Investor Presentation & Introduction. July 2016

Transcription

1 Investor Presentation & Introduction July 2016

2 Forward Looking Statements & Qualified Person Forward Looking Statements This presentation contains certain forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that Purepoint believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as seek, anticipate, believe, plan, estimate, expect, and intend and statements that an event or result may, will, can, should, could, or might occur or be achieved and other similar expressions. These forward-looking statements reflect the current internal projections, expectations or beliefs of Purepoint based on information currently available to Purepoint. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by Purepoint with securities regulatory authorities, that may cause the actual results of Purepoint to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Purepoint. Purepoint expressly disclaims any obligation to update or revise any such forward-looking statements. Not for distribution to United States newswire services and not for dissemination in the United States. The securities discussed herein have not been and will not be registered under the United States Securities Act of 1933 (the US Securities Act ), as amended, or the securities laws of any state and may not be offered or sold in the United States or to US persons (as defined in Regulation S of the US Securities Act) unless an exemption from registration is available. Qualified Person Scott Frostad BSc, MASc, PGeo, Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this presentation.

3 Introduction Strategically Positioned Uniquely Positioned for the Uranium Industry s Imminent Return Partnered with 2 of the World s Largest Uranium Producers Largest, Most Advanced Portfolio of 100% Owned Projects in the Athabasca Basin (Smart Lake & Hook Lake Projects) Identified and secured the most advanced prospects available during the rise of the first uranium cycle ( ) Strategic project acquisitions since 2008 Carefully advanced and maintained (Hook Lake Project) 2 Projects - 38,000 Hectares 5 Projects 58,000 Hectares Canada s Athabasca Basin 1.6 billion lbs. U 3 O 8 discovered to date Currently producing 18% of the world s uranium Unique in ore grade Avg To Date 12% Max 22%

4 Purepoint Uranium: Share Capital Shares Outstanding (June 30, 2016) 183,647,657 Warrants $0.07 weighted avg.) 36,252,331 Employment Options $0.07 weighted avg.) 11,960,000 Shares Fully Diluted 231,859,988 Market Cap $12,860,000

5 Leadership Chris Frostad (President, CEO, Director) Current: President & CEO of Minera Alamos Inc. Previous: 30 yrs in various exec. roles in both public and private companies Chartered Accountant (Ontario) Honours Bus Admin.(Wilfrid Laurier University) Scott Frostad (VP Exploration, Director) Previous: exploration with renowned mining companies such as Lac Minerals, Teck and Placer Dome Environmental Specialist for AREVA Resources Canada B.Sc. Geology (University of Western Ontario) M.A.Sc. Mining & Mineral Process Engineering (University of British Columbia) Ram Ramachandran (CFO) Current: Consultant and Director for White Tiger Gold Ltd. (TSX) and Viper Gold Ltd. (TSXV) Previous: 11-year tenure as Deputy Director and Associate Chief Accountant with the Ontario Securities Commission Chartered Accountant (Ontario) IFRS Certification program (Institute of Chartered Accountants in England & Wales) Allan Beach (Director) Current: Retired Partner with the law firm of Fasken Martineau DuMoulin LLP Roger Watson (Chief Geophysicist) Previous: 40 yrs Geophysical Consultant and founder of the firm Patterson Grant & Watson Borys Chabursky (Director) Current: President and Founder of Shift Health B.A.Sc. Engineering Physics /Geophysics (University of Toronto) 20+ years specializing in strategic planning, capital sourcing and business development Under Borys leadership, Shift Health has grown into a globally recognized group of firms with clients ranging from Fortune 100 pharmaceutical companies to internationally recognized clinicians and academics.

6 Purepoint Uranium: Overview 7 Projects All Active Advanced stage of exploration Dozens of drill targets well defined Low priority property all exited Assessment requirements current Support and Continued Spending by the 2 Largest U Producers in the world Most Speculative Phase of Investment Complete

7 Purepoint Uranium: Partnerships Hook Lake Project Ownership 21% Purepoint Uranium (project operator) 39.5% Cameco Corporation 39.5% Areva Resources Canada Inc. Smart Lake Project Ownership 23% Purepoint Uranium (project operator) 77% Cameco Corporation Exploration budgets are funded in relation to ownership As the project operator, Purepoint earns a 10% management fee

8 Hook Lake: Patterson Conductive Corridor

9 2016 Program Drilling Exploration focused on 5 follow-up drill target areas (6,000 m / holes)

10 2016 Program Spitfire Drill Holes

11 2016 Program Spitfire Section B

12 2016 Program Spitfire Section C

13 Smart Lake: In Partnership with Cameco Smart Lake Status: Joint Venture w/cameco Corp Purepoint has earned a 26% interest by spending $2.7million JV Agreement in place Best Results 10 holes drilled to date 0.22% U 3 O 8 over 0.20 metres Shearwater Conductor

14 Smart Lake: Shea Creek Connection Smart Lake is geologically connected to the Shea Creek Deposits, the largest undeveloped uranium resource in the Athabasca Basin (Max. Grade of 58.3% U 3 O 8 over 3.5m) The Smart Lake targets represent the southern end of the Saskatoon Lake Conductor displaced along the Beatty River Fault

15 Deposit Cluster Eastern Athabasca Basin Regional Setting: Graphitic Conductors (red Lines) A primary high-level target Representative of geology Softer rock allows for attractive fault setting Potentially a reductant for uranium deposition Sedimentary Basement Zones Between granitic units (pink zones) High grade, unconformity deposits are not hosted in granites Nose Folds Many deposits found where conductors wrap around the nose of a granitic dome Signify complex settings ideal for uranium deposition

16 Red Willow: On the Athabasca Mine Trend Red Willow : Best Results 0.20% U 3 O 8 over 5.8 metres Including 1.01% U 3 O 8 over.1 metres 0.58%U3O8 over 1 metre including 3.03% U 3 O 8 over.1 metres Ten (10) distinct targets areas have now been identified on the Red Willow Project all of equally high potential for discovery

17 Red Willow North: extending the original structures Red Willow North Status: Staked in 2010 Red Willow Osprey conductor (0.20% e U 3 O 8 over 1.0m) and the Turkey Conductor (0.16% U 3 O 8 over 5.8m extend untested onto the property Richardson Lake conductive trend (0.15% U 3 O 8 over 0.8m) appears to terminate on the property Hosts the Golden Eye Shear with outcrops up to 1.43% U 3 O 8

18 Red Willow North Red Willow North: Topping Island Denison/Anthem JV intersected 2.3m of 0.45% U3O8 earlier this year along the Richardson conductive trend, same conductor that terminates on Topping Island A pitchstone cobble with off-scale radioactivity (>99,999 cpm) was discovered on Topping Island in the 1970 s

19 Henday Block: Trends to Roughrider and J Zone Henday Block Status: Staked in 2009 Conductors are on trend with an interpreted East-West alteration corridor hosting the neighbouring Fission Corp s new J-Zone as well as Rio Tinto s recently acquired Roughrider Deposit Helicopter-borne VTEM35 survey defined 7.5 km of newly identified conductors Untested off-sets coincident with well defined N-S fault

20 Turnor Lake: high grade uranium connections Turnor Lake Status: Extensive 3D modeling exercise currently ongoing with target recommendations completed in November 2011 Regional Prospects Geologically connected to Cameco s La Rocque (33.9% U 3 O 8 over 5.5 m) and Areva HLH-50 (5.2% U 3 O 8 over.38 m) Vast series of geophysical survey conducted since 2006 and a 3D Targeting Workflow Process performed in 2011 Most priority targets remain untested Drilling to date has identified a large region of elevated uranium and alteration; a setting typical of high-grade deposits in the area

21 McArthur East: Linking 2 of the World s Largest U Mines McArthur E Status: Staked in 2011 Adjoins Cameco s McArthur River Project, which contains the world's largest high-grade uranium deposit, and is situated due south of the Cigar Lake Mine Underlain by a magnetic low believed to represent pelitic basement rocks, a typical host rock for economic uranium mineralization Depth to the unconformity is estimated at a relatively shallow 200 metres Bounded by two strong northsouth trending faults while a detailed aeromagnetic survey suggests the property has a high degree of structural complexity

22 Umfreville: Isolating Targets Umfreville Status: History Originally over 60,000 h, staked Systematically reduced to 5,500 h with focused targets Work To Date MEGATEM EM Airborne Gravity High Resolution Gradient Focused Field Sample Survey

23 Investor Presentation & Introduction Contact Chris Frostad President & CEO King Street East. Suite 501 Toronto. Ontario. Canada. M5C 1C3