Faraday Copper

Faraday Copper_200x300px

Primary ticker: TSX:FDY, OTCQX:CPPKF

Stage of development: Exploration

Primary minerals: Copper

Project to promote: Copper Creek Project

Project location: Arizona, United States

Website: www.faradaycopper.com
Corporate presentation: Click here

Faraday Copper is a Canadian exploration company focused on advancing its flagship copper project in the U.S.A. The Copper Creek Project, located in Arizona, is one of the largest undeveloped copper projects in North America with open pit and bulk underground mining potential. A Preliminary Economic Assessment on the Copper Creek Project outlines robust project economics, low initial capital investment and over 3 billion pounds of copper production during a 32-year mine life. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol “FDY”.

Cash: CAD$22.3 M
Debt: NIL

Major shareholders:
Lundin Family, Murray Edwards, Pierre Lassonde – combined +30%
Fidelity Management & Research Company LLC
Franklin Advisers, Inc.
Wellington Management Company, LLP
K2 Principal Fund L.P.
Management Ownership – 2.8%

Financials

Management Profile

Paul Harbidge – President and CEO

Paul Harbidge is the President and CEO of Faraday Copper Corp. He is a geologist with more than 25 years of experience in mining exploration and development with a proven track record of discovering world class gold deposits. Mr. Harbidge was most recently the President and CEO of GT Gold and led the company to a C$456 million acquisition by Newmont Mining Corp. (“Newmont”) in May 2021. Prior to this, Mr. Harbidge was the Senior Vice President of Exploration at Goldcorp Inc. from 2016 until its acquisition by Newmont in 2019. Prior to that, Mr. Harbidge successfully led the exploration team at Randgold Resources Limited, resulting in five major gold discoveries including the +5 Moz Gounkoto deposit in Mali and the +4 Moz Massawa deposit in Senegal. Mr. Harbidge is a director of Japan Gold Corp., a gold exploration company, and a technical advisor to Kalo Gold and Gemdale Gold. He has a First-Class Honours Degree in Geology from Kingston University, London (U.K.) and a Masters of Science degree in Mineral Exploration and Mining Geology from Leicester University (U.K.).

Stacey Pavlova – VP Investor Relations and Communications

Stacey Pavlova is a finance professional with over ten years of experience in the mining industry within the areas of investor relations, finance, and metal sales. Prior to her role at Faraday Copper, Ms. Pavlova was the Vice President, Investor Relations and Corporate Communications at New Pacific Metals and held various positions in investor relations, treasury, and metal sales with SSR Mining, an intermediate precious metals producer with operations in the U.S., Canada, Turkey, and Argentina. Ms. Pavlova serves as a Board member of NiCAN Ltd. and the Canadian Investor Relations Institute. She holds the designation of Chartered Financial Analyst and is a graduate of the University of Denver, where she completed a Master’s in Finance degree.

What is your rationale for taking part in 121 Mining Investment?

Faraday Copper is advancing one of the largest undeveloped copper assets in North America with significant exploration upside. We trade at a significant discount to our peers when considered relative to the mineral endowment. The Copper Creek project is located in a tier-one mining jurisdiction. We have a clear strategy to advance and de-risk the project and have an experienced team and board to execute on this strategy.

Additionally, copper is forecasted to be in a supply deficit due to limited new projects coming into production and the expected role copper plays in the clean energy transition. We see the U.S. and other western countries now acknowledging the strategic need to support the development of these metal resources domestically. This positions the Copper Creek project well to be a future U.S. supplier of copper.

What recent news would you like to highlight to investors attending?

August 1, 2023 – Faraday Copper Reports 14.84 metres at 1.61% Copper within 30.50 metres at 0.95% Copper Near Surface at Copper Creek in Arizona

July 12, 2023 – Faraday Copper Reports 17.70 metres at 0.96% Copper and 0.12 g/t Gold within 101.31 metres at 0.45% Copper at Copper Creek in Arizona

June 13, 2023 – Faraday Copper Files NI 43-101 Technical Report on the Copper Creek Project

May 31, 2023 – Faraday Copper Reports 32.27 metres at 0.98% Copper and 103.26 metres at 0.79% Copper within 484.81 metres at 0.42% Copper Outside of the Keel Underground Mineral Resource

May 16, 2023 – Faraday Copper Intersects 45.89 Metres at 1.68% Copper, 0.33 g/t Gold and 5.55 g/t Silver Near Surface

May 3, 2023 – Faraday Copper Announces PEA for Copper Creek with NPV US$713M and 4.2 Billion Pounds of Measured and Indicated Copper Mineral Resources

March 14, 2023 – Faraday Copper Reports 100.12 Metres at 0.69% Copper at Copper Creek in Arizona

What are your key goals in 3 months, 6 months, 12 months?

12 Months:
Our strategy is to de-risk, grow, and technically advance the Copper Creek project up the value curve, positioning it to be a supplier of U.S. copper resources.

What do you think makes your company such a compelling investment?

Relative to other projects in North and South America, Copper Creek presents a compelling project based on its size, mine life and capital intensity. The project provides a low-risk capital scenario with significant optionality and a long mine life to support the clean energy transition.

What are the top 3 key investor takeaways?

With the current scarcity of development-ready copper projects, the Copper Creek project provides a large undeveloped Mineral Resource with significant exploration upside, supported by a team well-equipped to unlock its value.