Imperial Metals Corporation · TSX:III
Imperial Metals — Shareholder Meeting (May 2024)
21 slides from Imperial Metals's shareholder meeting presentation, May 22, 2024
Slide 1: Imperial Corporate Presentation May 22, 2024
Imperial IN Metals Imperial | Corporate Presentation May 22, 2024
Slide 2: Cautionary Note | Forward-Looking Information
NU Hiatal Cautionary Note | Forward-Looking Information ANNA Metals Certain statements in this presentation may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking statements relate to future events or future performance and include, but are not lim
Slide 3: Mount Polley | Cariboo and Springer Pits 2022-2023
; ; ; Imperial Mount Polley | Cariboo and Springer Pits INN Metals 2022 2023
Slide 4: Cariboo and Springer Pits Merged 2023-2024
; ; ; Imperial Mount Polley | Cariboo and Springer Pits Merged IN Metals 2023 2024 =
Slide 5: Started Dry Stacking Tailings — May 2023
Imperial Mount Polley | Started Dry Stacking Tailings — May 2023 IN Metals
Slide 6: Last Load of Dry Tailings — May 2024
. Imperial Mount Polley | Last Load of Dry Tailings — May 2024 IN Metals
Slide 7: Plan View: Springer Pit Air Photo
| ial Mount Polley | Plan View: Springer Pit Air Photo N Aaeealel ae7,
Slide 8: Springer Pit Cross Section
Imperial Mount Polley | Springer Pit Cross Section INN Metals Section 3300N Mining since Nov. 2021 ,-” ‘x fe Cariboo Pit # ‘Se (Completed) ailings (removal completed)
Slide 9: Springer Pit Exploration 2024
; ; ; Imperial Mount Polley | Springer Pit Exploration 2024 IN Metals (Looking South) Springer Pit: (Looking North)
Slide 10: Exploration 2024: Section 3230N
Imperial Mount Polley | Exploration 2024: Section 3230N IN Metals Springer Pit Exploration Drilling 2024 Section 3230N +25m Cariboo Pit (Completed) _ 1000 — 900 - SD-24-179 Highlights 1) 0.47% Cu, 0.39g/t Au over 470m 2) Incl. 0.65% Cu, 0.48g/t Au over 270m SD-24-180 Highlights 3) 0.71% Cu, 0.39g/t
Slide 11: Production
Mount Polley | Production Imperial IN Metals Q1 2024 2023 2022 Ore milled - tonnes 1,671,505 5,948,239 2,068,830 Ore milled per calendar day - tonnes 18,368 16,297 11,244 Grade % - copper 0.251 0.287 0.214 Grade g/t - gold 0.282 0.311 0.306 Recovery % - copper 79.4 80.0 63.5 Recovery % - gold 66.0 7
Slide 12: Red Chris | Production
Red Chris | Production Imperial IN Metals Q1 2024 2023 2022 Ore milled - tonnes 2,100,354 9,266,769 9,457,303 Ore milled per calendar day - tonnes 23,081 25,388 25,910 Grade % - copper 0.43 0.356 0.421 Grade g/t - gold 0.26 0.295 0.382 Recovery % - copper 83.4 73.5 77.0 Recovery % - gold 53.6 52.4 5
Slide 13: Red Chris | Long Section with Exploration Targets
Red Chris | Long Section with Exploration Targets Gully Zone Main Zone East Zone East Ridge +1000 mR ak. LEGEND O Brownfields Drill Targets oO (i! Open Pit Resource Area (1) Underground Resource Area C1 East Ridge Exploration Target 750m Au ppm {F i i ie . hi i Lowercase of 170Mt @ 0.5g/t Au & 0.5%
Slide 14: Red Chris | East Ridge Section
Red Chris | East Ridge Section SE [+1500 v9 & ge € aa . Y Aaa JN I Foe oe wae YY / \ \ pat a RCT r 039 MLDDIN Cs Le Eno ‘ 7 Ge 000 ROTIB 190m @ 0.265) Au 0.494 Cu trom <1 534m, inc 23m @ O57e/t AG 0.74% Cu from 732m C705 254m @ tok Aus 119% Cu from Tim, in 122m @ 1 agit Au & 1.3% Gu fem 7a4m, me. 58
Slide 15: Red Chris | Oblique Schematic Section
Red Chris | Oblique Schematic Section X Nagha (EastZone) Decline approximately 4km —_—_ complete by December 2023 Au Mineralisation Grade Shells MO o3sgt ME 1.004 Cu Mineralisation Grade Shells based on Exploration Target Scenarios'® — 03% — 10% Oblique schematic section view of the Red Chris porphy
Slide 16: Red Chris | East Zone Block Cave 2021 Prefeasibility Study
Red Chris | East Zone Block Cave 2021 Prefeasibility Study Some key results from the 2021 Prefeasibility Study are noted below: * — Life of mine annual production of 158 koz Au and 48kt copper * Average all in Sustaining Costs of C$180/oz * Total estimated capital of $2.6 Billion (Macro Blocks 1,2,3
Slide 17: Red Chris | Advanced Development
Red Chris | Advanced Development Imperial IN Metals CON-1620-BYP-01 CON-CVD-01-INC NGH-DEC-01 CVD-03-INC CVD-03-DEC CONVEYOR BOXCUT CON-CVO-01-INC ae CONVEYOR BOXCUT & CvD-01-DEC | CVD-02-DEC Completed Development March 2024 April 2024 May 2024 17
Slide 18: Huckleberry | 2023 Whiting Creek Exploration
Huckleberry | 2023 Whiting Creek Exploration d [- Whiting Creek Area cfonny F write 7 aseree: soes08 s s3e827 \ | sere ‘39004 | S3a808 \ est sir Ysa by oi i ord Ss oa 7 us Ae i e 5 oie wae ma rnind % rn jal ye AA Meron Letom AAME HUCKLEBERRY MINES LTO. ‘Ones neg Onn FF Imperial IN Metals Huckleberry
Slide 19: Huckleberry Creek Zone drilling results
8957500 5958500 \ + SiN = PET: Rusty Z } Nes Peo) NCEE CW-23-03B; 162.5m of 0.33% Cu, 0.009% Mo, and 1.64 g/t Ag. == 'WC2016-02: 222.5m of 0.309% Cu, 0.017% Mo, and 1.18 g/t Ag ¥ 5957000 (CW-23-018: 316.8m of 0.23% |_| Cu, 0.008% Mo, and 0.89 g/t Ag. |_- + ES /—€reek Zone. ~ SOA | ‘doozs68 onegsE ‘o
Slide 20: Investments in Red Chris Block Cave and Restarting Mount Polley
Imperial | Investments in Red Chris Block Cave and PNG esti Restarting Mount Polley Investments at Red Chris and Mount * Debt taken on since $ 269.8 million Polley $300,000,000.00 * Total Block Cave, Minesite Exploration and Mount Polley Restart costs $257.9 million * Total at Red Chris $179.5 milli
Slide 21: Questions
Imperial IN Metals Imperial | Corporate Presentation Questions