FABLED COPPER CORP. — Audit Report / Information 2020

Dec 14, 2021

December 13, 2021

British Columbia Securities Commission Alberta Securities Commission Ontario Securities Commission Autorite des Marches Financiers (Quebec)

Dear Sirs / Mesdames:

Re: Fabled Copper Corp.

We refer to the final prospectus of Fabled Copper Corp. (the "Company") dated December 13, 2021 relating to the distribution of common shares and common share purchase warrants of the Company.

We consent to being named and to the use, in the above-mentioned prospectus, of our report dated September 24, 2021 to the shareholders of the Company on the following financial statements:

Carve-out statements of financial position as at December 31, 2020 and 2019;

Carve-out statements of loss and comprehensive loss, changes in shareholders’ equity (deficit), and cash flows for the years ended December 31, 2020 and 2019, and a summary of significant accounting policies and other explanatory information.

We report that we have read the prospectus and all information therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the carve-out financial statements upon which we have reported or that are within our knowledge as a result of our audit of such carve-out financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the prospectus as these terms are described in the CPA Canada Handbook – Assurance.

Yours very truly,

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DAVIDSON & COMPANY LLP Chartered Professional Accountants