Imperial Metals Corporation · TSX:III

Imperial Metals — Shareholder Meeting (May 2022)

31 slides from Imperial Metals's shareholder meeting presentation, May 25, 2022

  1. Slide 1: Welcome to Imperial Metals Corporation Annual General Meeting

    Welcome to Imperial Metals Corporation Annual General Meeting Wednesday, May 25, 2022 1

  2. Slide 2: Election of Directors

    Imperial | Election of Directors • Carolyn D. Anglin • Janine North • Brian Kynoch • James Patrick Veitch • Pierre Lebel • Edward Yurkowski • Larry Moeller 2

  3. Slide 3: Appointment of Auditors

    Imperial | Appointment of Auditors Appointment of Deloitte LLP as Auditors of the Company for the ensuing year and authorizing the Directors to fix the remuneration of the Auditors. 3

  4. Slide 4: Approval of Unallocated Stock Options

    Imperial | Approval of Unallocated Stock Options “RESOLVED, AS AN ORDINARY RESOLUTION, THAT: 1. all unallocated stock options under the Company’s Amended and Restated Stock Option Plan (2007) (“Amended Plan”) be and are hereby approved; 2. the Company has the ability to continue granting stock optio

  5. Slide 5: Voting Results

    Imperial | Voting Results • Election of Directors • Appointment of Auditors • Approval of Unallocated Stock Options 5

  6. Slide 6: Company Presentation

    Company Presentation 6

  7. Slide 7: Cautionary Note | Forward-Looking Information

    Cautionary Note | Forward-Looking Information Certain statements in this presentation may constitute forward-looking information within the meaning of Canadian securities laws. Other than statements of historical facts, statements which address estimated mineral resource and reserve quantities, grad

  8. Slide 8: Mount Polley | Reopening

    Imperial Mount Polley | Reopening Awi Metals

  9. Slide 9: Mount Polley | Reopening in 2022

    Mount Polley | Reopening in 2022 The Mount Polley mine consists of a conventional truck-shovel open pit mine with a small underground component, with conventional crushing, grinding and flotation technology to process about 7 million tonnes of ore per year. Springer Pit Plant Site 9

  10. Slide 10: Mount Polley | Reopening

    Imperial Mount Polley | Reopening Awi Metals Sportinear Bit

  11. Slide 11: Mount Polley | Mining since November 2021

    Mount Polley | Reopening Mining since November 2021 11

  12. Slide 12: Mount Polley | Reopening

    Mount Polley | Reopening Mobilizing drill to saddle between the Cariboo and Springer pits – December 2021 Mining in saddle between the Cariboo and Springer pits – April 2022 Mining operations to began anew in November 2021, by the end of April approximately 6.8 million tonnes had been mined in prepa

  13. Slide 13: Mount Polley | Reopening

    Imperial Mount Polley | Reopening Awi Metals

  14. Slide 14: Mount Polley Main Zone Long Section

    . Imperial Mount Polley | Reopening AX Metals 1300 — 1200 - Mount Polley Main Zone Long Section (az 162) 1000 — 900 - 800 - 700 — 14

  15. Slide 15: Mount Polley | Grinding Circuit

    Mount Polley | Reopening Grinding Circuit: three stage grinding circuit, two rod mills, three ball mills, and three pebble mills. 15

  16. Slide 16: Mount Polley | Gold and Copper Production

    Mount Polley | Reopening Gold Production (ounces per year ) Copper Production (pounds per year) Cariboo ore only; 70000000 120000 Majority Wight Pit, high gold, high copper oxide high copper and 2012- 2013 therefore, low low oxide ratio Majority Deep 100000 2012 -2013 60000000 copper recovery yielde

  17. Slide 17: General Arrangement of Conceptual Block Cave

    Mount Polley | Reopening General Arrangement of Conceptual Block Cave 17

  18. Slide 18: Springer at depth exploration target

    Mount Polley | Reopening Shadow of Springer exploration target Springer at depth 18

  19. Slide 19: Mount Polley | Copper and green minerals demand

    Mount Polley | Reopening Copper and other green minerals are going to be needed in massive amounts to decarbonize the world’s economies, and a reopened Mount Polley can help provide some of the required copper. 19

  20. Slide 20: Red Chris Mine | Exploration Success

    Red Chris Mine | Exploration Success Section line 20

  21. Slide 21: Red Chris Mine | East Ridge Section

    Red Chris Mine | East Ridge Section 21

  22. Slide 22: Red Chris Mine | Longitudinal Section of Development Area

    Red Chris Mine | Longitudinal Section of Development Area 22

  23. Slide 23: Red Chris Mine | Underground Development

    Red Chris Mine | Underground Development Portal collared at end of June 2021; exploration decline has advanced more than 1300 metres. 23

  24. Slide 24: Red Chris Mine | September 2021 Prefeasibility Study

    Red Chris Mine | September 2021 Prefeasibility Study 24

  25. Slide 25: Red Chris Mine | Block Cave Pre-Feasibility Summary

    Red Chris Mine | Block Cave Pre-Feasibility Summary • Ore production of 406 million tonnes and 4.9Moz Au and 1.5Mt copper • Life of mine annual production of 158 koz Au and 48kt copper • Peak Production of 316koz Au and 80kt Cu FY2029-2034 • Average all in Sustaining Costs of C$180/oz • Total estima

  26. Slide 26: Red Chris Mine | Block Cave Mine Design

    Red Chris Mine | Block Cave Mine Design 26

  27. Slide 27: Red Chris Mine | Block Cave: Early Mining

    Red Chris Mine | Block Cave: Early Mining 27

  28. Slide 28: Huckleberry | Mine Site with Exploration Targets

    Huckleberry | Mine Site with Exploration Targets West Main Zone Target • Several drill holes at various orientations with ore-grade intercepts adjacent to Main Zone Northeast Target stock (probable Main Zone ore • 91m @ 0.287% Cu in 2004 drill hole 04- source) 287 • 72m @ 0.338% Cu in historical • T

  29. Slide 29: Huckleberry | New Targets

    Imperial Huckleberry | New Targets IN Metals 615000 620000 630000 Huckleberry and Whiting Creek ZTEM Survey - 2021 Resistivity at Om Depth and Exploration Targets ac: Creek i oO 2021_ZTEM_Resistivity Targets Lakes — Main FSR Major Rivers 615000 620000 630000

  30. Slide 30: Imperial | Diverse Project Portfolio

    Imperial | Diverse Project Portfolio 1 Red Chris (30%) Operating Mine 2 Mount Polley/ Huckleberry Reserve/Permitted Mine on Care and Maintenance 5 Cat Face/Sustut/Ruddock Resource 4 Fandora Exploration Drilling 15 Lj/Wasi Grassroots Exploration 27 06 Total Projects 14 Royalty Interests Copper Projec

  31. Slide 31: Questions

    Questions 31

Imperial Metals — Shareholder Meeting (May 2022) on 6ix