HONE YMOON URANIUM PROJE CT So uth Austra lia INVE ST OR PRE - PowerPoint PPT Presentation

HONE YMOON URANIUM PROJE CT So uth Austra lia INVE ST OR PRE SE NT AT ION F e b rua ry 2017

DISCL AIME R The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Boss Resources Limited (“Boss”) or its respective employees, agents or consultants (Information) is provided to the recipients on the terms and conditions set out in this notice. The purpose of this presentation is to provide recipients with information relating to Boss Projects. This presentation does not constitute investment advice and has been prepared by Boss without taking into account the recipient’s investment objectives, financial circumstances or particular needs. Each recipient must make his/her own independent assessment and investigation of Boss and its business and assets when deciding if an investment is appropriate and should not rely on any statement or the adequacy and accuracy of any information. This presentation is in summary form and does not purpose to be exhaustive. This presentation should be read in conjunction with Boss’ periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available to download at www.asx.com.au. Boss makes no representation or warranty (either expressed or implied) as to the accuracy, reliability or completeness of the Information. Boss and its directors, employees, agents and consultants shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from the presentation, except liability under statute that can not be excluded. This presentation may contain forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Boss. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements. This presentation does not constitute in any way an offer or invitation to subscribe for securities in Boss pursuant to the Corporations Act 2001 (Cth) and has not been lodged with the Australian Securities and Investment Commission. The information in this document relating to the Expansion Study is extracted from the announcements entitled ‘Positive Expansion Study Results Progress The Honeymoon Uranium Project To PFS’ dated 28 September 2016. The information in this document relating to the Mineral Resources is extracted from the announcements entitled ‘Substantial Increase And Upgrade In Honeymoon Uranium Resource’ dated 20 January 2016 , ‘Boss Increases Honeymoon Uranium Project Resource’ dated 8 April 2016, ‘Maiden Resource of 5.2Mlb for Jason’s Deposit’ dated 14 June 2016 and is available to view on www.bossresources.com.au. The information relating to the Exploration Target is extracted from the announcement entitled ‘Honeymoon Project Exploration Update’ and dated 8 December 2015. The information relating to the Exploration Results for the Jasons Deposit is extracted from the Company’s announcements dated 6 December 2016, 8 December 2016, 14 December 2016 and 3 February 2017. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that, in the case of Mineral Resources or Ore Reserves, all the material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. The Exploration Target is conceptual in nature as there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will result in the determination of a Mineral Resource under the JORC Code 2012. The Exploration Target is not being reported as part of any Mineral Resource or Ore Reserve. 2

CL IMAT E CHANGE RE QUIRE S NUCL E AR E NE RGY INVOL VE ME NT “T he re ’ s re a lly o nly o ne te c hno lo g y tha t we kno w o f tha t supplie s c a rb o n-fre e po we r a t the sc a le mo de rn c iviliza tio n re q uire s, a nd tha t is nuc le ar powe r ” - K e n Ca lde ira o f Sta nfo rd Unive rsity’ s De pa rtme nt o f Glo b a l E c o lo g y

NUCL E AR POWE R: T HE BE ST SOL UT ION 2 billion of the world’s popula tion of 7 billion la c k a c c e ss to e le c tric ity • Nuc le a r powe r provide s non- polluting 24:7 ba se loa d powe r sourc e ba se loa d e ne rg y • Ze ro c a rbon e missions, sa fe , c le a n, re lia ble a nd a fforda ble . • Ove r 440 e xisting nuc le a r pla nts, foc use d in E urope , North Ame ric a , Russia , South • Kore a a nd Ja pa n E me rg ing e c onomie s re quire a n e ne rg y mix of nuc le a r, c oa l, g a s a nd re ne wa ble s to • me e t the ir g rowing 24 hour powe r re quire me nts to ha ve he a lthc a re , e duc a tion, tra nsporta tion a nd c ommunic a tion syste ms Nine Mile Point Nuc le ar Station is a nuc le ar po we r plant with two nuc le ar r e ac to r s lo c ate d in the to wn of Sc r iba, appr o ximate ly five mile s nor the ast o f Oswe go , Ne w Yor k, o n the sho r e o f L ake Ontar io.

MARKE T DE MAND – GL OBAL RE ACT OR GROWT H Globa l nuc le a r powe r g e ne ra tion c a pa c ity will inc re a se 70% ove r • the ne xt de c a de from 374,067MWe to 636,693MWe Annua l ura nium de ma nd will inc re a se from 177mlbs to 280mlbs by • 2020, re pre se nting a 58% inc re a se Additiona l 390mlbs will be ne e de d for ne w initia l c ore s • 64 UNDE R CONST RUCT ION Of which 22 reactors are to be built in China • Generation Capacity: 74,886 MWe • Annual Uranium Demand: 13,000 tonnes U • 441 OPE RABL E RE ACT ORS 173 PL ANNE D DE CE MBE R 2013 RE ACT ORS Generation Capacity: 187,740 MWe Generation Capacity: 374,067 MWe • • Annual Uranium Demand: 32,600 tonnes U Annual Uranium Demand: 64,978 tonnes U • • Hinkle y Po int C nuc le ar po we r station is a pr oje c t to c onstr uc t a 3,200 MWe nuc le ar po we r station with two E PR r e ac to r s in So me r se t, E ngland.

RE AL OPPORT UNIT Y F OR BOSS RE SOURCE S Gr owing gap be twe e n the ur anium c onsume d by r e ac tor s and the ur anium pr oduc e d fr om wor ld mine s, as has be e n the c ase for many ye ar s. L ong le ad time s for ur anium mine de ve lopme nt 5 – 7 ye ar s, c ouple d by r e c e nt low ur anium pr ic e s making it e c onomic ally c halle nging to br ing on ne w pr oduc tion. Daya Bay Nuc le ar Powe r Plant is a nuc le ar powe r plant lo c ate d in Daya Bay in L onggang Distr ic t, She nzhe n, Guangdong, China; and to the nor th e ast o f Ho ng Kong.

CHINA Boost nuc le a r powe r c a pa c ity by more tha n 70% by 2020 Air Qua lity Impe ra tive – sc uttling of 85 c oa l- fire d powe r sta tions a nd inve sting US$ 365B into re ne wa ble e ne rg y, inc luding nuc le a r Bre a king g round on 6- 8 ne w units pe r ye a r (inc re a sing to 10 pe r ye a r post- 2020) CURRE NT NUCL E AR GROWT H PL AN 58 GWe 2020 97 GWe 2025 160 GWe 2040

INDIA Boost nuc le a r powe r c a pa c ity by more tha n 29% by 2019 Offic ia l Pla n – 15 GWe insta lle d by 2025 Ura nium buying spre e (long te rm c ontra c ts) – Ca na da , Ka za khsta n, Uzbe kista n) E sta blishme nt of “Stra te g ic Ura nium Re se rve ” of be twe e n 13 a nd 39mlbs U3O8 RE ACT ORS OPE RAT ING UNDE R CONST RUCT ION PL ANNE D 21 6 4 With insta lle d c a pa c ity o f 6 Ca pa c ity o f 6 GWe T o ta lling 24 GWe GWe

JAPAN 20- 22% NUCL E AR POWE R PL ANNE D Go ve rnme nt a ppro ve d 20- 22% NUCL E AR POWE R PL ANNE D Go ve rnme nt a ppro ve d 26 APPL ICAT IONS 5 4 APPROVE D RE ST ART E D NRA ha s re c e ive d 26 re a c to r F o ur re a c to rs ha ve F ive re a c to rs a ppro ve d fo r re sta rt a pplic a tio ns sta rte d re sta rt

HONE YMOON HIGHL IGHT S BOSS ha s a numbe r of a dva nta g e s ove r its pe e rs a nd like ly to be in produc tion soone r tha n ma ny. PE RMIT T E D T ARGE T INF RAST RUCT URE L OW CAPE X F ully pe rmitte d ura nium Sig nific a nt e xplo ra tio n ta rg e t E xpa nsio n Study hig hlig hts $170m pla nt a nd o pe ra tio n infra struc ture in pla c e lo w CAPE X e xpa nsio n Hug e 80+ km po te ntia lly (1 o f o nly 4 in Austra lia ) mine ra lise d strike US$57M to 2mlb pa a nd AISC o f US$24/ lb 2,600km 2 unde re xplo re d ura nium pro vinc e F urthe r e xpa nsio n to 3.6mlb pa 57.8mlb U 3 O 8 JORC Re so urc e 10