Faraday Copper Corp · TSX:FDY
Faraday Copper — Investor Presentation (August 2022)
28 slides from Faraday Copper's investor presentation, August 2022
Slide 1: Developing US Domestic Sources of Copper
Developing US Domestic Sources of Copper CORPORATE PRESENTATION August 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 CAPITAL ASSETS CATALYSTS Completed upsized equity Copper Creek, AZ: one of the largest Phase I drill program results from offering of C$20M in May 2022 undeveloped copper projects in Copp
Slide 5: Faraday Copper: Corporate Overview
FARADAY COPPER: CORPORATE OVERVIEW Well-positioned for Success C$17.0 M C$62.5 M 123.0 M 15.0 M 12.5 M 1.7 M Cash & Market Shares Options Warrants Restricted Equivalents Capitalization Outstanding (C$0.43/sh avg. Share Unites (June 30, 2022) (Aug 18, 2022) exercise price) Financing Shareholders (May
Slide 6: ESG Framework
ESG FRAMEWORK Bringing a Senior Company Approach to ESG TECHNICAL EXCELLENCE ENVIRONMENT Utilizing empirical evidence to support A responsible steward of the natural technical decisions environment GOOD GOVERNANCE COMMUNITY ENGAGEMENT Conduct business with integrity, Commitment to open dialogue and
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 property in Pinal County, Pinto Valley Arizona, USA Arizona — a top ranked mining Globe-Miami jurisdiction in the world ARIZONA Resolution Ray Morenci Near mining and service hubs: ~120 road km northeast of Tucson Copper Creek ~25 road km northeas
Slide 12: Copper Creek: Property Package
COPPER CREEK: PROPERTY PACKAGE ~41 km2 property package Contiguous group of patented and unpatented Federal claims and Arizona prospecting permits Within the mineral claims boundary there is: No urbanization or residential footprint No protected national forest Mineral Resource No Native A
Slide 13: Copper Creek: Mineral Resources (July 2022)
COPPER CREEK: MINERAL RESOURCES (July 2022) Combined Open Pit and Underground MRE 82.6% of combined tonnage is Tonnes Cu Mo Ag CuEq Cu Mo Ag CuEq within the M&I category Category (Mt) (%) (%) (ppm) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) 18 composites tested for Open Pit NI 43-101 MRE metallurgical recov
Slide 14: Copper Creek: Cross Section
COPPER CREEK: CROSS SECTION NW A’ SE A 200,000+ metres Cu (%) Mammoth Bald >2.00 1.00 0.70 0.40 of historical drilling data CK35.5-50 0.25 supports MRE 125.0 m at 2.50% Cu RAE-11-061 61.0 m at 1.43% Cu 95% RAE-11-066 57.7 m at 1.73% Cu in excellent condition LM1 HN1 185.9 m at 1.02% Cu 76.2 m at 1.1
Slide 15: Significant Scale Potential
COPPER CREEK: SIGNIFICANT SCALE POTENTIAL Open Pit and Bulk Underground Extraction Potential Open Pit Grade Distribution A 1,300RL Globe Copper A Copper Prince Old Reliable A’ N Prince Railroad 1,200RL OPEN PIT Old Childs Reliable Aldwinkle 1,100RL A’ Mammoth Bald PLAN VIEW Underground Grade Distrib
Slide 16: Grade-Tonnage Sensitivity
COPPER CREEK: GRADE-TONNAGE SENSITIVITY Offers Optionality for Higher-Grade or Larger-Tonnage Operation 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) (CuE
Slide 17: Exploration Upside
EXPLORATION UPSIDE
Slide 18: 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 19: District Exploration Upside
COPPER CREEK: DISTRICT EXPLORATION UPSIDE Most of the Drilling is Within the Resource Area, Offering Significant Untested Upside Data integration completed Six regional target areas identified Ranking and prioritization underway Follow up Phase II exploration Mineral program design, to targe
Slide 20: Contact Copper: Exploration Upside
CONTACT COPPER: EXPLORATION UPSIDE 100% owned, +5,900 acres of patented and unpatented mining claims in Nevada, US Excellent access to a major highway, power, water and local mining services Contact Copper Open pit, heap-leach copper oxide opportunity Elko Deposit open in all directions; add
Slide 21: The next U.S. source of copper
The next U.S. source of copper Scarcity of development-ready copper projects Large undeveloped Mineral Resource at Copper Creek with open pit and underground mining optionality Compelling investment opportunity based on market capitalization relative to Mineral Resource Experienced management and bo
Slide 22: Appendix
FARADAY COPPER APPENDIX
Slide 23: 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 24: Copper Creek: 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 25: Copper Creek: 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 26: 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 27: Copper Creek: 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 28: 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