Advance Metals Limited · ASX:AVM
Advance Metals — Investor Presentation (November 2022)
22 slides from Advance Metals's investor presentation, Nov 21, 2022
Slide 1: US Focused. US Based. Corporate Presentation
For personal use only US FOCUSED. US BASED. ASX Listed Strategic Metals Explorer Corporate Presentation November 2022 Garnet Creek Seven Devils Mining District, Adams County, Idaho Keith Middleton - Director COPYRIGHT ©2022 ALL RIGHTS RESERVED ASX:AVM
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Advance Metals Limited. (“AVM” or the "Company"). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior
Slide 3: Corporate Overview
CORPORATE OVERVIEW AVM PROJECT LOCATIONS For personal use only § ASX listed Minerals Exploration Company focused on US Metals § Experienced board & management in building exploration companies § US based management and technical exploration team § Building a pipeline of metals projects utilizing mod
Slide 4: Board & Management
BOARD & MANAGEMENT For personal use only GEOFFREY HILL MELISSA SANDERSON KEITH MIDDLETON DOMINIC HILL DWIGHT KINNES MICHAEL BARRETT Chairman Non-Executive Director Executive Director Chief Operating Officer Chief Technical Officer Exploration Geologist Geoff has been an Melissa has worked across Kei
Slide 5: Resources in the US
RESOURCES IN THE US For personal use only FAVORABLE PERMITTING LOCAL GOVERNMENT JURISDICTION PATH EXPERTISE SUPPORT Western USA is a favorable USA has a tested exploration USA has numerous world The US government is mining jurisdiction with world and permitting regime with a class mining service pro
Slide 6: Mining for Security and Prosperity
MINING FOR SECURITY AND PROSPERITY For personal use only THE ENERGY TRANSITION IS SPARKING AMERICA’S NEXT MINING BOOM § Made-in-America supply chain for Critical Minerals § Expanding domestic mining, production, and processing of strategic minerals § Reduced timeline for new mines § Vital for ESG (E
Slide 7: Copper: The Key to Electrification
COPPER : THE KEY TO ELECTRIFICATION For personal use only COPPER SUPPLY & DEMAND MINERALS USED IN CARS § S&P Global forecasts copper demand doubling to 50Mt by 2035. Conventional car • By 2050, demand to reach 53Mt. § The Pipeline of future Copper projects is thin Electric car • The industry will be
Slide 8: Investment Approach
INVESTMENT APPROACH For personal use only TARGETING AREAS WITH PROVEN PRODUCTION § 7 Counties § 30 mining districts § 70 historic mining properties § 2 Assets acquired § 4 prospects identified to pursue § Advancing projects with technical and management presence in the US SPECIFIC LOCATION CRITERIA
Slide 9: Idaho Is Minerals Rich
IDAHO IS MINERALS RICH IDAHO IS KNOWN AS THE GEM STATE For personal use only § Tier one mining jurisdiction § Transparent permitting process § Supportive state and local governments MINED COMMODITIES § Copper, Gold, Silver, Cobalt, and Strategic metals § Exploration and development projects • Hecla
Slide 10: The Seven Devils Region: Idaho
THE SEVEN DEVILS REGION : IDAHO For personal use only Years Area Tons Cu % § The Seven Devils region is host to our flagship Garnet Creek Project Windy Ridge 1883-1903 29,802 6.68 § District mining and development reached a production high in 1925 Garnet Creek Area: Peacock § Production stopped like
Slide 11: Garnet Creek Copper Project
GARNET CREEK COPPER PROJECT For personal use only § Highly prospective copper project north of Cuprum in Western Idaho § 147 Federal Lode Mining Claims § Surface and Minerals Control over 2,525 acres § JORC Exploration Target • 2.76Mt – 6.44Mt @ 0.5%-1.5% Cu, 0.15-0.5 g/t Au, 0.31-0.52 Oz/t Ag* § Ma
Slide 12: JORC Exploration Targets
JORC EXPLORATION TARGETS For personal use only Ranges: 2.76Mt – 6.44Mt Exploration Targets @ 0.5%-1.5% Cu, 0.15-0.5 g/t Au, 0.31-0.52 Oz/t Ag* Potential mineralization deeper Target Depth Cutoff 12 Drill holes planned at target locations Drill holes planned at target Average planned drilling depth 1
Slide 13: Geophysics Identified Copper Anomalies
GEOPHYSICS IDENTIFIED COPPER ANOMALIES For personal use only AEROMAGNETIC SURVEYS § Mineral targets identified § Anomalies associated with copper defined § Magnetic intensity along the contact § Uranium radiometric show Copper mineralization § Tight zones of elevated uranium consistent with minerali
Slide 14: Geochemical Results Define Drill Target
GEOCHEMICAL RESULTS DEFINE DRILL TARGET For personal use only ROCK CHIP SAMPLES § Rock sampling confirms high-grade copper mineralisation present. § Elevated silver, molybdenum, tungsten, and gold § Copper as high as 21.24 % Cu off property and 6.51% Cu on Claims.* § Silver values up to 345 g/t Ag.*
Slide 15: Analysis and Interpretation
ANALYSIS AND INTERPRETATION For personal use only OPPORTUNITIES FOR DISCOVERY AT DEPTH § Soil sampling, rock sampling, mapping, and geophysics delineated several mineral potential zones § Zones implicate carbonate rafts with associated copper -bearing tactites • 12 drill sites § Potential buried car
Slide 16: Anderson Creek Gold Project
ANDERSON CREEK GOLD PROJECT For personal use only § Is in a highly prospective gold mineralization area north of Gibbonsville in Eastern Idaho § 107 Federal Load Mining claims § Surface and Minerals Control over 2,178 acres § Historic and recent selected Rock Chip Samples • In 2021 – 1.29g/t - 84.90
Slide 17: Anderson Creek Gold Project
ANDERSON CREEK GOLD PROJECT § Geological mapping of the project area includes: For personal use only • Numerous veins, quartz outcrops • A diabase dyke intrusion • Along with oxidized and mineralized breccia in the northern region. • Oxidized zones generally occur at depths less than 45 meters § D1
Slide 18: 2022 Work Program Completed
2022 WORK PROGRAM COMPLETED For personal use only GARNET CREEK ANDERSON CREEK AEROMAGNETIC SURVEYS COMPLETE AEROMAGNETIC SURVEYS COMPLETE • Identified mineralized areas • Defined new areas to expand project area • Defined new areas • Photogrammetry survey complete GEOCHEM SAMPLING PROGRAM COMPLETE G
Slide 19: Work Program
WORK PROGRAM For personal use only November December January February March April May June July August 2022 2022 2023 2023 2023 2023 2023 2023 2023 2023 GARNET CREEK JORC Exploration Report Drill Permit Final Submittal Permitting Process Permit Approval Process Supplier Engagement Exploration Progra
Slide 20: News Flow
NEWS FLOW For personal use only November December January February March April May June July August 2022 2022 2023 2023 2023 2023 2023 2023 2023 2023 GARNET CREEK JORC Exploration Targets Geochemical Sample Results Soil Samples Geological Interpretation Exploration Plans 2023 Drill Permit Approval E
Slide 21: Summary
SUMMARY For personal use only § US focused and US based exploration company § AVM is undervalued compared to peers § Garnet Creek Flagship Project “acquired” • High grade copper polymetallic project • JORC exploration targets • Potential at depth § Anderson Creek Gold Project “acquired” • High grade
Slide 22: Investor Relations / USA Operations
For personal use only INVESTOR RELATIONS USA OPERATIONS Keith Middleton – Director Dominic Hill – Chief Operating Officer Mobile : 0438 101 102 [email protected] [email protected] Sydney Office US Office Suite 706, Level 789 York Street 3026 Mockingbird Lane, #312 Sydney, NSW,
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