Slide 1: Corporate Presentation
Laramide Resources Ltd. ASX/TSX: LAM | www.laramide.com Corporate Presentation March 2017 Building a low-cost production portfolio
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 accuracy, reliability, relevance or completeness of the material contained in the presentation and nothing contained in the presentation
Slide 3: Qualified Person and Cautionary Statement
Qualified Person and Cautionary Statement The supporting information provided in the market announcement “Laramide to acquire a substantial portfolio of ISR Projects” referred to in ASX listing rule 5.12 released to the market on 10 November 2015 continues to apply and has not materially changed. La
Slide 4: Laramide Resources Today: Well Positioned in Uranium Sector
Laramide Resources Today: Well Positioned in Uranium Sector Diversified portfolio of large and high-quality uranium projects located in United States and Australia. Laramide project jurisdictions benefit Laramide Resources Ltd. from low cost, low technical risk for U3O8 production Well positione
Slide 5: Enviable project portfolio of potential low-cost production
Enviable project portfolio of potential low-cost production Project Portfolio Churchrock and Crownpoint, New Mexico, U.S. Laramide Resources Recent acquisition createsLtd. a leading In Situ Recovery (ISR) division in a tier one jurisdiction with enhanced project economics and low operating costs
Slide 6: Laramide's Projects - Safe, Stable Jurisdictions in Producing Countries
Building a low-cost production portfolio Laramide’s Projects - Safe, Stable Jurisdictions in Producing Countries Laramide Resources Ltd. Corporate Office La Sal Churchrock and Crownpoint La Jara Mesa Westmoreland Laramide Project Office Major Global Laramide Uranium Suppliers Project Locations 6 Tie
Slide 7: Corporate Snapshot
TSX/ASX: LAM Corporate Snapshot John Booth – Non-Executive Chairman Ticker (ASX1/TSX) LAM • Qualified lawyer (Ontario, NY and DC), 25 years experience as Shares on Issue 112.7M banker, broker and fund manager in global capital markets Laramide Resources147.5M Ltd. • Previously worked for firms inclu
Slide 8: Uranium sector upgraded as uranium prices may have bottomed
TSX/ASX: LAM Uranium sector upgraded as uranium prices may have bottomed Equity capital and institutional investors returning Major uranium ETF forced began to receive in-flows to the sector and valuations improving of new capital in summer and add to underlying Laramide Resources Ltd. World’s
Slide 9: China's nuclear power forecast versus U.S.
Building a low-cost production portfolio China’s nuclear power forecast versus U.S. Additional reactors (GW) are planned in .70 China, including Laramide Resources Ltd. Actual + Forecast 2015-2020 60 (under construction or planned) some of the world's most 50 advanced, to give a 40 four-fold increas
Slide 10: Churchrock and Crownpoint Projects
Building a low-cost production portfolio Churchrock and Crownpoint Projects Laramide’s synergistic acquisition created a leading In-Situ Recovery (ISR) company Enhanced Laramide Resources overall Ltd. and fundability with royalty burden much reduced project economics Near-term development project
Slide 11: Overview of Churchrock and Mancos Resource Area
Building a low-cost production portfolio Overview of Churchrock and Mancos Resource Area Laramide Resources Ltd. Independent NI 43-101 Resource Estimate on mineral resources for Churchrock and Mancos to be completed in second quarter 2017. Historical work completed by Mobil and Uranium resources exc
Slide 12: Churchrock and Crownpoint Project Overview
TSX/ASX: LAM Churchrock and Crownpoint Project Overview Churchrock, Mancos and Strathmore/Churchrock Churchrock – Section 8 and 17 Laramide Resources Ltd. • Initial production area with Section 8 and 17 – most licenses/permits in hand • High-quality resource (see Technical Appendix) • Feasibility St
Slide 13: Churchrock Section 8
Building a low-cost production portfolio Churchrock Section 8 URI’s Feasibility Study1 (prepared by URI) highlights for Churchrock Section 8 only: Laramide Resources Ltd. ISR amenable NRC Licence in timely renewal from Section 8, 17 at Churchrock and Crownpoint Output toll-milled through URI
Slide 14: Conceptual Development Plan for Churchrock and Crownpoint
TSX/ASX: LAM Conceptual Development Plan for Churchrock and Crownpoint Initiated updated resource on Churchrock and Mancos by SRK of historical resource Laramide estimatesResources Ltd. on the newly consolidated projects (in accordance with JORC/ NI 43-101) Resource estimate to focus on Churchro
Slide 15: Uranium Company Comparison
Building a low-cost production portfolio Uranium Company Comparison Share Market Enterprise U3O8 TEV / U3O8 Median Price Cap Value Resources Resources Price / (C$ in millions) ($) ($MM) ($MM) (Mlbs) ($/lb) NAV Stage Location Laramide Resources Ltd. Ur-Energy $1.00 $143 $174 42.5 $4.10 0.77x Producin
Slide 16: Laramide's US Hard Rock Project Portfolio Summary
TSX/ASX: LAM Laramide’s US Hard Rock Project Portfolio Summary La Jara Mesa – Ambrosia Lake District, New La Sal – Lisbon Valley, Utah Laramide Resources Ltd. Mexico • Toll-milling agreement with nearby White Mesa • Mineral Resource estimate of 10.4 million Mill (Energy Fuels) in place pounds resour
Slide 17: Westmoreland: A Premier Asset in a Tier-1 Location
Westmoreland: developing a premier Australian uranium project Westmoreland: A Premier Asset in a Tier-1 Location Geological Setting • Proterozoic uranium province Laramide Resources covers Darwin to Mt Isa Ltd. • Sandstone hosted • Resource along 7km strike length • Mineralisation predominantly uran
Slide 18: Westmoreland Project Highlights
TSX/ASX: LAM Westmoreland Project Highlights Westmoreland is one of the 10 largest uranium deposits in Australia, Large Australian uranium and only one in a handful in the world not under control of a major deposit Laramide Resources Ltd. mining company Total resource of 51.9 million pounds of ura
Slide 19: Moving Westmoreland into Development
Moving Westmoreland into Development Laramide Resources Ltd. 19
Slide 20: Positive PEA on Westmoreland in 2016
Moving Westmoreland into Development Positive PEA on Westmoreland in 2016 Key Highlights of the PEA • Laramide Initial capitalResources expenditures of US$268M plus US$49M contingency are estimated to Ltd. construct the mine and a 2M tonne per annum (tpa) mill with a nameplate capacity of 4Mlb U3O8
Slide 21: Exploration Upside: Joint Ventures in the Northern Territory
TSX/ASX: LAM Exploration Upside: Joint Ventures in the Northern Territory Outstanding exploration upside from JV strategy to Laramide Resources control most of the large Ltd. mineralised system along the Westmoreland trend including: Laramide’s 100%- owned tenure on the Rio Tinto JV Queensland sid
Slide 22: Laramide Well Positioned in a Recovering Market
Building a low-cost production portfolio Laramide Well Positioned in a Recovering Market Strategic Objectives: U.S. ISR Projects Laramide Resources Ltd. Churchrock and Crownpoint acquisition completed Complete a JORC/NI 43-101 resource of the historical resource estimates on a consolidated pro
Slide 23: Laramide Management Team
TSX/ASX: LAM Laramide Management Team Marc Henderson Marc Henderson has more than 25 years experience as a senior officer operating mining companies including CEO President, CEO and Director (CFA) of Laramide since 2005. Marc is the former President and CEO of Aquiline Resources Inc., which was deve
Slide 24: Summary: Why Invest in Laramide?
Building a low-cost production portfolio Summary: Why Invest in Laramide? Late stage development projects, good grades, low technical risk Laramide Resources Ltd. Experienced management team with strong depth of expertise in developing and operating uranium mines including ISR Enviable U.S. pr
Slide 25: Contact Info
TSX/ASX: LAM Contact Info Marc Henderson Bryn Jones Westmoreland Laramide Resources Ltd. President and CEO Chief Operating Officer Phone (Toronto): 416 599 7363 Phone (Brisbane): (07) 3831 3407 Email: marc@laramide.com Email: bryn.jones@lcrpl.com.au Laramide Company Address Greg Ferron The Exchange
Slide 26: Technical Data Appendix
Laramide Resources Ltd. TECHNICAL DATA APPENDIX 26
Slide 27: Westmoreland Resource Estimate
Moving Westmoreland into Development Westmoreland Resource Estimate* Category Deposit Tonnes Uncut Cut ktonnes Mlbs Laramide Resources Ltd. Indicated Redtree 12,858,750 0.092 0.090 11.6 25.5 Huarabagoo 1,462,000 0.092 0.083 1.2 2.7 Junnagunna 4,364,750 0.082 0.081 3.5 7.8 18,685,500 0.089 0.088 16.4
Slide 28: Westmoreland 2016 PEA comparison to 2007 report
Moving Westmoreland into Development Westmoreland 2016 Preliminary Economic Assessment comparison to 2007 report Units Updated Previous Production Laramide Resources Ltd. MMlb Annual Production 3.5 3.0 Total Uranium Recovered MMlb 45.8 34.0 Met. Recovery % 95% 90% Mine Life Years 13 11.3 C1 Cash Cos
Slide 29: Summary of historical estimates of uranium mineral resources
Over 60 million lbs of historical resource Summary of historical estimates of uranium mineral resources Title of Report Source of Report Historical Resource Tons Average Lbs. of U308 Clarification Grade % U308 Resource Estimate on Behre Dolbear & Co. Measured and Indicated N/A N/A 18.6 million Laram
Slide 30: Churchrock Mineral Resource Estimate
Churchrock Mineral Resource Estimate Laramide Resources Ltd. URI Churchrock Estimated In-Place Mineral Resources1 Millions of Pounds of U3O82 Sections Measured Resources3 Indicated Resources Measured and Indicated Total 8 T16N R16W 6.5 6.5 9 T16N R16W 1.43 2.34 3.7 17 T16N R16W 8.45 8.4 Total 1.4 17
Slide 31: Mancos Mineral Resource Estimate
Mancos Mineral Resource Estimate URI Mancos Estimated In-Place Mineral Resources 1 Laramide Resources Ltd. Indicated Resources Sections Millions of Tons Percent U3O8 Millions of Pounds 7 T16N R16W 0.93 0.11 2.1 12 T16N R17W 1.82 0.14 4.9 13 T16N R17W 2.5 0.09 4.3 Total 5.2 0.11 11.3 1. As of March 1
Slide 32: Crownpoint Mineral Resource Estimate
Crownpoint Mineral Resource Estimate URI Crownpoint Estimated Resources 1 Laramide Resources Ltd. Pounds U3O8 In-Place in Millions Section Indicated Resource2 9-17-13 2.8 24-17-13 12.53 Total 15.3 1. As of March 1, 2010. Technical Report on the Crownpoint Project of Uranium Resources Inc. Behre Dolb
Slide 33: Churchrock Section 8 Feasibility Study / Reserve Estimate
Churchrock Section 8 Feasibility Study / Reserve Estimate URI Laramide Ltd. Section 8 Mineral Reserve Summary1 Churchrock Resources GT Cut-off = 0.25 Classification In-place Recoverable2 Tons Grade U3O8 Pounds U3O8 Pounds U3O8 (Millions) (Millions) (Millions) (Millions) Proven 0.72 0.11 2.0 1.3 Prob
Slide 34: Resource Estimate: Strathmore Churchrock Property Mineral Resource Summary
Resource Estimate URI Strathmore Churchrock Property Mineral Resource Summary1,2 Laramide Resources Ltd. Cut-off GT Tons Grade (%U3O8) Pounds (U3O8) Thickness (ft) Indicated 0.3 4,541,134 0.09 8,614,674 8.6 Measured 0.3 1,680,333 0.10 3,233,333 8.6 Measured and 0.3 6,221,467 0.10 11,848,007 8.6 Indi