Peloton Minerals Corp. · CSE:PMC
Peloton Minerals — Investor Presentation (November 2024)
22 slides from Peloton Minerals's investor presentation, Nov 7, 2024
Slide 1: North Elko Lithium Project
North Elko Lithium Project www.pelotonminerals.com CSE: PMC OTCQB: PMCCF October 2024
Slide 2: Forward-Looking Statement
Forward-Looking Statement Cautionary Statement on Forward-Looking Information & Statements The following presentation may include certain “forward-looking statements” within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements
Slide 3: Lithium Market Demand-Supply Dynamics
Lithium Market Demand-Supply Dynamics Quality North American Projects are Critical ▪ China controls ~ 67% of global lithium supply (International Energy Agency, Lithium Report, May 2024) ▪ Diversity of supply is critical for the US and Canadian EV markets. US demand forecast to be +400,000 tonnes LC
Slide 4: Northern Nevada Lithium Trend: Evolving as an Important Source of Strategic Lithium Deposits
Northern Nevada Lithium Trend: Evolving as an Important Source of Strategic Lithium Deposits in the USA Three players located in the Northern Nevada Trend - Lithium Americas, Surge Battery Metals and now Peloton Minerals Thacker Pass – Lithium Americas Ltd. Surge Battery Metals Inc. Peloton Minerals
Slide 5: Peloton’s North Elko Lithium Project, Northeastern Nevada
Peloton’s North Elko Lithium Project, Northeastern Nevada Surge / Peloton Location Peloton is exploring lithium showings adjacent to the highest-grade district-scale lithium in clay resource in North America recently discovered by Surge Battery Metals (Surge) ▪ Peloton’s North Elko Project (NELP) fe
Slide 6: Ground Positions
Ground Positions The two largest positions in Northeastern Nevada Surge Highlights Peloton Highlights ▪ Property size - 44 sq km ▪ Property size - 30 sq km ▪ Lithium deposit is in shallow ▪ 2024 exploration program to clay layers striking toward date identified multiple high Peloton priority lithium
Slide 7: Surge Drill Hole Locations & West-East Cross Sections Published July 2024
Surge Drill Hole Locations & West-East Cross Sections Published July 2024 Surge Drill Holes 2022-24 Surge West-East Cross Sections Show Lithium Clay Closed to the West – Open to the East Layers Striking East Toward Peloton to Within 1-1.5 Km of the Surge/Peloton Claim Boundary 7
Slide 8: 2024 Peloton Exploration Update
2024 Peloton Exploration Update • Completed: Key Take Aways (so far): ✓ Grid soil geochemistry survey ➢ Elevated levels of lithium identified in soil ✓ Geologic mapping geochemistry (18+ times background) across 25+ ✓ Prospecting and sampling sq km ✓ X-Ray Diffraction analysis ➢ Mapping shows surfac
Slide 9: Google Earth shows Surge’s Upper Yellow Clay Zone continuing
Google Earth shows Surge’s Upper Yellow Clay Zone continuing from the most easterly Surge Drill Hole NNL-021 toward and onto NELP Trace of Surge Upper Yellow Clay Zone Heading East Peloton Ground Surge Ground & location of Hole NNL-021 nearest to Peloton Projected under overburden - Graben 9
Slide 10: tTEM Geophysical Survey Plan
tTEM Geophysical Survey Plan Used successfully by Surge to target clay layers buried by upper stratigraphy • tTEM – Towed Transient Electric geophysics • Sensor unit is towed behind a pickup truck or ATV o Survey distance on roads - 25 km o Survey distance offroad -14 km 10
Slide 11: Conceptual Permitting Coverage for Deeper Drilling
Conceptual Permitting Coverage for Deeper Drilling • Two existing drill permits (on the west and east) are being amended to cover lithium drill targets • A third drill permit is planned for the central area once geophysical surveys are complete • Each drill permit allows 5 acres of disturbance (3 ti
Slide 12: Capitalization and Market Information
Capitalization and Market Information Capital Structure Exchange Listings ▪ Recent Share Price C$0.085 ▪ Canada CSE-PMC ▪ 52 Week Low-High C$0.075 – C$0.14 ▪ USA OTCQB-PMCCF ▪ Shares Outstanding 137 million ▪ Market Capitalization C$12.5 million Peloton Minerals One Year Price Chart – As at November
Slide 13: Corporate Inquiries
Corporate Inquiries Edward (Ted) Ellwood Paul Teodorovici President & CEO VP Business Development T: 519-697-2313 T: 514-582-2282 Paul.Teodorovici@gmail.com Tedellwood@gmail.com Investment Banker / Advisors: Auditor: IBK Capital Corp. RSM, Chartered Accountants T: (416) 480-0160 Michael White Presid
Slide 14: Appendix
Appendix Detailed Technical Information Available At www.pelotonminerals.com
Slide 15: Board of Directors and Management
Board of Directors and Management Track-Record of Exploration and Discovery Success 200 years of combined experience playing respective roles in resource exploration, discovery and development John F. O’Donnell, BA (Economics), LLB, Chairman of the Board Edward (Ted) L. Ellwood, MBA, President & CEO
Slide 16: The “Yellowstone Hotspot”
The “Yellowstone Hotspot” ▪ The “Yellowstone Hotspot” is Thought Responsible for the Volcanic Activity in Northern Nevada (16-12.5 Ma), Resulting in Lithium Clay Deposition Yellowstone Today 16-12.5 Million Years Ago * Source: ResearchGate 2018 16
Slide 17: Regional Geologic Map
Regional Geologic Map* Surge & Peloton Are Located in a Paleo Lakebed Environment Called Thousand Springs Basin (About 5,000 sq km) Surge & Peloton project location Thousand Springs Basin (5,000 sq km) Paleo Lakebed Environment (historic lake or caldera) * Source: Geologic Society of America, Resear
Slide 18: Property Geologic Map with North Elko Lithium Project Claim Boundaries
Property Geologic Map* with North Elko Lithium Project Claim Boundaries * Compilation: ▪ Elko County Digital Geology Map ▪ Nevada Bureau of Mines and Geology ▪ Peloton Geologic Mapping 18
Slide 19: Hyperspectral UV Data Shows Near Surface Clay Layer Across Peloton Property
Hyperspectral UV Data Shows Near Surface Clay Layer Across Peloton Property ▪ Peloton has identified multiple targets through hyperspectral UV analysis ▪ Multi-faceted exploration program over the summer and fall of 2024 Pixels represent outcrops of a near Pixels represent surface clay layer outcrop
Slide 20: Surge Drill Hole Locations
Surge Drill Hole Locations 16 Holes to Achieve Maiden Resource 22 Holes to Date 11.24 MT LCE Inferred at 3,010 Li Discovery costs <C$2 per tonne LCE and <2 years from discovery to maiden resource 20
Slide 21: Thacker Pass Lithium Americas Overview
Thacker Pass Lithium Americas Overview Thacker Pass Mineral Resource Model Thacker Pass Feasibility Highlights* (Lithium in Smectite and Illitic Clays) November 2, 2022 – ($ US Dollars) Measured & Average Li (ppm) Lithium Carbonate Indicated (Mt) Equivalent (Mt) 1,457 2,070 16.1 Mine Life - 40 years
Slide 22: Thacker Pass Process Flow Chart
Thacker Pass Lithium Americas Overview (Continued) Thacker Pass Process Flow Chart (Lithium in Smectite and Illitic Clays) 22
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