Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Investor Presentation (January 2021)
29 slides from Purepoint Uranium's investor presentation, January 2021
Slide 1: Corporate Presentation January 2021
Corporate Presentation January 2021 TSXV: PTU www.purepoint.ca www.purepoint.ca Q1 - 2021
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Disclaimer The general information set out in this presentation regarding the uranium market, including but not limited to, the demand and supply of uranium, historical events that affected uranium pricing, the global state of the uranium market and other related informati
Slide 3: Why Uranium? Why Purepoint?
PUREPOINT URANIUM GROUP INC Why Uranium? Why Purepoint? Now Tomorrow Now Tomorrow • We are at the acknowledged • Elimination of excess • Hook Lake project in the • One of the most advanced bottom of the uranium price inventory to result in near Athabasca Basin’s portfolio of 100%-owned cycle term co
Slide 4: Corporate Update – Q3 2020
CORPORATE UPDATE – Q3 2020 01 About Purepoint 02 Hook Lake & The Patterson Corridor 03 Athabasca Basin Portfolio 04 Uranium Market Shift Underway www.purepoint.ca PTU.V
Slide 5: The Company We Keep
The Company We Keep 01 About Purepoint Established in the Basin since 2002, Purepoint holds 6 highly prospective uranium projects in the Athabasca Basin. Its Hook Lake Project is a joint venture with two of the largest uranium suppliers in the world, Cameco Corp & Orano Canada and it is on trend wit
Slide 6: Established Pipeline of Uranium Projects
Established Pipeline of Uranium Projects 01 About Purepoint Covering all stages of the exploration cycle Outside its flagship Hook Lake Project, driling to date on Smart Lake, Red Willow and Turnor Lake projects have all resulted in the identification of uranium mineralization and related exploratio
Slide 7: Highly Qualified Leadership Team
Highly Qualified Leadership Team 01 About Purepoint With Decades of Experience in the Basin Chris Frostad, BBA, CA, CPA - President & CEO and Director Allan Beach, BA. LLB - Director • 35+ years of experience in the development and building a variety of high growth, early stage, public • Former part
Slide 8: Capital Structure
Capital Structure 01 About Purepoint Minimizing dilution while being able to manage large exploration budgets Market Capitalization $24,064,000 52 Week Range $0.09 - $0.025 Shares Outstanding 267,378,338 Options (@$0.08 weighted avg.) 22,210,000 Warrants (@$0.11 weighted avg.) 54,395,167 Shares Full
Slide 9: A "Major" Exploration Project
A “Major” Exploration Project 02 Hook Lake & The Patterson Corridor The Patterson Corridor is home to the largest uranium discoveries of this century, worldwide – NexGen’s Arrow Deposit & Fission’s Triple R Deposit Hook Lake JV & the The priority exploration project of two of the world’s Patterson C
Slide 10: Hook Lake & The Patterson Corridor
02 Hook Lake & The Patterson Corridor ü SE Edge of Saskatchewan’s Athabasca Basin ü To Date over 350MM lbs of U3O8 have been defined ü This well defined geologic trend stretches North; § from Fission Uranium’s PLS project, § through NexGen’s Rook1 project, and § across the Hook Lake project www.pure
Slide 11: Hook Lake & The Patterson Corridor
02 Hook Lake & The Patterson Corridor ü SE Edge of Saskatchewan’s Athabasca Basin ü To Date over 350MM lbs of U3O8 have been defined ü This well defined geologic trend stretches North; § from Fission Uranium’s PLS project, § through NexGen’s Rook1 project, and § across the Hook Lake project www.pure
Slide 12: Hook Lake & The Patterson Corridor
02 Hook Lake & The Patterson Corridor ü SE Edge of Saskatchewan’s . Athabasca Basin ü To Date over 350MM lbs of . U3O8 have been defined ü This well defined geologic . trend stretches North; . § from Fission Uranium’s PLS project, § through NexGen’s Rook1 project, and § across the Hook Lake project
Slide 13: Spitfire, Arrow and Triple R Deposits
02 Hook Lake & The Patterson Corridor Purepoint’s Spitfire Deposit . • Resource not defined • Results include 10.3% U3O8 over 10.0 metres . . NexGen’s Arrow Deposit • 2018 PFS . • Indicated Resource • 256,600,000 lbs U3O8 • Avg Grade 4.03% U3O8 Fission’s Triple R Deposit • 2019 PFS • Indicated Resou
Slide 14: Patterson Model Setting
02 Hook Lake & The Patterson Corridor Overburden Patterson Model Setting Sandstone ü Common setting for all significant mineralization identified to date ü Developed through analysis of all drilling and geophysics along the Patterson Trend ü Includes: § Multiple, parallel bands of graphitic conducto
Slide 15: Hole HK19-105: Current Priority – Sabre Zone
02 Hook Lake & The Patterson Corridor Hole HK19-105 Current Priority – Sabre Zone . ü Northern section of the Patterson Corridor . ü Focus of this coming winter’s drill campaign . ü Stepping north from hole HK- 105 drilled early last year www.purepoint.ca
Slide 16: Hole HK19-105 Patterson Model Setting
02 Hook Lake & The Patterson Corridor Hole HK19-105 Overburden Patterson Model Setting Sandstone Diorite Gneiss Chloritized (Altered) Granitic Gneiss Chloritized (Altered) Diorite Gneiss Silicification www.purepoint.ca Uranium Mineralization
Slide 17: Preparation of the Sabre Zone
02 Hook Lake & The Patterson Corridor Preparation of the Sabre Zone ü Moving-Loop, Electromagnetic survey to the north of HK19-105 (200m spacing) ü Results presented multiple parallel conductors not previously defined by airborne survey www.purepoint.ca
Slide 18: Isolating/Prioritizing Drill Targets
02 Hook Lake & The Patterson Corridor Isolating/Prioritizing Drill Targets ü Geological Survey of Canada . Gravity Survey . § Target host rock (of both granitic and dioritic gneiss) correlates to . the transitions zones between high-low gravity regions – key to the model setting . § Sabre conductors
Slide 19: Isolating/Prioritizing Drill Targets
02 Hook Lake & The Patterson Corridor Isolating/Prioritizing Drill Targets ü Geological Survey of Canada Gravity Survey § Target host rock (of both granitic and dioritic gneiss) correlates to the transitions zones between high-low gravity regions – key to the model setting § Sabre conductors travel
Slide 20: Isolating/Prioritizing Drill Targets
02 Hook Lake & The Patterson Corridor Isolating/Prioritizing Drill Targets ü Looking for Complexity Magnetic/Geology Survey § Bends around geological structures § Evidence of cross cutting faults www.purepoint.ca
Slide 21: Planning the Next Campaign: Hole HK20-115
02 Hook Lake & The Patterson Corridor Hole HK20-115 Hole HK19-105 Planning the Next Campaign ü Hole HK20-115 § 4.2km to the north § Testing the extent of the alteration and mineralization § Results presented all elements of the model setting ü Results demonstrate that model uranium deposition settin
Slide 22: Hole HK20-115 Patterson Corridor
02 Hook Lake & The Hole HK20-115 Patterson Corridor Hole HK19-105 www.purepoint.ca
Slide 23: Deep Portfolio of Advanced and Highly Prospective Projects
Deep Portfolio of Advanced and Highly 03 Athabasca Basin Portfolio Prospective Projects Since 2002, Purepoint has acquired and explored over 350,00 hectares of property across the Athabasca Basin, quickly and efficiently releasing those demonstrating the fewest prospects. What remains is a collectio
Slide 24: Established Pipeline of Uranium Projects
Established Pipeline of Uranium Projects 03 Athabasca Basin Portfolio Covering all stages of the exploration cycle Outside its flagship Hook Lake Project, driling to date on Smart Lake, Red Willow and Turnor Lake projects have all resulted in the identification of uranium mineralization and related
Slide 25: Anticipating the Tipping Point
04 Uranium Market Shift Underway The Uranium market doesn’t ebb and flow with the ongoing activities of the world’s politics and economies. Instead, it lies in wait, only to make jarring moves based on very specific and unfortunate situations. From the accident at Three Mile Island to the flooding o
Slide 26: Uranium Cost Curve 2017
Uranium Cost Curve 04 Uranium Market Shift Underway 2017 US$/ lbs. U3O8 2020 Demand 178,000 $60 $50 $40 Term Price US$ 31/ lbs. U3O8 $30 $20 Spot Price US$ 22/ lbs. U3O8 Langer Heinrich, Namibia Olympic Dam, Australia Four Mile, Australia Husab, Namibia Priargunsky, Russia Ranger, Australia Rossing,
Slide 27: Uranium Cost Curve 2019
Uranium Cost Curve 04 Uranium Market Shift Underway 2019 2020 US$/ lbs. U3O8 Demand 178,000 $60 $50 $40 Term Price US$ 32/ lbs. U3O8 $30 Spot Price US$ 26/ lbs. U3O8 Langer Heinrich, Namibia $20 Olympic Dam, Australia Four Mile, Australia Priargunsky, Russia Rossing, Namibia Ranger, Australia Vostgo
Slide 28: Uranium Cost Curve May 2020
Uranium Cost Curve 04 Uranium Market Shift Underway May 2020 US$/ lbs. U3O8 2020 Demand 178,000 $60 $50 $40 Spot Price US$ 34/ lbs. U3O8 Term Price US$ 33/ lbs. U3O8 $30 Langer Heinrich, Namibia $20 Olympic Dam, Australia Four Mile, Australia Priargunsky, Russia Rossing, Namibia Ranger, Australia Vo
Slide 29: Contact
Contact www.purepoint.ca Chris Frostad, President & CEO Twitter @PurepointU3O8 E: cfrostad@purepoint.ca T: +1.416.603.8368 LinkedIn @Purepoint-Uranium Jeanny So, Corporate Communications info@jeannyso.com T: +1.647.202.0994 YouTube @Purepoint Uranium www.purepoint.ca PTU.V
Purepoint Uranium Group — Investor Presentation (January 2021) on 6ix