Phoenix Copper Ltd. (united Kingdom) · LSE:PXC
Phoenix Copper Ltd. (united Kingdom) — Phoenix Copper — Investor Presentation (April 2023)
25 slides from Phoenix Copper Ltd. (united Kingdom)'s investor presentation, April 2023
Slide 1: Phoenix Copper Limited
Gy PHOENIX 2ax COPPER LIMITED AIM: PXC | OTCQX: PXCLY Focused on building a responsible mining operation in Idaho, USA to support the growing need for clean energy and infrastructure metals. April 2023
Slide 2: Disclaimer
DISCLAIMER This Presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it form the basis of or be relied on in connection with, or act as any inducement to enter into any contract or commitme
Slide 3: Emerging Clean Energy & Critical Metals Producer in Idaho, USA
EMERGING CLEAN ENERGY & CRITICAL METALS PRODUCER IN IDAHO, USA 3
Slide 4: ESG & Sustainability
ESG & SUSTAINABILITY Our commitment Phoenix Copper Limited is committed to being a leader in modern mining practices by making environmental stewardship, social responsibility, and transparent governance (ESG) the foundation of everything we do. In June 2021, we established an ESG & Sustainability C
Slide 5: ESG & Sustainability: Social Responsibility
ESG & SUSTAINABILITY Continued SOCIAL RESPONSIBILITY The operating plan proposes Additional student enrollment in the We will provide our own emergency to use a public road to access local school district will result in services on the mine site and will the mine site. However, additional state fund
Slide 6: ESG & Sustainability: Governance and Reclamation
ESG & SUSTAINABILITY Continued CORPORATE GOVERNANCE The Company will adhere to all federal, state, and local environmental, employment, and health and safety laws. Regular reviews of operational performance standards will occur over the life of the mine. In addition, the Company will further develop
Slide 7: Empire Mine Location
EMPIRE MINE LOCATION • Brownfield site 4 miles west of Mackay • Phoenix land package – 32.51 sq kms • Good access to existing infrastructure: • Power & Water • Accessible by road throughout the year • Close proximity to rail • Idaho is the fastest growing state in the US • Has a natural resource-bas
Slide 8: Corporate Overview
CORPORATE OVERVIEW Shareholders + 3% Phoenix Copper Limited (PXC) Hargreaves Lansdown (Nominees) 18.09% Martin Hughes 11.10% Market Cap* £29.2m/ $36.1m @ 22.25p Interactive Investor Services (Nominees) 9.07% Shares in Issue 122.68m Lawshare Nominees 5.96% Warrants 9.47m Barnard Nominees 5.06% Option
Slide 9: Development of the Empire Mine
DEVELOPMENT OF THE EMPIRE MINE Drilling History • 1901-1942: high grade underground mining – 6 to 8% copper head grade • 1962-2017: 287 holes drilled into Empire open pit • 2017-2021: Additional 158 holes completed, totalling 445 drill holes property wide Phoenix • June 2017: Phoenix IPO on AIM; acq
Slide 10: Empire Open Pit Mine - Growing NI 43-101 Compliant Resource
EMPIRE OPEN PIT MINE - GROWING NI 43-101 COMPLIANT RESOURCE Resource upgraded three times since April 2018 with in-situ value of M&I at $1.36bn and Inferred resource value of $616M NI 43-101 Measured & Indicated Resources After Annual Drilling Programmes 2018 - 2020 (by Hard Rock Consulting) Measure
Slide 11: Copper, Gold, Silver Tank Leach SX/EW Project
COPPER, GOLD, SILVER TANK LEACH SX/EW PROJECT 11
Slide 12: Environmental Permitting
ENVIRONMENTAL PERMITTING Empire Mine • Plan of Operations (PoO) submitted under 43 CFR 3809 to initiate the formal permitting process in June 2021. • The Plan of Operations is the culmination of 4 years extensive environmental baseline data collection and mine and process engineering. • Baseline stu
Slide 13: Project Status
PROJECT STATUS Empire Mine Current Position – Empire Open Pit Mine •Metallurgical testwork underway to determine whether Ammonium Thiosulphate (ATS) can recover copper on production scale o Favourable results in laboratory testing to date o Enable copper, gold & silver production from day 1, increas
Slide 14: Commitment to Being a Responsible Miner - ESG
COMMITMENT TO BEING A RESPONSIBLE MINER - ESG 14
Slide 15: Empire Ore System Initial Targets
EMPIRE ORE SYSTEM INITIAL TARGETS Empire Open Pit Mine Red Star & Horseshoe Complex • High grade silver and lead deposit • Open pit within 5.4km polymetallic strike • Maiden inferred sulphide resource of • Environmentally-friendly technology to produce gold and silver 173.4g/t silver, 3.85% lead, 0.
Slide 16: Land Holdings
LAND HOLDINGS Mining Claims of the Empire Ore System Claims totalling 32.51 km2 Patented Claims • Lead agency for permitting is the Idaho Department of Lands • Federal Government has passed title to Claimant making it private land • Owner has exclusive title to minerals and surface rights • Permitti
Slide 17: Cobalt Holdings in Idaho
COBALT HOLDINGS IN IDAHO Bighorn and Redcastle Claim Blocks BIGHORN REDCASTLE Claims along strike from Iron Creek Mine Earn-In Agreement with Electra Battery Materials (ELBM.V) on Redcastle EMPIRE MINE 17
Slide 18: Empire Sulphide Exploration
EMPIRE SULPHIDE EXPLORATION Empire Mine • 2021 drilling programme intercepted 8.38% copper • Potential world class silver/copper/gold/lead/zinc/tungsten orebody below the oxides and along a 5.4 km strike within the claim block • Molybdenum/tungsten porphyry target at depth Hole No Depth Intersect Cu
Slide 19: Phoenix Copper Investment Case
PHOENIX COPPER INVESTMENT CASE 19
Slide 20: Emerging Clean Energy & Critical Metals Producer in Idaho, USA
EMERGING CLEAN ENERGY & CRITICAL METALS PRODUCER IN IDAHO, USA Near-term production of Experienced First world mining Major mineralised copper, gold, and silver from management team location system open pit mine Commitment to sustainable Exceptional exploration Generating cash to build Exposure to a
Slide 21: Growing Demand for Copper
GROWING DEMAND FOR COPPER Copper supply will struggle to keep up with global demand The biggest copper producers have experienced a decline in output Global copper production and consumption, thousand tonnes, 2000-30 i anne ee heneemen neues Top 20 companies for copper production, percentage change
Slide 22: Executive Directors
EXECUTIVE DIRECTORS Marcus Edwards-Jones, Chairman has significant experience in global institutional capital raisings. MD of Lloyd Edwards-Jones S.A.S. a Paris and Dubai-based finance boutique specialising in selling equities to institutional clients and advising resources companies. Graduated from
Slide 23: Non-Executive Directors
NON-EXECUTIVE DIRECTORS Andre Cohen, NED is a highly experienced banker who has advised on significant fund raisings and international transportation, infrastructure and project financings. Economics graduate from Sydney and Yale. Jason Riley, NED of Phoenix and CEO of ExGen Resources (which holds a
Slide 24: Advisory Board and Project Management
ADVISORY BOARD Dennis Thomas is co- founder Phoenix Copper Limited. He has held senior management roles including CEO of Delta Pacific Mining plc and was a Non-Exec Director of Cariboo Gold, Gold, Ridge Resources, Rembrandt Gold Mines Limited and St Genevieve Resources. A graduate mining engineer fr
Slide 25: Contacts
CONTACTS Ryan McDermott Tel: +1 208 954 7039 Phoenix Copper Limited Brittany Lock Tel: +1 208 794 8033 Richard Wilkins Tel: +44 7590 216 657 SP Angel (Nominated Adviser) David Hignell / Kasia Brzozowska Tel: +44 20 3470 0470 Tavira Securities (Joint Broker) Jonathan Evans / Oliver Stansfield Tel: +4