Advance Metals Limited · ASX:AVM

Advance Metals — Investor Presentation (November 2024)

16 slides from Advance Metals's investor presentation, Nov 1, 2024

  1. Slide 1: Updated Announcement: Advance Metals Corporate Presentation Silver in Mexico

    1 November 2024 Updated Announcement Advance Metals Corporate Presentation Silver in Mexico This is an updated announcement to the one released on 30 October 2024 with additional commentary on slide 2 For personal use only and amendments on slide 6. This announcement has been authorised for release

  2. Slide 2: Acquisition of Significant High-Grade Silver Project in Mexico

    For personal use only ACQUISITION OF SIGNIFICANT HIGH-GRADE SILVER PROJECT IN MEXICO Yoquivo Project - 17.23M oz silver foreign estimate (AgEq) @ 570 g/t AgEq against a backdrop of record high silver price CORPORATE PRESENTATION | OCTOBER 2024 Advance Metals Limited (ASX:AVM) | Corporate Presentatio

  3. Slide 3: Important Notice & Disclaimer

    IMPORTANT NOTICE & DISCLAIMER “ēĖŜϙŕŘôŜôIJťÍťĖĺIJϙēÍŜϙæôôIJϙŕŘôŕÍŘôîϙæƅϙîŽÍIJèôϙaôťÍīŜϙ[ĖıĖťôîϟϙϼЊAVMЋϙĺŘϙťēôϙГCompany"). This reasonable, but they may be affected by a range of variables and changes in underlying assumptions For personal use only presentation may not be reproduced, redistributed or pas

  4. Slide 4: Acquisition Highlights

    ACQUISITION HIGHLIGHTS For personal use only FOREIGN SILVER MEXICO SILVER FAVOURABLE DEVELOPMENT ESTIMATE EXPOSURE GLOBAL LEADER GEOLOGY PATHWAY Based on drilling data Yoquivo Project Mexico is the world's A series SilverϳGold Committing $100,000 of Foreign Estimate of secured against a largest silv

  5. Slide 5: High-Grade Silver Project - Acquisition Overview

    HIGH-GRADE SILVER PROJECT - ACQUISITION OVERVIEW ‡ Advance Metals Limited (AVM) has entered into a binding sale agreement with Golden Minerals Company, a TSX For personal use only listed entity, TSX: AUMN (Golden Minerals) to acquire a 100% interest in a High-Grade Silver Project, the Yoquivo Projec

  6. Slide 6: Silver Growth Trend from Increased Industrial Use

    SILVER GROWTH TREND FROM INCREASED INDUSTRIAL USE 10-Year Silver Price Trend (USD/oz) Uses of Silver in the USA For personal use only 40 Other industrial Silver had risen nearly uses* 35 30% in 2024 alone to Jewellery 10% 6% US$34 per ounce 30 25 Solar panels Physical bars 10% (bullion) 34% 20 15 Co

  7. Slide 7: ASX Listed Peers

    ASX LISTED PEERS Advance Metals is the most leveraged Central/South American High-Grade Silver Company on ASX at a time of record high silver prices For personal use only Listed Peers Market Cap Listed Peers ($M) Grade 221 Company Code Location Market Cap ($m) Moz AgEq Type of resource Stage (AgEq g

  8. Slide 8: Mexico Leading Silver Producer

    MEXICO LEADING SILVER PRODUCER Sierra Madre Silver production by country ϳ 2023 (metric tonnes) Occidental For personal use only volcanic belt Mexico 6,400 Key Silver Producers China 3,400 Peru 3,100 Mexico produces 24.6% Other 3,000 of global silver Chile 1,400 supply Poland 1,300 Russia 1,200 26,0

  9. Slide 9: Project Location

    PROJECT LOCATION Figure: Yoquivo Project location and surrounding mines. Figure: Location of Yoquivo Silver Project tenure. Yoquivo Silver Project is located 210 km WSW For personal use only Figure courtesy of Golden Minerals. Figure courtesy of Golden Minerals. of the city of Chihuahua, Chihuahua S

  10. Slide 10: Geology

    GEOLOGY ‡ The Yoquivo Silver Project is located within the Sierra Madre For personal use only Occidental volcanic belt (Sierra Madre). ‡ The Yoquivo Silver Project area is sited within volcanic rock units belonging to the Lower Volcanic Group (andesites) and the Upper Volcanic Group (ignimbrites). W

  11. Slide 11: Previous Drilling Results

    PREVIOUS DRILLING RESULTS Golden Minerals reported bonanza grade drilling intercepts of silver ‡ From 2020 to 2022, Golden Minerals has across its three previous drilling campaigns ϳ including highlights of: For personal use only completed 16,565m of drilling at the Yoquivo Silver Project. Hole ID I

  12. Slide 12: Upcoming Activities for Yoquivo

    UPCOMING ACTIVITIES FOR YOQUIVO For personal use only Resource Classification Upgrade Release JORC Resource Commence Drilling Drilling Program Planning Completion of Due Diligence Key activities Advance Metals Limited (ASX:AVM) | Corporate Presentation | October 2024 | 11

  13. Slide 13: For personal use only

    ®F“Ѝ‹ϙb(³“ϙ>i‡ϙ«a For personal use only Augustus Copper/ Yoquivo Silver Complementary Gold Project, USA Project, Mexico Acquisitions Move towards its Quickly commence Actively searching for drilling program early-stage additional value subject to satisfaction exploration work to accretive of all req

  14. Slide 14: Augustus Project: Phase 1 Sampling Confirms Copper and Gold Mineralisation

    AUGUSTUS PROJECT: PHASE 1 SAMPLING CONFIRMS COPPER AND GOLD MINERALISATION Phase 2 will include channel For personal use only Over 60 rock chip samples Further assay results from sampling, trenching, and Integration of new data into Geophysical surveys taken during Phase 1, Phase 1 are pending and p

  15. Slide 15: Company Background

    COMPANY BACKGROUND Corporate Overview Board and Management Company Advance Metals Limited Dr. Adam McKinnon, Incoming Managing Director and CEO For personal use only Adam is an experienced mining and geoscience professional most recently as Code AVM Managing Director at Magmatic Resources (ASX:MAG),

  16. Slide 16: Investor Queries

    For personal use only Investor Queries Joshua Gordon Non-Executive Director jgordon@advancemetals.com.au Sydney Office Suite 706, Level 789 York Street Sydney, NSW, 2000 Advance Metals Limited (ASX:AVM) | Corporate Presentation | October 2024 | 15

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