Slide 1: Abasca Resources Inc. Corporate Presentation
Abasca Resources Inc. Corporate Presentation December 2024 TSXV: ABA
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation is for information purposes only and does not constitute an offer to sell or solicitation to buy any securities. This presentation may contain certain forward-looking information (“forward-looking information”) within the meaning of applicable Canadian sec
Slide 3: Who We Are – Management Team
Who We Are – Management Team Abasca Resources Inc. (Abasca) aims to provide shareholder value through responsible exploration, Our Mission discovery, and development of environmentally and economically viable critical mineral deposits Dawn Zhou | Founder, Director, President & CEO | M.Sc. Geology, C
Slide 4: Who We Are – Board of Directors
Who We Are – Board of Directors Dave Billard | Independent Director, Chairman of the Board | B.Sc. Geology, P.Geo. President and owner of Cypress Geoservices Ltd., a geological consulting firm based in Saskatoon, since 1999. Dave possesses over 35 years of mineral exploration and development experie
Slide 5: The Need For Clean Energy
The Need For Clean Energy Nuclear Reactor Status ▪ Nuclear energy usage increasing Under Operable ▪ New reactors being constructed Construction ▪ Nearly 65% of current energy production is not green 439 66 Nuclear Energy Production 396,312 MWe 67,340 MWe Source: World Nuclear Association. Updated No
Slide 6: Key Lake South Project Location
Key Lake South Project Location ✓ Size: 23,977 Ha ✓ Metres Drilled: ✓ Total: 30,770 (129 holes) High-grade ✓ Since 2012: 23,780 (78 holes) Uranium Deposit Trend ✓ Target Areas: 13 ✓ 100%-Owned ✓ 15 km south of Key Lake Uranium Mill ✓ Geological similarities and along strike of past Key Lake Mine ✓ P
Slide 7: Key Lake South Project Exploration History
Key Lake South Project Exploration History Key Lake South Uranium Project: 12 claims totaling 23,977 Ha Historical Exploration – Defining prospective corridors ▪ 1969 – 1989: Reconnaissance mapping and prospecting, initial airborne and ground geophysics, soil and lake sampling, shallow drilling. ▪ 2
Slide 8: Key Lake South Project: Mustang Target
Key Lake South Project: Mustang Target ▪ Alteration present ▪ Hematite ▪ Clay, including illite ▪ Silicification ▪ Stacked re-activated fault zones ▪ 2 km, untested at depth KS-MS16-05: Box 31 – 33 | 149.4 – 162.2 m 8 Information, data, and images embodied in this presentation are based on informati
Slide 9: Key Lake South Project: Zimmer
Key Lake South Project: Zimmer ▪ Significant clay alteration ▪ Oxidation zones proximal to fault zone ▪ 2 km strike-length only tested by 3 holes KLS-23-021: Box 9 – 12 | 78.0 – 100.1 m 9 Information, data, and images embodied in this presentation are based on information currently available to Abas
Slide 10: The Increasing Need For Graphite as Anode of Lithium Battery
The Increasing Need For Graphite as Anode of Lithium Battery ▪ Electric car sales are driving the demand for graphite ▪ Anodes are composed of graphite Natural Graphite Production ▪ Graphite now listed as one of six priority critical minerals to secure supply chain under Canadian Critical Minerals S
Slide 11: Loki Flake Graphite Zone History
Loki Flake Graphite Zone History Potential Flake Graphite Zone ▪ 2016: 2 km trend discovered during uranium exploration ▪ 2021: Government of Canada places Graphite on Critical Mineral list ▪ 2023: Samples reanalysed for graphite KS-CC16-15: Box 13 – 15 | 121.5 – 133.7 m 11 Information, data, and im
Slide 12: Key Lake South Project: Loki Flake Graphite Zone
Key Lake South Project: Loki Flake Graphite Zone Reanalysis 22.2 % Cg ▪ 100 samples ▪ Up to 22.2 % Cg ▪ Flake diameter median passing percentage up to 214 μm KS-CC16-12: Box 4 – 6 | 86.6 – 103.0 m 12 Information, data, and images embodied in this presentation are based on information currently avail
Slide 13: Key Lake South Project: Loki Flake Graphite Zone
Key Lake South Project: Loki Flake Graphite Zone ▪ 2 km known strike-length ▪ Shallow mineralization ▪ Open along strike and at depth 13 Information, data, and images embodied in this presentation are based on information currently available to Abasca Resources Inc. and any forward-looking informati
Slide 14: 2024 Summer Exploration: Loki Flake Graphite Zone
2024 Summer Exploration: Loki Flake Graphite Zone Total Drilled: 5,499 m (20 holes) New Prospective Trend: 912 m (2 holes) • Initial delineation program of Loki Flake Graphite Zone • 100 m x 100 m grid along a 600 m portion of the known 2 km trend • All holes intersected graphite mineralization and
Slide 15: 2024 Summer Exploration: Loki Flake Graphite Zone
2024 Summer Exploration: Loki Flake Graphite Zone 15 Information, data, and images embodied in this presentation are based on information currently available to Abasca Resources Inc. and any forward-looking information and/or statements should be considered with caution. TSXV: ABA
Slide 16: 2024 Summer Exploration: Loki Flake Graphite Zone
2024 Summer Exploration: Loki Flake Graphite Zone 16 Information, data, and images embodied in this presentation are based on information currently available to Abasca Resources Inc. and any forward-looking information and/or statements should be considered with caution. TSXV: ABA
Slide 17: 2024 Summer Exploration: Loki Flake Graphite Zone
2024 Summer Exploration: Loki Flake Graphite Zone New Prospective Zone Loki Flake Graphite Zone Parallel to Loki Flake Graphite Zone KLS-24-049: Box 9 – 12 | 84.0 – 102.2 m KLS-24-046: Box 61 – 64 | 330.1 – 348.0 m 17 Information, data, and images embodied in this presentation are based on informati
Slide 18: 2024 Summer Exploration: Loki Flake Graphite Zone
2024 Summer Exploration: Loki Flake Graphite Zone Existing Infrastructure ▪ 15 km south of Key Lake ▪ Highway 914 passes through project ▪ Existing powerline and communications at Key Lake Next Steps ▪ Awaiting assays from remainder of 2024 season ▪ Metallurgical testing underway on KLS-24-052 ▪ Add
Slide 19: Abasca's Capital Structure
Abasca’s Capital Structure Shares Issued 76,083,797 Options 3,500,000 Warrants 19,042,320 Fully Diluted 98,626,117 Cash 660,000 Ownership Management and Directors 11 % Associated Corporations 64 % Retail 25 % As of November 15, 2024 19 Information, data, and images embodied in this presentation are
Slide 20: Contact Information
Contact Information #208 - 311 4th Avenue North Saskatoon, SK S7K 2L8 Canada info@abasca.ca TSXV: ABA