Strathmore Plus Uranium Corp. · CSE:SUU
Strathmore Plus Uranium — Investor Presentation (February 2024)
25 slides from Strathmore Plus Uranium's investor presentation, February 2024
Slide 1: Strathmore Uranium Corp. - Wyoming Based Uranium Explorer
TSX-V: SUU OTC: SUUFF Corporate Presentation February 2024 Strathmore Uranium Corp. Wyoming Based Uranium Explorer 1
Slide 2: Disclaimer
TSX-V: SUU OTC: SUUFF Disclaimer This presentation contains certain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “est
Slide 3: World Energy Crisis
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF World Energy Crisis -New York times -Bloomberg -Reuters -Forbes -CNN 33
Slide 4: Projection: COP28 - Nuclear to Triple by 2050
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Projection: COP28 - Nuclear to Triple by 2050 The U.S. and more than 20 other countries pledged to triple nuclear power by 2050 to achieve net-zero carbon emissions and limit climate change. *COP28 ‘23 436 IN OPERATION Demand for uranium is expected to rise
Slide 5: Nuclear policy and uranium demand drivers
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF • U.S. senate voted 96-3 to approve legislation that would strengthen domestic nuclear fuel production and ensure that disruptions in uranium supply will not impact the development of advance reactors or the operation of the USA's existing reactor fleet. •
Slide 6: Uranium Fuel Cycle
TSX-V: SUU OTC: SUUFF Uranium Fuel Cycle Source: Pennsylvania State University Radiation Science and Engineering Center (public domain) 66
Slide 7: Building Shareholder Value Since 1996
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Building Shareholder Value Since 1996 Strathmore Minerals Corp (SMC) Energy Fuels *$2M Mkt Cap to $457M (‘07) U.S. Assets *Acquires SMC and it’s US assets (‘13) *JV Sumitomo $50M Assets CDN Fission Energy Corp (‘07) Fission Uranium Corp (‘13) *(SMC Canadian
Slide 8: Award Winning Management Team
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Award Winning Management Team 88
Slide 9: Wyoming's New Small Modular Reactors (SMR)
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Wyoming’s New Small Modular Reactors (SMR) Power companies run by billionaire friends Bill Gates and Warren Buffett have chosen Wyoming to launch the first Natrium nuclear reactor project on the site of a retiring coal plant. The US department of energy pla
Slide 10: Wyoming: Leading Recent U.S. Uranium Production
TSX-V: SUU OTC: SUUFF Wyoming: Leading Recent U.S. Uranium Production 70+ Years of Mining 250m + Lbs. Mined Prolific Jurisdiction Wyoming is the 2nd largest historical producer of Uranium in the US. In 2018 it produced 78% of all U.S. Uranium. Politically friendly for uranium mining. Cost Drilling c
Slide 11: Wyoming Uranium Districts
TSX-V: SUU OTC: SUUFF Wyoming Uranium Districts Strathmore Plus holds strategic properties within the Shirley and Wind River Basins Area is readily accessible from the state highway with access to mining infrastructure 11
Slide 12: Strategic Location's In the Shirley Basin
TSX-V: SUU OTC: SUUFF Strategic Location's In the Shirley Basin Strathmore’s uranium properties lie beside past producing mines and current uranium developments ~52M lbs @ 0.22% Produced within the Shirley Basin district 12
Slide 13: Agate Project
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Agate Project • A potential in-situ recovery (ISR) project in the Shirley Basin uranium district of Wyoming, that lies to the south of Cameco's and boarders UEC's properties. • The property consists of 52 mining claims covering 1,075 acres. Kerr- McGee dril
Slide 14: 2023 Exploratory Drilling at Agate
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF 2023 Exploratory Drilling at Agate Drill Cuttings from 0-150 feet AG-16-23 79.0-100.0 ft Mud Rotary Drill Rig Exploring for Uranium Roll Front Deposits 21.0-0.085% = 1.79 GT 14
Slide 15: Summer 2023 Drilling Highlights
TSX-V: SUU OTC: SUUFF Summer 2023 Drilling Highlights AG-90-23, AG-10- 23, AG-47-23 and AG-48-23 intersected an AG-16-23 hits average eU3O8 of 0.089% eU3O8 over 0.077% 21 ft (6.4m) Average Grade Grade thickness of Thickness of 1.09 1.86 the highest of the summer program AG-67-23 hits 0.126% eU3O8 mi
Slide 16: Agate Mineralization
TSX-V: SUU OTC: SUUFF Agate Mineralization Strathmore hit uranium mineralization in 93% of holes during the summer 2023 drill program Mineralization remains open in all directions 16
Slide 17: Idealized Roll Front and the Agate Deposit
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Idealized Roll Front and the Agate Deposit The uranium mineralization is typical of the classic, Wyoming-type roll front deposit that was first described historically in the Shirley Basin district in the 1960s Mineralized holes with thicker, higher-grade in
Slide 18: Agate Project
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Agate Project David Talbot of Red Cloud Commented: “We continue to like what we see in the initial stages of drilling at Agate in the Shirley Basin. These holes are testing an area previously identified in up to 650 drill holes drilled by Kerr McGee in the
Slide 19: Beaver Rim
TSX-V: SUU OTC: SUUFF Beaver Rim 131 claims totaling 2,706 acres, strategically located in areas previously delineated by drilling as highly prospective for uranium Claim groups are adjacent to and south of Cameco's Gas Hills project that is fully permitted for in-situ recovery. Historical and recen
Slide 20: Night Owl
TSX-V: SUU OTC: SUUFF Night Owl A former producing Uranium mine in the Shirley Basin Uranium district of Wyoming. Night Owl was formerly mined by Night Owl Properties & Battle Axe Mining Co. producing 93 tons at a grade of 0.24% U3O8,which was mined at or near surface with just a backhoe in the late
Slide 21: UR-Energy Working Agreement
TSX-V: SUU OTC: SUUFF UR-Energy Working Agreement UR-Energy Working Agreement Strathmore Plus Uranium & UR-Energy signed a Confidentiality and Non- Disclosure agreement in April 2023. • Assess the feasibility of a negotiated business transaction for future processing of uranium from Strathmore’s Wyo
Slide 22: Exploration Schedule - 2024
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Exploration Schedule - 2024 2024- Exploration AGATE – Spring/Summer 2024 NIGHT OWL – Summer 2024 • Reclamation Bond: US$125,000 • Reclamation Bond: US$35,000 • Drilling Est: US $500,000 • 15-30 holes • 200 holes @ 30,000ft drilled • Drilling Est: US $25,000
Slide 23: Strathmore Plus Management Team
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Strathmore Plus Management Team Dev Randhawa, Terrence Osier, John DeJoia, Ryan Cheung, Chairman & CEO VP of Exploration Director CFO • Professional Geologist • Chairman & CEO of F3 • Professional Geologist • Provides accounting Uranium Corp. with 19 Years
Slide 24: Corporate Summary
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Corporate Summary As of February 2, 2024 EXECUTIVE MANAGEMENT & BOARD Dev Randhawa, MBA, Chairman, CEO, Director Cash: approx. C$2.1 million Terrence Osier, P. Geo. VP Exploration Market Cap: approx. C$25.7 million Ryan Cheung – CFO Shares outstanding: 45,1
Slide 25: Strathmore Plus Uranium Corp.
For further info,contact: Strathmore Plus Energy Corp. 1 888 882 8177 info@strathmoreplus.com Strathmore Plus Uranium Corp. TSX-V: SUU Wyoming Based Uranium Explorer OTC: SUUFF 25
Strathmore Plus Uranium — Investor Presentation (February 2024) on 6ix