Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Investor Presentation (November 2021)
23 slides from Purepoint Uranium's investor presentation, November 2021
Slide 1: Exploration 2022: Lighting Up the Basin
Exploration 2022 Lighting Up the Basin November 2021 TSXV: PTU/ OTCQB: PTUUF www.purepoint.ca www.purepoint.ca Q4 - 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: About Purepoint: Why Purepoint?
About Purepoint Why Purepoint? To Date Now Our Partners • Hook Lake project in the • One of the most advanced Athabasca Basin’s Patterson portfolios of 100%-owned Uranium District projects in the Athabasca Basin • High-Grade Discoveries already made on trend with • A pipeline of 12 advanced this cen
Slide 4: Active Portfolio Across the Athabasca Basin
Athabasca Basin Active Portfolio Across the Athabasca Basin Portfolio Priority Projects - Initial Discoveries Ready for Follow Up 1. Hook Lake JV Spitfire Deposit HK16-53 23.95% U3O8 over 4.2 metres incl. 53.3% U3O8 over 1.3 metres 2. Red Willow Osprey Zone RW-19 0.12% U3O8 over 4.0 metres; and RW-4
Slide 5: Prices Correcting in Tandem
About Purepoint Prices Correcting in Tandem % Price Changes Jan 1, 2021 (to Nov 19/21) Key Observations: ü Since SPUT commenced regular Spot buying in July, U.UN mirrors Spot Price ü Abrupt adjustment in U prices seen in September (~20-25%) ü Equity prices are clearly outpacing the rise in uranium p
Slide 6: Highly Qualified Leadership Team
About Purepoint Highly Qualified Leadership Team With Decades of Experience in the Basin Chris Frostad, BBA, CA, CPA - President & CEO and Director Linda Tong, GIS Specialist • 35+ years of experience in the development and building a variety of high growth, • 20+ years of experience in GIS applicat
Slide 7: Capital Structure
About Purepoint Capital Structure Funded For Upcoming Exploration Schedule TSX Venture: PTU/ OTCQB: PTUUF Market Capitalization (as of October 31, 2021) $43.21mm 52 Week Range $0.195 - $0.035 Shares Outstanding 332.42 mm Options (@$0.09 weighted avg.) 23.99 mm Warrants (@$0.11 weighted avg.) 79.81 m
Slide 8: Hook Lake: A "Major" Exploration Project
Hook Lake A “Major” Exploration Project The Patterson Corridor is home to the largest uranium discoveries of this century, worldwide – NexGen’s Arrow Deposit & Fission’s Triple R Deposit The priority exploration project of two of the world’s Hook Lake Joint Venture largest suppliers of Uranium – Cam
Slide 9: Hook Lake
Hook Lake 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 Resource • 102,360,000 lbs U3O8 •
Slide 10: Hook Lake
Hook Lake Current Priority • Carter Conductor 2022 Focus • 25km band of graphitic conductors • Long lived, reactivated fault zone • Clearwater Domain (in blue) believed to be the heat source responsible for the formation the local high- grade uranium deposits. www.purepoint.ca 10
Slide 11: Deep Portfolio of Advanced and Highly Prospective Projects
Athabasca Basin Deep Portfolio of Advanced and Highly Portfolio Prospective Projects Since 2002, Purepoint has acquired and explored over 500,000 hectares of property across the Athabasca Basin, quickly and efficiently releasing those demonstrating the fewest prospects. What remains is a collection
Slide 12: Portfolio of Projects in the Athabasca Basin
Athabasca Basin Portfolio of Projects in the Athabasca Basin Portfolio 182,261 Hectares Covering All Stages of the Exploration Cycle Umfreville 18,273 ha Turnor Lake 9,705 ha Carson Lake 4,972 ha Red Willow 40,116 ha Henday 1,029 ha Russel South 13,320 ha Smart Lake 9,800 ha Tabbernor Block • JebRav
Slide 13: Aggressive Exploration Work Underway
About Purepoint Aggressive Exploration Work Underway Exploration Pipeline High Level Plan subject to change based on seasonal weather conditions Project Q4 2021 Q1 2022 Q2 2022 Q3 2022 Currently Drilling Results Henday Lake (up to 2,500 m) available Drilling Results Red Willow (up to 6,000 m) availa
Slide 14: Henday: Untested Target Among Numerous Discoveries
Henday Henday 100% owned Untested Target Among Numerous Discoveries Description: • During 2010, Purepoint conducted an airborne magnetic and electromagnetic survey and completed an initial interpretation • Electromagnetic conductors are on trend with an interpreted East-West alteration corridor whic
Slide 15: Henday: Fall 2021 Inaugural Drill Program
Henday Henday 100% owned Fall 2021 – Inaugural Drill Program Current Program (ongoing): • Five (5) initial diamond drill holes at an average depth of approximately 450 to 500 metres each • Targeted electromagnetic conductors lie within an east-west- trending magnetic low, considered to represent pel
Slide 16: Red Willow: A Host of Ready Targets
Red Willow Red Willow 100% owned A Host of Ready Targets Denison RL13-16 0.45% U3O8 over 2.3 m AJ Showing 0.45% U3O8 over 2.3 m FDL Showing Description: Up to 1.43% U3O8 • 22 mineral claims having a total area of Turkey Showing 0.07% U3O8 over 4.9 m 40,116 hectares Sphinx Showing 0.73% Cu over 4.5 m
Slide 17: Red Willow: A Host of Ready Targets
Red Willow Red Willow 100% owned A Host of Ready Targets Topping Island Golden Eye Zone CBA Zone Description: • 22 mineral claims having a total area of Osprey Zone 40,116 hectares • 100% Owned Geneva Lyon Lake Zone • 2022 Drill Program: Zone • Priority targets • Osprey Zone Dancing Lake Zones • Gen
Slide 18: Red Willow Osprey Zone: Expanding the Discovery
Red Willow Osprey Zone 100% owned Expanding the Discovery Focus: • Osprey mineralization remains wide open to the East • Area covered by large uranium in soil anomaly • Osprey conductor untested for several km to the north Objective: • Determine if Osprey opens to a larger expanded deposit www.purep
Slide 19: Geneva/Radon Zones
Red Willow Geneva/Radon Zones 100% owned Testing for Basement Hosted Deposits Opportunity for discovery: • Historic drilling did not test for basement style deposits. • Prospective area represented by a triangular region cornered by: ü RAD-27, 0.22% U3O8 over 1.0m; ü RAD08-09, 283 ppm U3O8 over 1.0m
Slide 20: Turnor Lake: Large Region of Elevated Uranium
Turnor Lake Turnor Lake 100% owned Drilling to Date Has Identified a Large Region of Elevated Uranium ISO Energy’s Hurricane Zone 33.9% U3O8 over 8.5 m Purepoint IsoEnergy Denison ddh OD-1 0.06% U3O8 over 3.4 m Description: La Roque Showing • 9,706 hectares situated in the 29.9% U3O8 over 7.0 m east
Slide 21: Turnor Lake: Serin Conductor
Turnor Lake Turnor Lake 100% owned Drilling to Date Has Identified a Large Region of Elevated Uranium Serin Conductor SEISMIC LINE SMDC 1985 Seismic survey interpreted a 150m thrust fault At the Serin Conductor (setting similar to MacArthur River Deposit) www.purepoint.ca 21
Slide 22: Capitalizing on Uranium's Explosive Revival
Summary Capitalizing on Uranium’s Explosive Revival • A deep history of operating in the Athabasca Basin • An unparalleled pipeline of uranium projects • An aggressive exploration schedule underway Purepoint can demonstrate superior potential for new discoveries as we enter a new phase of the uraniu
Slide 23: 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 23
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