Ashley Gold Corp. · CSE:ASHL
Ashley Gold — Investor Presentation (May 2024)
16 slides from Ashley Gold's investor presentation, May 2024
Slide 1: Fast Track Production: Uranium in Utah
FAST TRACK PRODUCTION URANIUM IN UTAH Investor Presentation MAY 2024 CSE: ASHL ASHLEY GOLD CORP
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Statements in this corporate presentation contain forward looking information including expectations of future production and commodity prices, drilling and exploration plans, timing and amounts of capital expenditures and future expenditure levels. Readers are cautioned t
Slide 3: Opportunity: Near Term Production
OPPORTUNITY NEAR TERM PRODUCTION FAST TRACK PRODUCTION ESTABLISHED IDEAL IMMENSE URANIUM IN UTAH RESERVE & LOCATION EXPLORATION MINE UPSIDE CSE: ASHL CSE: ASHL 3 ASHLEY GOLD CORP
Slide 4: Sahara Mine: Established Reserve & Mine
ESTABLISHED RESERVE & MINE ⮚ HISTORIC MINE WITH UNTESTED DISTRICT SCALE POTENTIAL ⮚ 0.5M LBS U3O8 BASE HISTORIC RESERVE, WITH >20M LBS TARGET ⮚ ~2.2M LBS U3O8 NON-COMPLIANT RESOURCE ESTIMATE ⮚ DATABASE OF >900 DRILLHOLES; >100,000m OF DRILLING ⮚ EXISTING UNDERGROUND PORTALS & 1,175m OF ACCESS DRIVES
Slide 5: Established Reserve & Mine
Green River, UT ESTABLISHED RESERVE & MINE SLC 290 km (180 mi) >40 km2 (>15 mi2) AreaControlled AND EXPANDING FAST TRACK PRODUCTION URANIUM IN UTAH Historic Sahara Mine 678 Drillholes 41 Drillholes Big Body Prospect 118 Drillholes CSE: ASHL 37 Drillholes Bench and Underground Working Pit and Undergr
Slide 6: Ideal Location
IDEAL LOCATION MINE FRIENDLY JURISDICTION - UTAH 15 KM (9.5 MI) TO AIRPORT 16 KM (10 MI) TO RAILROAD WATER ON CLAIMS FAST TRACK PRODUCTION CELL TOWER ADJACENT TO CLAIMS URANIUM IN UTAH CONTIGUOUS TO INTERSTATE HIGHWAY I-70 16 KM (10 MI) TO TOWN - GREEN RIVER, UT LOCAL LABOR POWER LINE & FIBER INTERN
Slide 7: Ideal Location
IDEAL LOCATION Green River, UT I-70 16 KM (10 MI) TO RAIL 16 KM (10 MI) TO TOWN FAST TRACK PRODUCTION LOCAL LABOR URANIUM IN UTAH FUTURE PROCESSING POWER & INTERNET 15 KM (9.5 MI) TO AIR CSE: ASHL CELL TOWER I-70 7 WATER ON CLAIMS 10 km
Slide 8: Immense Exploration Upside
IMMENSE EXPLORATION UPSIDE Sahara SAHARA ⮚ RESOURCE & EXPANSION PRIMARY SOURCE DEPOSITS ⮚ BIG BODY118 Drillholes ⮚ ACERSON 37 Drillholes; FAST TRACK PRODUCTION Historic Pit and Underground URANIUM IN UTAH ⮚ CECILIAITE Historic Bench- Big Body cut and Underground ROLL FRONT DEPOSITS Ceciliaite 2,500m
Slide 9: Sahara Mine
SAHARA MINE HISTORIC MINE RESERVE WITH UPSIDE TO EXPAND FAST TRACK PRODUCTION URANIUM IN UTAH Modelling Indicates ~2.2M lbs @ 0.25% U3O8* OVER 900 HISTORIC DRILLHOLES, ~100,000m UNDERGROUND DRIVE TO DEPOSIT 9 holes >1%; 38 holes >0.5%;162 holes >0.2%; 392 holes >0.1%** CSE: ASHL OPEN TO EAST AND NOR
Slide 10: Immense Exploration Upside
IMMENSE EXPLORATION UPSIDE >40 KM2 (>15 MI2) AREA CONTROLLED AND EXPANDING FAST TRACK PRODUCTION URANIUM IN UTAH MULTIPLE TARGETS INFILL & STEP-OUT DRILLING ~2.2M lbs @ 0.25% CSE: ASHL U3O8* INDICATED BY MODELLING *non-compliant resource estimate 10
Slide 11: 2024 Timeline to Production
2024 Timeline TO PRODUCTION ✔ Over 100,000 m historic drilling ✔ VTEM Airborne Geophysics ✔ Drive to Sahara ore body ✔ Mine plan FAST TRACK PRODUCTION ❑ Infill & step-out drilling URANIUM IN UTAH ❑ Bring resource up to NI 43-101 compliance ❑ Permitting ❑ Dewater mine ❑ New processing facility online
Slide 12: Value Trajectory
CSE: ASHL FAST TRACK PRODUCTION 12 URANIUM IN UTAH VALUE TRAJECTORY
Slide 13: Capital Structure
CAPITAL STRUCTURE AS OF MAY 2024 OUR SHAREHOLDERS SHARES OUTSTANDING 34,905,248 FAST TRACK PRODUCTION INSTITUTIONAL ~14% WARRANTS URANIUM IN UTAH 15M @ ~$0.13 RETAIL & HIGH NET INSIDER OPTIONS ~20% WORTH 2.58M @ ~$0.20 ~66% CSE: ASHL FULLY DILUTED 52,777,272 13
Slide 14: The Team
THE TEAM DARCY CHRISTIAN, P.Geo. GREG KOFFORD CEO, ASHLEY GOLD CORP CAPITAL MARKETS ADVISOR • Geologist with over 15 years of • 30 years experience in global capital International experience in Technical and markets and international equity investing Advisory roles in resource exploration and for so
Slide 15: Opportunity
OPPORTUNITY FAST TRACK PRODUCTION FAST TRACK PRODUCTION URANIUM IN UTAH ESTABLISHED IDEAL IMMENSE RESERVE & LOCATION EXPLORATION MINE UPSIDE CSE: ASHL CSE: ASHL 15 15 ASHLEY GOLD CORP
Slide 16: Contact Us & Invest in Utah Uranium
CONTACT US & INVEST IN UTAH URANIUM FAST TRACK PRODUCTION VISIT OUR WEBSITE +1 587 777-9072 INFO@ASHLEYGOLDCORP.COM CSE: ASHL ASHLEY GOLD CORP