Bedford Metals Corp · TSXV:BFM
Bedford Metals — Investor Presentation (July 2024)
22 slides from Bedford Metals's investor presentation, Jul 23, 2024
Slide 1: Bedford Metals Corp Corporate Presentation 2024
BEDFORD METALS CORP CANADIAN URANIUM AND GOLD MINING Corporate Presentation 2024 TSX.V: BFM OTC: URGYF
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation of Bedford Metals Inc. (“Bedford”) relies upon litigation protection for “forward-looking” and speculative statements. The information in this presentation may contain forward-looking information under applicable securities laws. This forward-looking info
Slide 3: Global U3O8
GLOBAL U308 The majority of Canada’s uranium resources are in high- grade deposits, ~100x the world average. The Athabasca Basin in 80% northern Saskatchewan has high-grade uranium of Canadian uranium exported annually which can run from 1-3% uranium in deposits 15% 10% 13% located 200 m or below Wo
Slide 4: Why Uranium?
WHY URANIUM? Uranium is a relatively The use of nuclear energy Nuclear energy common metal, found in 1 kg of uranium for electricity generation generated from rocks and seawater. contains the same is considered extremely uranium is considered Economic amount of energy as safe in modern times a relia
Slide 5: Uranium Market Outlook
URANIUM MARKET OUTLOOK Sprott, leader in natural resource investment, has launched a successful uranium physical holding ETF and states the Uranium Bull Market Is underway, potentially with room to run (1968- 3/31/2024) Source: https://sprott.com/insights/nuclear -revival-a-resurgence-for-uranium-mi
Slide 6: Numbers of Nuclear Reactors 2024 in Canada
Numbers of Nuclear Reactors 2024 in Canada 5 plants in 3 provinces house 22 nuclear power reactors, providing 15% of Canada’s electricity % of Compounded Annual Growth in Micro and Small Reactors The small module reactor market is expected to reach 72.4 billion by 2033 and 295 billion by 2043 Source
Slide 7: Uranium Prices Spiking
Uranium Price Chart URANIUM PRICES SPIKING Spot price Robust pricing allowing prices to bounce back from the lows Long term of last decade - clean energy price demand emerging Million Tonnes Demand Uranium prices rising through 2024 The last time the price of uranium hit record highs similar to this
Slide 8: Solid Position Growth
Solid Position Growth Solid uranium exploration potential A leading company for uranium exploration exposure through exploring Strategic land position known areas of high grade uranium discoveries, joint Pro uranium team venture growth, strategic land package, backed by team with decades of proven F
Slide 9: Uranium Shortage
Total global production in 2022 only covered 74% of world demand URANIUM SHORTAGE In 2022 about two-thirds of the world’s uranium production was from Kazakhstan, Canada, and Australia who have been leading producers along with Namibia for the past decade. Source: World Nuclear Association www. world
Slide 10: Ubiquity Lake Project
UBIQUITY LAKE PROJECT URANIUM ATHABASCA BASIN (SASKATCHEWAN)
Slide 11: Uranium - Heart of Athabasca
URANIUM - HEART OF ATHABASCA • The Ubiquity Lake Uranium Project covers 1,382 hectares • Strategically positioned south of the Athabasca Basin's southern edge. • East adjacent to the highly productive Cable Bay and Virgin River Shear Zones, known for rich uranium deposits such as Cameco's Centennial
Slide 12: Uranium - Mag Survey
URANIUM - MAG SURVEY • A comprehensive GEOTEM survey of the Ubiquity Lake Project uncovered a significant southeast-trending conductor for many kilometres. • Alpha Exploration (2014) conducted a VTEM survey and surface sampling, which confirmed the initial findings and revealed an electromagnetic fe
Slide 13: Uranium - Sample Results
URANIUM - SAMPLE RESULTS • TZ-1, a sample measuring 678 ppm U (Uranium), 679 ppm Th, and 449 ppm Mo from a quartz-rich pegmatitic granitic gneiss boulder was identified. • TZ-1 lies in the West Central magnetic domain and is characterized by weak to medium DPRs and SPRs. DPR profiles indicate it dip
Slide 14: Close Lake Project
CLOSE LAKE PROJECT URANIUM ATHABASCA BASIN
Slide 15: Close Lake Uranium
CLOSE LAKE URANIUM • Located on the Eastern side of the Athabasca basin (high grade target) • Approximately 245 hectares in area • Resides within the primary exploration corridor • Great infrastructure with a road network and various trails Close lake uranium project visualized on a map Page 15
Slide 16: Close Lake Uranium
CLOSE LAKE URANIUM Prime Uranium Area - Majors Showing Interests Nearby In 2018, Orano / Cameco completed an ML-TEM ground survey on claims adjacent to the Corner Lake claim. The survey was successful in identifying a conducive array lying within a magnetic low: the classic uranium exploration targe
Slide 17: Marguerite Gold
MARGUERITE GOLD GOLD IN BRITISH COLUMBIA
Slide 18: Project Overview
PROJECT OVERVIEW Exploring for gold Mining Activity • Bedford Metals proudly owns a 100% interest in the Margurete Gold Project, located approximately 200 kilometers northwest of Vancouver in southwest British Columbia. • Spanning 687 ha in a historically gold-rich region, comprehensive exploration
Slide 19: Catalysts to BFM Exploration
CATALYST Evaluation JV or do we continue exploring TO BFM EXPLORATION Results ourselves and fund next steps? Initial Drilling Q4 Program Commences 2025 Q2-3 Community / Permitting 2025 Permitting for drilling in Saskatewan Plan & Financing Plan and finance for Q1-2 exploration program in 2025 2024 Q
Slide 20: Capital Structure & Stock
CAPITAL STRUCTURE & STOCK Capital Structure Current Shares O/S 50,525,989 Options 0 Warrants 5,400,675 Market $108.5 Million Capitalization TSX.V: BFM OTC: URGYF Page 20
Slide 21: Meet Our Team
MEET OUR TEAM MANAGEMENT & DIRECTORS PETER BORN MARK FERGUSON RICHARD KO GIL SCHNEIDER P.GEO, PH.D. BA, BS.C BA, CPA, CA Director CEO, President & Director Director CFO & Director Mr. Schneider was Vice President of New Dr. Born is a registered Mr. Ferguson worked in the Trust Mr. Ko is a Chartered
Slide 22: Contact Us
Contact Us BFM:TSX-V Website Phone Email www.bedfordmetals.com (604) 622 1199 info@bedfordmetals.com Page 22