Slide 1: Corporate Presentation April 2023
Corporate Presentation April 2023 NYSE AMERICAN & TSX: IE
Slide 2: Ivanhoe Electric – Unique Investment Opportunity
Ivanhoe Electric – Unique Investment Opportunity Founded by Executive Chairman, Robert Friedland Experienced executive management team Combination of advanced technologies and electric metals mining opportunities High-quality portfolio of exploration & development-stage assets in the United States,
Slide 3: Experienced Executive Management Team
Experienced Executive Management Team Robert Friedland Taylor Melvin Founder, Executive Chairman President & CEO Industry-leading company 20+ years combined with builder, entrepreneurial JP Morgan investment banking explorer and technology and Freeport-McMoRan innovator Quentin Markin Jordan Neeser
Slide 4: Typhoon™ & CGI – A Powerful Tool for Resource Discovery
Typhoon™ & CGI – A Powerful Tool for Resource Discovery Typhoon™ Computational Geosciences Inc. (CGI) Accurate and powerful geophysical Advanced data analytics, geophysical survey technology based on I-Pulse modelling and artificial intelligence for technology water, oil and minerals discoveries Suc
Slide 5: Typhoon™ – For the Next Generation of Discovery
Typhoon™ – For the Next Generation of Discovery Typhoon™ allows us to potentially discover deposits otherwise thought to be undetectable through conventional survey methods and technology INJECTED SIGNAL 1 MEASURED 2 SIGNAL SULFIDE MINERALS 3 4 +1.5 km Empire State Building for Scale Height: 443 met
Slide 6: Ivanhoe Electric & Ma’aden – 50/50 JV to Explore in Saudi Arabia
Ivanhoe Electric & Ma’aden – 50/50 JV to Explore in Saudi Arabia Typhoon™ to be deployed on a wide scale covering ~48,500 km2 of the underexplored Arabian Shield $126.4 million investment by Ma’aden into Ivanhoe Electric to fund the JV and Ivanhoe Electric’s US projects $66 million to fund the JV, i
Slide 7: VRB Energy – Proven Grid-Scale Battery Technology
VRB Energy – Proven Grid-Scale Battery Technology Scaleable, long-life, long-duration energy storage Proprietary Technology Low-cost ion-exchange membrane, long-life electrolyte formulation and innovative flow cell design VRB’s electrolyte is non-toxic, non-flammable and 100% reusable Proven Commerc
Slide 8: US-Focused Portfolio Provides Exposure to Major Discovery Potential
US-Focused Portfolio Provides Exposure to Major Discovery Potential HOG HEAVEN, MT Cu-Au-Ag UNITY, OR Cu TINTIC, UT Cu-Au-Ag WHITE HILL, NV Cu CAROLINA, NC Cu-Au LINCOLN, UT Cu-Au-Ag BITTER CREEK, AZ Cu-Au Other Global Opportunities SANTA CRUZ, AZ IE / Ma’aden Exploration JV, Saudi Arabia Cu Sama Ni
Slide 9: Santa Cruz – The Next Generation of USA Development Projects
Santa Cruz – The Next Generation of USA Development Projects SD NE NEVADA Salt Lake City San Francisco UTAH Denver CALIFORNIA COLORADO Large, high-grade copper resource Las Vegas Los Angeles ARIZONA Expansion potential on private land Phoenix Albuquerque NEW MEXICO SANTA CRUZ Tucson Pacific Ocean Te
Slide 10: Santa Cruz Deposit High-Grade Zones Focus of Initial Assessment / PEA
Santa Cruz Deposit High-Grade Exotic, Oxide and Chalcocite Zones will be the Focus of the Initial Assessment / Preliminary Economic Assessment 10
Slide 11: Significant Resource Upgrade at the Santa Cruz Copper Project
Significant Resource Upgrade at the Santa Cruz Copper Project Inferred Resources (contained copper) Indicated Resources (contained copper) DEC 8 2021 MRE DEC 31 2022 MRE 0.8 0.05 1.8 2.3 0.3 0.8 2.5 2.8 2.8 Santa Cruz Deposit Santa Cruz Deposit East Ridge Deposit Texaco Deposit All Deposits (0.39% c
Slide 12: 65% Increase in Tonnage and 82% Increase in Contained Copper in Indicated Resources
65% Increase in Tonnage and 82% Increase in Total Contained Copper in Indicated Resources Across Soluble Copper Domains 2.00 Indicated Resources (Mt) Indicated Resources (copper grade) 1.90 TONNAGE CONTAINED COPPER 1.80 2.09 147.0 +65% +82% 1.70 1.60 89.1 1.50 1.14 1.42% 1.40 1.28% 1.30 1.20 Dec 8 2
Slide 13: A Significant Undeveloped Copper Deposit in the Continental US
A Significant Undeveloped Copper Deposit in the Continental US (million metric tonnes Cu) Contained Copper 13 SCC-006 at 677 m
Slide 14: Tintic – Technology-Enabled Exploration in a Historic Mining District
Tintic – Technology-Enabled Exploration in a Historic Mining District Copper, gold and silver project Portland MONTANA ND OREGON Boise Historic district, consolidated land IDAHO WYOMING Salt Lake City 60 km south of Bingham Canyon NEVADA Provo Denver TINTIC CALIFORNIA UTAH COLORADO Identified Typhoo
Slide 15: Lode Gold-Silver with Evidence of Porphyry Copper
Lode Gold-Silver with Evidence of Porphyry Copper Historical mining stopped at the water table, but mineralization is believed to continue to depth Potential Mineralization? Empire State Building for Scale Height: 443 meters 15
Slide 16: Tintic Typhoon™ Survey Completed
Tintic Typhoon™ Survey Completed 72 km2 3D Induced Polarization survey – Ivanhoe Electric believes this is the largest of its kind ever completed 16
Slide 17: Ivanhoe Electric – Unique Investment Opportunity
Ivanhoe Electric – Unique Investment Opportunity Founded by Executive Chairman, Robert Friedland Experienced executive management team Combination of advanced technologies and electric metals mining opportunities High-quality portfolio of exploration & development-stage assets in the United States,
Slide 18: Safe Harbor
Safe Harbor Forward Looking Statements December 2022 and any reports that the Company has filed or may file with the Securities and Exchange Commission (the “SEC”), which are available on the SEC’s website at www.sec.gov. The Company cautions This presentation contains “forward looking statements” w
Slide 19: Technical Information
Technical Information Scientific and Technical Information The December 31, 2022 Mineral Resource Estimate and other scientific and technical information in this Notes on Santa Cruz Mineral Resources presentation related thereto has been prepared and approved by Christian Ballard, P.Geo. Nordmin 1.
Slide 20: For more information, visit IvanhoeElectric.com
For more information, visit IvanhoeElectric.com