Mcfarlane Lake Mining Limited · CSE:MLM
Mcfarlane Lake Mining — Investor Presentation (October 2025)
25 slides from Mcfarlane Lake Mining's investor presentation, October 2025
Slide 1: Corporate Presentation October 2025
CO RPORATE PRESENTATION O C TO B E R 2 0 2 5
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements This presentation of McFarlane Lake Mining Incorporated (the “Company” or “McFarlane Lake”) is for information only and shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell or issue, or s
Slide 3: Cautionary Note Regarding Historical Estimates
**Cautionary Note Regarding Historical Estimates • The historical production figures and resource estimates presented in this presentation release for the Juby Gold Project and Tyranite properties are considered historical in nature and have not been verified by a qualified person under NI 43-101. M
Slide 4: Latest MRE – September 29, 2025
Latest MRE – September 29,2025 US$2500/oz Au: 3.17 million inferred ounces gold at 0.89 gpt gold 1.01 million indicated ounces gold at 0.98 gpt gold (See Table 1 and note 1) Resource Sensitivities at US $3750/oz gold yield: Juby 4.22 million inferred ounces at 0.85 gpt gold Timmins 1.2 million indic
Slide 5: The Juby Project has all infrastructure to support a district scale mining camp
The Juby Project has all infrastructure to support a district scale mining camp IT CHECKS ALL THE BOXES ✓ INFRASTRUCTURE – POWER, ROADS ✓ POPULATION BASE 25,000 WITHIN 100 KM ✓ +90% METALLURGICAL RECOVERIES ✓ PRODUCTION OPTIONALITY ✓ HIGH GRADE OPEN PIT STARTER OPTION WITH DIRECT SHIPPING OF ORE ✓ 1
Slide 6: Located amongst Canada's Largest Gold Mines in Prolific Abitibi Greenstone Belt
Located amongst Canada’s Largest Gold Mines in Prolific Abitibi Greenstone Belt that has produced >200Moz Major Fault Zones ➢ 116,000 meters drill to date ➢ Drill core and drill logs in tack for review CSE: MLM OTCQB: MLMLF 6
Slide 7: Community & Environment
Community & Environment First Nations Early Exploration • Discussion on Exploration Agreements • Transparency on plans with regular updates Employment and training • Employing skilled First Nations talent for upcoming programs • Implementing best-in-class advanced training programs Environmental Ini
Slide 8: Detail Mineral Resource Estimate within pit shell + underground shapes
Table 1 – Detail Mineral Resource Estimate within pit shell + underground shapes (OP= Open Pit, UG= Underground, Mt= Millions tonnes, Moz= Millions Ounces, Au= Gold metal) Cut-Off Grade Contained Tonnage Constraints Grade (Au Metal (Mt) (Au g/t) g/t) (Moz) Indicated OP 0.25 30.78 0.94 0.93 Indicated
Slide 9: Gold Price Sensitivities
Table 2 – Gold Price Sensitivities (OP= Open Pit, UG= Underground, Mt= Millions tonnes, Moz= Millions Ounces, Au= Gold metal) Gold Revenue Cut-Off Tonnage Grade Contained Price Factor Classification Constraints Grade (tonnes) (Au g/t) Metal Oz ($USD) (RF) (Au g/t) Indicated OP/UG 0.25/1.90 27,317,00
Slide 10: Notes to Previous Slides
NOTES TO PREVIOUS 2 SLIDES (OP= Open Pit, UG= Underground, Mt= Millions tonnes, Moz= Millions Ounces, Au= Gold metal) Note 1: Mineral Resource Statement Notes 1. CIM definition standards were followed for the resource estimate. 2. This Mineral Resource has an effective date of September 29, 2025. 3.
Slide 11: Juby Property
Prolific Abitibi Greenstone Belt >200 Moz Au JUBY PROPERTY Excellent access to infrastructure and experienced workforce CSE: MLM OTCQB: MLMLF 11
Slide 12: Shining Tree Geology
SHINING TREE GEOLOGY Ridout-Tyrrell JUBY PROPERTY Deformation Zone (RTDZ) Porcupine Assemblage 2690-2680 Ma Sediments and Felsic Intrusions CSE: MLM OTCQB: MLMLF 12
Slide 13: Four Gold Deposits
FOUR GOLD DEPOSITS HYRDO CREEK BIG DOME GOLDEN LAKE JUBY CSE: MLM OTCQB: MLMLF 13
Slide 14: RTDZ – What Does It Look Like?
RTDZ – WHAT DOES IT LOOK LIKE? Deformation - Shearing - Folding JUBY HYDRO CREEK CSE: MLM OTCQB: MLMLF 14
Slide 15: More Gold - Parallel Structures
MORE GOLD - PARALLEL STRUCTURES A – 826 Zone 0.85 g/t Au over 36.30m B B – Byberg Mining Lease D Grabs up to 7.54 g/t Au C C – Juby Mining Lease Grabs up to 17.60 g/t Au PARALLEL STRUCTURES? A 2.5km D – What is under the glacial sand and gravel CSE: MLM OTCQB: MLMLF 15
Slide 16: Project Chronology – Three Decades Later
PROJECT CHRONOLOGY – THREE DECADES LATER 116,000 METERS OF DRILLING Temagami Land 1998-2012 Caution 1973-1995 2021 2002-2013 Shining Tree area 2018 withdrawn from mineral exploration CSE: MLM OTCQB: MLMLF 16
Slide 17: Top 10 Drill Hole Intersections that make Juby Golden
Top 10 Drill Hole Intersections that make JUBY Golden (Data below is considered historical see note regarding historical estimate referenced herein**) GT Hole ID From (m) To (m) Length Au g/t (grade x Deposit thickness) G05-22 199.20 202.64 3.44 130.06 447.41 Big Dome High Grade Potential GL-18-44 1
Slide 18: Cross-Section
CROSS-SECTION 1.12 g/t Au over 1.20 g/t Au over 37.38m 47.70m 1.38 g/t Au over 42.41m 1.14 g/t Au over 1.23 g/t Au over 94.04m 75.13m CSE: MLM OTCQB: MLMLF 18
Slide 19: Many Rock Types Host Gold
MANY ROCK TYPES HOST GOLD QUARTZ FELDSPAR PORPHYRY MAFIC VOLCANICS 2.86 g/t Au over 6.63m (191.12m-197.75m) 5.78 g/t Au over 12.50m (46.4m-60.40m) DIORITE-MONZONITE-GRANODIORITE SEDIMENTS (HARE LAKE AND MILLY CREEK INTRUSIONS) 0.29 g/t Au over 78.75m (447.00m-525.75m) 5.53 g/t Au over 3.20m (426.30m
Slide 20: Open at Depth
OPEN AT DEPTH Gold deposits in Abitibi Greenstone Belt can extend well below depth of 3,000m Deepest ore body 750m 8.7km Hydro Creek Big Dome Golden Lake Juby ~300 m 750m Open at depth & along strike 0.25 g/t Au cutoff 1 Km 20
Slide 21: More Gold - Conceptual HG Targets @ Juby Main
More Gold - Conceptual HG Targets @ Juby Main • Potential to step-out from higher grade areas at Juby Main (green below) • Estimated ~5,000 m in 9 drillholes to test targets Mineralization >3 gpt Au Grade Shells at 1.5 gpt Au CSE: MLM OTCQB: MLMLF 21
Slide 22: High Grade Open Pit Potential – Early Ore Shipping
HIGH GRADE OPEN PIT POTENTIAL – EARLY ORE SHIPPING (Data below is considered historical see note regarding historical estimate referenced herein**) Au % Average % Samples Above Total # of Threshold Samples Below Volume (M m3) Grade (g/t) Cut-off Samples (g/t) Cut-off 1.0 2.41 4.2 95.9 1,449 12.6 1.1
Slide 23: Potential MRE Growth
+10Moz Potential Target 8Moz +10.0MAT oz Au MRE Growth ~ 1 g/t Au Potential 6Moz Resource 2025 Based on Geological 4Moz 0.25 COG @ $2500 Au Modeling Review this 2Moz IND: 1.01 M oz Au @ 0.98 g/t is what we are INF: 3.17 M oz Au @ 0.89 g/t targeting *MINERAL RESOURCE ESTIMATE FOR THE JUBY GOLD PROJEC
Slide 24: The Path to Developing Ontario's Next Gold Deposit
The Path to Developing Ontario's Next Gold Deposit 2025 Q3 Q4 2026 ✓ Acquisition + 43-101 Q1 Q2 2026 update ✓ Infill & exploration drilling Q3 Q4 ~ 10-20k meters 2027 ✓ Drilling by Dec 2025 ✓ Advanced Exploration Permit Q1 Q4 ✓ Baseline water study ✓ Feasibility ✓ Initiate Scoping Study ✓ Site Prepa
Slide 25: Questions?
QUESTIONS? CSE: MLM OTCQB: MLMLF McFarlane Lake Mining Limited 25
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