Overview

Fabled Copper (CSE:FABL) is a Vancouver-based mineral exploration and development company exploring and defining high-level and high-grade copper, gold and silver resources in Canada. The company’s flagship Muskwa copper project is located in British Columbia, the top copper-producing province in Canada.

British Columbia produced 57.4 percent of Canada’s total copper production in 2021. The northwest sector of BC is considered a world-class region for metal endowments, with more than 220 million ounces of gold and 93 billion pounds of copper. Yet, only 3 percent of these deposits have been mined, indicating the potential for future projects in the region.

The company has three projects targeting specific critical and precious metals. First, the Muskwa project has significant blue sky potential for additional copper discoveries and future production. The TJ project has known occurrences of high-grade gold and silver. Finally, the recently acquired Ohm project has known lithium pegmatites yet has not received significant exploration attention.

Fabled Copper's flagship Muskwa project has already produced significant assays returning up to 26.1 percent copper. Initially, the asset contained 22 known occurrences of copper, but this has been expanded to 90 known copper occurrences. The company is awaiting permitting and consultation to proceed with its maiden exploratory drilling campaign.

An experienced management team with experience throughout the natural resources industry leads the company towards fully exploring its assets and increasing shareholder value. Peter Hawley, CEO and director, has over 35 years of mining experience, from exploration to full production. Company director Louis Martin has been a major contributor to the co-discovery of several gold and base metal deposits during his more than 35-year career working for major, mid-tier and junior mining companies. Additional experts in geology, metallurgy, and corporate administration lead the company toward increasing shareholder value.

Company Highlights

• Fabled Copper is a Vancouver-based exploration and development company focusing on its critical and precious metals assets. The company’s portfolio includes copper, gold, and silver deposits.
• The Muskwa copper asset, the company's flagship project, is located in British Columbia, Canada's top copper-producing province.
• BC is responsible for over half of Canada's copper deposits, yet geologists believe only 3 percent of the province's deposits have been mined.
• Fabled Copper operates three projects targeting precious and critical metals: the Muskwa copper project, the TJ gold-silver project, and the newly acquired Ohm lithium property.
• The company has expanded known copper occurrences at the Muskwa project from 22 to 90 known occurrences.
• Fabled Copper is awaiting permitting and consultation before moving forward with its maiden drill campaign at the Muskwa project.
• An expert team with experience throughout the natural resources industry leads the company toward exploring its assets and improving shareholder value.

Key Projects

The Muskwa Project

The company's flagship project covers 16,219 hectares consisting of three claim blocks, which was expanded in 2022 from 8,065 hectares. The project is close to the towns of Toad River and Fort Nelson.

Project Highlights:

• Project Expanded in 2022: In 2021, the Muskwa copper project comprised 22 copper occurrences covering three claim blocks comprising 8,065 hectares. After additional exploration, the three claim blocks now contain 90 copper occurrences.
• Significant Discovery Results: Fabled Copper has made several exciting discoveries throughout the asset, with specific copper occurrences producing encouraging results, including:
  • Lady Luck: 26.1 percent copper
  • Mac: 14.4 percent copper
  • 8A: 24.6 percent copper
  • Harris: 5.72 percent copper
  • 2A: 4.83 percent copper
• Exploration Program Underway: The company applied for a five-year drill permit, which is currently pending the Inspector of Mines and First Nations consultation. The company plans to move forward with its drill program once the consultation is complete. Additionally, Fabled Copper is awaiting field results to inform specific drill targets.

TJ Ridge Gold Project

The TJ Ridge project consists of six contiguous mineral tenures covering 3,176 hectares. The project is located in the southern tip of a region widely referred to as the “Golden Triangle” due to its world-renowned gold deposits.

Project Highlights:

• Encouraging Historical Exploration: Exploration has been conducted on the asset between 1984 and 2006, which helped initially identify potential deposits. In addition, a 2007 drilling and trenching program confirmed the existence of a mineralized intrusion believed to be the source of scattered gold, silver, lead and zinc from surrounding sediments.
• High-grade Discoveries: The company has made several high-grade gold and silver discoveries throughout the project, with notable results including:
  • 13.8 g/t gold and 3,356 g/t silver
  • 12.8 g/t gold and 2,589 g/t silver
  • 19 g/t gold and 208 g/t silver
• Carbonate Base Metal Geological Model: A simplified model was created to help the company illustrate the interactions of various types of rocks and mineralizations. This model demonstrates the significant potential of the asset and helps teams identify the next drill targets.

OHM Lithium Project

Fabled Copper recently acquired three lithium claim blocks comprising the Ohm Property in Quebec. The property comprises 51 contiguous cells comprising 2,856 hectares located 70 kilometers south of Val d'Or.

Project Highlights:

• Easily Accessible: The property can be accessed from the main highway, route 117, and forestry roads 43 and 44.

Management Team

Peter Hawley - CEO and Director

Peter Hawley is the co-founder of Fabled Copper Corp, now Fabled Silver Gold Corp, and founder of Scorpio Mining Corporation (renamed Americas Gold and Silver Corporation). He is also the founder of Scorpio Gold Corp, a Nevada open-pit gold producer, and co-founder of Niogold Resource Corp (renamed Osisko Mining). He has over 35 years of mining industry experience that spans grassroots exploration to development and production.

David Smalley - Chairman and Director

David Smalley is a corporate finance and securities lawyer who has practiced for 28 years. He has been a director and officer of public companies for over 19 years. Smalley was one of the founders of Canaco Resources.

Luc Pelchat - Director

Luc Pelchat is the founder and president of the Canadian Chamber of Commerce in North Mexico. Following 24 years with a Canadian multinational company operating in the construction industry, Pelchat formed a number of his own companies and has developed multiple projects in the construction industry in Mexico.

Louis Martin - Director

Louis Martin has been a major contributor to the co-discovery of several gold and base metal deposits during his more than 35-year career working for major, mid-tier, and junior mining companies. His experience includes exploration and development roles throughout Canada. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ (Quebec Mineral Exploration Association) for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). For the last six years Martin has worked as a technical advisor and geological consultant for numerous junior and major mining companies. Prior to this, Martin was vice-president of exploration with Clifton Star Resources. Previous experience on several world-class deposits includes work with Yamana, Agnico-Eagle, Noranda / Falconbridge / Xstrata Copper, Goldcorp, Teck and Aur Resources. Martin is a professional geologist graduating from Concordia University (1983) in Montreal, Quebec, and is a member in good standing with both the Ordre des Géologues du Québec and the Association of Professional Geoscientists of Ontario. Martin has sat as a director on the boards of several not-for-profit organizations.

Pat Donovan - Director

Pat Donovan is a retired geologist with over 30 years in mineral exploration and project development experience. A former director of the Prospectors and Development Association of Canada, he was the vice-president of corporate development with Detour Gold Corp. Previous to this he was employed by Hunter Dickinson Inc. from 2006 to 2008 managing and delivering positive feasibility studies for both the Chinese and Canadian requirements on the Xietongmen copper-gold project in Tibet, China for Continental Minerals Corporation. From 1999 to 2006, Donavan was with Barrick Gold Corporation managing advanced exploration projects in Tanzania (Tulawaka and Buzwagi projects). Previously he managed all exploration programs for Consolidated Trillion Resources Ltd. in Zimbabwe. He was with Placer Dome Canada from 1991 to 1996 responsible for all Québec exploration activities. He is a graduate of St. Francis Xavier University with a major in geology.

Eric Tsung - CFO

Eric Tsung has over 15 years of experience in financial services and consulting. He has developed extensive experience in internal and external financial reporting, operations, mergers and acquisitions (M&A), public and private financing. Currently, Tsung is a senior manager of Quantum Advisory Partners LLP, a professional services firm that provides CFO, controller and day-to-day accounting support services to private and public companies in Canada and the United States. He is now serving as chief financial officer of Eco Oro Minerals Corp. (CSE: EOM) and VP, finance of Premier Diversified Holdings Inc. (TSXV: PDH.V). He was the controller of a multinational public company listed in OTC. Tsung is a chartered professional accountant, a member of the Association of Chartered Certified Accountants (FCCA) (UK), and holds a Master in Business Administration.