Quebec Rare Earth Elements Corp · CSE:QREE
Quebec Rare Earth Elements — Investor Presentation (May 2024)
21 slides from Quebec Rare Earth Elements's investor presentation, May 2024
Slide 1: Quebec Rare Earth Elements Corp. Corporate Presentation
Quebec Rare Earth Elements Corp. Corporate Presentation May 2024 CSE:QREE www.qree.ca
Slide 2: Forward Looking Information
Forward Looking Information This presentation contains “forward looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of Quebec Rare Earth Elements Corp. (‘’the Company’’), its subsidiaries and its projects, the future
Slide 3: Why Rare Earth Elements (REE's)?
Why WhyRare RareEarth EarthElements Elements(REE’s)? (REE’s)? • Rare earth elements (REE’s) are a group of 17 elements composed of scandium, yttrium, and the 15 lanthanides • REE’s impart special properties of magnetism, luminescence, and strength • REE’s are important elements for reaching the ener
Slide 4: Why Quebec Rare Earth Elements (QREE)?
Why Quebec Rare Earth Elements (QREE)? • QREE’s Quebec based team has the experience and know-how required to find, develop, build and operate the larger-scale operations needed to contribute significantly to the domestic supply chain • QREE is ideally positioned to capitalize on domestic supply con
Slide 5: Proven & Experienced Leadership
Proven & Experienced Leadership Benoit Desormeaux, CPA Martin Milette, CPA • President & CEO, Director • CFO, Director • 25+ years experience, 20+ • 25+ years experience, years at SEMAFO (CEO, including 15+ at SEMAFO COO, CFO) (CFO) Richard Roy, P. Geo John Jentz, CPA • Director, Geologist • Non Exe
Slide 6: QREE Exploration Projects
QREE Exploration Projects Caribou • Waswanipi-Saguenay Zone is host to multiple REE projects REE Project Saguenay • QREE’s 2 Saguenay REE Projects are REE Projects located on the Waswanipi-Saguenay Zone • Lynx • Carcajou • Lynx is 65 km SE of Carcajou • Caribou is located 120km NE of Sept-Iles and 3
Slide 7: Lynx & Carcajou located 90km NW of Saguenay
Lynx & Carcajou located 90km NW of Saguenay • Lynx & Carcajou Projects are located 90km NW of Saguenay, Quebec (near Lac St-Jean) • Saguenay is a major regional hub of 150,000 people • Saguenay Regional Airport offers daily flights to Montreal and Quebec City • Lynx & Carcajou Projects are accessed
Slide 8: Saguenay is a Great Area to Live & Work
Saguenay is a Great Area to Live & Work • Saguenay is 200km N of Quebec City via paved highway • Winter & summer activities due to many lakes, rivers, hills and valleys • Local hydro-electrical power station on the Grande-Décharge River feed a paper mill (Price) and an aluminum smelting plant (Alcan
Slide 9: Saguenay Projects: Lynx and Carcajou
Saguenay Projects: Lynx and Carcajou • Lynx includes 81 map designated claims covering 4,577 Ha (48.8 km²) 65km SE of Carcajou • Lynx hosts a late alkaline ultramafic igneous intrusive plug covering an estimated area of 6km x 2km • Carcajou contains REE-rich pegmatite dykes Lynx contains a REE-beari
Slide 10: Lynx: Disseminated, Intrusive Hosted REE Target
Lynx: Disseminated, Intrusive Hosted REE Target • Lynx hosts a late alkaline ultramafic igneous intrusive plug covering an estimated area of 6km x 2km • Lynx has received no previous work apart from government mapping and grab 0,21% TREO sampling 3,8% TREO 0.49% TREO (pegmatite) 0,20% TREO • Lynx re
Slide 11: Carcajou is 17km High by 5km Wide
Carcajou is 17km High by 5km Wide • 17km High (north-south) x 5km Wide (east-west) provides district scale potential • 137 mining claims • 7,679 Ha (77 km2) forming a north- south trending rectangle CSE:QREE 11
Slide 12: Carcajou: Jeb Grab Sample = 10,561 ppm TREO
Carcajou: Jeb Grab Sample = 10,561 ppm TREO • Jeb and Claire ETR were discovered in 2020 during government mapping programs and have never received any exploration work • Jeb grab samples returned values up to 10,561 ppm TREO (total rare earth oxides) incl. 5,320 ppm Ce, 2,710 ppm La, 1,660 ppm Nd &
Slide 13: Carcajou: Jeb Grab Sample = 10,561 ppm TREO
Carcajou: Jeb Grab Sample = 10,561 ppm TREO Picture of Jeb Outcrop Picture of Jeb Outcrop • Allanite, a REE rich mineral, was observed in both showings in a regionally favourable environment that hosts carbonatite intrusives and other REE showings CSE:QREE 13
Slide 14: Caribou REE Project near Kwyjibo Deposit
Caribou REE Project near Kwyjibo Deposit • Caribou straddles the railroad and Caribou powerline joining Sept-Iles to Shefferville Kwyjibo • A forestry road also follows the railroad up to the property • Sept-Iles is a regional hub with a population of 30,000 Sept-Iles to Shefferville • Weekly flight
Slide 15: Caribou REE Project near Kwyjibo Deposit
Caribou REE Project near Kwyjibo Deposit • Kwyjibo REE deposit Caribou hosted in Fe rich horizon • Caribou interpreted to Mille 82.1 Showing: Fe-Ti straddle similar geology to Kwyjibo • Mille 82.1 Showing is a Fe rich horizon Kwyjibo REE deposit 0 5 10km CSE:QREE 15
Slide 16: Caribou REE Project near Kwyjibo Deposit
Caribou REE Project near Kwyjibo Deposit • Regional magnetic Caribou survey covering Caribou and Kwyjibo Mille 82.1 • Magnetic anomaly hosting Kwyjibo appears to continue west to Carbou Kwyjibo • Mille 82.1 Showing is associated with a similar strong magnetic anomaly 0 5 10km CSE:QREE 16
Slide 17: Capital Structure Overview
Capital Structure Overview Shares Outstanding & Market Capitalization Shareholder Base Shares Outstanding (Basic) 43.6M Warrants 0 Management & Institutional / Board of Directors Retail 60% 40% Options 0 Shares Outstanding (Fully Diluted) 43.6M Share Price Range, trailing 3 months $0.15-$0.20 Market
Slide 18: Strategy & Next 12 Months
Strategy & Next 12 Months • Dual Strategy: 1. Advance existing 3 REE properties through focused exploration 2. Acquire development stage REE asset in Quebec or similar favourable jurisdiction • Next 12 Months: • Exploration budget of $500,000 to better define Lynx intrusive and Carcajou potential •
Slide 19: CSE:QREE www.qree.ca info@qree.ca
CSE:QREE www.qree.ca info@qree.ca 10
Slide 20: APPENDIX: SEMAFO History & Track Record
APPENDIX: SEMAFO History & Track Record • SEMAFO formed in 1996; always Montreal head office • Discovered, developed, financed, constructed & operated 4 mines in West Africa, all on-time, on-budget • Sold to Endeavour Mining (TSX:EDV) in 2020 for $1.6 Billion • At time of Sale • Production >400,000
Slide 21: Appendix: SEMAFO Mine Building Experience
Appendix: SEMAFO Mine Building Experience CSE:QREE A2
Quebec Rare Earth Elements — Investor Presentation (May 2024) on 6ix