Laramide Resources Ltd. · TSX:LAM
Laramide Resources — Investor Presentation (March 2025)
28 slides from Laramide Resources's investor presentation, March 2025
Slide 1: TSX: LAM ASX: LAM OTCQX: LMRXF
March 2025 TSX: LAM ASX: LAM OTCQX: LMRXF LARAMIDE.com U
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: Laramide Resources
Laramide Resources Late-stage, low technical-risk assets acquired for their size and production potential Recently updated Mineral Resource Estimate significantly increases size of Westmoreland project in Australia 132 million pounds uranium resources* in total across five projects *See Technical In
Slide 4: Uranium is the product for which there is no substitute
“ … uranium is the product for which there is no substitute …” “ … we have never been at a moment in time with this big of an uncovered requirements gap in front of us. Utilities today between now and 2040 have to buy 2.1 billion pounds of uranium in order to meet their run-rate requirements. … This
Slide 5: A Global Uranium Portfolio: Key Assets in the World's Top Uranium-Producing Regions
A Global Uranium Portfolio: Key Assets in the World’s Top Uranium-Producing Regions Chu Sarysu, Kazakhstan La Sal, Utah Churchrock- Crownpoint, Grant’s Belt, New Mexico La Jara Mesa, Grant’s Belt, New Mexico Westmoreland, Queensland Murphy, Northern Territory U LARAMIDE RESOURCES LTD. 5
Slide 6: Corporate Snapshot
Corporate Snapshot TSX: LAM ASX:LAM OTCQX:LMRXF Shares on Issue2 249,405,734 Fully Diluted 266,215,734 Market Price (CAD) 3 $0.56 Market Cap CAD$140M 1. ASX CDIs are 1:1 into common shares and included in total Shares on Issue. 2. 2As at Feb 26, 2025. 3. 3As at Feb 26, 2024. Analyst Coverage James B
Slide 7: The Projects
The Projects 7
Slide 8: Prospective Timeline for Development – LOM Portfolio >20 years
Prospective Timeline for Development – LOM Portfolio >20 years Potential PROJECT Location Resource Size* Mine Profile Current Status Next Steps Production Capacity Offtake and ~ 3 MLb LA SAL Utah, U.S. @0.20% Underground Process Reopening 0.50 MLb/annum (Historic) Negotiations Permitting & LA JARA M
Slide 9: Portfolio includes ISR and Hard Rock Assets in Historically Significant Grants Mineral Belt
USA PROJECTS | New Mexico, Utah Portfolio includes ISR and Hard Rock Assets in Historically Significant Grants Mineral Belt, New Mexico; as well as a satellite asset in Utah U LARAMIDE RESOURCES LTD. 9
Slide 10: Favourable Politics Supporting U.S. Operations
Favourable Politics Supporting U.S. Operations Federal mandate to streamline permitting process for developing energy projects: “Golden Era of American Energy Dominance” “Unleash Commercial Nuclear Power in the U.S.: The long-awaited American nuclear renaissance must launch during President Trump’s
Slide 11: Progressing Research at Los Alamos Supports Final Permit
Progressing Research at Los Alamos Supports Final Permit Advanced permitting underway at Churchrock Project with federal approvals in place and state approvals pending. if starting today it would take 5-10 years for approvals no other comparable project in the U.S. in terms of scale (to date) U.
Slide 12: Churchrock-Crownpoint
USA PROJECTS | New Mexico Mineral Resource defined 50.82 M lbs. (Inferred)* Churchrock-Crownpoint Sediment-hosted, roll-front amenable to ISR mining *See Technical Information on Page 26. A High-Quality, Late-Stage ISR Uranium Asset This ISR project is one of the most prolific uranium ore bodies con
Slide 13: Churchrock PEA Highlights
USA PROJECTS | New Mexico Churchrock Project Pre-tax Cash Flows under Various Uranium Price Scenarios Churchrock 100,000 1,000,000 PEA Highlights Annualized Cumulative US$ ‘000s US$ ‘000s 80,000 Completion of a NI 43-101 PEA in January 2024 confirmed 800,000 potential for long-life, low-cost In Situ
Slide 14: Churchrock PEA Upside Opportunities
USA PROJECTS | New Mexico Churchrock PEA Upside Opportunities Potential for accelerated development of the resource beyond 1MLb/annum straight line case outlined in the PEA (existing license allows for a 3 MLb/annum capacity at planned CPP (Central Processing Plant); Potential for enhanced recoverie
Slide 15: Crownpoint
USA PROJECTS | New Mexico Crownpoint Additional Mineral Resources and Location for Regional Processing Facility NRC has approved the construction of a Central Processing Plant (“CPP”) at Crownpoint property Mineral Resource 5.08 MLbs (Inferred*) U3O8 @ 0.1%Mineral Resource 5.08 MLbs (Inferred*) U3O8
Slide 16: La Jara Mesa
USA PROJECTS | New Mexico La Jara Mesa EIS Process Underway 7.3 MLbs (M&I) and 3.2 MLbs (Inferred)*. EIS Progress has been begun with the USFS. Section Tribal Consultations have been taken place with continued tribal interest and responding to overall project. Two of the four major state permits app
Slide 17: Westmoreland Project
AUSTRALIA PROJECTS Westmoreland Project Project includes district scale exploration potential across Queensland and Northern Territory The consistency and scalability underscore economic viability and reinforce Westmoreland’s position as a potentially important future source of global uranium supply
Slide 18: Westmoreland 2016 PEA
AUSTRALIA PROJECTS Westmoreland 2016 PEA • PEA Completed in 2016: • Provides a Strong Economic Base Case for a Conventional Mine Plan • Tier 1 mine: low-risk, lowest quartile cost, conventional operation • Shallow, flat-flying deposit 2016 PEA Highlights*: Indicated: 36.0 M lbs U3O8 @ 0.09% Inferred
Slide 19: Westmoreland: Scalable, More potential for expansion and new discoveries
Westmoreland: Scalable More potential for expansion and new discoveries New Exploration Permit Granted for 32,700 hectares Updated Westmoreland Mineral Resource Estimate which includes a Maiden Resource Estimate for Long Pocket Resource expansion potential is largely wide open with many follow-up ta
Slide 20: Westmoreland MRE Update
Westmoreland MRE Update The updated Mineral Resource Estimate represents a 34% increase in Indicated Resources and an 11% increase in Inferred Resources, compared to the 2009 estimate. Deposit Tonnes Density g/m3 U3O8 ppm U3O8 Mlbs Indicated Redtree 14,000,000 2.5 880 26 Huarabagoo 2,500,000 2.6 890
Slide 21: Chu-Sarysu Project, Kazakhstan
Chu-Sarysu Project, Kazakhstan Orano JV Cameco JV with KAP with KAP • The Chu Sarysu basin hosts 60% of Kazakh U Production and 25% of Global Production • Laramide’s optioned claims (in light blue) are proximal to some of Kazataprom's largest uranium deposits and operational mines. • The Chu-Sarysu
Slide 22: Access to Excellent Historical Surveys Facilitates 2025 Drill Program
KAZAKHSTAN EXPLORATION Access to Excellent Historical Surveys Facilitates 2025 Drill Program Залежь 7И – 1 рудная скв Залежь 1И – 3 • Historical data from Kazakhstan’s state National рудные скв Geological Services which includes Soviet-era data has been acquired. Залежь 7К - 2 рудные скв Залежи 19К,
Slide 23: Management Team
Management Team Marc Henderson Dennis Gibson Rhys Davies Josh Leftwich Lloyd Jones Director, President & CEO Chief Financial Officer VP Exploration VP Ops & Strategic General Manager, Laramide President and Chief (CPA, CGA) (MGeol, MSc, MAIG, Development, U.S. Australia Executive Officer since 1995;
Slide 24: Board of Directors
Board of Directors John Booth Marc Henderson Jacqueline Allison Raffi Babikian John Mays Non-executive Director, President & Independent Director Independent Director Independent Director Chairman CEO Member of the Audit, Member of the Audit (Chair) Member of the Nominating Member of the Audit, Comp
Slide 25: Appendix
Appendix 25
Slide 26: Global Mineral Resources
CURRENT RESOURCES (NI 43-101 COMPLIANT)1 Contained U3O8 Cut-Off U3O8 Project Location Category Tonnes (M) U3O8 Grade (%) (M lbs) (%) Indicated 26.8 0.08 48.1 0.02 Queensland, Westmoreland Australia Global Inferred 11.8 0.07 17.7 0.02 Mineral Grants Mineral Belt, Churchrock2 Inferred 33.88 0.075 50.8
Slide 27: Short Primer on ISR
Short Primer on ISR The main advantage of ISR is that it skips the difficult and costly step of excavating large volumes of material. This means ISL mines require much less infrastructure and far fewer employees, keeping costs down The lack of excavation also means no giant open pits or sprawling, p
Slide 28: Contact
Marc Henderson U President, CEO & Director TEL (TORONTO) +1 416 599 7363 Ann Baines Director, Investor Relations TEL (TORONTO) +1 647 832 9904 EMAIL: ann@laramide.com TSX : LAM │ASX : LAM │ OTCQX: LMRXF www.LARAMIDE.com
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