: LODE
© 2023 COMSTOCK | NYSE American: LODE 10
Slide 11: 230 Million Cubic Feet of Solar Panels Deployed in the US
230 MILLION CUBIC FEET OF SOLAR PANELS ARE DEPLOYED IN THE UNITED STATES TODAY: 51,000 18-WHEEL TRUCK LOADS The Problem: Our Solution: • 9 out of 10 discarded photovoltaic (PV) • Reliable, technology-driven, panels go to landfills recycling solution • Photovoltaic panels have potential to • Cost-com
Slide 12: Proprietary Delamination Process Cost Competitive with Landfill Disposal
OUR PROPRIETARY DELAMINATION PROCESS IS COST COMPETITIVE WITH LANDFILL DISPOSAL OF PV PANELS Upfront disposal fee revenue model https://ComstockMetals.com © 2023 COMSTOCK | NYSE American: LODE August 15, 2023 Source: Company Estimates 12
Slide 13: Milestones - Metals
MILESTONES - METALS Complete Upcoming • Commenced work on Project Vega – our first commercial • Project Vega site preparations complete and equipment scale photovoltaic panel recycling facility delivered • Project Vega facility selected, and lease executed • Publication of Comstock Metals PV recycli
Slide 14: © 2023 COMSTOCK | NYSE American: LODE
© 2023 COMSTOCK | NYSE American: LODE 14
Slide 15: Comstock Gold and Silver Resources
COMSTOCK GOLD AND SILVER RESOURCES DAYTON ESTIMATED IN-SITU MINERAL RESOURCES AS OF NOVEMBER 1, 2022 (0.007 OPT AU CUT-OFF) Contained1 Au Ag Tons Au Ag (opt) (opt) (oz) (oz) Measured 2,650,000 0.030 0.252 80,000 670,000 Indicated 7,620,000 0.028 0.190 213,000 1,450,000 Measured and Indicated 10,270,
Slide 16: Development Plans
DEVELOPMENT PLANS Expanded Resource Development • Expand the resource to over 2 million ounces of gold1 • Leverage 100% owned, leased, permitted and royalty generating silver and gold resources in the historic, world- class Comstock Lode High Precision Data and AI Analytics • Hyperspectral imager en
Slide 17: Milestones - Mining
MILESTONES - MINING Complete Upcoming • Executed a revenue generating lease with Mackay • Launch and commissioning of the GenMat hyperspectral Precious Metals Inc. (“Mackay”), resulting in $2+ million imaging satellite and processing infrastructure. in 2023 cash revenues, and advancing mineral explo
Slide 18: Strategic Investments
STRATEGIC INVESTMENTS GenMat is building physics-based artificial Leading technology for re-manufacturing of Mixed use real estate development general intelligence to transform materials spent energy storage material2 projects in northern Nevada science in every industry1 Recent Traction Recent Trac
Slide 19: Milestones
MILESTONES Complete Upcoming Comstock Fuels Comstock Fuels • Demonstrated production of renewable fuels from cellulosic feedstocks using our • Demonstrate Hydro-deoxygenated Bioleum Oil (HBO) production at pilot scale and proprietary technologies confirm fuel yields • Completed a GREET CI score mode
Slide 20: Thank You
THANK YOU Comstock Inc. Investor Relations https://comstock.inc Will Maze P.O. Box 1118 R.B. Milestone Group Virginia City, NY ir@comstockinc.com (203) 487-2759 © 2023 COMSTOCK | NYSE American: LODE 20