Quebec Precious Metals Corporation

Quebec Precious Metals — Investor Presentation (June 2023)

29 slides from Quebec Precious Metals's investor presentation, Jun 6, 2023

  1. Slide 1: Advancing Québec's Top Tier Gold & Rare Earth Assets

    Sakami - Gold Kipawa – Rare Earths Advancing Québec’s TOP TIER GOLD & RARE EARTH ASSETS CORPORATE PRESENTATION – SPRING 2023

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This document includes forward -looking statements. Often, but not always, forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or

  3. Slide 3: Environmental Social Governance Commitment

    Environmental Social Governance Commitment We acknowledge that the territories which we have exploration projects are the unceded lands of the Crees of Eeyou Istchee and the Algonquin First Nations of the Kipawa Lake Watershed in Quebec. Our company’s commitment is to engage with the peoples of thes

  4. Slide 4: Company highlights

    Company highlights GOLD RARE EARTHS q Highly prospective land package (697 km2) located q Kipawa (68% QPM, 32% Investissement Quebec) in the emerging James Bay gold mining camp ü heavy rare earth elements (HREE) project, q Sakami: ü historical spent $37 M, ü 23-km long trend with up to 500 m deep an

  5. Slide 5: Strong shareholder support

    Strong shareholder support AS OF APRIL 30th, 2023 Closing price $0.08 Market cap $6.7 M Working capital $0.8 M Shares outstanding (April 2023) 83,400,257 Options @ $0.10 to $0.61 4,780,000 KEY SHAREHOLDERS Management & insiders including 16% Newmont Corporation Québec Institutions ü Caisse de dépôt

  6. Slide 6: Management and Corporate

    Management and Corporate Normand Champigny Chief Executive Officer Étienne Gouin-Proulx Corporate Development Manager https://www.linkedin.com/in/normandchampigny/ https://www.linkedin.com/in/etienne-gouin-proulx-cfa-cep-a10436a8/ Mr. Champigny is a geological engineer with extensive experience with

  7. Slide 7: Independent Directors

    Independent Directors James Shannon Chair of the Board and Director Julie Robertson Director https://www.linkedin.com/in/james-shannon/ https://www.linkedin.com/in/julie-l-robertson/ Mr. Shannon, M.Eng, MBA, CIM is a registered portfolio manager with over twenty Ms. Robertson is CFO at Marathon Gold

  8. Slide 8: James Bay Region – Sakami Project and Éléonore Mine

    James Bay Region – Sakami Project and Éléonore Mine Trans-Taiga Road Chisasibi Radisson Sakami BLANCHE AND CHARLES (SOLD TO CHAMPION ELECTRIC METALS) SAKAMI Wemindji CHEECHOO – ÉLÉONORE TREND NEW ELMER DISCOVERY ÉLÉONORE MINE (NEWMONT CORPORATION) (AZIMUT – PATWON PROSPECT) ELMER EAST Eastmain Billy

  9. Slide 9: James Bay Region – Comparable to Abitibi gold mining camp

    James Bay Region – Comparable to Abitibi gold mining camp q Well-developed infrastructure q Proximity to Éléonore Mine q Access to hydroelectric power q Engagement with local Cree communities TSX-V: QPM | OTCQB: CJCFF 9

  10. Slide 10: Sakami Project – The most promising regional discoveries

    Sakami Project – The most promising regional discoveries KEY RESULTS CHARLES SAKAMI 1.15 g/t Au over 80.1 m SAKAMI Incl. 2.21 g/t Au over 25 m (D) BLANCHE 6.40 g/t Au over 13 m (D) 26.35 g/t Au over 11 m (D) 6.40 g/t Au over 13 m (D) 1.45 g/t Au over 35.4 m (D) Sold to Champion Electric Metals for s

  11. Slide 11: Sakami Project – Established infrastructure

    Sakami Project – Established infrastructure ADJACENT HYDROELECTRIC POWER LINES AND ROAD ACCESS CHISASIBI WEMINDJI (150km) RADISSON (130km) (80km) Geological sub-province contact La Grande LA POINTE & LA POINTE EXTENSION SAKAMI RESERVOIR Opinaca TSX-V: QPM | OTCQB: CJCFF 11

  12. Slide 12: Sakami Project – Geological setting & magnetic footprint

    Sakami Project – Geological setting & magnetic footprint q 23-KM LONG MINERALIZED TREND between sediments and volcanics between La Grande and Opinaca geological sub-provinces q SHARP & WELL-DEFINED MAGNETIC FOOTPRINT along trend q Work to date focused on 4.7 KM along the contact with the presence of

  13. Slide 13: Sakami Project – Regional geology

    Sakami Project – Regional geology q Volcano-sedimentary (La Grande) and sedimentary (Opinaca) rocks, metamorphosed to amphibolite facies similar to the Éléonore mine q MINERALIZED TREND oriented WSW-ENE q Lithologies: SILICIFIED PARAGNEISS with intrusions, amphibolite q Gold-bearing horizon UP TO 75

  14. Slide 14: Sakami Project – La Pointe & La Pointe Extension deposits

    Sakami Project – La Pointe & La Pointe Extension deposits 372 000 373 500 375 000 376 000 Sakami Reservoir ¯ 950 m 5 895 000 5 895 000 La Pointe deposit 80 50 20 0m 10 50 2, La Pointe Extension deposit 5 2.5 1 m 750 Estimated true thickness (m) 3, x g/t Au 5 893 500 5 893 500 Legend Interpreted faul

  15. Slide 15: Sakami Project – La Pointe deposit

    Sakami Project – La Pointe deposit LA POINTE DEPOSIT EX-10: 2.51 g/t Au over 54.65 m incl. 3.52 g/t Au over 14 m EX-19: 9.22 g/t Au over 12.55 m incl. 11.82 g/t Au over 8.45 m EX-22: 4.16 g/t Au over 21 m incl. 6.4 g/t Au over 12.67 m PT-13-67: 3.78 g/t Au over 27.95 m incl. 4.01 g/t Au over 22.6 m

  16. Slide 16: La Pointe Extension – Keeps expanding

    La Pointe Extension – Keeps expanding q 47 holes drilled along trend q 14,535 m drilled since the 2020 discovery SW NE 0m 0m PT-20-166 PT-20-175 PT-20-161 PT-20-163 0.61 / 21.0 0.76 / 4.5 PT-20-171 PT-20-170 PT-21-177 0.62 /31.0 PT-20-162 0.70 / 68.5 PT-20-169 0.32 / 35.8 0.82 / 37.5 OPEN PT-21-178

  17. Slide 17: Sakami Project – Induced Polarization survey & new drill targets

    Sakami Project – Induced Polarization survey & new drill targets q Interpreted 2.5 KM-LONG MINERALIZED INTRUSIVE along gold-bearing trend q STRONG COINCIDENT IP and soil anomalies q 2023 drilling to test targets with potential for MULTI-MILLION OUNCE DEPOSIT TSX-V: QPM | OTCQB: CJCFF 17

  18. Slide 18: Elmer East Project – Lloyd discovery

    Elmer East Project – Lloyd discovery q ALONG TREND with Azimut’s Patwon discovery B566236 q WORK COMPLETED TO DATE: § Airborne & orthophoto surveys § Targeting study 0,331 g/t Au § Grab & channel sampling § Vein characterization 1,98 % Zn 13,55 g/t Au 1,89 g/t Au 0,884 g/t Au B565106 B565107 B565112

  19. Slide 19: Lloyd discovery – 4.2 km-long mineralized trend

    Lloyd discovery – 4.2 km-long mineralized trend Legend q Several gold discoveries, Priority target expanding trend from 60 m to 4,200 m Assays (g/t Au) q Open in all directions q Next phases of work: § Induced polarization survey § Drilling 2020 LLOYD DISCOVERY 2021 DISCOVERY (2021) 17.75 g/t Au, 8.

  20. Slide 20: Rare Earths Project – Kipawa & Zeus

    Rare Earths Project – Kipawa & Zeus TSX-V: QPM | OTCQB: CJCFF 20

  21. Slide 21: Rare Earths Project – Kipawa & Zeus - $37 M Spent

    Rare Earths Project – Kipawa & Zeus - $ 37 M Spent 68% QPM KIPAWA 32% Investissement Québec ZEUS 100% QPM LOCATION AND ACCESS q 22 claims (13 km2) q 51 claims (30 km2) q Lies in the Grenville geological province, approximately 55 km south of the geological q Toyotsu Rare Earth Canada holds 10% Net q

  22. Slide 22: Rare Earths Project - Block model

    Rare Earths Project - Block model 2013 feasibility study prices (all rare earths) 124 m 1,500 m 2023 prices* (4 most economic rare earths: Nd203, Pr203, Tb203, Dy203) 124 m 1,500 m * Bloomberg prices as of February 2023 TSX-V: QPM | OTCQB: CJCFF 22

  23. Slide 23: Rare Earths Project – Commodity overview

    Rare Earths Project – Commodity overview q Crucial to green technologies (wind turbines & hybrid cars), magnets (synchronous motors), aircraft engines and specialty glass q Supply/demand imbalance ■ Currently in magnet heavy rare earth oxides will grow in demand ■ Required additional new mine produc

  24. Slide 24: Kipawa - Comparison with peers

    Kipawa - Comparison with peers Rare Element Commerce Search Ucore Rare Torngat Quebec Precious Company Metric Defense Metals Soquem Vital Metals NioCorp Resources Resources Minerals Metals Inc. Metals Metals Corporation Deep fox & Project (name) Wicheeda Bear Lodge Ashram Kwyjibo Bokan Mountain Nech

  25. Slide 25: Rare Earths Project - 2023 Plan

    Rare Earths Project - 2023 Plan q Our values: honesty, accountability, respect and transparency q Our priorities: ■ Establish monitoring committee according to provincial guidelines ■ Forge lasting relationships with First Nations and key stakeholders ■ Understand local perceptions ■ Establish relat

  26. Slide 26: Champion Electric Metals – James Bay Lithium

    Champion Electric Metals – James Bay Lithium q In 2022, Champion Electric Metals (CSE:ITKO) acquired 100% of the Blanche and Charles lithium pegmatite prospects in the Eeyou Istchee James Bay territory of Quebec from QPM. q In return, QPM obtained 12,000,000 COMMON SHARES OF CHAMPION ELECTRIC, of wh

  27. Slide 27: Lithium Prospects

    Lithium Prospects q CHAMPION ELECTRIC METALS’ desktop review revealed that the project contains comparable favorable host rock and geotectonic setting - comparable to neighboring Corvette and Cancet lithium-bearing pegmatite deposits discovered by PATRIOT BATTERY METALS. q Identified at least 17 ROB

  28. Slide 28: Why QPM Should Outperform its Peers?

    Why QPM Should Outperform its Peers ? LOW DOWNSIDE Low market capitalization Sakami gold project: advancing towards resource estimate HIGH UPSIDE Sakami project: Extending deposit & testing a large intrusive target over 2.5 km Kipawa and Zeus rare earths project : significant economic value Position

  29. Slide 29: Contact details

    Normand Champigny Étienne Gouin-Proulx Chief Executive Officer Manager, Corporate Development T: 514-979-4746 T:438-492-2427 E: nchampigny@qpmcorp.ca E: egouinproulx@qpmcorp.ca 1080 Côte du Beaver Hall, Suite 2101, Montreal, Quebec H2Z 1S8 www.qpmcorp.ca

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