Slide 1: Growing U.S. Copper Resources
Growing U.S. Copper Resources CORPORATE PRESENTATION September 2024 FDY: TSX I CPPKF: OTCQX A Lundin Group Company
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: Investment Highlights
INVESTMENT HIGHLIGHTS Significant Resource Growth Through New Discoveries Investment Highlights ▪ Copper Creek is a large Cu-Mo-Ag resource in Arizona, U.S. with over 4.2 Blbs of copper Measured and Indicated Mineral Resource backstopped by a robust Preliminary Economic Assessment ▪ Significant expl
Slide 4: Located in Arizona Copper Country
LOCATED IN ARIZONA COPPER COUNTRY Arizona Produced ~70% of U.S. Copper in 2023 (USGS) ARIZONA ▪ Near mining and service hubs N Pinto Valley Globe-Miami U.S. / Phoenix (50 km) Resolution ▪ Excellent infrastructure with HIGHWAY access to road, rail and I-79 HIGHWAY I-77 renewable power Ivanhoe Electri
Slide 5: Corporate Overview
CORPORATE OVERVIEW Analyst Coverage Top Strategic Shareholders Rene Cartier Dalton Baretto Lundin Family Murray Edwards Pierre Lassonde Connor Mackay Financial Overview Ownership C$151.9M Market Capitalization C$23.0 M Financing (May 30, 2024) 30.1% Strategic Shareholders: 39.3% C$25.8 M Cash & Equi
Slide 6: Resource Optimization
RESOURCE OPTIMIZATION Significant Upside to the 4.2 Blbs of Copper M&I Mineral Resource A Open Pit Grade Distribution A’ A Copper Prince Childs Aldwinkle 1,300RL Globe Phase II Mammoth Copper N Prince Marsha drilling 1,200RL confirms Old Childs 1,100RL extension to Reliable Aldwinkle mineralization
Slide 7: Phase II Drilling Shows Upside (Post-MRE)
PHASE II DRILLING SHOWS UPSIDE (POST-MRE) Drill Hole Assay Results Copper Grade (%) >2.00 1.00 0.70 High-grade High-grade 0.50 intercept intercept 0.31 below below 0.25 Copper Copper 0.13 Prince Giant 0.05 0.00 Block Model Copper Grade (%) >2.00 1.00 0.70 0.50 0.31 0.25 0.13 0.00 Potential for Miner
Slide 8: Potential for New Discoveries
POTENTIAL FOR NEW DISCOVERIES Significant Growth Opportunities in an Underexplored District Rum Mineral Reserves Holy Joe Fault 8 Mineral Resource Targets 3 Mineral Advanced Targets Resource Area 7 Identified Targets 15 Generative Targets Western Fault American Eagle Area 51 33 high priority targets
Slide 9: Drilling at the American Eagle Area
DRILLING AT THE AMERICAN EAGLE AREA ▪ Intersected significant mineralization above American N N Post Office Eagle porphyry underground resource Jailhouse Courthouse Rum Area ▪ Confirmed vertical continuity of mineralization from surface to Banjo underground American Eagle American Eagle ▪ New discov
Slide 10: American Eagle Area: New Discoveries
AMERICAN EAGLE AREA: NEW DISCOVERIES Banjo Breccia Prada Breccia Drill Hole Assay Results Copper Grade (%) 269.65 m at 0.64% Cu, 1.32 g/t Ag from 229.49 m >2.00 1.00 0.70 0.50 including 0.31 117.90 m at 1.01% Cu, 0.25 1.87 g/t Ag 190.25 m at 0.23% Cu, 0.13 0.66 g/t Ag 0.05 from 323.52 m 0.00 from 15
Slide 11: American Eagle Area: Near Surface Potential
AMERICAN EAGLE AREA: NEAR SURFACE POTENTIAL Mammoth Drill Hole Assay Results American Copper Grade (%) FCD 24-069 Eagle Keel >2.00 29.08 m at 0.62% Cu, 200 m 1.00 1.14 g/t Ag from 145.69 m 0.70 0.50 0.31 FCD 24-071 0.25 FCD 24-065 0.13 88.16 m at 0.39% Cu, 22.92 m at 0.58% Cu, 0.05 1.43 g/t Ag 0.85
Slide 12: Area 51: New Discoveries
AREA 51: NEW DISCOVERIES Drill Hole Assay Results Copper Grade (%) Potential to Discovery increase open >2.00 hole at pit mineral 1.00 previously resource with 0.70 mineralization 0.50 undrilled open laterally 0.31 breccia and at depth 0.25 0.13 0.05 0.00 Breccia outline Chalcopyrite Chalcopyrite Qu
Slide 13: 2024 Metallurgical Results and Gold Program
2024 METALLURGICAL RESULTS AND GOLD PROGRAM Unlocking Significant Upside Coarse Grind Additional Gold Optimization Benefits Program Gold recovery over High grade copper Over 95% copper 75% supporting concentrate sulphide recovery potential to add gold (over 30% copper) with coarse grind to the resou
Slide 14: Environmental & Stakeholder Engagement
ENVIRONMENTAL & STAKEHOLDER ENGAGEMENT Baseline Data Collection and Stakeholder Outreach ENVIRONMENT STAKEHOLDER ENGAGEMENT Baseline environmental monitoring Commitment to open dialogue and systems in place for data collection to support for the local economy and social support permitting process pr
Slide 15: Copper Creek: Next Steps
COPPER CREEK: NEXT STEPS Resource Update Technical Study Update Exploration Upside +30,000 metres of drilling (post Targeting higher metal output to be Steady news flow from ongoing 2023 MRE) targeting near-surface supported by resource update Phase III drill program resource expansion Metallurgical
Slide 16: Contact Us
Contact Us CONTACT INFORMATION Suite 2800, 1055 Dunsmuir Street PO Box 49225 Vancouver, BC Canada www.faradaycopper.com STACEY PAVLOVA, CFA VP Investor Relations 778-730-1067 info@faradaycopper.com
Slide 17: Appendix
FARADAY COPPER Appendix
Slide 18: Bringing a Senior Mining Company Expertise
BRINGING A SENIOR MINING COMPANY EXPERTISE Senior Mining Company Talent Who Know Great Projects Management Board of Directors Graham Richardson Dr. Thomas Bissig Audra Walsh Robert Doyle Paul Harbidge Chief Financial Officer VP Exploration Russell Ball Prev. CEO, Minas de Prev. CFO, Pan President, C
Slide 19: Faraday Copper: Recent History
FARADAY COPPER: RECENT HISTORY Redefining a Dormant Asset President and CEO Paul Harbidge appointed, assembled a Sept 2021 new management team to re-start technical work and completed C$5 million financing Feb 2022 Commenced 6,000-m initial drill program Apr 2022 Rebranded to Faraday Copper May 2022
Slide 20: Contact Copper Project
CONTACT COPPER PROJECT Drill-ready, Copper Oxide Deposit ▪ 100% owned, 5,900+ acres of patented and unpatented mining claims in northern Nevada Contact Copper Elko ▪ Excellent access to a major highway, power and local mining services ▪ Open pit, heap-leach copper oxide opportunity NEVADA ▪ Deposit
Slide 21: Copper Creek: Large Land Package
COPPER CREEK: LARGE LAND PACKAGE ▪ ~73 km2 Property offers strategic benefits ▪ Mineral claims include patented claims, unpatented claims and state prospecting permits ▪ Optionality for infrastructure placement ▪ Solar power generation potential ▪ Ranch includes ~26,000 acres of surface rights throu
Slide 22: Copper Creek: PEA Highlights
COPPER CREEK: PEA HIGHLIGHTS Life-of-Mine Average Annual Life-of-Mine Payable Measured and Indicated 51,100 tpa Payable CuEq 2 Production 3.4 Blb CuEq 2 Production 4.2 Blb Copper Mineral Resource a KEY FINANCIAL DATA ANTICIPATED PRODUCTION PROFILE Post-tax NPV(7%) $713 million Mine Life b 32 years T
Slide 23: Copper Creek: Mineral Resources (2023)
COPPER CREEK: MINERAL RESOURCES (2023) Grade Contained Metal Category Tonnes (Mt) Cu Mo Ag CuEq 1 Cu Mo Ag CuEq 1 (%) (%) (g/t) (%) (Mlbs) (Mlbs) (Moz) (Mlbs) Open Pit (OP) Measured 67.2 0.48 0.008 1.2 0.51 710.5 12.5 2.6 751.1 Indicated 59.9 0.31 0.008 0.6 0.33 412.9 10.1 1.1 440.5 M&I 127.1 0.40 0
Slide 24: Copper Creek: Notes to Mineral Resources
COPPER CREEK: NOTES TO MINERAL RESOURCES ▪ CuEq: Copper equivalent; g/t: Grams per tonne; Mlb: Million pounds; Moz: Million troy ounces; Mt: Million tonnes ▪ The mineral resources in this estimate were prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Stand
Slide 25: Endnotes
ENDNOTES 1. Mineral Resource Estimate (“MRE”) copper equivalent values are calculated using commodity type and price, considering the relevant preliminary recovery rate based on domain. For example, sulphide CuEq = [(Cu grade/100 * 0.92 Cu recovery * 2,204.62 * $3.80) + (Mo grade/100 * 0.78 Mo recov
Slide 26: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 2800, 1055 Dunsmuir Street VP Investor Relations PO Box 49225 778-730-1067 Vancouver, BC Canada info@faradaycopper.com www.faradaycopper.com