Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Building High-Grade, Near-Surface Precious Metals Summit 2022
18 slides from Freeman Gold's conference presentation, September 2022
Slide 1: Building High-Grade, Near-Surface Oxide Gold Ounces in Idaho
SEPTEMBER 13-16 2022 BUILDING HIGH-GRADE, NEAR-SURFACE PRECIOUS METALS SUMMIT [TSX-V: FMAN, FWB: 3WU, OTC: FMANF] OXIDE GOLD OUNCES IN IDAHO INVESTOR DECK2019
Slide 2: Disclaimer
Disclaimer This corporate presentation and the information contained herein (the “Presentation”) is confidential proprietary and for authorized use only. It is being provided for the use of prospective investors solely for such investors’ confidential use, with the express understanding that, without
Slide 3: Investment Highlights Lemhi Gold Project
Investment Highlights Lemhi Gold Project Idaho, USA • Maiden NI43-101 compliant mineral resource estimate (July 8 , 2021) defining high grade, th oxide, near surface gold deposit open in all directions: ➢ 749,800 oz Au at 1 .0 2g / t in Indicated category ➢ 250,300 oz Au at 1 .0 1g/ t in Inferred ca
Slide 4: Unparalleled Success
Unparalleled Success Paul Matysek Will Randall Bassam Moubarak EXECUTIVE CHAIRMAN & DIRECTOR PRESIDENT, CEO & DIRECTOR Developed and sold 6 public companies creating over $3 billion in CHIEF FINANCIAL OFFICER & DIRECTOR Geologist with 20 years of experience and successful track record of shareholder
Slide 5: Corporate Structure
Corporate Structure As at August 31, 2022 FREEMAN GOLD (FMAN,TSX-V; FMANF, OTCQX) 131,751,484 Stock Options 9,700,000 Restricted Share Units 1,150,000 Warrants 30,668,496 FULLY DILUTED 173,269,980 Management and insider Analyst Coverage: ownership: Cash Position ~20% $12.4 Million As of May 31, 2022
Slide 6: Top Tier Jurisdiction
Top Tier Jurisdiction • Idaho is one of the top ranked jurisdictions globally with an extensive and rich mining history. PERPETUA RESOURCES • Idaho earned the following rankings on (STIBNITE) the 2021 Fraser Institute Mining Survey: • No. 7 on the Investment Attractiveness Index. • No. 15 on the Pol
Slide 7: Completed Development Work: Phase 2 Drill Program Underway
2020-2021 2022-2023 Completed Development Work: Phase 2 Drill Program Underway • High Grade Discovery – Beauty Zone: Five additional holes drilled after FG21-003C • 7,149m of oriented diamond drilling returned 68.23 g/t Au over 6 metres and 40.18 g/t Ag, including 128.92 Au and 75.59 designed to upg
Slide 8: High Grade Resource with Upside
High Grade Resource with Upside PIT-CONSTRAINED RESOURCES Au Cutoff (gpt) Metric Tonnes Grade Au (gpt) Contained Ounces Category 0.2 35,970,000 0.78 900,200 0.3 32,341,000 0.84 870,000 0.4 27,490,000 0.92 815,500 0.5 22,939,000 1.02 749,800 Indicated 0.6 18,683,000 1.12 674,700 0.8 12,038,000 1.36 5
Slide 9: 2021 Resource Estimate Model
2021 Resource Estimate Model • Near surface mineralization hosting oxide gold • Flat lying high grade mineralization • Amenable to open pit mining • Multiple high grade intervals close to surface • Mineralization open on strike and at depth 9
Slide 10: Phase 2: 15,000 Metre Resource Expansion Program
Phase 2: 15,000 Metre Resource Expansion Program • As of August 31, 2022, completed 46 resource expansion and 4 infill drill holes (12,168 metres; assays pending) • Follow up on drill holes from previous campaigns that remain open to the east and west, such as FG20-24C which returned 0.4 g/t Au over
Slide 11: Phase 2 Drilling: Reclassifying and Expanding Resource
Phase 2 Drilling: Reclassifying and Expanding Resource • Expanding the resource to the east and west • Converting Inferred to Measured and/or Indicated • Converting waste to ore within existing pit shells 11
Slide 12: Favourable Metallurgy
Favourable Metallurgy • Initial metallurgical testing indicates gold recoveries between 95% and 98% • Conventional tank leach processing favoured • Recovery of coarse gold with gravity pre-treatment • Moderate grind size (80% passing 110 microns) • High recoveries take advantage of high grade in pos
Slide 13: The Permitting Advantage…
The Permitting Advantage… Idaho Department of Water Resources awarded water rights for both mining and domestic use in Freeman’s patented mining claims representing the only registered water rights in the Lemhi Deposit Basin – May 23, 2022 Baseline studies conducted by AGR show no major obstacles to
Slide 14: High Grade Discovery – Beauty Zone
High Grade Discovery – Beauty Zone • 350 metre by 250 metre coincidental gold in rock and soil anomaly • Located 600 metres west of Lemhi gold resource within patented claims • 52 of 105 rock samples greater than 1 g/t Au with 28 samples greater than 10 g/t Au (up to 450 g/t Au) • Zone is heavily ox
Slide 15: Beauty Zone Drill Discovery
Beauty Zone Drill Discovery • Hole FG21-003C returned 68.23 g/t Au over 6 metres and 40.18 g/t Ag, OPEN including 128.92 g/t Au and 75.59 g/t Ag over 3.16 metres • Extensive gold-silver mineralization in drill hole interpreted as occurring on OPEN the west side (hanging wall) of the major fault A •
Slide 16: Phase 3: Blue Sky Exploration Upside
Phase 3: Blue Sky Exploration Upside • Large land package essentially • 11 high priority target areas have been unexplored despite proximity defined for follow-up exploration on to intrusive. the Lemhi property • These deposits often part of a • 633 soil samples and 145 rock grab larger mineralized
Slide 17: Directors
Directors Paul Matysek Will Randall Bassam Moubarak Simon Marcotte Victor Cantore EXECUTIVE CHAIRMAN & DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR • Serial entrepreneur, geochemist • Discovered and developed the Sal • Raised over $200 Million to finance • Over 20 years of capital • Seasoned capital
Slide 18: Tom Panoulias
Tom Panoulias Vice President of Corporate Development CELL: 416-294-5649 EMAIL: tom@freemangoldcorp.com FEBRUARY 2022 INVESTOR PRESENTATION [TSX-V: FMAN; FWB: 3WU OTC: FMANF]
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