F3 Uranium Corp · TSXV:FUU
F3 Uranium — Investor Presentation (March 2024)
27 slides from F3 Uranium's investor presentation, Mar 6, 2024
Slide 1: 2024 Investor Presentation
2024 INVESTOR PRESENTATION F3URANIUM.COM Click to edit Master title style TSX-V : FUU | OTCQB: FUUFF | FSE:2F3A
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”,
Slide 3: F3 Highlights
F3 Highlights • Nov 21, ‘22 High Grade Discovery Hole PLN22-035 (15.0m @ 7% U3O8 including 5.5m @ 18.6%) 473 Click to edit Master title style • Mar 27, ‘23 High Grade Intercept Hole PLN23-060 (14.5m @ 9.4% U3O8 including 5.0m @ 26.7%) / • Winter Drilling Underway • 1 Drill Expanding and Infilling JR
Slide 4: F4 Spin Out
F4 Spin Out Transaction Highlights - One F4 Share for every 10 common shares of F3 held. After the completion of the arrangement, the Company intends to list the shares of F4 on the TSX Venture Exchange • Unlock Value for F3 Shareholders – F4 will surface value in F3’s extensive portfolio of Athabas
Slide 5: $15 Million Strategic Investment
$15 Million Strategic Investment Denison Mines announces a $15 million investment with F3 in the form of a convertible debenture. The Debentures will carry a 9% coupon (the "Interest"), payable quarterly over a 5-year term and will be convertible at Denison's option into common shares of F3 at a con
Slide 6: COP28 - Nuclear to Triple by 2050
Projection COP28 - Nuclear to Triple by 2050 The U.S. and more than 20 other countries pledged to triple nuclear power by 2050 to achieve net-zero carbon emissions and limit climate change. *COP28 ‘23 II 436 IN OPERATION Click to edit Master title style RUSSIA: 46 62 EUROPE: 7 CHINA: 221 USA:23 SAUD
Slide 7: Nuclear Power Demand Continues to Increase
Rising Demand Nuclear Power Demand Continues to Increase • Morgan Stanley’s Commodity Research has named URANIUM as the 473 Click to edit Master title style #1 investment for the next 12 months. Source: mining.com August 15, 2022, https://www.mining.com/uranium-tops-morgan-stanleys-commodity-thermom
Slide 8: Small Modular Reactors (SMR's)
Small Modular Reactors (SMR’s) • SMRs will offer advantages such as small physical footprints, reduced capital investment, ability to be sited in locations not possible for larger nuclear plants, and provisions for incremental power additions. • Rolls-Royce has been backed by a consortium of private
Slide 9: Building Shareholder Value Since 1996
Building Shareholder Value Since 1996 Strathmore Minerals Corp (SMC) Energy Fuels *$2M Mkt Cap to $457M (‘07) US Assets *Acquires SMC and it’s US assets (‘13) * JV Sumitomo $50M CDN Assets Fission Energy Corp (‘07) *(Strathmore Canadian Assets) *JV KEPCO (Korea) $44M Fission Uranium Corp (‘13) *J-Zo
Slide 10: Highest Grade Uranium in the World
Athabasca Basin Highest Grade Uranium in the World Top 5 Global Producers +60 years of mining with the world’s highest uranium grades. Click to edit Master title style 2.5 13.2% Of the world’s uranium 2 % U3O8 1.5 –– JURISDICTION 1 Saskatchewan was ranked as the #2 jurisdiction in the world for mini
Slide 11: Award Winning Team with a Track Record of Uranium Discoveries
Award Winning Team with a Track Record of Uranium Discoveries F3 has the team responsible for 3 major uranium discoveries in the Athabasca Basin. The J Zone at Waterbury (unconformity model), Fission Uranium’s Triple R at PLS (basement hosted model), and most recently the JR Zone at PLN. This award-
Slide 12: Key Signatures of High-Grade Athabasca Uranium
Analysis Key Signatures of High-Grade Athabasca Uranium ATTRIBUTES OF ATHABASCA URANIUM A1 Shear Zone B1 Shear Zone DEPOSITS Click to edit Master title style • Graphitic Conductor • Structural Corridor • Clay Alteration / Bleaching • Anomalous Radioactivity • Uranium Geochemistry • Pathfinder Elemen
Slide 13: 2022 – 2023 Exploration Work
2022 – 2023 Exploration Work 2023 Exploration • PLN – Broach / N Conductor • Hearty Bay • Lazy Edward Bay • Murphy Lake • PLN JR Zone Discovery 2024 Exploration • PLN – JR Zone Drilling and Exploration for New Uranium Pods • Hearty Bay Drilling
Slide 14: PLN Project
Fs URANIUM PLN PROJECT Patterson Lake North Project: PLN, Minto, Broach and PW Property Locations Minto Property JR Zone A1 Main Shear Zone! Broach Property PLN Property Patterson West (PW) Property Triple R The PW claims will be incorporated into the Broach Property
Slide 15: PLN Winter Drilling
PLN WINTER DRILLING JR Zone Expansion A1 / B1 Exploration 15
Slide 16: PLN – JR Zone Expansion Drilling
PLN – JR Zone Expansion Drilling 16
Slide 17: B1 Shear Zone is Highly Prospective for Potential New Discovery
B1 Shear Zone is Highly Prospective for Potential New Discovery Hole PLN 23-102 (line 3450S) Drill Core Lower Athabasca Sandstone, Unconformity and Basement - sandstone dissolution and intense sandstone and basement alteration observed Unconformity depth: 356.3 m downhole (marked in photo) Click to
Slide 18: PLN – JR Zone B1 Shear Zone Discovery Exploration Drilling
PLN – JR Zone B1 Shear Zone Discovery Exploration Drilling Section Line 3450S 18
Slide 19: PLN Property
PLN Property Mobile MT Airborne EM Survey • Extended length A1/B1 corridor which hosts JR Zone to 5.0 km Click to edit Master title style • A4 Corridor Defined – 8 km long • Ground Gravity Survey Planned to Develop Drill Targets along A4 • A3 and A4 Regional Trends to be Drill Tested in Summer 2024
Slide 20: Corporate Summary
Corporate Summary FINANCIAL SUMMARY EXECUTIVE MANAGEMENT & BOARD As of February 2, 2024 Market Cap: approx. C$250 million Dev Randhawa, MBA - Chairman, CEO, Director Raymond Ashley, P. Geo. President & COO, Director Cash: approx. C$40.7 million Ryan Cheung – CFO John DeJoia P. Geol. - Director Terre
Slide 21: Management Team
F3’s MANAGEMENT TEAM Click to edit Master title style Dev Randhawa, Raymond Ashley, P. Geo. Sam Hartmann, P.Geo Chairman & CEO President & COO VP Exploration • Former CEO & Founder of Fission Energy and • Raymond has worked in the mineral exploration • Sam is an established geologist with extensive
Slide 22: Technical Team
F3’s TECHNICAL TEAM Key members of the JR discovery Click to edit Master title style Raymond Ashley, P. Geo. Sam Hartmann, P.Geo. Erik Sehn, GIT Ben Mortimore, GIT Reid Stanger, BSc. MGIS President & COO VP Exploration Project Manager Project Manager Geotechnical Analyst Kira Lamanque BSc. – Field G
Slide 23: Click to edit Master title style
Spring 2023 www.f3uranium.com Click to edit Master title style For further info, contact: F3 Uranium Corp. Phone: 778.484.8030 Toll Free: 1.844.484.8030 Email: ir@f3uranium.com TSX-V : FUU | OTCQB: FUUFF | FSE:2F3A
Slide 24: PLN – JR Zone A1 Main Shear Zone Expansion Drilling
PLN – JR Zone A1 Main Shear Zone Expansion Drilling Section Line 00N 22
Slide 25: PLN – JR Zone B1 Shear Zone Discovery Exploration Drilling
PLN – JR Zone B1 Shear Zone Discovery Exploration Drilling Section Line 3450S 23
Slide 26: B1 Shear - Increasingly Prospective for Uranium Mineralization
B1 Shear - Increasingly Prospective for Uranium Mineralization - line 3240S Click to edit Master title style
Slide 27: JR Zone Discovery Hole Drill Core
JR ZONE JR ZONE Discovery Hole PLN22-035 Drill Core PLN23-060 (line 060S) Drill Core SPEC: 1.0m of continuous off-scale >65,535 cps SPEC: 3.82m of continuous off-scale >65,535 cps ASSAY: 15.0m @ 6.97% U3O8 (257.5m to 272.5m) ASSAY: 14.5m @ 9.4% U3O8 (238.5m to 253.0m) • including 5.5m @ 18.6% U3O8 (