Nexgen Energy Ltd. · TSX:NXE
Nexgen Energy — Investor Presentation (February 2017)
39 slides from Nexgen Energy's investor presentation, February 2017
Slide 1: Arrow: Canada's Largest Undeveloped Uranium Project
ARROW: Canada’s Largest Undeveloped Uranium Project February 2017
Slide 2: Disclaimer
2 Disclaimer Information Contained In This Presentation This presentation is a summary description of NexGen Energy Ltd. (“NexGen” or the “Company”) and its business and does not purport to be complete. This presentation is not, and in no circumstances is it to be construed as, a prospectus, an adve
Slide 3: Summary
~Nex' Eneryus. NXE
Slide 4: People
4 People NexGen is led by a team of highly experienced uranium professionals with experience spanning exploration through to production.
Slide 5: Project
5 Project Arrow is the largest uranium exploration & development in Canada. Arrow exhibits unique technical characteristics.
Slide 6: Jurisdiction
6 Jurisdiction Saskatchewan Canada rated 2nd best mining jurisdiction in World by Fraser Institute for 2015 and is the second largest uranium producing region in the World representing 16% of global production.
Slide 7: Overview: NexGen Projects
7 Overview: NexGen Projects ! Gunnar ! ! Lorado NORTHWEST ATHABASCA Athabasca Basin Projects Saskatchewan, Canada Scale - 1:1 600 000 Projection - NAD 1983 UTM Zone 12N Roughrider RADIO McClean Lake Midwest Lake " "[ ! Eagle Point Cluff Lake Natona Bay [ ! ! Collins Bay ! ! NORTH THORBURN " [ Rabbit
Slide 8: Dominance in Southwest
8 Dominance in Southwest Arrow is the largest undeveloped uranium deposit in the Basin. Opportunity for more zones of mineralization across the property and is currently being tested.
Slide 9: Arrow: Canada's Largest Exploration/Development Project
9 Arrow: Canada’s Largest Exploration/Development Project 201.9Mlbs contained in Uniquely 100% land 3.48Mt grading 2.63% based and entirely Only includes the 82 U3O8 in the Inferred basement hosted holes drilled up to the Mineral Resource commencing 100 m end of October 2015 (AR- Category making it
Slide 10: Resilient Resource Estimate
10 Resilient Resource Estimate Maiden Inferred Mineral Resource Estimate Cut-Off % U3O8 Tonnes Grade (capped) % U3O8 Contained U3O8 0.25 3,480,000 2.63 201,900,000 0.50 2,510,000 3.51 194,300,000 1.00 1,490,000 5.43 178,300,000 2.50 677,800 10.04 150,100,000 5.00 396,500 14.70 128,500,000 10.00 221,
Slide 11: Athabasca Basin Setting – What makes Arrow Unique
Athabasca Basin Setting – What makes Arrow Unique! 11 100 m 10 m 450 m unconsolidated competent Sandstone-hosted deposits (egress type) Arrow is a basement-hosted zone tend to have mining challenges due to (ingress type) which NexGen the mineralization is ‘perched’ within anticipates will not requir
Slide 12: Arrow Open in All Directions
12 Arrow Open in All Directions Current plan view of Arrow deposit. Currently consists of 5 vertical parallel shears; A1, A2, A3, A4 and A5 that trend along strike northeast-to-southwest. Currently drill testing to define boundaries at Arrow by aggressively stepping out along strike as well as infil
Slide 13: Arrow Plan View – Model Progression
13 Arrow Plan View – Model Progression Arrow – Drilling to End of 2015 Arrow – Drilling to End of 2016
Slide 14: Arrow Cross Section – Model Progression
14 Arrow Cross Section – Model Progression Arrow – Drilling to End of 2015 Arrow – Drilling to End of 2016
Slide 15: Unlocking New High Grade Zones
15 Unlocking New High Grade Zones Arrow’s maiden resource estimate does not include the 73,091 m of drilling at Arrow during 2016. Most strongly mineralized holes drilled at Arrow to date in AR-16-64c2, -63c2 and many others not included in resource. Winter 2017 drilling unlocking new high grade zon
Slide 16: Up-Dip Northeast Extension of A3
16 Up-Dip Northeast Extension of A3 Winter 2017 drilling has already intersected most intense mineralization encountered in A3 shear to date. Up-dip northeast extension of A3 represents large potential resource growth area. Infilling of A3 continues to confirm continuity as well as expand area of mi
Slide 17: Arrow and 180 m Southwest Area Connected
17 Arrow and 180 m Southwest Area Connected Hole AR-16-90c3 returned 13.5 m @ 8.09% U3O8 including 5.0 m @ 14.35% U3O8. Dense accumulations of semi-massive to massive pitchblende mineralization encountered here. Three holes recently drilled into previously untested ’gap’ confirms continuity of miner
Slide 18: Growth in the A1 Shear
18 Growth in the A1 Shear Hole AR-16-98c1 returned 21.0 m at 4.17% U3O8 including 5.0 m at 10.97% U3O8 in new high grade area of A1 shear. Since then, follow-up holes have confirmed high potential from this new high grade area. Most recent drilling confirms high grade nature of largely untested area
Slide 19: New Discovery: Harpoon
19 New Discovery: Harpoon On August 11, 2016 NexGen announced Harpoon Discovery 4.7km NE of Arrow and 1km NE of Bow. Most significant new discovery made in SW Athabasca Basin since Arrow in February 2014. HP-16-08 intersected 17m continuous mineralization including 4.5m of off-scale with massive to
Slide 20: 2017 Drilling Target Areas
20 2017 Drilling Target Areas Targeting high impact near Arrow prospective areas. Significant potential within kilometers of Arrow which remain largely untested. Focus to be on both growing and infilling Arrow, combined with efficiently drill testing high priority targets proximal to Arrow.
Slide 21: Timeline
21 Timeline 2016 H1/2017 H2/2017 Summer 2017 drill Drilled 96,996 m at Complete 35,000 m program Rook I in 2016 2017 winter drill --- --- program Continued advanced Metallurgical, --- environmental and engineering test work geotechnical, Release Updated --- hydrogeological Resource Estimate Updated
Slide 22: Local Prosperity Programs
22 Local Prosperity Programs
Slide 23: Responsible Development
23 Responsible Development NexGen is committed to building strong relationships with local Saskatchewan communities. Some of our programs include: • Camp Quest: Mining Rocks Earth Science Program. • La Loche grade 4 field trips. • Camp dog fostering program. • Student apprenticeship programs. • Stri
Slide 24: Site Infrastructure
24 Site Infrastructure
Slide 25: Access Road and Bridge
25 Access Road and Bridge
Slide 26: Kitchen, Office, Safety
26 Kitchen, Office, Safety
Slide 27: Contact Information
27 Contact Information For more information please visit: www.nexgenenergy.ca or contact: Travis McPherson – Corporate Development Manager Phone: +1.604.428.4112 Email: tmcpherson@nexgenenergy.ca
Slide 28: Appendices
28 Appendices
Slide 29: Capital Structure
29 Capital Structure Shares Issued 306,398,620 Fully Diluted 345,370,685 Cash ~C$70 million* Insider Ownership 5% Shareholders • CEF Holdings (Li Ka-shing) • 1832 Asset Management • Blackrock (UK) • Rosseau Asset Management • Segra Capital Management LLC • CQS Management Ltd. • Haywood Securities Wa
Slide 30: Management
30 Management Name Experience Leigh Curyer • Chartered Accountant with +20 years experience and ex-CFO of Southern CEO Cross Resources (now Uranium One) • Managed exploration, feasibility and permitting of Honeymoon Uranium Project in South Australia • Ex-Head Corporate Development at Accord Nuclear
Slide 31: Management (Continued)
31 Management (Continued) Grace Marosits • Chartered Accountant with public practice and corporate experience CFO including Deloitte, Westcoast Energy and Ballard Power Joanna Cameron • Lawyer with +20 years experience in exploration and mining VP Legal • Ex-partner Cassels Brock & Blackwell LLP
Slide 32: Board of Directors
32 Board of Directors Name Experience Christopher McFadden Lawyer with +20 years experience in exploration and mining (Chairman) Commercial General Manger for Rio Tinto Richard Patricio Lawyer with +15 years capital markets experience CEO and President of Mega Uranium Trevor J. Thiele Chartered Acco
Slide 33: Advisory Board
33 Advisory Board Charles Scorer +25 years commercial and operational experience in nuclear fuel market (Uranium Marketing) Founder and ex-CEO of Nufcor International Andrew Browne (Technical Uranium geologist with +43 years experience Advisory Head) Key member of exploration teams at Jabiluka and R
Slide 34: Why Uranium? Greenhouse Emissions
34 Why Uranium? 0 Greenhouse Emissions
Slide 35: Decarbonized World is a Nuclear World
35 Decarbonized World is a Nuclear World • Air pollution in China is the single biggest threat to every citizen. • Effects everyone including politicians and as a result China is aggressively building out nuclear capacity.
Slide 36: High Sovereign Risk in Uranium Sector
36 High Sovereign Risk in Uranium Sector • Nuclear utilities globally are depending heavily on high risk sovereign jurisdictions to procure nuclear feed. • Normalized market will see better diversified uranium sources from stable jurisdictions. • Saskatchewan ranked #2 globally for mining jurisdicti
Slide 37: High Technical Risk in Uranium Sector
37 High Technical Risk in Uranium Sector • In the strong jurisdictions, technical challenges due to the geological setting of the ore bodies creates low security of uranium supply for utilities. • Cigar Lake and McArthur River are both highly risky sources of uranium given the potential flooding tha
Slide 38: The Inevitable Supply Crunch
38 The Inevitable Supply Crunch • Demand is expected to outpace total uranium supply by 2018/2019 when nuclear utilities will have to either turn off reactors (challenging and expensive) or pay higher prices for nuclear feed. • The inevitable supply crunch is coming. World Nuclear Association, Raymo
Slide 39: End Notes
39 End Notes Technical Disclosure with higher grade samples being more dense than lower grade samples. Therefore, the uranium grade was used to estimate the density of each sample with a polynomial formula which is based on a regression fit. Densities were then interpolated into the block model to c
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