Slide 1: Erongo Region, Namibia
ERONGO REGION, NAMIBIA TSXV: SKEL | OTC: GLIIF | FSE: KDM0 MAY 2026
Slide 2: Disclaimer
Skeleton Coast Uranium TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Disclaimer This presentation (“Presentation”) is being issued by Skeleton programs, future plans, and the future demand for certain respect of the Skeleton Coast Uranium EPLs as current and Coast Uranium Corp. (the “Company” or “Skeleton Coa
Slide 3: Namibia's Uranium Powerhouse
Skeleton Coast Namibia's Uranium Powerhouse 01 02 03 04 5 EPLs covering Experienced Discovery Capital Markets 610 km 2 Team & Partner Driven Strength Skeleton Coast Uranium holds 5 Skeleton Coast Uranium holds 70- Commited to undertake Skeleton Coast Uranium trades highly prospective licence 75% of
Slide 4: Namibia
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Namibia 3rd Largest Trekkopje Uranium Producer ORANO Rossing A long history of uranium mining - 45-years of CNNC uranium production and export. Namibia hosts 3 notable development stage Langer Heinrich uranium projects, all of which have large, PALADIN Recognised
Slide 5: Namibia: Stable & Mining Friendly
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Namibia 120 Year Mining History Stable & Mining Friendly Well established Mining is Namibia’s leading economic sector, Stable democracy, independent mining industry accounting for 10% of Namibia’s GDP. judiciary, diverse economy. Stable tax code and fair fiscal te
Slide 6: Namibia Uranium Production
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Namibia Uranium Rossing Uranium Mine Langer Heinrich Uranium Husab Uranium Mine Production Namibia Uranium Production – tonnes U 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Namibia hosts many proven Rossing CNUC 3083 2641 2289 2043 1
Slide 7: Global nuclear energy demand driven by the need for clean and reliable baseload power
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Significant incremental demand for nuclear energy: Global nuclear energy demand COP28 and COP29: 31 countries, including the US, Canada, the UK driven by the need for clean and France, pledged to triple nuclear power capacity by 2050. and reliable baseload power T
Slide 8: Disconnect between uranium demand and supply
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Disconnect between uranium demand and 39 39 supply North Russia America Largest uranium consuming countries (U.S., 103 Europe China and France) have minimal domestic supplies.1 European utilities currently source ~50% of 223 26 China their requirements from Kazakh
Slide 9: Erongo Region Namibia: 5 EPLs covering 610 km2
ERONGO REGION NAMIBIA 5 EPLs covering 610 km2 EPL 8617 EPL 9727 EPL 8208 EPL 9872 EPL 9873 Page 09
Slide 10: EPL 8617
Skeleton Coast EPL 8617 EPL 8617 comprises 10,492 hectares and shares the same geology and structure as Rossing. EPL 8617 lies just to the east of the Valencia deposit, and north of the Welwitschia uranium occurrence. The Valencia radiometric anomaly (Anomaly 26) is documented on the 1968 Geological
Slide 11: EPL 8617 historical drilling
Valencia Skeleton Rössing Coast Mine EPL 8617 Husab EPL 8617 Mine Historical percussion drilling immediately south and west of EPL 8617 showed paleochannel-type uranium mineralization in a historical inferred resource estimated to contain 35 million tonnes at an average of 120 ppm U3O8. Bannerman Th
Slide 12: EPL 9727 and EPL 8208
Skeleton Coast EPL 9727 EPL 9727 EPL 8208 EPL 9727, comprises 12,081 ha and EPL 8208, 7,841 ha. EPL 8208 EPL 9727 is located approx. 15 km east of the Husab Mine and 25 km southeast of the Rossing Mine. Langer Heinrich Mine Deposits on EPL 9727 are associated with both intrusive and surficial relate
Slide 13: EPL 8208
EPL 8208 geology, structure and drainages are promising for uraniuim mineralisation. EPL Rossing Skeleton Rössing 8208 lies between the Elspe Mine Mine Uranium deposit and the Langer Heinrich Mine. Coast Husab Mine Husab EPL 9727 Mine EPL 9727 EPL 8208 EPL 8208 adjoins the Langer Heinrich Bannerman
Slide 14: EPL 9727 and EPL 8208 geology and mineralization
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 EPL 9727 Geology and Mineralization - EPL 9727 and 8208 share the geology of world class uranium The Airborne Geophysical Radiometric Survey map suggests potential for uranium mineralization as EPL 8208 mines – Langer Heinrich and Husab mines, respectively. suppor
Slide 15: EPL 9872 and EPL 9873
Skeleton Coast EPL 9872 EPL 9873 EPL 9872, 11078 hectares and EPL 9873, 19482 hectares, share the same geology and structure as Rossing. EPL 9872 has a uranium intrusive outcrop on the EPL area. EPL 9872 lies 15km north of the Langer Heinrich mine, shares similar drainages and calcrete formations, w
Slide 16: EPL 9872 and 9873 near Langer Heinrich
Rossing Skeleton Mine Coast Husab Husab Mine EPL 9873 Mine EPL 9872 EPL 9872 EPL 9873 EPL 9727 The Langer Heinrich Mine is a Bannerman Bannerman large open pit uranium mine located in the western part of Namibia in the Erongo Region. EPL 8208 The Langer Heinrich Mine is Langer Heinrich represents on
Slide 17: Exploration Program
Exploration Program The Company has designed a multi-phase exploration Geochem and/or radon cup surveys depending on program for 2026 going into 2027 for each of the 5 soil/ground conditions of all historical targets, as well as Project Areas which includes activities that will be a number of new ta
Slide 18: Leadership
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Leadership Nathan Chutas, PhD, CPG Scott Davis Allan Glowach Gord Friesen Robert Weicker CEO and Director CFO and Director Director Director Advisor Nathan Chutas is a professional Mr. Davis is a partner of Cross Mr. Gowach has been a consultant Mr. Friesen has ov
Slide 19: Capital Structure
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 Capital Structure Total Shares Outstanding 1 47,640,184 Stock Options Strike price $0.65, expiring June 5, 2026 600,000 Strike price $0.40, expiring April 13, 2031 4,000,000 Total Stock Options 4,600,000 Warrants strike price $0.20, expiring April 13, 2028 19,542,
Slide 20: Skeleton Coast Uranium Highlights
TSXV: SKEL | OTC: GLIIF | FSE: KDM0 FAST-TRACKING PROJECT DEVELOPMENT Skeleton Coast We plan to carry out an aggressive exploration strategy that prioritizes Uranium rapid and high-reward methods to identify, define, and develop new, high-grade resources. HIGHLIGHTS This involves accelerated drillin
Slide 21: Contact
CONTACT Suite 250 -750 West Pender St. Vancouver, British Columbia Canada, V6C 2T7 T 236-334-1660 W www.skeletoncoasturanium.com E info@skeletoncoasturanium.com TSXV: SKEL | OTC: GLIIF | FSE: KDM0