Peloton Minerals Corp. · CSE:PMC
Peloton Minerals — Investor Presentation (June 2025)
25 slides from Peloton Minerals's investor presentation, June 2025
Slide 1: North Elko Lithium Project
North Elko Lithium Project www.pelotonminerals.com CSE: PMC OTCQB: PMCCF June 2025
Slide 2: Forward-Looking Statement
Forward-Looking Statement Cautionary Statement on Forward-Looking Information & Statements The following presentation may include certain “forward-looking statements” within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements
Slide 3: Capitalization and Market Information
Capitalization and Market Information Capital Structure Exchange Listings ▪ Recent Share Price C$0.09 ▪ Canada CSE-PMC ▪ 52 Week Low-High C$0.04 – C$0.12 ▪ USA OTCQB-PMCCF ▪ Shares Outstanding 137 million ▪ Market Capitalization C$12.5 million Ownership (+60% closely held) ▪ Management & Close Holde
Slide 4: Lithium Market Demand-Supply Dynamics
Lithium Market Demand-Supply Dynamics Quality North American Projects are Critical ▪ China controls ~ 67% of global lithium supply (International Energy Agency, Lithium Report, May 2024) ▪ Diversity of supply is critical for the US and Canadian EV markets. US demand forecast to be +400,000 tonnes LC
Slide 5: Peloton’s North Elko Lithium Project, NE Nevada
Peloton’s North Elko Lithium Project, NE Nevada Surge / Peloton Location 2023 - Surge Battery Metals discovered the highest-grade district-scale lithium in clay resource in North America immediately adjacent to Peloton claims held since 2018 – now called the North Elko Lithium Project (NELP) Importa
Slide 6: High-Grade, District-Scale Lithium Clay Deposits are Transforming Nevada
High-Grade, District-Scale Lithium Clay Deposits are Transforming Nevada Into a Leader in Global Lithium Supply Market Cap C$850 Million Mine Under Construction Market Cap C$46 Million PEA Stage ▪ Average grade 3,010 ppm Li Northern ▪ Strategic Partner - TBA ▪ Average grade 2,230 ppm Li Lithium Tren
Slide 7: Surge & Peloton Ground Positions
Surge & Peloton Ground Positions The two largest positions in Northeastern Nevada Surge Highlights Peloton Highlights ▪ Property size - 44 sq km ▪ Property size - 37 sq km (17 sq miles) (14.25 sq miles) ▪ Lithium deposit is in shallow ▪ Exploration programs show a 35 clay layers striking toward squa
Slide 8: Systematic Exploration Approach
Systematic Exploration Approach Completed Since Late 2023: Strong Results: ➢ Hyperspectral data shows clay bearing layers extend ✓ Hyperspectral Data Reprocessing across the entire property ✓ Staking Total 442 claims (37 sq km or 14.25 sq miles) ➢ Soil geochemistry shows an elevated lithium anomaly
Slide 9: Hyperspectral UV Data Shows Near Surface Clay Layer Outcropping Across Peloton Property
Hyperspectral UV Data Shows Near Surface Clay Layer Outcropping Across Peloton Property Pixels represent outcrops of a near surface clay layer identified as smectite, hectorite, illite 9
Slide 10: Soil Geochemistry Shows Elevated Lithium Anomaly
Soil Geochemistry Shows Elevated Lithium Anomaly Over Approx. 25 sq km (9.65 sq miles) Legend: 50 to 370 ppm Li Background Lithium is 20 ppm 10
Slide 11: X-Ray Diffraction Analysis Identifies Two Categories of Lithium Minerals & Enrichment
X-Ray Diffraction Analysis Identifies Two Categories of Lithium Minerals & Enrichment* Lithium Bearing Alteration Minerals Primary Lithium Magma Minerals (hectorite, illite, others) (alkaline rhyolites & melts) Highly alkaline (high pH) hot water circulates Primary lithium-bearing magma extrudes int
Slide 12: tTEM Geophysical Survey
tTEM Geophysical Survey Used successfully by Surge to target clay layers buried by upper stratigraphy Blue lines are the roads surveyed with tTEM All roads showed an underlying layer interpreted as clay The tTEM unit is towed behind an ATV or truck and reads straight down to a depth of about 300 fee
Slide 13: tTEM Cross Section of the Texas Springs Canyon Road
tTEM Cross Section of the Texas Springs Canyon Road Shows Near Surface Layer Interpreted as Clay (Blue) Through the Heart of the Property over 7 km (4.4 miles) Strike Length Cross Section of the Surveyed Road Location of the Surveyed Road Highlighted in Green 13
Slide 14: Drilling Permits Are In Place
Drilling Permits Are In Place • Drilling will be within the red circles • Drilling will be along the roads (blue lines) every 500 meters • 24 Drill pads approved initially • Additional pads can be added 14
Slide 15: Thacker Pass Mineral Resource Footprint with Peloton Claim Outline
The Thacker Pass (LAC) Mineral Resource Footprint with the Peloton Claim Outline Superimposed Over the LAC Resource Peloton Claim Outline (in Black) Thacker Pass (LAC) Resource (in Blue) 15
Slide 16: Corporate Inquiries
Corporate Inquiries Edward (Ted) Ellwood Paul Teodorovici President & CEO VP Business Development T: 519-697-2313 T: 514-582-2282 Paul.Teodorovici@gmail.com Tedellwood@gmail.com Investment Banker / Advisors: Auditor: IBK Capital Corp. RSM, Chartered Accountants T: (416) 480-0160 Michael White Presid
Slide 17: Appendix
Appendix Detailed Technical Information Available At www.pelotonminerals.com
Slide 18: Board of Directors and Management
Board of Directors and Management 200 years of combined experience playing respective roles in resource exploration, discovery and development John F. O’Donnell, BA (Economics), LLB, Chairman of the Board Edward (Ted) L. Ellwood, MBA, President & CEO, Director Eric Plexman, CFO & Corporate Secretary
Slide 19: Geologic Mapping Shows Prospective Area Bounded by Slip Faults
Geologic Mapping Shows* Prospective Area Bounded by Slip Faults on the East and West * Compilation: ▪ Elko County Digital Geology Map ▪ Nevada Bureau of Mines and Geology ▪ Peloton Geologic Mapping 19
Slide 20: The “Yellowstone Hotspot”
The “Yellowstone Hotspot” The “Yellowstone Hotspot” is Thought Responsible for the Volcanic Activity in Northern Nevada (16-12.5 Ma), Resulting in Calderas, Grabens and Lithium Clay Deposition Yellowstone Today 16-12.5 Million Years Ago * Source: ResearchGate 2018 20
Slide 21: Surge Drill Hole Locations
Surge Drill Hole Locations 16 Holes to Achieve Maiden Resource 22 Holes to Date 11.24 MT LCE Inferred at 3,010 Li Discovery costs <C$2 per tonne LCE and <2 years from discovery to maiden resource 21
Slide 22: Surge Drill Hole Locations & West-East Cross Sections
Surge Drill Hole Locations & West-East Cross Sections Published July 2024 Surge Drill Holes 2022-24 Surge West-East Cross Sections Show Lithium Clay Closed to the West – Open to the East Layers Striking East Toward Peloton to Within 1 Mile of the Surge/Peloton Claim Boundary 22
Slide 23: Surge Battery Metals NNLP Lithium Project PEA Overview
Surge Battery Metals Inc. NNLP Lithium Project PEA Overview NNLP Lithium Project PEA Highlights* NNLP Lithium Resource Outline June 2025 – ($ US Dollars) Inferred Resource The white dotted line illustrates the extent of the NNLP Deposit. Source: Surge NI 43-101 November 2024 11,24 Mt LCE at 3,010 pp
Slide 24: Thacker Pass Lithium Americas Overview
Thacker Pass Lithium Americas Overview Thacker Pass Mineral Resource Model Thacker Pass Updated Feasibility Highlights* (Lithium in Smectite and Illitic Clays) December 2024 – ($ US Dollars) Proven & Probable Measured & Indicated 14.5 Mt LCE 44.3 Mt LCE at 2,230 ppm Li at 2,540 ppm Li Mine Life - 85
Slide 25: Thacker Pass Process Flow Chart
Thacker Pass Lithium Americas Overview (Continued) Thacker Pass Process Flow Chart (Lithium in Smectite and Illitic Clays) 25