Fireweed Metals Corp. · TSXV:FWZ
Fireweed Metals — Investor Presentation (September 2022)
26 slides from Fireweed Metals's investor presentation, Sep 26, 2022
Slide 1: Critical Metals for Present and Future Generations
TSX-V: FWZ OTCQB: FWEDF FSE: 20F CRITICAL METALS FOR PRESENT AND FUTURE GENERATIONS FireweedMetals.com Proud Member of Corporate Presentation - September 2022 1
Slide 2: Cautionary Statements
Cautionary Statements PEA Cautionary Note Readers are cautioned that the PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reser
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Slide 4: About Fireweed Metals
About Fireweed Metals Fireweed Metals is a Canadian mining that explores and develops critical metals projects through progressive leadership, innovation, and collaboration. Our Vision Fireweed Metals will sustainably explore and develop Critical Metals projects to support a prosperous and green fut
Slide 5: Our Values
Our Values Respect Integrity People Partnerships Honesty Inclusivity Progressive Transparency Collaboration Environmental Stewardship Accountability Health & Safety Social Stewardship Value Creation 5 TSX-V: FWZ | FireweedMetals.com 5
Slide 6: Why Critical Metals? Why Fireweed?
Upcoming bull market Massive global stimulus Why Critical Metals? Recent crisis has highlighted fragility in critical base metals Fiscal stimulus will focus on infrastructure bullish for zinc Why Fireweed? market Big names already Robust projects paying attention We’re leveraging our local and Macpa
Slide 7: Board of Directors
Board of Directors George Gorzynski VP Exploration, Impact Silver Brandon Macdonald CEO & Director Adrian Rothwell ● Chairman, Commander Resources Ltd. ● Ex. Macquarie Bank CEO, Angold Resources ● BSc. Geology, UBC and MBA, Oxford University ● Long history of work in Yukon Marcus Chalk Principal, Ge
Slide 8: Capital Structure As of Sept 1, 2022
Capital Structure As of Sept 1, 2022 Management Teck 10% 9% Hudbay 91.9M 339K 3.6M 22% 4% Issued and Agent’s Investor Other Outstanding Warrants Warrants Ibaera 11% Capital 4% Other 7.7M 3.7M 103.5M Close Funds Options Performance Fully Diluted Associates Shares 40% TSX-V: FWZ | FireweedMetals.com 8
Slide 9: Regional Location & Infrastructure
Regional Location & Infrastructure Gayna River New Zinc exploration project with intriguing potential and significant mineralization Macmillan Pass YUKON & Mactung Over 977-sq-km land package Railhead The project is accessible via existing 3-km road and highway NORTHWEST TERRITORIES Ross River White
Slide 10: Macmillan Pass Overview
Macmillan Pass Overview 10 TSX-V: FWZ | FireweedMetals.com 10
Slide 11: Macmillan Pass Overview
Macmillan Pass Overview 11 TSX-V: FWZ | FireweedMetals.com 11
Slide 12: 2018 Resource Update & PEA
2018 Resource Update & PEA Resource Estimate Preliminary Economic Assessment Mt Zn Pb Ag ZnEq 24% C$448M C$404M Indicated 11.2 6.59% 2.48% 21.33g/t 9.61% After-tax After-tax NPV8 Initial CAPEX Inferred 39.5 5.84% 3.14% 38.15g/t 10% IRR Zinc Lead Silver 18yrs 32.7MT *Using US$1.21/lb Zn, $0.98/lb Pb,
Slide 13: Exploration Targets
Exploration Targets 13 TSX-V: FWZ | FireweedMetals.com 13
Slide 14: Blueprint for Value Creation
Blueprint for Value Creation 2018 PEA establishes Base Case, then add Gov’t Road Resource 1 Funding 2 Engineering 3 Expansion "$71M commitment on Engineering optimizations Resource expansion at both road funding reduces increase pit size at Tom Tom & Jason improves up-front CAPEX using new Geotech/
Slide 15: Near-Term Road Map
Near-Term Road Map Exploration Engineering ESG Drilling for new resource Boundary Zone Expand baseline • Expand Boundary Metallurgical Test sampling programs 2022 Zone West (BZW), Boundary, Tom, and Results TARGETING A Jason Continuing engagement TRUE TIER-1 PROJECT and consultation with First Natio
Slide 16: Mactung Overview
Mactung Overview 16 TSX-V: FWZ | FireweedMetals.com 16
Slide 17: Mactung Location
Mactung Location 17 TSX-V: FWZ | FireweedMetals.com 17
Slide 18: Why Tungsten?
Why Tungsten? CRITICAL METAL Tungsten is a critical metal as now listed by Canada, the USA, and the EU, with extreme physical characteristics necessary for many industries CHINA MARKET DOMINATION China controls both the resource and production side of the Tungsten market, creating risks to the west
Slide 19: Mactung Relative Resource Size
Mactung Relative Resource Size Mactung is one of the largest, highest-grade undeveloped Tungsten deposits in the world. Macmillan Pass is one of the largest undeveloped Zinc deposits in the world. Combined, these two projects could be even more than the sum of their parts. Million Mactung WO3 % Tonn
Slide 20: Potential Combined Opportunities
Potential Combined Opportunities Mactung is a strong project on its own. But we believe there are capital and operating synergies to be gained by developing the projects together. Capital Operating Bulk discount pricing for mining fleet Bulk discount pricing for consumables Reduced costs for shared
Slide 21: Gayna River Overview
Gayna River Overview 21 TSX-V: FWZ | FireweedMetals.com 21
Slide 22: Introduction
Introduction • Located in Mackenzie Mountains, NWT, Canada and 180 km West of Norman Wells, NWT, 180 km north of the Macmillan Pass project, Yukon, • Highly underexplored area • Platform equivalent rocks to the prolific Selwyn Basin (Tom and Jason) • Well-renowned but forgotten zinc district • Inclu
Slide 23: Exploration Approach
Exploration Approach DISCOVERY Pivot SEARCH SPACE INNOVATION New Tech SEDEX + New Ideas
Slide 24: History
History 1970s o Rio Tinto drilled >28,000 m o Exploration Target1 of 30-50 Mt 4.0-4.5% Zn 0.0-0.5% Pb 1980s o Rio let claims lapse, believing low potential for high-grade 1999 o Re-staked by Eagle Plains 2007 o Strategic Alliance with Teck 2018 o Claims lapsed 2018 o Academic research likens Gayna R
Slide 25: World-Class Opportunity
Robust search space Cutting-edge technology identified within very large facilitates precise, low-cost zinc system exploration World-Class Opportunity Fireweed team brings Potential for high-grade domain expertise and massive sulphide deposits track-record of success 25 TSX-V: FWZ | FireweedMetals.c
Slide 26: Thank you!
Proud Member of Thank you! Please visit us online at fireweedmetals.com and follow for updates. Brandon Macdonald Head Office CEO & Director TSX-V: FWZ 1020 - 800 West Pender St. OTCQB: FWEDF +1 (604) 646-8360 Vancouver, BC brandon@fireweedmetals.com V6C-2V6 FSE: 20F 26
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