C3 Metals Inc. · TSXV:CCCM
C3 Metals — Investor Presentation (July 2024)
45 slides from C3 Metals's investor presentation, July 2024
Slide 1: Poised For Discovery
Poised For Discovery Corporate Presentation TSX.V: CCCM C3METALS.COM July 2024
Slide 2: Forward-Looking Statement
Forward-Looking Statement • Forward-Looking Statement This presentation contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments
Slide 3: Who We Are
Who We Are TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 3
Slide 4: C3 Metals' Board & Senior Management
C3 Metals’ Board & Senior Management Serial Resource Industry Value Creators DAN SYMONS TONY MANINI BSc (Hons), FAusIMM, FSEG President & CEO, Director Chairman • +15 years of mining industry experience in • +30 years in exploration, mine development, mine business development, corporate operations,
Slide 5: Proven Track Record of Discovery & Success
Proven Track Record of DISCOVERY & SUCCESS At all Stages of Exploration and Mining A Combination of Capital Markets and Technical Expertise DAN SYMONS STEVE HUGHES Strategic, Visionary, Expert Porphyry Entrepreneurial Geologist Unlocking Value Leader Driving Through Discovery and Growth & Success De
Slide 6: Shareholder Breakdown & Analyst Coverage
Shareholder Breakdown & Analyst Coverage Over 50% Insider, Strategic & Institutionally Held 5% Institutions 10% Ingalls & Snyder Investment Management Equinox Partners Investment Management 49% 36% Resource Capital Funds Aegis Funds Pathfinder Asset Management J Zechner & Associates INSIDERS INSTITU
Slide 7: Business Strategy
Business Strategy TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 7
Slide 8: Mineral Exploration: A Venture Capital Business
Mineral Exploration: A Venture Capital Business Like other venture capital businesses, mineral exploration involves high risk but can yield substantial rewards. § High Upfront Investment: Geological surveys, drilling, environmental studies, land rights, and permits. § Risk Factors: Geological, marke
Slide 9: C3 Metals' Business Strategy
C3 Metals’ Business Strategy VISION C3 Metals is focused on the discovery and development of large copper/gold deposits through safe, environmentally sound, community-focused, ethical and legal mineral exploration and development. LIFECYCLE OF A JUNIOR MINING COMPANY* EXPLORATION DISCOVERY FEASIBILI
Slide 10: C3 Metals' Business Strategy
C3 Metals’ Business Strategy STEP 1 - Set Up Discovery Stage ü Secure district- ü Rate and rank ü Secure capital ü Discovery phase scale opportunities exploration targets to fund exploration holds the potential for for meaningful programs the highest return copper/gold deposit on investment discover
Slide 11: How We Rate & Rank our Projects
How We Rate & Rank our Projects We rate and rank our projects with data accumulated to date. Rating and capital allocation factors include: ü Scale of Project (volume of rock) ü Grade (richness of mineral in rock) ü Infrastructure ü Mineral Deposit Depth ü Social License TSX.V: CCCM | C3METALS.COM C
Slide 12: C3 Metals' Business Strategy
C3 Metals’ Business Strategy STEP 2 – Managing Risk ü Risk vs. reward ü Create and ü Identify ü Strategic assessment for maximize portfolio low-hanging fruit partnerships optimal return on optionality targets when appropriate investment LIFECYCLE OF A JUNIOR MINING COMPANY* EXPLORATION DISCOVERY FEA
Slide 13: Business Plan Summary
Business Plan Summary Build portfolio of district-scale assets Evaluate low hanging fruit § Keep “easy” deposits/discoveries 100% Manage risk § Decide when to partner (invest someone’s capital for a percentage of the project) § Decide when to divest (opportunity to recycle capital back into the busi
Slide 14: C3 Metals
C3 Metals Focused on creating substantive value through the discovery and development of LARGE COPPER-GOLD DEPOSITS PERU JAMAICA Known world class Where we believe we will show Copper/Gold district the world a new district Montego Bay Ocho Rios Cr aw Caribbean Sea l Riv e rF ARTHURS au lt Zo PERU n
Slide 15: Why COPPER?
Why COPPER? Pierre Lassonde, Founder Franco-Nevada TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 15
Slide 16: Copper: Growing Demand & Constrained Supply
Copper: Growing Demand & Constrained Supply Growing Demand Electric vehicles (EVs): +5x copper vs gas vehicles up to 25kg copper 4.6t Cu/MW 4.7t Cu Up to 0.7kg/kWh ~40% of the green copper used in charging ports in solar powered in 3MW wind turbines in a lithium-ion battery demand by 2030 systems De
Slide 17: Impact of AI Advancements on Copper Supply
Impact of AI Advancements on Copper Supply “The exponential growth of AI computing capacity in the coming decade coincides with the amount of copper required to support this growth.” Increased Demand: § AI data centers and high-performance AI chips require substantial amounts of copper. § Global dat
Slide 18: Supply Constraint Directly Related to Lack of Investment
Supply Constraint Directly Related to Lack of Investment Significant capital continues to flee global specialist mining funds From 2011 to present: MSCI World Mining Index & Van Eck Gold Miners Index dropped 31% and 60% Mining specialist capital dropped 60% in UK and 80% in Canada Source: Bloomberg,
Slide 19: C3 Metals Focused on Building Tonnes with Grades In-line with Current Operating Mines
C3 Metals Focused on Building Tonnes with Grades In-line with Current Operating Mines Operating mines Copper projects under currently have an development have an average grade of average grade of 0.53%1 0.39%1 C3 Metals’ CuEq2 grades in recent drilling are in line with the average grade of current o
Slide 20: Copper Discoveries on the Decline
Copper Discoveries on the Decline Number of Copper Discoveries per Year 17 16 15 15 13 12 11 11 10 10 9 9 8 8 8 7 7 7 7 7 5 4 3 2 1 1 0 1 0 0 1 0 1 1990 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2022 1990 to 2022 Sources: S&P Global Market Intellige
Slide 21: C3 Metals vs. Worldwide Initial Copper Resources in 2023
C3 Metals vs. Worldwide Initial Copper Resources in 2023 Copper initial resources by country, 2023 Top 5 copper initial resources, 2023 Australia 0.8 MMt Western Foreland (Makoko, Klala) (Ivanhoe Mines Ltd.) Dem. Republic 5.0 MMt, 1.86% of the Congo 11% 5.0 MMt Brazil Chapada (Sauva) (Lundin Mining
Slide 22: C3 Metals Value Proposition
C3 Metals Value Proposition TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 22
Slide 23: A Simple Value Proposition at ~C$15M Market Cap
A Simple Value Proposition at ~C$15M MARKET CAP PERU JAMAICA Protected Downside in Known World Class New and Emerging Copper Belt Copper District • Limited to no value in stock today for • Maiden resource justifies current valuation1: Jamaican portfolio • M&I Mineral Resources - 51.9 Mt at 0.50% Cu
Slide 24: C3 Metals vs. Copper Developers
C3 Metals vs. Copper Developers EV/US$/lb CuEq $0.10 RE-RATE POTENTIAL $0.02 C3 Metals (CCCM) Copper Developers Average Source: Desjardins Securities, June 25, 2024. Copper developers including Atex Resources Inc., Filo Corp., Foran Mining Corporation, NGEx Minerals Ltd., Solaris Resources Inc., Tri
Slide 25: Our Projects Jamaica: New and Emerging Copper District
Our Projects Jamaica: New and Emerging Copper District Blue Sky Exploration Upside TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 25
Slide 26: Jamaica: Government Supportive & Favorable Environment
JAMAICA: Government Supportive & Favorable Environment Mining 2nd 70+ year 75+ years 150+ Largest Industry Bauxite industry Mining law in Open-pit in Jamaica place limestone / § US$500-600M annual exports (since 1947) aggregate mines § Alumina refinery in country Jamaican Mining History § Historical
Slide 27: Copper and Gold Deposits of the Caribbean
Copper and Gold Deposits of the Caribbean Productive for Porphyry & Epithermal Cu-Au Deposits Arimao Porphyry Cu-Au Porphyry Epithermal VMS Florencia Low S Veins 1Moz Au El Cobre VMS North American 10Mt @ 1.5 g/t Au & 2% Cu Douvray Cu-Au Plate ve Meme Cu Au 18Mt @ 0.59% Cu Relati ent 1.5Mt @ 2% Cu M
Slide 28: Mineral Concessions Granted in Jamaica
Mineral Concessions Granted in Jamaica Mining is the Second Largest Industry in the Country Montego Bay Ocho Rios Cr Caribbean Sea aw l Riv er F au lt Zo ARTHURS SEAT ne Port Antonio SUPER BLOCK BELLAS GATE Kingston HUNGRY GULLY LEGEND City Bauxite Plant 100% C3 Metals Ownership C3 Metals 50% / Geop
Slide 29: Stamford Hill and Charging Cross Mined in 1800s
Stamford Hill and Charging Cross Mined in 1800s 62 Adits & Multiple Shafts Sunk at Bellas Gate project § British mined high-grade epithermal copper-gold veins in the 1800s § Stamford Hill and Charing Cross veins mined during the 1850s. § Operated until 1863 Adit to the 2nd Level at Stamford Mine Clo
Slide 30: C3 Metals in Jamaica: A New & Emerging District
C3 METALS IN JAMAICA: A New & Emerging District 16 Porphyry, 40 Epithermal and Multiple Volcanic Redbed Prospects Identified Over 30km Strike TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 30
Slide 31: Pennants Gold Mine (2002 – 2004) – 50% C3 Metals
Pennants Gold Mine (2002 – 2004) – 50% C3 Metals First Gold Deposit in Jamaica to be put into Production § BHP (1992) defined a 3km gold in soil anomaly, discovered Pennants epithermal veins system § Orvana (1995-1998) reported bonanza gold grades in Pennants drill holes, including § 1.7m @ 429.78g/
Slide 32: 50/50 Partnership with Geophysx Jamaica Limited
50/50 Partnership with Geophysx Jamaica Limited § Geophysx is a known brand in Jamaica with considerable financial bandwidth. § Geophysx is the dominant mineral exploration license holder in Jamaica. § The Stewart family is a hospitality and industrial powerhouse throughout the Caribbean. § C3 Metal
Slide 33: C3 Metals in Jamaica: A New & Emerging District
C3 METALS IN JAMAICA: A New & Emerging District 18km of High-Grade Soil and Rock Geochemistry Copper Occurrences with Multiple Porphyries Clustered Along Two Belts – 100% C3 Metals TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 33
Slide 34: Multiple Drill Results In-line with Copper/Gold Grades of Operating Mines Today
Multiple Drill Results In-line with Copper/Gold Grades of Operating Mines Today Drill rig location Sept. 12, 2023 CO 286m at 0.37% Cu and 0.21 g/t Au (0.52% CuEq1) To Arthurs Seat SEPL NN from 64m, incl. 192m at 0.45% Cu and 0.27 g/t Au O CA (0.64% CuEq1) RS M BE EL Sept. 25, 2023 LT BE 280m at 0.43
Slide 35: Consistent Ratings in Top Drill Results
Consistent Ratings in Top Drill Results 2024 2023 News: May 15, 2024 News: September 12, 2023 News: September 25, 2023 News: October 11, 2023 News: June 5, 2024 News: October 4, 2023 TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 35
Slide 36: Consistent Ratings in Top Drill Results
Consistent Ratings in Top Drill Results 2024 2023 News: May 15, 2024 News: September 12, 2023 News: October 4, 2023 News: September 25, 2023 News: June 5, 2024 News: November 27, 2023 TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 36
Slide 37: Porphyry Belts Extend to the Northwest?
Porphyry Belts Extend to the Northwest? TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 37
Slide 38: Arthurs Seat Discovery
ARTHURS SEAT DISCOVERY Every Purple Triangle Indicates Rock Chip Sample Above 1% Copper Ov er 8k m St rik e Le ng th e id W 5km r 4. 5.2% copper & 0.81 g/t gold ve O Epithermal Style Gold-Copper Mineralization, Vein Hosted Crawle River R 16.5% copper, 4,890 g/t io Minho Fault Zo silver & 0.50 g/.t g
Slide 39: Our Projects Peru: Downside Protection at Current Valuation
Our Projects Peru: Downside Protection at Current Valuation in Known World Class Copper District Blue Sky Exploration Upside TSX.V: CCCM | C3METALS.COM Corporate Presentation | JULY 2024 39
Slide 40: Peru: A Copper Legacy
PERU: A Copper Legacy 2nd 11% 10% 2.2M Largest of Global Copper of Peru’s GDP metric tonnes Production produced in 2022 Worldwide Copper Producer Rich Mining History § History of copper mining dating back thousands of years. § Attracts significant investments from international mining companies due
Slide 41: C3 Metals in Peru: Strategic 30,000-Hectare Land Package
C3 Metals in PERU: Strategic 30,000-Hectare Land Package KHALEESI JASPEROIDE TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 41
Slide 42: 15 Skarn and Outcropping Porphyry Prospects Identified
15 Skarn and Outcropping Porphyry Prospects Identified Only 1 of 15 Skarns Systematically Drill Tested Thus Far (MCZ) MAIDEN RESOURCE - Montaña de Cobre Zone (1) KHALEESI Mineral Tonnes Copper Gold Contained Contained Total Tonnes in Resource Grade Grade Copper Gold (Kt) Conceptual Category (%) (g/t
Slide 43: Khaleesi Project
KHALEESI PROJECT Skarn, Epithermal and Porphyry Mineralization at Surface TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation | MARCH | JULY 2024 43
Slide 44: Summary
Summary Two district-scale copper Maiden resource in Peru Blue sky upside through opportunities when the provides downside further exploration on over world needs copper protection at current 50 prospects in Peru and valuation Jamaica Experienced team that has Committed to a business plan – been inv
Slide 45: Contacts
CONTACTS DAN SYMONS President & CEO Tel: (416) 716-6466 /C3Metals dsymons@c3metals.com @C3Metals CORPORATE OFFICE 69 Yonge St., Suite 200 @C3Metals Toronto, Ontario M5E 1K3 info@c3metals.com company/C3Metals www.c3metals.com TSX.V: CCCM | C3METALS.COM Corporate Corporate Presentation Presentation |