American West Metals Ltd. · ASX:AW1

American West Metals — Investor Presentation (September 2024)

28 slides from American West Metals's investor presentation, Sep 10, 2024

  1. Slide 1: Copper. Growth. Corporate Presentation September 2024

    S E P T E M B E R 2 0 2 4 For personal use only Copper. Growth. C O R P O R AT E P R E S E N TAT I O N . ASX: AW1 | AMERICAN WEST METALS LIMITED | ACN 645 960 550

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer C O P P E R . This presentation has been prepared and issued by American West Metals Limited (the Company or American West) to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background informa

  3. Slide 3: Investment Highlights

    Investment C O P P E R . Highlights G R O W T H . For personal use only Storm Copper (AW1 80%) Maiden JORC Resource defines 17.5Mt @ 1.2% Cu, 3.4g/t Ag of near surface, open pit copper mineralisation Resource expansion and project wide exploration underway on large-scale sediment hosted copper oppor

  4. Slide 4: Storm Copper Project

    For personal use only Storm Copper Project NUNAVUT, CANADA C O P P E R . G R O W T H . Section 01

  5. Slide 5: Nunavut Tier Mining Jurisdiction

    Nunavut Tier 1 Mining Jurisdiction C O P P E R . POLARIS MINE Dominant regional land package of over 2,200km2 22Mt @ 14.1% Zn, 4% Pb NANISIVIK MINE Mine life 21 Years in an existing base metals district G R O W T H . 18Mt @ 9% Zn, 0.7% Pb For personal use only Mine Life 26 Years Storm is located jus

  6. Slide 6: Nunavut in focus

    Nunavut Nunavut in focus C O P P E R . G R O W T H . For personal use only 1 GLOBAL RANKING FOR NEW SEDIMENT HOSTED COPPER DISTRICTS 14 PROJECT PERMITS ISSUED SINCE 20001 4 YEARS ON AVERAGE TO PERMIT1 10 PAST AND PRESENT MINES 1 - Nunavut Impact Review Board database 2024 6

  7. Slide 7: Storm Maiden Resource

    Storm Storm Maiden Resource C O P P E R . From Exploration Concept to Maiden Resource in 12 Months Maiden MRE confirms Storm as a copper project of G R O W T H . For personal use only both quality and scale and highlights the immense growth potential Sediment Hosted Copper Deposit similar to those o

  8. Slide 8: Thick and Continuous Copper Mineralisation

    Storm Thick and Continuous Copper C O P P E R . Mineralisation G R O W T H . For personal use only Coherent higher grade core to the deposits with 65% of the MRE over 1.5% Cu Copper mineralisation at the Cyclone Deposit has been defined over 1,400m of strike, and 600m in width Exceptional resource e

  9. Slide 9: Rapidly Expanding Mineralised Footprint

    Storm Rapidly Expanding Mineralised C O P P E R . Footprint G R O W T H . For personal use only Ongoing drilling continues to define new discoveries and is rapidly expanding the footprint outside the maiden MRE New discoveries of high-grade mineralisation discovered during 2023 and 2024 – NOT YET IN

  10. Slide 10: Regional Opportunity

    Storm Regional Opportunity C O P P E R . 100% control of district scale Storm G R O W T H . For personal use only copper and base metal system 17.5Mt @ 1.2% Cu, 3.4g/t Ag underpinning a potential low-cost, open-pit copper Copper Belt opportunity with two new discoveries made already during 2024 >100

  11. Slide 11: Copper Direct Shipping Ore (DSO)

    Storm Copper Direct Shipping Ore C O P P E R . (DSO) G R O W T H . For personal use only Scan Code to watch our 55% Cu DSO Product from Storm DSO test work video 11

  12. Slide 12: Proposed DSO Operation

    Storm Proposed DSO Operation C O P P E R . Ore sorting and dense media separation of Storm G R O W T H . For personal use only mineralisation has produced spectacular direct shipping ore results Potential for low capital, low footprint processing operation with strong ESG credentials Simple two stre

  13. Slide 13: Our Accelerated Growth Strategy

    Our Accelerated Growth Strategy C O P P E R . • Resource drilling completed at the Cyclone and Chinook Deposits, and Thunder and Lightning Ridge discoveries G R O W T H . For personal use only RESOURCE EXPANSION • Resource upgrade expected Q4 2024 to significantly build copper inventory • >100m dept

  14. Slide 14: Storm Copper Project | Reasons to Invest

    Storm Copper Project | Reasons to Invest C O P P E R . G R O W T H . For personal use only Storm Maiden Resource Delivers 205Kt Contained Copper Making Storm one of very few undeveloped high-grade, open-pit copper opportunities of significant scale globally Demonstrable Growth and Development Potent

  15. Slide 15: West Desert Project

    For personal use only West Desert Project UTAH, USA C O P P E R . G R O W T H . Section 03

  16. Slide 16: West Desert: Large Zinc-Copper-Silver-Indium Deposit

    Utah West Desert S T R A T E G I C Large Zinc-Copper-Silver-Indium For personal use only Skarn and carbonate replacement deposit (CRD) within the Seiver M E T A L S . Orogenic Belt (host to the giant Bingham Canyon Copper Mine) OPEN 33.7Mt @ 3.83% Zn, 0.15% Cu, 9.1g/t Ag, 20g/t In, 0.1g/t Au (Indica

  17. Slide 17: Indium

    Indium West Desert S T R A T E G I C The largest known undeveloped indium For personal use only resource in the US M E T A L S . Indium is classified as a strategic and critical metal in the US The US is a 100% net importer of indium, with most supply from China and Bolivia Indium is widely used in

  18. Slide 18: Copper Warrior Project

    Copper For personal use only Warrior Project UTAH, USA C O P P E R . G R O W T H . Section 02

  19. Slide 19: Copper Warrior Project

    Utah Copper Warrior Project C O P P E R . Compelling geology and fast tracked activities G R O W T H . Strategic address in copper heartland For personal use only Lisbon Valley mine geology and mineralising structure mapped within Copper Warrior Project Large volumes of outcropping copper Located in

  20. Slide 20: Appendix

    For personal use only Appendix C O P P E R . G R O W T H . Section 04

  21. Slide 21: Board and Management Team

    Board and C O P P E R . Management Team G R O W T H . For personal use only DAN LOUGHER DAVE O’NEILL Non-Executive Chairman Managing Director Daniel Lougher is a highly regarded mining Founder of American West and a major executive with a distinguished career of over shareholder. VP OPERATIONS 40 ye

  22. Slide 22: Corporate Overview

    Corporate C O P P E R . Overview G R O W T H . For personal use only AW1 Share Price Key Metrics ASX Code : AW1 0.3 60 0.25 50 518,186,969 $62.18 million Shares on Issue Market Capitalisation1 Daily Volume (millions) AW1 Share Price AU$ 0.2 40 0.15 30 $0.12 31,124,207 Share Price2 Listed Options5 0.

  23. Slide 23: Geology and Resources

    Geology and Resources C O P P E R . Sediment hosted, stratabound copper sulphide West Large Zinc-Copper-Silver-Indium skarn and Storm deposit Desert carbonate replacement deposit (CRD) G R W O T H . For personal use only Deposit Category Mt Cu (%) Ag (g/t) Cu (Tonnes) Ag (Ounces) Category Mt Zn (%)

  24. Slide 24: Storm Geological Model

    Storm Geological Model M E T A L S Large sediment-hosted F O R For personal use only copper sulphide system T H E C L E A N Multiple near surface high- grade copper deposits E N E R G Y identified across 15km2 High-grade copper sulphides F U T U R E up to 2.7% Cu discovered at depth Outstanding grow

  25. Slide 25: Copper – Pricing, Supply and Demand

    Copper – Pricing, Supply and Demand C O P P E R . Copper Price Supply and Demand G R O W T H . US$ Kt Kt For personal use only 12,000.0 25,000.0 Concentrate 300.0 Demand CAGR: 3% 200.0 10,000.0 20,000.0 100.0 8,000.0 – 15,000.0 (100.0) 6,000.0 (200.0) 10,000.0 4,000.0 (300.0) 5,000.0 (400.0) 2,000.0

  26. Slide 26: Competent Persons Statement

    Competent Persons Statement C O P P E R . The information in this Presentation that relates to the estimate of Mineral Resources for the West Desert Deposit is based upon, and fairly represents, information and supporting G R O W T H . For personal use only documentation compiled by Mr Allan Schappe

  27. Slide 27: Competent Persons Statement

    Competent Persons Statement C O P P E R . This Presentation contains information extracted from the following reports which are available on the Company’s website at https://www.americanwestmetals.com/site/content/ G R O W T H . For personal use only 3 September 2024 – 13% Copper In Assays and New D

  28. Slide 28: For personal use only

    For personal use only DAV E O ’ N E I L L DAN N I K A WAR B U R TO N Managing Director Investor & Media Relations +61 457 598 993 +61 401 094 261 doneill@aw1group.com dannika@investabillity.com.au ASX: AW1 | AMERICAN WEST METALS LIMITED | ACN 645 960 550 OTCQB: AWMLF

American West Metals — Investor Presentation (September 2024) on 6ix