COMPANY

THE COPPER MARKET:

ELECTrIC VEHICLES

Copper is an integral part of sustainable energy initiatives because of its reliability, efficiency and performance. Its superior electrical and thermal conductivities increase the energy efficiency of countless energy-driven systems that rely on electric motors and transformers. The same physical properties are vital in the collection, storage and distribution of energy from solar, wind and other renewable sources. The copper industry needs to spend upwards of $100 billion to counter an estimated annual shortfall of 4.7 million metric tons by 2030 as the clean power and transport sectors expand exponentially, according to estimates from CRU Group. The potential shortfall could reach 10 million tons if no new mines get built, according to commodities trader Trafigura Group.1

The move to electric vehicles simply will not be possible without new sources of copper.

THE COPPER MARKET:

BEYOND ELECTrIC VEHICLES

Copper’s importance in the greening of the economy extends well beyond electric vehicles. 

COPPER IS CRITICAL TO:

SOLAR

Solar power generation requires 5.5 tons of copper per MW 1

TRANSMISSION LINES

According to the Edison Electric Institute, the U.S. electric transmission network consists of more than 600,000 circuit miles of lines, 240,000 of which are considered high-voltage lines (230 Kilovolts and greater). Copper is a key material component of transmission, which consists of structural frames, conductor lines, cables, transformers, circuit breakers, switches and substations. 

MOTORS & GENERATORS

The 8 million electric vehicles on the road internationally in 2019 are expected to increase to 50 million by 2025 and almost 140 million vehicles by 2030. EV sales are expected to reach almost 14 million vehicles annually in 2025 and 25 million vehicles annually in 2030. 2

WIND TURBINES

A 3 megawatt (MW) wind turbine contains up to 4.7 TONS OF COPPER, and often remote locations require extensive cabling to connect to the grid, especially offshore wind farms.

1. Source: Navigant Research.       2. International Energy Agency, Global EV Outlook 2020

THE COPPER MARKET:

SET TO GROW

The Biden administration’s recent infrastructure bill is like a shopping list of copper-based projects, with billions of dollars to back it up: 1

$39 Billion to modernize public transit, with an emphasis on zero-emissions vehicles

$65 Billion investment in improving the nation’s broadband infrastructure

$17 Billion in port infrastructure and $25 billion in airports to, among other things, promote electrification and other low-carbon technologies

$7.5 Billion for zero- and low-emission buses and ferries, aiming to deliver thousands of electric school buses to districts across the country

$7.5 Billion would go to building a nationwide network of plugin electric vehicle chargers

$65 Billion to rebuild the electric grid including building thousands of miles of new power lines and expanding renewable energy

TOTAL: $201 Billion in spending, all demanding copper

MANAGEMENT TEAM

DARRYL JONES

PRESIDENT & CEO

15+ years of capital market experience and an estab­lished financial network. Mr. Jones was an Investment advisor with PI Financial Corp Canada and Raymond James Ltd Canada. He was responsible for raising significant risk capital for growth companies in all sectors, with a particular focus on natural resources.

Bill Morton

M.SC., P.GEO., DIRECTOR, TECHNICAL LEAD

Driving force in the acquiring and optioning Sun Metal’s Stardust Project  Senior management of public resource companies for 20 years and is or has been a Director or Technical Advisor to more than a dozen public resource companies. Professional Geologist since 1991 and is a Member in good standing of Engineers and Geoscientists, British Columbia.

SEAN CHARLAND

DIRECTOR

A seasoned communications professional with experience in raising capital and marketing resource exploration companies. His network of contacts within the financial community extends across North America and Europe. Mr. Charland also serves as a Director of Maple Gold Mines Ltd., Arctic Star Exploration Corp., Eyecarrot Innovations Corp. and Voltaic Minerals Corp.

WES SIEMENS

P.ENG., DIRECTOR

Recently the founder, President and CEO of a private-equity funded, energy exploration company, based in Western Canada. Began in 1993 at Canadian Occidental Petroleum Ltd. and held several technical and management positions over 21 years throughout its evolution to Wascana, Nexen, and CNOOC Ltd. Has held International and senior management positions in the company included Operations, Corporate Planning and Business Development, Business Development Africa and Middle East, Oil Sands and Technical Excellence. Has accumulated extensive experience in M&A, including billions of dollars of transactions.

SEAN KINGSLEY

DIRECTOR

A mining investor & entrepreneur with over 15 years experience specializing in corporate development, corporate strategy, strategic marketing, investor relations, advising & raising capital. He is a Director of Corporate Communications for Enduro Metals, CEO & President of private companies Cardium Energy & Mango Research and Management, Strategic Advisor to Stuhini Exploration, and Independent Director to Golden Sun Mining & Pontus Protein. He served as Chair of the Association for Mineral Exploration BC’s (AME) Communications & Marketing committee from 2014-2018, remaining as a committee member. He sits on the Executive & Advisory Council for the Centre of Training Excellence in Mining (CTEM).

DARYN GORDON

CHIEF FINANCIAL OFFICER

CFO of Savannah Minerals Corp. and CFO of Canamera Energy Metals Corp. Mr. Gordon is also Member of Institute of Chartered Accountants of Alberta. Previously, CFO, Secretary & Non-Independent Director at Aroway Energy, Inc., CFO & Secretary of Reparo Energy Partners Corp., CFO & Non-Independent Director at Emperor Oil Ltd., CFO of Sparta Capital Ltd., CFO & Secretary at Harrys Manufacturing, Inc., Director at Apollo Silver Corp., Partner at Alston & Bird LLP, Principal at Abacus Financial Corp., Accountant for PBI-Gordon Corp. and CFO for Silver Mountain Mines, Inc.

Dr. Luke Bickerton

Vice President of Exploration

Luke is a geoscientist with over 10 years experience in regional mapping, mineral deposit research, and exploration for both base- and precious-metals in Canada and internationally. He has extensive experience in deposit and regional scale structural analysis, hydrothermal and isotopic geochemistry, and developing greenfield to brownfield exploration projects. Luke has dominantly specialized in porphyry and epithermal deposit exploration, but also has experience exploring for other deposit types enriched in base-, rare-, and precious metals, including: iron-oxide-copper-gold, greisen, skarn, pegmatite, VMS, and orogenic gold related deposits. Luke obtained a B.Sc. (Hons) in Earth Sciences from St. Francis Xavier University in 2011, a M.Sc. in Geology from Simon Fraser University in 2013, and a Ph.D. in Precambrian Geology and Mineral Deposits from the Harquail School of Earth Sciences at Laurentian University in 2021.