American West Metals Ltd. · ASX:AW1

American West Metals — Investor Presentation (December 2024)

27 slides from American West Metals's investor presentation, Dec 17, 2024

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

    D E C 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 Highlights C O P P E R . Demonstrated growth through drilling and process innovation G R O W T H . For personal use only Storm Copper (AW1 80%) Open-pit resource of 20.6Mt @ 1.1% Cu, 3.3g/t Ag1 (229Kt Cu and 2.2Moz Ag) with further growth potential Underexplored, district-scale sediment h

  4. Slide 4: Board and Management Team

    Board and Management Team C O P P E R . Leadership team with a track record of discovery and mine development G R O W T H . For personal use only DAN LOUGHER DAVE O’NEILL Non-Executive Chairman Managing Director VP OPERATIONS Daniel Lougher is a highly regarded mining Founder of American West and a

  5. Slide 5: 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

  6. Slide 6: Tier 1 Mining Jurisdiction

    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 just 25km f

  7. Slide 7: Nunavut in focus

    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 Scan Code to watch our Sealift video 1 - Nunavut Impact Review Board database 202

  8. Slide 8: Storm Copper-Silver Resource

    Storm Copper-Silver Resource C O P P E R . Defining a high-quality open pit opportunity G R O W T H . For personal use only Updated MRE defines over 229Kt of copper and 2.2Moz of silver defined within six deposits Sediment Hosted Copper Deposit similar to those of the Central African and Kalahari Co

  9. Slide 9: Storm Copper-Silver Resource

    Storm Copper-Silver Resource C O P P E R . Defining a high-quality open pit opportunity G R O W T H . For personal use only 61% of the resource is classified in the JORC 2012 Indicated Category High confidence resource categories allow robust mine planning and economic assessment → pathway to permit

  10. Slide 10: Rapidly Expanding Copper Footprint

    Rapidly Expanding Copper C O P P E R . Footprint G R O W T H . For personal use only 2024 drilling has continued to expand the known mineralisation and make new discoveries New discoveries of high-grade mineralisation discovered during 2024 – NOT YET INCLUDED IN MRE Numerous EM anomalies remain unte

  11. Slide 11: Multiple Copper Horizons Discovered

    Multiple Copper Horizons C O P P E R . Discovered G R O W T H . For personal use only The known near-surface copper deposits may be the ‘tip of the Iceberg’ Only 5% of all drill holes have tested >100m vertical depth All deep drill holes to date have intersected copper mineralisation at depth – 100%

  12. Slide 12: District Scale Opportunity

    District Scale Opportunity C O P P E R . 100% control of regional copper G R O W T H . For personal use only and base metal system Storm 20.6Mt @ 1.1% Cu, 3.3g/t Ag underpinning a potential low-cost, open-pit copper Copper Belt opportunity with two new discoveries made >100km long prospective copper

  13. Slide 13: Copper Direct Shipping Ore (DSO)

    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 13

  14. Slide 14: Proposed DSO Operation

    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 process to pro

  15. Slide 15: Catalysts for Re-rating and Growth

    Catalysts for Re-rating and Growth C O P P E R . • Resource is significantly derisked with large increase in G R O W T H . Indicated resources For personal use only RESOURCE EXPANSION • >100m depth around known deposits is not explored – expanding the exploration parameter space • Future work progra

  16. Slide 16: 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

  17. Slide 17: West Desert

    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 (Indicated a

  18. Slide 18: West Desert: largest known undeveloped indium resource in the US

    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 the ele

  19. Slide 19: 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

  20. Slide 20: Copper Warrior Project

    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 the

  21. Slide 21: Appendix

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

  22. Slide 22: Corporate Overview

    Corporate C O P P E R . Overview G R O W T H . For personal use only Key Metrics ASX Code : AW1 AW1 Share Price and Volume 595,742,525 $32.7 million Shares on Issue Market Capitalisation1 $0.055 77,238,904 Share Price2 Unlisted Options4 $1.34M Cash3 1. Undiluted market capitalisation as at 6 Novembe

  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: 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

  26. Slide 26: 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 16 December 2024 – Significant Growth of Storm MR

  27. Slide 27: 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

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