Slide 1: Bringing a Senior Mining Company Mindset to a Junior
Bringing a Senior Mining Company Mindset to a Junior CORPORATE PRESENTATION April 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: Why Invest in Faraday Copper?
WHY INVEST IN FARADAY COPPER? Building a premier North American copper exploration and development company Two projects in Arizona & Over $100M of drill data Projects offer U.S. domestic Experienced Management Nevada and multi-billion- offering optimization & copper supply supporting & Board with a
Slide 4: Management
MANAGEMENT Bringing senior mining company expertise Paul Harbidge I President & CEO ▪ ~30 years of experience in mining exploration and development. Previously President & CEO of GT Gold, leading the company to a CA$456 million acquisition by Newmont, former SVP Exploration at Goldcorp and GM Explor
Slide 5: Experienced Board of Directors
EXPERIENCED BOARD OF DIRECTORS PAUL HARBIDGE AUDRA WALSH PRESIDENT, CEO & DIRECTOR INDEPENDENT DIRECTOR TECHNICAL EXPERTISE TECHNICAL AND OPERATING EXPERTISE RUSSELL BALL RANDY ENGEL CHAIR & INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR CAPITAL MARKETS AND FINANCIAL EXPERTISE FINANCIAL AND STRATEGIC EXP
Slide 6: Faraday Copper: Well-Positioned for Success
FARADAY COPPER: WELL-POSITIONED FOR SUCCESS Ticker CSE: FDY $1.00 2,000,000 Share Price (Mar 31, 2022) C$0.86 $0.90 1,800,000 52-Week Trading Range C$0.35 – C$0.96 $0.80 1,600,000 $0.70 1,400,000 Basic Shares Outstanding 97.26M $0.60 1,200,000 Options (avg ex $0.39) 15.02M $0.50 1,000,000 Restricted
Slide 7: ESG Framework
ESG FRAMEWORK GOOD GOVERNANCE COMMUNITY ENGAGEMENT ▪ Conduct business with integrity, transparency ▪ Commitment to open dialogue and support for and fairness the local economy and social programs HEALTH & SAFETY CLEAN ENERGY FUTURE ▪ Instil a zero harm work environment ▪ Responsibly develop projects
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 Environmental data gathering Strategic review of existing data Phase 1 diamond drilling Geological model developed Updated mineral resource estimate Metallurgical test work Geotechnical studies Phase 2 diam
Slide 9: Project Snapshot
“’| FARADAY COPPER PROJECT SNAPSHOT
Slide 10: Copper Creek
COPPER CREEK PINAL COUNTY, AZ
Slide 11: Located in a Top Mining Jurisdiction
LOCATED IN A TOP MINING JURISDICTION ▪ 100% owned, ~41 km2 property in Pinal County, Arizona—a top ranked mining jurisdiction in the world ▪ Contiguous group of patented and unpatented Federal claims and Arizona prospecting permits ▪ Near mining and service hubs: ~120km northeast of Tucson ~25km nor
Slide 12: Property Package
PROPERTY PACKAGE Over 200,000 m of historical drilling data available Private Surface; Federal Mineral are Unpatented Claims | Grade contours based upon 2012 Underground MRE | Redhawk, 100% owned subsidiary of Faraday Copper faradaycopper.com I page 12
Slide 13: 3D Interpreted Geology
3D INTERPRETED GEOLOGY ▪ Mineralization centred on Copper Creek Grandiorite (Laramide age) ▪ Emplaced into Precambrian and Paleozoic sediments and Cretaceous Glory Hole volcanics ▪ Post mineral, mid tertiary Galiuro volcanics ▪ The district is marked by over 400 breccia’s, concentrated in two NW tre
Slide 14: Large Mineralized System
LARGE MINERALIZED SYSTEM DEEP/EARLY MINERALIZATION SHALLOW/LATE MINERALIZATION faradaycopper.com I page 14
Slide 15: Cross Section
CROSS SECTION Southeast trending belt. NW-SE section (200 m wide) through Mammoth, Keel, and American Eagle showing Cu> 0.25%. Block model shown in background cut off at 0.5% Cu equiv. faradaycopper.com I page 15
Slide 16: Re-exported section. See slide 15
Re-exported section. See slide 15 faradaycopper.com I page 16
Slide 17: Open Pit Constrained MRE
OPEN PIT CONSTRAINED MRE ▪ Mineral Resource Estimate prepared by IMC (2012) envisaged large scale open pit extraction only ▪ Based on 480 drill holes and >200,000 m of drilling ▪ Resource area extends over a ~3 km by ~2 km area and to vertical depths of ~1,500 m Totals may not add due to rounding. T
Slide 18: Underground Constrained MRE
UNDERGROUND CONSTRAINED MRE ▪ 2013 PEA envisaged selective underground extraction only ▪ The associated underground constrained resource focused on: ▪ Keel & American Eagle porphyry ▪ 5 Breccias (Globe, Copper Prince, Childs Adwinkle, Mammoth and Old Reliable) ▪ Keel & American Eagle represent Total
Slide 19: Technical Approach
TECHNICAL APPROACH Focused on optimizing Copper Creek via a robust technical study, targeting a high- grade open pit with low initial capital, followed by bulk underground mining Elevated quality of key technical areas (“PEA”): GEOLOGICAL MODEL Three-dimensional model of lithology, structure, altera
Slide 20: Metallurgical Test Work
METALLURGICAL TEST WORK High metal recoveries and clean quality concentrate METCON (2008-2012) Cu-Mo second cleaner flotation test results on composite samples ▪ Extensive open cycle Cu-Mo second cleaner flotation testing completed indicated: ▪ Copper recoveries ranged from 93% to 77% ▪ Molybdenum r
Slide 21: Pit Concept (Unconstrained Model)
PIT CONCEPT (UNCONSTRAINED MODEL) ▪ PEA will assess the economic potential of open pit extraction within the near surface breccia deposits LOOKING WEST The potential grade and scale of the open pit and underground inventory is conceptual in nature. There has been insufficient technical analysis to d
Slide 22: Bulk Underground Potential
BULK UNDERGROUND POTENTIAL ▪ 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 mineral resource model faradaycopper.com I page 22
Slide 23: Level Plan
LEVEL PLAN 450m ▪ Substantial mineable footprint demonstrates significant expansion potential and upside via increased drilling density Keel 0.3% CuEq Cutoff ▪ Example of grade distribution within the 0.4% CuEq Cutoff American Eagle and Keel ▪ Note the high-grade core(s) as per 2012 historic 600m re
Slide 24: Phase 1 Drill Program
PHASE 1 DRILL PROGRAM > 1.0 % Cu eq. 0.7-1.0 % Cu eq. ~5,000 M PROGRAM OVER 8 HOLES 2 0.4-0.7 % Cu eq. 0.2-0.4 % Cu eq. DESIGNED TO TEST BOTH PORPHYRY 3 6 AND BRECCIA STYLE MINERALIZATION 5 1: From Childs-Adwinkle to Mammoth, N to S 4&8 1 2: Below Glory Hole from NW to SE 3: From Glory Hole SE towar
Slide 25: Exploration Upside Summary / Next Steps
EXPLORATION UPSIDE SUMMARY High conductivity zone in western Limited drilling with good Cu breccias sericite-clay alteration intercepts > 0.5% NEXT STEPS Currently: Integrate NE oriented zone of elevated conductivity existing technical data layers High Cu in surface geochemistry Q3’22: Target genera
Slide 26: Contact Copper
CONTACT COPPER ELKO COUNTY, NV
Slide 27: Located in a Top Mining Jurisdiction
LOCATED IN A TOP MINING JURISDICTION ▪ 100% owned, 5,935 acres of patented and unpatented mining claims ▪ 80 km north of the town of Wells in Elko County, NV —a top ranked mining jurisdiction in the world ▪ The majority of the defined mineral reserves are located on royalty-free private property ▪ E
Slide 28: Mineral Reserves & Resources
MINERAL RESERVES & RESOURCES ▪ Disseminated oxide copper mineralization in quartz veins within large structural zones ▪ Mineralization is oxidized to depths of up to 600 m ▪ +86,000 m of drilling completed at the Contact deposit between 1967 and 2012 ▪ Multiple untested targets ready for drilling To
Slide 29: Copper Oxide Deposit
COPPER OXIDE DEPOSIT ▪ Traced over 2.3km east-west and 0.9km north-south Open to the west Open to the north and south ▪ Highlights from previously drilled near- surface holes 22.9 m at 1.00% Cu starting at 44.2 m (EN-104) 59.4 m at 0.70% Cu starting at 3.0 m (EN-111) 18.9 m at 0.70% Cu starting at s
Slide 30: Exploration Upside
EXPLORATION UPSIDE ▪ Excellent potential to expand the Contact deposit in multiple directions ▪ Past surface sampling programs at the Copper Ridge and New York prospects indicate the potential for additional oxide copper mineralization across the 5,900 acre property ▪ At Copper Ridge 28 rock samples
Slide 31: 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 32: Contact Information
CONTACT INFORMATION PAUL HARBIDGE Suite 250, 200 Burrard Street CEO & Director Vancouver, BC Canada 778-987-2761 info@faradaycopper.com pharbidge@faradaycopper.com faradaycopper.com