Freeman Gold Corp. · TSXV:FMAN
Freeman Gold — Investor Presentation (October 2021)
19 slides from Freeman Gold's investor presentation, Oct 6, 2021
Slide 1: Building High-Grade, Near-Surface Oxide Gold Ounces in Idaho
OCTOBER 2021 BUILDING HIGH-GRADE, NEAR-SURFACE INVESTOR PRESENTATION [CSE: FMAN, FWB: 3WU, OXIDE GOLD OUNCES IN IDAHO INVESTOR DECK2019 OTC: FMANF]
Slide 2: Disclaimer
Disclaimer This corporate presentation and the information contained herein (the “Presentation”) is confidential proprietary and for authorized use only. It is being provided for the use of prospective investors solely for such investors’ confidential use, with the express understanding that, without
Slide 3: Investment Highlights
Investment Highlights Lemhi Gold Project • Maiden NI43-101 compliant mineral resource estimate (July 8 , 2021) th Idaho, USA defining high grade, oxide, near surface gold deposit: ➢ 749,800 oz Au at 1.02 g / t in Indicated category ➢ 250,300 oz Au at 1.0 1 g/ t in Inferred category • 100% owned adva
Slide 4: Unparalleled Success
Unparalleled Success Paul Matysek Will Randall Bassam Moubarak EXECUTIVE CHAIRMAN & DIRECTOR PRESIDENT, CEO & DIRECTOR Developed and sold 6 public companies creating over $3 billion in shareholder value, Geologist with 20 years of experience and successful track record of project CHIEF FINANCIAL OFF
Slide 5: Looking Forward
Looking Forward Phase 1 Complete Phase 2 to follow • 7,149m of oriented diamond drilling • Second phase of drilling will commence targeting brownfields designed to upgrade historic resource intercepts on strike and at depth estimate with initial twin and infill drilling within the main zone complete
Slide 6: Share Structure
Share Structure As at 7 September 2021 FREEMAN GOLD (FMAN,CSE)* 92,990,862 Stock Options 7,050,000 Restricted Share Units 1,000,000 Warrants 13,017,863 FULLY DILUTED 114,058,725 Cash Position $3,800,000 Management and insider ownership: Strategic shareholder ~20% ~5% 06
Slide 7: Directors
Directors Paul Matysek Will Randall Bassam Moubarak Simon Marcotte Victor Cantore EXECUTIVE CHAIRMAN & DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR • Over 20 years of capital • Seasoned capital markets • Discovered and developed the Sal de • Raised over $200 Million to finance los Angeles (“SDLA”) l
Slide 8: Top Tier Jurisdiction
Top Tier Jurisdiction • Idaho is one of the top ranked jurisdictions globally with an extensive and rich mining history. • Idaho earned the following rankings on the PERPETUA RESOURCES 2020 Fraser Institute Mining Survey: (STIBNITE) • No. 9 on the Investment Attractiveness Index. • No. 1 on the Poli
Slide 9: Project History
Project History Placer Gold Northern Vertex Discovered sells 51%share to 1867; Lode 1880’s Idaho State Gold Company LLC Northern Vertex (2013) Freeman Completes Meridian Gold Depressed JV (Lemhi Gold Maiden High-Grade FMC Explored American Gold acquires gold prices Trust) 2011, 10,531m Oxide Gold Re
Slide 10: Phase 1 Completed: Resource Definition Drilling
Phase 1 Completed: Resource Definition Drilling • 7,149m of drilling completed in 35 drill holes in 2020 • Purpose of drill program to validation of >70,000 metres of historical drilling • Maiden NI43-101 compliant resource completed July 2021 Target Phase 1 resource >800,000 oz @ 1 gpt Au average a
Slide 11: Phase 1: Resource Diamond Drilling
Phase 1: Resource Diamond Drilling • Near surface mineralization hosting oxide gold • Flat lying high grade mineralization • Amenable to open pit mining • Multiple high grade intervals close to surface • Mineralization open on strike and at depth 11
Slide 12: High Grade Resource with Upside
High Grade Resource with Upside PIT-CONSTRAINED RESOURCES Au Cutoff (gpt) Metric Tonnes Grade Au (gpt) Contained Ounces Category 0.2 35,970,000 0.78 900,200 0.3 32,341,000 0.84 870,000 0.4 27,490,000 0.92 815,500 0.5 22,939,000 1.02 749,800 Indicated 0.6 18,683,000 1.12 674,700 0.8 12,038,000 1.36 5
Slide 13: High grade advantage…
High grade advantage… Notes: 1. Grade data is presented on a global (Measured & Indicated +Inferred), gold only resource basis. 2. Where M&I category resources were reported exclusive of reserves, reserves were back to M&I category resources 3. Where applicable, data represented is for oxide and tra
Slide 14: Phase 2: Resource Expansion Drilling
Phase 2: Resource Expansion Drilling • Deposit open in most directions, including at depth. • Second drill campaign to focus on high priority target areas where previous work has identified gold mineralization open on strike and at depth • Increased understanding of deposit geology will help with mo
Slide 15: Phase 3: Blue Sky Exploration Upside
Phase 3: Blue Sky Exploration Upside • Large land package • 11 high priority target areas have been essentially unexplored defined for follow-up exploration on despite proximity to intrusive. the Lemhi property • These deposits often part of a • 633 soil samples and 145 rock grab and larger minerali
Slide 16: Favourable Metallurgy
Favourable Metallurgy • Initial metallurgical testing indicates gold recoveries between 95% and 98% • Conventional tank leach processing favoured • Recovery of coarse gold with gravity pre-treatment • Moderate grind size (80% passing 110 microns) • High recoveries take advantage of high grade in pos
Slide 17: The permitting advantage…
The permitting advantage… Baseline studies conducted by AGR show no major obstacles to mine permitting (Dufresne, 2020) Vast majority of historic resources held within patent claims No bull trout bearing water bodies in resource area Gentle topography and large land package No settlements in the imm
Slide 18: Comparables
Comparables (oxide resources) FULLY DILUTED COMPANY TICKER JURISDICTION M&I RESOURCE INFERRED RESOURCE TOTAL RESOURCE $/PER OZ MARKET CAP West Vault Mining TSXV:WVM Nevada $64.0 M 927,000 oz 136,000 oz $60/oz Newcore Gold TSXV:NCAU Africa $64.1 M – 1,414,600 oz $45/oz Kore Mining CSE:KORE California
Slide 19: Tom Panoulias
Tom Panoulias Vice President of Corporate Development CELL: 416-294-5649 EMAIL: tom@freemangoldcorp.com 2021 INVESTOR PRESENTATION [CSE: FMAN; FWB: 3WU OTC: FMANF]