Isoenergy Ltd. · TSX:ISO

Isoenergy — Investor Presentation (September 2022)

28 slides from Isoenergy's investor presentation, September 2022

  1. Slide 1: Home of the Hurricane Zone

    TSXV: ISO OTC: ISENF WWW.ISOENERGY.CA Home of the Hurricane Zone The World’s Newest High-Grade Uranium Deposit, located in Saskatchewan’s Athabasca Basin September 2022

  2. Slide 2: Disclaimer

    Disclaimer Information Contained In This Presentation This presentation is a summary description of IsoEnergy Ltd. (“IsoEnergy” or the “Company”) and its business and does Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, not purport

  3. Slide 3: Background & Approach

    Background & Approach  IsoEnergy formed in 2016 – 5 Eastern Athabasca properties spun out of NexGen Energy  Difficult period in the uranium market created an opportunity for the company  Created a high-quality land position at a time when others were leaving 3 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  4. Slide 4: Eastern Athabasca Portfolio

    Eastern Athabasca Portfolio Clear Strategy  Stake/acquire as much prospective ground in the eastern Athabasca as possible  Drill around mineralized intercepts not adequately followed up post 2011  Original 5 properties have grown to 24 high quality properties today  Flagship asset is our Larocqu

  5. Slide 5: Hurricane – Initial Mineral Resource July 2022

    Hurricane – Initial Mineral Resource July 2022 5 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  6. Slide 6: Flagship Asset – Hurricane Zone at Larocque East

    Flagship Asset – Hurricane Zone at Larocque East  Acquired in May 2018 for $20K and 1M shares  100% owned by ISO  Hurricane discovered July 2018  8.5m @ 1.26% U3O8; 2.5m @ 3.58% U3O8  6 drill programs completed since then  Drilling Highlights include:  LE20-32A: 2.5m @ 63.6% U3O8  LE20-34: 5

  7. Slide 7: Hurricane – Initial Mineral Resource Estimate

    Hurricane – Initial Mineral Resource Estimate Resource Summary  World’s highest grade uranium deposit  INDICATED: 48.61 M lbs U3O8 at 34.5% U3O8 within 63.8kt  Includes 43.89 M lbs U3O8 at 52.1% U3O8  INFERRED: 2.66M lbs U3O8 at 2.2% U3O8 within 54.3kt  95.1% of contained metal in Indicated cat

  8. Slide 8: Hurricane Mineralization Cross-Section

    Hurricane Mineralization Cross-Section Cross-section of 4435E  Cross-section of 4435E provides context around high- grade core of deposit  Drilling has defined a zone of exceptionally high grade mineralization directly overlying the unconformity 8 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  9. Slide 9: Hurricane – Initial Resource Cut Off Grade

    Hurricane – Initial Resource Cut Off Grade  Indicated 48.61M lb U3O8 within 63.8kt at 34.5% U3O8  Inferred 2.66M lb U3O8 within 54.3kt at 2.2% U3O8  Indicated Resources highly insensitive to cut off grade; 93.9% of contained metal is retained at COG of 10%  Mineral resource estimated with a 1% C

  10. Slide 10: Hurricane – Key Strategic Advantages

    Hurricane – Key Strategic Advantages  Very high-grade mineralization over widths and thicknesses seen at major deposits – up to 12m thick x 125m wide  48.6M lbs at 34.5% (43.9M lbs at 52.1%)  Shallow relative depth of 325m  Infrastructure - located near roads and power in the Eastern Basin  Ora

  11. Slide 11: Hurricane – Initial Resource Process

    Hurricane – Initial Resource Process  Resource estimation undertaken by an industry leader – SLR  Exhaustive Resource Estimation Process 1. Data Verification • Site visit for geological familiarization, audit on-site processes • Drill hole database auditing • Analytical QAQC review • Geological Mo

  12. Slide 12: Exploration

    Exploration 12 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  13. Slide 13: Exploration over Past Year

    Exploration over Past Year Summer 2021  Over 16,000m of drilling on Larocque East and Geiger  12,000m on Larocque – expansion, infill and exploration  4,000m on Geiger’s eastern side Winter 2022 Drilling  Geophysics completed on Larocque East, and Collins Geophysics Bay Extension Winter 2022  1

  14. Slide 14: Larocque East – Winter 2022 Drilling

    Larocque East – Winter 2022 Drilling Excellent Exploration Potential East of Hurricane  15km of conductors related to the Larocque Trend are present at Larocque East  Pre-2022 IsoEnergy drilling limited to 2019 Resistivity footprint  Several historical drill holes east of the Hurricane zone have

  15. Slide 15: Geiger – Winter 2022 Ground Geophysics

    Geiger – Winter 2022 Ground Geophysics Shallow and Underexplored  Drill Target Generation  Ground Electromagnetic surveys underway in prospective Q23 and Q48 areas  Both areas contain historical conductors within magnetic low zones and shallow depth to unconformity (250-275m) Q23  Only two drill

  16. Slide 16: Hawk and Ranger – Winter 2022 Ground Geophysics

    Hawk and Ranger – Winter 2022 Ground Geophysics Ground EM surveys planned at Hawk and Ranger to advance projects to drill ready state Hawk  Covers at least 10 km of prospective magnetic low corridor hosting EM conductors  Single drill hole within project failed to intersect conductive rocks – enti

  17. Slide 17: 2022 Summer Exploration Program

    2022 Summer Exploration Program  7,000m of drilling i. Larocque East – 2,000m to continue to explore the Larocque Lake conductive trend and assess prospectivity of the Kernaghan trend ii. Geiger – 3,000m to follow up of winter 2022 Summer 2022 geophysical results – Fixed Loop Transient Drilling Ele

  18. Slide 18: Larocque East – Summer 2022 Drilling

    Larocque East – Summer 2022 Drilling High Priority Targets on Key Trends  J-Fault completely untested over 1.1 km strike length just east of Hurricane  Strong sandstone alteration and highly anomalous geochemistry are present  Eastern portion of prospective Larocque trend remains untested by IsoE

  19. Slide 19: Geiger – Summer 2022 Drilling

    Geiger – Summer 2022 Drilling First-Pass Drill Testing  Eight drill holes totaling 3,000m  Follow-up winter 2022 geophysical surveys  Defined >35 km conductor strike in two areas  Shallow depth to unconformity (<300m), underexplored, favourable historical drilling 2019 2021 Resistivity 19 IsoEne

  20. Slide 20: Trident – Summer 2022 Drilling

    Trident – Summer 2022 Drilling First-Pass Drill Testing  Eight drill holes totaling 2,000m  Assess for presence of favourable basement geology four target areas  Magnetic lows with conductors not covered by waterbodies  Project is immediately adjacent to Athabasca Basin Edge – no sandstone cover

  21. Slide 21: Airborne Geophysics – Summer 2022

    Airborne Geophysics – Summer 2022 Advancing Early-Stage Projects  Extensive project-scale airborne surveying to assess prospective, highly underexplored projects Summer 2022  Simultaneous gravity gradient, magnetic, and Drilling Geophysics radiometric (spectrometer) data collection  Improve geolo

  22. Slide 22: Market & Corporate Overview

    Market & Corporate Overview 22 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  23. Slide 23: Strong Market Fundamentals

    Strong Market Fundamentals  Supply / Demand Fundamentals UxC U3O8 Prices  440 operating reactors in 32 countries; 50 reactors under construction in 18 countries  Uncovered uranium requirements – 2.27 billion lbs between 2022 and 2040  40% uncovered by 2027; 68% in 2032  Accelerated inventory an

  24. Slide 24: Capital Structure

    Capital Structure 1 Year Stock Chart | TSXV: ISO Share Structure Issued & Outstanding Shares 106,835,914 Stock Options 7,627,500 Warrants 0 Convertible Debt (US$6 million)(1) 8,800,000 Fully Diluted Shares 123,187,937 Cash ~C$4.0 Million (1) Convertible at C$0.88 per share with the exact number of s

  25. Slide 25: Management

    Management 25 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

  26. Slide 26: Board of Directors

    Board of Directors Leigh Curyer Tim Gabruch Trevor Thiele Richard Patricio Chris McFadden Chairman Director & CEO Director Director Director  Chartered Accountant  25+ years experience in  Chartered accountant  Lawyer with 20+ years  Chairman of NexGen with 20+ years the uranium mining and with

  27. Slide 27: Investor Highlights

    Investor Highlights IsoEnergy Highlights High-grade Hurricane Deposit – Indicated resource of 48.6 million lbs U3O8 at 34.5% average grade  Discovery Strategic steps taken in down market to create world class portfolio. Very well positioned as uranium market fundamentals and nuclear industry narrat

  28. Slide 28: Contact

    Contact Management Contacts Tim Gabruch President and Chief Executive Officer Email: tgabruch@isoenergy.ca Direct: +1 306 261-6284 Graham du Preez Chief Financial Officer Email: gdupreez@isoenergy.ca Direct: +1 639 994-7787 28 IsoEnergy.ca TSXV: ISO OTCQX: ISENF

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