INVESTOR PRESENTATION September 2018 CSE: CO Frankfurt : 42L US: - - PowerPoint PPT Presentation

INVESTOR PRESENTATION September 2018

CSE: CO Frankfurt : 42L US: COBAF-Q

Forward Looking Statements

Certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Blackbird Creek Project: Statements pertaining to the ability of International Cobalt Corp (“CO”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CO to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CO in light of its experience and perception of current and expected future developments, as well as other factors that CO believes are appropriate in the circumstances. Many factors could cause CO’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Persons reviewing this presentation are cautioned not to place undue reliance on forward-looking statements due to inherent uncertainty therein. CO disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result

• f new information, future events or otherwise, except as required by law.

The contents of this presentation have been reviewed by Neil McCallum P.Geo, a Qualified Person as defined by National Instrument 43-101.

CAPITAL STRUCTURE

Issued and Outstanding 185,753,772 Warrants and Options 84,015,931 Fully Diluted 269,769,653 Market Capitalisation ($0.8) Feb. 2018 $14,860,000

International Cobalt Corp (CSE: CO, Frankfurt: 42L US: COBAF-Q )

LIMITED US PRODUCTION WILL TURN INTO AN ECNOMIC DRAG AND A POTENTIAL SECURITY RISK

Huge price increases since 2017 September 2018 price: $US 64,499 /t All time high: $US 110,000 / t in 2008

“With this growth will come further disruption to the traditional market structures that have developed in cobalt over the last 30 years. In short, a new, more secure supply chain for the modern era will need to be created, a task that includes new mines, new refineries, and a more transparent supply chain.” Andrew Miller, Benchmark Minerals

IMPORTANCE OF COBALT

Cobalt is a Strategic Mineral for the Defense Industrial Base

The largest use traditional use of cobalt is in superalloys, which are used to make jet engine parts and other military hardware (approximately 45% of consumption)

Cobalt is Essential to Growing Segments of the economy

75% of lithium-ion batteries projected to contain cobalt by 2020 (Source: CRU Group)

Electric Vehicles Need Cobalt for Battery Packs

By 2020, 48% of cobalt demand will come from EVs and electronics (Source: CRU Group)

U.S. COBALT CONSUMERS FACE SECUIRTY-OF-SUPPLY RISKS ON MULTIPLE FRONTS

Limited U.S. Production

There is not a single active cobalt mine in the U.S., limited supply comes from other mineral byproducts

U.S. Consumers Must Rely on Imports

As of 2017, the U.S. was 72% net import- reliant

U.S. COBALT CONSUMERS FACE SECUIRTY-OF-SUPPLY RISKS ON MULTIPLE FRONTS

Import-Reliance Presents Significant Risk

The worlds leading primary producer of cobalt is the Democratic People’s Republic of the Congo China was the world’s leading producer of refined cobalt and a leading supplier of cobalt imports to the United States

U.S. Response

In response to these trends, Cobalt was designated as a Critical Mineral in a 2018 Executive Order

8 Cobalt imports to the United States exceeded 12,000 metric tons in 2017

Current Cobalt Social and Geopolitical Issues

with more than one-half of world production in 2016. This production was mainly a byproduct of copper operations. Cobalt also is recovered as a byproduct of nickel mining in Russia and other countries. Like the United States, China lacks sufficient domestic supplies for its industries and, thus, has aggressively sought to secure its supplies through overseas

• acquisitions. Cobalt demand is expected to

grow significantly because of its use in rechargeable batteries for electric vehicles and

• ther technologies. Other uses of cobalt are in

superalloys for jet engines and cemented carbides for cutting tools and wear-resistant applications

The Democratic Republic of the Congo

Project Overview

100% ownership of a two strategic cobalt assets in the historical Idaho Cobalt Belt in Lemhi County, USA. four projects totaling approximately 10200 hectares early entrant to area secured significant position in most prospective horizons of cobalt belt. Two Projects located in Eastern Canada with Significant historical showings and Cobalt prospective potential A Right of First Refusal on an additional 6871 Hectares in Idaho

International Cobalt’s Blackbird Creek & Formation North Projects International Cobalt’s Mount Thom & Ramsay Projects

Mount Thom - Nova Scotia, Canada

Approximately 22 kilometres east of

• Truro. 39 mineral claims over five

contiguous licences Covers approximately 1,560 acres.

Non-National Instrument 43-101- compliant historical resource of 300,000 tonnes of copper grading 1.5 per cent

Untested regional targets offering significant cobalt exploration potential.

Ramsay Cobalt- Located in the Bathurst Mining Camp of New Brunswick

approximately 46 volcanogenic massive sulfide (VMS) mineral deposits with defined tonnage and another hundred mineral

• ccurrences.

Previous operators identified Cobalt and Copper mineralization over a 650m strike length through trenching, geochemical surveys, ground-based geophysics and a limited drilling program totaling 1,321 meters. Nine holes were drilled on the Ramsay cobalt property by previous workers in 2004. completed and received preliminary data from the high resolution Magnetic (MAG) and Time Domain Electromagnetic (TDEM) airborne survey

Idaho Cobalt Belt

Historic Blackbird MiningArea: Blackbird Mine is the onlyhistoric primary cobalt mine in theUS

International Cobalt’s Blackbird Creek Project:

Immediately south of historicBlackbird Mine, Adjacent and south of eCobalt’s Idaho Cobalt Project

International Cobalt’s Formation NorthProject:

Historic showings within 5km of eCobalt’s Idaho Cobalt Project

International Cobalt’s ROFR on 4 additional Cobalt Assets:

four distinct and separate mining projects comprising up to 822 Claims (up to 6,871 hectares) in the Idaho Cobalt Belt, collectively known as the “Champion Projects.”

Historic Analysis (Anderson, 1943)

“The cobalt bloom on the lower exposure is visible from points more than half a mile away and makes the ledge stand out very conspicuously from others in its vicinity A 20 feet of a talus slope carried “Slightly less than 2% cobalt”. Other richer zones form bodies of ore a few feet thick that probably contain as much as 6% cobalt. Otherwise, the lode may carry from 1% - 2 % cobalt.” Ludwig Historic Exploration Adit

Noranda Exploration Results, 1979

Only 8 known drill holes by Noranda. More drilling recommended, but not documented. Surface sampling of the exploration adit revealed: ▪ 7.0 metres of 0.71% cobalt DDH-70-2A drill hole returned ▪ 7.9 metres of 0.4% cobalt

Noranda conclusions:

“Exploration models suggest the presence of a large tonnage stratabound deposit of unknown grade within the Blackbird Breccia Stratigraphy.”

BLACKBIRD CREEK PROJECT – LUDWIG PROSPECT

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BLACKBIRD CREEK PROJECT – LUDWIG PROSPECT

2016 reconnaissance sampling of the Ludwig Showing confirmed the presence of cobalt mineralization Grab sample at the adit of 0.48%cobalt Ludwig Main Prospect showing outsideface covered in cobalt bloom (erythrite). Ludwig Main Prospect showing inside the adit with pervasive cobalt bloom (erythrite) throughout.

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BLACKBIRD CREEK PROJECT- Total Magnetic Intensity

SAMPLE ID Cobalt (%) 8474 4.50 8507 0.16 8511 0.30 8516 0.28 8537 1.70 8580 1.30 8581 0.18 8582 0.75 16666 0.21 16667 0.22 16668 1.86 16672 1.28

Selected samples from 1979-1980 Noranda sampling

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BLACKBIRD CREEK PROJECT- Electromagnetic Conductivity

SAMPLE ID Cobalt (%) 8474 4.50 8507 0.16 8511 0.30 8516 0.28 8537 1.70 8580 1.30 8581 0.18 8582 0.75 16666 0.21 16667 0.22 16668 1.86 16672 1.28

Selected samples from 1979-1980 Noranda sampling

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BLACKBIRD CREEK PROJECT- 2018 Ground Work Map

Completed 2018 Groundwork Program Assays Released Soon

New Cobalt “Raven” Prospect Discovery

Modern Exploration and Geoscience Techniques:

Full spectrum soil sampling Extensive geophysical Surverys Magnetic Surveys Electromagnetic

Systematic Unbiased Sampling

MANAGEMENT/DIRECTORS

Tim Johnson - CEO/Director

• Mr. Johnson has over 25 years experience in the mineral exploration industry ranging from grassroots prospecting

to consulting company operation and public company management. As a founder and manager of Arcmin Enterprises he helped a northern British Columbia First Nation build a labour service company employing over 180 people providing entry level and skilled workers to exploration and development projects in BC’s golden

• triangle. Mr. Johnson is also a director and CEO of Granite Creek Gold a TSX.V listed company exploring for gold in

West Africa.

Eugene Beukman - Director

Eugene Beukman is the Corporate Counsel of the Pender Group of Companies, a position he has held since January

• 1994. He graduated from the Rand University of Johannesburg, South Africa with a Bachelor of Law degree and a

Bachelor of Law Honors Postgraduate degree in 1987. Mr. Beukman was previously employed as a legal advisor to the predecessor of BHP Billiton. He has over twenty years experience in the acquisition of assets and joint ventures.

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MANAGEMENT/DIRECTORS - Cont

Paul J. DesLauriers - Director

• Mr. Paul J. DesLauriers is a Principal at Loewen Ondaatje McCutcheon Limited, a Canadian investment dealer of

which he was a co-founded in 1970. He has been active in the Canadian investment industry since 1962 in research, institutional coverage and corporate finance in Toronto and Montreal. In 1986, Mr. DesLauriers was a Founder and a Partner of the Lakewood Capital Group which had a production profile of over 7,500 BOE/PD when it was sold. In 1984, he was a Founder and a Funder of the CMP Group, which was the driver of changes in legislation which resulted in the emergence of the flow-through financing mechanism for the resource sector in Canada. He also served as the Vice Chairman and Governor of the Montreal Exchange. Mr. DesLauriers also served as a Director and Officer of the Montreal Society of Financial Analysts. He served as the Chairman of the Canadian Securities

• Institute. Mr. DesLauriers obtained a Bachelor of Arts in Literature and Bachelor of Commerce degree in Finance

from Concordia University in 1962 and 1967respectively.

Maciej (Magic) Lis - Director

• Mr. Lis currently holds interests in various predominately sales, distribution and logistics companies which

he helped build over the preceding decade. Mr. Lis has also previously acted in a number of business development and investor communication roles for both public and private small-cap and mid-cap natural resource sector companies

• perating globally. Mr. Lis holds an Honors Degree in Economics from the University of Toronto, and is fluent in 3
• languages. Mr. Lis is an active patron of the arts and theatre, to which he contributes not only financial support but

also resources, skills andtime.

CONCLUSION

1. 100% ownership of two strategic cobalt assets in the historicalIdaho Cobalt Belt in Lehmi County, USA. 2. Well funded for 2018 and 2019 exploration programs. Plan of operations for 15,000 ft plus drill program to be filed with Idaho Forest Service 3. Located north and south of the former Blackbird Creek CobaltMine, the only primary Cobalt Mine in the United States. 4. Each project within 5km of eCobalt Solutions (TSX: “ECS”) Idaho Cobalt Project. 5. Several known cobalt showings and adits situated within the Projects area including the Ludwig Main Prospect, with evidence of extensive cobalt mineralization 6. Strong team of North American based technical consultants.

Please Contact: Tyler Lowes Corporate Development 604-329-5097 tlowes@internationalcobalt.com Office: 789 West Pender Street Suite 810 Vancouver, BC V6C 1H2

Questions?

CSE : CO Frankfurt: 42L