American West Metals Ltd. · ASX:AW1
American West Metals — Investor Presentation (August 2022)
27 slides from American West Metals's investor presentation, Aug 10, 2022
Slide 1: Metals for the clean energy future
For personal use only Metals for the clean energy future High-Grade Copper | Zinc | Silver | Indium Cu Zn Ag In Investor Presentation - August 2022 ASX Code: AW1 AMERICAN WEST METALS LIMITED ACN 645 960 550 Investor Presentation
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only Important Notice and Disclaimer: 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 present
Slide 3: Competent Persons Statement
Competent Persons Statement For personal use only Competent Persons Statement: The information in this Presentation that relates to Exploration Targets and Exploration Results for the West Desert Project is based on information compiled by Mr Dave O’Neill, a Competent Person who is a Member of The A
Slide 4: Competent Persons Statement
Competent Persons Statement For personal use only ASX Listing Rule 5.12: The Company has previously addressed the requirements of Listing Rule 5.12 in its Initial Public Offer prospectus dated 29 October 2021 (released to ASX on 9 December 2021) (Prospectus) in relation to the West Desert Project. T
Slide 5: Right Assets, Right Timing
Right Assets, Right Timing For personal use only Future facing metals in Tier 1 mining jurisdictions High-grade zinc and copper with world-class geology and outstanding growth potential Robust existing resource base with near-term development potential High-value products from operations with world
Slide 6: High Quality Board and Management Team
High Quality Board and Management Team For personal use only John PRINEAS, Non-executive Chairman Founder of American West and a major shareholder. John is also the founder and Executive Chairman of St George Mining Limited Technical Advisory Team – North America (ASX: SGQ. John holds a Bachelor of
Slide 7: Corporate Overview
Corporate Overview For personal use only AW1 Share Price Key Metrics 0.3 14.00 ASX Code AW1 12.00 0.25 Daile Volume (millions) Shares on Issue1 182,637,750 AW1 Share Price AU$ 10.00 Board / 0.2 Management,… Share Price2 $0.130 8.00 0.15 Cash3 $2.09 million 6.00 Other, 66% InZinc 0.1 Mining Ltd, Mark
Slide 8: West Desert Project, Utah, USA
For personal use only West Desert Project Utah, USA 8 Investor Presentation
Slide 9: West Desert Project, Utah
West Desert Project, Utah For personal use only • West Desert Deposit is a large zinc-polymetallic skarn and carbonate replacement deposit (CRD) • Over 59Mt of resources defined in 2014 PEA with a higher grade core of 16.5Mt @ 6.3% Zn, 0.3% Cu, 33g/t In for 1.03Mt Zn, 45Kt Cu and 545t Indium (NI 43-
Slide 10: Existing resources with outstanding growth potential
Existing resources with outstanding growth potential For personal use only Robust existing development case W WEST DESERT E 16.5Mt @ 6.3% Zn, • Coherent higher grade core – supports potential high-grade and 0.3% Cu, 33g/t In staged development scenario • Simple and clean metallurgy – prior work show
Slide 11: Major drilling program completed
Major drilling program completed For personal use only Outstanding Initial Results • Thick intervals of zinc, copper and molybdenum mineralisation have been logged in all drill holes • Continuity of high-grade zones has been confirmed • Extensions and new zones of mineralisation outside the historic
Slide 12: Regional exploration potential
Regional exploration potential For personal use only Land Position Increase • West Desert is a regional scale mineral system that is underexplored – project wide potential shown by high-grade zinc, copper, lead and silver intersections in limited exploration drilling • December 2021 - a further 148
Slide 13: Compelling valuation versus peers: West Desert has scale and grade
Compelling valuation versus peers: West Desert has scale and grade For personal use only Company MMG Osisko Metals Foran Mining Adriatic Metals American West Metals (HKEx:1208) (TSXV:OM) (TSXV:FOM) (ASX:ADT) (ASX:AW1) Market Cap (A$m) ~$20b ~$70m ~$500m ~$600m ~$20m Project High Lake (100%) Pine Poi
Slide 14: Storm Copper Project and Seal Zinc Deposit, Nunavut, Canada
For personal use only Storm Copper Project and Seal Zinc Deposit Nunavut, Canada 14 Investor Presentation
Slide 15: Storm and Seal Projects, Nunavut
Storm and Seal Projects, Nunavut For personal use only • Storm Copper Project is a high-grade copper discovery awaiting resource drill-out • Seal Zinc Deposit – Stratabound zinc deposit adjacent to Storm copper • Existing resources of 1Mt @ 10.24% Zn, 46.5g/t Ag for 103kt Zn, 1.5Moz Ag (NI 43-101, h
Slide 16: Storm – High grade copper discovery
Storm – High grade copper discovery For personal use only High-grade copper at surface: • Multiple thick, high-grade copper zones identified across 15km2 with intersections, including: • 19m @ 3.41% Cu from surface (ST97-02) • 110m @ 2.45% Cu from surface (ST97-08) • 56.3m @ 3.07% Cu from 12.2m (ST9
Slide 17: Storm – 2750N Zone
Storm – 2750N Zone For personal use only Resource Potential Confirmed: • Drilling by American West Metals has confirmed continuity and extensions to high-grade historical intersections • All drill holes to date have intersected thick zones of copper mineralisation • Multiple strong zones of breccia
Slide 18: Storm – Exceptional DSO copper grades
Storm – Exceptional DSO copper grades For personal use only Low footprint and sustainable DSO potential: • Ore sorting on Storm mineralisation has produce spectacular DSO results generating a >53% copper product • Copper extraction from DSO product highly amenable to conventional floatation processi
Slide 19: Seal – High Grade Zinc and Silver Deposit
Seal – High Grade Zinc and Silver Deposit For personal use only NW SE High-grade zinc discovery with maiden resource: • True width intersections include: • 14.4m @ 10.58% Zn, 28.7g/t Ag from 51.8m (AB95-02) 0mRL • 16m @ 6.62% Zn, 27.1g/t Ag from 76.6m (AB95-03) • 22.3m @ 23% Zn, 5.1g/t Ag from 101.5
Slide 20: Copper Warrior Project, Utah, USA
For personal use only Copper Warrior Project Utah, USA 20 Investor Presentation
Slide 21: Copper Warrior Project, Utah
Copper Warrior Project, Utah For personal use only Strategic address in copper heartland: • Copper Warrior is located in the Paradox Basin, SE Utah – known for world class endowment of copper, vanadium, potash and uranium • Project covers an area of 14 km2 (173 claims) • Located 15km from Utah’s 2nd
Slide 22: Low risk, low cost exploration
Low risk, low cost exploration For personal use only Above: Copper Warrior schematic geological section (top) and IP resistivity data along Section 6 (bottom) Above: Completed IP lines and sampling locations within the Copper Warrior Project area 22 Investor Presentation
Slide 23: Investment Summary
For personal use only Investment Summary 23 Investor Presentation
Slide 24: Strategy for accelerated growth
Strategy for accelerated growth For personal use only DRILLING HAS CONFIRMED CONTINUITY OF HIGH GRADES AT WEST DESERT EXPLORATION IDENTIFIES NEW EXTENSIONS OF WEST DESERT DSO POTENTIAL CONFIRMED AT STORM COPPER, RESOURCE DRILLING UNDERWAY GEOPHYSICS DEFINED COPPER TARGETS AT COPPER WARRIOR 24 Invest
Slide 25: Value drivers and key milestones
Value drivers and key milestones For personal use only WEST DESERT ASSAYS WEST DESERT FEASIBILITY • Final results expected • Drilling recommences • Infrastructure upgrades • ESG and Mining Studies COPPER WARRIOR DRILLING WEST DESERT RESOURCE • Resource drilling commences • Maiden JORC Resource WEST
Slide 26: Existing resources
Existing resources For personal use only West Desert Resource: NI-43-101 & 43-101F1 Technical Report with effective date of 17 March 2017 prepared by Mine Development Associates and titled: “Technical Report on the West Desert Zinc-Copper-Indium-Magnetite Project Preliminary Economic Assessment, Jua
Slide 27: Contact
For personal use only Contact Dave O’Neill Managing Director +61 457 598 993 doneill@aw1group.com Dannika Warburton Investor & Media Relations +61 401 094 261 dannika@investabillity.com.au 27 Investor Presentation
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