The document discusses the energy revolution led by electric vehicles (EVs) and the pivotal role of copper in this transition. It highlights Tesla's achievements in the EV market and projects significant growth in demand for copper due to the increasing adoption of electric cars. Additionally, it notes potential supply challenges for copper, emphasizing the need for substantial investment in mining to meet future demand.

1. Back Into The Future
Tesla Energy rEVolution: Red Metal Goes Green.
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2. Legal Disclaimer
All information about McEwen Mining and International
Lithium is presented from publicly available data.
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3. Legal Disclaimer For The US
Please read legal disclaimers. There is no investment advice in this
presentation. Always consult your qualified financial adviser.
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4. Energy rEVolution
The World Just Before The INTERNET
“Maximum Plaid” of Tesla Roadster: Elon Musk has
demonstrated the potential of Electric Cars.
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5. Tesla Model 3
Before we had the best Electric Cars and affordable EVs. Now
we have the first best and more affordable Electric Car.
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6. Tesla’s Unfathomable Launch
Elon Musk promised to ramp up Model 3 to 10k a week
and build 500k of all models in 2018.
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7. Tesla In 2018
Tesla becomes “Real Car Company”
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8. Tesla Ramping Up
Elon Musk predicts that adding the cheaper Model 3 will
boost sales this year.
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9. China’s Electric Car Surge
China’s share of electric-vehicles sales has grown
exponentially in just a few years.
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10. China’s Hunger For Copper
China’s Copper Raw Material Imports: 2008 – 2019.
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11. Tesla Ahead Of The Curve
Catalyst: Elon Musk talks about cost below $100/kWh for
lithium cells in 2019 and for battery packs by 2020.
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12. Tesla Energy rEVolution
Electric Cars are coming faster than a lot of people are
anticipating it.
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13. EV Mass Adoption
EV outlooks are changing towards mass adoption.
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14. The End of The ICE Age &
OIL Domination
For centuries we have been burning things just to get some energy.
It has been mostly OIL for the last 100 years.
Not Any More.
We do not have to burn things.
Electricity is the most efficient form of Energy known to humans.
And now we can Store It and USE IT When We Want.
Cheap Lithium Batteries Change Everything.
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15. China’s State Grid Is
Getting Ready For 100
Million Electric Cars By
2030
Can We Reach 200 Million EVs Globally By That Time?
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16. Tesla Comes To China
Shanghai welcomes Elon Musk and Tesla Gigafactory 3.
Transfer of technology is unavoidable.
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17. My 20/200 Formula
The Switch: we are getting there - mass market for EVs
USD$20k buys you BMW 2 style EV with 200 miles range.
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18. Green Energy: Clean Equals Cheap
Catalyst: Solar and Wind Energy becomes cheaper than
coal and gas.
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19. Renewable Energy
Renewable energy projected to account for three
quarters of global power generation by 2050.
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20. A Golden Age For Copper
With the rise of EVs, copper demand will follow suit.
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21. Copper Drives Electric Vehicles
Copper Development Association Inc.
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22. The Switch:
Millions Are Switching To EVs
Each EV demands 3 times more Copper than ICE car.
Every Electric Car has 6 km of copper wires.
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23. Copper EVs Demand
An increasing amount of copper will be required to
power Tesla rEVolution.
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24. The Switch: Energy Transition
43% potential increase in copper demand by 2035.
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25. Copper Is Essential To EV Technology
Copper Development Association Inc.
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26. Copper Is Needed For EVs & All
Charging Infrastructure
Copper Development Association Inc.
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27. EVs & Copper Demand
EVs are expected to drive copper demand.
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28. Copper Big Picture
Over the next 26 years the world is going to mine more
copper that what has been mined in all history.
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29. Copper Fundamentals
Glencore: Resilient demand across commodities is a
continuation of a long term trend.
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30. Copper Supply Gap
Without copper projects supply gap will exceed 15Mt
by 2035.
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31. New Supply Vacuum
Major copper mines starting in 2014-2019.
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32. Copper Production Peaks In 2022
Planned copper projects will not meet demand.
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33. “Severe Deficit”
Goldman sees “severe deficit” for copper starting
in 2023.
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34. Copper Exploration Has Been
Increasingly Unsuccessful
Glencore: Copper mine project pipeline has more than
halved.
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35. Copper Discoveries
Exploration budgets are going down and major copper
discoveries are far and few between.
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36. Have We Found Everything?
The future of copper mining means grades
below 0.5% Cu Eq.
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37. Copper Head Grade
Industry head grade is going lower.
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38. $6 Trillion Investment In EVs
Fast roll out of infrastructure for EVs will require stable
supply of copper.
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39. Commitments To EVs
There is a huge disconnect between billons $$$ invested in
electric cars and capital invested in mining.
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40. Copper Projects NPV & IRR
RFC Ambrian: Projects in the development pipeline are
highly sensitive to copper price.
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41. Projects Delayed
Most of new large mining projects and expansions
delayed beyond 2023.
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42. Price Shocks Are Imminent
Much higher prices for copper needed to put new
mines in production.
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43. Copper Inventories
Glencore: Copper inventories are significantly reduced.
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44. Commodity Stock Index
Commodity stocks undervalued.
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45. Los Azules Copper
McEwen Mining: “Los Azules – Our Sleeping Giant"
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46. The Green Energy Metals
Royalty & Gold
TNR Gold Corp.
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47. GEM Royalty Co.
TNR Gold Corp. (TSXV: TNR)
Becoming The Green Energy Metals Royalty Company.
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48. TNR Gold Corp. Global Assets
TNR Gold Corp. current holdings.
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49. Argentina G20 Meeting
Argentina is back in business.
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50. Argentina Is Back To Business
Argentina and Chile signed the protocol aimed at the
development of Los Azules Copper project.
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51. Assets – Los Azules Copper,
San Juan, Argentina
Andean Cordillera – Home to Major Copper Mines.
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52. Los Azules Copper Resource
Los Azules ranks as one of the top 2 or 3 world class
deposits that are “for sale”.
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53. Los Azules Copper Resource
Los Azules Copper resource contains 10.2B lb. indicated
and 19.3B lb. inferred resources.
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54. Los Azules Copper
Preliminary Economic Assessment
McEwen Mining Preliminary Economic Assessment’s
Highlights.
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55. Los Azules Copper
Undiscounted NSR $35.2B
McEwen Mining PEA: Commodity Price Assumptions.
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56. Los Azules Copper
Potential Value of TNR Gold’s NSR Royalty
TNR Gold holds a 0.36% NSR Royalty on the entire
Los Azules Copper project with McEwen Mining.
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57. Los Azules PEA
Los Azules projected cost of Copper production.
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58. Los Azules PEA
Los Azules can become 26th largest Copper mine
in the world.
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59. Los Azules Summary
Value-adding will continue for Los Azules
in 2019 and 2020.
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60. Los Azules Copper
McEwen Mining: Los Azules – big optionality to copper
price.
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61. Copper Transactions
McEwen Mining: Benchmarking Los Azules Intrinsic
value.
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62. Largest Copper Projects
RFC Ambrian: 19 largest copper projects reserves and
resources.
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63. The Largest Copper Projects For JVs
RFC Ambrian: 21 largest copper projects that may
require 3rd party.
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64. The Largest Copper Projects For JVs
RFC Ambrian: Copper projects >5Mt which may require
3rd parties.
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65. GEM Royalty Co. - TNR Gold Corp.
• Becoming The Green Energy Metals Royalty Co.
• Assets with major companies as Operators.
• Green Energy Metals: Copper and Lithium.
• TNR holds NSR Royalty on Los Azules Copper.
• TNR holds NSR Royalty on Mariana Lithium.
• TNR holds 90% stake in Shotgun Gold, Alaska.
• TNR Gold presentations on www.tnrgoldcorp.com
• All Information is available on www.sedar.com
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66. Thank you!
Energy rEVolution.
The World Just Before The INTERNET.
Follow @KirillKlip
Visit www.kirillklip.blogspot.com
Contact k.klip@btinternet.com
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