Myriad Uranium Corp · CSE:M
Myriad Uranium — Investor Presentation (February 2024)
25 slides from Myriad Uranium's investor presentation, February 2024
Slide 1: Advancing the Copper Mountain Uranium Project in Wyoming, USA
Advancing the Copper Mountain Uranium Project in Wyoming, USA February 2024 CSE: M OTC: MYRUF FRA: C3Q MYRIADURANIUM.COM 1 CSE:M | OTC:MYRUF | FRA: C3Q
Slide 2: Disclaimer
QUALIFIED PERSON DISCLAIMER George van der Walt (MSc. Economic Geology, Pr.Sci.Nat.), a “Qualified Person” for the purpose of National Instrument 43-101, has reviewed and approved the scientific and technical information included in this presentation (the “Documents”). He has not verified all of the sc
Slide 3: If you're looking to invest in uranium, Myriad stands out as a top-tier junior
- Neutron Energy (now part of enCore), Internal Report, 2010 If you’re looking to invest in uranium, Myriad stands out as a top-tier junior: ❏ Two excellent projects ❏ 46% insider-owned, low share count ❏ CEO is the 2nd-largest shareholder on NOBO and invests every round ❏ Top-3 global uranium tradi
Slide 4: Uranium
URANIUM One pound of uranium can produce the same Nuclear power releases less radiation into the amount of power as 20,000 pounds of coal. environment than any other major energy source. Stable baseload 10% global, 20% in U.S. Small footprint Zero carbon, COP28 3x Lowest mortality per terawatt of an
Slide 5: Wyoming Uranium Thesis
WYOMING URANIUM THESIS Exciting stage in the uranium cycle Uranium price is rising fast ($30 to over $100/lb in 18 months) Junior uranium equities will follow the majors upwards Last cycle, quality juniors like Myriad went parabolic U.S. consumes ~50,000,000 lbs of uranium per year but produces just
Slide 6: Uranium Juniors Represent a Unique Opportunity
URANIUM JUNIORS REPRESENT A UNIQUE OPPORTUNITY Strathmore, a previous owner of, inter alia, part of our Wyoming project area during the last cycle (2007), went from $2m TO $457m market cap This is the stage of the cycle to invest in quality uranium juniors. 2007: URANIUM PRICE WENT FROM $7 TO $135 /
Slide 7: Why Prices Are Rising
WHY PRICES ARE RISING Last time there was no supply deficit – there was a flood at a mine in Saskatchewan Now there is a massive structural supply deficit (Sprott forecasts $150/lb in 2024, with limited relief until NexGen’s Rook I produces in 2028) Post-Fukushima there have been no new mines and urani
Slide 8: Wyoming
WYOMING Wyoming is the historic and also current centre of uranium mining in the USA 3 of 4 current producing U.S. mines are in Wyoming Sen. John Barrasso (R-WY) is leading the charge to ban Russian uranium, increase US production, secure U.S. uranium independence Bipartisan support CSE: M | OTC: MY
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Slide 10: Copper Mountain, Wyoming, USA
COPPER MOUNTAIN, Wyoming, USA Copper Mountain Project CSE: M | OTC: MYRUF | FRA: C3Q 10
Slide 11: Myriad: High-Torque Potential
MYRIAD: HIGH-TORQUE POTENTIAL 2 company-making projects (1) Copper Mountain Uranium Project, Wyoming Union Pacific spent $78m (2023$) developing Copper Mountain in the 1970s. It has one of the larger (historical) resources in the state of Wyoming. Nearly mine-ready in 1980. Excellent “brownfield” expl
Slide 12: Copper Mountain Uranium
COPPER MOUNTAIN URANIUM It is the first time since 1982 that there is unified ownership of the entire project area. 75% earnable interest; path to 100% Union Pacific drilled 2,000+ boreholes, identified 6+ deposits, and was planning a mine centred on North Canning They estimated the potential of 2 of th
Slide 13: Vast paper-based data trove from the 1970s
We have obtained a vast paper-based data trove, mostly from the 1970s, which is enabling us to leverage Union Pacific’s extensive work. It is revealing drill results, resource estimates, deposit locations, and a large number of high grade targets at Copper Mountain. CSE: M | OTC: MYRUF | FRA: C3Q 13
Slide 14: Potential for Major Discoveries
POTENTIAL FOR MAJOR DISCOVERIES Copper Mountain has world class potential in the 50 ppm background in the granites “brownfield” exploration and expansion of the Copper “Modern” techniques could lead to new uranium discoveries. Mountain district. - Davis & Wilton Union Pacific in the 1970s was focused
Slide 15: Mining Potential
The Copper Mountain Project MINING POTENTIAL Union Pacific had planned a mine at Copper Mountain but aborted in 1980 as prices fell. Evaluated as a medium grade, very large volume deposit, with potential for open pit mining Potential for hub and spoke production from one or several open pit mines wit
Slide 16: Myriad Licenses in the Tim Mersoï Basin, Niger
Myriad Licenses in the Tim Mersoï Basin, Niger The Tim Mersoï Basin has one of the world’s largest uranium reserves, mostly occurring along the “Arlit Fault”. Myriad has 80% ownership of four licenses totaling 1800 km2 - Agebout, Afouday, Tagait 2 & Tagait 3 - are all along the Arlit Fault (see diag
Slide 17: Agebout Targets
Agebout Targets Numerous radiometric anomalies. 39 boreholes at ~800 m centres to shallow depths. Known major fault zones were not fully tested. Nevertheless 10 of those boreholes intersected mineralized intervals in excess of 100 ppm eU. Prime targeting locations indicated. 17
Slide 18: Appendix: Afouday Targets
APPENDIX: Afouday Targets 94 boreholes at ~800 m centres. Prime locations along Azouza not fully tested. No holes drilled to Dasa depths. 15 of 94 intersected in excess of 100 ppm eU U seems to increase with depth. 18 18
Slide 19: Going Forward
GOING FORWARD Leverage our proprietary historic data sets to add known deposits and high-grade areas (ongoing) Example: Knob Deposit, which historic data identifies as highly prospective Acquire and generate additional data based on new geological models Bring historic resources current, expand, and
Slide 20: Capital Structure
CAPITAL STRUCTURE Shares issued & Outstanding 34.2 M Options 5.1 M Warrants 11.9 M Fully diluted shares 51.2 M Myriad’s focus on minimal dilution has resulted in a very tight share structure No cheap stock 46% insider ownership Cap table includes a global top-3 uranium trading house Photo: Plant Vog
Slide 21: Leadership
LEADERSHIP Thomas Lamb George van der Nelson Lamb Daye Kaba Cyril Amadi Tom Lee CEO, Board Member, CFO Board Member Board Member Board Member Technical Committee Walt QP, Technical Committee Graduate of London Business CPA, CA, experienced in Partner at Asafo & Co., an 20 years of experience in the
Slide 22: Leadership
LEADERSHIP Fred Bonner David Miller Adamou Michael Cantey Ron Halas Jim Davis ISR Expert, Technical Technical Committee Technical Committee Board Member, Technical Committee Committee Ousemane Technical Committee Technical Committee A leader in environmental Professional economic geologist Commander
Slide 23: Property Option Details
The Copper Mountain Project PROPERTY OPTION DETAILS • Property Option Agreement signed by Myriad Uranium Corp. and Rush Rare Metals on October 18, 2023. • 75% earnable interest in 110 claims (1,911 acres and growing) in central Wyoming. • $1.5M spend within 2 years to earn 50%, $4M within 4 years to
Slide 24: Myriad Uranium Thesis
MYRIAD URANIUM THESIS 1. This is a high torque opportunity 2. Myriad has two excellent projects ○ Wyoming, with a very large resource of 15-30 Mlbs, target of 63.8 Mlbs, and big upside potential (estimates historical, non-43-101) ○ Niger projects on structure adjacent to Imouraren (380 Mlbs), Madaou
Slide 25: Thank You!
Thank You! Please follow us on social media and please reach out to me any time with questions or to learn more about our plans at Myriad Uranium. Thomas Lamb President and CEO Myriad Uranium Corp. #600-1090 W. Georgia St. @myriaduranium | @tdlamb Vancouver, BC V6E 3V7 +1 604 418 2877 @myriaduranium
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