Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Investor Presentation (October 2021)
32 slides from Purepoint Uranium's investor presentation, October 2021
Slide 1: Corporate Introduction
Corporate Introduction TSXV: PTU/ OTCQB: PTUUF www.purepoint.ca www.purepoint.ca Q4 - 2021
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Disclaimer The general information set out in this presentation regarding the uranium market, including but not limited to, the demand and supply of uranium, historical events that affected uranium pricing, the global state of the uranium market and other related informati
Slide 3: Why Purepoint?
About Purepoint Why Purepoint? To Date Now Our Partners • Hook Lake project in the • One of the most advanced Athabasca Basin’s Patterson portfolios of 100%-owned Uranium District projects in the Athabasca Basin • High-Grade Discoveries already made on trend with • A pipeline of advanced this centur
Slide 4: Equities Anticipate a U Price Correction
About Purepoint Equities Anticipate a U Price Correction % Price Change Since 2018 SLU3O8 Equity Index Sprott ETF U3O8 Spot Price U3O8 LT Price PRODUCERS DEVELOPERS EXPLORERS 200 Cameco Corp Anfield Energy Inc Azarga Uranium Corp Denison Mines Corp Berkeley Energia Ltd Bannerman Resources Energy Fue
Slide 5: Capital Structure
About Purepoint Capital Structure Deliberately Positioned for Uranium’s Revival TSX Venture: PTU/ OTCQB: PTUUF Market Capitalization (as of September 14, 2021) $51.89mm 52 Week Range $0.195 - $0.035 Shares Outstanding 324.45 mm Options (@$0.08 weighted avg.) 22.21 mm Warrants (@$0.10 weighted avg.)
Slide 6: Highly Qualified Leadership Team
About Purepoint Highly Qualified Leadership Team With Decades of Experience in the Basin Chris Frostad, BBA, CA, CPA - President & CEO and Director Linda Tong, GIS Specialist • 35+ years of experience in the development and building a variety of high growth, • 20+ years of experience in GIS applicat
Slide 7: Established Pipeline of Uranium Projects
About Purepoint Established Pipeline of Uranium Projects Covering all stages of the exploration cycle Outside its flagship Hook Lake Project, driling to date on Smart Lake, Red Willow and Turnor Lake projects have all resulted in the identification of uranium mineralization and related exploration i
Slide 8: Aggressive Exploration Work Underway
About Purepoint Aggressive Exploration Work Underway Exploration Pipeline High Level Plan subject to change on availability of service providers , pending permit applications and seasonal weather conditions Projects May-21 June-21 July-21 Aug-21 Sept-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar- 22 Hoo
Slide 9: A "Major" Exploration Project
Hook Lake & The Patterson A “Major” Exploration Project Corridor The Patterson Corridor is home to the largest uranium discoveries of this century, worldwide – NexGen’s Arrow Deposit & Fission’s Triple R Deposit Hook Lake JV & the The priority exploration project of two of the world’s Patterson Corr
Slide 10: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor Purepoint’s Spitfire Deposit . • Resource not defined • Results include 10.3% U3O8 over 10.0 metres . . NexGen’s Arrow Deposit • 2018 PFS . • Indicated Resource • 256,600,000 lbs U3O8 • Avg Grade 4.03% U3O8 Fission’s Triple R Deposit • 2019 PFS • Indicated Resource
Slide 11: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor “W”-Conductor North Priority Targets Sabre Target Area Carter Conductor • Sabre Target Area Current Year Drill Program • W Conductor – Far North “U” Conductor • U Conductor • SE Conductor • Carter Conductor SE Conductor www.purepoint.ca 11
Slide 12: Smart Lake
Smart Lake Smart Lake JV with Cameco In Partnership with Cameco Description: • 9,860 hectares situated in the southwestern portion of the Athabasca Basin • Joint Venture: • Purepoint – 27% • Cameco – 73% • Only one first pass drill program to date (by Purepoint) • Mineralization identified in first
Slide 13: Smart Lake
Smart Lake Smart Lake JV with Cameco In Partnership with Cameco Description: • Staked originally by Cameco due to its direct geological connection to the Shea Creek Deposits to the Max. grade of 58.3% U3O8 over 3.5m north • Smart Lake conductors seen as an extension of the Saskatoon Lake conductor s
Slide 14: Deep Portfolio of Advanced and Highly Prospective Projects
Athabasca Basin Deep Portfolio of Advanced and Highly Portfolio Prospective Projects Since 2002, Purepoint has acquired and explored over 500,000 hectares of property across the Athabasca Basin, quickly and efficiently releasing those demonstrating the fewest prospects. What remains is a collection
Slide 15: Portfolio of Projects in the Athabasca Basin
Athabasca Basin Portfolio of Projects in the Athabasca Basin Portfolio 182,261 hectares covering all stages of the exploration cycle Umfreville 18,273 ha Turnor Lake 9,705 ha Carson Lake 4,972 ha Red Willow 40,116 ha Henday 1,029 ha Russel South 13,320 ha Smart Lake 9,800 ha Tabbernor Block • JebRav
Slide 16: Red Willow
Red Willow Red Willow 100% owned A host of ready targets Denison RL13-16 0.45% U3O8 over 2.3 m AJ Showing 0.45% U3O8 over 2.3 m FDL Showing Description: Up to 1.43% U3O8 • 22 mineral claims having a total area of Turkey Showing 0.07% U3O8 over 4.9 m 40,116 hectares Sphinx Showing 0.73% Cu over 4.5 m
Slide 17: Red Willow
Red Willow Red Willow 100% owned A host of ready targets Topping Island Golden Eye Zone CBA Zone Description: • 22 mineral claims having a total area of Osprey Zone 40,116 hectares • 100% Owned Geneva Lyon Lake Zone • Current Drill Program: Zone • Priority targets • Osprey Zone (hinge) Dancing Lake
Slide 18: Osprey Zone
Red Willow Osprey Zone 100% owned Following up Multiple Targets Mineralized Lens • up to 0.20% eU3O8 over 5.8 metres • shallow (70 metres depth) flat-lying tensional fracture. 2 Uranium in Soil Anomalies Next Steps • Osprey North Conductor • Hinge Fault at soil Anomaly • Deep holes at mineralized le
Slide 19: Osprey Zone
Red Willow Osprey Zone 100% owned Following up Multiple Targets www.purepoint.ca 19
Slide 20: Geneva Zone
Red Willow Geneva Zone 100% owned Numerous uranium instances Extensive geophysics/geochemistry: • Airborne VTEM • Pole-dipole array IP outlining low apparent resistivity “chimneys” (LARCs) in the sandstone that coincided with the termination of two to correspond • Gravity survey • Geochem soil sampl
Slide 21: Geneva Zone
Red Willow Geneva Zone 100% owned Numerous uranium instances 2021 drill program: • Followed up on shallow uranium mineralization associated with the Geneva conductor with hole RD 08 returning 0.68% U3O8 over 0.3 metres • Radioactivity and associated graphitic shear were intersected again in hole RD-
Slide 22: Umfreville
Umfreville Umfreville 100% owned First pass drilling www.purepoint.ca 22
Slide 23: Umfreville
Umfreville Umfreville 100% owned First pass drilling Edge of the Athabasca Basin Historic drill holes 1980 SMDC • 3 holes • Testing resistivity lows • Radiometric spikes www.purepoint.ca 23
Slide 24: Umfreville
Umfreville Umfreville 100% owned First pass drilling Structural complexity: • Fond du Lac Fault ü Splits within magnetic low ü Numerous cross cutting faults • Soil Sample Survey ü High level uranium anomalies at split • Gravity Survey ü Anomaly coincident with transition from a gravity high www.pure
Slide 25: Umfreville
Umfreville Umfreville 100% owned First pass drilling Hole ID From (m) To (m) Interval (m) U (ppm) U3O8 (%) UMF21-01 239.1 256.5 17.4 36 0.004 Umfreville 273.4 276.5 3.1 107 0.013 Including 273.8 274.6 0.8 304 0.036 299.0 300.9 1.9 20 0.002 www.purepoint.ca 25
Slide 26: Umfreville
Umfreville Umfreville 100% owned First pass drilling www.purepoint.ca 26
Slide 27: Henday
Henday Henday 100% owned First pass drilling www.purepoint.ca 27
Slide 28: Henday
Henday Henday 100% owned Untested Target Among Numerous Discoveries Description: • During 2010, Purepoint conducted an airborne magnetic and electromagnetic survey and completed an initial interpretation. • Electromagnetic conductors are on trend with an interpreted East-West alteration corridor whi
Slide 29: Turnor Lake
Turnor Lake Turnor Lake 100% owned Drilling to date has identified a large region of elevated uranium ISO Energy’s Hurricane Zone 33.9% U3O8 over 8.5 m Purepoint IsoEnergy Denison ddh OD-1 0.06% U3O8 over 3.4 m Description: La Roque Showing • 9,706 hectares situated in the 33.9% U3O8 over 5.5 m east
Slide 30: Turnor Lake
Turnor Lake Turnor Lake 100% owned Drilling to date has identified a large region of elevated uranium Serin Conductor SEISMIC LINE SMDC 1985 Seismic survey interpreted a 150m thrust fault At the Serin Conductor (setting similar to MacArthur River Deposit) www.purepoint.ca 30
Slide 31: Deliberately Positioned for Uranium Revival
Summary Deliberately Positioned for Uranium Revival • A deep history of operating in the Athabasca Basin • An unparalleled pipeline of uranium projects • A fully funded and aggressive exploration schedule underway Purepoint can demonstrate superior potential for new discoveries as we enter a new pha
Slide 32: Contact
Contact www.purepoint.ca Chris Frostad, President & CEO Twitter @PurepointU3O8 E: cfrostad@purepoint.ca T: +1.416.603.8368 LinkedIn @Purepoint-Uranium Jeanny So, Corporate Communications info@jeannyso.com T: +1.647.202.0994 YouTube @Purepoint Uranium www.purepoint.ca 32
Purepoint Uranium Group — Investor Presentation (October 2021) on 6ix