AFTERMATH SILVER INVESTOR PRESENTATION
December 2019
Discovering silver. Defining value. www.aftermathsilver.com | TSX.V - - PowerPoint PPT Presentation
A FTERMATH S ILVER I NVESTOR P RESENTATION December 2019 TSX.V: AAG OTCQB: FLMZF Discovering silver. Defining value. www.aftermathsilver.com | TSX.V : AAG Important Information Cautionary Statement on Forward Looking Information This
December 2019
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Silver Focus 2 Advanced Projects Defined Resources
Cautionary Statement on Forward Looking Information 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 regulation or which would require any registration or licensing within such jurisdiction. This presentation does not constitute or form a part of, and should not be construed as an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of Aftermath Silver, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Certain information in this presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively "forward-looking statements"). All statements, other than statements of historical fact are forward looking statements. Forward-looking statements are based on the beliefs and expectations of Aftermath Silver as well as assumptions made by and information currently available to Aftermath Silver management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, all costs varying significantly from estimates, production rates varying from estimates, changes in metal markets, changes in equity markets, the proposed use of net proceeds from private placements, availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, ability to complete future drilling programs, drilling program results varying from expectations, delays in obtaining survey results, success of future development initiatives, the completion and implementation of a preliminary economic assessment, pre-feasibility or feasibility studies, competition, operating performance, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from local authorities, community relations, and other development and operating risks. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Although Aftermath Silver believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, Aftermath Silver disclaims any intent or obligation to update any forward- looking statement. Although Aftermath Silver has attempted to identify important risks, uncertainties and other factors that could cause actual performance, achievements, actions, events, results or conditions to differ materially from those expressed in or implied by the forward-looking information, there may be other risks, uncertainties and other factors that cause performance, achievements, actions, events, results or conditions to differ from those anticipated, estimated or intended. Unless otherwise indicated, forward-looking statements contained herein are as of the date hereof and Aftermath Silver disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable law. About Reserves and Resources This presentation uses the terms measured, indicated and inferred resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that: (a) mineral resources are not economic mineral reserves; (b) the economic viability of resources that are not mineral reserves has not been demonstrated; and (c) it should not be assumed that further work on the stated resources will lead to mineral reserves that can be mined economically. In addition, inferred resources are considered too geologically speculative to have any economic considerations applied to them. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher
Qualified Person Peter Voulgaris, MAIG, MAusIMM,, is a non-independent qualified person, as defined by NI 43-101. Mr. Voulgaris has reviewed the technical content of this Presentation and consents to the information provided in the form and context in which it appears.
www.aftermathsilver.com | TSX.V : AAG
Silver Focus 2 Advanced Projects Defined Resources
Build a silver company, expanding an existing silver resource base by advancing low-risk projects in established mining jurisdictions. Early monetization of assets for investors.
ü Acquire advanced silver assets with current or historic resources ü Focus on projects with nearby infrastructure ü Operate in high-ranking mining friendly jurisdictions such as Chile ü Target projects with exploration upside ü Use low-risk resource development drilling to add ounces
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Silver Focus 2 Advanced Projects Defined Resources
President, CEO, Director
Technical Advisor
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
As of November 7, 2019
Management & insiders 3.5% of issued. Eric Sprott: ±19% of issued Cash at hand approx. C$3m Cash value of warrants: C$4.1m
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Silver Focus 2 Advanced Projects Defined Resources
– view of historic processing on hill and workings on left and right – view of historic stoping into hill
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Silver Focus 2 Advanced Projects Defined Resources
ü political stability, ü security and ü skilled labour.
drive demographic, infrastructural and economic growth.
Most of Chile’s silver production is a by-product of copper mining.
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
1905 2018
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Silver Focus 2 Advanced Projects Defined Resources
Amended agreement dated October 24, 2019:
interest in the property for $1,575,000;
repayments of $250,000, $525,000 and $550,000 due 6, 12 and 18 months after closing;
Venture Exchange;
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Silver Focus 2 Advanced Projects Defined Resources
The Guanaco Gold Mine, 16km south of Cachinal
mine, 75km away
tpd processing plant become
2017, largely replacing heap leach. Total capital cost $18-18.5M
20m sub-levels, average thickness 3m
catchment and bore field Guanaco plant site. Map and picture from Austral Gold web site: https://www.australgold.com/
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
Location of Lolón shoot shown on previous slide ü Multiple veins, >3km strike length ü Excellent exploration upside ü Hanging wall potential above main Lolón vein
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Silver Focus 2 Advanced Projects Defined Resources
Amended Challacollo LOI, AAG to acquire 100%:
$2,750,000, and the balance in cash, as long as the number of Aftermath shares issued doesn’t represent more than 49% of AAG’s outstanding shares following such payment;
payable from and after the date on which 36,000,000 ounces of silver have been sold or credited to the account of Mandalay, up to a maximum amount of $5 million, with a $5 million buyout option.
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Silver Focus 2 Advanced Projects Defined Resources
Approximate base of weathering Along-strike oxide potential, under sand cover High grade shoot, sulphide potential, sulphide metallurgy to be confirmed Parallel high grade veins & low grade halo to be investigated over 2 Km of known Lolón Vein Strike
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Silver Focus 2 Advanced Projects Defined Resources
structures and low grade halo mineralisation.
leach (column leach) on low grade halo material.
minimum drilling
Hanging wall high grade narrow veins & bulk mining halo opportunity. NB: these are NOT part of the Lolón resource Footwall potential is less well
extend into footwall
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Silver Focus 2 Advanced Projects Defined Resources
rights for 12 l/sec held since 2005 at Tamentica community (10km west of property),
located on the “water concessions”. Goal is to transfer water rights to the water concessions bore.
the Challacollo Mountains rising towards around 1,550m ASL.
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Silver Focus 2 Advanced Projects Defined Resources
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Silver Focus 2 Advanced Projects Defined Resources
November 2019