Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Investor Presentation (September 2020)
21 slides from Freeman Gold's investor presentation, September 2020
Slide 1: September 2020 Investor Presentation
SEPTEMBER 2020 INVESTOR PRESENTATION [CSE: FMAN; FWB: 3WU 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: Investment Highlights
Investment Highlights Strategically located in Over 355 holes drilled Historical resources ranging 500K mining friendly Idaho, USA in deposit area oz to 1.2M oz with grade between Lemhi Gold Project 0.84 gpt and 1.3 gpt Au Freeman Gold is well funded with an institutionally oversubscribed bought dea
Slide 4: Share Structure
Share Structure As at 15 September 2020 SHARES OUTSTANDING 81,340,454 Stock Options 3,840,000 Warrants 5,863,341 FULLY DILUTED 91,043,795 Cash Position (as at 31 August, 2020) $8,500,000 Management and insider ownership: Strategic shareholder 20% 5% 04
Slide 5: Management
Management Will Randall Dean Besserer PRESIDENT, CEO & DIRECTOR VICE PRESIDENT OF EXPLORATION Over 20 years of experience in the mining and mineral exploration industry. Mr. Besserer has more than 2 decades of exploration experience working in over 50 countries, including much of North One of the ea
Slide 6: Directors
Directors Victor Cantore Simon Marcotte DIRECTOR DIRECTOR Seasoned capital markets professional specializing in the resource and high-tech sectors. Over 20 years of capital market experience. Over 25 years of advisory and leadership experience, having begun his career in 1992 as an investment adviso
Slide 7: The Property
The Property 07
Slide 8: Idaho USA
Idaho USA SILVER VALLEY (BUNKER HILL, LUCKY FRIDAY , & GALENA) The Lemhi Gold Project is strategically located in the heart of Lemhi County, Idaho IDAHO CHAMPION (BANER) Idaho is one of the top ranked jurisdictions $56M globally with an extensive and rich mining history. ENDOMINES (FRIDAY PROJECT) R
Slide 9: The Idaho Gold Opportunity
The Idaho Gold Opportunity RECENT TRANSACTONS IN IDAHO BOUGHT DEALS ASSET PURCHASES M&A STRATEGIC ACCESS Idaho is one of the most sought-after gold mining jurisdictions. Integra Resources Liberty Gold sells the Kinsley asset Excellon Resources Midas Gold announces Freeman Gold closes announces a $15
Slide 10: Historical Resource with Upside
Historical Resource with Upside HISTORICAL NEAR RESOURCES SURFACE Historical resource estimates Most ounces found in near conditioned by property surface, oxide material boundary constraints and a potentially suitable for open flawed twinning program. pit, heap leach operations. 2013 2012 Latest reso
Slide 11: Project History
Project History Placer Gold Northern Vertex Discovered sells 51% share to 1867; Lode 1880’s Idaho State Gold Company LLC (2013) FMC Explored American Gold Meridian Gold Depressed Northern Vertex JV Lower 48 Resources (AGR) acquires gold prices (Lemhi Gold Trust) Resources Property 1984 - 1991 1991 -
Slide 12: Historical Resource with Upside
Historical Resource with Upside SOURCE CATEGORY* GRADE opt (g/t) TONS(TONNES) CUT-OFF opt (g/t) OUNCES* 1987 FMC 3,006,595 ‘’Geological Reserve’’ 0.057 (1.95) 0.035 (1.20) 171,375 (Disbrow, 1987) (2,727,537) 623,700 0.055 (1.89) 0.032 (1.10) 34,304 1989 FMC (565,811) ‘’Reserves’’ (Mine Reserve Assoc
Slide 13: Historical Drilling Intercepts
Historical Drilling Intercepts 193.55m @ 1.8 g/t Au 54.96m @ 4.28 g/t Au 179.83m @ 1.81 g/t Au 152.86m @ 1.06 g/t Au 13.72m @ 15.19 g/t Au 149.35m @ 1.06 g/t Au 59.44m @ 3.55 g/t Au 143.26m @ 1.09 g/t Au Patented Claims Unpatented Claims 13
Slide 14: Lemhi Gold Project Resource Potential
Lemhi Gold Project Resource Potential Deposit open in most directions, including at depth. Opportunity to increase ounces by infill drilling, including drilling allowed by consolidated land package. Increased understanding of deposit geology will help with more accurate modeling. Target initial 43-10
Slide 15: Lemhi Gold Project Exploration Upside
Lemhi Gold Project Main Resource Area open in Exploration Upside most directions and at depth Initial exploration in areas open along strike, aimed at increasing potential in-pit resources. Opportunity to find high grade feeder zones at depth that are currently unexplored. Large land package has seen
Slide 16: Lemhi Gold Project
Lemhi Gold Project 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 immediate
Slide 17: Comparables: With Resources
Comparables COMPANY TICKER JURISDICTION FULLY DILUTED MARKET CAP RESOURCE (M&I + INF) (AUEQ) PER OZ With Resources Liberty Gold LGD USA $471 Million 1.66m oz $283/oz Osisko Mining OSK CANADA $1.35 Billion 5.65m oz $238/oz White Gold Corp WGO CANADA $150 Million 1.78m oz $84/oz Probe Metals PRB CANAD
Slide 18: Comparables Market Cap (CDN$ MM)
Comparables • Freeman Gold introduced to the North American market at an attractive valuation relative to its peer group MARKET CAP (CDN$ MM) • Planned work programs at the Lemhi Gold Project have excellent potential to provide value creation for shareholders. Mean $338 Midas Gold Liberty Gold Amex
Slide 19: Value Proposition
Value Since no one has taken a regional view of developing the Lemhi Gold Project, the deposit: Proposition Remains open at depth Remains open along strike Remains unexplored in surrounding areas From asset purchases, to M&A, to strategically Has not had the feeder system or source of entering the s
Slide 20: Future Growth
Future Growth Further growth by Brownfields Exploration: Despite the system known to be large and typically hosting multiple deposits, area has gone largely unexplored Freeman Gold plans growth through aggressive exploration first, followed by potential M&A 20
Slide 21: Kenneth Cotiamco
Kenneth Cotiamco OFFICE: 604-687-7130 CELL: 702-482-3976 EMAIL: ken@freemangoldcorp.com 2020 INVESTOR PRESENTATION [CSE: FMAN; FWB: 3WU OTC: FMANF]
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