Azincourt Energy Corp · TSXV:AAZ

Azincourt Energy — Investor Presentation (January 2025)

19 slides from Azincourt Energy's investor presentation, Jan 17, 2025

  1. Slide 1: Advanced Uranium Exploration & Development in Canada's Central Mineral Belt and Athabasca Basin

    ADVANCED URANIUM EXPLORATION & DEVELOPMENT IN CANADA’S CENTRAL MINERAL BELT AND ATHABASCA BASIN TSX.V: AAZ OTC: AZURF FSE: A0U2

  2. Slide 2: Disclaimer & Forward-Looking Statement

    DISCLAIM ER & FORWARD-LOOKING STATEMENT This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Azincourt Energy Corp nor shall it or any part of it form the basis of or be relied on in connection with or act as

  3. Slide 3: Azincourt Energy – Strategic Uranium Exploration in Canada

    AZINC OU RT E NERGY – STRATEGIC URANIU M E XP LORATION IN C ANADA ▪ Azincourt Energy specializes in the strategic acquisition, exploration, and ▪ Canada, as development of clean energy/fuel projects. Our focus is on advanced but the world’s under-explored uranium projects with significant upside pot

  4. Slide 4: Leadership Team

    LE ADE RSH IP TEAM Alex Klenman C. Trevor Perkins, P.Geo Paul Reynolds, P.Geo John Fraser President, CEO & Director VP of Exploration Director Director ▪ Experienced junior mining ▪ Geologist with 25+ years ▪ Geoscientist with 30+ years ▪ 20+ years experience in the executive with 30+ years in explo

  5. Slide 5: The Uranium Supply Gap

    THE URANIUM SUPPL Y GA P ▪ Global energy demand is Fig 1 ▪ After the Declaration to Triple Nuclear Energy was formed at COP28 and increasing rapidly, driven joined by 31 nations including the US, Canada and the UK, the number of by population growth, the global nuclear reactors is set to double 2. e

  6. Slide 6: Project Portfolio

    Snegamook Uranium Project – Central Mineral Belt, East Preston Uranium Project – Athabasca Basin, Newfoundland and Labrador, Canada Saskatchewan, Canada ▪ Azincourt Energy has entered an agreement to acquire a ▪ Azincourt controls the majority interest (~87%) in the 20,674-ha 100% interest in the Sn

  7. Slide 7: The Snegamook Project: Jurisdiction – Central Mineral Belt, NL

    THE SNEG AMOOK PROJE CT: JURISDIC TION – CE NTRAL MINE RAL BE LT, NL ▪ Tier 1, World-Class District: The Central Mineral Belt in Canada’s Newfoundland & Labrador province is a 260km X 75km belt of proven mineral occurrences SNEGAMOOK PROJECT containing multiple large-scale uranium deposits, includin

  8. Slide 8: The Snegamook Project – Overview

    THE SNEG AMOOK PROJECT – OVERVIEW THE SNEGAMO OK PRO JECT – OVERVIEW Advanced Project containing proven uranium mineralization with potential for new discoveries ▪ Option to acquire by Azincourt announced in October 2024. ▪ Proximal to several large-scale advanced exploration projects including Mich

  9. Slide 9: The Snegamook Project – Geology of Uranium Mineralization

    THE SNEG AMOOK PROJECT – GEOLOGY OF URANIUM MINERALIZATION THE SNEGAMO OK PRO JECT – OVERVIEW ▪ Four mineralized uranium lenses were discovered ▪ Zones appear to be disrupted to the south ▪ Two drill holes (SN-08-18 and SN-08-20) tested a radon at Snegamook in 2008. The lenses shallow dipping and do

  10. Slide 10: The Snegamook Project – Summary of Previous Exploration

    THE SNEG AMOOK PROJECT – SUM MARY OF PREVIOUS EXPLORATION THE SNEGAMO OK PRO JECT – OVERVIEW ▪ Silver Spruce Resources conducted airborne radiometric and magnetic surveys, follow-up prospecting, lake sediment and soil sampling, radon gas surveys, geological mapping, trenching, and diamond drilling a

  11. Slide 11: The Snegamook Project – Exploration Plan

    THE SNEG AMOOK PROJECT – EXPLORATION PLA N THE SNEGAMO OK PRO JECT – OVERVIEW ▪ No exploration work has been conducted at the Snegamook Zone since 2008. ▪ Azincourt is planning an initial drill campaign in order to verify and expand historical mineralization. ▪ The Company is currently in the proces

  12. Slide 12: East Preston Project: Jurisdiction – Athabasca Basin, SK

    E AST PRE STON PROJ EC T: J URISDICTION – ATH ABASCA BASIN, SK THE SNEGAMO OK PRO JECT – OVERVIEW ▪ World-Class District: The largest, highest grade, uranium deposits in the world with up to 100 times world average ▪ Production History: Uranium mining and production for 40+ years ▪ Stable Political

  13. Slide 13: East Preston Project – Overview

    E AST PRE STON PROJ EC T – OVE RVIEW THE SNEGAMO OK PRO JECT – OVERVIEW Highly prospective grassroots uranium Western Athabasca: Area Market Caps exploration project. Azincourt has conducted significant exploration work: ▪ NexGen Energy - $5.3B CDN ▪ Orano (Areva) - $1.99B USD** ▪ Airborne Geophysic

  14. Slide 14: East Preston Project – Summary of Early Drilling

    E AST PRE STON PROJ EC T – SUM MARY OF E ARLY DRILLING THE SNEGAMO OK PRO JECT – OVERVIEW Limited drilling (2014-2021) ▪ 5,743 m completed in 24 drill holes during several small programs over an eight-year period ▪ Limited drilling confirmed: ▪ Elevated uranium ▪ Favorable basement lithologies and g

  15. Slide 15: East Preston Project – 2022 and 2023 Drill Programs

    E AST PRE STON PROJ EC T – 2022 an d 2023 DRILL PROGRAM S THE SNEGAMO OK PRO JECT – OVERVIEW ▪ 8,070 m completed in 32 drill holes: ▪ Hydrothermal clay alteration identified in K- and H-Zone. ▪ K-Zone: Extensive dravite, illite and kaolinite clay alteration confirmed, alteration zone extends to a 15

  16. Slide 16: East Preston Project – 2024 Winter Drill Program

    E AST PRE STON PROJ EC T – 2024 WINTE R DRILL PROGRAM THE SNEGAMO OK PRO JECT – OVERVIEW ▪ 1,086m completed in four drill holes: ▪ K-Zone: Anomalous uranium enrichment and clay alteration confirmed and expanded. ▪ H-Zone: Alteration halo now extends to 3 km strike length. ▪ Regional Illite clay anom

  17. Slide 17: Significance of Alteration

    A D V A N C E D U R A N I U M EAS T PRES TON E X P L O R A T T I O N PROJECT Significance of & Alteration D E V E L O P M E N T I N C A N A D A 17 A zi nc ou rt E ner gy | T SXV : AA Z OT CQB : A ZURF | F SE : A 0U2 | A DVANCED URANIUM E XP LORAT IO N & DE VEL OPME NT IN CANADA | azincourtenergy.com

  18. Slide 18: Capital Structure

    CAP ITAL STRU CTU RE THE SNEGAMO OK PRO JECT – OVERVIEW A D V A N C E D Capitalization Table Major Shareholder Ownership U R A N I U M Common Shares 374,328,104 Warrants 175,193,817 E X P L O R A T T I O N Options 11,060,000 30% 50% Institutional RSUs 17,500,000 Retail Fully Diluted 578,081,921 & D

  19. Slide 19: Contact: Suite 1430 – 800 West Pender Street

    Suite 1430 – 800 West Pender Street Vancouver, B.C. V6C 2V6 Corporate Communications Danica Topolewski (604) 638-8063 info@azincourtenergy.com azincourtenergy.com azincourtaaz azincourtenergy TSX.V: AAZ OTC: AZURF FSE: A0U2

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