Harfang Exploration, Inc. · TSXV:HAR

Harfang Exploration — Investor Presentation (November 2022)

22 slides from Harfang Exploration's investor presentation, November 2022

  1. Slide 1: Corporate Presentation | November 2022

    Corporate Presentation | November 2022 TSXV:HAR

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS This presentation contains forward-looking information within the meaning of applicable securities legislation, which reflects the Corporation’s current expectations regarding future events. Such statements can be recognized by the terms “forecast”, “anticipate”, “consider

  3. Slide 3: Harfang: A Discovery Driven Exploration Company

    HARFANG: A Discovery Driven Exploration Company Experienced Management and Board Technically Driven Business Approach Team of industry professionals with a track Systematic science driven, boots on the record of success in exploration and business ground approach targeting prospective development me

  4. Slide 4: Strong Leadership Team, Success Driven Track Record

    Strong LEADERSHIP TEAM Success Driven Track Record MANAGEMENT TEAM BOARD OF DIRECTORS Ian Campbell Jean-Pierre Janson Ian Campbell President and Chief Director, Chair Director Executive Officer • Chairman of Midland Exploration • Former President and CEO of • Former Managing Director at Temex Resour

  5. Slide 5: Prospective Portfolio in Québec and Ontario

    Prospective Portfolio in Québec and Ontario RAGLAN MINE High-Grade Gold Projects Kuujjuaq Serpent-Radisson (Au) Blakelock (Au) Lake Aulneau • District Scale gold discovery • Strategically located along the Casa Berardi trend • Over 50 gold showings discovered • Drilling results include 10.9 g/t Au o

  6. Slide 6: Our Projects in Eeyou Istchee James Bay

    Our Projects in Eeyou Istchee James Bay TSXV:HAR harfangexploration.com 6

  7. Slide 7: Serpent-Radisson: Developing a District-Scale Gold Play

    Serpent-Radisson: Developing a District-Scale Gold Play § Discovery of >50 gold showings on Serpent and Radisson properties since 2017 ü Up to 340 g/t Au (grab), 7.78 g/t Au over 6.15 m (channel), and 1.64 g/t Au over 22.40 m and 4.09 g/t Au over 8.00 m (DDH) § Numerous newly-discovered high-grade g

  8. Slide 8: Serpent-Radisson: Drilling Confirms Gold Zones Inside the Gold-in-till Anomaly

    Serpent-Radisson: Drilling Confirms Gold Zones Inside the Gold-in-till Anomaly Most Significant Intervals in 2021 § Significant gold intervals were DDH on Serpent and Radisson hit by drill holes up-ice from the (g/t x m >20) gold-in-till anomaly LXR-001: 1.64 g/t Au / 22.40 m incl. 2.69 g/t Au / 11.

  9. Slide 9: Serpent-Radisson: Polymetallic Mineralization at Mista (Cu-Au-Ag)

    Serpent-Radisson: Polymetallic Mineralization at Mista (Cu-Au-Ag) Looking West 0.59% Cu, 0.25 g/t Au, 6.42 g/t Ag over 5.60 m (Channel) 0.59% Cu, 0.21 g/t Au, 7.66 g/t Ag over 2.05 m (Channel) § Cu-Au-Ag at surface identified over 350 m § IP chargeability axis at least 650 m long MAIN TRENCH 1.00% C

  10. Slide 10: Serpent-Radisson: Advancing to the Next Phase

    Serpent-Radisson: Advancing to the Next Phase § Compilation and interpretation of structural and geologic framework of the main gold corridor § Analysis of the provenance of the gold- in-till and gold-in-soil anomalies § Follow-up of the Mista Cu-Au-Ag occurrence § Reconnaissance exploration where l

  11. Slide 11: The Menarik Projects: High-grade Gold and Polymetallic Opportunity

    The Menarik Projects: High-grade Gold and Polymetallic Opportunity § Two Contiguous Projects 100% Harfang: Lake Menarik (304 claims; 15,627 ha), Menarik East (64 claims; 3,289 ha); good access via the Billy-Diamond Highway, trails and lakes § Lake Menarik: gold associated with monzonite and surround

  12. Slide 12: Lake Menarik: Monzonite-associated and Mesothermal Lode Gold

    Lake Menarik: Monzonite-associated and Mesothermal Lode Gold § Highly prospective geology 1,918 g/t Au ü Reminiscent of that of Timmins, Kirkland Lake and Matachewan gold camps; strong similarities with the pe Pierre Monzonite g -ty Egan project Historical DDH Area amin ate isk er ü Only 17 shallow

  13. Slide 13: Lake Menarik: Striking Similarities with Monzonite-associated Gold Deposits

    Lake Menarik: Striking Similarities with Monzonite (Syenite)-associated Gold Deposits Timiskaming-Type Conglomerate Robert et al. (2001) Syenite Robert et al. (2001) Strong alteration in hematite, chlorite, silica, sericite and carbonate in the monzonite Brecciated monzonite with sericite, chlorite

  14. Slide 14: Menarik East: Mafic/Ultramafic Polymetallic Play

    Menarik East: Mafic/Ultramafic Polymetallic Play *These estimates do not refer to any category of mineral resources or mineral reserves of the NI-43-101 such as stated in the 2014 CIM Definition Standards on Mineral Resources and Mineral Reserves. These estimates are treated § Menarik mafic-ultramaf

  15. Slide 15: Egan: Syenite-associated Discovery Gold Between Timmins and Kirkland Lake

    Egan: Syenite-associated Discovery Gold Between Timmins and Kirkland Lake § Central to Timmins, Kirkland Lake and Matachewan gold camps § Multiple high-grade gold occurrences at surface (up to 105 g/t Au; 7.7 g/t Au over 3 m) § 454 claims (11,720 ha), 100% Harfang § Good access along new logging roa

  16. Slide 16: Egan: Gold-in-Soil Cluster and New High-grade Gold Occurrences in 2022

    Egan: Gold-in-Soil Cluster and New High-grade Gold Occurrences in 2022 E1: Grab Samples - 47.6 g/t Au - 57.1 g/t Au - 67.2 g/t Au - 105.0 g/t Au Composite Chip Samples -7.7 g/t Au over 3 m -2.8 g/t Au over 4 m 2022 Grab Samples 1,520 ppb -5.51 g/t Au (soil) (float) -25.0 g/t Au (outcrop) SYENITE 1,9

  17. Slide 17: Blakelock: Multiple High-grade Gold Targets

    Blakelock: Multiple High-grade Gold Targets § 340 claims (6,977 ha) strategically covering 15 km along the Casa-Berardi Deformation Zone (CBDZ) § Historical drill intersections include 10.90 g/t Au and 97.5 g/t Ag over 10.25 m and 6.16 g/t Au and 17.7 g/t Ag over 4.55 m § Recently completed airborne

  18. Slide 18: Lake Aulneau: Among the Largest Cu-Ni-PGE Prospects in the Labrador Trough

    Lake Aulneau: Among the Largest Cu-Ni-PGE Prospects in the Labrador Trough § 7 Cu-Ni-PGE prospects in the Labrador Trough over a strike length of 13 km Location of the 7 Cu-Ni- § Historic non-compliant resources of PGE prospects at Lake Aulneau approximately 2 Mt @ 2% Cu and 0.50% Ni* § 85 claims (3

  19. Slide 19: Pontax: Lithium and Gold Potential near the Contact Between two Subprovinces

    Pontax: Lithium and Gold Potential near the Contact Between two Subprovinces § Geological context highly favorable for lithium and gold § 287 claims (15,323 ha), 100% HAR § Easy access along the Billy- Diamond Highway § Optioned to Li-FT Power in July 2022 § Li-FT Power can earn 70% with $5 M explor

  20. Slide 20: Catalysts 2022-2023

    Catalysts 2022-2023 Merger Completed between Harfang and LaSalle *TBD: To Be Determined Serpent-Radisson Drilling Prospecting Soil Survey Egan Prospecting Prospecting Soil Survey Soil Survey Lake Menarik / Menarik East Prospecting / Mapping Airborne Mag Geological Compilation IP Survey (TBD) Drillin

  21. Slide 21: Share Capital and Financial Partners

    Share Capital and Financial Partners CAPITALIZATION Shares outstanding 57.73 million Warrants ($1.19-1.32) 3.07 million Options ($0.54-0.94) 2.55 million Fully diluted shares outstanding 63.35 million Treasury (as of July 31, 2022) $9.49 million Financing (April 2022) $4.25 million FINANCIAL PARTNER

  22. Slide 22: Contact

    For further information please contact: IAN CAMPBELL President and CEO +1-647-680-3820 icampbell@harfangexploration.com FRANÇOIS HUOT Vice-President, Exploration +1-581-996-2135 fhuot@harfangexploration.com CORPORATE ADDRESS 1100, av. des Canadiens-de-Montréal, suite 300, Montréal (Québec) H3B 2S2 T

Harfang Exploration — Investor Presentation (November 2022) on 6ix