+ All Categories
Home > Documents > Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an...

Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an...

Date post: 03-Jul-2020
Category:
Upload: others
View: 2 times
Download: 0 times
Share this document with a friend
18
Advancing the Historic Temple Mountain Vanadium Project in the USA March 2019 CSE:ABC | OTCQB:FDVXF | Frankfurt:A2PD0G
Transcript
Page 1: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Advancing the Historic Temple Mountain Vanadium Project in

the USA

March 2019

CSE:ABC | OTCQB:FDVXF | Frankfurt:A2PD0G

Page 2: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

This presentation includes certain statements that may be deemed to be forward-looking. All statements in this presentation, other than

statements of historical facts, that address events or developments that the Company expects, are forward-looking statements. Although

the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-

looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include availability

of capital and financing, commodity prices, and general economic, market or business conditions. Readers are cautioned that actual results

or developments may differ materially from those projected in the forward-looking statements.

Neither the Canadian Securities Exchange (CSE or CNSX Markets Inc), nor its Regulation Services Provider (as that term is defined in policies

of the CSE) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements

based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks

and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements,

including the implementation of the arrangement as described in the circular which depends on various factors and implementation by the

Company’s board of directors. The company disclaims any intention or obligation to revise or update such forward-looking statements

unless required by applicable laws.

John Walther, P.Geo., a Director of American Battery Metals Corp., is the Qualified Person for the purposes of NI 43-101 and has approved

this written disclosure.

Cautionary Note

Page 3: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Two projects with exposure to the battery metals sector: vanadium and lithium

Both projects located in mining friendly jurisdictions within the USA

Temple Mountain Vanadium Project will see it’s first modern exploration program in Q1/19 which is to include drilling and geophysics

Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic structures that are host to ioneer’s Rhyolite Ridge project. Rhyolite Ridge is host to a 4.1 million tonne lithium carbonate resource with a Pre-Feasibility Study demonstrating a long-life, high-margin production profile1.

Why American Battery Metals?

1 Source: Paradigm Minerals USA Corp Rhyolite Ridge Lithium Project Pre-Feasibility Study dated 22 October 2018

Page 4: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

100% Reusable, Vanadium Plays a Key Role in the Green Energy

Revolution.

Page 5: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Declared a critical mineral by the US Government given it is essential to steel production and emerging energy storage markets

Vanadium is primarily used as a strengthening agent for steel and large-scale energy storage

Vanadium plays a key role in the green energy revolution and is 100% reusable

Charged with potential

Page 6: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Vanadium is the Best Material for Sustainable Energy Storage.

January 2019

Page 7: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Vanadium Advantages

Unlimited life cycle

Ready state maintained for long periods

Simultaneous charge and discharge

Extremely scalable

Rapid release of large amounts of electricity

Safe & non-flammable

Page 8: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Cap

acit

y

VanadiumSteady Flow Battery

Cycles / Time

Lithium Battery Decay

Vanadium Outperforms Lithium

Page 9: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Energy Storage Applications

MICROGRIDS

WIND & SOLAR

OFF-GRID POWER SUPPLY

UNINTERRUPTIBLE POWER SUPPLY (UPS)

LOAD LEVELING

PEAK SHAVING

Page 10: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

China: World’s Largest Vanadium Battery

Global vanadium batteries

in operation or

construction total 256 MW

Carribean

Canada

China

Europe

Japan

USA

Other

Page 11: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Temple Mountain

Page 12: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Location & InfrastructureLocated in Emery County, Utah, USA

Comprised of 52 contiguous lode mining claims covering 1,074 acres (~435 hectares)

The claim group has a north-south extension of 3.2 km and a east-west extension of 1.8 km

Located 35 km north of Hanksville, Utah and accessible via State Route 24

Located ~250 km from Energy Fuel’s (NYSE:UUUU, TSX:EFR) White Mesa Mill, which recently restarted vanadium production (c.f. January 7th, 2019 Press Release)

Due to uranium exploration during WWII, Emery County was central to the Manhattan Project

Temple Mountain

Page 13: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

History

Mineralization first discovered in 1898 with intermittent historical mining from 1914 through 1978

Historical assays of up to 4.97% vanadium oxide (V2O5) and uranium (U3O8) of up to 1.85%.

Mineralization occurs in pockets or restricted lenses of high-grade ore (c.f. USGS, 1965)

Numerous historical mine workings

Temple Mountain

Page 14: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Work Program

Exploration program being permitted and scheduled to commence in Q1/19

Program to encompass 3,000 ft of reverse circulation drilling in 10 holes plus geophysical surveying, sampling and trenching

Represents the first modern exploration since artisanal mining in the late 1970’s

Temple Mountain

Page 15: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Vanadium Project ComparablesTicker Company

Market Cap

(C$M) Project

TSX:LGO Largo Resources Ltd. 1,185.1 Vanadio de Maracas Menchen, Brazil

AIM:BMN Bushveld Minerals Limited 754.6 Vametco & Uitvalgrond Portion 3 Projects, South Africa

TSX:EFR Energy Fuels Inc. 346.9 Various Operations in USA

SEHK:3833 Xinjiang Xinxin Mining Industry Co., Ltd. 294.7 Mujia River, China

ASX:FMS Flinders Mines Limited 115.4 Canegrass, Australia

ASX:TNG TNG Limited 87.5 Mount Peake, Australia

TSXV:AU Aurion Resources Ltd. 82.6 Silasselka, Finland

TSX:NEXT NextSource Materials Inc. 49.1 Green Giant, Madagascar

ASX:AVL Australian Vanadium Limited 39.2 Gabanintha, Australia

ASX:KRR King River Resources Limited 34.0 Speewah Dome, Australia

TSXV:FVAN First Vanadium Corp. 28.8 Carlin, USA

TSX:PCY Prophecy Development Corp. 22.9 Gibellini, USA

CSE:ABC American Battery Metals Corp. 6.9 Temple Mountain, USA

Sourced on March 11, 2019

Page 16: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Management

Michael Mulberry – President & CEO

Mr. Mulberry has been a Geo-Tech contractor with GeoMinEx Consultants, a private geological consulting firm, since February 2009. Mr. Mulberry has been associated with the mineral exploration and public investment community since the 1990’s. Mr. Mulberry has been a director and/or officer of a number of publicly listed companies including Secova Metals Corp., Westkam Gold Corp. (formerly, Encore Renaissance Resources Corp.) and World Organics Inc. and is currently the Chief Financial Officer of Zanzibar Gold Corp. and a director of True Zone Resources Inc. Mr. Mulberry holds a Bachelor of Social Science from the University of Western Ontario and successfully started his own insurance company in the late 1990's and early 2000’s.

Joel Leonard – CFO

Mr. Joel Leonard is the founding Partner of JCL Partners Chartered Professional Accountants located in Vancouver, BC. Joel has acted as a consultant for various public reporting entities since January of 2016, specializing in financial reporting, audit, and internal control implementation.

Page 17: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Directors

John Walther

Mr. Walther completed his Bachelor of Science at Memorial University in Newfoundland in October 2004 and is a professional geologist with the Engineers and Geoscientists British Columbia. He has been working as a project geologist with GeoMinEx Consultants, a private geological consulting firm, since July 2007. Previously, from March 2012 to May 2015, Mr. Walther was a director of Nanton Nickel Corp. (now Eyecarrot Innovations Corp.), a TSX Venture Exchange listed issuer.

Jordon Carroll

Mr. Carroll is the Chairman of IBEW Local 993 (International Brotherhood of Electrical Workers), having held this position since 2014, and was previously an Executive Board Member from 2011 through 2014. Mr. Carroll is a Red Seal Electrician and obtained his qualification from Thomson Rivers University in 2011. Mr. Carroll has worked on several mine sites, including Thompson Creek Metal’s Endako mine, Teck’s Highland Valley Copper mine, and was part of the mineral processing team during Rio Tinto’s Alcan smelter commissioning and start-up. Mr. Carroll is also a former placer miner and holds a BC Freeminer certification.

Page 18: Advancing the Historic Temple Mountain Vanadium Project in ... · Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic ... Vanadium plays a

Capital Structure

-

0.30

0.60

0.90

1.20

-

0.10

0.20

0.30

0.40

0.50

19-Dec-18 26-Dec-18 2-Jan-19 9-Jan-19 16-Jan-19 23-Jan-19 30-Jan-19 6-Feb-19 13-Feb-19 20-Feb-19

Vo

lum

e (

M)

Sh

are

Pri

ce (

C$)

Volume Price

Shares (M) C$(M)

Basic Shares Outstanding 22.94 Current Cash 1.70

Options 0.70 ITM Warrants & Options 1.40

0.7M at C$0.20 exp in 4.8 yrs Total Cash & Potential Proceeds 1.65

Warrants 18.74

18.7M at C$0.24 exp in 1.6 yrs

Fully Diluted 42.38


Recommended