Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Investor Presentation (April 2023)
17 slides from Freeman Gold's investor presentation, April 2023
Slide 1: Developing a Million Ounce High-Grade, Near-Surface Oxide Gold Deposit
APRIL 2023 DEVELOPING A MILLION OUNCE INVESTOR PRESENTATION [TSX-V: FMAN, FWB: 3WU, OTC: FMANF] HIGH-GRADE, NEAR-SURFACE INVESTOR DECK2019 OXIDE GOLD DEPOSIT IN IDAHO
Slide 2: Disclaimer
Disclaimer This corporate presentation and the information contained herein (the “Presentation”) is confidential proprietary and for authorized use only. It is being provided for the use of prospective investors solely for such investors’ confidential use, with the express understanding that, withou
Slide 3: Investment Highlights Lemhi Gold Project
Investment Highlights Lemhi Gold Project Idaho, USA • Updated NI43-101 compliant mineral resource estimate (DATE, 2023) defining high grade, oxide, near surface gold deposit: Ø 988,100 oz Au at 1 .00 g / t Measured & Indicated Ø 234,700 oz Au at 1 .0 1g/ t Inferred • Phase 2 2022 drill program compl
Slide 4: Unparalleled Success
Unparalleled Success Paul Matysek Will Randall Bassam Moubarak EXECUTIVE CHAIRMAN & DIRECTOR PRESIDENT, CEO & DIRECTOR CHIEF FINANCIAL OFFICER & DIRECTOR Developed and sold 6 public companies creating over $3 billion in Geologist with 20 years of experience and successful track Seasoned executive wh
Slide 5: Corporate Structure
Corporate Structure As at April 10, 2022 FREEMAN GOLD (FMAN,TSX-V; FMANF, OTCQX) 131,751,484 Stock Options 12,025,000 Restricted Share Units 1,150,000 Warrants 30,668,496 FULLY DILUTED 175,594,980 Management and insider Analyst Coverage: ownership: Cash Position ~20% $4.35 Million As of February 28,
Slide 6: Top Tier Jurisdiction
Top Tier Jurisdiction • Idaho is one of the top ranked jurisdictions globally with an extensive and rich mining history. PERPETUA RESOURCES • Idaho earned the following rankings on (STIBNITE) the 2021 Fraser Institute Mining Survey: • No. 7 on the Investment EXCELLON RESOURCES Attractiveness Index.
Slide 7: Drill Program & Updated Resource Complete
2022-2023 Drill Program & Updated Resource Complete • Completed 50 step out & resource expansion holes for a total of 12,168 metres and 10 reverse circulation holes totaling 1,620 metres • Successfully increased resource by >22% bringing total ounces over all categories to >1.2 million at an average
Slide 8: 2022-2023 Drilling Program
2022-2023 Drilling Program • Phase 2 and 3 drill programs were designed to build on >107,000 metres of previous drilling • Designed to: ü Test mineralized extents within resource pit boundaries ü Increase confidence and resource categories • Over 13,700 metres completed at Lemhi (50 core & 10 revers
Slide 9: 2023 High Grade Mineral Resource Estimate
2023 High Grade Mineral Resource Estimate Open Pit (OP) / Contained Grade Au Au Cutoff (g/t) Zone Metric Tonnes Category Underground (UG) Ounces (g/t) 0.35 Lemhi & Beauty OP 4,469,000 168,800 1.15 Measured 0.35 Lemhi & Beauty OP 25,553,000 819,300 0.98 Indicated 0.35 Lemhi & Beauty OP 30,022,000 988
Slide 10: 2023 Mineral Resource Estimate
2023 Mineral Resource Estimate • Near surface mineralization hosting oxide gold • Flat lying high grade mineralization • Amenable to open pit mining and high- grade underground mining beneath the Underground Ounces in 2023 MRE pit • Multiple high grade intervals close to surface • Mineralization ope
Slide 11: Lemhi Gold Deposit – Open to the North
Lemhi Gold Deposit – Open to the North • Deposit remains open to the North with potential to add significant ounces • Highlighted expansion holes to the North • 9.7 g/t Au over 3m (FG22-030C); • 1.23 g/t Au over 36m (FG22-034C); • 1.7 g/t Au over 12.19m (FG22- 063R); 1.23 g/t over 36 metres • Known
Slide 12: Lemhi Gold Deposit – Open to the South
Lemhi Gold Deposit – Open to the South • Deposit remains open to the South with potential to add significant ounces; • Southern expansion drilling successfully extends known mineralization 350 metres Mineralization Open • Highlighted expansion holes to the South • 5.95 g/t Au over 9.14m (FG22- 022C)
Slide 13: Excellent Metallurgy
Excellent Metallurgy • Metallurgical testing indicates gold recoveries of 96.7% • Conventional tank leach processing favoured • Recovery of coarse gold with gravity pre- treatment • Moderate grind size (80% passing 110 microns) • High recoveries take advantage of high grade in positive gold price en
Slide 14: The Permitting Advantage…
The Permitting Advantage… Idaho Department of Water Resources awarded water rights for both mining and domestic use in Freeman’s patented mining claims representing the only registered water rights in the Lemhi Deposit Basin – May 23, 2022 Baseline studies conducted by AGR show no major obstacles to
Slide 15: Beauty Zone Drill Discovery
Beauty Zone Drill Discovery • Mineralization is continuous approximately 150 metres along strike 450 g/t Au on Surface and 115 metres down dip (Main Zone) • Main zone showing continuity down dip and localized mineralization both above and below the main zone A B • Highlights include • 68.23 g/t Au o
Slide 16: Directors
Directors Paul Matysek Will Randall Bassam Moubarak Simon Marcotte Victor Cantore EXECUTIVE CHAIRMAN & DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR • Serial entrepreneur, geochemist • Discovered and developed the Sal • Raised over $200 Million to finance • Over 20 years of capital • Seasoned capital
Slide 17: Bassam Moubarak, Chief Financial Officer
Bassam Moubarak Chief Financial Officer CELL: 604-618-4919 EMAIL: bm@bmstrategiccapital.com April 2023 INVESTOR PRESENTATION [TSX-V: FMAN; FWB: 3WU OTC: FMANF]