Quebec Precious Metals Corporation
Quebec Precious Metals — Investor Presentation (November 2023)
32 slides from Quebec Precious Metals's investor presentation, November 2023
Slide 1: Top Tier Gold, Lithium & Rare Earth Assets
Sakami -Sakami Gold Gold & Lithium Kipawa Kipawa – Rare Earths Rare Earths Advancing Québec’s TOP TIER GOLD, LITHIUM & RARE EARTH ASSETS CORPORATE PRESENTATION - FALL, 2023
Slide 2: Forward Looking Statements
Forward Looking Statements This document includes forward -looking statements. Often, but not always, forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or
Slide 3: Environmental Social Governance Commitment
Environmental Social Governance Commitment We acknowledge that the territories in which we have exploration projects are the unceded lands of the Crees of Eeyou Istchee and the Algonquin First Nations of the Kipawa Lake Watershed in Quebec. Our company’s commitment is to engage with the peoples of t
Slide 4: Strong shareholder support
Strong shareholder support AS OF NOVEMBER 17TH, 2023 Closing price $0.08 Market cap $8 M Working capital incl. cash $1.5 M $2.7 M Shares outstanding (Fall 2023) 94,284,042 Options @ $0.10 to $0.61 7,230,000 KEY SHAREHOLDERS Management & insiders including 16% Newmont Corporation Québec Institutions
Slide 5: Company highlights
Company highlights GOLD & LITHIUM RARE EARTHS q Highly prospective land package (697 km2) located in the q Kipawa (68% QPM, 32% Investissement Quebec) emerging James Bay gold mining camp ü heavy rare earth elements (HREE) project, q Sakami: ü historical spent $37 M, ü 23-km long trend with up to 500
Slide 6: Management and Corporate
Management and Corporate Normand Champigny Chief Executive Officer Étienne Gouin-Proulx Corporate Development Manager https://www.linkedin.com/in/normandchampigny/ https://www.linkedin.com/in/etienne-gouin-proulx-cfa-cep-a10436a8/ Mr. Champigny is a geological engineer with extensive experience with
Slide 7: Independent Directors
Independent Directors James Shannon Chair of the Board and Director Geneviève Ayotte Director https://www.linkedin.com/in/james-shannon/ https://www.linkedin.com/in/genevieve-ayotte-cpa/ Mr. Shannon, M.Eng, MBA, CIM is a registered portfolio manager with over twenty Ms. Ayotte, CPA, currently holds
Slide 8: James Bay Region – Sakami Project and Éléonore Mine
James Bay Region – Sakami Project and Éléonore Mine Trans-Taiga Road Chisasibi Radisson Sakami BLANCHE AND CHARLES (SOLD TO CHAMPION ELECTRIC METALS) SAKAMI Wemindji CHEECHOO – ÉLÉONORE TREND NEW ELMER DISCOVERY ÉLÉONORE MINE (NEWMONT CORPORATION) (AZIMUT – PATWON PROSPECT) ELMER EAST Eastmain Billy
Slide 9: James Bay Region – Comparable to Abitibi gold mining camp & emerging lithium district
James Bay Region – Comparable to Abitibi gold mining camp & emerging lithium district q Well-developed infrastructure q Proximity to Éléonore Mine q Access to hydroelectric power q Engagement with local Cree communities TSX-V: QPM | OTCQB: CJCFF 9
Slide 10: Sakami Project – The most promising regional discoveries
Sakami Project – The most promising regional discoveries KEY RESULTS CHARLES SAKAMI 1.15 g/t Au over 80.1 m Incl. 2.21 g/t Au over 25 m (D) BLANCHE 6.40 g/t Au over 13 m (D) SAKAMI 26.35 g/t Au over 11 m (D) 6.40 g/t Au over 13 m (D) 1.45 g/t Au over 35.4 m (D) Sold to Champion Electric Metals for s
Slide 11: Sakami Project – Established infrastructure
Sakami Project – Established infrastructure ADJACENT HYDROELECTRIC POWER LINES AND ROAD ACCESS CHISASIBI WEMINDJI (150km) RADISSON (130km) (80km) Geological sub-province contact La Grande LA POINTE & LA POINTE EXTENSION SAKAMI RESERVOIR Opinaca TSX-V: QPM | OTCQB: CJCFF 11
Slide 12: Sakami Project – Geological setting & magnetic footprint
Sakami Project – Geological setting & magnetic footprint q 23-KM LONG MINERALIZED TREND between sediments and volcanics between La Grande and Opinaca geological sub-provinces q SHARP & WELL-DEFINED MAGNETIC FOOTPRINT along trend q Work to date focused on 4.7 KM along the contact with the presence of
Slide 13: Sakami Project – Regional geology
Sakami Project – Regional geology q Volcano-sedimentary (La Grande) and sedimentary (Opinaca) rocks, metamorphosed to amphibolite facies similar to the Éléonore mine q MINERALIZED TREND oriented WSW-ENE q Lithologies: SILICIFIED PARAGNEISS with intrusions, amphibolite q Gold-bearing horizon UP TO 75
Slide 14: Sakami Project – La Pointe & La Pointe Extension deposits
Sakami Project – La Pointe & La Pointe Extension deposits 372 000 373 500 375 000 376 000 Sakami Reservoir ¯ 950 m 5 895 000 5 895 000 La Pointe deposit Section A 80 50 20 0m 10 50 2, 5 La Pointe Extension deposit 2.5 Section B 1 m 750 Estimated true thickness (m) 3, x g/t Au 5 893 500 5 893 500 Leg
Slide 15: Sakami Project – La Pointe deposit
Sakami Project – La Pointe deposit LA POINTE DEPOSIT Section A EX-10: 2.51 g/t Au over 54.65 m incl. 3.52 g/t Au over 14 m EX-19: 9.22 g/t Au over 12.55 m incl. 11.82 g/t Au over 8.45 m EX-22: 4.16 g/t Au over 21 m incl. 6.4 g/t Au over 12.67 m PT-13-67: 3.78 g/t Au over 27.95 m incl. 4.01 g/t Au ov
Slide 16: La Pointe Extension – Keeps expanding
La Pointe Extension – Keeps expanding Section B q 47 holes drilled along trend q 14,535 m drilled since the 2020 discovery SW NE 0m 0m PT-20-166 PT-20-175 PT-20-161 PT-20-163 0.61 / 21.0 0.76 / 4.5 PT-20-171 PT-20-170 PT-21-177 0.62 /31.0 PT-20-162 0.70 / 68.5 PT-20-169 0.32 / 35.8 0.82 / 37.5 OPEN
Slide 17: Sakami Project – Induced Polarization survey & new drill targets
Sakami Project – Induced Polarization survey & new drill targets q Interpreted 2.5 KM-LONG MINERALIZED INTRUSIVE along gold-bearing trend q STRONG COINCIDENT IP and soil anomalies q 2023 drilling to test targets with potential for MULTI-MILLION OUNCE DEPOSIT TSX-V: QPM | OTCQB: CJCFF 17
Slide 18: Elmer East Project – Lloyd discovery
Elmer East Project – Lloyd discovery q ALONG TREND with Azimut’s Patwon discovery B566236 q WORK COMPLETED TO DATE: § Airborne & orthophoto surveys § Targeting study 0,331 g/t Au § Grab & channel sampling § Vein characterization 1,98 % Zn 13,55 g/t Au 1,89 g/t Au 0,884 g/t Au B565106 B565107 B565112
Slide 19: Lloyd Discovery – 4.2 km-long mineralized trend
Lloyd Discovery – 4.2 km-long mineralized trend Legend q Several gold discoveries, Priority target expanding trend from 60 m to 4,200 m Assays (g/t Au) q Open in all directions q Next phases of work: § Induced polarization survey § Drilling 2020 LLOYD DISCOVERY 2021 DISCOVERY (2021) 17.75 g/t Au, 8.
Slide 20: Lithium Potential – James Bay
Lithium Potential – James Bay q August 2023 - Detailed lithium targeting completed by ALS GoldSpot Discoveries Ltd. q High priority target areas totalling 125 km2 identified with pegmatite rocks on all projects q October 2023 - Follow-up field program to sample pegmatites and new spodumene discovery
Slide 21: Lithium Discovery – Elmer East project, James Bay
Lithium Discovery – Elmer East project, James Bay Ninaaskumuwin Spodumene Prospect Looking Southeast Shallowly Dipping Open Near Surface Lower Contact (236/29°) Ninaaskumuwin spodumene and at Depth to the Northeast discovery (Under Marsh) q About 1km from Billy Diamond paved highway Open at Depth to
Slide 22: Lithium Discovery – Elmer East project, James Bay
Lithium Discovery – Elmer East project, James Bay TSX-V: QPM | OTCQB: CJCFF 22
Slide 23: Exposure to Lithium – Champion Electric Metals – James Bay
Exposure to Lithium – Champion Electric Metals – James Bay q In 2022, CHAMPION ELECTRIC METALS (CSE:ITKO) acquired 100% of the Blanche and Charles lithium pegmatite prospects in the Eeyou Istchee James Bay territory of Quebec from QPM. q In return, QPM obtained 12,000,000 COMMON SHARES OF CHAMPION E
Slide 24: Exposure to Lithium – Champion Electric Metals – James Bay
Exposure to Lithium – Champion Electric Metals – James Bay q CHAMPION ELECTRIC METALS’ work confirmed that the project contains favorable host rock and geotectonic setting - comparable to neighboring Corvette and Cancet lithium-bearing pegmatite deposits discovered by PATRIOT BATTERY METALS. q Ident
Slide 25: Rare Earths Project – Kipawa & Zeus
Rare Earths Project – Kipawa & Zeus TSX-V: QPM | OTCQB: CJCFF 25
Slide 26: Rare Earths Project – Kipawa & Zeus – $37 M Spent
Rare Earths Project – Kipawa & Zeus - $ 37 M Spent 68% QPM KIPAWA 32% Investissement Québec ZEUS 100% QPM LOCATION AND ACCESS q 22 claims (13 km2) q 51 claims (30 km2) q Lies in the Grenville geological province, approximately 55 km south of the geological q Toyotsu Rare Earth Canada holds 10% q No
Slide 27: Rare Earths Project – Block model
Rare Earths Project – Block model 2013 feasibility study prices (all rare earths) 124 m 1,500 m 2023 prices* (4 most economic rare earths: Nd203, Pr203, Tb203, Dy203) 124 m 1,500 m * Bloomberg prices as of February 2023 TSX-V: QPM | OTCQB: CJCFF 27
Slide 28: Rare Earths Project – Commodity overview
Rare Earths Project – Commodity overview q Crucial to green technologies (wind turbines & hybrid cars), magnets (synchronous motors), aircraft engines and specialty glass q Supply/demand imbalance ■ Currently in magnet heavy rare earth oxides will grow in demand ■ Required additional new mine produc
Slide 29: Kipawa – Comparison with peers
Kipawa – Comparison with peers Rare Element Commerce Search Ucore Rare Torngat Quebec Precious Company Metric Defense Metals Soquem Vital Metals NioCorp Resources Resources Minerals Metals Inc. Metals Metals Corporation Deep fox & Project (name) Wicheeda Bear Lodge Ashram Kwyjibo Bokan Mountain Nech
Slide 30: Rare Earths Project – 2023 Plan
Rare Earths Project – 2023 Plan q Our values: honesty, accountability, respect and transparency q Our priorities: ■ Forge lasting relationships with First Nations and key stakeholders ■ Understand local perceptions ■ Establish relationships with technical and commercial partners q Focus on reconcili
Slide 31: Why QPM Should Outperform its Peers?
Why QPM Should Outperform its Peers ? LOW DOWNSIDE Low market capitalization Sakami gold project: advancing towards resource estimate HIGH UPSIDE Sakami project: Extending deposit & testing a large intrusive target over 2.5 km Kipawa and Zeus rare earths project: significant economic value James Bay
Slide 32: Normand Champigny, Étienne Gouin-Proulx contact details
Normand Champigny Étienne Gouin-Proulx Chief Executive Officer Manager, Corporate Development T: 514-979-4746 T:438-492-2427 E: nchampigny@qpmcorp.ca E: egouinproulx@qpmcorp.ca 1080 Côte du Beaver Hall, Suite 2101, Montreal, Quebec H2Z 1S8 www.qpmcorp.ca
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