Investigator Silver Limited · ASX:IVR

Investigator Silver — Investigator Resources — NWR Aussie Explorers Conference 2022

16 slides from Investigator Silver's conference presentation, Sep 14, 2022

  1. Slide 1: Thinking Silver? Think Investigator.

    For personal use only Thinking Silver? Think Investigator. Paris – Australia’s highest grade Silver project. NWR Aussie Explorers Conference – 14 September 2022 15 March 2022 ASX:IVR ASX:IVR Investigator Resources Limited – NWR Aussie Explorers Conference – 14 September 2022 1

  2. Slide 2: Disclaimer

    Disclaimer For personal use only The information in this presentation is published to inform you about Investigator Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that

  3. Slide 3: What do you need to know about Investigator?

    What do you need to know about Investigator? For personal use only • ASX listed – IVR • South Australia focus, 8500km2 • Paris Silver Project: • Australia’s highest grade Ag project • 53Moz Ag + 98kt Pb - JORC (2012) Resource • PFS completed, DFS underway • Exploration potential within 5km • Uno/Mor

  4. Slide 4: What do you need to know about Investigator?....cont

    What do you need to know about Investigator?....cont For personal use only Capital - as at 30 June 2022 Shares – ordinary 1,332M Perf. Rights & Options (various prices) 32M Share Price* (13 Sept 2022) 5.1c Market Cap* (13 Sept 2022) $68M Cash $6.2M Share Register - as at 30 June 2022 Jupiter Asset M

  5. Slide 5: Silver - Growing use

    Silver - Growing use…… For personal use only A few facts about silver use…..both an industrial and precious metal* • It is the most conductive metal • Circuit boards, semiconductors • 23Moz in 5G networks • Antibacterial, antiviral and antifungal uses • Each solar panel contains ~1oz Ag • Each elect

  6. Slide 6: Silver - Diminishing supply

    Silver - Diminishing supply…………. For personal use only Global Silver Production…. • ~900Moz produced annually • ~75% of production as by-product – Pb, Zn & Au • Largest producers – China, Australia, Russia, Peru, Mexico, and Chile • Head grade of Sth American primary silver producers has halved in l

  7. Slide 7: Paris: the highest-grade undeveloped silver project in Australia

    Paris Silver Project: 100% IVR Paris…..the highest-grade undeveloped silver project in Australia. For personal use only Pre-feasibility study*: • 8.6Mt @ 128 g/t Ag, producing 26.7Moz • Pre-Tax NPV8: A$202M • IRR: 54.1% • Capex: A$131M • Payback: ~2.3 years • Project life: 6 years • LOM Free Cash: A

  8. Slide 8: The Mine

    Paris Silver Project: The Mine For personal use only • Simple open pit - mined in 4 stages • Maximum depth ~100m • Anticipate 70% dig/rip, limited drill & blast • Contract mining @ 2Mtpa • Significant cost benefits to mining faster • Not resource constrained Opportunities: • Southern extension and i

  9. Slide 9: The Plant

    Paris Silver Project: The Plant For personal use only • 3-stage crushing, grind • Simple cyanide leach • Merrill Crowe silver recovery • Silver dore poured on-site • Dry stacked tailings disposal • Hybrid solar/diesel power generation Opportunities: • Pb recovery - focus in DFS • Regional exploratio

  10. Slide 10: The Next Steps

    Paris Silver Project: The Next Steps…….. For personal use only • Open pit geotechnical analysis • Pump testing process water source • Metallurgical optimisation • Lead recovery options • Final Process Plant & Infrastructure design • Permitting & Approvals – mid 2023 • NTMA • PEPR & Mining Lease • In

  11. Slide 11: Exploration prospects within 5km of Paris

    Paris Silver Project: Exploration prospects within 5km of Paris For personal use only • 7,600m RC drilling completed • Apollo: • 8m @ 1,262g/t silver from 149m; incl. • 3m @ 3,167g/t Ag • Highest Ag grade outside Paris • Mineralogically identical to Paris • Diamond twin for structural information •

  12. Slide 12: Apollo Rare Earths Discovery

    Apollo Rare Earths Discovery For personal use only • 2022 drilling focused on silver and base metals • Great geology & focus identified REE opportunity • Significant TREO and MREO intersections at Apollo: • 15m @ 3,221ppm TREO and 1,099ppm MREO from 66m • Incl 9m @ 4,700ppm TREO and 1,772ppm MREO fr

  13. Slide 13: Uno Morgans tenements - 80km east of Paris

    Uno Morgans tenements - 80km east of Paris For personal use only • Bounded by Uno Fault and GRV to North • Similar structural setting to Paris • 3,300m RC drilling completed • 24 of 26 holes intersected mineralisation • 12m @ 240g/t silver from 78m (12 Mile) • 123m @ 0.48% zinc from 15m (Uno Nth) •

  14. Slide 14: Other Tenements – South Australia

    Other Tenements – South Australia For personal use only Curnamona • Cu, Ag and Ag potential • Soil sampling & mapping completed – assays awaited Stuart Shelf • DGO Gold (now Gold Road ASX:GRO) earning-in • Zambian style sedimentary Cu • IOCG Cu & Au Fowler Domain • Osmond Resources (ASX:OSM) earning

  15. Slide 15: Summary

    Summary For personal use only • Silver exposure – Paris is the highest grade undeveloped Ag project in Australia • Robust project PFS financials, opportunities to enhance, DFS complete 2023 • Stable jurisdiction, straightforward pathway to approval • Regional exploration targets with potential to en

  16. Slide 16: Thank you

    For personal use only Thank you Andrew McIlwain, Managing Director 47 King Street, Norwood SA 5067 +61 (0) 8 7325 2222 Thinking Silver? Think Investigator.… amcilwain@investres.com.au Investigator Resources Limited – NWR Aussie Explorers Conference – 14 September 2022 www.investres.com.au 16

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