American West Metals Ltd. · ASX:AW1
American West Metals — Investor Presentation (May 2022)
20 slides from American West Metals's investor presentation, May 4, 2022
Slide 1: Metals for the clean energy future
Metals for the clean energy future High-Grade Copper | Zinc | Silver | Indium Cu Zn Ag In Mines and Money - May 2022 ASX Code: AW1 AMERICAN WEST METALS LIMITED ACN 645 960 550 Investor Presentation
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer 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 presentation sets out general
Slide 3: Important Notice and Disclaimer
Important Notice and Disclaimer 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. The Company is not
Slide 4: Right Assets, Right Timing
Right Assets, Right Timing 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 Leveraged to strong macro trends in the copper and zinc markets Dec 2
Slide 5: High Quality Board and Management Team
High Quality Board and Management Team 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 Economics and Bachelor
Slide 6: Corporate Overview
Corporate Overview Key Metrics AW1 Share Price 0.3 ASX Code AW1 Daily Volume (Millions) AW1 Share Price AU$ Shares on Issue1 161,185,000 0.25 2.5 Share Price2 $0.22 0.2 2 Board / Management, 31% Cash3 $5.17 million 0.15 1.5 Market Capitalisation2 $35.46 million Other, 61% 0.1 1 InZinc Mining Unliste
Slide 7: Strategy for accelerated growth
Strategy for accelerated growth DRILLING HAS CONFIRMED CONTINUITY OF HIGH GRADES AT WEST DESERT EXPLORATION UNDERWAY ON HIGH-PRIORTY NEARMINE TARGETS AT WEST DESERT DSO POTENTIAL CONFIRMED AT STORM COPPER, RESOURCE DRILLING PLANNED GEOPHYSICS FOR TARGET DEFINITION COMPLETED AT COPPER WARRIOR 7 Inves
Slide 8: West Desert Project, Utah
West Desert Project, Utah • West Desert Deposit is a large zinc-polymetallic skarn and carbonate replacement deposit (CRD) – 100% owned by AW1 • Over 59Mt of resources 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 43-101, historical and fo
Slide 9: Existing Resources with Outstanding Growth Potential
Existing Resources with Outstanding Growth Potential Robust existing resource base W WEST DESERT E • Thick mineralisation - includes historical intersections such as: 16.5Mt @ 6.3% Zn, • 30m @ 18% Zn (C07-03) and 17.4m @ 27.3% Zn (C07-02) 0.3% Cu, 33g/t In • 10.4m @ 3.2% Cu (CC-39) • 45.8m @ 124g/t
Slide 10: Major drilling program underway
Major drilling program underway AW1s Inaugural Drilling Program Underway • Diamond drill program is designed to test the continuity and extensions of key high-grade zinc and copper zones and for metallurgical test-work • Results will be used to support a JORC mineral resources estimation, alongside
Slide 11: First drill hole confirms strong mineralisation
First drill hole confirms strong mineralisation Assays confirm quality of West Desert mineralisation • Thick zones of high-grade zinc-copper-silver-indium mineralisation, including; • 6.4m @ 11.42% Zn, 0.53% Cu, 0.26g/t Au, 14.66g/t Ag, 48.23g/t In and, • 5.18m @ 8.66% Zn, 0.54% Cu, 0.17g/t Au, 16.0
Slide 12: Outstanding growth potential
Outstanding growth potential 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 claims have been staked,
Slide 13: Compelling Valuation Versus Peers: West Desert Has Scale and Grade
Compelling Valuation Versus Peers: West Desert Has Scale and Grade Company Adriatic Metals Develop Global New World Resources Eagle Mountain Mining American West Mining (ASX:ADT) (ASX:DVP) (ASX:NWC) (ASX:EM2) (ASX:AW1) Market Cap (A$m) $660m $508m $90m $110m $35m Project Rupice (100%) Sulphur Spring
Slide 14: Storm and Seal Projects, Nunavut
Storm and Seal Projects, Nunavut • Seal Zinc Deposit – Stratabound zinc deposit open in all directions • Existing resources of 1Mt @ 10.24% Zn, 46.5g/t Ag for 103kt Zn, 1.5Moz Ag (NI 43-101, historical and foreign) with outstanding growth potential • Confirmed to be related to Polaris Deposit Zn-Pb
Slide 15: High-Grade copper and zinc in under-explored land holding
High-Grade copper and zinc in under-explored land holding SEAL DEPOSIT Multiple thick, high-grade copper zones identified at Storm, including: • 15m @ 4.24% Cu from surface (ST97-02) • 110m @ 2.45% Cu from surface (ST97-08) • 56.3m @ 3.07% Cu from 12.2m (ST99-19) STORM PROSPECT Above: Long Section o
Slide 16: Growth potential confirmed at Storm
Growth potential confirmed at Storm Exploration and processing test work produces immediate success • High powered Electromagnetic (EM) survey highlights numerous conductors identified in recent surveys – Results announced Dec 2021 • 14 new EM anomalies identified, some shallow coincident with high-
Slide 17: Copper Warrior Project
Copper Warrior Project 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 largest copper mine - Lisbon
Slide 18: Low risk, low cost exploration
Low risk, low cost exploration Mineralisation amenable to simple exploration • Lisbon Valley mine units confirmed in project area with recent rock chip sampling – grades up to 3.3% Cu • 6 samples returned grades higher than Lisbon Valley resource grade (~0.46% Cu) • The style and shallow nature of m
Slide 19: Value Drivers for American West
Value Drivers for American West WEST DESERT FEASIBILITY • Drilling recommences WEST DESERT ASSAYS • Infrastructure upgrades • Final results expected • ESG and Mining Studies COPPER WARRIOR DRILLING WEST DESERT RESOURCE • Resource drilling commences • Maiden JORC Resource WEST DESERT DRILLING • Minin
Slide 20: Contact
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 20 Investor Presentation
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