Faraday Copper Corp · TSX:FDY
Faraday Copper — Investor Presentation (June 2022)
32 slides from Faraday Copper's investor presentation, June 2022
Slide 1: Developing US Domestic Sources of Copper
Developing US Domestic Sources of Copper CORPORATE PRESENTATION June 2022
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Some of the statements in this presentation, other than statements of historical fact, are “forward-looking statements” and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that a
Slide 3: Bringing a Senior Mining Company Expertise
BRINGING A SENIOR MINING COMPANY EXPERTISE MANAGEMENT Paul Harbidge Graham Richardson Dr. Thomas Bissig Zach Allwright Aaron Cohn Angela Johnson Stacey Pavlova President, CEO & Director Chief Financial Officer VP Exploration VP Projects & VP & Country VP Corp Development VP Investor Relations Evalua
Slide 4: Why Invest in Faraday Copper?
WHY INVEST IN FARADAY COPPER? Building a premier North American copper exploration and development company COPPER ASSETS MANAGEMENT CAPITAL FUNDAMENTALS Copper Creek, AZ: one of the Experienced Management & Completed upsized equity Opportunity for U.S. copper largest undeveloped copper Board
Slide 5: Faraday Copper: Well-Positioned for Success
FARADAY COPPER: WELL-POSITIONED FOR SUCCESS Ticker CSE: FDY $1.10 2,000,000 $1.00 1,800,000 Share Price (June 3, 2022) C$0.83 $0.90 1,600,000 $0.80 1,400,000 52-Week Trading Range C$0.35 – C$1.00 $0.70 1,200,000 $0.60 Basic Shares Outstanding 122.26M $0.50 1,000,000 800,000 $0.40 Options (avg ex $0.
Slide 6: ESG Framework
ESG FRAMEWORK Bringing a senior company approach to ESG GOOD GOVERNANCE COMMUNITY ENGAGEMENT Conduct business with integrity, Commitment to open dialogue and support for transparency and fairness the local economy and social programs HEALTH & SAFETY CLEAN ENERGY FUTURE Instill a zero harm work envir
Slide 7: Project Snapshot
“S| FARADAY COPPER PROJECT SNAPSHOT
Slide 8: Project Timeline & Milestones
PROJECT TIMELINE & MILESTONES 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Copper Creek, Arizona Environmental data gathering Strategic review of existing data Phase 1 diamond drilling Geological model developed Updated mineral resource estimate Metallurgical test work Geotechnical studies Pha
Slide 9: Faraday Copper: A Development Story
FARADAY COPPER: A DEVELOPMENT STORY Optimization and exploration opportunities supported by over US$100M of data GEOTECHNICAL METALLURGICAL Core Logging and Televiewer Floatation Testwork Data Comminution Testwork Stability Analysis Mineralogical Studies Structural and Fragmentation Cu:Mo Separation
Slide 10: Copper Creek
COPPER CREEK PINAL COUNTY, AZ
Slide 11: Copper Creek: Top Mining Jurisdiction
COPPER CREEK: TOP MINING JURISDICTION 100% owned, ~41 km2 property in Pinal County, Arizona — a top ranked mining Pinto Valley Globe-Miami Arizona, USA jurisdiction in the world Resolution Contiguous group of patented and Ray Morenci unpatented Federal claims and Arizona prospecting permits Saff
Slide 12: Copper Creek: Property Package
COPPER CREEK: PROPERTY PACKAGE Over 200,000 m of historical drilling data available Total Number Company Date Drilling of Holes (m) Calumet & Arizona 1914 14 1,649 Bureau of Mines 1942-43 31 893 Siskon 1956-58 25 1,227 Bear Creek Mining 1959-62 15 8,865 Newmont 1966 22 9,223 Occidental 1968-70 49 2,
Slide 13: Copper Creek: Geological Model
COPPER CREEK: GEOLOGICAL MODEL Legend Mineralization centred on Copper Creek Vein batholith (Laramide age) Breccia Emplaced into Precambrian and Paleozoic Porphyry sediments and Cretaceous Glory Hole Volcanics Copper Creek Batholith The district is marked by over 400 Glory Hole breccias, conce
Slide 14: Copper Creek: Cross Section
COPPER CREEK: CROSS SECTION NW SE Cu (%) A Mammoth A’ Breccia American Eagle Cu (%) CK35.5-50 125.0 m at 2.50% Cu Porphyry RAE-11-061 N A 61.0 m at 1.43% Cu Keel RAE-11-066 57.7 m at 1.73% Cu Porphyry LM1 HN1 185.9 m at 1.02% Cu 76.2 m at 1.13% Cu LM2 76.2 m at 1.51% Cu A’ SK-1-HN21 Southeast trendi
Slide 15: Copper Creek: Historic Mineral Resources
COPPER CREEK: HISTORIC MINERAL RESOURCES The historic open pit Tons Cu Mo Ag CuEq Cu Mo Ag CuEq constrained MRE was based Category ('000) (%) (%) (ppm) (%) (Blbs) (Mlbs) (Moz) (Blbs) on a large-scale open pit extraction only Historic Open Pit Constrained NI 43-101 MRE (Jun 2012) M&I 501,175 0.44%
Slide 16: Copper Creek: Metallurgical Test Work
COPPER CREEK: METALURGICAL TEST WORK High metal recoveries and clean quality concentrate MSRDI Consultants (1997) met holes in Childs Aldwinkle and Mammoth shown in orange Extensive test work completed on 18 composites METCON (2008 – 2012) composites shown on respective drillholes Open cycle Cu-
Slide 17: Copper Creek: Pit Potential
COPPER CREEK: PIT POTENTIAL The Copper Creek PEA will validate the economic potential of open pit extraction within the near surface breccias A’ A’ A Globe B’ Copper Prince Old Reliable Childs Aldwinkle B B’ A Mammoth B CuEq (%) LOOKING WEST Copper Globe Childs Prince Aldwinkle Mammoth Notes: The
Slide 18: Copper Creek: Bulk Underground Potential
COPPER CREEK: BULK UNDERGROUND POTENTIAL Large underground footprint offers optionality The PEA+ will consider various underground extraction options, taking advantage of the optionality the orebody presents The image below reflects conceptual stope blocks generated with the 2012 historic minera
Slide 19: Copper Creek: Phase I Drill Program
COPPER CREEK: PHASE I DRILL PROGRAM ~6,000 m expanded exploration program 2 CuEq % N Glory > 1.0 Testing porphyry and breccia style Hole 3 0.7-1.0 mineralization 6 Copper 0.4-0.7 Giant 0.2-0.4 Copper Nine drill holes, including: 5 Prince 1: From Childs-Aldwinkle to Mammoth, N to S 4 and 8 1 2:
Slide 20: Copper Creek: District Exploration Upside
COPPER CREEK: DISTRICT EXPLORATION UPSIDE High conductivity zone in western Limited drilling with good Cu NEXT STEPS breccias sericite-clay alteration intercepts > 0.5% Currently: Integrating NE oriented zone of existing technical data elevated conductivity layers High copper in surface geochemistry
Slide 21: Contact Copper
CONTACT COPPER ELKO COUNTY, NV
Slide 22: Contact Copper: Top Mining Jurisdiction
CONTACT COPPER: TOP MINING JURISDICTION 100% owned, +5,300 acres of patented and unpatented mining claims Twin Falls 80 km north of the town of Wells in Elko County, NV — a top ranked mining Oregon Idaho Jackpot jurisdiction in the world Utah Nevada The majority of the defined mineral Contact
Slide 23: Contact Copper: Mineral Reserves and Resources
CONTACT COPPER MINERAL RESERVES AND RESOURCES Disseminated oxide copper Historic NI 43-101 Compliant Reserves and Resource Estimate (2013) mineralization in quartz veins Category Tons Cu Cu within large structural zones ('000) (%) (Mlbs) Proven Reserves 57,678 0.23% 263.2 Mineralization is oxidi
Slide 24: Contact Copper: Copper Oxide Deposit
CONTACT COPPER: COPPER OXIDE DEPOSIT Traced over 2.3 km east-west and 0.9 km north-south Open to the west, to the north and to the south. Open at depth Current scope of work: metallurgical review, geological model audit, Mineral Resource review, staking of additional claims, initiation of noti
Slide 25: Contact Copper: Exploration Upside
CONTACT COPPER: EXPLORATION UPSIDE Excellent potential to expand the Contact 678000E 4630000N 682000E 686000E deposit in multiple directions PFS Waste Rock N Past surface sampling programs at the Copper Ridge and New York prospects indicate the New York PFS Pit Shell Prospect potential for addit
Slide 26: Faraday Copper: Why Invest?
FARADAY COPPER: WHY INVEST? Multi-billion-pound U.S. domestic source of copper, supporting the clean energy transition Extensive historical data to form the basis for optimization of both projects with near-term study delivery Projects offer the potential for low carbon footprint operations wi
Slide 27: Appendix
FARADAY COPPER APPENDIX
Slide 28: Copper Creek: Open Pit Constrained MRE
COPPER CREEK OPEN PIT CONSTRAINED MRE Mineral Resource Estimate Historic NI 43-101 Compliant Resource Estimate (Jun 2012) prepared by IMC (2012) Tons Cu Mo Ag CuEq Cu Mo Ag CuEq CuEq envisaged large scale open pit Cut-Off Category ('000) (%) (%) (ppm) (%) (Blbs) (Mlbs) (Moz) (Blbs) extraction only
Slide 29: Copper Creek: Underground Constrained MRE
COPPER CREEK UNDERGROUND CONSTRAINED MRE 2013 PEA envisaged selective Historic NI 43-101 Compliant Resource Estimate (Dec 2012) underground extraction only Tons Cu Mo Ag CuEq Cu Mo Ag CuEq Category The associated underground constrained resource focused on: ('000) (%) (%) (ppm) (%) (Blbs) (Mlbs)
Slide 30: Copper Creek: 2013 Historic PEA
COPPER CREEK: 2013 HISTORIC PEA Summary of the 2013 Historic PEA 2013 Historic PEA envisages an underground room and Throughput Rate ▪ 25,000 short tons per day pillar/post pillar with backfill operation Mining Method ▪ Room and pillar with backfilling ▪ Standard flotation Conventional grind/flo
Slide 31: Metallurgical Test Work
COPPER CREEK: METALLURGICAL TEST WORK METCON (2008-2012) Cu-Mo second cleaner flotation test results on composite samples Rougher flotation tests on 14 composite samples Keel & American Eagle Mid grade Globe breccia High grade Globe breccia Strongly oxidized Copper Prince Weakly to unoxi
Slide 32: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 250, 200 Burrard Street VP Investor Relations Vancouver, BC Canada 778-730-1067 www.faradaycopper.com info@faradaycopper.com