Laramide Resources Ltd. · TSX:LAM
Laramide Resources — H.C. Wainwright Global Investment Conference 2022
25 slides from Laramide Resources's conference presentation, Sep 13, 2022
Slide 1: Corporate Update - Developing Tomorrow's Clean Energy
SEPTEMBER 2022 TSX: LAM Developing Tomorrow’s Clean Energy ASX: LAM For personal use only CORPORATE UPDATE OTCQX: LMRXF laramide.com 1 LARAMIDE RESOURCES LTD. Developing Tomorrow’s Clean Energy
Slide 2: Disclaimer
Disclaimer This presentation is provided on the basis that neither the Company nor its representatives or advisors make any warranty (express or implied) as to the Exploration Target Size described in this presentation is conceptual in nature and should not be construed as a JORC compliant Mineral R
Slide 3: Moving Forward to Production: Investment Highlights
Moving Forward to Production INVESTMENT HIGHLIGHTS For personal use only High-quality cornerstone assets located in geopolitically friendly jurisdictions: The U.S. and Australia 115 million pounds Capitalized to achieve next critical uranium resources across milestones on major assets five projects
Slide 4: Production & Demand Imbalance Likely to Grow
PRODUCTION & DEMAND IMBALANCE LIKELY TO GROW Uranium Nuclear Power: Demand For personal use only Clean Energy Solution Uranium Production Source: UxC LLC. Data as of 6/30/2021. Methodology for estimates is outlined in the International Atomic Energy Agency report “Analysis of Uranium Supply to 2050”
Slide 5: Laramide Project Pipeline
Building a Sustainable Company LARAMIDE PROJECT PIPELINE For personal use only CROWNPOINT CHURCHROCK LA JARA MESA LA SAL • ISR • ISR • Indicated 7.2 mlbs @ 0.23% 60 miles from Energy Fuels’ • Inferred 5.1 mlbs @ 0.102% • Inferred 50.8 mlbs • EIS partially complete White Mesa Mill • NRC License @ 0.0
Slide 6: U.S. Portfolio
For personal use only U.S. Portfolio Crownpoint Churchrock La Jara Mesa UTAH • Brown-field, developed assets with many permits in place • Acquired for their size and potential La Sal NEW MEXICO production capabilities • The size and recovery profile is attractive to utilities looking for stable sour
Slide 7: USA Projects | New Mexico
USA PROJECTS | New Mexico Crownpoint LARAMIDE RESOURCES For personal use only ISR Portfolio and 5.1 Million Lbs. Hard Rock Assets in Historically Significant Grants La Jara Mesa LARAMIDE RESOURCES 7.2 Million Lbs. Mineral Belt, Churchrock LARAMIDE RESOURCES New Mexico 50.8 Million Lbs. Approximate m
Slide 8: Churchrock: A High-Quality, Production Ready ISR Uranium Asset
USA PROJECTS | New Mexico Churchrock A High-Quality, Production Ready For personal use only ISR Uranium Asset Low-cost mine methodology In-Situ Recovery (ISR) Seven sections of land in northern NM (> 4,160 acres) Mineral Resource defined 50.82 M lbs. (Inferred) Mineral rights include patented mining
Slide 9: Churchrock Project Details & Updates
USA PROJECTS | New Mexico Churchrock Project Details & Updates For personal use only Section 8 Feasibility Study1 completed by previous operator describes a low initial capital, staged ramp up For placement only -- This plan describes initial production of 1 million pounds per year, ramping up to 3
Slide 10: La Sal
USA PROJECTS | Utah La Sal For personal use only Located in Lisbon Valley, near Energy Fuels’ White Mesa Mills Small scale underground project Permits in hand to commence a bulk sample program (400-500Klb per annum) Previous owner, Homestake Mining Company developed a decline and a ventilation raise
Slide 11: La Jara Mesa
USA PROJECTS | New Mexico La Jara Mesa For personal use only 156 unpatented mining claims over 2280 Historical resource estimates were calculated acres bought from Barrick Gold (successor to by Homestake Mining and are considered to be Plans for carefully and diligently interpreted Homestake Mining)
Slide 12: Australia Portfolio
For personal use only NORTHERN TERRITORY Westmoreland Murphy NORTHERN TERRITORY QUEENSLAND Australia Portfolio • Australia holds the largest uranium resources in the world • Laramide acquired previously owned projects and inherited high-quality resources 12 LARAMIDE RESOURCES LTD. Developing Develop
Slide 13: Westmoreland: Cornerstone Asset With District Scale Potential
AUSTRALIA PROJECTS Amphitheatre Junnagunna Westmoreland: For personal use only Cornerstone Asset Redtree With District Scale MURPHY Potential Huarabagoo Longpocket WESTMORELAND (Sue/Outcamp) Radiometric Anomaly Mineral Resource Prospects Westmoreland Conglomerate N Westmoreland Project Murphy Projec
Slide 14: Westmoreland Scoping Resource and Economics
AUSTRALIA PROJECTS SCOPING RESOURCE: CUT-OFF 0.02% U3O8 Westmoreland Indicated: 36.0 M lbs U3O8 @ 0.09 Lowest Quartile Producer For personal use only Inferred: 15.9 M lbs U3O8 @ 0.08 Mining Method LOM Operating Cost: • Westmoreland is one of the largest undeveloped Per tonne US $39.70 uranium deposi
Slide 15: Westmoreland Amphitheatre Current Exploration Activities
AUSTRALIA PROJECTS Westmoreland Amphitheatre Current Exploration Activities For personal use only on Identified Anomalies Drill program completed in July 2022 at Amphitheatre • Target is located ~16.5 km NE of Junnagunna deposit and expresses a radiometric anomaly • Was a subject of historical explo
Slide 16: Murphy Project: Consolidating the Region
AUSTRALIA PROJECTS Murphy Project Consolidating the Region For personal use only Strategic acquisition to control most of the large mineralised system along the Westmoreland trend. The Murphy Uranium Province produced high-grade uranium during the 1950s; and has not seen any meaningful exploration a
Slide 17: Murphy Project Exploration Plans
AUSTRALIA PROJECTS Murphy Project Exploration Plans For personal use only Laramide has identified a number of specific, untested structural targets that the company considers favourable for more Westmoreland style uranium mineralisation Exploration has consisted of airborne magnetics and radiometric
Slide 18: Value Drivers
Value Drivers For personal use only Initiation of meaningful Continuing Uranium Results from current exploration, including price recovery and Completion of initial initial drilling, at the drill program at initiation of Churchrock PEA Murphy Project, Westmoreland meaningful utility Northern Territo
Slide 19: Management Team
Management Team For personal use only Marc Henderson Lloyd Jones David Thomas Dennis Gibson Director, President & CEO General Manager, Australia General Manager, U.S. Operations Chief Financial Officer (CPA, CGA) More than 30 years experience Senior executive and engineer Dennis Gibson has been Lara
Slide 20: Board of Directors
Board of Directors For personal use only John Booth Marc Henderson Jacqueline Allison Raffi Babikian Scott Patterson Non-executive Chairman Director, President & CEO Independent Director Independent Director Independent Directo Member of the Mr. Henderson has been Member of the Audit, Member of the
Slide 21: Corporate Snapshot
Corporate Snapshot Shares on Issue2 Fully Diluted 208M 233.5M Tight market structure and clean For personal use only Market Price (CAD) 3 $0.61 balance sheet; Solid insider ownership Market Cap CAD$126.9M Cash & Investments4 CAD$9.7M PUBLICLY TRADED LAM LAM LMRXF TSX ASX1 OTCQX 11% Management/Direct
Slide 22: Appendix
For personal use only Appendix 22 LARAMIDE RESOURCES LTD. Developing DevelopingTomorrow’s Tomorrow’sEnergy Clean Energy Today
Slide 23: Current Resources (NI 43-101 Compliant)
APPENDIX CURRENT RESOURCES (NI 43-101 COMPLIANT) Global Project Location Category Tonnes (M) U3O8 Grade (%) Contained U3O8 (M lbs) Cut-Off U3O8 (%) Mineral Indicated 18.7 0.09 36.0 0.02 For personal use only Westmoreland Queensland, Australia Inferred 9.0 0.08 15.9 0.02 Resources Grants Mineral Belt
Slide 24: Cautionary Statement regarding Mineral Resource Estimates
Disclaimer Cautionary Statement regarding Mineral Resource Estimates This presentation uses the terms measured, indicated and inferred mineral • Scoping Study for the Westmoreland Uranium Project, prepared in For personal use only resources as a relative measure of the level of confidence in the res
Slide 25: Contact
Marc Henderson For personal use only President, CEO & Director TEL (TORONTO) +1 416 599 7363 EMAIL LARAMIDE info@laramide.com CORPORATE OFFICE The Exchange Tower 130 King Street West Suite 3680, PO Box 99 Ann Baines Toronto, Ontario Director, Investor Relations Canada M5X 1B1 TEL (TORONTO) +1 647 83
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