Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Building High-Grade, Near-Surface Precious Metals Summit - Zurich 2022
18 slides from Freeman Gold's conference presentation, November 2022
Slide 1: Building High-Grade, Near-Surface Oxide Gold Ounces in Idaho
NOVEMBER 14-15 2022 BUILDING HIGH-GRADE, NEAR-SURFACE PRECIOUS METALS SUMMIT - ZURICH [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 November 9, 2022 FREEMAN GOLD (FMAN,TSX-V; FMANF, OTCQX 3WU, FWB) 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% $7.8 Million As of Aug
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 EXCELLON RESOURCES Attractiveness Index.
Slide 7: Corporate Objective 2022-2023
Corporate Objective 2022-2023 Phase 2 Drill Program Nearing Completion Grow current approx. 1Moz resource to 1.5-2.0Moz deposit by drilling open • High Grade Discovery – Beauty Zone: Five additional holes drilled after FG21-003C extensions within the modelled returned 68.23 g/t Au over 6 metres and
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: 15,000 Metre Resource Expansion Program
15,000 Metre Resource Expansion Program • Phase 2 drill program designed to build on >107,000 metres of drilling and test mineralized extents within resource pit boundaries • Over 13,000 metres completed (50 core & 7 reverse circulation holes – RC drilling ongoing • Follow up on drill holes from pre
Slide 11: Extension and infill drilling the EAST
Extension and infill drilling the EAST • Initial results step out up to 80 metres east of known mineralized east-west strike length • Focused on expanding mineralization within eastern portion of resource pit • Improves potential economics by converting waste to ore within existing pit shells • High
Slide 12: Extension and infill drilling the WEST
Extension and infill drilling the WEST • Holes represent up to 166 metres step outs to the west of known mineralized extents • These areas were previously modelled as unmineralized due to lack of drilling • Increasing grade and reducing waste within pit boundaries • Highlighted expansion holes to th
Slide 13: 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 14: 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 15: High Grade Discovery – Beauty Zone
High Grade Discovery – Beauty Zone • High grade discovery in only exploration target drill tested • Part of extensive land package that has seen very limited exploration • Land holding covers over 5 km of intrusive contact where Lemhi is located Beauty Zone • 350 metre by 250 metre coincidental gold
Slide 16: 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 OPEN Ag, 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 OPEN on the west side (hanging wall) of the major fault A •
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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