Angel Wing Metals Inc · TSXV:AWM

Angel Wing Metals — Investor Presentation (January 2023)

24 slides from Angel Wing Metals's investor presentation, January 2023

  1. Slide 1: Precious Metals Exploration in World-Class Mining Districts

    Precious Metals Exploration in World-Class Mining Districts TSXV: AWM I Corporate Presentation January 2023

  2. Slide 2: Disclaimers

    Disclaimers FORWARD-LOOKING INFORMATION This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking inf

  3. Slide 3: Investment Highlights

    Angel Wing Metals Inc. INVESTMENT HIGHLIGHTS Established Mining Jurisdictions Mexico and Canada are both well-known and established with long MEXICO histories of discovery and foreign operations El Grande District Potential El Grande located in prolific Sierra Madre Occidental gold-silver belt Ontar

  4. Slide 4: El Grande Project – Why Mexico?

    El Grande Project– Why Mexico? NAYARIT, MEXICO Mexico • Rich history of mining • Well defined mining laws • Excellent infrastructure • Skilled and available labour • US$16.68B of minerals produced in 2021(1) • 1st in the world for silver production (196.7Moz produced in 2021)(2) • An experienced Mex

  5. Slide 5: El Grande Project Overview

    El Grande Project Overview PRECIOUS METAL ASSET • First time consolidation of district provides a first mover opportunity • 100% owned / Acquired in March 2022 • Located in Nayarit state of Mexico; - 250km north of Guadalajara - 145km south of Mazatlán • District scale property covering over 650 km2

  6. Slide 6: El Grande Project Location

    El Grande Project Location SIGNIFICANT EVIDENCE OF GOLD AND SILVER MINERALIZATION A dominant controlling land position on an unexplored part of the SMO On trend with major precious metal mines, development projects and recent discoveries • Panuco (Vizsla Silver Corp), • San Dimas (Wheaton Precious M

  7. Slide 7: El Grande Project Overview

    El Grande Project Overview PRECIOUS METALS ASSET • 7 high priority targets identified through 2022 field work • A 45 x 10 km structural corridor of alteration (open) • Hundreds of past producing artisanal mines for alluvial gold and shallow underground workings • Includes gold and silver mineral occ

  8. Slide 8: El Grande Project Exploration

    El Grande Project Exploration 2022 PLANNED WORK PROGRAM Program Execution Target definition consisting of: • Geological mapping and sampling • Geochemical analysis of soils • PIMA • LIDAR • Structural analysis • Geophysics (ground and airborne) • Drill ready 3000m early-stage drill program • Applica

  9. Slide 9: El Grande Project Key Prospects

    El Grande Project Key Prospects SIGNIFICANT EVIDENCE OF GOLD AND SILVER MINERALIZATION Hosts a collection of under-explored mineral occurrences representing a wide range of potential deposit types. Bulk tonnage, epithermal-style oxide gold occurrences: • La Presa • Gallo de Oro • Monterrey • El Polo

  10. Slide 10: El Grande Project – Surface Access

    El Grande Project SURFACE ACCESS • Access letters signed with local communities • Agreements in place for exploration, road building, water and drilling • Excellent community partnering • Committed to corporate ESG policy View east across the El Tule Laguna shows topography. TSXV:AWM I www.angelwing

  11. Slide 11: El Grande Project – Community Outreach

    El Grande Project COMMUNITY OUTREACH ESG is a big part of who we are as a company and Hurricane Roslyn put us to the test. Many communities were cut off from power and access roads were destroyed. Our team stepped up by providing assistance where it was most urgent, hiring locals to help the communi

  12. Slide 12: Red Lake Mining District

    Red Lake Mining District The Red Lake Mining District is renowned for having one of the highest gold endowments in the world District has 30M oz historic gold production(3) Well-established district with production since the mid-1930’s Exciting new deposits being found and developed Angel Wing Metal

  13. Slide 13: Quartz Lake Project

    Quartz Lake Project STRATEGIC ASSET LOCATED NEAR RECENT DISCOVERIES • Early-stage exploration project • Includes 6 concessions covering 11,280 ha • Located 80 km northeast of prolific Red Lake District • Benefits from significant infrastructure of region • 29 mineral showings identified by the Ontar

  14. Slide 14: Quartz Lake’s Strategic Location

    Quartz Lake’s Strategic Location ADJACENT TO SIGNIFICANT DISCOVERIES From 2020 to date, Prosper Gold has reported numerous samples with abundant, pristine, gold grains and high-counts per sample. Prosper Gold’s exploration results shows: • A 3,000 m x 500 m corridor of gold-in-till samples that tren

  15. Slide 15: Leadership

    Leadership Management Board Advisors Bryan Wilson Marc Sontrop CFA, MBA Cal Everett President, CEO & Director Independent Director Advisor to the Board • Over 37 years of experience in the mining exploration and • President and CCO of Interward Asset Management • A geologist with more than 14 years

  16. Slide 16: Capital Structure

    Capital Structure WELL-CAPITALIZED WITH STRONG SHAREHOLDER SUPPORT OWNERSHIP STRUCTURE Share Price CAD$0.10 Shares Outstanding 110.9M 9% 16% Cash and Short-Term Investments CAD$3.5M As at September 30, 2022 Institutional Market Capital CAD$11.1M Retail Outstanding Warrants ($0.40) 14.3M Insiders * O

  17. Slide 17: Investment Opportunity

    Investment Opportunity ANGEL WING METALS Operating in well-known and established mining jurisdictions District potential: assets located in prolific Sierra Madre Occidental Belt, Red Lake and Lingman Lake Districts Exploration upside with diversified portfolio of under- explored assets Experienced m

  18. Slide 18: Appendix

    APPENDIX TSXV: AWM

  19. Slide 19: Comparable Precious Metal Explorers

    APPENDIX Comparable Precious Metal Explorers $300.0 MEXICO AND CANADIAN EXPLORERS $250.0 $200.0 Can-Mex Explorers Market Cap (C$M) $150.0 $100.0 Average: $88.4 $50.0 $0.0 Viszla Prime Guanajuato Zacatecas Silver Southern Kootenay Golden Sierra Defiance Reyna GR Capitan Pacton Angel Wing ALX Silver M

  20. Slide 20: Comparable Mexican Precious Metal Explorers

    APPENDIX Comparable Mexican Precious Metal Explorers Mexican Au-Ag Company - Pre/Post 'Discovery' Drill Results $700M 'DISCOVERY' DRILL RESULTS GGD (June 2020): intersects 11m of 424 g/t AgEq...18.4m of 889g/t AgEq $600M VZLA (June 2020): intersects 8.2m of 1,544 g/t AgEq GGD, $558M Resources expans

  21. Slide 21: Comparable Mexican Precious Metal Companies

    APPENDIX Comparable Mexican Precious Metal Companies Mexican Au-Ag Company Market Cap vs Phase of Development $300M RECENT EQUITY FINANCINGS VZLA: completed a C$35M (upsized) equity raise in Nov 2022 (half warrant) PRYM completed a C$18M (upsized) equity raise in Dec 2022 (full warrant) ZAC: complet

  22. Slide 22: El Tule Lagoon Prospect – Aztlan B Claim

    APPENDIX El Tule Lagoon Prospect – Aztlan B Claim TSXV:AWM I www.angelwingmetals.com 22

  23. Slide 23: El Tule Graben

    APPENDIX El Tule Graben BRECCIATION STYLES Examples of various styles of brecciation in the regional country rock and mineralization within the El Tule Graben TSXV:AWM I www.angelwingmetals.com 23

  24. Slide 24: Contact

    82 Richmond Street East, Suite 1000 Bryan Wilson Toronto, ON M5C 1P1 President, CEO & Director Canada E: [email protected] @angelwingmetals Katherine Pryde Investor Relations @Angel Wing Metals Inc. E: [email protected]

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