Harfang Exploration, Inc. · TSXV:HAR

Harfang Exploration — Investor Presentation (September 2023)

24 slides from Harfang Exploration's investor presentation, Sep 20, 2023

  1. Slide 1: Corporate Presentation | September 2023

    Corporate Presentation | September 2023 TSXV:HAR

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS This presentation contains forward-looking information within the meaning of applicable securities legislation, which reflects the Corporation’s current expectations regarding future events. Such statements can be recognized by the terms “forecast”, “anticipate”, “consider

  3. Slide 3: Harfang: A Discovery Driven Exploration Company

    HARFANG: A Discovery Driven Exploration Company Harfang Exploration Inc. LaSalle Exploration Corp. IPO 2017 • Roots with Virginia Gold Merger of IPO 2020 • Roots with Lake Shore Gold • James Bay Focused • Serpent Property Equals 2022 • James Bay and NE Ont. • Radisson Property Experienced Management

  4. Slide 4: Strong Leadership Team: Success Driven Track Record

    Strong LEADERSHIP TEAM Success Driven Track Record MANAGEMENT TEAM BOARD OF DIRECTORS Ian Campbell Jean-Pierre Janson Ian Campbell President and Chief Executive Director, Chair Director Officer • Chairman of Midland Exploration • Former President and CEO of Temex • Former Managing Director at Richar

  5. Slide 5: Gold and Lithium in James Bay (Québec) and Ontario

    Gold and Lithium in James Bay (Québec) and Ontario RAGLAN MINE High-grade Gold Projects Serpent-Radisson (Au-Cu-Li) Lake Menarik (Au) Kuujjuaq • District-scale gold endowment with >50 showings • Monzonite-hosted high-grade gold • Multiple gold-bearing structures • Grab samples to 1,918 g/t Au Nunavi

  6. Slide 6: Serpent-Radisson: Developing a District-Scale Gold Play next to LCT Pegmatite Dykes

    Serpent-Radisson: Developing a District-Scale Gold Play next to LCT Pegmatite Dykes Grab and Surface Channel Results  Discovery of >50 gold showings  Up to 340 g/t Au (grab), 7.78 g/t Au over 6.15 m (channel), and 2.52 g/t Au over 19.65 m and 1.64 g/t Au over 22.40 m (DDH)  Mista showing (Cu, Au,

  7. Slide 7: Serpent-Radisson: Gold Zones Confirmed by Drilling Up-ice of the Gold-rich Tills and Soils

    Serpent-Radisson: Gold Zones Confirmed by Drilling Up-ice of the Gold-rich Tills and Soils Most Significant Intervals in DDH on Serpent and Radisson (g/t x m >20)  Significant gold intervals were hit by drill holes up-ice from the gold-in-till anomaly Grab and Surface Channel Results LXR-001: 1.64

  8. Slide 8: Serpent-Radisson: Polymetallic Mineralization around the Lithium Discovery

    Serpent-Radisson: Polymetallic Mineralization around the Lithium Discovery TSXV:HAR harfangexploration.com 8

  9. Slide 9: Serpent-Radisson: Lithium Discovery – Outcrops and Boulder Field with Spodumene

    Serpent-Radisson: Lithium Discovery – Outcrops and Boulder Field with Spodumene TSXV:HAR harfangexploration.com 9

  10. Slide 10: Serpent-Radisson: Advancing to the Next Exploration Phase (Gold and Lithium)

    Serpent-Radisson: Advancing to the Next Exploration Phase (Gold and Lithium)  Detailed heliborne magnetic survey completed in December 2022  50 m spaced lines on Radisson and in a specific area on Serpent (NEW DATA) Background: First vertical derivative of the  Planned work for 2023 and 2024 magn

  11. Slide 11: The Menarik Projects: High-grade Gold and Critical and Strategic Minerals (Lithium)

    The Menarik Projects: High-grade Gold and Critical and Strategic Minerals (Lithium)  Lake Menarik (304 claims; 15,627 ha; 100% Harfang)  Gold in monzonite and volcano-sedimentary rocks  Strong structural control at greenschist facies  Massive ankerite alteration in extensive shear zones  Menari

  12. Slide 12: Lake Menarik: Monzonite-associated and Mesothermal Lode Gold

    Lake Menarik: Monzonite-associated and Mesothermal Lode Gold  Highly prospective geology  Reminiscent of that of Timmins, Kirkland Lake and Matachewan gold camps  Differentiated monzonite, polymictic conglomerate, lamprophyres, well- preserved volcano-sedimentary sequence (mainly greenschist faci

  13. Slide 13: Lake Menarik: Drill Results – Winter 2023 (General View)

    Lake Menarik: Drill Results – Winter 2023 (General View) Pierre Intrusion (Main) Drill results inside Pierre Intrusion (Outlier) the black polygon are shown in the next figure TSXV:HAR harfangexploration.com 13

  14. Slide 14: Lake Menarik: Drill Results – Winter 2023 (Close-up on the Pierre Area)

    Lake Menarik: Drill Results – Winter 2023 (Close-up on the Pierre Area) Main Intrusion Northern Contact Southern Outlier Contact Outlier Mineralization is open at depth, Southern Contact plunging towards WNW Connection Main Intrusion at depth ? View Looking West TSXV:HAR harfangexploration.com 14

  15. Slide 15: Menarik East: Mafic/Ultramafic Polymetallic Play for Critical and Strategic Minerals

    Menarik East: Mafic/Ultramafic Polymetallic Play for Critical and Strategic Minerals *These estimates do not refer to any category of mineral resources or mineral reserves of the NI-43-101 such as stated in the 2014  Menarik mafic-ultramafic Complex CIM Definition Standards on Mineral Resources and

  16. Slide 16: Eeyou Istchee James Bay North American Hot Spot for Lithium

    Eeyou Istchee James Bay North American Hot Spot for Lithium  Lithium – leading the green revolution toward a sustainable and socially responsible conversion to electric energy  Rapidly developing North American lithium district and infrastructure  5 lithium deposits defined (Corvette, James Bay L

  17. Slide 17: Eeyou Istchee James Bay Lithium Exposure and Deposits

    Eeyou Istchee James Bay Lithium Exposure and Deposits  One of the largest land holders with 11 projects distributed throughout Eeyou Istchee James Bay La Grande  Demonstrated lithium potential on Serpent-Radisson and Pontax Properties  New lithium discovery with several spodumene occurrences scat

  18. Slide 18: Target Generation for Lithium: Examples from Lemare, Ross and La Passe Properties

    Target Generation for Lithium Examples from Lemare, Ross and La Passe Properties  Lemare  7 outstanding lithium residual anomalies, 4 of which ≥99.5th percentile  22 km southeast of the Whabouchi lithium deposit; easily accessible by the Route du Nord all-seasons gravel road  La Passe  Abundant

  19. Slide 19: Pontax: Under Option to Li-FT Power – earning up to 70%

    Pontax: Under Option to Li-FT Power – earning up to 70%  Discovery of a lithium showing (0.41 Li2O%) and a Li-Cs-P-Nb-Ga-Mn-W-Mo ± Ta-Sn-Rb anomaly in till (8 km x 7.5 km) [summer 2022]  Geological context highly favourable for lithium and gold  287 claims (15,323 ha), 100% Harfang  Easy access

  20. Slide 20: Egan Gold Project (Ontario): Syenite-hosted High-grade Gold

    Egan Gold Project (Ontario): Syenite-hosted High-grade Gold  Central to Timmins, Kirkland Lake and Matachewan gold camps  Multiple high-grade gold occurrences at surface (up to 105 g/t Au; 7.7 g/t Au over 3 m)  454 claims (11,720 ha), 100% Harfang  Good access along new logging roads  Highly pr

  21. Slide 21: Blakelock (Ontario): High-grade Gold along the Casa-Berardi Trend

    Blakelock (Ontario): High-grade Gold along the Casa-Berardi Trend  340 claims (6,977 ha) strategically covering 15 km along the Casa-Berardi Deformation Zone (CBDZ)  Historical drill intersections include 10.90 g/t Au and 97.5 g/t Ag over 10.25 m, and 6.16 g/t Au and 17.7 g/t Ag over 4.55 m  Rece

  22. Slide 22: Catalysts (mid-2023 to early 2024)

    Catalysts (mid-2023 to early 2024) : CSM (Li) Projects : Gold Projects TBD: To Be Determined James Bay Lithium Projects (Bonfait-La Passe-Ewart-Lemare-Conviac-Ross-Sakami) Geological Compilation Prospecting (No access to the properties) Lake Menarik (Au) Prospecting / Mapping Forest Fires Geological

  23. Slide 23: Share Capital and Financial Partners

    Share Capital and Financial Partners CAPITALIZATION Shares outstanding 60.86 million Warrants 0 million Options ($0.54-0.94) 1.89 million Fully diluted shares outstanding 62.75 million Treasury (as of September 1, 2023) $6.2 million FINANCIAL PARTNERS STRONG SUPPORT FROM LONG-TERM VALUE FOCUSED SHAR

  24. Slide 24: For further information please contact

    For further information please contact: IAN CAMPBELL President and CEO +1-647-680-3820 icampbell@harfangexploration.com FRANÇOIS HUOT Vice-President, Exploration +1-581-996-2135 fhuot@harfangexploration.com CORPORATE ADDRESS 1100, av. des Canadiens-de-Montréal, suite 300, Montréal (Québec) H3B 2S2 T

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