Terra Critical Minerals Limited · ASX:T92
Terra Critical Minerals — Terra Uranium — Global Uranium Conference 2022
37 slides from Terra Critical Minerals's conference presentation, Nov 14, 2022
Slide 1: Conductors Confirmed by Airborne Geophysics & Global Uranium Conference 2022 Presentation
ASX ANNOUNCEMENT 10 NOVEMBER 2022 CONDUCTORS CONFIRMED BY AIRBORNE GEOPHYSICS & GLOBAL URANIUM CONFERENCE 2022 PRESENTATION HIGHLIGHTS For personal use only • Historical geochemical samples confirm uranium at surface. Further multi-element and isotope work underway to assess significance • ZTEM Airb
Slide 2: Exploration Update: ANT, Airborne Geophysics, Parker Lake
Terra Uranium Limited ASX: T92 (Terra Uranium or the Company) is pleased to provide this Exploration Update along with the presentation made to the Global Uranium Conference in Adelaide on the afternoon of the 10th of November. Ambient Noise Tomography Ambient Noise Tomography (ANT) geophysical node
Slide 3: Pasfield Lake
Pasfield Lake The conductors seen in the historical VTEM data have been confirmed and better defined with the preliminary ZTEM survey results (see Figure 2). These are coincident with magnetics lows from previous regional surveys. Further processing will be required to fully evaluate these results.
Slide 4: Geochemistry
Geochemistry Historical sample sites were visited, and 11 samples collected. Historical levels or uranium were confirmed but the results are still to be fully analysed. Uranium is a very mobile element so care must be taken with raw assays when using as an indicator of primary mineralization. Analys
Slide 5: Tenement Register
Tenement Register DISPOSITION EFFECTIVE GOOD STANDING AREA (ha) MC00015740 08-Dec-2021 07-Mar-2024 4,195.94 MC00015742 08-Dec-2021 07-Mar-2024 5,022.61 MC00015743 08-Dec-2021 07-Mar-2024 4,729.88 MC00015745 08-Dec-2021 07-Mar-2024 4,763.00 For personal use only MC00015746 08-Dec-2021 07-Mar-2024 5,0
Slide 6: About Terra Uranium
About Terra Uranium Terra Uranium Limited is a mineral exploration company strategically positioned in the Athabasca Basin, Canada, a premium uranium province hosting the world’s largest and highest-grade uranium deposits. Canada is a politically stable jurisdiction with established access to global
Slide 7: JORC Code, 2012 Edition – Table
JORC Code, 2012 Edition – Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling • Nature and quality of sampling (eg cut • Rock samples were collected from the sites of techniques channels, rando
Slide 8: JORC Table: Quality of Assay Data
Criteria JORC Code explanation Commentary Quality of • The nature, quality and appropriateness of the • All samples for uranium assay are sent to the assay data assaying and laboratory procedures used and Saskatchewan Research Council (SRC) and whether the technique is considered partial or Geoanaly
Slide 9: JORC Table: Section 2 Reporting of Exploration Results
Criteria JORC Code explanation Commentary geological the deposit type. structure • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. Sample • The m
Slide 10: JORC Table: Geology
Criteria JORC Code explanation Commentary 439 local drill core basement samples. Geology • Deposit type, geological • The largest and highest grade deposits in the world are located setting and style of in the Athabasca Basin at the unconformity with the Archean mineralisation. basement, or in highl
Slide 11: JORC Table: Reporting Criteria
Criteria JORC Code explanation Commentary • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’). Diagrams • Appropriate maps and • No drilling has been undertaken by Terra Uranium as yet sectio
Slide 12: Uranium Exploration Under Deep Cover
For personal use only Uranium Exploration Under Deep Cover Global Uranium Conference 10 November 2022 T92 TERRA URANIUM High-Quality Uranium Assets in the Athabasca Basin ASX:T92
Slide 13: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared and issued by Terra Uranium Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activit
Slide 14: What We Seek? Targeting Giant Deposits Under Cover
WHAT WE SEEK? For personal use only Targeting GIANT deposits under cover at depths of up to 1,000m WHAT DO WE NEED? ❑ People ❑ Money ❑ Know your target ❑ Where to look ❑ Tools ❑ Commitment ❑ Patience T92 : GUC2022 : Page 3
Slide 15: People - Board
PEOPLE - BOARD For personal use only Andrew J Vigar Dr. Darryl Clark Troy Boisjoli Doug Engdahl Dr. Kylie Prendergast Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director • Mr. Vigar is a Geologist with over • Dr. Clark has over 28 years • Mr
Slide 16: People - Management
PEOPLE - MANAGMENT For personal use only Mike McClelland Nova Taylor Jules Grove Jennifer Burgess Kyle Patterson Dr. Tom Kotzer President Terra Canada Company Secretary Chief Financial Officer Exploration Manager Geophysics Manager Geochemistry Manager • Mike directs the exploration • Nova has over
Slide 17: Money: Global Uranium Production by Country
MONEY 70 YEARS OF For personal use only GLOBAL URANIUM PRODUCTION BY Source – Alligator Energy COUNTRY CANADA IS THE WORLD’S SECOND-LARGEST PRODUCER OF URANIUM , PUTTING TERRA URANIUM IN A FAVOURABLE MACRO ENVIRONMENT MAJOR CHANGE IN 1990 WITH COLLAPSE OF USSR LARGEST PRODUCER KAZAKSTAN IMPACTED BY
Slide 18: Target: Athabasca Unconformity Uranium Deposits
TARGET ATHABASCA UNCONFORMITY For personal use only URANIUM DEPOSITS The largest and highest grade deposits in the world are at the unconformity with a distinctive geochemical and mineralogical Source: Visual Capitalist, 2012 signatures extending vertically hundreds of metres to surface. Part of the
Slide 19: Target: The Athabasca Basin's Major Uranium Deposits
TARGET THE ATHABASCA BASINS MAJOR For personal use only URANIUM DEPOSITS Big things happen at depth and within structural domains. Uranium deposits are structurally controlled, and negligible drilling has occurred to the west of uranium occurrences at an Source – Isoenergy imaginary 600m depth const
Slide 20: Target: Challenging Historic Discovery Rates
TARGET ● Average Resource / Grade of 85 uranium deposits in the CHALLENGING HISTORIC Athabasca basin DISCOVERY RATES – 82.7M lb U3O8 @ 3.79% For personal use only ● Average Size Innovation, modern systems, and – Strike… 1,662 m super deposit focus will prompt mineral wealth. – Width… 51 m – Thicknes
Slide 21: Where to Look: Open Source Data
WHERE TO LOOK OPEN SOURCE DATA For personal use only Access to data is excellent in Saskatchewan and recoginsed in its top ten Fraser Index ranking. Big things happen in disruptive domains; Cable Bay Shear Zone is a prime example of a little- known prospective terrain. Uranium deposits are structura
Slide 22: Where to Look: The Athabasca Basin Undiscovered Giant Deposit
WHERE TO LOOK THE ATHABASCA BASIN “UNDISCOVERED” GIANT For personal use only DEPOSIT There have been no major discoveries of the Cigar Lake or McArthur River type deep under cover since the 1980’s. These types of deposits are the Company’s exploration strategy. • Mudjatik CBSZ target • 250 – 950m sa
Slide 23: Where to Look: In Situ Recovery Game Changer
WHERE TO LOOK IN SITU RECOVERY GAME CHANGER For personal use only T92 consider this a game changer as it makes high grade deposits at depth economically viable. Also meets the highest environmental and social standards. T92 : GUC2022 : Page 12
Slide 24: Tools: Years of Discovery
TOOLS 100 YEARS OF Method to initially target prospect DISCOVERY 100% For personal use only 90% Majority of the Mudjatik Domain has been overlooked by since the 80% 1990’s. Percentage of total discoveries 70% Geology is still important to target geophysics, geochemistry 60% and drilling. 50% Investi
Slide 25: Tools: Geochemistry
TOOLS Reconnaissance Samples: U, Th, Pb Systematics GEOCHEMISTRY For personal use only The larger the deposit, the larger Th enrichment (±U leaching) in background sandstones (208Pb/206Pb > 2.3) the alteration halo and hence the Hawk Rock (#10) – bleached, hematitic OC geochemical signature. Detrita
Slide 26: Tools: Geophysics - ANT
TOOLS GEOPHYSICS - ANT For personal use only AMBIENT NOISE TOMOGRAPHY Proven Exploration Technique, Transformational Technology Investing in partnerships with disruptive technology leaders will create precise earth models. ANT, pioneered by Fleet’s industry trusted partner, the Institute of Mine Sei
Slide 27: Tools: Geophysics - ANT
TOOLS GEOPHYSICS - ANT For personal use only AMBIENT NOISE TOMOGRAPHY Proven Exploration Technique, Transformational Technology Investing in partnerships with disruptive technology leaders will create precise earth models. ANT, pioneered by Fleet’s industry trusted partner, the Institute of Mine Sei
Slide 28: Tools: 3D Earth Models
TOOLS 3D EARTH MODELS For personal use only Majority of the Mudjatik Domain has been overlooked by modern geophysical techniques. Investing in modern technology will create precise earth models. • Engage CGI to utilize proprietary 3D VTEM Octree Pasfield code. conductivity • Modelling approach featu
Slide 29: Tools: 3D Earth Models - VTEM Synthetics
TOOLS 3D VTEM Synthetics Pasfield Area 3D VTEM Modelling 3D EARTH MODELS Mid-Time Response 3.50E-11 For personal use only Major anomaly recognition Pasfield Solution 3x MCA Analogue through geophysical modeling 3.00E-11 using modern geophysical techniques. 2.50E-11 Investing in modern technology wil
Slide 30: Tools: 3D Earth Models
TOOLS 3D EARTH MODELS For personal use only Allows combination of different types of spatial data to better target discovery. Investing in modern technology will create precise earth models. T92 : GUC2022 : Page 19
Slide 31: Field – Sept / Oct 2022
FIELD – SEPT / OCT 2022 The Company has undertaken helicopter supported field work For personal use only on all areas. • Surface outcrops with anomalous uranium values have been confirmed • Fleet ANT passive seismic deployed and recovered at Pasfield Lake • ZTEM and VTEM Geophysics booked to be flow
Slide 32: Parker Lake
PARKER LAKE • Held 100% by Terra Uranium For personal use only • 225 km2 of favourable units with Surface Boulder Trail Geochemistry, MEGATEM, Airborne Magnetics, and Structural Targets • Airborne Magnetics and MegaTEM anomaly with basement high on edge of Cable Bay Shear in north of property. • Eas
Slide 33: Pasfield Lake
PASFIELD LAKE • Held 100% by Terra Uranium For personal use only • 577 km2 of favourable units with Highly Anomalous Surface Sandstone Geochemistry Results, Airborne Magnetic and VTEM Anomalies, and Structural Targets Pasfield Pasfield – Historical – Historical 2006 VTEM 2006 VTEM AnomaliesPasfield
Slide 34: HawkRock
HAWKROCK • Held 100% by Terra Uranium For personal use only • 114 km2 of favourable units with Highly Anomalous Surface Sandstone Geochemistry Results, Airborne Magnetic / Radiometric and Structural Targets and Basement Contour Anomalies • Depth to basement 240 to 400m. • Minimal past work – nothing
Slide 35: Capital Structure & Use of Funds
CAPITAL STRUCTURE & USE OF FUNDS • Offer completed raise A$7,500,000 @ A$0.20 per share by the way of the Initial Public Offering. Enterprise Value on listing A$2.3M USE OF FUNDS • Top 20 own 56.11% For personal use only At Maximum Subscription • Listed 8 September 2022, open and close at 36c • Mark
Slide 36: Environmental Social and Governance (ESG)
Environmental Social and Governance (ESG) For personal use only We believe that nuclear has a major role to play a role in clean energy and the decarbonisation of the world electrical power system. The Board is responsible for the corporate governance of the Company and protecting the rights and int
Slide 37: Thank You
Thank You For personal use only Andrew J Vigar Executive Chairman E: andrew@t92.com.au P: +61 427 711 122 www.t92.com.au Mike McClelland President Canada E: mike@t92.com.au P: +1 306 717 7044 www.t92.com.au Niv Dagan Peak Asset Management E: niv.dagan@peakassetmanagement.com.au P: +61 402 912 198