an advanced copper-cobalt project in northern bc … · may 2019 tsx.v: fco while the reserve...

An Advanced COPPER-COBALT Project In Northern BC

EXPLORING THE MUSKWA COPPER DISTRICT

Disclaimer

TSX.V: FCOMay 2019

This presentation may contain certain information that constitutes forward-looking statements. Forward-

looking statements are frequently characterized by words such as “plan,” “project,” “intend,” “believe,”

“anticipate,” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Forward-looking statements are made, and are subject to a variety of risks and uncertainties and other factors

that could cause actual events or results to differ materially from those projected in the forward-looking

statements. These factors include inherent risks involved in the exploration and development of mineral

properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating

metal prices and other factors described above. The Company disclaims any obligation to update or revise any

forward-looking statements if circumstances or management’s estimates or opinions could be changed. The

reader is cautioned not to place undue reliance on forward-looking statements. Most information with respect

to resources and assays are historical in nature and the Company makes no representation as to its accuracy.

The technical information contained within this presentation has been reviewed and approved by the

Company’s Technical Advisor, John Kowalchuk, PGeo, a Qualified Person as defined by NI 43-101.

Management Team

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Eugene Hodgson, B.A., President - Eugene Hodgson is an accomplished and agile Senior Executive in both private industry as a

banker, financial and public policy/government affairs advisor as well as the public sector for the BC and NWT Governments. Mr.

Hodgson is a respected networker connecting businesses and financing sources with significant expertise in renewable energy,

technology and natural resources. He’s an experienced negotiator with First Nations groups and a strategic Board member for a

number of business and community associations.

David Smalley, BA, LLB, Lead Director - David Smalley is a corporate finance and securities lawyer who has practiced for 28

years. He has been a director and officer of public companies for over 19 years. Mr. Smalley was one of the founders of Canaco

Resources.

Michael Harrison CEO, Director – Michael Harrison has 34 years of experience in the Investment Banking Industry. During this

period he has served on the Board of Directors of numerous junior and major international publicly listed companies. Throughout

most of his career he has specialized in both the Biotech and Resource/Energy Sectors and has personally been responsible for

raising in excess of $1 Billion dollars in funding.

Peter Hawley, BSc, PGeo, Director – Peter Hawley, founder of Scorpio Mining Corporation (renamed Americas Silver Corporation),

served as CEO of that company from 1998 until November 2010 and is currently a director. He has over 30 years of mining industry

experience that spans grassroots exploration through to development and production and has worked extensively with a large number

of intermediate and senior mining companies including: Teck, Noranda, Placer Dome and Barrick Gold. Mr. Hawkley is also highly

experienced in private and public company financing and corporate administration.

John Kowalchuk, P.Geo, Technical Advisor – John Kowalchuck is the Technical Advisor and Qualified Person for Fabled Coper &

Gold Corp. He’s spent 45 plus years with both junior and senior mining companies, including Placer Dome and Dupont of Canada,

and has served as a director and officer of several junior companies. He was instrumental in the discover of the Kerr Copper-Gold

porphyry in the Eskay Creek region of British Columbia and the stratiform Howard’s Pass Zinc-Lead deposit in the Yukon Territory.

While managing the Whitehorse regional office for Placer Dome, Mr. Kowalchuk studied the Wemeke Breccias which provide and

IOCG model for the breccias in northern British Columbia.

Management Team

TSX.V: FCOMay 2019

Rod Reum, CFO

Mr. Reum is a businessperson who has been at the head of 5 different companies and occupies the position of President of Veridyne

Power Corp., Chief Financial Officer of Fabled Copper Corp., Chief Financial Officer & Director at Efficacious Elk Capital Corp. and

Chief Financial Officer & Director at Ponderous Panda Capital Corp. Rodney W. Reum is also on the board of Trait Biosciences, Inc.

In his past career Mr. Reum was Director at Mission Ready Solutions, Inc. and Chief Executive Officer & Director at Mission Ready

Holdings Ltd. (a subsidiary of Mission Ready Solutions, Inc.), Chief Executive Officer & Director at Caballarius Global Holdings, Inc.

and President at Altek Power Corp.

Luc Pelchat, Director

Mr. Pelchat is the founder and President of the Canadian Chamber of Commerce in North Mexico. Following 24 years with a

Canadian multinational company operating in the construction industry, Mr. Pelchat formed a number of his own companies and has

realized multiple projects in the construction industry in Mexico. He has extensive business, financial and human resources

experience in Canada, Mexico and Africa. Mr. Pelchat is currently a director of Scorpio Gold Corp. listed on the TSX Venture

Exchange.

Andy Hunter, Corporate Secretary

Mr. Hunter is a Scottish solicitor (non practicing) who obtained his LL.B. from the University of Dundee, in 2006 and his LL.M from the

University of Strathclyde in 2013. Mr. Hunter has 4 years experience of practice in Scotland and has worked in corporate and

securities law since moving to Canada in mid 2015. He has experience in all manner of corporate and securities issues and filings

and in conducting effective corporate governance procedures. He is currently corporate secretary of a number of TSX Venture

Exchange listed companies and two private biotech companies.

Corporate Structure

TSX.V: FCOMay 2019

Symbol: TSX.V: FCO

Share Price (May 2019): 0.08

Shares Issued & Outstanding: 44,009,760

Stock Options Issued 3,765,119

52 week High/Low: $0.08/$0.04

A Copper Supply Crunch is Looming

TSX.V: FCOMay 2019

While the reserve calculations prepared for Davis Keays Mining by MacDonald Consultants Ltd (feasibility study, 1970) are considered

relevant, they are historical, and do not meet NI 43-101 standards.

Fabled Copper and Gold, which is optioning the Eagle ( Davis Keys) property is not treating the reserve calculations as a NI 43-

101 defined resource ore reserve and has not done the work necessary to verify the classifications of the resources or reserves.

Copper industry leading producers are predicting that the demand for copper will outstrip the industry

production by ~5 million tonnes by 2027. This is equivalent to the annual production of the 65 largest copper

mines in operation today.

Property Location

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Neil Property

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In the 1990's Harrington examined a breccia zone at the 8100 foot level of the Northern extension of the Neil vein. A brecciated mineralized structure, having been cut by a Northwest striking fault zone, assayed 6.1 % copper over a true width of (20.8) 69 feet.

Tests by Lakefield Labs and Applied Ore Testing concluded that in excess of 90% recovery is possible without chemical activating the ore.

NEIL VEIN

The Neil vein has been traced over a strike length of 1185 metres and a vertical extent of at least 579 metres. The vein has only been examined part way down the mountain and appears to continue another 1000 metres to the valley floor. The vein follows a northeast trending shear which is approximately 1100 metres long, 30 metres wide and 1500 metres vertical.

NEIL BRECCIA

The Neil breccia appears to have a width ranging from 19 metres' wide at the junction of the Neil Vein and widen to over 60 metres at the northeast side of the mountain where it is visible for more than 1,000 metres vertically. A deep trench cross-cutting the breccia assayed 10.2% copper over 3.0 metres while further up the breccia a true cross section assayed 6.1%copper over 20.8m. Systematic exploration of the vein and breccia would significantly increase the size of the historical resource.

Mineralization Style 1

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Chalcopyrite -quartz-carbonate veins

2-10m wide, up to 2 kms long

This is the primary mineralization encountered at the Neil Vein, previously mined Key mine (Eagle vein) and Churchill mine (Magnum vein).


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Breccia Zones

10-20 m wide zones, beside veins

The brecciated zones occur where mineralized quartz carbonate vein feeders are intersected by cross-faulting and the host rocks were fractured. The mineralization is then trapped in the open cavities.

These brecciated zones normally produce relatively large tonnages of high grade copper.

The Neil breccia assayed

6.1 % copper over 20.8m

Neil Sampling 1997

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Sample Location Width (m) Cu (wt %)

17072 breccia zone 1.3 3.01







Dimensions of Neil Vein and Breccia

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breccia

dykes

veinveinvein

vein

Neil Vein: 2,000 m long x 800 m high x 2 m wide

Neil Breccia: 2,000 m long x 800 m high x 10-20 m wide


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Hematite-chalcocite-rare earth IOCG mineralization

The most significant style of mineralization in the area, with potential for large tonnage and high grade copper mineralization.

Hematite-chalcocite mineralization (a low – sulfidation mineral type) is largely associated with hematite breccias.

Hematite breccias grading up to 38% Cu (massive chalcocite within a hematite matrix) were sampled on the adjacent Goat Matnik Property.

Hematite-chalcocite-rare earth IOCG mineralization

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Magnetic Survey

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Davies Keys

Fabled has the Exclusive opportunity to option the

adjoining properties.

District scale potential 75 km x 50 km

Neil, Ribbon and Eagle Airborne EM

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Neil Highlights

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➢ Of most significance is an approximately 10 km long EM anomaly near the northern borderof the property (the Ribbon claims).

➢ The geophysical conductor and resistivity response suggests a large weakly conductive sheetdipping gently to the south. The large, shallow dipping conductive horizon may represent asheet of mineralized breccia and may be the feeder for all of the vein mineralizationobserved in the Neil, Toro and Churchill veins. The conductive unit crops out in the YedheCreek valley at about 1,700 metres elevation.

➢ The breccia mineralization observed at the Matnik and Neil showings consisted of hematite,magnetite and chalcocite and one sample from the showings produced assay results of over40 percent copper. The style, mineralogy and grade of this mineralization suggests thepotential for a very large, high grade IOCG deposit similar to that presently being mined atOlympic Dam in Australia.

➢ The magnetic surveys also map out large areas of high magnetic response which aremapping deep seated, large magnetic bodies. These bodies are probably gabbroic intrusivebodies, similar in composition to and are the sources for the diabase dyke swarms which areseen on surface and are mapped by the low and high level magnetic surveys. The gabbroicbodies are the probable sources of both the vein mineralization as well as possible IOCGsheeted mineralization detected by the EM surveys.

18.900% Cu and 0.295% Co

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27.470% Cu

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Toro-Churchill

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➢ The principal mineralized structure is an irregular quartz vein in the foot wall of the main dike. Rock samplingreturned 8.8% copper over a width of 19 meters and strike length of 133 meters.

➢ To the north, a wide quartz vein occurs in the dike hanging wall and contains appreciable chalcopyrite above5500 foot elevation (1680 meters). Rock sampling returned an average grade of 6.8% copper over a width of14 meters and a strike length of 107 meters.

➢ Gold values were reported to range from 0.01 to 0.02 ounces per ton (opt) (0.343 to 0.686 grams/tonne (g/t).Silver values were reported to range from 0.1 to 0.2 opt (3.43 to 6.86 g/t). No details were given by Gennregarding which quartz veins were sampled.

➢ Toro-Churchill Creek

➢ The results of sampling the south section indicate a grade of 8.8% copper over a width of 19 meters and aminimum length of 133 meters. The north section showed an average grade of 6.8% copper over 2 meterswith a minimum length of 107 meters.

➢ The HO intersection is an IOCG type of vein, as it is Hematite base (non magnetic iron) and chalcocite (copper)and has little or no sulphur and is non-acid-generating. A 2 meter vein has been discovered with grab samplesover the 2 meters ranging between 18.0% copper and 42% copper.

➢ The principal mineralized structure is an irregular quartz vein on the foot wall of the main dike. Rock samplingreturned 8.8% copper over a width of 19 meters and a strike length of 133 meters.

➢

➢ To the north, a wide quartz vein occurs in the dike hanging wall and contains appreciable chalcopyrite above5500- foot elevation (1680 meters). Rock sampling returned an average grade of 6.8% copper over a width of1.4 meters and strike length of 107 meters.

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Toro-Churchill

May 2019

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Davis Keayes

May 2019

➢ The main asset on the Key Property is the historic Davis Keayes mine which was developed in 1971. A positiveFeasibility Study was completed in 1970 and a complementary Evaluation Study was completed in 1971.Production was planned but never started.

➢ The main mining target was the Eagle vein, where over 5,300 meters of underground development wascompleted over a three-year period from 1968 through 1971. MacDonald's longitudinal cross-section of thedeposit shows copper mineralization extending over a vertical range of approximately 1,400 feet (427meters) from an elevation of 6,100 feet (1,857 metres) to 7,500 feet (2,287 metres). In 1972 to 1973, KamKotia constructed a 2,500-foot long adit at the 5950 foot (1,814 metres) level and intersected the Eagle veinconfirming that the Eagle vein is still mineralized below the 1,857 depth which was the extent of the resourcecalculation.

➢Mineralization consists of semi-massive to massive chalcopyrite within quartz carbonate veins. The Eagle veinhas been traced over a strike length of 1,220 meters and to a depth of 460 meters, with obvious explorationpotential at greater depths. The valley floor is at 5,500 feet (1,677 metres) giving a potential depth extension of300 metres below the calculated resource.

➢ At least five additional copper and copper-cobalt veins, including the Harris vein, have been discovered andhave received limited exploration work. Significant secondary exploration and development targets include theHarris and Keays veins. The Harris and Keays veins may be extensions or splays of the Eagle vein, but may alsobe separate vein systems.

➢ The Eagle, Harris, Pink and Keayes veins can all be easily tested by drilling from the valley floor.

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Davis Keayes Long Section

May 2019

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Eagle Vein

May 2019

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Magnum

Page May 2019

M I N E R A L S ATM - TSX Venture A7X - Frankfurt

5200’ Adit

MAGNUM MINE

629,000 tons of 3.92% proven reserve

1,6 million tons indicated / open on strike and in depth

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Magnum

Page May 2019

➢ Mineralization is described as being

epigenetic hydrothermal vein-type, consisting

of chalcopyrite, bornite, and malachite, with

gangue of pyrite, quartz, carbonate, graphite,

and ankerite. Copper mineralization occurs in

quartz-carbonate veins.

➢ The northeast-trending and steeply dipping

fracture system and mineralized veining at

Magnum Creek was explored for a length of

1,375 meters, 90 meters wide, and to a depth

of 365 meters. Veins range from less than 1

meter up to 7.6 meters, and ten veins have

been identified.

➢ From 1970-1974, the Churchill mine

processed 598,000 tons of copper ore grading

3.0% copper.


5750’ Adit

MAGNUM MINE

Dykes

Vein

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Magnum

Page May 2019


MAGNUM UNDERGROUND

850 M

370 M

Vein; dimensions

Vein 2Vein 1

6100 ft level

5200 ft level

Environmental Structure

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➢ As the mining is perceived to be by underground methods, surface disturbance will beminimal

➢ Virtually all of the material mined will be ore and no extensive waste dumps will be createdin the process

➢ The streams of the area drain east and therefore do not form part of the Pacific spawningsystem

➢ Project site is in a very remote location, away from any inhabited area, parks, recreationalamenities and other natural resource industry, therefore re-opening a mine in this areashould have no detrimental effect on the other values and qualities of the region

➢ High lime content of vein mineral and host rock should be sufficient to offset acidgeneration potential of sulphide content of tailings

➢ Additional limestone can be mined and added to tailings if needed

2019 Exploration Program Plan

TSX.V: FCOMay 2019

Phase 1 - $ 690,000

▪ NEIL $265,000

Geological mapping and systematic channel sampling of mineralized veins and breccias.

Drilling 1,000 meters on geophysical conductor and across Neil vein and breccia.

Eagle $150,000


Magnum Mine $150,000


TORO $125,000


Soil Sampling of areas between mineralized showings

Phase 2 - $1,500,000

Phase 2 is contingent on the results of Phase 1.

Core drilling program of 4,000 meters (including all projects)

Future Plans

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➢ Investors have invested $ 1.5 million in the company, that is to be used for the current

work program.

➢ The company is currently undertaking a flow-through financing to expedite it’s regional

exploration program, including it’s latest acquisitions.

➢ The company will commence it’s summer work program in July, 2019.

➢ The company is in the process of consolidating the Entire District, to include the

following projects:

➢ Eagle (Former Davis Keys mine)- $15 million development previously, 2 parallel veins

most likely tripling the resource down to the 1,800m level.

➢ Magnum Mine ( former Churchill mine, Cassia Copper) with developed tonnage in place

and at least 10 parallel mineralized veins running to depth.

➢ Magnum breccia richly mineralized and even larger than the Neil breccia.

➢ The company will work closely with the Kaska Dena First Nation.

Contact

TSX.V: FCOMay 2019

Fabled Copper CorporationSuite 2300 – 1066 West Hastings Street

Vancouver, BCV6E 3X2

www.fabledcopper.comPhone: (604) 805—6600

General inquiries: [email protected]

Investment inquiries: [email protected]

CORPORATE HEAD OFFICE

mailto:[email protected]

mailto:[email protected]

an advanced copper-cobalt project in northern bc … · may 2019 tsx.v: fco while the reserve...

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