Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Investor Presentation (March 2021)
19 slides from Freeman Gold's investor presentation, March 2021
Slide 1: Investor March 2021 Deck
INVESTOR MARCH 2021 DECK 2019 BUILDING HIGH-GRADE, NEAR-SURFACE INVESTOR PRESENTATION I N V IN E IDAHO S T O R D E C K [CSE: 2 0 1 9 FMAN, FWB: 3WU, OXIDE GOLD OUNCES OTC: FMANF]
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: Lemhi Gold Project - Idaho, USA
Lemhi Gold Project - Idaho, USA • 100% owned advanced project: previous drilling >70,000 metres; historical resources up to 1.2Moz and 1.3 gpt Au • 7,000 metre resource classification drill program completed Q4 2020 • Shallow high-grade oxide gold mineralization intersected: 2.5 g/t over 151m, inclu
Slide 4: Looking Forward
Phase 2 to follow Looking Forward • Second phase of drilling will commence targeting brownfields intercepts on strike and at depth Phase 1 Complete • This round of drilling will focus on areas outside of • 7,149m of oriented diamond drilling completed in 35 drill the initial resource already identif
Slide 5: Share Structure
Share Structure As at 13 January 2021 FREEMAN GOLD (FMAN,CSE)* 81,413,814 Stock Options 5,140,000 Warrants 5,789,981 FULLY DILUTED 92,343,795 Cash Position (as at 31 August, 2020) $8,500,000 Management and insider ownership: Strategic shareholder 20% 5% 0305
Slide 6: Management
Management Will Randall Dean Besserer Bassam Moubarak PRESIDENT, CEO & DIRECTOR VICE PRESIDENT OF EXPLORATION CHIEF FINANCIAL OFFICER & DIRECTOR Geologist with 20 years of experience and successful track record of project QP with more than 2 decades of exploration experience working in over 50 Seaso
Slide 7: Directors
Directors Victor Cantore Ronald Stewart DIRECTOR DIRECTOR • Seasoned capital markets professional specializing in the resource and • Over 30 years international experience in the mining and capital markets industry, with high-tech sectors. over 20 years direct mining operations experience, including
Slide 8: Idaho USA
Idaho USA Lemhi Gold Project is strategically located in the heart of Lemhi County, Idaho • Idaho is one of the top ranked jurisdictions globally with an extensive and rich mining history. • Idaho earned the following rankings on the 2019 Fraser Institute Mining Survey: • No. 8 in the world and No.
Slide 9: Project History
Project History Placer Gold Discovered Northern Vertex 1867; Lode 1880’s sells 51% share to Idaho State Gold Company LLC Northern Vertex JV (2013) Meridian Gold Depressed (Lemhi Gold Trust) FMC Explored American Gold acquires gold prices 2011, 10,531m Property 1984 - 1991 Resources (AGR) Freeman Gol
Slide 10: Historical Resource with Upside
Historical Resource with Upside SOURCE CATEGORY* GRADE opt (g/t) TONS (TONNES) CUT-OFF opt (g/t) OUNCES* 32,361,539 0.003 - 0.012 ‘’Geological Resource’’ 0.0375 (1.29) 1,217,704 (29,357,894) (0.1 - 0.4) 1996 AGR (Pincock Allen Holt PAH - Sandefur, 1996) 13,649,974 0.003 - 0.012 ‘’In-pit Geological R
Slide 11: Lemhi grade advantage…
Lemhi grade advantage… FREEMAN GOLD historical resources up to 1.3 gpt Au* GLOBAL OXIDE GOLD DEPOSITS (Modified from Clarus, January 14, 2021) *All resources are considered historical in nature and should not be relied upon. Resources completed prior to 2013 either do not use categories as set out i
Slide 12: Phase 1: Diamond Drill Program Complete
Phase 1: Diamond Drill Program Complete • 7,200m of twin and infill drilling which combined with over 193.55m @ 1.8 g/t Au 179.83m @ 1.81 g/t Au 70,000m of historical drilling will be used for maiden NI43- 59.44m @ 3.55 g/t Au 19.81m @ 4.98 g/t Au 54.96m @ 4.28 g/t Au 101 resource estimate 57.91m @
Slide 13: Phase 1: Resource Diamond Drilling
Phase 1: Resource Diamond Drilling • Near surface mineralization hosting oxide gold • Flat lying high grade mineralization • Amenable to openpit mining • Multiple high grade intervals close to surface • Mineralization open on strike and at depth • Phase 1 drilling focusing on historical resource are
Slide 14: Phase 2: Resource Expansion Drilling
Phase 2: Resource Expansion Drilling 193.55m @ 1.8 g/t Au 179.83m @ 1.81 g/t Au 59.44m @ 3.55 g/t Au 54.96m @ 4.28 g/t Au 19.81m @ 4.98 g/t Au • 149.35m Deposit open @ 1.06 g/t Au in most directions, 57.91m @ 2.32including g/t Au at depth. 74.68m @ 1.74 g/t Au 10.66m @ 7.06 g/t Au • 13.72m Second dr
Slide 15: Favourable Metallurgy
Favourable Metallurgy • Previous operators completed metallurgical test work indicating strong leach response in oxidized material • Bottle roll testing indicated recoveries >95% • Heap Leach recoveries range from 70% to 90% depending upon crush size • Higher recoveries achieved using a crush size o
Slide 16: The permitting advantage…
The permitting advantage… Baseline studies conducted by AGR show no major obstacles to mine permitting (Dufresne, 2020) Vast majority of historic resources held within patent claims No bull trout bearing water bodies in resource area Gentle topography and large land package No settlements in the imm
Slide 17: Phase 3: Blue Sky Exploration Upside
Phase 3: Blue Sky Exploration Upside • Ongoing regional ground geophysical and soil & rock geochemical surveys, designed to identify “satellite deposit” targets. • Currently completing deep 3D resistivity and induced polarization survey of the mineralized area • Opportunity to find high grade feeder
Slide 18: Comparables
Comparables (oxide resources) * Figures above represent fully diluted market cap data as at 25 January 2021 18
Slide 19: Kenneth Cotiamco
Kenneth Cotiamco OFFICE: 604-687-7130 CELL: 702-482-3976 EMAIL: ken@freemangoldcorp.com 2021 INVESTOR PRESENTATION [CSE: FMAN; FWB: 3WU OTC: FMANF]