F3 Uranium Corp · TSXV:FUU
F3 Uranium — Investor Presentation (January 2024)
30 slides from F3 Uranium's investor presentation, Jan 2, 2024
Slide 1: 2024 Investor Presentation
2024 INVESTOR PRESENTATION F3URANIUM.COM Click to edit Master title style TSX-V : FUU | OTCQB: FUUFF | FSE:2F3A
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”,
Slide 3: F3 Highlights
F3 Highlights • Tier One Asset. Experienced, recognized management and technical team with 3 uranium discoveries. • Nov 21, ‘22 High Grade Discovery Hole PLN22-035 (15.0 m @ 7% U3O8 including 5.5 m @ 18.6%) • Mar 27, ‘23 High Grade Intercept Hole PLN23-060 (14.5 m @ 9.4% U3O8 including 5.0 m @ 26.7%
Slide 4: $15 Million Strategic Investment
$15 Million Strategic Investment Denison Mines announces a $15 million investment with F3 in the form of a convertible debenture. The Debentures will carry a 9% coupon (the "Interest"), payable quarterly over a 5-year term and will be convertible at Denison's option into common shares of F3 at a con
Slide 5: B1 Shear Zone is Highly Prospective for Potential New Discovery
B1 Shear Zone is Highly Prospective for Potential New Discovery Hole PLN 23-102 (line 3450S) Drill Core Lower Athabasca Sandstone, Unconformity and Basement - sandstone dissolution and intense sandstone and basement alteration observed Unconformity depth: 356.3 m downhole (marked in photo) Click to
Slide 6: COP28 - Nuclear to Triple by 2050
Projection COP28 - Nuclear to Triple by 2050 The U.S. and more than 20 other countries pledged to triple nuclear power by 2050 to achieve net-zero carbon emissions and limit climate change. *COP28 ‘23 II 436 RUSSIA: 46 IN OPERATION Click to edit Master title style EUROPE: 7 61 CHINA: 221 USA:23 SAUD
Slide 7: Nuclear Power Demand Continues to Increase
Rising Demand Nuclear Power Demand Continues to Increase • Morgan Stanley’s Commodity Research has named URANIUM as the 473 #1 investment for the next 12 months. Click to edit Master title style Source: mining.com August 15, 2022, https://www.mining.com/uranium-tops-morgan-stanleys-commodity-thermom
Slide 8: Small Modular Reactors (SMR's)
Small Modular Reactors (SMR’s) • SMRs will offer advantages such as small physical footprints, reduced capital investment, ability to be sited in locations not possible for larger nuclear plants, and provisions for incremental power additions. • Rolls-Royce has been backed by a consortium of private
Slide 9: Building Shareholder Value Since 1996
Building Shareholder Value Since 1996 Strathmore Minerals Corp (SMC) Energy Fuels *$2M Mkt Cap to $457M (‘07) US Assets *Acquires SMC and it’s US assets (‘13) * JV Sumitomo $50M CDN Assets Fission Energy Corp (‘07) *(Strathmore Canadian Assets) *JV KEPCO (Korea) $44M Fission Uranium Corp (‘13) *J-Zo
Slide 10: Highest Grade Uranium in the World
Athabasca Basin Highest Grade Uranium in the World Top 5 Global Producers +60 years of mining with the world’s highest uranium grades. Click to edit Master title style 2.5 13.2% Of the world’s uranium 2 % U3O8 1.5 –– JURISDICTION 1 Saskatchewan was ranked as the #2 jurisdiction in the world for mini
Slide 11: Award Winning Team with a Track Record of Uranium Discoveries
Award Winning Team with a Track Record of Uranium Discoveries F3 has the team responsible for 3 major uranium discoveries in the Athabasca Basin. The J Zone at Waterbury (unconformity model), Fission Uranium’s Triple R at PLS (basement hosted model), and most recently the JR Zone at PLN. This award-
Slide 12: Our Approach: Identifying Major Uranium Deposits
Our Approach Identifying Major Uranium Deposits • Airborne EM Surveys – identify conductors which define the structural corridors along which uranium deposits occur. Click to edit Master title style • Airborne Magnetic Surveys - can be interpreted to find the cross structures which are often where t
Slide 13: Key Signatures of High-Grade Athabasca Uranium
Analysis Key Signatures of High-Grade Athabasca Uranium ATTRIBUTES OF ATHABASCA URANIUM A1 Shear Zone B1 Shear Zone DEPOSITS Click to edit Master title style • Graphitic Conductor • Structural Corridor • Clay Alteration / Bleaching • Anomalous Radioactivity • Uranium Geochemistry • Pathfinder Elemen
Slide 14: Initial Discovery Holes Width Max CPS
Initial Discovery Holes Width Max CPS Radioactivity and Drill Intersection (downhole) (counts per second) NexGen – Arrow RK-14-21 (Feb 2014) 26.5 m >9,999* Assay: 5.75m @ 0.37% U3O8 Handheld Exploranium GR-110 scintillometer ISO Energy - Hurricane LE18-01A (July 2018) 8.5 m >15,000* Assay: 1.26% ove
Slide 15: 2022 – 2023 Exploration Work
2022 – 2023 Exploration Work 2022 Exploration • PLN – Broach / N Conductor • Hearty Bay • Lazy Edward Bay • Murphy Lake • PLN JR Zone Discovery 2023 Exploration • PLN – JR Zone Drilling and Exploration for New Uranium Pods • Hearty Bay Sampling
Slide 16: PLN Property
Fav. Patterson Lake North Project PLN, Minto and Broach Property Locations Minto — Property (19,864 Ha) JR Zone Al Main ‘Shear Zone PLN PROPERTY Bt Main WA d Shear Zone Broach Property (16,004 Ha) oo Ree Property (4,074 Ha) aN \ Triple R co \ Deposit
Slide 17: JR Zone Discovery Hole and Drill Core
JR ZONE JR ZONE Discovery Hole PLN22-035 Drill Core PLN23-060 (line 060S) Drill Core SPEC: 1.0m of continuous off-scale >65,535 cps SPEC: 3.82m of continuous off-scale >65,535 cps ASSAY: 15.0m @ 6.97% U3O8 (257.5m to 272.5m) ASSAY: 14.5m @ 9.4% U3O8 (238.5m to 253.0m) • including 5.5m @ 18.6% U3O8 (
Slide 18: PLN – JR Zone Expansion Drilling
PLN – JR Zone Expansion Drilling
Slide 19: PLN – JR Zone Expansion Drilling
PLN – JR Zone Expansion Drilling
Slide 20: B1 Shear - Increasingly Prospective for Uranium Mineralization
B1 Shear - Increasingly Prospective for Uranium Mineralization - line 3240S Click to edit Master title style
Slide 21: PLN – JR Zone A1 Main Shear Zone Expansion Drilling
PLN – JR Zone A1 Main Shear Zone Expansion Drilling Section Line 00N
Slide 22: PLN – JR Zone A1B Shear Zone Discovery Exploration Drilling
PLN – JR Zone A1B Shear Zone Discovery Exploration Drilling Section Line 3450S
Slide 23: PLN – JR Zone A1B Shear Zone Discovery Exploration Drilling
PLN – JR Zone A1B Shear Zone Discovery Exploration Drilling Section Line 3450S
Slide 24: PLN Property Mobile MT Airborne EM Survey
PLN Property Mobile MT Airborne EM Survey • Survey extended the strike length of the prospective conductive corridor Click to edit Master title style which hosts JR Zone at its north end by 1/3 to a strike length to 5.0 km • Extended 1.4 km further to the SE than the previously defined historical A1
Slide 25: PLN Exploration
PLN Exploration The PLN property is the flagship project of the F3 portfolio. A new discovery of off-scale radioactivity was made on the A1 Main Shear Zone in the south-west area of the Athabasca Basin, 25 km NW of Fission Uranium’s Triple R deposit and NexGen Energy’s Arrow deposit. WINTER 2022: JA
Slide 26: Plan View and Section View Triple R and Arrow
Plan View and Section View Triple R and Arrow Click to edit Master title style
Slide 27: Corporate Summary
Corporate Summary FINANCIAL SUMMARY EXECUTIVE MANAGEMENT & BOARD As of October 19, 2023 Market Cap: approx. C$167.3 million Dev Randhawa, MBA - Chairman, CEO, Director Raymond Ashley, P. Geo. President & COO, Director Cash: approx. C$47.01 million Ryan Cheung – CFO John DeJoia P. Geol. - Director Sh
Slide 28: F3's Management Team
F3’s MANAGEMENT TEAM Click to edit Master title style Dev Randhawa, Raymond Ashley, P. Geo. Sam Hartmann, P.Geo Chairman & CEO President & COO VP Exploration • Former CEO & Founder of Fission Energy and • Raymond has worked in the mineral exploration • Sam is an established geologist with extensive
Slide 29: F3's Technical Team
F3’s TECHNICAL TEAM Key members of the JR discovery Click to edit Master title style Raymond Ashley, P. Geo. Sam Hartmann, P.Geo. Erik Sehn, GIT Ben Mortimore, GIT Tony Gonzales, BSc President & COO VP Exploration Project Manager Project Manager Senior Technical Consultant BSc. Kodi Bowman, BSc., EP
Slide 30: Contact
Spring 2023 www.f3uranium.com Click to edit Master title style For further info, contact: F3 Uranium Corp. Phone: 778.484.8030 Toll Free: 1.844.484.8030 Email: ir@f3uranium.com TSX-V : FUU | OTCQB: FUUFF | FSE:2F3A