Fulcrum Metals PLC · LSE:FMET

Fulcrum Metals — Investor Presentation (February 2023)

25 slides from Fulcrum Metals's investor presentation, February 2023

  1. Slide 1: Investor Presentation February 2023

    Plc EXPLORE | DISCOVER | SCALE AIM-listed Canadian focused exploration company with a portfolio of gold, base metal and uranium projects AIM: FMET Investor Presentation February 2023 fulcrummetals.com | @fulcrummetals @fulcrummetals

  2. Slide 2: Disclaimer

    Disclaimer Disclaimer If a reader of this presentation is in any doubt as to what action it should take, it is recommended to seek its own advice from its stockbroker, bank manager, solicitor, accountant, fund manager or other The name “Company” refers to Fulcrum Metals PLC and its advisers includin

  3. Slide 3: Corporate

    Corporate EXPLORE | DISCOV ER | SCALE #FMET | FEBRUARY 2023 | 3

  4. Slide 4: Fulcrum Metals Plc

    Fulcrum Metals Plc Explore | Discover | Scale o AIM-listed multi-commodity explorer focused on Canada, ranked by the Fraser Institute as the second most attractive region in the world for mining investment (Fraser Institute – Annual Survey of Mining Companies, 2021 -page 24) o Raised £3 million as p

  5. Slide 5: Board & Senior Management team

    Board & Senior Management team Combining broad corporate and technical experience to deliver growth and build value Ryan Mee o Extensive senior management experience – previously with Clive Garston o Corporate lawyer with over 40 years experience, specialising in an industry leading audit and consul

  6. Slide 6: Portfolio of 100% owned assets

    Portfolio of 100% owned assets ONTARIO – covering 252km2 1. Flagship Schreiber-Hemlo Project: Flagship assets located ~14km apart collectively GOLD AND BASE METAL o Big Bear Project covering circa 113km2 (gold, base metals) High grade gold rock & soil o Jackfish Project (gold, base metals) samples 2

  7. Slide 7: IPO Information, Directors & Significant Shareholders

    Fulcrum Metals Plc AIM: FMET IPO Information Directors & Significant Shareholders No. of shares % of share Admitted To AIM 14 February 2023 capital AIM Ticker FMET Panther Metals 9,971,839 20.00% IPO Funds Raised (Gross) £3 million Ryan Mee (CEO) 6,899,786 13.84% Placing Price 17.50p Aidan O’Hara (D

  8. Slide 8: Use Of Funds To July 2024

    Fulcrum Metals Plc Use Of Funds To July 2024 o Circa £1.4 million to be used to explore, discover and scale opportunities: Funds raised at IPO o Jackfish will advance the o Structural survey o Geophysical survey Company’s portfolio o Explore the eastern margin of Terrace Bay Batholith through target

  9. Slide 9: Indicative 12 month development timeline

    Indicative 12 month development timeline Proposed work programme Feb Mar Apr 23 May Jun Jul Aug Sep Oct Nov Dec Jan 23 23 23 23 23 23 23 23 23 23 24 Ontario - Schreiber – Hemlo Project - Big Bear Structural survey and interpretation (in progress) Mapping, sampling, interpretation (in progress) Geoph

  10. Slide 10: Canada: World Class Mining Region

    Canada World Class Mining Region EXPLORE | DISCOV ER | SCALE #FMET | FEBRUARY 2023 | 10

  11. Slide 11: Canada: A world class mining destination

    Canada A world class mining destination o An attractive and stable mining destination with a transparent government and mining friendly code o Strong discovery potential: o Large, unexploited deposits o New infrastructure connections and modern technologies have created new exploration opportunity “

  12. Slide 12: ESG Principles

    ESG Principles Environmental | Social | Governance o Supporting local job creation and protecting the well being of employees and local communities The company holds sustainable and responsible o Promote HSE considerations in all planning and decision exploration at the core of making its operations

  13. Slide 13: Ontario Assets

    Ontario Assets Gold and base metals EXPLORE | DISCOV ER | SCALE #FMET | Q4 2022 | 13

  14. Slide 14: Ontario

    Ontario Large asset footprint close to mineral rich deposits and producing mines Winston Lake Project Tocheri Lake Project, Dayohessarah High grade gold Schreiber – Hemlo Project Big Bear Jackfish Dog Lake Project, Wawa EXPLORE | DISCOV ER | SCALE #FMET | FEBRUARY 2023 | 14

  15. Slide 15: Schreiber-Hemlo Project area

    Schreiber-Hemlo Project area Flagship asset Transition Metals Maude Lake Big Bear o 38 known mineral Metallum Jackfish occurrences Ellis Lake o Significant land package assembled of Circa 113km2 o Very well endowed greenstone belt o Consists of 2 main projects Metallum Victoria Lake located circa 14

  16. Slide 16: Big Bear Project

    Big Bear Project Schreiber-Hemlo Project area Transition Metals VTEM survey partially covered NE Syenite Lake and Little Bear areas identifying VTEM targets o Most advanced asset in Fulcrum’s portfolio Little Bear Lake o 253 geophysical anomalies o Historical bulk sampling reported 1t averaging 1,41

  17. Slide 17: Jackfish

    Jackfish Schreiber-Hemlo Project area o Field exploration campaign Eastern part of the covered an area of 1km x 1km and property confirmed significant results underexplored. o Rock samples of up to 39.8g/t Au and 1.01% Cu were returned, along Circa 10km east of with anomalous Pb and pathfinder Jackf

  18. Slide 18: Additional upside

    Additional upside Prospective early stage exploration assets with JV / acquisition potential WINSTON LAKE PROJECT, WAWA PROJECT, DAYOHESSARAH PROJECT, CARIB & BEAVERTRAP DOG LAKE TOCHERI LAKE An area with potential currently seeing An emerging base metal district a lot of exploration and activity An

  19. Slide 19: Saskatchewan Assets

    Saskatchewan Assets Uranium & Gold EXPLORE | DISCOV ER | SCALE #FMET | FEBRUARY 2023 | 19

  20. Slide 20: Uranium

    Uranium Rising market demand in the race to net-zero o The world is moving towards net-zero carbon energy. As populations and energy needs rise, energy sources of the future need to be both clean and sustainable o Nuclear energy offers an available and adaptable source of zero-carbon energy, which c

  21. Slide 21: Uranium portfolio

    Uranium portfolio Two uranium, gold and rare earth properties in Athabasca Basin covering 136km2, Northern Saskatchewan, which is one of the world's leading source of high grade uranium and currently supplies about 20% of the world's uranium*1 *1 https://world- nuclear.org/information- library/count

  22. Slide 22: Charlot – Neely Lake

    Charlot – Neely Lake Last explored 1970s, an opportunity for modern techniques 1935-36; (T.Connors Diamond Drilling Charlot Lake Uranium Showing 50-TT-10 occurrence – (SMDI 1550) - Uranium grab samples upto Company report June 24th, 1936) – (SMDI 1341) Diamond drill Goldfields exposed radioactivity,

  23. Slide 23: Fontaine Lake

    Fontaine Lake Prospective target identified for further investigation - Uranium with grab samples up to 1.44% U308 East Addie Lake Radiometric Target - Rare Earth with Niobium up to Fontaine Lake Area – 0.69% and Tantalum up to 0.11% RD270 (SMDI 3317) : 1.28% U308 in grab samples RD271: 1.08% U308 A

  24. Slide 24: Investment Case

    Fulcrum Metals Plc Investment Case Prospective portfolio of gold, base metal and uranium Defined development assets in an attractive mining strategy offering near and An AIM listed jurisdiction positioned close longer-term upside investment to mineral rich prospective opportunity and, importantly, o

  25. Slide 25: Contact

    RYAN MEE FULCRUM METALS PLC CEO, Fulcrum Metals Plc 16 Great Queen Street, [email protected] London, +44 (0)7540421208 WC2B 5DG Company number 14409193 fulcrummetals.com| |@fulcrummetals fulcrummetals.com @fulcrummetals

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