Investor Presentaiton
Valuation Catalysts and Anticipated Timeline
CATALYST
Time to Accomplish
When
PRELIMINARY ECONOMIC
ASSESSMENT (PEA)
Current Status
NA
UPDATED PEA WITH ORE
SORTING STUDY
6 Months
September 2023
Budget
ΝΑ
$750K
Net Present Value
$356 million (base case)
Significant increase expected
to Current PEA Value (1)
% of NPV to Equity Value
10%(2)
10%(2)
1.
UPLIST TO SENIOR NATIONAL
EXCHANGE + SECONDARY
OFFERING
18 months from OTC Merger
PRELIMINARY FEASIBILITY
STUDY (PFS)
2 Years from Uplisting
June 2024
Company will be raising approximately
$10M
June 2026
$30M
Significant Increase to Updated
PEA value expected
20%(3)
The preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is
no certainty that the PEA will be realized.
2.
3.
Ten percent of the NPV of a Preliminary Economic Assessment is a generally accepted metric in the industry for the equity value of a mining project
Twenty percent of the NPV of a Preliminary Feasibility Study is a generally accepted metric in the industry for the equity value of a mining project
In the next 6 months, the company is laser focused on 2 things.
1. ORE SORTING STUDY
•
Will likely increase NPV of 2020 PEA
.
With approximately $750K, the company can conduct important ore sorting evaluation and testing to eliminate waste and reduce mill size and capital and operating costs.
2. INVESTOR RELATIONS PROGRAM
•
To share the story with multiple parties.
• Will include reach out to institutional investors, retail investors, research professionals, social media, etc.
IDAHO
© 2023 Idaho Copper Corp. All rights reserved.
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