Abrasilver Resource Corp. · TSX:ABRA
Abrasilver Resource — Technical Presentation (January 2023)
37 slides from Abrasilver Resource's technical presentation, January 2023
Slide 1: Analyst Site Visit Presentation - January 2023
www.abrasilver.com TSX-V: ABRA OTCQX: ABBRF Analyst Site Visit Presentation - January 2023
Slide 2: Disclaimers
Disclaimers This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regul
Slide 3: Agenda
Agenda Argentina Political & Macro Update Corporate Update Diablillos Update Pre-Feasibility Study CSR and Permitting La Coipita Update 3 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 3
Slide 4: Argentina Macro Update
Argentina Macro Update 4 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 4
Slide 5: 2023: Election Year in Argentina
2023: Election Year in Argentina 2023 Elections General elections scheduled Oct. 22nd to elect the president, members of the national congress and the governors of most provinces (including Salta) Incumbent president Alberto Fernández is eligible for a second term Primary elections to be held in Jun
Slide 6: Argentine Shortage of US Dollars
Argentine Shortage of US Dollars Argentine Need of USD Trade balance shortfall Pros and Cons: Need of investments in exportable goods projects/restrictions for the access to USD F/X Restrictions & Opportunities Export proceeds USD for imports/private debt/dividends Alternative ways for USD inbound/o
Slide 7: Evolution of spread CCL/Official US Dollars
Evolution of spread CCL/Official US Dollars 7 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 7
Slide 8: Corporate Update
PRE-FEASIBILITY STUDY Corporate UPDATEUPDATE 8 8
Slide 9: A Premier Silver & Gold Exploration Company
A Premier Silver & Gold Exploration Company Diablillos: An Advanced-Stage Open Pit Oxide Silver-Gold Project Oculto M&I Resource (1): 51.3Mt @ 66 g/t Ag and 0.79 g/t Au for 109 Moz Ag & 1.3 Moz Au New High-Grade, Near-Surface Silver Zone Now Being Drilled New high-grade discovery in JAC target, loca
Slide 10: Attractive Valuation Upside & Strong Shareholder Support
Attractive Valuation Upside & Strong Shareholder Support CAPITALIZATION (as of Jan. 3, 2023) TOP SHAREHOLDERS Shares issued 522M Eric Sprott 12% Warrants (average exercise price $0.27) 60M Management & Board 3% Options (average exercise price $0.20) 24M Institutional Investors ~30% Fully diluted sha
Slide 11: Significant Torque to Silver Prices
Significant Torque to Silver Prices Meaningfully outperformed both the Junior Silver Miners ETF (SILJ) and Junior Gold Miners ETF (GDXJ) while demonstrating considerable leverage to the silver price SHARE PRICE PERFORMANCE Source: Capital IQ; Eight Captial 11 Note: Volume based on TSXV:ABRA trading
Slide 12: Salta Ranked #1 for Investment Attractiveness
Salta Ranked #1 for Investment Attractiveness1 $US Billions in development projects surround Diablillos Salta = Home to some of the largest global mining companies: 12 (1) Based on 2020 Fraser Institute Mining Survey abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 12
Slide 13: Diablillos
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Slide 14: Mineral Resource Estimate (Oct. 31, 2022)
M&I Resource: +109M oz Ag & 1.3M oz Au Open Pit M&I Resources (Oct. 31 2022): +109Moz Silver & 1.3Moz Gold Including high-grade ‘Measured’ category contains: 19.3Mt @ 98 g/t Ag and 0.88 g/t Au Mineral Resource Estimate (Oct. 31, 2022) Full details of the Mineral Resources are available in a company
Slide 15: Large Scale, Near-Surface Mineralization at Oculto
Large Scale, Near-Surface Mineralization at Oculto US$5.1M Phase II drill program added 43Moz AgEq1 contained in the M&I Mineral Resource, representing an impressive cost of only US$0.12 per ounce AgEq added 1AgEq calculation includes Ag & Au values only based on formula: AgEq grade = Ag grade + Au
Slide 16: New High-Grade Ag Discovery Beyond Oculto Pit
New High-Grade Ag Discovery Beyond Oculto Pit Ongoing Phase III step-out drill program focused on exciting new discovery in Southwest zone (JAC Target), located +500m beyond conceptual Oculto pit boundary Key intercepts to date from JAC: Drill Hole1 Key intercepts Drill Hole1 Key intercepts Drill Ho
Slide 17: Large Geophysical Anomaly at JAC Target & Other Unexplored Targets
Large Geophysical Anomaly at JAC Target & Other Unexplored Targets 17 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 17
Slide 18: Current 15,000m Drill Program Focused on JAC Target
Current 15,000m Drill Program Focused on JAC Target 18 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 18
Slide 19: JAC Long Section
JAC Long Section Drilling on 25 and 50-meter spacing to provide M&I resources by end of Q1/23 Mineralisation beneath 50 meters of unconsolidated colluvium High grade silver also associated with copper in sulphide zone CROSS SECTION THROUGH THE JAC ZONE SHOWING WIDTH OF MINERALISATION JAC LONG
Slide 20: Visualization of Large-Scale JAC Target
Visualization of Large-Scale JAC Target 20 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 20
Slide 21: Several Exploration Targets Beyond JAC & Oculto
Several Exploration Targets Beyond JAC & Oculto Reduced to pole magnetic map of epithermal zone Satellite image – Kaolinite/Montmorillonite pattern with E-NE trend lines 21 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 21
Slide 22: Pre-Feasibility Study Update
PRE-FEASIBILITY STUDY UPDATE 22 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 22
Slide 23: Diablillos: From PEA to PFS
Diablillos: From PEA to PFS Substantial growth in M&I Resources at Oculto: 51.3Mt at 66g/t Ag and 0.79g/t Au for contained 109Moz Ag and 1.3Moz Au, a 22% increase in Ag and 29% increase in Aug This excludes any resources at the new JAC target, which will also be included in PFS 135% increase in tonn
Slide 24: From PEA to PFS
From PEA to PFS PEA BASELINE - PEA defined single Whittle pit. - Tank leaching process plant, 7.000 t/d throughput capacity. - Recoveries not comparable with PFS ones. Leaching time assumed at 24 hours. - Other process types dismissed as not being economic (i.e., Heap leaching). - Power generation b
Slide 25: Preliminary Project Facilities Plot Plan
Preliminary Project Facilities Plot Plan 25 25
Slide 26: Preliminary Project Facilities Plot Plan
Preliminary Project Facilities Plot Plan 26 26
Slide 27: Preliminary Camp Facilities Plot Plan
Preliminary Camp Facilities Plot Plan 27 27
Slide 28: Preliminary Service Hub Facilities Plot Plan
Preliminary Service Hub Facilities Plot Plan 28 28
Slide 29: CSR/Permitting
HIN SILVER CSR/PERMITTING
Slide 30: CSR / Social License / Environment
CSR / SOCIAL LICENSE / ENVIRONMENT CHAMBERS AND OTHER INSTITUTIONS: OUR POLICIES: Being aware of applicable environmental regulations and fulfill with all requirements established. Protecting the environment and safety of the people, preventing pollution, and promoting sustainable use of resources.
Slide 31: CSR / Social License / Environment
CSR / SOCIAL LICENSE / ENVIRONMENT CSR / SOCIAL LICENSE: Regular meetings with authorities and local communities: Pastos Grandes (Salta) - La Redonda (Catamarca) – Calingasta, Barreal, Tamberías (San Juan). Assisting in the development of community service providers. Working together with other comp
Slide 32: Diablillos Permitting
Diablillos Permitting EXPLORATION PERMITS: Exploration EIA approval (DIA) obtained in April 2022 (must be renewed every 2 years). Generator of hazardous waste. Municipal AUTHORIZATION of MINING camp for two years. Water permits for exploration. ENVIRONMENTAL AND SOCIAL BASE LINE (finished) ENVIRONME
Slide 33: La Coipita Project, San Juan Argentina
La Coipita Project, San Juan Argentina 33
Slide 34: La Coipita Situated In Middle of "Elephant Country"
La Coipita Situated In Middle of “Elephant Country” ABRA owns an option to acquire a 100% stake in a large +70,000 ha project in one of the world’s most endowed Cu-Au belts (e.g. Filo del Sol, Los Azules, Pelambres) 34 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 34
Slide 35: Cu-Au Porphyry Discovery
Cu-Au Porphyry Discovery Hole DDHC 22-002 intersected a continuous copper porphyry zone of 226m of 0.34% Cu, 0.07 g/t Au & 66 ppm Mo marking a new discovery on the La Coipita project o Mineralisation open at depth, as bottom of hole ended within a separate interval of 147m of 0.27% Cu & 75 ppm Mo do
Slide 36: La Coipita – Section
La Coipita – Section 36 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 36
Slide 37: To Find Out More, Contact
To Find Out More, Contact: John Miniotis – President & CEO [email protected] +1.416.306.8334 www.abrasilver.com
AbraSilver Resource — Technical Presentation (January 2023) on 6ix