Advance Metals Limited · ASX:AVM
Advance Metals — Investor Presentation (June 2025)
27 slides from Advance Metals's investor presentation, Jun 5, 2025
Slide 1: Corporate Presentation: Targeting High Grade Gold in Victoria and High Grade Silver in Mexico
Newly Acquired Portfolio Presentation Newly Acquired Portfolio Presentation For personal use only Corporate Presentation: TARGETING HIGH GRADE GOLD IN VICTORIA AND HIGH GRADE SILVER IN MEXICO Investor Webinar – 5 June 2025 Image: Visible gold from Myrtleford Gold Project, Victoria Advance Metals Lim
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This presentation has been prepared by Advance Metals Limited (“Advance”, “AVM” or the "Company"). This COMPETENT PERSON For personal use only presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or The information
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only RESOURCE SIGNIFICANT GOLD & SILVER VICTORIA GOLD MEXICO SILVER GROWTH UNTAPPED EXPOSURE REGION GLOBAL LEADER POTENTIAL POTENTIAL Three high grade Victorian acquisition High grade global Mexico is the world's All three projects have projects provide strong
Slide 4: High Grade Myrtleford and Beaufort Gold Projects, Victoria
For personal use only HIGH GRADE MYRTLEFORD AND BEAUFORT GOLD PROJECTS, VICTORIA Advance Metals Limited (ASX:AVM) | Corporate Presentation | June 2025 | 4 Image: Myrtleford Gold Project in Victoria, Australia
Slide 5: High Grade Myrtleford & Beaufort Gold Projects
HIGH GRADE MYRTLEFORD & BEAUFORT GOLD PROJECTS AVM has secured the right to acquire an 80% interest in the Myrtleford and Beaufort Gold Projects against a backdrop of For personal use only record high gold prices Projects acquired from Serra Energy Metals, who has spent A$6 million on exploration, o
Slide 6: Myrtleford Project – Project Overview
MYRTLEFORD PROJECT – PROJECT OVERVIEW The Myrtleford Gold Project represents a district-scale opportunity in a Tier-1 jurisdiction, with its large land position, proven high grade mineralisation, For personal use only and limited modern exploration The Myrtleford Gold Project encompasses a 472km² hi
Slide 7: Myrtleford Project – Previous Drilling Results
MYRTLEFORD PROJECT – PREVIOUS DRILLING RESULTS • 13km-long trend of significant gold mineralisation known as the Happy Valley Trend at Myrtleford Table: Previous drilling intersections from the Happy Valley Prospect (ASX AVM 6 January 2025) For personal use only • Visible gold observed in numerous c
Slide 8: Myrtleford Project – AVM Initial Drilling
MYRTLEFORD PROJECT – AVM INITIAL DRILLING • High-impact initial diamond drilling program commenced in mid- February 2025 For personal use only • The program targeted multiple high-potential zones at Happy Valley and in the Twist Creek Trend at Myrtleford • High grade assay results received for all f
Slide 9: Myrtleford Project – Strong Results From First Drilling
MYRTLEFORD PROJECT – STRONG RESULTS FROM FIRST DRILLING For personal use only Figure: Composite image of a gold-bearing laminated quartz vein (left) from AMD003, with Figure: Composite core image from AMD003 highlighting individual grades within an interval that returned 7.5 close-up images highligh
Slide 10: Myrtleford Project – New Drilling Program Approved
MYRTLEFORD PROJECT – NEW DRILLING PROGRAM APPROVED For personal use only Figure: Plan of the southeastern portion of the Myrtleford Project highlighting previous and new rock chip sampling over the Happy Valley Trend along with proposed drilling along a six- kilometre portion of the trend (ASX AVM 2
Slide 11: Beaufort Project
BEAUFORT PROJECT For personal use only The Beaufort Gold Project within the Victorian Goldfields, ~145km west of Melbourne Setting analogous to numerous other significant gold deposits in Victoria (region produced an estimated 1.16Moz of alluvial gold) Strategically located near other world-class go
Slide 12: High Grade Yoquivo and Gavilanes Silver Projects, Mexico
For personal use only HIGH GRADE YOQUIVO AND GAVILANES SILVER PROJECTS, MEXICO Advance Metals Limited (ASX:AVM) | Corporate Presentation | June 2025 | 12 Image: Gavilanes Silver Project in Durango State, Mexico
Slide 13: Rationale for Silver in Mexico – Global Leading Producer
RATIONALE FOR SILVER IN MEXICO – GLOBAL LEADING PRODUCER Sierra Madre Silver production by country – 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 Yoquivo Silver Chile 1
Slide 14: AVM Building a Significant Mexico Silver Portfolio
AVM BUILDING A SIGNIFICANT MEXICO SILVER PORTFOLIO Following the acquisition of the Gavilanes Project, AVM’s Global Foreign Estimate will stand at nearly For personal use only 40 million ounces of silver-equivalent (AgEq*). Yoquivo Gavilanes Yoquivo AVM Acquisition October 2024 January 2025 Global F
Slide 15: Yoquivo Silver Project Overview
YOQUIVO SILVER PROJECT OVERVIEW Yoquivo Silver Project located 210km WSW of For personal use only the city of Chihuahua, Chihuahua State, Mexico Consists seven mining concessions totalling ~1,975 ha Lies within the Sierra Madre Volcanic Belt, the principal silver - gold mining metallogenic province
Slide 16: Previous Drilling at Yoquivo
PREVIOUS DRILLING AT YOQUIVO Figure: Mapped veins and previous drilling at the Yoquivo Project Golden Minerals reported bonanza grade drilling intercepts of silver and For personal use only gold in previous drilling campaigns (ASX AVM 28 October 2025), including: Hole ID Interval Au (g/t) Ag (g/t) F
Slide 17: Yoquivo – Drilling Underway
YOQUIVO – DRILLING UNDERWAY Figures: Sample logging and processing of AVM’s maiden For personal use only drill hole in Mexico (YQ-25- 001) Figure: Photograph of the drilling rig setting up to commence YQ-25-003 in May 2025 Advance Metals Limited (ASX:AVM) | Corporate Presentation | June 2025 | 17
Slide 18: High Priority Drill Targets at Yoquivo
HIGH PRIORITY DRILL TARGETS AT YOQUIVO For personal use only Figure: Schematic long section of the Pertenencia area at Yoquivo showing the existing drilling and Foreign Estimate outline Figure: Schematic cross section showing previous drilling and the outline of the along with AVM’s maiden drill hol
Slide 19: Gavilanes Silver Project Overview
GAVILANES SILVER PROJECT OVERVIEW Figure: Gavilanes Silver Project location Gavilanes Silver Project located in the San Dimas mining For personal use only district of Durango, Mexico Hosted in the Sierra Madre Volcanic Belt - the principal silver & gold mining province of Mexico Lies ~23 km northeas
Slide 20: Gavilanes Silver Project
GAVILANES SILVER PROJECT • 13,500 hectares with 11 mining concessions For personal use only • Three mineralised zones (Gavilanes, Central and Western zones) • Gavilanes Zone: 15km2 • Central and Western Zones not yet mapped in detail • The deposit remains open at depth, with indications of increasin
Slide 21: What's Next for AVM's Projects
WHAT’S NEXT FOR AVM’S PROJECTS For personal use only Myrtleford & Yoquivo Silver-Gold Gavilanes Silver Beaufort Gold Project, Mexico Project, Mexico Projects, Australia Approvals secured, initial Project due diligence being Approvals secured, initial ~3,000m drilling program finalised, design of fir
Slide 22: Corporate Information
For personal use only CORPORATE INFORMATION Advance Metals Limited (ASX:AVM) | Corporate Presentation | June 2025 | 22
Slide 23: Company Background
COMPANY BACKGROUND Corporate Overview Board and Management Company Advance Metals Limited Dr. Adam McKinnon, Managing Director and CEO For personal use only Adam is an experienced mining and geoscience professional with recent roles including Code AVM Managing Director at Magmatic Resources (ASX:MAG
Slide 24: Investor Queries
For personal use only Investor Queries Adam McKinnon Managing Director and CEO +61 (0) 411 028 958 [email protected] Unit 6, Level 1, 389 Oxford Street, Mt Hawthorn, WA, 6014 Advance Metals Limited (ASX:AVM) | Corporate Presentation | June 2025 | 24
Slide 25: Appendix A – Disclosure of Foreign Estimates
APPENDIX A – DISCLOSURE OF FOREIGN ESTIMATES Table 1: Yoquivo Project – Foreign Estimate1 as at February 2023 For personal use only Average Grade Contained Metal g/t AgEq Tonnage Class Cutoff (Kt) g/t AgEq2 g/t Ag g/t Au Moz AgEq Moz Ag koz Au Inferred 200 937 570 410 2.1 17.2 12.3 64 Table 2: Gavil
Slide 26: Appendix B - Overview of Recent Acquisitions
APPENDIX B - OVERVIEW OF RECENT ACQUISITIONS • Serra has spent A$6m on exploration on the Myrtleford and Beaufort Gold Projects including For personal use only significant drilling Advance has entered into a binding agreement with Serra Energy Metals • At the Myrtleford Project, 45 km strike length
Slide 27: Appendix C – Recent Acquisition Transaction Terms
APPENDIX C – RECENT ACQUISITION TRANSACTION TERMS High Grade Myrtleford and Beaufort Gold Projects1 High Grade Gavilanes Silver Project1 For personal use only Ownership interest • 80% Ownership interest • 100% • C$400,000: in AVM shares equal to 20-day VWAP • US$50,000: Cash Consideration of the AVM