Faraday Copper Corp · TSX:FDY
Faraday Copper — Investor Presentation (September 2022)
25 slides from Faraday Copper's investor presentation, September 2022
Slide 1: Developing U.S. Domestic Sources of Copper
Developing U.S. Domestic Sources of Copper CORPORATE PRESENTATION September 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: Why Invest in Faraday Copper?
WHY INVEST IN FARADAY COPPER? Building a Premier North American Copper Exploration and Development Company ASSETS CAPITAL CATALYSTS ▪ Copper Creek, AZ: one of the largest ▪ Completed upsized equity ▪ Phase I drill program results undeveloped copper projects in offering of C$20 M in May 2022 (Q4 2022
Slide 4: 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 5: Faraday Copper: Corporate Overview
FARADAY COPPER: CORPORATE OVERVIEW Well-positioned for Success C$17.0 M C$57.6 M 123.0 M 15.0 M 12.5 M 1.7 M Cash & Market Shares Options Warrants Restricted Equivalents Capitalization Outstanding Share Unites (June 30, 2022) Financing Shareholders (May 2022) C$20 M Private Placement (May 2022) Anal
Slide 6: ESG Framework
ESG FRAMEWORK Bringing a Senior Company Approach to ESG TECHNICAL EXCELLENCE ENVIRONMENT Utilizing empirical evidence to support technical decisions A responsible steward of the natural environment ▪ MRE underpinned by a geological model ▪ On-going baseline and monitoring programs, U.S. ▪ Empirical
Slide 7: 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 8: 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 9: 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 protecte
Slide 10: 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 Paleocene Glory Hole Porphyry Volcanics Copper Creek Batholith ▪ The district is marked by over 400 breccias, concentrated in t
Slide 11: Copper Creek: Mineral Resources (July 2022)
COPPER CREEK: MINERAL RESOURCES (July 2022) 83% of Combined Open Pit and Underground MRE is in the M&I Category Metallurgy Tonnes Cu Mo Ag CuEq Cu Mo Ag CuEq ▪ 18 composites tested for Category metallurgical recoveries (Mt) (%) (%) (ppm) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) Open Pit NI 43-101 MRE ▪ 92% me
Slide 12: Significant Scale Potential
COPPER CREEK: SIGNIFICANT SCALE POTENTIAL Open Pit and Bulk Underground Extraction Potential Open Pit Grade Distribution Globe A 1,300RL Copper A Copper Prince Old Reliable A’ N Prince Marsha 1,200RL OPEN PIT Old Childs Reliable Aldwinkle 1,100RL A’ Mammoth Bald 100 metres 500 metres PLAN VIEW Under
Slide 13: Copper Creek: 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 14: Copper Creek: Phase I Drill Program Results
COPPER CREEK: PHASE I DRILL PROGRAM RESULTS ▪ Intercepted high-grade copper mineralization at the Mammoth breccia (FCD-22-008) 26.0 m at 0.76% Cu, A’ 0.67 g/t Ag, from surface A ▪ Defined new near-surface mineralized zones within 60 m from Childs Aldwinkle (FCD-22-005) Mammoth ▪ Expanded the upper K
Slide 15: Copper Creek: A Development Story
COPPER CREEK: A DEVELOPMENT STORY Optimization Opportunities Supported by over US$80 M of Data GEOTECHNICAL METALLURGICAL Core Logging and Televiewer Flotation Testwork Data Comminution Testwork Stability Analysis Mineralogical Studies Structural and Fragmentation Cu:Mo Separation Analysis Testwork
Slide 16: Copper Creek: District Exploration Upside
COPPER CREEK: DISTRICT EXPLORATION UPSIDE Most of the Drilling is Within the Resource Area, Offering Significant Untested Upside ✓ Data integration completed, covering: ✓ Geological mapping, geophysics, geochemistry, geochronology, spectral data, vein density mapping, petrography, alteration, and st
Slide 17: 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 18: Electrification Fueling Copper Demand
ELECTRIFICATION FUELING COPPER DEMAND Forecasted Supply Deficit will Impact De-carbonization Commitments Globally Forecast Global Refined Copper Demand Forecast Refined Copper Supply Deficit faradaycopper.com I page 18
Slide 19: Lack of U.S. Copper Development Projects
LACK OF U.S. COPPER DEVELOPMENT PROJECTS Copper Creek is a Sizable U.S. Copper Development Project Held by a Junior M&I Grade and Contained Mineral Resources (% CuEq) (2) 1,349 Active, Development-Stage Copper Primary Projects Globally 1.0% 6.0 Contained CuEq M&I Contained CuEq M&I (Blbs CuEq) 0.9%
Slide 20: Faraday Copper: Compelling Investment
FARADAY COPPER: COMPELLING INVESTMENT Peers with U.S.-based Copper Development Projects Enterprise Value / Resources (US¢/lb CuEq) (1)(2) Price / Net Asset Value (x) (3) 12.0¢ 0.8x 9.9¢ 0.6x 9.0¢ 8.2¢ 0.6x 0.5x 0.5x 6.0¢ 0.4x Average (excluding Faraday): 0.3x Average (excluding Faraday): 3.0¢ 0.3x 0
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: 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 24: 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 25: 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
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