Peloton Minerals Corp. · CSE:PMC
Peloton Minerals — Investor Presentation (November 2023)
26 slides from Peloton Minerals's investor presentation, Nov 15, 2023
Slide 1: North Elko Lithium Project
North Elko Lithium Project www.pelotonminerals.com November 2023
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
Slide 3: North Elko Lithium Project
North Elko Lithium Project • Peloton recently identified smectite – hectorite - illite clays in outcrop on Peloton’s North Elko Lithium Project using hyperspectral mineralogy mapping technology • Smectite – hectorite – illite clays are the predominant lithium bearing minerals in Northern Nevada • In
Slide 4: North Elko Lithium Project
North Elko Lithium Project • 408 claims (8,160 acres) comprised of three claim blocks: • Texas Canyon (“TC”) (44 claims – 880 acres) • Emigrant Springs (“ES”) (320 claims – 6,400 acres) • Golden Trail (“GT”) (44 claims – 880 acres) • 100% owned with no royalties • Two blocks are bonded for drilling
Slide 5: North Elko Lithium Project Location
North Elko Lithium Project Location 408 Claims (8,160 acres) in NE Nevada immediately adjacent to Surge Battery Metals Inc. lithium discovery
Slide 6: Peloton & Surge Ground Positions
Peloton & Surge Ground Positions
Slide 7: The Adjacent Surge Lithium Discovery
The Adjacent Surge Lithium Discovery • In December 2022 and January 2023, Surge announced results from a maiden drill program on claims immediately adjacent and tied onto Peloton • Highlights included: • Multiple drill intersections of between 1,000 and 5,000 ppm lithium • Thicknesses of between 10
Slide 8: Peloton Conducted an Airborne Hyperspectral Mineralogy Mapping Survey in NE Nevada
Peloton Conducted an Airborne Hyperspectral Minerology Mapping Survey in NE Nevada Covering 100 Square Kilometers in 2016 2016 – Processed the hyperspectral data 2023 – Re-processed the hyperspectral filtering for intense hydrothermal data filtering for a suite of clay & lithium alteration minerals:
Slide 9: Smectite-Hectorite-Illite Clay Outcrops Across Peloton Property
Smectite - Hectorite - Illite Clay Outcrops Across Peloton Property Suggests a Widespread Near Surface Clay Layer Smectite - Hectorite - Illite Clay Outcrops (pixels) Smectite - Hectorite - Illite Clay Outcrops (pixels)
Slide 10: Regional Geologic Map with North Elko Lithium Project Claim Boundaries
Regional Geologic Map* with North Elko Lithium Project Claim Boundaries * Compilation: • Elko County Digital Geology Map • Nevada Bureau of Mines and Geology • Peloton Geologic Mapping
Slide 11: Texas Canyon Claim Block
Texas Canyon Claim Block (North Elko Lithium Project) 44 Claims – 990 Acres Clay Occurrence Map Geology Map The pixels (dots) are areas where the clays have been exposed from the overburden. This suggests a near- surface clay layer that is quite widespread.
Slide 12: Emigrant Springs Claim Block
Emigrant Springs Claim Block (North Elko Lithium Project) 320 Claims – 6,400 Acres Clay Occurrence Map Geology Map The pixels (dots) are areas where the clays have been exposed from the overburden. This suggests a near-surface clay layer that is quite widespread.
Slide 13: Golden Trail Claim Block
Golden Trail Claim Block (North Elko Lithium Project) 44 claims – 990 acres The pixels (dots) are areas where the clays have been exposed from the overburden. This suggests a near-surface clay layer that is quite widespread. Clay Occurrence Map Geology Map
Slide 14: Program and Budget (USD)
Program and Budget (USD) Continue staking key areas based on the hyperspectral survey $121,000 Follow-on surface exploration of smectite-hectorite-illite clays identified through hyperspectral mapping, including spectrometry, XRD, sampling, $26,000 assaying and mapping Re-assay previous soil geochem
Slide 15: Capital Structure
Capital Structure Capital Structure Exchange Listings Recent Share Price CAD $0.11 Canada ~ 52 Week Low-High CAD $0.05-$0.15 Canadian Securities Exchange (CSE) Shares Outstanding 123 million Symbol: PMC Market Capitalization CAD $13.5 million United States ~ Over the Counter Qualifying Board (OTCQB)
Slide 16: Board of Directors and Management
Board of Directors and Management John F. O’Donnell, BA (Economics), LLB Edward L. Ellwood, MBA Eric Plexman Chairman of the Board President, CEO CFO & Corporate Secretary Mr. Plexman has 40 years experience serving Mr. O’Donnell is a businessman and lawyer Mr. Ellwood is an entrepreneur specialized
Slide 17: Board of Directors and Management
Board of Directors and Management Kent Britton, BA (Economics) Clifford Wiebe Director Director Mr. Britton is co-owner of a rapidly growing environmental Mr. Wiebe is an IT consultant specializing in and waste management company servicing the Alberta oil cloud-based technology systems and business
Slide 18: Corporate Inquiries
CSE Symbol: PMC Corporate Inquiries OTCQB Symbol: PMCCF Edward (Ted) Ellwood Paul Teodorovici President & CEO VP Business Development T: 519-697-2313 T: 514-582-2282 Paul.Teodorovici@gmail.com Tedellwood@gmail.com Investment Banker: Auditor: IBK Capital Corp. RSM, Chartered Accountants T: (416) 480-
Slide 19: Appendix
Appendix Detailed Technical Information Available At www.pelotonminerals.com
Slide 20: Thacker Pass Mineral Resource Model
Thacker Pass Mineral Resource Model (Lithium in Smectite and Illitic Clays)
Slide 21: Thacker Pass Feasibility Highlights
Thacker Pass Feasibility Highlights* November 2, 2022 – ($ US Dollars) Measured & Average Li (ppm) Lithium Carbonate Indicated (Mt) Equivalent (Mt) 1,457 2,070 16.1 Mine Life - 40 years Mining & Process - Open Pit, Acid Leach Metallurgical Recovery - 73.2 % Development Cap-X in 2 Phases - $3,996 M E
Slide 22: Thacker Pass Process Flow Chart
Thacker Pass Process Flow Chart (Lithium in Smectite and Illitic Clays)
Slide 23: Additional Peloton Projects
Additional Peloton Projects Refer to www.pelotonminerals.com for greater detail Independence Valley, Elko County, Nevada ✓ Gold-Silver exploration stage project ✓ Located on the Carlin Gold Trend, NV ✓ Permitted & bonded for drilling Silver Bell – St. Lawrence, Montana ✓ Gold-Silver exploration stag
Slide 24: Texas Canyon Claim Block
Texas Canyon Claim Block Portal for the Prince Mine on Texas Canyon – 1950’s – High grade Uranium Average grade 1% Uranium with samples up to 7% Uranium
Slide 25: Texas Canyon Claim Block Features Polyphase Hydrothermal Breccia
Texas Canyon Claim Block Features Polyphase Hydrothermal Breccia Prince Mine - 1950’s Average grade 1% Uranium with samples up to 7% Surge Lithium discovery is immediately west of the Prince Mine (estimated at about 3 kilometres west)
Slide 26: Texas Canyon Claim Block Features Breccia Pipes Along the Margin of a Caldera
Texas Canyon Claim Block Features Breccia Pipes Along the Margin of a Caldera Several Breccia pipes along the margin of a Caldera None have been drilled One of the Breccia pipes hosted the Prince Mine which produced 1% Uranium in the 1950’s The adjacent lithium and the uranium mineralization are lik
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