Eagle Mountain Mining : Investor Presentation

ersonal use only

( ASX:EM2 )

Laying the

foundations for

green copper

production

Investor Presentation- November 2021

IMPORTANT INFORMATION

P u r p o s e	o f p r e s e n t a t I o n : This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction the Company's Annual Report, issued by Eagle
Mountain 22 October 2021 and subsequent ASX announcements made by the company.
N a t u r e o f	p r e s e n t a t I o n : This presentation is not investment advice and should not be relied upon to make any investment decision. This presentation is not a prospectus or other disclosure document and does not contain all

onlypresentation, expected to take place, but there cannot be any guarantee that such events will occur as anticipated or at all given that many of the events are outside Eagle Mountain's control. The stated events may differ materially fr m results ultimately achieved. Accordingly, Eagle Mountain and its officers, employees and advisers, cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this presentation will actually occur. Further, other than as required by law, Eagle Mountain may not update or revise any forward-looking statement if events subsequently occur or information subsequently becomes available that affects the original forward-looking statement

of the information which would be found in such documents or which may be required by an investor to make a decision regarding an investment in Eagle Mountain. This presentation has not and will not be lodged with the Australian Securities and Investments Commission.

F o r w a r d - l o o k I n g s t a t e m e n t s : This presentation contains forward-looking statements which incorporate an element of uncertainty or risk, such as 'intends', 'may', 'could', 'believes', 'estimates', 'targets' or 'expects'. These

statements have been prepared with all reasonable care and attention, based on an evaluation of current economic and operating conditions, as well as assumptions regarding future events. These events are, as at the date of this

N o w a r r a n t I e s o r r e p r e s e n t a t I o n s : Although Eagle Mountain has used due care and diligence in the preparation of this presentation, to the extent permitted by law, no representation or warranty is made by Eagle Mountain nor any of its officers, employees or advisers, as to the accuracy or completeness of the information in this presentation. No information contained in this presentation or any other written or oral communication transmitted or made available shall be relied upon as a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this presentation. No liability will attach to Eagle Mountain, or its officers, employees or advisers, with respect to any such information, estimates, forecasts or projections.

D I s c l a I m e r : Except for statutory liability which cannot be excluded, Eagle Mountain, its officers, employees, contractors and advisors expressly disclaim any responsibility for the accuracy or completeness of the material contained

in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission
use
therefrom.
C o p y r I g h t : Eagle Mountain holds the copyright in this paper. Except as permitted under the Copyright Act 1968 (Cth), this paper or any part thereof may not be reproduced without Eagle Mountain's written permission.
•	C O M P E T E N T P E R S O N S T A T E M E N T The information in this document that relates to Exploration Activities is based on information compiled by Mr Fabio Vergara and Mr Brian Paull who are both Members of The
	Australasian Institute of Mining and Metallurgy (MAusIMM) and have sufficient experience relevant to the activity which they are undertaking to qualify as a Competent Persons as defined in the 2012 Edition of the Australasian
	Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). Mr Vergara is the Chief Geologist and Mr Paull Principal Geologist of Eagle Mountain Mining Limited and consent to the inclusion
	in this document of the information in the form and context in which it appears. Mr Vergara and Mr Paull hold shares and options in Eagle Mountain Mining Limited.
•	Where the Company references the JORC Mineral Resource Estimate announced on 14 December 2020 it confirms that it is not aware of any new information or data that materially affects the information included in that
	announcement, and all material assumptions and technical parameters underpinning the Mineral Resource Estimate within that announcement continue to apply and have not materially changed. In addition the form and context
	in which the Competent Persons findings are presented have not been materially modified from the original reports.
•	Where the Company references historic exploration results including technical information from previous ASX announcements including 25 May 2020, JORC Table 1 disclosures are included within them. The Company confirms
ersonal	that it is not aware of any new information or data that materially affects the information included in those announcements, and all material assumptions and technical parameters underpinning the results within those
announcements continue to apply and have not materially changed. In addition the form and context in which the Competent Persons findings are presented have not been materially modified from the original reports.
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Investment highlights

nlyo	JORC copper resource of 12.2Mt at 1.51% Cu for
184 kt Contained Copper* - First update Q1 2022
Accelerating drilling program with recent transition
to three drills
Good credentials to potentially be a low emission
seu	mining operation
Existing underground mine with 18km of
	development and extensive local infrastructure
	Positive and supportive community - Tier 1 mining
	jurisdiction Arizona, USA
rsonale	Strong drilling results since September 2020

outside the Mineral Resource Estimate

Well funded - $16m placement in September 2021

A highly regarded board and management team motivated to deliver stakeholder value

Well leveraged to the rising copper price

*Refer Appendix 1

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Conceptual cross section

ersonal use only

Surrounded by major mining operations

Close proximity to:

• Smelters
• Rail network
• Tucson workforce

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