Slide 1: Corporate Presentation
Laramide Resources Ltd. ASX/TSX: LAM | www.laramide.com Corporate Presentation December 2015 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: Investment Highlights
Building a low-cost production portfolio Investment Highlights Enviable project portfolio of potential low-cost production: Laramide Proposed Resources Ltd. Portfolio of ISR Projects in New Mexico acquisition of substantial Large resource, excellent grades, simple mining Production ready asset
Slide 5: Laramide's Projects - Safe, Stable Jurisdictions in Producing Countries
Laramide’s Projects - Safe, Stable Jurisdictions in Producing Countries Laramide Resources Ltd. Corporate Office La Sal Church Rock and Crownpoint La Jara Mesa Westmoreland Laramide Project Office Major Global Laramide Uranium Suppliers Project Locations 5 Tier 1, Producing Jurisdictions
Slide 6: New Growth Phase For Uranium
Building a low-cost production portfolio New Growth Phase For Uranium Supply Demand Laramide Resources Ltd. New mines require >US$65/lb to Uncovered utility requirements spike in incentivise development 2016-2018 Project and capacity deferrals have Supply shortfall begins in 2017 restricted
Slide 7: China's nuclear power production expected to surpass United States
Building a low-cost production portfolio (GWe) China’s nuclear power production expected to surpass United States Actual (2015) + Forecast (to 2020) 80 (under construction or planned) Reactors forecast 70 Laramide Resources Ltd. to be built in China 60 will give a four-fold 50 increase in nuclear ca
Slide 8: Proposed Church Rock and Crownpoint Acquisition
Building a low-cost production portfolio Proposed Church Rock and Crownpoint Acquisition Laramide’s synergistic acquisition creates a leading In-Situ Recovery (ISR) company Enhanced overall Laramide project economics Resources Ltd. and fundability with royalty burden eliminated Near-term developme
Slide 9: Proposed Acquisition Properties
Proposed Acquisition Properties Church Rock, Mancos and Strathmore/Church Rock Church Rock – Section 8 and 17 Laramide Resources Ltd. • Initial production area with Section 8 and 17 production license/permits • High-quality resource • Feasibility Study completed on Section 8 Mancos and Strathmore-Ch
Slide 10: 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 11: Church Rock Section 8
Church Rock Section 8 URI’s Feasibility Study1 highlights on Church Rock Section 8 only prepared by URI: Laramide Resources Ltd. ISR amenable License for production from Section 8, 17 at Church Rock and Crownpoint Output toll-milled through URI’s facility in Texas Capex of $35M for initial
Slide 12: Royalty Burden Impact Based on Church Rock Section 8 only
Building a low-cost production portfolio Royalty Burden Impact Based on Church Rock Section 8 only Based on URI’s 2012 Feasibility Study by Behre Dolbear on Section 8 (approx. 4.35Mlbs recovered, or less than 15% of historical resource estimates noted on slide 10) $USD Laramide Resources Ltd. Gross
Slide 13: Conceptual Development Plan for Church Rock and Crownpoint
Conceptual Development Plan for Church Rock and Crownpoint Prepare Laramide updated resource Resources Ltd.in accordance with JORC/ NI 43-101 – Section 8 & 17 Complete Pre-Feasibility Study Construct Section 8/17 satellite plant Construct Crownpoint Central Processing Plant (CPP) Develop r
Slide 14: Proposed Transaction Terms
Building a low-cost production portfolio Proposed Transaction Terms Laramide Resources has entered into Letter of Intent to acquire URI-owned mineral interests, mining claims and Laramide other Resources assets that comprise theLtd. Church Rock and Crownpoint mining projects and the recently consoli
Slide 15: Laramide's US Hard Rock Project Portfolio Summary
Laramide’s US Hard Rock Project Portfolio Summary La Jara Mesa – Ambrosia Lake District, New Mexico La Sal – Lisbon Valley, Utah • Laramide Resources Mineral Resource Ltd.million pounds estimate of 10.4 • Toll-milling agreement with nearby White Mesa resource (NI 43-101): Mill (Energy Fuels) in plac
Slide 16: 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 covers DarwinResources to Mt Isa Ltd. • Sandstone hosted • Resource along 7km strike length • Mineralisation predominantly urani
Slide 17: Environmental Impact Baseline Program
Westmoreland: developing a premier Australian uranium project Environmental Impact Baseline Program • Collection of more than two years of baseline environmental data completed • Allows Laramide to move quickly towards completing an Environmental Study (EIS), the first step in the application forRes
Slide 18: Westmoreland Project Highlights
Westmoreland Project Highlights Large Australian uranium Westmoreland is one of the 10 largest uranium deposits in Australia, and only deposit one in a handful in the world not under control of a major mining company Laramide Resources Ltd. Total resource of 51.9 million pounds of uranium (U3O8):
Slide 19: Improvements Since Earlier Westmoreland Scoping Study
Moving Westmoreland into Development Improvements Since Earlier Westmoreland Scoping Study Benefits From Metallurgical Results (2011) • In 2011, Laramide reported exceptional 2007 Scoping study results Laramide Resources Ltd. metallurgy results and commenced an updated Total Capital Costs A$317,514,
Slide 20: Expansion of Australia's U3O8 industry in China and India
Expansion of Australia’s U3O8 industry in China and India “CNNC eyes uranium projects in Kazakhstan, Canada and Australia” ~China Business Laramide Resources Ltd. China has signed a free trade agreement with Australia (both countries need to ratify agreement); free trade deals with Japan and Kor
Slide 21: Exploration Upside: Joint Ventures in the Northern Territory
Exploration Upside: Joint Ventures in the Northern Territory Outstanding exploration upside from JV strategy to Laramide control Resources most of the large Ltd. mineralised system along the Westmoreland trend including: Laramide’s 100%- owned tenure on the Rio Tinto JV Queensland side of the bord
Slide 22: Corporate Snapshot
Corporate Snapshot John Booth – Non-Executive Chairman Ticker (ASX1/TSX) LAM • Qualified lawyer (Ontario, NY and DC), 25 years experience as banker, Shares on Issue 84.7M broker and fund manager in global capital markets Laramide Resources96.6M Ltd. • Previously worked for firms including Merrill Ly
Slide 23: Laramide Management Team
Laramide Management Team Marc Henderson Marc Henderson has more than 25 years experience as a senior officer operating mining companies including CEO of President, CEO and Director (CFA) Laramide since 2005. Marc is the former President and CEO of Aquiline Resources Inc., which was developing the wo
Slide 24: Next Steps
Building a low-cost production portfolio Next Steps US ISL Projects Laramide Resources AdvanceLtd. Church Rock acquisition transaction Advance to JORC/NI 43-101 resource compliance La Sal project permits are being maintained Continue to advance permitting on La Jara Mesa Unlock value fro
Slide 25: Summary: Why Invest in Laramide?
Building a low-cost production portfolio Summary: Why Invest in Laramide? Quality undeveloped projects, good grades, simple mining Laramide Resources Ltd. Experienced management team with strong depth of expertise in developing and operating uranium mines including ISR Large Australian uranium
Slide 26: Contact Info
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 The Exchange Tower 130 King Street Wes
Slide 27: Technical Data Appendix
Laramide Resources Ltd. TECHNICAL DATA APPENDIX 27
Slide 28: 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 29: Church Rock Mineral Resource Estimate
Church Rock Mineral Resource Estimate Laramide Resources Ltd. URI Church Rock 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
Slide 30: Mancos Mineral Resource Estimate
Mancos Mineral Resource Estimate URI Mancos Estimated In-Place Mineral Resources1 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 31: 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 32: Resource Estimate: URI Strathmore Church Rock Property
Resource Estimate URI Strathmore Church Rock Property Mineral Resource Summary1,2 Laramide Indicated Resources Ltd. Cut-off GT Tons Grade (%U3O8) Pounds (U3O8) Thickness (ft) 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 Ind
Slide 33: Church Rock Section 8 Feasibility Study / Reserve Estimate
Church Rock Section 8 Feasibility Study / Reserve Estimate URI Church Rock Section 8 Mineral Reserve Summary 1 Laramide Resources Ltd. 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 P