Faraday Copper Corp · TSX:FDY
Faraday Copper — Investor Presentation (July 2022)
34 slides from Faraday Copper's investor presentation, July 2022
Slide 1: Developing US Domestic Sources of Copper
Developing US Domestic Sources of Copper CORPORATE PRESENTATION July 2022
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Some of the statements in this presentation, other than statements of historical fact, are “forward-looking statements” and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that a
Slide 3: Bringing a Senior Mining Company Expertise
BRINGING A SENIOR MINING COMPANY EXPERTISE MANAGEMENT Paul Harbidge Graham Richardson Dr. Thomas Bissig Zach Allwright Aaron Cohn Angela Johnson Stacey Pavlova President, CEO & Director Chief Financial Officer VP Exploration VP Projects & VP & Country VP Corp Development VP Investor Relations Evalua
Slide 4: Why Invest in Faraday Copper?
WHY INVEST IN FARADAY COPPER? Building a premier North American copper exploration and development company COPPER ASSETS MANAGEMENT CAPITAL FUNDAMENTALS Copper Creek, AZ: one of the Experienced Management & Completed upsized equity Opportunity for U.S. copper largest undeveloped copper Board
Slide 5: Faraday Copper: Well-Positioned for Success
FARADAY COPPER: WELL-POSITIONED FOR SUCCESS Ticker CSE: FDY $1.10 2,000,000 $1.00 1,800,000 Share Price (July 4, 2022) C$0.61 $0.90 1,600,000 $0.80 52-Week Trading Range C$0.35 – C$1.00 $0.70 1,400,000 1,200,000 Basic Shares Outstanding 122.51M $0.60 1,000,000 $0.50 800,000 Options (avg ex $0.43) 15
Slide 6: ESG Framework
ESG FRAMEWORK Bringing a senior company approach to ESG GOOD GOVERNANCE COMMUNITY ENGAGEMENT Conduct business with integrity, Commitment to open dialogue and support for transparency and fairness the local economy and social programs HEALTH & SAFETY CLEAN ENERGY FUTURE Instill a zero harm work envir
Slide 7: Project Snapshot
“S| FARADAY COPPER PROJECT SNAPSHOT
Slide 8: Project Timeline & Milestones
PROJECT TIMELINE & MILESTONES 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Copper Creek, Arizona Environmental data gathering Strategic review of existing data Phase 1 diamond drilling Geological model developed Updated mineral resource estimate Metallurgical test work Geotechnical studies Pha
Slide 9: Faraday Copper: A Development Story
FARADAY COPPER: A DEVELOPMENT STORY Optimization and exploration opportunities supported by over US$100M of data GEOTECHNICAL METALLURGICAL Core Logging and Televiewer Floatation Testwork Data Comminution Testwork Stability Analysis Mineralogical Studies Structural and Fragmentation Cu:Mo Separation
Slide 10: Copper Creek
COPPER CREEK PINAL COUNTY, AZ
Slide 11: Copper Creek: Top Mining Jurisdiction
COPPER CREEK: TOP MINING JURISDICTION 100% owned, ~41 km2 property in Pinal County, Arizona — a top ranked mining Pinto Valley Globe-Miami Arizona, USA jurisdiction in the world Resolution Contiguous group of patented and Ray Morenci unpatented Federal claims and Arizona prospecting permits Copp
Slide 12: Copper Creek: Property Package
COPPER CREEK: PROPERTY PACKAGE Over 200,000 m of historical drilling data available Total Number Company Date Drilling of Holes (m) Calumet & Arizona 1914 14 1,649 Bureau of Mines 1942-43 31 893 Siskon 1956-58 25 1,227 Bear Creek Mining 1959-62 15 8,865 Newmont 1966 22 9,223 Occidental 1968-70 49 2,
Slide 13: Copper Creek: Geological Model
COPPER CREEK: GEOLOGICAL MODEL Legend Mineralization centred on Copper Creek batholith (Laramide age) Vein Breccia Emplaced into Precambrian and Paleozoic sediments and Cretaceous Glory Hole Porphyry Volcanics Copper Creek Batholith The district is marked by over 400 breccias, concentrated in
Slide 14: Copper Creek: Cross Section
COPPER CREEK: CROSS SECTION NW A’ SE A Bald Cu (%) Mammoth >2.00 1.00 0.70 0.40 CK35.5-50 0.25 125.0 m at 2.50% Cu RAE-11-061 61.0 m at 1.43% Cu A N RAE-11-066 57.7 m at 1.73% Cu LM1 HN1 185.9 m at 1.02% Cu 76.2 m at 1.13% Cu LM2 76.2 m at 1.51% Cu 500 metres SK-1-HN21 A’ 146.3 m at 1.19% Cu Keel Am
Slide 15: MRE Assumptions & Methodology
COPPER CREEK: MRE ASSUMPTIONS & METHODOLOGY Key Assumptions Methodology Open Pit Grade estimation based on parent blocks of 20 m (X-Y-Z) Reasonable prospects for eventual economic extraction (“RPEEE”) Raw assay samples were averaged into 6.1 m composites constrained within estimation domains a
Slide 16: Mineral Resources (July 2022)
COPPER CREEK: MINERAL RESOURCES (July 2022) Combined Open Pit and Underground MRE Tonnes Cu Mo Ag CuEq Cu Mo Ag CuEq 82.6% of the tonnage is Category (Mt) (%) (%) (ppm) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) within the M&I category, for the combined Open Pit NI 43-101 MRE Mineral Resource M&I 84.6 0.55 0.
Slide 17: Copper Creek: Open Pit Potential
COPPER CREEK: OPEN PIT POTENTIAL The Copper Creek PEA will validate the economic potential of open pit extraction within the near surface breccias 1,300RL A B A A’ Globe N Copper 1,200RL Prince Railroad 1,100RL Old Childs Reliable Aldwinkle A’ Mammoth B B’ B’ 1,300RL Bald 500 metres 1,200RL PLAN VIE
Slide 18: Copper Creek: Bulk Underground Potential
COPPER CREEK: BULK UNDERGROUND POTENTIAL Mineable footprint within the porphyry demonstrates significant scale potential Grade Distribution (plan view at 470m elevation) Substantial mineable footprint demonstrates upside via increased drilling density Bulk Mining Footprint Projection 300m (0.31% C
Slide 19: Copper Creek: Grade-Tonnage Sensitivity
COPPER CREEK: GRADE-TONNAGE SENSITIVITY Open Pit Mineral Resources Sensitivity Measured and Indicated Inferred Cut-off Grade Tonnes CuEq Grade Contained Metal Tonnes CuEq Grade Contained Metal (CuEq %) (Mt) (CuEq %) (CuEq Mlb) (Mt) (CuEq %) (CuEq Mlb) 0.10 153.0 0.39 1,315.7 60.8 0.25 332.9 0.20 94.
Slide 20: Copper Creek: Metallurgical Test Work
COPPER CREEK: METALLURGICAL TEST WORK High metal recoveries and clean quality concentrate Extensive test work completed on 18 composites MSRDI (1997) metallurgical drill holes in Childs Aldwinkle and Mammoth (in yellow) Open cycle Cu-Mo second cleaner flotation testing METCON (2008 and 2012) com
Slide 21: Copper Creek: Phase I Drill Program
COPPER CREEK: PHASE I DRILL PROGRAM Completed an exploration drill program with 2 9 drill holes for ~6,000 m N Glory Hole 1 Copper Giant 4 Testing porphyry and breccia style mineralization Copper Drill results pending and not incorporated into Prince 3 the MRE 6 and 7 5 8 Childs Old Aldwinkle
Slide 22: District Exploration Upside and Next Steps
COPPER CREEK: DISTRICT EXPLORATION UPSIDE High conductivity zone in western Limited drilling with good Cu NEXT STEPS breccias sericite-clay alteration intercepts > 0.5% Currently: Integrating NE oriented zone of existing technical data elevated conductivity layers High copper in surface geochemistry
Slide 23: Contact Copper
CONTACT COPPER ELKO COUNTY, NV
Slide 24: Contact Copper: Top Mining Jurisdiction
CONTACT COPPER: TOP MINING JURISDICTION 100% owned, +5,900 acres of patented and unpatented mining claims Twin Falls 80 km north of the town of Wells in Elko County, NV — a top ranked mining Oregon Idaho Jackpot jurisdiction in the world Utah Nevada The majority of the defined mineral Contact
Slide 25: Contact Copper: Mineral Reserves and Resources
CONTACT COPPER MINERAL RESERVES AND RESOURCES Disseminated oxide copper Historic NI 43-101 Compliant Reserves and Resource Estimate (2013) mineralization in quartz veins Category Tons Cu Cu within large structural zones ('000) (%) (Mlbs) Proven Reserves 57,678 0.23% 263.2 Mineralization is oxidi
Slide 26: Contact Copper: Copper Oxide Deposit
CONTACT COPPER: COPPER OXIDE DEPOSIT Traced over 2.3 km east-west and 0.9 km north-south Open to the west, to the north and to the south. Open at depth Current scope of work: metallurgical review, geological model audit, Mineral Resource review, staking of additional claims, initiation of noti
Slide 27: Contact Copper: Exploration Upside
CONTACT COPPER: EXPLORATION UPSIDE Excellent potential to expand the Contact 678000E 4630000N 682000E 686000E deposit in multiple directions PFS Waste Rock N Past surface sampling programs at the Copper Ridge and New York prospects indicate the New York PFS Pit Shell Prospect potential for addit
Slide 28: Faraday Copper: Why Invest?
FARADAY COPPER: WHY INVEST? Multi-billion-pound U.S. domestic source of copper, supporting the clean energy transition Extensive historical data to form the basis for optimization of both projects with near-term study delivery Projects offer the potential for low carbon footprint operations wi
Slide 29: Appendix
FARADAY COPPER APPENDIX
Slide 30: Mineral Resources (July 2022)
COPPER CREEK: MINERAL RESOURCES (July 2022) Grade Contained Metal Category Tonnes (Mt) Cu Mo Ag CuEq Cu Mo Ag CuEq (%) (%) (g/t) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) Open Pit (OP) Measured 38.9 0.68 0.010 1.8 0.72 584.2 8.7 2.2 614.6 Indicated 45.7 0.44 0.007 0.9 0.46 446.4 7.2 1.3 467.8 M&I 84.6 0.55 0.0
Slide 31: Notes to Mineral Resources
COPPER CREEK: NOTES TO MINERAL RESOURCES The Mineral Resources in this estimate were calculated using the CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines (CIM, 2014) prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council. All dollar a
Slide 32: Grade-Tonnage Curves
COPPER CREEK: GRADE-TONNAGE CURVES Grade-Tonnage Curve: Open Pit M&I Mineral Grade-Tonnage Curve: Open Pit Inferred Mineral Resources Resources 180 1.4 70 1.2 160 60 Average CuEq grade above cut-off (%) 1.2 Average CuEq grade above cut-off (%) 1 140 Tonnes above cut-off (Mt) Tonnes above cut-off (Mt
Slide 33: Metallurgical Test Work
COPPER CREEK: METALLURGICAL TEST WORK METCON (2008-2012) Cu-Mo second cleaner flotation test results on composite samples Rougher flotation tests on 14 composite samples Keel & American Eagle Mid grade Globe breccia High grade Globe breccia Strongly oxidized Copper Prince Weakly to unoxi
Slide 34: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 250, 200 Burrard Street VP Investor Relations Vancouver, BC Canada 778-730-1067 www.faradaycopper.com info@faradaycopper.com