Ais Resources Ltd · TSXV:AIS
Ais Resources — Investor Presentation (March 2023)
54 slides from Ais Resources's investor presentation, March 2023
Slide 1: AIS Resources
AIS RESOURCES DEVELOPING SIX ADVANCED LITHIUM PROJECTS IN THE LITHIUM TRIANGLE, ARGENTINA EXPLORING AND DEVELOPING FOUR ADVANCED GOLD PROJECTS IN THE WORLD’S BEST ADDRESSES FOR HIGH- GRADE GOLD MINES IN AUSTRALIA Q1 – 2023 TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM
Slide 2: Disclaimer
DISCLAIMER Information set forth in this presentation contains forward-looking statements that are based on assumptions as of the date of this presentation. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. A
Slide 3: Lithium in Argentina
LITHIUM IN ARGENTINA Five drill-ready Lithium Projects licenced to exploration companies with one more to go. One has been drilled, three have commenced drilling. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 33
Slide 4: Lithium Demand – Property Prices Soar with Lithium Price
Lithium Demand – Property Prices Soar with Lithium Price Current sales of Lithium Projects in the area: • Pozuelos Salar sold for $925 million to Ganfeng by Petrol Plus • Rincon was sold to Rio Tinto by Rincon Lithium for $825 million Drilling at Pocitos in 2018 Brine flow at drill holes on Pocitos
Slide 5: Lithium Demand – Strong Price & Market Growth Forecast
Lithium Demand – Strong Price & Market Growth Forecast “The global lithium market… is projected to grow to USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period.” Quote from Fortune Magazine Lithium Price Index Chart – 2018 to 2024 Trading Economics by TradingEconomics.com January 2
Slide 6: Highlights – Six Advanced Drill-Ready Lithium Projects
Highlights – Six Advanced Drill-Ready Lithium Projects The highly prospective ground staked in select salars in the Lithium Triangle in Argentina, include these six drill-ready projects: Incahuasi Project Pocitos 1 & 2 Projects, Pocitos 7 & 9 Project, Yareta XIII Project, Candela II Pocitos Salar Po
Slide 7: Incahuasi Project, Candela II – Overview
Incahuasi Project, Candela II – Overview • AIS retains a 20% equity interest 3,000 hectare mineral claim until a resource is declared, at which point it can co-contribute to its development. • Spey Resources has a production drilling program planned for 1st quarter 2023. • Spey can purchase AIS Reso
Slide 8: Incahuasi Project, Candela II – Drilling for Lithium
Incahuasi Project, Candela II – Drilling for Lithium Joint Venture with Spey Resources • Completed drilling five holes, including 3 x 50m, 1 x 70m and 1 x 250m • Aquifers were intercepted with lithium values of 153 ppm – pink area below Brines coming to surface Geophysics show low resistivity areas
Slide 9: Incahuasi Project, Candela II – Geophysics & Aquifers
Incahuasi Project, Candela II – Geophysics & Aquifers Low resistivity aquifer – pink area TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 9
Slide 10: Incahuasi Project, Candela II – Drilling at Drill Hole 1 Site
Incahuasi Project, Candela II – Drilling at Drill Hole 1 Site 99.5% Lithium Carbonate produced from surface brine samples using Ekosolve© Drill rig located at drill hole 1 site Process to be employed by AIS Resources/ TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 10
Slide 11: Pocitos 1 & 2 Project, Pocitos Salar – Overview
Pocitos 1 & 2 Project, Pocitos Salar – Overview • AIS retains a 7.5% royalty on lithium carbonate sales for both properties. • Pocitos 1 – 800 hectares Recharge Resources commenced drilling a third well. • Pocitos 2 – 532 hectares Spey Resources commenced drilling October 2022. • Optioned for US$1 M
Slide 12: Pocitos 1 & 2 Project, Pocitos Salar – Drilling Success
Pocitos 1 & 2 Project, Pocitos Salar – Drilling Success 2018 video of brine flow from HQ 2018 drill holes on Pocitos 1 and 2, 7km north TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 12
Slide 13: Pocitos 7 & 9 Project, Pocitos Salar – Overview
Pocitos 7 & 9 Project, Pocitos Salar – Overview • C29 Metals Limited (listed ASX: C29) optioned these to evaluate lithium potential. • AIS retains 20% purchasable for a percentage of the estimated value of the property resource. • 800 and 600 hectares for US$430,000 for 9- month ending June 30, 2023
Slide 14: Pocitos 7 & 9 Project, Pocitos Salar – Key Features
Pocitos 7 & 9 Project, Pocitos Salar – Key Features • Substantially explored by AIS, Chengxiu, Millennial – extensive sampling and geophysics completed – projects cover 800 Has and 600 Has on the salar • Detailed 5m depth trenching of 10 trenches • VTEM geophysics shows low resistivity (<0.02 ohm-m)
Slide 15: Pocitos 7 & 9 – Drill Hole Location Map
Pocitos 7 & 9 Project, Pocitos Salar – Drill Hole Location Map + Mark for suggested drill hole locations from the geophysics TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 15
Slide 16: Pocitos 7 & 9 Project, Pocitos Salar – Geophysics
Pocitos 7 & 9 Project, Pocitos Salar – Geophysics Red area denotes the aquifer inferred from resistivity 130m from surface – east west Lithium aquifer – dark red area EAST WEST TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 16
Slide 17: Pocitos 7 & 9 Project, Pocitos Salar – Geophysics
Pocitos 7 & 9 Project, Pocitos Salar – Geophysics Black line denotes the aquifer inferred from resistivity 130m from surface – north south Lithium aquifer – dark red area SOUTH NORTH TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 17
Slide 18: Yareta XIII, Cauchari Salar – Overview
Yareta XIII, Cauchari Salar – Overview • AIS is reviewing expressions of interest to option Yareta for exploration and drilling. • Close to famous lithium salars Rincon such as Cauchari, Olaroz, Salar Rincon Rincon, Pozuelos, Pocitos Salar • 1,525 hectares located at the Incahuasi Yareta XIII southe
Slide 19: Yareta XIII, Cauchari Salar – Key Features
Yareta XIII, Cauchari Salar – Key Features • Substantially explored by Orocobre – sampling drilling and geophysics nearby – Jujuy Province – covers 1,525 Has area – land as well as salar • VTEM geophysics shows low resistivity (<0.02 ohm-m) aquifers with K, Mg, Li brines (not saltwater which is >0.0
Slide 20: Yareta XIII, Cauchari Salar – Prime Location
Yareta XIII, Cauchari Salar – Prime Location • Currently the Cauchari-Olaroz basin has several mining projects in different phases, from initial exploration to production phases. • Some of the operating companies include these public companies listed on S&P/TSX and NYSE: • Lithium Americas Corp. LAC
Slide 21: Gold in Australia
GOLD IN AUSTRALIA Developing four Advanced Gold Projects in the world’s best addresses for high-grade gold mines in the Victoria Lachlan Fold Belt in Australia. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 21 21
Slide 22: Highlights – Four Advanced Drill-Ready Gold Projects
Highlights – Four Advanced Drill-Ready Gold Projects The highly prospective ground staked in the Victorian Golden Triangle, the NSW Australia goldfields in Lachlan Fold Belt and Greenstone corridor are surrounded by major fault systems and include four drill-ready projects: Kingston Gold Fosterville
Slide 23: Fosterville-Toolleen Gold Project
FOSTERVILLE-TOOLLEEN GOLD PROJECT Gold project 12 km from the world’s lowest cost Gold Producer – the 9 Moz Au Fosterville Gold Mine TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 23
Slide 24: Fosterville Gold Mine and AIS Fosterville-Toolleen
Fosterville Gold Mine Fosterville Open-cut Pit Fosterville Gold Mine Gold project located only AIS Fosterville-Toolleen 12 km from the world’s lowest cost Gold Gold Project Property Producer – the 9 Moz Au Fosterville Gold Mine. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 24 24
Slide 25: Fosterville-Toolleen – Gold Project
Fosterville-Toolleen – Gold Project • Exploration Licence EL6001 Closest project to Fosterville Gold Mine open pit mine with 9 Moz @ 7.3 g/t Au" • Drill-ready project with IP geophysics and R-C/diamond drilling to complement drill & radar geophysics work done to date • Fosterville initial drill resu
Slide 26: Fosterville-Toolleen – Phase 1 RC Drilling on Gravity – Sb Discovery
Fosterville-Toolleen Gold Project – Phase 1 RC Drilling on Gravity – Sb Discovery In August, AIS announced the discovery of elevated antimony levels in the eastern portion of the Company’s Fosterville- Toolleen Gold Project. AIS Resources Consultant Phil Thomas commented: “Finding another pathfinder
Slide 27: Fosterville-Toolleen – Structures Well Defined
Fosterville-Toolleen Gold Project – Structures Well Defined The Shape Index image also focusses on short-wave length (near surface) features. The edges of the NNW-SSE striking structures are well imaged. The Shape Index is used for structural interpretation. The image shows the gravity highs and low
Slide 28: Fosterville-Toolleen – Bouguer Gravity Target Selection
Fosterville-Toolleen Gold Project – P21024 Bouguer Gravity – Target Selection R1 and R2 are both cut by what may be a steeply R2 R1 dipping normal fault “N1” Vertical D U contact U The intersection of R1 and N1 D Mt presents a high priority drill .P lea target. sa U N1 Soil sampling in the area nt C
Slide 29: Fosterville-Toolleen – Drill Hole Locations
Fosterville-Toolleen Gold Project – Drill Hole Locations Map Description • White solid dots represent drill targets • White dots with black centre is first drilling phase locations • RC drill program is being scheduled for December/ subject to rig availability/ conditions and landowner permission •
Slide 30: Fosterville-Toolleen – Geology Encountered
Fosterville-Toolleen Gold Project – Geology Encountered Kingston Project Toolleen Fosterville Project TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 30
Slide 31: Yalgogrin Gold Project
YALGOGRIN GOLD PROJECT Drill-ready advanced gold project in the historic Yalgogrin Gold Field. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 31
Slide 32: Yalgogrin – Great Location, Close to Largest Australian Producers
Yalgogrin Gold Project – Great Location, Close to Largest Australian Producers • Located in the World Class Gold District Lachlan Fold belt of NSW. • Home to world class gold deposits including Cadia, North Parkes and Lake Cowal. • The gold mineralization is believed to be Orogenic style. • EL5891 c
Slide 33: Yalgogrin – NSW Geophysics
Yalgogrin Gold Project – NSW Geophysics YDD01 intercepted 87m of gold at 1.5 g/t The IP survey highlighted a significant number of highs in red with deep intersections down to 200m TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 33
Slide 34: Yalgogrin – EL5891 Best Intercepts on Plan
Yalgogrin Gold Project – EL5891 Best Intercepts on Plan DDH001: 87m at 1.5g/t TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 34
Slide 35: Yalgogrin – Walsh's Prospect Section
Yalgogrin Gold Project – Walsh’s Prospect Section TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 35
Slide 36: Yalgogrin – Next Drill Phase – Open Pit
Yalgogrin Gold Project – Next Drill Phase – Open Pit The Best Assay Results Were returned from the Neighbours Farm drill holes which included 1m @ 6.4 g/t Au in YDD06 and 0.3m @ 10 g/t Au in YDD07. Assay Results YDD06 and YDD07 were both within a broader thickness of mineralization grading between 0
Slide 37: Yalgogrin – Thin Section Showing Gold
Yalgogrin Gold Project – Thin Section Showing Gold FIG 12: SAMPLE YDD1, 111,68-111.75m (Reflected plane polarised light, Obj. x50. Image PS124125). Within the sulfide-rich band at the margin of the vein, native gold grains (bright pale yellow, centre) lie in close association with pyrite (cream), ar
Slide 38: Kingston Gold Project
KINGSTON GOLD PROJECT Drill-ready 167 sq km Exploration Licence EL6318 with drill results of 16.89 g/t and 24.27 g/t Au. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 38
Slide 39: Kingston – Exploration Licence EL6318
Kingston Gold Project – Exploration Licence EL6318 The Exploration Licence EL6318 has two properties: • North Kingston Mine and Ararat sections surrounded by multiple mining public & private companies. • Ararat’s western border is flanked by the Navarre Minerals (ASX: NML) and the Stavely Minerals (
Slide 40: Kingston Mine Royalty 15%
Kingston Gold Project – Kingston Mine Royalty 15% AIS has a 15% royalty for gold taken from the Kingston Mine on the company’s EL. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 40
Slide 41: Kingston – Overview
Kingston Gold Project – Overview Historically Prolific Gold Production Area • 1900 to 1903 – The Old Kingston Mine production as estimated by the then Mining Surveyor was 2,762 ozs of gold from mining 11,764 tonnes of ore at 7.3 g/t Au average grade. • 1931 to 1932 – Previous exploration at North Ki
Slide 42: Kingston – Overview – continued
Kingston Gold Project – Overview – continued Historically Prolific Gold from 2002 On • 2002-2010 – Range River Gold Limited undertook a program of geological mapping, rock chip sampling and drilling. The best drilling results were 5m @ 12.6 g/t Au from 63m in hole KNGC6; 6m @ 5.8 g/t Au from 52m in
Slide 43: Kingston – Magnetic Study Showing Trends and Drill Targets
Kingston Gold Project – Magnetic Study Showing Trends and Drill Targets Kingston Mine Stawell Mine Primary reef Landsborough fault trends TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 43
Slide 44: Bright Gold Project
BRIGHT GOLD PROJECT EL006194 contains more than 250 historical gold mines, reefs (quartz veins) averaging 22 g/t Au TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 44
Slide 45: Bright – Overview
Bright Gold Project – Overview Another Historically Prolific Gold Production Area • Bright Gold Project EL006194 contains more than 250 historical gold mines, reefs (quartz veins) and gold occurrences dating back to the 1890’s. • Historically the EL006194 yielded 341,000 oz gold at grades between 7-
Slide 46: Bright – Premium Location, Close Proximity to E79
Bright Gold Project – Premium Location, Close Proximity to E79 E79 Exploration Licence in Happy Valley Black dots are historical gold mines. TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 46
Slide 47: Bright – 250 Historical Mines, Reefs & Workings
Bright Gold Project – 250 Historical Mines, Reefs & Workings The northern section of the Exploration Licence shows the large number of historic mines, reefs and workings that are walk-up targets for drilling. The Pioneer Mine (shown in the gold ellipse) was the most successful mine in the northern a
Slide 48: Bright – Golden Bar Reef Drill Holes – GBDD001-002
Bright Gold Project – Golden Bar Reef Drill Holes – GBDD001-002 Drill holes GBDD001 and GBDD002 were drilled to test the down plunge intersections of Shaws-Home Reef and Red Leader-Home Reef. Logging and assaying of these holes are to be finalized in the first quarter of 2022. MIN4004 is in our expl
Slide 49: Bright – Core Sections Showing Sulphide Mineralization
Bright Gold Project – Core Sections Showing Sulphide Mineralization AIS Resources Geologist Stewart Govett has determined that 223 metres of DDH core from two drill holes produced in the most drilling show massive sulphides that may contain gold and a large quartz vein intersected with pyrite and ar
Slide 50: Management & Market Cap
MANAGEMENT & MARKET CAP Experienced Exploration & Development Team – Market Cap and Share Structure TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 50 50
Slide 51: Experienced Management Team
Experienced Management Team Martyn Element Kiki Smith, B.A.(Econ), CPA, CGA Andrew Neale, BASc, MASc President, CEO & Chairman Chief Financial Officer Independent Director Primarily focused on sourcing capital Brings more than two decades of Andrew is a Canadian engineer with over globally and advis
Slide 52: Experienced Geological Team
Experienced Geological Team Stewart Govett, BSc. Geology, MAIG, Dr. Rod Boucher, BSc Geol, PhD Geol, Phillip Thomas, BSc Geol, MBusM Geological Advisor / Consultant Advisory Board Member FAusIMM MAIG MAIMVA (CMV) Geological Consultant Stewart has over 15 year experience as Rod is the Toolleen vendor
Slide 53: Share Structure & Exchange Listings
Share Structure & Exchange Listings As of January 23, 2023 Shares 204,215,409 Options 16,221,667 Warrants 106,785,388 Fully Diluted 327,222,464 Exchange Listings TSX.V: AIS OTCQB: AISSF Frankfurt: 5YHA TSX.V: AIS | OTCQB: AISSF | FRA: 5YHA. | AISRESOURCES.COM 53
Slide 54: Corporate Contact
Corporate Contact A.I.S. Resources Limited For more information, please contact: Suite 1120 789 West Pender Street Martyn Element Vancouver, BC V6C 1H2 Chairman of the Board, Director Canada M +1-604-220-6266 [email protected] T +1-604-687-6820 Kiki Smith Listed on: Chief Financial Officer T