Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Investor Presentation (November 2022)
22 slides from Purepoint Uranium's investor presentation, November 2022
Slide 1: A Compelling Exploration Advantage
A COMPELLING EXPLORATION ADVANTAGE Fully funded drill programs currently underway TSXV: PTU / OTCQB: PTUUF Q4 - 2022
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: The Uranium Landscape
THE URANIUM LANDSCAPE Uranium Price Cycle Fukushima U.S Production Shut Down Effectively halted Planned & Sustained Azelik Mine China Langer Heinrich Namibia Supply Reductions $80.00 Honeymoon Mine Rabbit Lake McArthur River $70.00 Australia Canada Canada Olympic Dam Australia Incentive Price Somair
Slide 4: The Uranium Landscape
THE URANIUM LANDSCAPE Uranium Price Cycle $80.00 $70.00 30% Annual Production/Demand Gap $60.00 23% $50.00 19% 19% $40.00 14% 15% 14% $30.00 10% 9% $20.00 7% $10.00 0% $0.00 2011 2013 2015 2017 2019 2021 TSXV: PTU | OTCQB: PTUUF 4
Slide 5: Compelling Exploration Upside
COMPELLING EXPLORATION UPSIDE Exploration discovery delivers the most dramatic inflection point in resource value Carefully Assembled Athabasca Basin Portfolio Actively advancing a deep pipeline of strategically situated, drill ready projects in the world’s richest uranium district The uranium indus
Slide 6: Deep Portfolio of Advanced Drill Ready Projects
DEEP PORTFOLIO OF ADVANCED DRILL READY PROJECTS 12 highly 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 of wel
Slide 7: Deep Portfolio of Advanced Drill Ready Projects
DEEP PORTFOLIO OF ADVANCED DRILL READY PROJECTS 12 highly prospective projects TSXV: PTU | OTCQB: PTUUF 7
Slide 8: Hook Lake JV
HOOK LAKE JV Cameco | Orano | Purepoint Joint Venture Breakdown Next Steps • Cameco: 39.5% • Orano: 39.5% • Drill program at the Carter Corridor • Purepoint: 21.0% • Joint Venture partners to set budget for upcoming winter drill program by Mid-November • As the operator, Purepoint earns a 10% 2022 m
Slide 9: Hook Lake JV
HOOK LAKE JV Cameco | Orano | Purepoint Purepoint’s Spitfire Discovery . • 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 • 2022 Resource Est. • I
Slide 10: Significant Learnings Clearwater Domain
Significant Learnings Clearwater Domain Sabre • Geological Setting • Rock Type Dragon Geological Survey of Canada* Hornet • Heat from Clearwater Domain mobilized oxygenated uranium • Mobilized uranium found long lived, reactivated faults • Uranium precipitation occurred as oxygen left the fluids * -
Slide 11: Significant Learnings Clearwater Domain
Significant Learnings Clearwater Domain • Geological Setting • Rock Type Geological Survey of Canada* • Heat from Clearwater Domain mobilized oxygenated uranium • Mobilized uranium found long lived, reactivated faults • Uranium precipitation occurred as oxygen left the fluids * - Potter, E.G., Tschi
Slide 12: Clearwater Domain
Carter Corridor Clearwater • 25km band of graphitic conductors Domain • Ideal Rock Type Carter Corridor • Extremely close to hydrothermal heat source (Clearwater Domain) • Complex, long-lived faulting pattern 2008 Purepoint Drilling • Predates any Patterson discoveries • Spikey radiation at 50 m ben
Slide 13: 100% Owned Red Willow Project
100% OWNED RED WILLOW PROJECT A host of ready targets Description Next Steps • 22 mineral claims for a total of • Fall 2022 drill program underway 40,116 hectares • 3,500m of drilling across 10 holes at • 100% owned the Osprey zone • 2022 winter drill program intersected uranium mineralization along
Slide 14: 100% Owned Red Willow
100% OWNED RED WILLOW ~10km SW of Orano’s JEB Mine & ~10km S of Cameco’s Eagle Point Mine Topping Island Golden Eye Zone CBA Zone Description: Osprey • 22 mineral claims having a total area Zone of 40,116 hectares • 100% Owned Geneva Lyon Lake Zone Zone • 2022 Drill Program: Dancing Lake Zones • Pri
Slide 15: Red Willow – Osprey Zone
RED WILLOW – OSPREY ZONE Expanding the discovery Priority follow up on last hole OSP22-15 which encountered numerous structures with hematite alteration and silicification Hole From Width Peak U3O8 1.5 km To (m) U (ppm) Number (m) (m) CPS (wt%) untested OSP22-04 70.4 71.2 0.8 8,830 95 0.01 conductor
Slide 16: 100% Owned Turnor Lake Project
100% OWNED TURNOR LAKE PROJECT Drilling to date has identified a large region of elevated uranium Description Next Steps • 9,706 hectares situated in the easter plane of the • Fall 2022 Drill Program at the Serin Athabasca Basin Conductor • 100% owned • Assessment held until August 2031 TSXV: PTU |
Slide 17: 100% Owned Turnor Lake Project
100% OWNED TURNOR LAKE PROJECT Drilling to date has identified a large region of elevated uranium IsoEnergy’s Hurricane Deposit 48.61MM lbs U3O8 @ 34.5% Purepoint IsoEnergy Denison ddh OD-1 0.06% U3O8 over 3.4 m La Roque Showing 29.9% U3O8 over 7.0 m Cameco Description: • 9,706 hectares situated in
Slide 18: Turnor Lake
TURNOR LAKE Serin Conductor to be drill tested Serin Conductor SEISMIC LINE SMDC 1985 Seismic survey interpreted a 150m fault at the Serin Conductor (setting similar to MacArthur River Deposit) TSXV: PTU | OTCQB: PTUUF 18
Slide 19: Capital Structure
CAPITAL STRUCTURE Fully funded for upcoming exploration schedule Share Price Change Since Dec 1, 2020 (5 Day Rolling Average) TSX Venture: PTU/ OTCQB: PTUUF Market Capitalization ($Cdn as of Nov 15, 2022) $25.8 mm 52 Week Range $0.13 - $0.06 Shares Outstanding 368.89 mm Options (@$0.09 weighted avg.
Slide 20: Highly Qualified Leadership Team
HIGHLY QUALIFIED LEADERSHIP TEAM With decades of experience in the Athabasca 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 • 20+ years of experience in GIS application, GIS growt
Slide 21: Compelling Exploration Upside
COMPELLING EXPLORATION UPSIDE Exploration discovery delivers the most dramatic inflection point in resource value Carefully Assembled Athabasca Basin Portfolio Actively advancing a deep pipeline of strategically situated, Fully Funded Drilling Programs Underway drill ready projects in the world’s ri
Slide 22: Chris Frostad, President & CEO
Chris Frostad, President & CEO cfrostad@purepoint.ca T: +1.416.603.8368 Jeanny So, Corporate Communications info@jeannyso.com T: +1.647.202.0994 www.purepoint.ca Twitter @PurepointU3O8 LinkedIn @Purepoint-Uranium YouTube @Purepoint Uranium
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