Peloton Minerals Corp. · CSE:PMC

Peloton Minerals — Investor Presentation (March 2023)

44 slides from Peloton Minerals's investor presentation, March 2023

  1. Slide 1: Breaking Through the Leading Edge!

    Breaking Through the Leading Edge! www.pelotonminerals.com March, 2023

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement Cautionary Statement on Forward-Looking Information & Statements The following presentation may include certain “forward-looking statements” within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements

  3. Slide 3: Capital Structure

    Capital Structure Capital Structure Exchange Listings Recent Share Price CAD $0.12 Canada ~ 52 Week Low-High CAD $0.03-$0.15 Canadian Securities Exchange (CSE) Shares Outstanding 118.9 million CSE Symbol: PMC Market Capitalization CAD $14 million United States ~ Over the Counter Qualifying Board (OT

  4. Slide 4: Board of Directors and Management

    Board of Directors and Management* John F. O’Donnell, BA (Economics), LLB, Chairman of the Board Edward (Ted) L. Ellwood, MBA, President & CEO, Director Eric Plexman, CFO & Corporate Secretary, Director Paul Teodorovici, VP Business Development, Director Richard C. Capps, PhD, RPG, SME Reg. Geo., Se

  5. Slide 5: Peloton is an Explorer not a Miner

    Peloton is an Explorer not a Miner Focus: ▪ Adding value at the exploration stage of the mine life cycle Objective: ▪ To attract the interest and participation of major mining companies for the later development stages of that mine life cycle Strategy: ▪ To concentrate on projects with criteria attr

  6. Slide 6: Strong Portfolio of Copper & Gold Projects

    Strong Portfolio of Copper & Gold Projects ▪ Copper Porphyry project near Butte, Montana, home of the largest copper porphyry mine ever discovered in North America ➢ The property is underexplored and considered cogenetic with Butte ▪ Three Carlin Style gold exploration projects in Elko County, Nevad

  7. Slide 7: Copper Outlook – A Growing Long Term Supply Gap

    Copper Outlook – A Growing Long Term Supply Gap Source: Mining.com

  8. Slide 8: Boulder Copper Porphyry Property, Jefferson County, MT

    Boulder Copper Porphyry Property, Jefferson County, MT Background & Upcoming Transaction: Peloton acquired the Boulder Copper Porphyry Property (“Boulder Property”) in late August 2021 through its subsidiary Celerity Mineral Corporation (“Celerity”) Peloton plans to spin Celerity out as its own self

  9. Slide 9: Boulder Property Location

    Boulder Property Location Boulder Copper Porphyry Property

  10. Slide 10: World Class Potential

    World Class Potential With a Large Land Position, Infrastructure, and Low Geo-Political Risk • World-class potential copper porphyry system - based on geophysics, volume of porphyry alteration drilled to date, and geologic similarities to the Butte, Montana copper porphyry system and mine complex lo

  11. Slide 11: Great Falls Tectonic Zone (GFTZ)

    Great Falls Tectonic Zone (GFTZ) has an important relationship to both the Boulder Property and to Butte • The GFTZ is a continental scale, deep-seated, structural zone of crustal weakness that appears to have been intermittently active since the late Proterozoic (1.4 billion years ago) and at times

  12. Slide 12: Regional Geology

    Regional Geology The Boulder Batholith Hosts the Boulder Property, Butte and Montana Tunnels • The Boulder Batholith (shown in purple) is an igneous mass of largely quartz monzonite and granite covering about 1,900 square miles • The Boulder Batholith hosts the Boulder Property, the Butte deposits,

  13. Slide 13: Regional Magnetic Map of the Boulder Batholith, USGS, 1965

    Regional Magnetic Map of the Boulder Batholith, USGS, 1965 The Butte, the Boulder Property, and the Montana Tunnels all occur within the Boulder Batholith and: • Lie within a major magnetic low running for about 36 miles (red outline) • Have a more pronounced magnetic low immediately to the SE of ea

  14. Slide 14: Butte Production – 1880 to 2005

    Butte Production – 1880 to 2005* Butte was the largest copper porphyry mine ever discovered in North America Butte Production - 1880 to 2005* 9.6 million tonnes Copper 2.1 million tonnes Zinc 1.6 million tonnes Manganese 381,000 tonnes Lead 87,000 tonnes Molybdenum 22,200 tonnes Silver 90 tonnes Gol

  15. Slide 15: Boulder Property Exploration History

    Boulder Property Exploration History 1965 • USGS publishes regional magnetic data over the Boulder Batholith showing three major magnetic lows near Butte, the Boulder Property and Montana Tunnels 1965-77 • Anaconda Company and Molycorp drill several deep holes at the Boulder Property based on the re

  16. Slide 16: Historic Drilling Encountered Very Thick Widths of Porphyry Alteration

    Historic Drilling Encountered Very Thick Widths of Porphyry Alteration and Continuous Mineralization For Comparative Purposes: The CN Tower in Toronto is 1,818 feet high Hole Total From To Width Cu No.* Depth (ft) (ft) (ft) (ppm) A-1 1,255 0 1,255 1,255 900 A-2 2,425 811 2,425 1,614 1,000 A-3 2,274

  17. Slide 17: Simplified Copper Porphyry Exploration Model

    Simplified Copper Porphyry Exploration Model Historical drilling is interpreted to have intersected distal propylitic or phyllic zones 2005-2006 – Extensive geophysical surveys identified targets within the porphyry system that were never drilled. These surveys included a Quantec Titan 24 survey, tw

  18. Slide 18: Boulder Property Known Locations of Porphyry

    Boulder Property Known Locations of Porphyry (in drill holes and outcrop) Green dots or stars – distal porphyry alteration Red dots or stars – proximal porphyry alteration Note the distance scale below. Porphyry intersections are up to 6 km apart

  19. Slide 19: Boulder Property Showing Inferred Porphyry Alteration Facies

    Boulder Property Showing Inferred* Porphyry Alteration Facies Green – Propylitically altered porphyry Pink – Potassic with Phyllic overprint alteration * Inferred from historic drill hole locations and logs, plus two porphyry outcrops

  20. Slide 20: Butte Main-Stage Veins Within the Surrounding Lower Grade Copper Halo

    Butte Main-Stage Veins Within the Surrounding Lower Grade Copper Halo The Annaconda vein: 40 MT @ 4.5% Cu, 5 oz/t Ag (ie 1.8 million tonnes Cu, 200 million oz Ag) 95% of the metal produced at Butte came from ‘Main-Stage’ veins Samples of high grade copper (‘Main-Stage’ material) were obtained from t

  21. Slide 21: Historic IP Geophysical Models On the Boulder Property Were Never Drilled

    Historic IP Geophysical Models On the Boulder Property Were Never Drilled Strategy: To use the Crone Pulse EM geophysical system to prioritize targets within the IP data

  22. Slide 22: Geological Similarities Between the Butte Mine and the Boulder Property

    Geological Similarities Between the Butte Mine and the Boulder Property Geological Similarities Between the Butte Boulder Butte Late Cretaceous ageMine and by and hosted the theBoulder Property same phase of the Boulder Batholith (the Butte Quartz Monzonite) Similar structural settings that elongate

  23. Slide 23: Nevada Project Locations

    Nevada Project Locations po Texas Canyon \e 2) Golden Trail Newmont's Long Canyon » 5 % Independence Valley gn anon SCALE ——— 100 miles (160 kilometers) ARIZONA PELOTON CSE Symbol: PMC MINERALS CORPORATION OTCQB Symbol: PMCCF Breaking Through the Leading Edge! www.pelotonminerals.com

  24. Slide 24: World Gold Production vs. Nevada

    World Gold Production vs. Nevada Metric Tonnes (2021) 1. China 370 2. Australia 330 3. Russian Federation 300 4. U.S.A. 180 5. Canada 170 (ie) If Nevada were a 6. Ghana 130 country it would be the 6th Nevada largest gold producing Nevada 130 country in the world. 7. South Africa 100 8. Uzbekistan 10

  25. Slide 25: Nevada Gold Project Summary

    Nevada Gold Project Summary Refer to Appendix and www.pelotonminerals.com for greater detail Golden Trail, Elko County, Nevada ✓ Gold-Silver Carlin style exploration stage project ✓ Located on the NE margin of the Long Canyon Gold Trend, NV ✓ Featured at the 2015 Geologic Society of Nevada (GSN) Sym

  26. Slide 26: Steps Forward

    Steps Forward • Process the data from a 2022 geophysical survey on the Golden Trail Project, Nevada and report results • Process the data from a 2022 geophysical survey on the Boulder Copper Project, Montana and report results • Complete and publish an NII 43-101 technical report on the Boulder Copp

  27. Slide 27: Corporate Inquiries

    CSE Symbol: PMC Corporate Inquiries OTCQB Symbol: PMCCF Edward (Ted) Ellwood Paul Teodorovici President & CEO VP Business Development T: 519-964-2836 T: 514-582-2282 ted@pelotonminerals.com paul@pelotonminerals.com

  28. Slide 28: Appendix

    Appendix Detailed Technical Information Available At www.pelotonminerals.com

  29. Slide 29: Significant Mining Activity Is Underway In Montana

    Significant Mining Activity Is Underway In Montana • Barrick’s Golden Sunlight Mine, Montana plans to extend operations through construction of a tailings reprocessing plant • Hecla Completes Acquisition of Revett Mining Company, Inc. • High Power Exploration Inc. (Robert Friedland) signs $44.5 mill

  30. Slide 30: Board of Directors and Management

    Board of Directors and Management John F. O’Donnell, BA (Economics), LLB Edward L. Ellwood, MBA Eric Plexman Chairman of the Board President, CEO CFO & Corporate Secretary Mr. Plexman has 40 years experience serving Mr. O’Donnell practices law in Toronto and is Mr. Ellwood is an entrepreneur special

  31. Slide 31: Board of Directors and Management

    Board of Directors and Management Kent Britton, BA (Economics) Clifford Wiebe Director Director Mr. Britton is co-owner of a rapidly growing environmental Mr. Wiebe is an IT consultant specializing in and waste management company servicing the Alberta oil cloud based technology systems and business

  32. Slide 32: Golden Trail, Elko County, NV

    Golden Trail, Elko County, NV

  33. Slide 33: Golden Trail, Elko County, NV

    Golden Trail, Elko County, NV Featured Carlin style project at the 2015 Geologic Society of Nevada (GSN) Symposium • Golden Trail is 100% owned, with no royalties outstanding, and is comprised of a 909 acre claim package • Located on the Long Canyon Gold Trend about 80 km north of the Long Canyon Ba

  34. Slide 34: Golden Trail, Elko County, NV

    Golden Trail, Elko County, NV January 2021 - Drilling Targeted Hydrothermal Alteration Anomalies at the Inflection Point of a Major Gravity Anomaly Underlying the Golden Trail – Confirmed Hydrothermal Alteration and Mineralization Extends to Depth Gravity Anomaly (light pink) Hydrothermal Alteration

  35. Slide 35: Independence Valley, Elko County, NV

    Independence Valley, Elko County, NV

  36. Slide 36: Independence Valley, Elko County, NV

    Independence Valley, Elko County, NV Untested Rhyolite Dome Situated on Mapped Faults Rhyolite (orange) Faults Paleozoic Limestone Discovered by Peloton geologic mapping (previous USGS maps showed limestone)

  37. Slide 37: Independence Valley, Elko County, NV

    Independence Valley, Elko County, NV Independence Valley hosts the largest untested Rhyolite Dome in the Spruce Mountain Mining District • Carlin style project comprised of 785 acres and located on the Carlin Gold Trend about 79 kilometers southwest of the Long Canyon Barrick-Newmont Joint Venture.

  38. Slide 38: Independence Valley, Elko County, NV

    Independence Valley, Elko County, NV • The first hole on this property (late 2019) targeted a potential • Plan Map of total magnetic intensity for the project down-dropped east limb of a NNW trending antiform. The area. Modelled rhyolite structures in red and orange. hole direction (shown below with

  39. Slide 39: Texas Canyon, Elko County, NV

    Texas Canyon, Elko County, NV

  40. Slide 40: Texas Canyon, Elko County, NV

    Texas Canyon, Elko County, NV Texas Canyon is centered on a major boundary fault between mineralized Paleozoic limestone and post-mineral Tertiary geologic units. A major Carlin style hydrothermal anomaly is present at surface • Texas Canyon is 100% owned, with no royalties outstanding, and is compr

  41. Slide 41: Texas Canyon, Elko County, NV

    Texas Canyon, Elko County, NV The yellow circles on each diagram are the planned drilling area Polyphase Hydrothermal Breccia Radiometric Anomaly

  42. Slide 42: Silver Bell & St. Lawrence ("SBSL"), MT

    Silver Bell & St. Lawrence (“SBSL”), MT

  43. Slide 43: Silver Bell & St. Lawrence ("SBSL"), MT

    Silver Bell & St. Lawrence (“SBSL”), MT AFR NuVenture Resources Inc. (AFR) may earn a 75% interest by making annual option payments and spending US$2,000,000 within six years from March, 2018. SBSL AFR conducted an initial US$200,000 drilling program in the Property fall of 2019 intersecting up to 3

  44. Slide 44: SBSL 2019 Drilling Results

    SBSL 2019 Drilling Results Au Ag Interval Intercept ID From (m) To (m) grams/met grams/metri Host* (m) ric Tonne c Tonne SL19-1C 15.5 16.5 0.91 2.7 106.0 qvbx SL19-2C 17.2 17.8 0.61 2.0 32.0 qfg-qvbx SL19-4C-1 39.2 41.3 2.1 3.3 40.6 Qv SL19-4C-2 47.2 49.1 2.0 2.3 57.6 qv-qfg SL19-5C 47.5 50.3 2.8 2.

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