Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Shareholder Meeting (June 2008)
18 slides from Purepoint Uranium's shareholder meeting presentation, Jun 12, 2008
Slide 1: Annual General Meeting
Annual General Meeting FCP Gallery, First Canadian Place Toronto, Ontario – June 12, 2008
Slide 2: Agenda
TSX-V : PTU AGENDA 1. Industry Overview 1. Uranium and the Equity Markets 2. The Underlying Basics 2. Corporate Update 1. Financial Status 2. Exploration Update w w w. p u r e p o I n t . c a 2
Slide 3: Uranium Falls From Grace
TSX-V : PTU Uranium Falls From Grace Spot Price U3O8 Tollcross Jr. Uranium Index $US136 per lb. Doug Casey Athabasca Index PTU 10-day Moving Avg. ABCP ABCP Crisis Crisis Begins Begins $US59 per lb. June 07 Dec 07 June 08 w w w. p u r e p o I n t . c a 3
Slide 4: Hope on the Horizon
TSX-V : PTU Hope on the Horizon ... prices will now settle down and average US$60 in the long term, because supply and demand are finally moving into balance however, there could still be plenty of volatility Desjardins Securities - May 31, 2008 ... the next upcycle should see energy, and especially
Slide 5: Uranium Market: Robust Demand
TSX-V : PTU Uranium Market: Robust Demand Currently 16% of the world’s electricity is generated by nuclear reactors with global electricity generation expected to double by 2030. Usage UsageStatistics: Statistics: Amount Amountofofuranium uraniumused usedfor forpower powergeneration generation In
Slide 6: Uranium Market: Constrained Supply
TSX-V : PTU Uranium Market: Constrained Supply Uranium supply has been in a deficit for 22 years with the gap bridged only through now depleting inventories from the 1970 -80’s 200 180 World Demand Cameco Million pounds U3O8 160 The Rest, 13% 21% 140 Navol 120 6% 100 BHP Billiton, 80 7% 60 World Pro
Slide 7: Canada's Athabasca Basin
TSX-V : PTU Canada’s Athabasca Basin To date there has been in excess of 1.6 billion pounds of U3O8 discovered in the Athabasca basin – almost all of which is mined or currently in production Athabasca Basin Canada, 26% The Rest, 25% Russia (est), 8% Niger, 9% Australia, 19% Kazakhstan, 13% 2006 Ura
Slide 8: Corporate Summary (May 31, 2008)
TSX-V : PTU Corporate Summary (May 31, 2008) Share Structure: • shares outstanding 73,143,452 • warrants 2,854,194 • compensation options 2,831,000 Fully Diluted 78,828,646 Selected Balance Sheet Items: • Working Capital $7,000,000 • Exploration Assets (drills) 885,000 • Investment in Exploration (t
Slide 9: Investment in Exploration
TSX-V : PTU Investment in Exploration In 2002 the founders of Purepoint began analyzing properties resulting in one of the largest, most prospective land packages in the Athabasca Basin Purepoint PurepointStatistics: Statistics: 100% 100%owned ownedclaims claims 99 99properties properties- -37 37
Slide 10: Importance of Indicators
TSX-V : PTU Importance of Indicators Exploration at McLean (1974-79) - Proposed 15 m and 130 m step outs Hole 53 3.5m/7.5% U3O8 Hole 26 690 cps – .3m/0.09% U3O8 Hole 15 247 cps – 5 ppm Hole 02 15,400 cps – 6.5m/0.134% U3O8 Hole 09 Hole 13 7,950 cps – 2.3m/0.031% U3O8 140 cps – 5 ppm w w w. p u r e p
Slide 11: Turnor Lake: early signs of promise
TSX-V : PTU Turnor Lake: early signs of promise In 2006, Purepoint’s Turnor Lake Project was ranked the best prospective target in the Athabasca Basin by Northern Prospector Magazine. Turnor TurnorLake LakeProgram: Program: Klaproth KlaprothPoint PointZone Zone 99 3131 holestested holes testedtot
Slide 12: Red Willow: a host of viable targets
TSX-V : PTU Red Willow: a host of viable targets In 2007/8, Purepoint’s Red Willow Project returned some of the best new results of any Basin explorer. Red RedWillow WillowProgram Program2007/8: 2007/8: Osprey OspreyZone Zone 99 2222holes holesoutlining outliningaasignificant significant minerali
Slide 13: Fire Eye: strong historical ties
TSX-V : PTU Fire Eye: strong historical ties Purepoint’s Fire Eye Project holds direct structural relationships to may of the Basin’s earliest producing mines Fire FireEye EyeProject ProjectHighlights: Highlights: Located Located50 50kilometres kilometressouthwest southwestofofthe the Gunnar Gunn
Slide 14: William River: complex possibilities
TSX-V : PTU William River: complex possibilities One of the most structurally complex claim blocks in the Athabasca Basin, Purepoint’s William River Projects hold exceptional potential for discovery William North William WilliamRiver RiverProject ProjectHighlights: Highlights: Surveys Surveysover
Slide 15: Umfreville: shallow setting with new theories
TSX-V : PTU Umfreville: shallow setting with new theories The Umfreville Projects centre on a vast regional fold with a complex fault structure. Despite nearby uranium showings, this is a fairly unexplored area. Umfreville UmfrevilleProject ProjectHighlights: Highlights: MEGATEM MEGATEMIIIIairbor
Slide 16: South Newnham: all the right ingredients
TSX-V : PTU South Newnham: all the right ingredients The South Newnham claim hosts the N-S Newnham fault; a significant structure coincident with a magnetic low South SouthNewnham NewnhamProject ProjectHighlights: Highlights: 2005 2005MEGATEM MEGATEMIIIIairborne airborneelectromagnetic electromag
Slide 17: Project Summary
TSX-V : PTU Project Summary Fire Eye Swagger Zone Red Willow Osprey Zone * Turnor Lake Serin Zone * PJ Zone Geneva Zone Anvil Zone Millhaven Zone Radon Lake Zone Laysan Zone Cotinga Zone * Dancing Lake Zone Questal Zone * William North Etano Zone Big Bay Zone Siskin Zone Heke Zone 333 Zone Klaproth
Slide 18: Annual General Meeting
Annual General Meeting FCP Gallery, First Canadian Place Toronto, Ontario – June 12, 2008
Purepoint Uranium Group — Shareholder Meeting (June 2008) on 6ix