Peloton Minerals Corp. · CSE:PMC

Peloton Minerals — Investor Presentation (March 2024)

27 slides from Peloton Minerals's investor presentation, Mar 18, 2024

  1. Slide 1: North Elko Lithium Project

    North Elko Lithium Project www.pelotonminerals.com March 18, 2024

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement Cautionary Statement on Forward-Looking Information & Statements The following presentation may include certain “forward-looking statements” within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements

  3. Slide 3: Capital Structure

    Capital Structure Capital Structure Exchange Listings Recent Share Price CAD $0.11 Canada ~ 52 Week Low-High CAD $0.08-$0.15 Canadian Securities Exchange (CSE) Shares Outstanding 123 million Symbol: PMC Market Capitalization CAD $13.5 million United States ~ Over the Counter Qualifying Board (OTCQB)

  4. Slide 4: One Year Stock Chart

    One Year Stock Chart . . 0.114 Peloton Minerals Corporation (PMC) 0.005 (4.76%) & Fullscreen 1D 9D 1M 3M 6M YTD sy oY 10Y Dally = ¥ Volume: © Frequency: DAILY Dec 8 2022 to Dec 8 2023 performance ould Ouinion Jan 16 Feb27 Apr 24 May 29 Jul 10 Aug 21 ‘Sep 25 Nové Dec 4 PEL ch N CSE Symbol PMC MINERAL

  5. Slide 5: Lithium Market Balance (tonnes LCE)

    Lithium Market Balance (tonnes LCE)* 2015 - 2040 Total Demand Total Supply * LCE = Lithium Carbonate Equivalent

  6. Slide 6: Lithium Mine Production (tonnes) 2022

    Lithium Mine Production (tonnes) 2022 1. Australia 61,000 2. Chile 39,000 3. China 19,000 4. Argentina 6,200 5. USA 5,000 6. Brazil 2,200 7. Zimbabwe 800 8. Portugal 600 9. Bolivia 540 10. Canada 500 KEY POINT: China controls 88% of global lithium processing capacity* Diversity of supply is critical

  7. Slide 7: North Elko Lithium Project

    North Elko Lithium Project Location & Overview • 419 claims (35 square kilometers) • Immediately adjacent to Surge Battery Metals lithium discovery • 100% owned, no royalties • Permitted for drilling • Available water & nearby power • Year-round road access

  8. Slide 8: Northern Nevada is Emerging as an Important New Source of Lithium in Clay Deposits

    Northern Nevada is Emerging as an Important New Source of Lithium in Clay Deposits Thacker Pass – Lithium Americas Ltd. Surge Battery Metals Inc. Peloton Minerals Market Cap Can. $1 Billion Market Cap Can. $84 Million Market Cap Can. $13.5 Million Largest known M&I lithium deposit in NA Highest Grad

  9. Slide 9: Surge & Peloton Ground Positions

    Surge & Peloton Ground Positions Surge Highlights Peloton Highlights - Discovered 2022 - Near surface lithium clays identified across - Lithium in shallow Peloton property 2023 clay layers - 35 sq km - Highest Grade (419 claims) Lithium Clay Resource in the USA - Fast track lithium with exploration

  10. Slide 10: Hyperspectral UV Data Shows Near Surface Clay Layer Across Peloton Property

    Hyperspectral UV Data Shows Near Surface Clay Layer Across Peloton Property Pixels represent outcrops of a near surface clay layer identified as smectite, Pixels represent hectorite, illite outcrops of a near surface clay layer identified as smectite, hectorite, illite

  11. Slide 11: Regional Geologic Map with North Elko Lithium Project Claim Boundaries

    Regional Geologic Map* with North Elko Lithium Project Claim Boundaries * Compilation: • Elko County Digital Geology Map • Nevada Bureau of Mines and Geology • Peloton Geologic Mapping

  12. Slide 12: 2024 Exploration Programs & Budget (USD)

    2024 Exploration Programs & Budget (USD) Phase One: 2023 & Q1-Q2 2024 Complete staking of core and protection claims, filing and recording $100,000 Q2 Ground truthing of smectite-hectorite-illite clays identified through 5,000 hyperspectral airborne data Q2 Soil geochemistry surveys over three prior

  13. Slide 13: Board of Directors and Management

    Board of Directors and Management* 200 years of combined experience playing their respective roles toward successful resource exploration, discovery and development John F. O’Donnell, BA (Economics), LLB, Chairman of the Board Edward (Ted) L. Ellwood, MBA, President & CEO, Director Eric Plexman, CFO

  14. Slide 14: The "Yellowstone Hotspot" is Thought Responsible for the Volcanic Activity in Northern Nevada

    The “Yellowstone Hotspot” is Thought Responsible for the Volcanic Activity in Northern Nevada (16-12.5 Ma), Resulting in Lithium Clay Deposition Yellowstone Today 16-12.5 Million Years Ago * Source: ResearchGate 2018

  15. Slide 15: North American Plate Moving SW, Volcanic Activity Moving NE

    North American Plate Moving SW* Volcanic Activity Moving NE * Source: ResearchGate 2018

  16. Slide 16: Northern Nevada is Emerging as an Important New Source of Lithium in Clay Deposits

    Northern Nevada is Emerging as an Important New Source of Lithium in Clay Deposits Thacker Pass – Lithium Americas Ltd. Surge Battery Metals Inc. Peloton Minerals Market Cap Can. $1 Billion Market Cap Can. $84 Million Market Cap Can. $13.5 Million Largest known M&I lithium deposit in NA Highest Grad

  17. Slide 17: Corporate Inquiries

    CSE Symbol: PMC Corporate Inquiries OTCQB Symbol: PMCCF Edward (Ted) Ellwood Paul Teodorovici President & CEO VP Business Development T: 519-697-2313 T: 514-582-2282 [email protected] [email protected] Investment Banker: Auditor: IBK Capital Corp. RSM, Chartered Accountants T: (416) 480-

  18. Slide 18: Appendix

    Appendix Detailed Technical Information Available At www.pelotonminerals.com

  19. Slide 19: Texas Canyon

    Texas Canyon (Located on the western portion of the Peloton Claim Block) Portal for the Prince Uranium Mine on Texas Canyon – 1950’s Average grade 1% Uranium with samples up to 7% Uranium

  20. Slide 20: Texas Canyon Features Polyphase Hydrothermal Breccia

    Texas Canyon Features Polyphase Hydrothermal Breccia Prince Uranium Mine - 1950’s Average grade 1% Uranium with samples up to 7% Surge Lithium discovery is immediately west of the Prince Mine (estimated at about 3 kilometres west)

  21. Slide 21: Texas Canyon Features Breccia Pipes Along the Margin of a Caldera

    Texas Canyon Features Breccia Pipes Along the Margin of a Caldera Several Breccia pipes along the margin of a Caldera None have been drilled One of the Breccia pipes hosted the Prince Mine which produced 1% Uranium in the 1950’s The adjacent lithium and the uranium mineralization are likely cogeneti

  22. Slide 22: Additional Peloton Projects

    Additional Peloton Projects Refer to www.pelotonminerals.com for greater detail Independence Valley, Elko County, Nevada ✓ Gold-Silver exploration stage project ✓ Located on the Carlin Gold Trend, NV ✓ Permitted & bonded for drilling Silver Bell – St. Lawrence, Montana ✓ Gold-Silver exploration stag

  23. Slide 23: Board of Directors and Management

    Board of Directors and Management John F. O’Donnell, BA (Economics), LLB Edward L. Ellwood, MBA Eric Plexman Chairman of the Board President, CEO CFO & Corporate Secretary Mr. Plexman has 40 years experience serving Mr. O’Donnell is a businessman and lawyer Mr. Ellwood is an entrepreneur specialized

  24. Slide 24: Board of Directors and Management

    Board of Directors and Management Kent Britton, BA (Economics) Clifford Wiebe Director Director Mr. Britton is co-owner of a rapidly growing environmental Mr. Wiebe is an IT consultant specializing in and waste management company servicing the Alberta oil cloud-based technology systems and business

  25. Slide 25: Thacker Pass Mineral Resource Model

    Thacker Pass Mineral Resource Model (Lithium in Smectite and Illitic Clays)

  26. Slide 26: Thacker Pass Feasibility Highlights

    Thacker Pass Feasibility Highlights* November 2, 2022 – ($ US Dollars) Measured & Average Li (ppm) Lithium Carbonate Indicated (Mt) Equivalent (Mt) 1,457 2,070 16.1 Mine Life - 40 years Mining & Process - Open Pit, Acid Leach Metallurgical Recovery - 73.2 % Development Cap-X in 2 Phases - $3,996 M E

  27. Slide 27: Thacker Pass Process Flow Chart

    Thacker Pass Process Flow Chart (Lithium in Smectite and Illitic Clays)

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