INVESTOR PRESENTATION
SEPTEMBER 2018
Targeting High Grade Uranium Discoveries in the Athabasca Basin
Targeting High Grade Uranium Discoveries in the Athabasca Basin - - PowerPoint PPT Presentation
Targeting High Grade Uranium Discoveries in the Athabasca Basin INVESTOR PRESENTATION SEPTEMBER 2018 Legal Disclaimer All statements, other than statements of historical fact, contained in this presentation constitute forward-looking
INVESTOR PRESENTATION
SEPTEMBER 2018
Targeting High Grade Uranium Discoveries in the Athabasca Basin
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All statements, other than statements of historical fact, contained in this presentation constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, and “forward-looking information” under similar Canadian legislation and are based on the reasonable expectations, estimates and projections of the Company as of the date of this presentation. Forward-looking statements and forward-looking information include, without limitation, possible events, trends and opportunities and statements with respect to possible events, trends and opportunities, including with respect to, among other things, the potential merger with Vela Minerals Ltd., the state of the uranium market, global market conditions, the ability of the Company to identify and acquire assets, results of exploration activities, the nature of potential business acquisitions, capital expenditures, successful development of potential acquisitions, currency fluctuations, government policy and regulation, geopolitical uncertainty and environmental
“plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”
while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements and forward-looking information made by, or on behalf of, the Company. All of the forward-looking statements and forward-looking information made in this presentation are qualified by these cautionary statements. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such
undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction. Neil McCallum is the Qualified Person under National Instrument 43-101 who has reviewed and approved the scientific and technical content in this presentation.
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Standard Uranium has the team and land package in place to make the next major uranium discovery in the Southwest Athabasca Basin region of Saskatchewan, Canada Standard Uranium will use best practices and experiences gained from making previous discoveries in this region
Davidson River Project
Cluff Lake Mine
Shea Creek Arrow Triple R
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assembled to find the next major uranium discovery in the Southwest Athabasca Basin
largest unexplored highly prospective target in the Southwest Athabasca Basin
suggests the exploration corridors on the west of the Clearwater Domain could have similar uranium deposits as those on the east
proven success in raising capital and public company marketing
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Jon Bey – President, Chief Executive Officer, Director, (Chair)
diamonds and oil and gas. He has public company experience across several sectors and with companies listed on the TSX, TSX-V, CSE, and LSE
Neil McCallum – V.P. Exploration, Director
discovery of unconformity-related uranium deposits. He is currently a project manager at Edmonton based Dahrouge Geological Consulting
companies. Garrett Ainsworth – Director
Award for the Arrow Uranium Deposit in the southwest Athabasca Basin, Saskatchewan. Prior to NexGen, Mr. Ainsworth was co-recipient of the 2013 AME BC Colin Spence Award. This honour was in recognition of his efforts which led to the discovery of the high-grade uranium mineralized system on the Patterson Lake South Project in the southwest Athabasca Basin, Saskatchewan, which is presently owned by Fission Uranium Corp. Blair Jordan – Independent Director
years with Credit Suisse in London, New York and Tokyo. Before joining Credit Suisse, he was a securities lawyer with Bennett Jones LLP in
As a former banker, Mr. Jordan has extensive experience working in public markets.
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rapidly and nuclear reactors are being built to match that demand
to agree that nuclear energy is the safest and cleanest base load energy source
(KazAtomProm & Cameco) are cutting production due to the low spot price
energy and considering legislation to force American utilities to buy American uranium (Section 232)
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increase in the last 120 days, signaling potentially the start of the next uranium price spike
20 in the next 12 months
will drive uranium prices higher
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The beauty of buying at this point in the cycle is, we don’t have to be precisely correct – we just have to be generally correct. . . What I mean is: since uranium prices are still very low, and uranium producers are even lower – there isn’t much downside risk from here. Palisade Research
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Team, Timing, & Target
uranium investor are during a uranium market bull run and when a
major discovery
hunt for high grade uranium deposits is in the Athabasca Basin of Saskatchewan Canada
lbs of uranium have all been found in the southwest corner of the basin
discoveries is now hunting once again in the region he believes could host the next major discovery Davidson River Project
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The Davidson River Project is located in the heart of the Southwest Athabasca Uranium
uranium exploration and development including Cameco, Areva(Orano), NexGen, Fission Uranium, Denison, UEX.
Triple R Deposit(Discovered 2012) Indicated 87.76 Mlbs 1.82% U3O8 Inferred 52.85 Mlbs 1.80% U3O8 Arrow Deposit (Discovered 2014) Indicated: 179.5 Mlbs 6.88% U3O8 Inferred: 122.1 Mlbs 1.30% U3O8 Spitfire Zone (Discovered 2015) DH: HK15-27 – 2.8 m of 2.23% U3O8 DH: HK18-82 – 1.3 m of 8.70% U3O8 Smart Lake Zone (Discovered 2008) DH: SMT08-05 - 0.2 m of 0.19% U DH: SMT08-06 – 0.1 m of 0.16% U
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The Clearwater domain is the source of the uranium found in the southwest Athabasca Basin The exploration corridors to the east of the Clearwater domain have had major uranium discoveries The exploration corridors to the west of the Clearwater domain have excellent potential to host similar deposits The corridors on the west of the domain have recently been discovered by Standard Uranium but they have never been drilled The Patterson Lake Corridor, which hosts the Spitfire zone, Arrow deposit and Triple R deposit is interpreted to continue through the Clearwater Domain to the Davidson River Property
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Clearwater Domain Mirror Theory
Dominant northeast to southwest trend east of Clearwater Domain. Dominant northwest to southeast trend west of Clearwater Domain. 2017 Tilt-angle interpretation of magnetics
STANDARD URANIUM
Triple R Deposit Arrow Deposit Dragon Lake Zone Spitfire Zone Cluff Lake Deposits Shea Creek Deposits
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The project has not yet been tested for uranium by drilling, despite being located along the Shearwater “Exploration Corridor”, which has been interpreted as the continuation of the Patterson Lake Corridor. The nearby Patterson Lake Corridor contains several high-grade uranium deposits along an approximate 15-km length. Over 1000 drill- holes since 2012: Fission Uranium: 572 holes NexGen Energy: 501 holes Purepoint/Orano/Cameco: 82+ holes Davidson River property: 0 holes
Local phase of the residual total magnetic field
Triple R Deposit Arrow Deposit Spitfire Zone Shea Creek Smart Lake STANDARD URANIUM
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DAVIDSON RIVER WORK PROGRAM
Work will focus on geochemical surveys over the VTEM conductors in the lower elevations of the project.
pattern in the target areas.
conducted to follow-up on airborne radiometric survey anomalies
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$2.5 M Exploration Program $.5 M Working Capital $.5 M Marketing $.25 M Financing Fees
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discoveries in the Southwest Athabasca Basin
drilled and with the signs and potential to be the next great discovery
Thank You
Contact us to discover more opportunities 1.604.375.4488 jbey@standarduranium.ca www.StandardUranium.ca Standard Uranium Corp. 200-550 Denman Street, Vancouver, BC, Canada V6G 3H1