Strathmore Plus Uranium Corp. · CSE:SUU
Strathmore Plus Uranium — Investor Presentation (April 2024)
26 slides from Strathmore Plus Uranium's investor presentation, April 2024
Slide 1: Strathmore Plus Uranium Corp.
TSX-V: SUU OTC: SUUFF Corporate Presentation April 2024 Strathmore Plus Uranium Corp. Wyoming Based Uranium Explorer 1
Slide 2: Disclaimer
TSX-V: SUU OTC: SUUFF 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”, “est
Slide 3: World Energy Crisis
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF World Energy Crisis “Elected officials on both sides of the aisle, climate and sustainability -New York Times advocates, and the general public are increasingly recognizing the value of nuclear energy deliveries, not only for its unmatched 24/7 reliability,
Slide 4: Projection: COP28 - Nuclear to Triple by 2050
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF 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 ‘23 436 IN OPERATION Demand for uranium is expected to rise
Slide 5: Uranium Industry Highlights
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Uranium Industry Highlights • U.S. Senate voted 96-3 to approve legislation that would strengthen domestic nuclear fuel production and ensure that disruptions in uranium supply will not impact the development of advance reactors nor the operation of the USA
Slide 6: Uranium Fuel Cycle
TSX-V: SUU OTC: SUUFF Uranium Fuel Cycle There is a 2-year process from mining to fuel fabrication. Source: Pennsylvania State University Radiation Science and Engineering Center (public domain) 66
Slide 7: Building Shareholder Value Since 1996
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Building Shareholder Value Since 1996 Strathmore Minerals Corp (SMC) Energy Fuels *$2M Mkt Cap to $457M (‘07) U.S. Assets *Acquires SMC and its US assets (‘13) *JV Sumitomo (Japan) $50M *JV KEPCO (Korea) $40M CDN Assets Fission Uranium Corp (‘13) Fission En
Slide 8: Award Winning Management Team
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Award Winning Management Team Strathmore’s CEO Dev Randhawa has won many prestigious awards in Canada’s mining industry. He was behind both the Waterbury (unconformity model) and the Triple R (basement-hosted model) uranium discoveries in the Athabasca Basi
Slide 9: Wyoming's New Small Modular Reactors (SMR)
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Wyoming’s New Small Modular Reactors (SMR) Power companies run by billionaire friends Bill Gates and Warren Buffett have chosen Wyoming to launch the first Natrium nuclear reactor project on the site of a retiring coal plant. The US Department of Energy pla
Slide 10: Wyoming: Leading Recent U.S. Uranium Production
TSX-V: SUU OTC: SUUFF Wyoming: Leading Recent U.S. Uranium Production 70+ Years of Mining 250M+ Lbs. Mined Prolific Jurisdiction Wyoming is the 2nd largest historical producer of Uranium in the US. In 2018 it produced 78% of all U.S. Uranium. Politically friendly for uranium mining. Cost Drilling co
Slide 11: Wyoming U Districts
TSX-V: SUU OTC: SUUFF Wyoming U Districts Strathmore Plus holds strategic properties within the Shirley Basin and Gas Hills Uranium Districts Areas are readily accessible from state highways with access to nearby mining infrastructure Strathmore’s uranium properties lie beside past producing mines a
Slide 12: Strategic Location In Shirley Basin
TSX-V: SUU OTC: SUUFF Strategic Location In Shirley Basin Strathmore’s uranium properties lie beside past producing mines and current uranium developments ~52M lbs @ 0.22% produced within the region 12
Slide 13: Agate Project
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Agate Project • A potential in-situ recovery (ISR) project in the Shirley Basin uranium district of Wyoming, that lies to the south of Cameco and boarders UEC properties. • The property consists of 52 mining claims covering 1,075 acres. Kerr-McGee Corp. his
Slide 14: 2023 Exploratory Drilling at Agate
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF 2023 Exploratory Drilling at Agate Mud Rotary Drill Rig Exploring for Uranium Roll Front Deposits Drill Cuttings from 0-150 feet AG-16-23: 79-100 ft 21 ft @ 0.089% = 1.87 GT 14 14
Slide 15: 2023 Drilling Highlights
TSX-V: SUU OTC: SUUFF 2023 Drilling Highlights AG-90-23, AG-10- 23, AG-47-23 and AG-16-23 hit AG-48-23 0.089% eU3O8 over intersected an 21 ft (6.4m) average eU3O8 of 0.077% Grade thickness of 1.87 the highest of Average Grade the drill program. Thickness of 1.09 Strathmore hit uranium mineralization
Slide 16: Idealized Roll Front and the Agate Deposit
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Idealized Roll Front and the Agate Deposit The uranium mineralization is typical of the classic, Wyoming- type roll front deposit that was first described historically in the Shirley Basin district in the 1960s. Mineralized holes with thicker, higher-grade
Slide 17: University of Wyoming Research
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF University of Wyoming Research • The goal is to detect and image a uranium roll front to pinpoint Strathmore’s drilling targets, with future application to monitor the movement of the roll front’s position during in-situ mining recovery. • To study and dete
Slide 18: University of Wyoming Research
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF University of Wyoming Research Inverted Resistivity Profile from A-A’. ERT data from 2023 at the Agate Site. Resistor (red/yellow) colors represent the sandstone interval hosting the uranium front deposit. Drill hole AG-16-23 is interpreted to be near the n
Slide 19: Agate Project
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Agate Project David Talbot of Red Cloud Commented: “We continue to like what we see in the initial stages of drilling at Agate in the Shirley Basin. These holes are testing an area previously identified in up to 650 drill holes drilled by Kerr McGee in the
Slide 20: Beaver Rim
TSX-V: SUU OTC: SUUFF Beaver Rim Strathmore property lies just south of Cameco which has the highest uranium grades and largest resources in the Gas Hills. Cameco is fully permitted for in-situ recovery on their project site. Cameco’s Project identifies resources of over 13M lbs indicated and 6M lbs
Slide 21: UR-Energy Working Agreement
TSX-V: SUU OTC: SUUFF UR-Energy Working Agreement UR-Energy Working Agreement Strathmore & UR-Energy signed a Confidentiality and Non-Disclosure Agreement in April 2023. • Assess the feasibility of a negotiated business transaction for future processing of uranium from Strathmore’s Wyoming projects
Slide 22: Night Owl
TSX-V: SUU OTC: SUUFF Night Owl A former producing Uranium mine in the Shirley Basin Uranium district of Wyoming. Night Owl was formerly mined by Night Owl Properties & Battle Axe Mining Co. producing 93 tons at a grade of 0.24% U3O8,which was mined at the surface with just a backhoe in the late 195
Slide 23: Exploration Schedule - 2024
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Exploration Schedule - 2024 2024- Exploration AGATE – Spring/Summer 2024 NIGHT OWL – Summer/Fall 2024 • Reclamation Bond: US$125,000 • Reclamation Bond: US$35,000 • Drilling Est: US $500,000 • Drilling Est: US $25,000- $50,000 • 200 holes @ 30,000ft drilled
Slide 24: Strathmore Plus Management Team
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Strathmore Plus Management Team Dev Randhawa Terrence Osier John DeJoia Ryan Cheung Chairman & CEO VP of Exploration Director CFO • Chairman & CEO of F3 • Professional Geologist with • Professional Geologist with • Provides accounting Uranium Corp. 19 years
Slide 25: Corporate Summary
TSX-V: SUU TSX-V: SUU OTC:SUUFF OTC: SUUFF Corporate Summary As of April 16, 2024 EXECUTIVE MANAGEMENT & BOARD Dev Randhawa, MBA - Chairman, CEO, Director Cash: approx. C$3.01 million Terrence Osier, P. Geo. - VP Exploration Market Cap: approx. C$18.2 million Ryan Cheung - CFO Shares outstanding: 47
Slide 26: For further info contact
For further infocontact: Strathmore Plus Uranium Corp. 1 888 882 8177 info@strathmoreplus.com TSX-V: SUU Strathmore Plus Uranium Corp. Wyoming Based Uranium Explorer OTC: SUUFF
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