Developing U.S. Domestic Sources of Copper

CORPORATE PRESENTATION November 2022

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") to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the exploration prospects and projected resources of the properties of Faraday Copper, future capitalization and market capitalization of Faraday Copper, the successful acquisition of additional copper projects, development of, optimization of, and future expansion drilling on the Copper Creek and Contact Copper projects. Although Faraday Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in anyway 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.

Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: failure to obtain regulatory or shareholder approval, market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of resources; 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 Copper 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 First Nations and other Aboriginal 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 Contact Copper and Copper Creek properties; and uncertainties with respect to any future acquisitions by Faraday Copper. 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 Copper's disclosure documents filed on and available at www.sedar.com.

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 and Zach Allwright, Professional Engineer, VP Projects and Evaluations, both a "Qualified Person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

All amounts are in Canadian dollars unless otherwise stated.

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WHY INVEST IN FARADAY COPPER?

Building a Premier North American Copper Exploration and Development Company

ASSETSCAPITAL

CATALYSTS

  • Copper Creek, AZ: one of the largest undeveloped copper projects in North America with over 3.9 Blbs of copper M&I Mineral Resources, and potential for a 30+ year mine life
  • Contact Copper, NV: low-costopen pit heap leach SX/EW oxide project
  • Scarcity of development-ready copper assets provides compelling investment opportunity
  • Well funded to advance and de-risk two copper projects
  • Supported by strategic investors, including the Lundin family, Murray Edwards, and Pierre Lassonde
  • Compelling investment Undervalued compared to peers with U.S. copper development projects
  • TSX listing completed (Nov 2022)
  • PEA for Copper Creek (Q2 2023)
  • Results from Phase II drill program at Copper Creek (H1 2023)
  • Geological model and exploration at Contact Copper in progress

Notes: The Mineral Resource Estimate for the Copper Creek project was published in a news release dated July 6, 2022 and a technical report dated August 18, 2022. For the complete Mineral Resource Estimate ("MRE") tables and related notes refer to the relevant slides at the end of this presentation.

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LACK OF U.S. COPPER DEVELOPMENT PROJECTS

Copper Creek is a Sizable U.S. Copper Development Project Held by a Junior

1,335

M&I Grade and Contained Mineral Resources (CuEq) (2)

Active, Development-Stage Copper Primary

1.0%

6.0

Projects Globally

Public Company

409

0.9%

Private Company

5.0

(Blbs M&I CuEq Contained

CuEq M&I Grade (%)

0.8%

Contained CuEq M&I

Porphyry Projects

0.7%

Mineral Resources

4.0

105

0.6%

With Sizeable Resources (1,2)

0.5%

Average (excluding Copper Creek): 0.4%

3.0

15

0.4%

2.0

0.3%

Located in USA

11

0.2%

1.0

CuEq)

0.1%

Developer-

-

-

Owned(3)

Pebble

Copper Creek

Cactus

Copper Flat

Van Dyke

Source: Company disclosure, S&P Capital IQ and S&P Capital IQ Pro as at November 1, 2022.

Santa Cruz

Red Hills

Zonia

Moonlight

Lone Mountain

Yerington/ MacArthur

(1) Includes projects with over 200 Mlbs CuEq Contained Measured and Indicated Mineral Resources.

(2) CuEq contained metal is based on commodity prices of $3.47/lb Cu, $1,650/oz Au, $19.67/oz Ag and $17.67/lb Mo.

(3) Developer-owned is defined as companies without any producing mines. Includes ten public companies and one private company.

faradaycopper.com I page 4

FARADAY COPPER: COMPELLING INVESTMENT

Peers with U.S.-based Copper Development Projects

Enterprise Value / M&I Mineral Resources

(US¢/lb CuEq) (1)(2)

25.0¢

20.5¢

20.0¢

16.3¢

1.0x

0.8x

Price / Net Asset Value (3)

0.9x

15.0¢

10.0¢

5.0¢

Average (excluding Faraday): 6.1¢

5.0¢

4.5¢

3.8¢

3.1¢

1.1¢

0.7¢

0.7¢

0.1¢

-

Ivanhoe Electric

Sandfire America

World Copper

Arizona Sonoran

Polymet

Trilogy Metals

Lion Copper and Gold

Highland Copper

Faraday Copper

Northern Dynasty

0.6x

0.5x

Average (excluding Faraday): 0.4x

0.4x

0.4x

0.4x

0.3x

0.2x

0.2x

0.1x

0.1x

-

Ivanhoe Electric

Polymet

Arizona Metals

Arizona Sonoran

Highland Copper

Trilogy Metals

Faraday Copper

World Copper

Source: Company disclosure, S&P Capital IQ and S&P Capital IQ Pro as at November 1, 2022.

  1. CuEq contained metal is based on commodity prices of $3.47/lb Cu, $1,650/oz Au, $19.67/oz Ag and $17.67/lb Mo.
  2. Faraday Copper's figure excludes the Contact Copper project.
  3. Net asset value per share figures used are analyst consensus estimates as available via S&P Capital IQ.

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Faraday Copper Corp. published this content on 25 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2022 14:54:54 UTC.