Fireweed Metals Corp. · TSXV:FWZ

Fireweed Metals — Investor Presentation (June 2022)

19 slides from Fireweed Metals's investor presentation, Jun 21, 2022

  1. Slide 1: Critical Metals Powerhouse

    TSX-V: FWZ OTCQB: FWEDF FSE: 20F CRITICAL METALS POWERHOUSE June 2022

  2. Slide 2: Cautionary Statements

    Cautionary Statements 2 The following statements are required by Canadian securities legislation: PEA Cautionary Note Readers are cautioned that the PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic consideratio

  3. Slide 3: About Fireweed

    3 About Fireweed TSX-V: FWZ Fireweed Metals is a Canadian mining exploration and In the USA, Fireweed trades on the development company focused on advancing the Macmillan OTCQB Venture Market under the symbol FWEDF. Pass and Mactung Projects. Our Vision Fireweed Metals will sustainably explore and d

  4. Slide 4: Why Critical Metals? Why Fireweed?

    4 Nascent Bull Market Massive Global for Base Metals Stimulus Incoming Why Critical Metals? Recent crisis has highlighted fragility in metals market Fiscal stimulus will focus on infrastructure which is bullish for Zinc Why Fireweed? Macpass and Mactung Big Names Already are Clear Standouts Paying A

  5. Slide 5: Board of Directors

    5 Board of Directors Brandon Macdonald George Gorzynski CEO & Director • VPX Impact Silver • Chairman of Commander Resources Ltd • Ex Macquarie Bank Adrian Rothwell • BSc Geology UBC, MBA Oxford University • CEO Angold Resources • Long history of work in Yukon including zinc projects • Formerly Gold

  6. Slide 6: Share Structure

    6 Management: 10% Share Structure Other: Teck: 9% As of June 23, 2022 27% Hudbay: 4% 91.9M 367K 7.4M Issued & Agent’s Warrants Investor Warrants Outstanding Ibaera Capital: 11% 3.7M 3.7M 103.4M Close Associates: 40% Options Performance Fully Diluted Shares Other Funds: 4%

  7. Slide 7: Regional Location & Infrastructure

    7 Gayna River MacTung and New Zinc exploration project with intriguing potential and significant Macmillan Pass mineralization N O R T H W E S T Y U K O N T E R R I T O R I E S Over 977 sq km land package The project is accessible via a 3 km road from the North Canol Road off the Robert Campbell Hwy

  8. Slide 8: Macmillan Pass Overview

    ia | FIREWEED METALS Macmillan Pass Overview

  9. Slide 9: Macmillan Pass

    MACMILLAN PASS =e 940 sq km

  10. Slide 10: 2018 Resource Update and PEA

    10 2018 Resource Update and PEA Resource Estimate Preliminary Economic Assessment Mt Zn Pb Ag ZnEq Indicated 11.2 6.59% 2.48% 21.33g/t 9.61% 24% C$448M C$404M 39.5 5.84% 3.14% 38.15g/t 10.00% After-tax IRR After-tax NPV8 Initial CAPEX Inferred Zinc Lead Silver 18yrs 32.7Mt * Using US$1.21/lb Zn, $0.

  11. Slide 11: Exploration Targets

    CORVUS >3 km long Zn-in-soil anomaly Large Zinc-in-soil anomaly Exploration Targets Mineralized erratics, gravity and soil anomaly ANS \ > AA > Lead-in-soil anomaly, up-ice } Large Zinc-in-soil anomaly al from high-grade glacial erratics | with up to 1.8% Zn in soil eae Major structure, Historic VOL

  12. Slide 12: Blueprint for Value Creation

    12 Blueprint for Value Creation 2018 PEA Establishes Base Case, then add: Gov’t Road Government C$71M funding of road reduces up front CAPEX Funding Engineering Optimizations increase pit size at Tom using new Engineering Geotech/Geochem data Resource Resource Expansion at both Tom & Jason improve m

  13. Slide 13: Near-Term Road Map

    13 Exploration Engineering ESG Near-Term 2022 Drilling for new resource • Expand Boundary Zone Boundary Zone Metallurgical Test Results Expand baseline sampling programs Road Map West (BZW), Boundary, Tom & Jason Continuing Engagement and Consultation with First Nations New Targets Engage Study Team

  14. Slide 14: Mactung Overview

    ¢ FIREWEED METALS lew 2 a 3") © Se > fe) : d) x c \x = We " — 4 o a:

  15. Slide 15: Why Tungsten?

    Why Tungsten? Critical Metal 01 Tungsten is a critical metal as now listed by Canada, the US, and the EU, with extreme physical characteristics necessary for many industries China Market Domination 02 China controls both the resource and production side of the Tungsten market, creating risks to the

  16. Slide 16: Mactung Location

    t 16 Mactung Location en Historic Indicated Resource of 33 cy - . million tonnes grading 0.88% WO3 a v BOUNDARY WEST We ” Ne ON az a re > N \ \ A \ Dawson Gity® bo \ Whitehorse es ) 10 - — — Sea

  17. Slide 17: Mactung Relative Resource Size

    17 Mactung Relative Resource Size Relative Size: Contained WO3 metal (t) Mactung is one of the largest, highest-grade 450,000 undeveloped tungsten deposits in the world. Logtung 400,000 Hemerdon Mactung Macmillan Pass is one of the largest undeveloped 350,000 Sisson Sangdong zinc deposits in the wor

  18. Slide 18: Potential Combined Opportunities

    18 Potential Combined Opportunities While on it’s own Mactung is a strong project, we believe there are potential capital and operating synergies that could be gained by developing the projects together. Capital Operating Bulk discount pricing for mining fleet Bulk discount pricing for consumables R

  19. Slide 19: Thank You.

    Thank You. Contact Us Please visit us online at fireweedmetals.com and follow our updates. Brandon Macdonald Head Office TSX-V: FWZ CEO & Director OTCQB: FWEDF Suite 1020 – 800 W. Pender St. +1-604-646-8360 Vancouver, British Columbia Please check us out online at: Canada V6C 2V6 brandon@fireweedmet

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