Class 1 Nickel & Technologies Ltd. · CSE:NICO

Class 1 Nickel & Technologies — Investor Presentation (November 2024)

24 slides from Class 1 Nickel & Technologies's investor presentation, Nov 14, 2024

  1. Slide 1: Recharging a Past-Producing Nickel Asset in a Battery Metals Super Province

    Recharging a Past-Producing Nickel Asset in a Battery Metals Super Province Q4-2024 CSE: NICO | OTCQB: NICLF

  2. Slide 2: Disclaimer

    CSE: NICO | OTCQB: NICLF Cautionary Statements Concerning Forward-Looking Statements Cautionary Note to U.S. Readers Regarding Estimates of Mineral Resources This presentation (“Presentation”) is being issued by Class 1 Nickel and Disclaimer Technologies Limited (the “Company”) for information purpo

  3. Slide 3: A Green Energy Metal Opportunity in Canada

    Metal Demands GREEN REVOLUTION Canada’s Critical Minerals for Infrastructure Fund ($1.5B) Battery Industry A Green Energy and Tax Credit offer clear support to accelerate the Metal Opportunity exploration, production 33.3% 33.3% and processing of critical in Canada minerals needed for the 2016 Criti

  4. Slide 4: Recharging a Past-Producing Nickel Asset in a Battery Metals Super Province

    Class 1 Nickel and Technologies Ltd. Recharging a Past-Producing Nickel Asset in a Battery Metals Super Province Class 1 Nickel (CSE: NICO | OTCQB: NICLF) • Flagship Property: Past Producing Alexo-Dundonald Nickel Sulphide Deposits near Timmins Ontario. • Positioned for Near-term Production: Advance

  5. Slide 5: A Battery Metals Super Province

    A HISTORICALLY SIGNIFICANT NICKEL REGION A Battery Metals Super Province 1 5 Alexo-Dundonald, Ontario 2 ✓ 30.9 km2 property with past-producing nickel sulphide mines strategically located close to several processing facilities (Strathcona Mill, Sudbury | Kidd Creek, Timmins). ✓ Total Mineral Resourc

  6. Slide 6: Alexo-Dundonald Nickel: Timmins Mining Camp, Ontario

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Alexo-Dundonald Nickel: Timmins Mining Camp, Ontario • The Timmins Mining Camp is one of the most prolific mining districts in the world – host to numerous nickel deposits and past high-grade (>1% Ni) producers. • Unparalleled infrastructure and discovery opp

  7. Slide 7: Location of Nickel Deposits & Open Pit Shells for Updated Resources

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Location of 4 Nickel Deposits & Open Pit Shells for Updated Resources • Updated Alexo South MRE – reported April 24, 2024 • Indicated Resources of 572 kt at 0.61% Ni (7.7M lbs Ni) • Inferred Resources of 125 kt at 0.54% Ni (1.5M lbs Ni) • With only 18% of the

  8. Slide 8: Alexo-South Nickel Sulphide Deposit

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Alexo-South Nickel Sulphide Deposit Plan map of the Alexo South MRE showing historical drill holes (red), 2021 Class 1 drill holes (blue), the pit optimized shell (grey), and Indicated (IND) and Inferred (INF) mineralized blocks. Cross-section of the Alexo So

  9. Slide 9: Alexo South Updated Mineral Resource Estimate

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Alexo South Updated Mineral Resource Estimate 44% Increase in Indicated Tonnes + 10% Increase in Nickel Pounds; 693% Increase in Inferred Resources + 419% Increase in Nick el Pounds over 2020 Estimate ALEXO SOUTH MINERAL RESOURCE ESTIMATE (1-17) Grade Contain

  10. Slide 10: Alexo-North Nickel Sulphide Deposit

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Alexo-North Nickel Sulphide Deposit Plan map of the Alexo North MRE showing historical drill hole traces (red), 2021 Class 1 drill hole traces (blue), the pit optimized shell (grey), and Indicated (IND) and Inferred (INF) mineralized blocks. Cross-section of

  11. Slide 11: Alexo North Updated Mineral Resource Estimate

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Alexo North Updated Mineral Resource Estimate 63% Increase in Indicated Tonnes + 8% Increase in Nickel Pounds; 100% Increase in Inferred Tonnes + 100% Increase in Nickel Pounds Over 2020 Estimate ALEXO NORTH MINERAL RESOURCE ESTIMATE (1-17) Grade Contained Me

  12. Slide 12: Dundonald South Nickel Sulphide Deposit

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Dundonald South Nickel Sulphide Deposit Generalized geological plan map of the Dundonald South Deposit, with shaded areas for the The updated and interpreted 3D geological model (looking north) showing the categorized Indicated (red) and optimized pit shells,

  13. Slide 13: Dundonald South Updated Mineral Resource Estimate

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Dundonald South Updated Mineral Resource Estimate 781% Increase in Pit-Constraint Indicated Tonnes + 474% Increase in Nickel Pounds Over 2020 Estimate DUNDONALD SOUTH MINERAL RESOURCE ESTIMATE (1-17) Grade Contained Metal Deposit Classification Tonnage (t) Ni

  14. Slide 14: 4 Deposits: 3.4Mt at 0.54% Ni Indicated and 5.9Mt at 0.61% Ni Inferred

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO 4 Deposits: 3.4Mt at 0.54% Ni Indicated and 5.9Mt at 0.61% Ni Inferred ALEXO-DUNDONALD UPDATED MINERAL RESOURCE ESTIMATE Grade Contained Metal Deposit Classification Tonnage (t) Ni Cu Co NiEq NSR Ni Cu Co (%) (%) (%) (%) (C$/t) (k lbs) (k lbs) (k lbs) Total P

  15. Slide 15: Excellent Exploration Upside

    ALEXO-DUNDONALD NICKEL PROJECT - ONTARIO Excellent Exploration Upside • More than 14 linear km of komatiitic rocks with known nickel sulphide mineralization and significant exploration opportunity. • The Alexo-Dundonald nickel sulphide system is underexplored at depth and along strike of known depos

  16. Slide 16: Somanike Nickel Project (Marbridge Mine)

    SOMANIKE NICKEL PROJECT - QUEBEC Somanike Nickel Project (Marbridge Mine) Past-producing nickel sulphide mine with excellent exploration upside and existing infrastructure • Somanike Project covers 69 km² and includes the historical Marbridge high-grade nickel mine, Quebec’s first nickel mine. • Loc

  17. Slide 17: River Valley PGE Project

    RIVER VALLEY PGE PROJECT - ONTARIO River Valley PGE Project Contact-style PGE-Cu-Ni sulphide mineralization in a large-layered intrusion offers upside through exploration • Proximal to the Sudbury Mining Camp, River Valley offers excellent access and infrastructure with exploration opportunity for P

  18. Slide 18: The Next Chapter

    LAST 60 YEARS ✓ Exploration completed in the The Next Chapter 60s. ✓ Shallow drilling to only 200 Historical producing nickel assets offer significant exploration metres. upside and near-term production potential. ✓ Mining at the Marbridge Mine (1962-68), the first nickel Capex-lite Mining sulphide

  19. Slide 19: Driving Canada's Advanced Nickel Explorer

    CORPORATE OVERVIEW Driving Canada’s Advanced Nickel Explorer Major Security Holders David Fitch | President & CEO David Crevier | Non-Executive Director Class 1 has a supportive register, including Extensive experience in commercial Partner of the law firm Colby Monet LLP, in Montreal Quebec, he has

  20. Slide 20: Key Management & Independent Consultants

    CORPORATE OVERVIEW Key Management & Independent Consultants Alex Beloborodov (P.Geo.) | Exploration Manager Robin Adair (P.Geol.) | Independent Geological Technical Advisor Professional Geologist (OGQ#01220) with 37 years in mineral exploration and Professional Geologist (OGQ#01637) with 13 years of

  21. Slide 21: Capital Structure

    CLASS 1 NICKEL - CORPORATE OVERVIEW Capital Structure An undervalued nickel sulphide company, positioning itself to leverage historical high-grade production and be the next domestic supply to the global battery market. Capital Structure (as of November 14, 2024) CSE: NICO OTCQB: NICLF 52 Week High

  22. Slide 22: Respect for our past, present and future

    ENVIRONMENTAL, SOCIAL, AND GOVERNANCE ✓ Supply chain integrity Respect for our past, ✓ Environmental assessments present and future E ✓ Water management practices ✓ Site rehabilitation and cultural consideration Class 1 Nickel acknowledges that responsible reactivation requires the co-operation and

  23. Slide 23: Investment Summary

    CLASS 1 NICKEL - CORPORATE OVERVIEW Investment Summary An undervalued nickel sulphide company, positioning itself to leverage historical high-grade production and be the next domestic supply to the global battery market. • Flagship Property: Past Producing Alexo-Dundonald Nickel Sulphide deposits ne

  24. Slide 24: David Fitch | President & CEO

    @Class1Nickel www.class1nickel.com +1.416.454.0166 @Class-1-Nickel info@class1nickel.com CONTACT David Fitch | President & CEO 82 Richmond Street East dfitch@class1nickel.com Toronto, ON, M5C 1P1 600 - 2075 Robert-Bourassa Montreal, QC, H3A 1L1 Q4 - 2024 CSE: NICO | OTCQB: NICLF 24

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