Cosa Resources Corp. · TSXV:COSA
Cosa Resources — Investor Presentation (May 2024)
26 slides from Cosa Resources's investor presentation, May 2024
Slide 1: A Track Record of Uranium Discoveries in the Athabasca Basin
A Track Record of Uranium Discoveries in the Athabasca Basin TSXV: COSA OTCQB: COSAF FSE: SSKU May 2024 TSXV: COSA | cosaresources.ca 1
Slide 2: Disclaimer
Disclaimer Information Contained In This Presentation required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking This presentation is a summary description of
Slide 3: About Cosa Resources: Investment Highlights
About Cosa Resources Investment Highlights Transformational Acquisitions Exploring Through a New Lens of Athabasca Basin exploration ground, Past work has only explored a fraction of pivoting Cosa into a premier uranium the >200,000 ha land portfolio in well- explorer developed eastern Athabasca Bas
Slide 4: Relevant Uranium Experience
Relevant Uranium Experience Market Cap Market Cap Market Cap >$5B >$800M >$2.2B Proven track record of creating value in the Uranium sector and the Athabasca Basin TSXV: COSA | cosaresources.ca 4
Slide 5: Board of Directors and Advisors
Board of Directors and Advisors Steve Blower – Chairman Keith Bodnarchuk – President & Chief Executive Officer, Director • A geologist with 30+ years of experience in the minerals industry • Professional Geologist with 15+ years in exploration, mining and capital markets • Co-recipient of the AME 20
Slide 6: Management
Management Keith Bodnarchuk – President & Chief Executive Officer, Director Andy Carmichael – Vice President of Exploration • Professional Geoscientist with 19+ years of experience in exploration/mining and • Professional Geoscientist with 15+ years in exploration, mining and capital markets capital
Slide 7: Athabasca Basin Projects
Athabasca Basin Projects • Projects 100% owned by Cosa Resources • Total land package >200,000ha located in the Athabasca Basin Region, the heart of the Canadian uranium mining sector • Cosa continues to add new projects and thousands of explorable hectares through staking and cost-effective acquisi
Slide 8: Eastern Athabasca Uranium Corridors
Eastern Athabasca Uranium Corridors • Cosa’s Core eastern Athabasca projects are strategically located within or peripheral to prospective, northeast-trending uranium corridors • These corridors host some of the largest and highest-grade uranium deposits ever discovered including Cameco’s McArthur R
Slide 9: Ursa
Ursa • Covers >60 km strike length of the Cable Bay Shear Zone, a structural corridor with known mineralization which is significantly underexplored • Over 100 km of conductive strike length defined by 2023 MMT survey • 10 High Priority Target Areas defined by sandstone hosted conductivity anomalies
Slide 10: 2024 Exploration Plans
2024 Exploration Plans • Completed winter drilling at Ursa • Target generation programs at Orion, Aurora, and others • Expanded drill program at Ursa (summer) • Continue to strengthen project pipeline TSXV: COSA | cosaresources.ca 10
Slide 11: Winter Drill Program
Winter Drill Program • Historical boulder sampling indicates coincident illite, uranium, pathfinder anomalies down-ice of Kodiak • Completed 3,438 metres in three drill holes at the Kodiak target area • Drill hole UR24-03 intersected structure, alteration, and minor sulphide mineralization several h
Slide 12: Winter Drill Program
Winter Drill Program • Broad zone of sandstone alteration including dravitic clays, drusy quartz, and hydrothermal hematite intersected in UR24-03 • Observed alteration is like that at other Athabasca uranium deposits including Shea Creek, McArthur River, and Key Lake • Generation of a follow-up dri
Slide 13: Winter Drill Program
Winter Drill Program • Pervasive bleaching of medial sandstone with sulphide mineralization on open fracture in UR24-03 TSXV: COSA | cosaresources.ca 13
Slide 14: Winter Drill Program
Winter Drill Program • Massive dravite alteration within sandstone faults and breccia TSXV: COSA | cosaresources.ca 14
Slide 15: Orion
Orion • Covers an interpreted extension of Larocque uranium corridor and a splay off the Cable Bay Shear Zone. • Captures the intersection of the Cigar Lake and Larocque Lake trends • 2023 survey identified a km scale sandstone conductivity anomaly that overlies structurally complex basement • Histo
Slide 16: Aurora
Aurora • 16km east of Cameco’s Key Like Mill and historical Key Lake Mine (209.8 million pounds at an average grade of 2.3% U3O8 • Corridor recently upgrade by the GMZ discovery • Historical drill logs note metre scale zones of basement hosted structure and alteration in multiple areas • Highly unde
Slide 17: Astro
Astro • 28km west of Cameco’s McArthur River • Covers a series of subparallel, northwest trending magnetic lows similar to those which host the Shea Creek deposits • 2023 MMT survey confirmed conductive trends continue from Ursa to the western portion of Astro. Historical surveying has defined over
Slide 18: Helios
Helios • Strategically located along the Grease River Shear Zone – a major structural zone • Targets include the southern extension of a conductive trend with weak uranium mineralization and over 15km of the Grease River Shear Zone • Despite containing electromagnetic conductors, a major structural
Slide 19: Orbit
Orbit • 22km south of the Key Lake Mill and historical Mine • Captures 4km of inferred strike extension of a prospective, reactivated graphitic structural trend • Weak mineralization intersected to the southwest – 0.07% U3O8 over 0.2m within strongly altered graphitic faulting • Efficient drill test
Slide 20: Cosmo
Cosmo • Acquired January 2024 via low-cost staking • Captures over 18 kilometres of prospective magnetic low strike and the potential intersection of multiple mineralized trends • Prior to the discovery of Hurricane, historical sentiment towards the Mudjatik domain left Cosmo virtually unexplored by
Slide 21: Capital Structure
Capital Structure Shareholder Base 23% Management & Advisors 46% Funds & Strategic COSA | 1 Year Chart Investors Retail 31% Share Structure (April 2024) Shares Outstanding 56,496,695 Warrants 12,233,872 Options 4,365,000 Shares Fully Diluted (M) 72,645,567 Cash (C$M) $8.1 As of April 25, 2024 TSXV:
Slide 22: Uranium Fundamentals
Uranium Fundamentals • Nuclear energy produces the least CO2 equivalent emissions versus other forms of energy creating a compelling opportunity to combat climate Clean, Efficient, and change Scalable Energy • Nuclear energy can offer carbon-free energy to both the world largest cities and remote co
Slide 23: Main Takeaways
Main Takeaways Cosa is operated by an award-winning best-in-class exploration team with support from the Team industry leader in value accretive acquisitions and market following. A large 100% owned land package of >200,000 ha of well-located and underexplored Projects uranium projects offers a stea
Slide 24: Website: cosaresources.ca Contact: info@cosaresources.ca
Website: cosaresources.ca Contact: info@cosaresources.ca +1 888.899.2672 (COSA) TSXV: COSA OTCQB: COSAF FSE: SSKU May 2024 TSXV: COSA | cosaresources.ca 24
Slide 25: Appendix: Inventa Capital Backed Team
Appendix Inventa Capital Backed Team Brings Strong Track Record and Access to Capital >$700M in Capital Raised since 2017 TSXV: COSA | cosaresources.ca 25
Slide 26: Appendix: Charcoal and Castor
Appendix Charcoal and Castor • 100% owned by Cosa • 55 km northeast of Cameco’s Eagle Point Mine • Prominent magnetic low anomalies that extend northeast from, or are parallel to, those that host the Eagle Point Mine • No sandstone cover - efficient exploration targeting basement hosted uranium syst