A Premier Uranium Explorer in Canadas Athabasca Basin OCT.2016 | - - PowerPoint PPT Presentation

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A Premier Uranium Explorer in Canadas Athabasca Basin OCT.2016 | - - PowerPoint PPT Presentation

A Premier Uranium Explorer in Canadas Athabasca Basin OCT.2016 | TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium .com A Premier Uranium Explorer in Canadas Athabasca Basin Disclaimer: This Presentation has been prepared by ALX Uranium


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A Premier Uranium Explorer in Canada’s Athabasca Basin

OCT.2016 | TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com

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A Premier Uranium Explorer in Canada’s Athabasca Basin 2

Disclaimer: This Presentation has been prepared by ALX Uranium Corp. (“ALX”) using its best efforts to realistically and factually present the information contained. However, subjective

  • pinion, dependence upon factors outside ALX’s control and outside information sources

unavoidably dictate that ALX cannot warrant the information contained to be exhaustive, complete or sufficient. In addition, many factors can affect the Presentation which could significantly alter the results intended by ALX, rendering the Presentation unattainable or substantially altered. Therefore, interested Users should conduct their own assessment and consult with their own professional advisors prior to making any investment decisions. This Presentation does not constitute a prospectus or public offering for financing, and no guarantees are made or implied with regard to the success of ALX’s proposed ventures. Interested investors are advised to seek advice from their investment advisors. Technical information has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by Neil McCallum P.Geo., a Qualified Person.

TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 3

ALX Uranium Corp. is a premier uranium exploration company focused on the Athabasca Basin in Saskatchewan, Canada. It was formed as a result of a merger between Lakeland Resources Inc. and Alpha Exploration

  • Inc. in 2015.

About ALX Uranium

The World’s Most Prolific Uranium Area.

  • High Grades
  • Infrastructure
  • Low Geopolitical Risk

The Athabasca Basin

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 4

Investment Highlights

  • Team with technical and capital markets strength
  • Tier 1 asset base, large scale presence in the Basin
  • Active fieldwork for several properties
  • Drill ready targets on multiple properties
  • Relative value vs. Athabasca Basin comparables
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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 5

Corporate Structure:

(as of August 01, 2016)

Strong board/team with a successful track record in uranium exploration, marketing, finance and governance.

Officers, Directors and Management

Jon Armes, B.A.Sc.

President, CEO & Director

Benjamin Ainsworth, MA (Oxon), PEng BC.

Director

Warren Stanyer

Director

Jody Dahrouge, B.Sc., Sp.C., P. Geol.

Director

Steve Khan, BSc, MBA, CFA

Director

  • Dr. Howard Haugom, BA, MA, Ph.D

Director

  • R. Sierd Eriks, P. Geo

VP Exploration

Charles Roy, P. Eng., P. Geo

Chairman Technical Committee

Lon Shaver, CFA

Advisory Board

Jody Bellefleur, CGA

Chief Financial Officer

Frances Petryshen

Corporate Secretary

Shares Outstanding: Stock Options: Warrants: 65,151,422 5,500,000 12,817,821

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 6

Hook-Carter Lazy Edw ard Bay New nham Lake Kelic Lake

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 7

Hook-Carter Property

  • 100% owned
  • 16,808 Hectares over 28 claims
  • Located at the northern end of the Patterson

Lake, Derkson and Carter structural trends

  • Recent target definition exploration:
  • Airborne EM, airborne gravity gradiometer

survey, ground-EM Survey.

  • Radiochemical interpretation (Peridot

Geoscience)

  • Three distinct structural trends, hosting

numerous new and expanding discoveries including: Triple R (Patterson Lake South) PLS Deposits*

81 million lbs @ 1.83% U3O8 (Indicated) 27 million lbs @ 1.57% U3O8 (Inferred)

Arrow Deposit**

202 million lbs @ 2.63% U3O8 (Inferred)

Spitfire Zone***

10 metres @ 10.3% U3O8 (drill hole HK16-53)

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Triple R Deposit

ALX ALX ALX ALX

Target Areas Arrow Deposit Spitfire Zone

TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 8

Hook-Carter Property

Image: Local phase of the residual total magnetic field

  • An observation has been made that deposits in the

PLS district are located at the cross-cutting structures along the structural corridor.

  • Similar disruptions at the regional scale magnetics

are also observed on the ALX property along the Patterson Lake Corridor and the other parallel structural corridors

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 9

Hook-Carter Property

Drill Targets

  • Several target areas were defined by a 2014 Condor

Consulting interpretation report that focused on recent airborne EM and magnetic geophysics.

  • (blue outlines)
  • A 2016 interpretation report by Peridot Geoscience
  • Ltd. identified several high-priority geochemical

and radiochemical targets.

  • (red outlines)
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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 10

Newnham Lake Property

  • 100% owned
  • 11,737 Hectares over 8 claims
  • Located at the northeastern corner of the

Athabasca Basin

  • Historic work by SMDC (predecessor of Cameco)

in the 1980’s showed anomalous uranium in sediments and drill holes

  • The property covers two trends of prospective

graphitic meta-pelite rocks in the basement.

  • The depth to basement is relatively shallow (less

than 100 metres)

  • Recent target definition exploration:
  • Airborne EM, airborne gravity gradiometer

survey, ground-EM Survey.

  • Ground gravity and radon survey (2015)
  • Radiochemical interpretation (Peridot

Geoscience) in progress

2015 Radon anomaly

DDH 90: 0.10% U3O8 over 60 cm DDH 66: 0.20% U3O8 over 20 cm

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 11

Lazy Edward Bay Property

  • 100% owned
  • 28,968 Hectares over 41 claims
  • Located at the southern edge of the Athabasca

Basin

  • Historic work by SMDC (predecessor of Cameco)

in the 1980’s showed anomalous uranium in sediments and drill holes

  • Follow up work by JNR Resources in 2006-2007
  • The property covers several trends of

prospective graphitic meta-pelite rocks in the basement.

  • The depth to basement is relatively shallow (less

than 200 metres)

  • Recent target definition exploration:
  • Airborne EM, airborne gravity gradiometer

survey, ground-EM Survey.

  • Radon-in-water survey (2016)
  • Radiochemical interpretation (Peridot

Geoscience)

2016 Radon anomaly

DDH LE-50: 908 ppm U3O8 over 30cm DDH LE-1: 224 ppm U3O8 over 50 cm

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 12

Kelic Lake Property

  • 100% owned
  • 10,056 Hectares over 6 claims
  • southern margin of the Athabasca Basin
  • Relatively shallow depth, approximately 190m

from surface to the unconformity at the target

  • Initial exploration defined drill target on

conductor “C”, consisting of elevated radon, airborne gravity, VTEM and ground-based Time- domain EM

  • Recent exploration:
  • 6 holes over 1,800m of drilling, tested high-

priority conductor “C”. First drill program to test the conductor. Targets remain for follow-up drilling.

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TSXv: AL | FSE: 6LLN | OTCQX: ALXEF | alxuranium.com A Premier Uranium Explorer in Canada’s Athabasca Basin 13

Make Contact

ALX URANIUM INC. Phone: 604.681.1568 Toll Free: 1.877.377.6222 www.alxuranium.com Roger Leschuk, CIM, FCSI Manager, Corporate Communications Phone: 604.681.1568 rleschuk@alxuranium.com