Developing U.S. Domestic Copper

CORPORATE PRESENTATION July 2023

CAUTIONARY STATEMENT

Some of the statements in this presentation, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday Copper Corp. ("Faraday Copper" or "Faraday" or "The Company") to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". Although Faraday Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of resources; receipt of regulatory approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedar.com.

The metrics presented in this presentation are based on a PEA that includes an economic analysis of the potential viability of Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. This PEA is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty the PEA will be realized.

This presentation makes reference to certain non-IFRS measures including production cash costs and all-in sustaining costs ("AISC"). These measures are not recognized under IFRS, do not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers; however, Faraday believes that these measures are useful to assist readers in evaluating the total costs of producing copper from their operations. While there is no standardized meaning across the industry for this measure, the Company defines production cash costs as based on the direct operating costs, including mining, processing, and G&A, offsite charges, net of by-product credits. By-product credits are calculated using commodity prices: $13.00 per pound of molybdenum and $20.00 per ounce of silver. AISC is the sum of the production cash costs, sustaining capital expenditures and royalties.

This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This presentation is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday Copper in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this presentation, and any representation to the contrary is an offence.

All of the forward-looking statements contained in this presentation are qualified by these cautionary statements. Faraday Copper does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on Faraday Copper, readers should refer to www.sedar.com for the Faraday Copper's filings with the Canadian securities regulatory authorities.

Technical information in this presentation has been reviewed and approved by Thomas Bissig, Professional Geologist, VP Exploration of the Company and Zach Allwright, Professional Engineer, VP Projects and Evaluations of the Company, both a "Qualified Person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Both have verified the data contained herein (where possible) which included a review of the sampling analytical and test methods underlying the data, information and opinions disclosed herein.

All amounts are in U.S. dollars unless otherwise stated.

faradaycopper.com I page 2

FARADAY COPPER: HIGHLIGHTS

Building a Premier North American Copper Company

ASSET

  • Copper Creek in Arizona is a large undeveloped project with over 4.2 Blbs of copper M&I Mineral Resourcesa in a Tier-Onejurisdictionb
  • Delivered a robust PEA with NPV(7%) of $713 M and IRR of 16%, demonstrating economic viability
  • Scarcity of development-ready copper assets provides excellent opportunity for the project

STRATEGY

  • Growing the resource though definition of high-gradezones and step-outdrilling
  • Targeting new discoveries in an underexplored district
  • Value engineering aimed at higher production rates and processing optimization
  • Gold program targeting potential gold inclusion in future resource updates

CATALYSTS

▪ 10,000 m Phase II drill program

results (H2 2023)

▪ 20,000 m Phase III drill

program commencing

(Q4 2023)

▪ Gold Program results

(H2 2023 - H1 2024)

Notes:.

  1. The Mineral Resource Estimate ("MRE") for the Copper Creek project was published in a news release dated May 3, 2023. For the complete MRE tables and related notes refer to the relevant slides at the end of this presentation.
  2. Tier-Onemining jurisdiction is defined as one of the top 10 jurisdictions in the Investment Attractiveness Index of the Fraser Institute Annual Survey of Mining Companies, 2022.

faradaycopper.com I page 3

FARADAY COPPER: COMPELLING INVESTMENT

Low Capital Intensity, Long Life U.S. Copper Project Owned by a Developer

Initial Capital Intensity vs Mine Life (a, b)

Enterprise Value / M&I Mineral Resources (b)

Intensity

Plan Inventory)

Initial Capital

(US¢/lb CuEq Mine

60¢

50¢

40¢

30¢

20¢

10¢

-

37.1¢ 17.6¢ 15.0¢

10.0¢

Copperwood

Carmacks

Copper

Flat

Upper

CuEq)

7.5¢

Kobuk

6.9¢

Kwanika

Average EV/M&I Resources - excl. Faraday: 6.5¢

Antler

North

(US¢/lb

5.9¢

5.4¢

Marimaca

Creek

4.3¢

Cascabel

San Matias

Island

Copper

5.0¢

EV/M&I

Van

McIlvenna

Canariaco

Dyke

Bay

2.8¢

Norte

Escalones

2.5¢

2.1¢

1.9¢

1.8¢

1.4¢

Black

1.2¢

Cactus

0.7¢

Casino

0.6¢

0.6¢

Butte

0.3¢

Foran

(c)

Sandfire America

Arizona Sonoran

THEMAC

WorldNew

Trilogy

FoxCopper

(d)

NorthWest

SolGold

Western Gold&Copper

Cordoba

CreekGranite

NorthIsle

Highland

Candente

5

10

15

20

25

30

35

Ivanhoe Electric

Faraday

Mine Life (Years)

USA Copper Development Projects

1.0 Blbs

2.0 Blbs

4.0 Blbs

Copper Development Projects Outside USA

CuEq Mine Plan Inventory (b)

Source: Company disclosure, S&P Capital IQ and S&P Capital IQ Pro as at May 2, 2023.

  1. Includes copper projects with recent technical studies (preliminary economic assessment, prefeasibility study, and definitive feasibility study). Located in the Americas and owned by non-producing companies.
  2. CuEq mine plan inventory includes Measured, Indicated and Inferred Mineral Resources contemplated as mine plan inventory within a technical report as descripted in Footnote (1), and is based on applicable prices utilized in the Copper Creek PEA of $3.80/lb Cu, $20.00/oz Ag, and $13.00/lb Mo, and consensus long-term commodity prices of $1,675/oz Au, $0.95/lb Pb and $1.25/lb Zn.
  3. Ivanhoe Electric has not issued a technical study as of the date of this presentation.

d) Faraday Copper's figure excludes the Contact Copper project as the Mineral Resource is deemed to be historical.

faradaycopper.com I page 4

BRINGING A SENIOR MINING COMPANY EXPERTISE

Faraday has Drawn Senior Mining Company Talent Who Know Good Projects with Real Potential

Management

Board of Directors

Paul Harbidge

President, CEO & Director

Prev: President & CEO of GT Gold, acquired by Newmont for $456M, former SVP Exploration at Goldcorp and General Manager Exploration at Randgold Resources; Currently Director of Japan Gold

Graham Richardson

Dr. Thomas Bissig

Chief Financial Officer

VP Exploration

Prev: Goldcorp / Newmont

Prev: Goldcorp / Newmont

Zach Allwright

Aaron Cohn

VP Projects & Evaluations

VP & Country Manager, USA

Prev: Mining Plus

Prev: Ma'aden / Newmont

Angela Johnson

Stacey Pavlova

VP Corp Dev. & Sustainability

VP Investor Relations

Prev: SSR Mining, Calibre Mining

Prev: SSR Mining

Russell Ball

Chair

Prev: CEO,

Calibre Mining;

CFO, Goldcorp;

CFO, Newmont;

Currently Director

of Ivanhoe Electric

and Southern

Silver Exploration

Audra Walsh

Robert Doyle

Prev. CEO, Minas de

Prev. CFO, Pan

Aguas Tenidas (MATSA)

American Silver

Randy Engel

Arndt Brettschneider

Prev. EVP, Strategic

Currently VP Operations &

Development, Newmont

Projects, Filo Mining

Katherine Arnold

Alan Wilson

Prev. Director, Environment,

Prev. International Exploration

Hudbay

Manager, Antofagasta

faradaycopper.com I page 5

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Disclaimer

Faraday Copper Corp. published this content on 17 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2023 07:31:05 UTC.