Emperor Metals, Inc. · CSE:AUOZ
Emperor Metals — Investor Presentation (September 2024)
34 slides from Emperor Metals's investor presentation, September 2024
Slide 1: Emperor Metals
ad EMPEROR METALS CSE: AUOZ OTCQB: EMAUF FRA: 9NH
Slide 2: Cautionary Statements and Disclaimer
vad CAUTIONARY STATEMENTS EMPEROR METALS DISCLAIMER Emperor Metals Inc. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, or CSE, which is operated by CNSX Markets Inc. Neither the CSE nor its Market Regulator (as that term is defined in the Trading Rules and poli
Slide 3: o o o
• • • • o o o o o o o o • • • • *Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was constructed prior to the most recent Canadian Institute of Mining and Metallurgy (CIM) standards (2014) and guidelines (2019) for minera
Slide 4: Management and Directors
MANAGEMENT AND DIRECTORS Management & Advisory of over 20 Public Mining Companies with extensive experience in the Public Mining Sector & Capital Markets Principals, Directors and Advisors own 13% of Emperor and have raised >$I1Billion for projects throughout exploration, development & production an
Slide 5: Capital Structure
CAPITAL STRUCTURE As of August 2024 SNAPSHOT Shares Outstanding 103,549,657 Working Capital Est. $4.0 M CAD Warrants *31,340,633 Options * 8,725,000 Fully Diluted 143,615,290 * Avg Warrant price .23 cents and 1.5 - years remaining life * Avg Option price .14 cents and 2.5 - years remaining life EQUI
Slide 6: AUOZ:CSE Stock Chart
ad 12 MONTH AUOZ:CSE STOCK CHART EMPEROR As of Sept 2024 METALS Historic Chart for Cdn:AUOZ by Stockwatch.com 604.687.1500 - (c) 2024 Mon Sep 16 2024 Op=0.09 Hi=0.09 Lo=0.085 Cl=0.085 Vol=288.025 Year hi=0.18 lo=0.055 ‘Cdn:AUOZ 0.1875 0.18 0.1725 I 0.165 i 0.1575 4 It 0.15 0.1425 Al 0.135 i , "| i 0
Slide 7: Rich History of Prolific Mining
RICH HISTORY OF PROLIFIC MINING The Abitibi Region is one of the world’s most prolific gold producing districts with ~200 million ounces of gold produced to date! The Porcupine-Destor fault zone (PDFZ) transects the property Total historical gold production from the many high-grade gold deposits alo
Slide 8: Tier District — Abitibi Greenstone Belt
TIER 1 DISTRICT — Abitibi Greenstone Belt HISTORIC PROLIFIC AND PRODUCTIVE MINING | | N @ Producing Mine ! ‘ @ Development Project & Geological Fault Abitibi Greenstone Belt 200 M Oz Au Produced Holloway UQUESNE WEST jae vad Emperor Metals \ Do", eee ] \ Hoyle Pond Munro-Croesus a ‘ ‘QUEBEC ‘Agnico
Slide 9: Tier District — Abitibi Greenstone Belt: Infrastructure
TIER 1 DISTRICT — Abitibi Greenstone Belt INFRASTRUCTURE | N @ Producing Mine | @ Development Project @ Townships \ = Highways Railway Power Lines ONTARIO QUEBEC Water < (Pan American Holloway ‘Agnico Eagle Hislop .[ Newmont Rie Munro-Croesus } —, Newmont Pan American. Moneta Gold Porcupine/| Bell C
Slide 10: District Ownership: Neighborhood Deposits
DISTRICT OWNERSHIP NEIGHBORHOOD DEPOSITS Moneta Gold Tower Gold ‘Agnico Eagle Macassa Aarico Eagle Upper Beaver ‘Agnico Eagle is Ak Deposit Ind: 45,000 oz Au Inf: 125,000 oz Au fonico Eagle Holt Ind: 898,000 oz Au ing Au Duquesne Gold Ind: 231,200; Inf: 817,400 Fist Mining Duparquet Gold Inf: 257,00
Slide 11: Machine Learning at Duquesne West
Al MACHINE LEARNING AT Advantages of Al Increased Efficiency: Al automates data analysis, expediting exploration workflows and optimizing resource allocation Improved Accuracy and Precision: Machine learning minimizes human bias, ensuring accurate identification of mineralization patterns and struct
Slide 12: 2023 New Targets from AI Modelling
tad 2023 NEW TARGETS FROM AI MODELLING -3D Model EMPEROR Preliminary Model - Grade x Thickness (Looking North) - Long Section METALS 320L rs ett ee eee 240 ue a ia Gold (@4)x Thickness 160L -999.000 <= fj < 7.500 80 -80L “160 L -240L © Ling S 320L ° Bang -400.L 50.000 <= [J < 150.000 480 RESOURCE EX
Slide 13: Example of Potential Stope Grade and Thickness
vad EXAMPLE OF POTENTIAL STOPE EMPEROR GRADE AND THICKNESS mevars oes an Minable Shape Optimizer (MSO) 15.860 7138 used Gold Cutoff of 3 g/t Au and Gold 15.669 1137 EPEBOGh Aw 15.399 14.68 + Minimum dimensions 2.5 m (width) x 14.249 14.75 8 m (length) x 4 m (height) 13.991 16.81 13.701 19.41 - Weuse
Slide 14: 2023 Drilling Highlights
2023 DRILLING HIGHLIGHTS ad Maiden 2023 drilling completed November 2023, for a total of 8,579m EMPE ROR Hole No. From To (m) Interval (m) Au (g/tAu) Resource Expansion Target DQ23-01 661.8 663.85 415 277 Underground expansion DQ23-01 5313 543 11.7 5.63 Underground expansion DQ23-02 540.25 5509 10.6
Slide 15: Open Pit Concept
OPEN PIT CONCEPT ad EMPEROR SHOWING BOTH PHASE 1 AND ULTIMATE PIT SCENARIO METALS Legend Ultimate Pit Concept Gold Grades (g/t) Multiple zones of == ‘ Open Pit Mineralization (>0.4 g/t Au) reco “ . se mineralization of both . Phase 1 Focus (Early exploration plan) “t000 « Ml 300 high-grade and lower
Slide 16: Location of DQ23-07 in Model
(Location of DQ23-07 in Model) 6.5 m of 6.8 g/t Au 5.3 m of 10.3 g/t Au Phase 1 Pit Shells (in grey) 6.7 m of 10.3 g/t Au DQ23-02 7.4 m of 4.5 g/t Au DQ23-07 15.7 m of 0.82 g/t Au 7.2 m of 2.80 g/t Au 13.4 m of 6.1 g/t 21.5 m of 0.40 g/t Au 5.1 m of 22.7 Au Ultimate Pit g/t Au (400 m depth) 2.8 m of
Slide 17: Open Pit Concept
OPEN PIT CONCEPT EMPEROR METALS It is estimated around 50% of historical drill core from surface to 500 meters is unsampled/assayed because previous operators overlooked the open pit potential. 2,500 m of historical core was assayed in 2023 successfully adding to the resource footprint and another 8
Slide 18: Awaiting Assay Results for Historical Core
AWAITING ASSAY RESULTS FOR HISTORICAL CORE —s EMPEROR SAMPLES: METALS rs a — pe
Slide 19: Long Section of DQ23-05 Intercept
10.8 m of 15.8 g/t Au Long Section of DQ23-05 Intercept (Looking North) DDH Pierce Points DQ23-05 556.0 to 566.8 (10.8 m @ 15.8 g/t Au) Whe Blue Sky Potential Potential Stopes Figure showing DQ23- 05 intercept- expanding ounces +100 meters along plunge of deposit This intercept adds ounces & stopes
Slide 20: Footwall Zone Minable Stope Optimizer Polygons
Footwall Zone Minable Stope Optimizer Polygons Criteria: >2.5 m of >3.0 g/t Au 6.2 m of 16.3 g/t Au 8.7 m of 6.5 g/t N Au 17.2 m of 3.5 g/t Au Inset 3.65 m of 6.25 g/t Au Legend 4.1 m of 6.7 g/t DQ23-02 Intercepts Au Stope Model Thickness (m) & Grade (g/t Au) – Historical Drilling DDH location relat
Slide 21: AI Geological Model
Al GEOLOGICAL MODEL Cross Section of |DQ23-05 (Looking west) +/- 20 m Window 24.4 mof 0.50 g/t Au Assays ft Au @ 50 © 10-50 © 08-10 NY Mineralized Zones — Donte orp Utiamafie Intrusive I Matic Intusive Voleanic i ‘0r2 Porcupine Dextor / Fault Zone } 600m ° 100 © 200m / — i | ad EMPEROR METALS First
Slide 22: Phase I Assays and Core
PHASE I ASSAYS AND CORE EMPEROR METALS Representation of mineralized & altered core from Representation of mineralized & altered core from DQ23-05 DQ23-01 (11.7 m of 5.63 g/t Au) core depth of 531.3 m (10.8 m of 15.8 g/t Au (includes 3.4 m of 27.24 g/t Au)) — core depth of 563 m 22
Slide 23: Phase I Assays and Core
PHASE I ASSAYS AND CORE EMPEROR METALS Representation of mineralized and altered porphyry core from DQ23-02 (25.0 m of 1.69 g/t Au); bottom of hole ended in mineralization and this zone is subsequently being extended by additional drilling. — core depth of 814 m Representation of mineralized and alt
Slide 24: Expansion Potential
vad EXPANSION POTENTIAL EMPEROR METALS Duquesne West Gold Project, Quebec N 1.1km | |+ >| / yp \ + /| | \ [ | — cap —_> | | J | a: Area of 3D | Blue SI Potential | | | |Geophysical Model iq Nip Zone 16.0 m of 6.06 g/t Au | \t 17.0 m of 3.02 g/t Au \ | || 2.5 mof 51.88 g/t Au \ | 1.0 m 0f 32.23 g/t A
Slide 25: Nip Zone - 3D Chargeability Model
ad NIP ZONE - 3D CHARGEABILITY MODEL EMPEROR METALS Nip Zone 3D Chargeability Model Oblique View Looking North 2 Legend Nip Zone Historical Drilling ntested Target Area - Untested Target Area Chargeability mv/Vv Figure 2: Hole to Hole Resistivity/IP Survey Model 25
Slide 26: 2024 Drilling Program
vag 2024 DRILLING PROGRAM EMPEROR METALS \ 2024 Drilling Approximately only 120,000 m of drilling! Needs 100,000+ more to continue to add ounce: 26
Slide 27: Open Pit with Stopes, Resource Still Open
Arrows indicate where the <? Open Pit with Stopes Looking North resource body is still open Minable Stope Optimizer Shapes UG Criteria: 2.5 m of >3.0 g/t Au M LS Legend Ye 2023-x Intercepts (2023 Drilling) Stope Model Thickness (m) and Grade (g/t Au) — Historical Drilling Gold ( g/t Au) 0.000 < 0.30
Slide 28: Geophysics 2023
GEOPHYSICS 2023 EMPEROR METALS v¥ A 424 line-km aeromagnetic geophysical survey comprising of 14.5 km2 was completed at the Duquesne West Gold Project in February 2024. v The survey enhances Emperor's exploration strategy by refining geological models and targeting capabilities for gold deposition.
Slide 29: Company Comparable Analysis
COMPANY COMPARABLE ANALYSIS vad EMPEROR METALS 250.00 5 200.00 =] o ew 150.00 at Zz 6Y a 100.00 vo x G > 50.00 ; 0.00 Emperor Metals Maple Gold Mines 03 Mining Amex Exploration —_ Mayfair Gold Probe PROJECT Duquesne West Douay Marban Perron Fenn-Gib Novador Rouyn-Noranda Val-d'Or Val-d'Or Rouyn-Nora
Slide 30: Option Agreement Payments and Work Commitments
Work Work Year Due Date Cash Shares Commitment Commitment Date *
Slide 31: Option Agreement Cost/Ounce - CAD
vad OPTION AGREEMENT COST/OUNCE - CAD EMPEROR METALS $/oz Current Cost L $/oz Short Term Vision — $/oz Long Term Vision —> $20 $18 $16 $14 $12 $10 $8 wi vv z 5 C) ~ Q < wl 3) a a $6 $4 $2 $0 31
Slide 32: Drilling Costs Differentials
ee . . ad Drilling Costs Differentials EMPEROR METALS Drilling Costs Differentials Savings Realized 250,000 Location, Location, Location Development Plan: 100,000 m Drilling 200,000 Savings of $25 Million! Option Cash Payment: $10 Million B 150,000 6 2 2 $B 200,000 Pann nnn nnn nnn nnn ~~ ---------2
Slide 33: Historical Mineral Resource Estimate Note
✔ ✔ ✔ ✔ ✔ ✔ *Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was constructed prior to the most recent Canadian Institute of Mining and Metallurgy (CIM) standards (2014) and guidelines (2019) for mineral resources. In addi
Slide 34: Contact Us
ad EMPEROR METALS Contact Us John Florek President, CEO & Director (<) JohnF@emperormetals.com 807.228.3531 Alex Horsley © Head Office Corporate Development & Director ~ 10545 45 Avenue, NW 250 Southridge, Suite 300 (j AlexH@emperormetals.com Edmonton, Alberta ) 778.323.3058 Canada, T6éH 4M9 € emper
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