Slide 1: Growing U.S. Copper Resources
A Lundin Group Company Growing U.S. Copper Resources CORPORATE PRESENTATION April 2025 FDY: TSX I CPPKF: OTCQX
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: Investment Highlights
INVESTMENT HIGHLIGHTS Strategy: Creating Value by Advancing One of the Largest Copper Projects in the U.S. ▪ Copper Creek is a Cu-Mo-Ag resource in Arizona with 4.2 Blbs of copper Measured and Indicated Mineral Resources ▪ Catalysts ▪ Updated technical report in H2 2025 targeting enhanced project ec
Slide 4: Building Momentum at Copper Creek
BUILDING MOMENTUM AT COPPER CREEK Delivering on Our Strategy 2021 – 2022 2023 – 2024 2025 Catalysts ✓ President and CEO Paul Harbidge ✓ Preliminary Economic Assessment ✓ Metallurgical program update appointed and Updated MRE (May 2023) ▪ Drill results ✓ New Board and management ✓ 30,000 metre ongoin
Slide 5: Located in Arizona Copper Country
LOCATED IN ARIZONA COPPER COUNTRY Arizona Produced ~70% of U.S. Copper in 2024 (USGS) ARIZONA ▪ Excellent infrastructure with N Pinto Valley Globe-Miami U.S. access to road, rail and power / Phoenix (150 km) Resolution State Route I-79 ▪ Near mining and service hubs Ray State Route I-77 Ivanhoe Elec
Slide 6: Good News for Mining in the USA
GOOD NEWS FOR MINING IN THE USA faradaycopper.com I page 6
Slide 7: Corporate Overview
CORPORATE OVERVIEW Analyst Coverage Top Strategic Shareholders Rene Cartier Dalton Baretto Lundin Family Murray Edwards Pierre Lassonde Connor Mackay Financial Overview Ownership C$160.2M Market Capitalization C$17.0 M Cash & Equivalents (Dec 31, 2024) 30.1% Strategic Shareholders: 39.3% 39.3% Insti
Slide 8: Geology and Mineralization
GEOLOGY AND MINERALIZATION High-grade Breccias and Vein-hosted Porphyry Banjo breccia Open Pit Grade Distribution Copper Prince Childs Aldwinkle 1,300RL Mammoth 1,200RL CuEq1(%) CuEq % 1,100RL 0.13 – 0.3 0.3 – 0.4 0.4 – 0.5 American Eagle 1,000RL 0.5 – 0.7 900RL 0.7 – 1.0 100 metres > 1.0 LOOKING NO
Slide 9: Potential for New Discoveries
POTENTIAL FOR NEW DISCOVERIES Significant Growth Opportunities in an Underexplored District Rum N Holy Joe Mineral Fault Reserves Open Pit Resource 10 Area Mineral Resource Targets 6 Advanced Targets 10 Identified Targets 8 Western Generative Targets Fault 34 high priority targets American Eagle Are
Slide 10: Drilling at the American Eagle Area
DRILLING AT THE AMERICAN EAGLE AREA ▪ Drilling focused on near-surface mineralization N N Post Office ▪ Intersected significant Jailhouse mineralization above the Courthouse Rum Area American Eagle underground Banjo resource American ▪ Multiple breccia discoveries, American Eagle Eagle Area includin
Slide 11: American Eagle Area: Near Surface Potential
AMERICAN EAGLE AREA: NEAR SURFACE POTENTIAL Phase III Drilling Focus: Drill Hole American Eagle Area Assay Results Mammoth Copper Grade (%) FCD 24-074 50.20 m at 0.74% Cu, >2.00 0.62 g/t Ag, from 46.20 m 1.00 0.31 FCD 24-069 0.20 29.08 m at 0.62% Cu, 0.13 1.14 g/t Ag, from 145.69 m 0.00 FCD 24-081 8
Slide 12: American Eagle: Drilling Confirms Continuity
AMERICAN EAGLE: DRILLING CONFIRMS CONTINUITY Looking Southwest A’ Looking Southwest B’ A B Copper Marsha Mammoth Mammoth Prince A’ N B’ Old C Reliable Mammoth American Eagle D American Keel Eagle 250 metres 250 metres C’ A D’ Looking Southeast Looking Southeast 250 metres -- Open Pit Shells B C’ D D
Slide 13: Metallurgical Performance Overview
METALLURGICAL PERFORMANCE OVERVIEW Unlocking Significant Upside with New Metallurgical Results Coarse Grind Additional Gold Optimization Benefits Program Bornite Gold recovery over Over 95% copper High grade copper 75% supporting Chalcocite sulphide recovery concentrate potential to add gold Chalcop
Slide 14: Environmental & Stakeholder Engagement
ENVIRONMENTAL & STAKEHOLDER ENGAGEMENT Baseline Data Collection and Stakeholder Outreach ENVIRONMENT STAKEHOLDER ENGAGEMENT Baseline environmental monitoring Commitment to open dialogue and systems in place for data collection to support for the local economy and social support permitting process pr
Slide 15: Copper Creek Project: Milestones
COPPER CREEK PROJECT: MILESTONES Resource Update Technical Study Update Exploration Upside (H2 2025) (H2 2025) (Ongoing) Incorporating ~40,000 metres of Targeting increased throughput and Steady news flow of assay results drilling, targeting near-surface annual metal production profile from ongoing
Slide 16: Contact Us
Contact Us CONTACT INFORMATION Suite 2800, 1055 Dunsmuir Street PO Box 49225 Vancouver, BC Canada www.faradaycopper.com STACEY PAVLOVA, CFA VP Investor Relations 778-730-1067 info@faradaycopper.com
Slide 17: Appendix
FARADAY COPPER Appendix
Slide 18: Leadership
LEADERSHIP Senior Mining Company Talent Who Know Great Projects Management Independent Directors Graham Richardson Dr. Thomas Bissig Audra Walsh Robert Doyle Paul Harbidge Chief Financial Officer VP Exploration Russell Ball Prev. CEO, Minas de Prev. CFO, Pan President, CEO & Director Prev: Goldcorp
Slide 19: Copper Creek Land Package
COPPER CREEK LAND PACKAGE ▪ ~73 km2 property offers optionality for infrastructure placement ▪ Mineral claims include patented claims, unpatented claims and state prospecting permits ▪ Private land parcel across San Pedro corridor connecting with BHP land package ▪ Ranch includes ~26,000 acres of su
Slide 20: American Eagle Area: New Discoveries
AMERICAN EAGLE AREA: NEW DISCOVERIES Banjo Breccia Prada Breccia Hole continues Drill Hole Assay Results FCD-24-074 off section Copper Grade (%) 50.20 m at 0.74% Cu, 0.62 g/t Ag >2.00 from 46.20 m 1.00 including 0.70 22.65 m at 1.31% FCD-24-073 190.25 m at 0.23% Cu, 0.50 Cu, 0.70 g/t Ag 259.98 m at
Slide 21: Rum Area: Drill Results
RUM AREA: DRILL RESULTS Rum Breccia A A’ N Legend Rum Breccia Looking Northwest Interpreted Geology A’ 57.73 m at 0.85% Cu, Breccia 0.57 g/t Ag Porphyry from 0.00 m Glory Hole Volcanics A Laramide Copper Creek including Granodiorite 23.25 m at 1.58% Cu, Quaternary-Late Tertiary 0.60 g/t Ag Gravels F
Slide 22: Area 51: New Discovery
AREA 51: NEW DISCOVERY Drill Hole Assay Results Copper Grade (%) Potential to Discovery increase open >2.00 hole at pit mineral 1.00 previously resource with 0.70 mineralization 0.50 undrilled open laterally 0.31 breccia and at depth 0.25 0.13 0.05 0.00 Breccia outline Chalcopyrite Chalcopyrite Quar
Slide 23: PEA: Highlights
PEA: HIGHLIGHTS Based on 2023 MRE and 30,000 tpd Mill Throughput Scenario Life-of-Mine Average Annual Life-of-Mine Payable Measured and Indicated 51,100 tpa Payable CuEq 2 Production 3.4 Blb CuEq 2 Production 4.2 Blb Copper Mineral Resource a KEY FINANCIAL DATA ANTICIPATED PRODUCTION PROFILE Post-ta
Slide 24: Copper Creek: Mineral Resources (2023)
COPPER CREEK: MINERAL RESOURCES (2023) Grade Contained Metal Category Tonnes (Mt) Cu Mo Ag CuEq 1 Cu Mo Ag CuEq 1 (%) (%) (g/t) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) Open Pit (OP) Measured 67.2 0.48 0.008 1.2 0.51 710.5 12.5 2.6 751.1 Indicated 59.9 0.31 0.008 0.6 0.33 412.9 10.1 1.1 440.5 M&I 127.1 0.40 0
Slide 25: Copper Creek: Notes to Mineral Resources
COPPER CREEK: NOTES TO MINERAL RESOURCES ▪ CuEq: Copper equivalent; g/t: Grams per tonne; Mlb: Million pounds; Moz: Million troy ounces; Mt: Million tonnes ▪ The mineral resources in this estimate were prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Stand
Slide 26: Contact Copper Project
CONTACT COPPER PROJECT Drill-ready, Copper Oxide Deposit ▪ 100% owned, 5,900+ acres of patented and unpatented mining claims in northern Nevada Contact Copper Elko ▪ Excellent access to a major highway, power and local mining services ▪ Open pit, heap-leach copper oxide opportunity NEVADA ▪ Deposit
Slide 27: Endnotes
ENDNOTES 1. Mineral Resource Estimate (“MRE”) copper equivalent values are calculated using commodity type and price, considering the relevant preliminary recovery rate based on domain. For example, sulphide CuEq = [(Cu grade/100 * 0.92 Cu recovery * 2,204.62 * $3.80) + (Mo grade/100 * 0.78 Mo recov
Slide 28: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 2800, 1055 Dunsmuir Street VP Investor Relations PO Box 49225 778-730-1067 Vancouver, BC Canada info@faradaycopper.com www.faradaycopper.com