Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Investor Presentation (April 2021)
27 slides from Purepoint Uranium's investor presentation, April 2021
Slide 1: Deliberately Positioned for Uranium’s Revival
Deliberately Positioned for Uranium’s Revival TSXV: PTU www.purepoint.ca www.purepoint.ca Q2 - 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: The Company We Keep
About Purepoint The Company We Keep Established in the Basin since 2002, Purepoint holds 12 highly prospective uranium projects in the Athabasca Basin. Its Hook Lake Project is a joint venture with two of the largest uranium suppliers in the world, Cameco Corp & Orano Canada and it is on trend with
Slide 4: Why Uranium? Why Purepoint?
About Purepoint Purepoint Uranium Group Inc. Why Uranium? Why Purepoint? To Date Now To Date Now • We are coming out of the • Elimination of excess • Hook Lake project in the • One of the most advanced acknowledged bottom of inventory to result in near Athabasca Basin’s Patterson portfolios of 100%-
Slide 5: Sustainable Operational Strategy
About Purepoint Sustainable Operational Strategy Allowed Purepoint to Remain Active and Relevant During the Down Cycle $3,000,000 $60.00 Since 2011: $2,500,000 $50.00 ü We have averaged $1,135,000 per year in $2,000,000 exploration spending while managing well $40.00 over twice that $1,500,000 ü We
Slide 6: Equities Anticipate a U Price Correction
About Purepoint Equities Anticipate a U Price Correction ($millions) Market Cap Movement (%change) In the last year, the value of uranium $16,000 200% equities has jumped approximately 130% $14,000 to over $16 billion 150% $12,000 PRODUCERS DEVELOPERS EXPLORERS 100% $10,000 Cameco Corp Anfield Energ
Slide 7: Established Pipeline of Uranium Projects
About Purepoint Established Pipeline of Uranium Projects Covering all stages of the exploration cycle Outside its flagship Hook Lake Project, driling to date on Smart Lake, Red Willow and Turnor Lake projects have all resulted in the identification of uranium mineralization and related exploration i
Slide 8: Aggressive Exploration Work Underway
About Purepoint Aggressive Exploration Work Underway Exploration Pipeline High Level Plan subject to change on availability of service providers , pending permit applications and seasonal weather conditions Projects May-21 June-21 July-21 Aug-21 Sept-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar- 22 Hoo
Slide 9: 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 10: Capital Structure
About Purepoint Capital Structure Deliberately Positioned for Uranium’s Revival TSX Venture: PTU Market Capitalization (as of April 8, 2021) $38.45 mm 52 Week Range $0.12 - $0.025 Shares Outstanding 320.45 mm Options (@$0.08 weighted avg.) 22.21 mm Warrants (@$0.10 weighted avg.) 99.00 mm Shares Ful
Slide 11: Hook Lake & The Patterson Corridor: A “Major” Exploration Project
Hook Lake & The Patterson A “Major” Exploration Project Corridor The Patterson Corridor is home to the largest uranium discoveries of this century, worldwide – NexGen’s Arrow Deposit & Fission’s Triple R Deposit Hook Lake JV & the The priority exploration project of two of the world’s Patterson Corr
Slide 12: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor 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
Slide 13: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor Mineralization Trend . ü Along central cluster of graphitic conductors . (Patterson Corridor) ü Appearing in transition zones . between gravity highs and lows . www.purepoint.ca 13
Slide 14: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor “W”-Conductor North Priority Targets Sabre Target Area Carter Conductor • Sabre Target Area Current Year Drill Program • W Conductor – Far North “U” Conductor • U Conductor • SE Conductor • Carter Conductor SE Conductor www.purepoint.ca 14
Slide 15: Hook Lake & The Patterson Corridor
Hook Lake & The Patterson Corridor Hole HK20-115 2021 Winter Program Completed Hole HK21-A • 400m step out from hole HK19-105 • HK19-105; radioactivity and extensive alteration Hole HK21-C Hole HK21-B • 800m step out from hole HK19-115 Hole HK19-105 Hole HK21-B Hole HK21-C • Follow up of hole HK19-1
Slide 16: 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 17: 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 18: Smart Lake
Smart Lake Smart Lake JV with Cameco In Partnership with Cameco Description: • 9,860 hectares situated in the southwestern portion of the Athabasca Basin • Joint Venture: • Purepoint – 27% • Cameco – 73% • Operator: Purepoint • Assessment held until: July 2024 www.purepoint.ca 18
Slide 19: Smart Lake
Smart Lake Smart Lake JV with Cameco In Partnership with Cameco Description: • Staked originally by Cameco due to its direct geological connection to the Shea Creek Deposits to the Max. grade of 58.3% U3O8 over 3.5m north • Smart Lake conductors seen as an extension of the Saskatoon Lake conductor s
Slide 20: Smart Lake
Smart Lake Smart Lake JV with Cameco In Partnership with Cameco Description: • Only one first pass drill program to date (by Purepoint) • Mineralization identified in first hole • SMT08-005: 147ppmU over 15.3m www.purepoint.ca 20
Slide 21: Turnor Lake
Turnor Lake Turnor Lake 100% owned Drilling to date has identified a large region of elevated uranium Serin Conductor ISO Energy’s Hurricane Zone SEISMIC LINE 33.9% U3O8 over 8.5 m SMDC 1985 Purepoint IsoEnergy Denison ddh OD-1 0.06% U3O8 over 3.4 m Description: La Roque Showing • 9,706 hectares sit
Slide 22: Turnor Lake
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 identified a 50m thrust fault At the Serin Conductor (setting similar to MacArthur River Deposit) www.purepoint.ca 22
Slide 23: Red Willow
Red Willow Red Willow 100% owned A host of ready targets Description: • 22 mineral claims having a total area of 40,116 hectares • 100% Owned • Assessment held until: March 2025 www.purepoint.ca 23
Slide 24: Red Willow
Red Willow Red Willow 100% owned A host of ready targets Description: • Area 333 represents the best hole of a 350-hole overburden drill program carried out by Gulf Oil down the eastern edge of the Basin in 1975 • Hole RD-333 returned .31% U3O8 in the overburden and despite plans, was never followed
Slide 25: Henday Lake
Henday Lake Henday Lake 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 co
Slide 26: Deliberately Positioned for Uranium Revival
Summary Deliberately Positioned for Uranium Revival • A deep history of operating in the Athabasca Basin • An unparalleled pipeline of uranium projects • A fully funded and aggressive exploration schedule underway Purepoint can demonstrate superior potential for new discoveries as we enter a new pha
Slide 27: 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 27
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