Faraday Copper Corp · TSX:FDY
Faraday Copper — Investor Presentation (November 2024)
26 slides from Faraday Copper's investor presentation, November 2024
Slide 1: Growing U.S. Copper Resources
Growing U.S. Copper Resources CORPORATE PRESENTATION November 2024 FDY: TSX I CPPKF: OTCQX A Lundin Group Company
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 Significant Resource Growth Through New Discoveries Investment Highlights ▪ Copper Creek is a large Cu-Mo-Ag resource in Arizona with 4.2 Blbs of copper Measured and Indicated Mineral Resources, backstopped by a robust Preliminary Economic Assessment ▪ Significant exploration u
Slide 4: Located in Arizona Copper Country
LOCATED IN ARIZONA COPPER COUNTRY Arizona Produced ~70% of U.S. Copper in 2023 (USGS) ARIZONA ▪ Near mining and service hubs N Pinto Valley Globe-Miami U.S. / Phoenix (150 km) Resolution ▪ Excellent infrastructure with HIGHWAY access to road, rail and I-79 HIGHWAY I-77 renewable power Ivanhoe Electr
Slide 5: 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$188.9M Market Capitalization C$23.0 M Financing (May 30, 2024) 30.1% Strategic Shareholders: 39.3% C$22.1 M Cash & Equi
Slide 6: Resource Optimization
RESOURCE OPTIMIZATION Significant Upside Based on Phase II & III Drilling (Post-MRE) A Open Pit Grade Distribution A’ A Copper Prince Childs Aldwinkle 1,300RL Globe Phase II Mammoth Copper N Prince Marsha drilling 1,200RL confirms Old Childs 1,100RL extension to Reliable Aldwinkle mineralization 1,0
Slide 7: Drilling Shows Upside (Post-MRE)
DRILLING SHOWS UPSIDE (POST-MRE) Drill Hole Assay Results Copper Grade (%) >2.00 1.00 0.70 High-grade High-grade 0.50 intercept intercept 0.31 below below 0.25 Copper Copper 0.13 Prince Giant 0.05 0.00 Block Model Copper Grade (%) >2.00 1.00 0.70 0.50 0.31 0.25 0.13 0.00 Potential for Mineralization
Slide 8: 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 9: Drilling at the American Eagle Area
DRILLING AT THE AMERICAN EAGLE AREA ▪ Intersected significant mineralization above American N N Post Office Eagle porphyry underground resource Jailhouse Courthouse Rum Area ▪ Confirmed vertical continuity of mineralization from surface to Banjo underground American Eagle American Eagle ▪ New discov
Slide 10: 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 11: American Eagle Area: Near Surface Potential
AMERICAN EAGLE AREA: NEAR SURFACE POTENTIAL Mammoth Drill Hole FCD 24-074 Assay Results 50.20 m at 0.74% Cu, Copper Grade 0.62 g/t Ag from 46.20 m American (%) Eagle >2.00 FCD 24-069 Keel 29.08 m at 0.62% Cu, 200 m 1.00 0.70 1.14 g/t Ag from 145.69 m 0.50 FCD 24-065 0.31 22.92 m at 0.58% Cu, 0.25 FC
Slide 12: Area 51: New Discoveries
AREA 51: NEW DISCOVERIES 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 Qu
Slide 13: 2024 Metallurgical Results and Gold Program
2024 METALLURGICAL RESULTS AND GOLD PROGRAM Unlocking Significant Upside Coarse Grind Additional Gold Optimization Benefits Program Gold recovery over Over 95% copper High grade copper 75% supporting sulphide recovery concentrate potential to add gold with coarse grind (over 30% copper) to the resou
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: Next Steps
COPPER CREEK: NEXT STEPS Resource Update Technical Study Update Exploration Upside +30,000 metres of drilling (post Targeting higher metal output to be Steady news flow from ongoing 2023 MRE) targeting near-surface supported by resource update Phase III drill program resource expansion Metallurgical
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 Team and Board
LEADERSHIP TEAM AND BOARD 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
Slide 19: Faraday Copper: Recent History
FARADAY COPPER: RECENT HISTORY Redefining a Dormant Asset President and CEO Paul Harbidge appointed, assembled a Sept 2021 new management team to re-start technical work and completed C$5 million financing Feb 2022 Initiated 6,000-m initial drill program Apr 2022 Rebranded to Faraday Copper Corp. Ma
Slide 20: 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 21: Copper Creek: Large Land Package
COPPER CREEK: LARGE LAND PACKAGE ▪ ~73 km2 property offers strategic benefits ▪ Mineral claims include patented claims, unpatented claims and state prospecting permits ▪ Optionality for infrastructure placement ▪ Solar power generation potential ▪ Ranch includes ~26,000 acres of surface rights throu
Slide 22: 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 23: 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 24: 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 25: 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 26: 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
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