Laramide Resources Ltd. · TSX:LAM
Laramide Resources — Investor Presentation (November 2006)
33 slides from Laramide Resources's investor presentation, November 2006
Slide 1: Laramide Resources Ltd. - A Uranium Development Company
LARAMIDE RESOURCES LTD. A URANIUM DEVELOPMENT COMPANY NOVEMBER , 2006
Slide 2: Forward-Looking Information
FORWARD-LOOKING INFORMATION This presentation contains projections and forward looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risk
Slide 3: Laramide Resources Ltd. agenda
LARAMIDE RESOURCES LTD. • Corporate Overview • Why Australia? • Understanding Australia • Westmoreland & Northern Territory Projects • Business Plan 2006-07 • Investment Case for LAM (& Australia)
Slide 4: Capital Structure
CAPITAL STRUCTURE TSX-V: LAM Headquarters: Toronto, Canada Shares Outstanding: 50.1 Million Market Cap: CAD $ 350 Million + Advanced Uranium Projects AUSTRALIA Uranium, 49 million pounds USA Uranium, 11 million pounds Canada Uranium, Au, Base metals
Slide 5: Experienced Management
EXPERIENCED MANAGEMENT • CEO Marc Henderson (CFA) 22 years public companies. • CFO Dennis Gibson (CA) > 10 years public companies. • VP Exploration Peter Mullens, (Geologist) 22 years experience • VP Corporate Dev Bill Smith, (Physicist + MBA.) 30 years uranium market • GM Australia Evan Hughes, (CA
Slide 6: Experienced Management - Advisory Board
EXPERIENCED MANAGEMENT Advisory Board – Mike Connor Uranium Market Expert, Utility Buyer – John Cook Mining Engineer, former VP Operations GoldCorp – Mersch Ward Mining Engineer, former Homestake Mining VP – Mark Chalmers Mining Engineer, recently put Beverly ISL mine into production; CEO of UEL.
Slide 7: The World of Uranium Production Reserves
THE WORLD OF URANIUM PRODUCTION RESERVES “Saudi Arabia of Uranium” Canada Russia 28.8% 8% 13.3% 5.8% Niger 8.2% 2.0% Namibia Kazakhstan 9.2% Australia 5% 22.3% *World Nuclear Association 6.1% 18.5% 40.0%
Slide 8: Australia, Changing Political Landscape
AUSTRALIA, CHANGING POLITICAL LANDSCAPE • Change in Internal Australian Politics – Strong positive support by Federal Government – Political changes within Australian Labor Party – Labor supports uranium sales to China. – Australian domestic energy concerns • Global Warming Meets Global Energy Crisi
Slide 9: State Government Position
STATE GOVERNMENT POSITION Federal Government, currently Liberal: Jabiluka Controls Export Permits Pro - Uranium Mining Ranger Anti - Uranium Mining No Significant Uranium Deposit State and Territory WESTMORELAND Kintyre Valhalla Governments, currently Labor: Yeelirrie Control Olympic Dam Beverly Env
Slide 10: In the News...
IN THE NEWS... LARAMIDE OuRCES L dD Sty LABOR SHIFTS Bill Ludwig AWU State Secretary, Queensland AWU leader has the numbers LABOR powerbroker Bill said the numbers suggested Ludwig last night declared he there may not need to be a vote had the numbers to overturn on the matter at the national the pa
Slide 11: Australian Uranium Resources
AUSTRALIAN URANIUM RESOURCES (to 343,200) .100,000 ka ilu Jab 80,000 AND rge 24 M tonnes@ 0.092% U3O8 TONNES rie Ran lir Yee REL 60,000 yre TMO Kint alla 40,000 rley WES Valh garra Beve mond rlek ungle moon Koon Olympic Dam Naba 20,000 Ben Lo Rum J Honey 0 Operating Proposed Former Mine Mine Mine
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Slide 13: OT Srarre,
OT Srarre, PUNE 1 Em, Ernest Hen Henry
Slide 14: North Australia Uranium District Regional Geology
NORTH AUSTRALIA URANIUM DISTRICT .Regional Geology
Slide 15: Laramide Land Holdings
LARAMIDE LAND HOLDINGS 2,625 SQUARE MILES UNDER MANAGEMENT
Slide 16: Westmoreland
WESTMORELAND • Laramide holds 100 % of Westmoreland (506 square miles) • Unconformity proterozoic-style deposit. Similar geology to Athabasca Basin. • 48.5 million pounds of U3O8 in indicated and inferred category 43101 compliant resources. – 8.0 million tonnes at 0.088 % for 15.6 million pounds U3O
Slide 17: Project History: CRA / Rio Tinto
PROJECT HISTORY: CRA / Rio Tinto • Rio Tinto completed a Pre-feasibility Study including • 86,700 metres of exploration drilling, (including prev drilling) • metallurgical studies. • resource calculations • Rio concluded – Potential for open cut and underground production. – Good metallurgy with hig
Slide 18: Geology
GEOLOGY • Proterozoic unconformity sandstone hosted deposit. • High grade structural zones, plus lower grade disseminated zones of U3O8. • Occurs within sandstones adjacent to mafic dyke. • Similar in style and age to – Jabiluka and Ranger, Australia. – Athabasca Basin, Canada
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Slide 29: Radiometric Survey with Pipeline of Exploration Targets
RADIOMETRIC SURVEY WITH PIPELINE OF EXPLORATION TARGETS 12 PRIORITY EXPLORATION TARGETS – 6 OF THESE ARE NEW Westmoreland: 24 m tonnes @ 0.09% U3O8 Redtree: Junnagunna: 14.6 m tonnes @ 0.094% U3O8 6.5 m tonnes @ 0.08% U3O8
Slide 30: Uranium Assets USA
URANIUM ASSETS USA • Acquired 4 development stage projects from Barrick (Oct 2005); formed core of Homestake Mining’s uranium assets. • Homestake Mining was major producer of U3O8 from the mid-1950’s until 1985. – All four projects had feasibility studies completed on them in the early 1980’s (Grant
Slide 31: Business Plan 2006-07
BUSINESS PLAN 2006-07 Advance Towards a Mid-tier Uranium Development Company AUSTRALIA: – Westmoreland: • Scoping study Q1 2007 • initiate permitting, then undertake large scale drilling program for resource definition and expansion, • Drilling in NT USA: – Initiate permitting of La Sal; pursue mill
Slide 32: In Summary - Value Drivers
In Summary Value Drivers – 5 Ways to Win – Clarity on Development Path – Expansion of existing resource – New Discoveries – M&A – Uranium Prices
Slide 33: Peer Group Comparison
Peer Group Comparisom Laramide undervalued 8-Nov-06 Shares Market Cap Pounds Production * 000 Million $ CAD U3O8 estimate million Laramide 7.50 50,000 375 60 2009+ SXR Uranium 1 13.30 133,000 1769 247 ? 2008 IUC 8.12 88,500 719 100 2008 Denison Mines Inc. 22.90 30,500 698 14 in production Western Pr
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