Greenridge Exploration Inc · CSE:GXP
Greenridge Exploration — Investor Presentation (June 2024)
29 slides from Greenridge Exploration's investor presentation, Jun 12, 2024
Slide 1: June 2024 Corporate Presentation
DEVELOPING A CLEAN ENERGY FUTURE CSE: GXP | FRA: HW3 June 2024 Corporate Presentation
Slide 2: Investment Highlights
Investment Highlights Uranium Spot Price – $92 USD/LBS Over 60% - YoY Uranium Spot Price Performance High-Grade High-Grade Drill Intersects Uranium Rush Sampling Tier One in Thelon Basin KorrAI Uranium Districts The Nut Lake Technology historical drilling Athabasca Basin The Nut Lake intersected up
Slide 3: Management & Board of Directors
Management & Board of Directors RUSSELL STARR, MBA, MA SIMON TSO, CFA, CPA, CGA, ACCA MANDEEP PARMAR AMANUEL BEIN, M.Sc., P.Geo Chief Executive Officer & Chief Financial Officer & Director Director Director Director Mr. Parmar has over a decade of public Mr. Bein has over 17 years experience in the
Slide 4: Advisors
Advisors MARK SELBY SEAN HILLACRE Advisor Advisor Mr. Selby is currently CEO of Canada Nickel Company and was Mr. Hillacre is currently the President & VP of Exploration of formerly President & CEO of Karora Resources Inc. where he led Standard Uranium Ltd. . He has over a decade of experience a tea
Slide 5: Capitalization Table
Capitalization Table Shareholder Breakdown Issued & Outstanding 30,392,400 Insiders, Friends & Family 39% Warrants 10,922,949 Options 2,050,000 Fully Diluted 43,365,349 Cash Balance CAD $2.76 m Options: 1,800,000 at $0.63 250,000 at $0.75 Warrants: 9,825,379 at $0.45 1,097,570 at $0.20 Issued & Outs
Slide 6: Athabasca Basin: Carpenter Lake Project
Athabasca Basin: Carpenter Lake Project © 2024 GREENRIDGE EXPLORATION 6
Slide 7: Athabasca Basin
INTRODUCTION Athabasca Basin The Athabasca Basin is a region in the Canadian Shield of northern Saskatchewan and Alberta, Canada. It is best known as the world’s leading source of high-grade uranium and currently supplies about 20% of the world’s uranium. Home to the world’s largest and highest-grad
Slide 8: Carpenter Lake Project
INTRODUCTION Carpenter Lake Project Historical sampling from 2014 reveal multiple radioactive boulders on the Project with three (3) over 1,000 ppm uranium, and up to 1,550 ppm uranium. 13,872 Hectares over 7 claims in the Athabasca Basin, a renowned Uranium district in Saskatchewan, Canada. 95 km w
Slide 9: Carpenter Lake Project Geology
GEOLOGY Carpenter Lake Project The Project is situated on basement-type unconformity related uranium deposits, where this type of basement hosted deposits are found within the to a depth of over 300 meters. The Millennium deposit, the Eagle Point deposit and the P-Patch deposit are examples of this
Slide 10: Carpenter Lake Project Previous Work
PREVIOUS WORK Carpenter Lake Project Previous Work Summary Boulder sampling from 2014 reveal multiple radioactive boulders on the Project with three (3) over 1,000 ppm uranium, and up to 1,550 ppm uranium. 2014 February - Electromagnetic and horizontal magnetic gradiometer survey (VTEM Survey) May –
Slide 11: Thelon Basin: Nut Lake Uranium Project
Thelon Basin: Nut Lake Uranium Project © 2024 GREENRIDGE EXPLORATION 11
Slide 12: Thelon Basin
INTRODUCTION Thelon Basin Urangesellschaft Canada Limited discovered the first uranium showing in the Baker Lake area of the Thelon Basin in 1974. 1970s-1980s saw a flurry of exploration activity. A secondary rush in the 2000s to 2011 saw regional work hunting for unconformity-type uranium. Around 1
Slide 13: Nut Lake Project
INTRODUCTION Nut Lake Project Historical drilling on the Project intersected up to 9ft of 0.69% U3O8 including 4.90% U3O8 over 1ft from 8ft depth. The Project hosts high grade samples of 10.39% U3O8 as well as up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni . The Project sits within an interse
Slide 14: Nut Lake Project Geology
GEOLOGY Nut Lake Project Thelon’s Uranium Model is similar to the Athabasca Basin UNCONFORMITY VEIN & BRECCIA TYPE Cross-cutting basement rocks (Amer and Neoarchean Woodburn Lake Groups). Associated with Illite, Chlorite Hematite alteration. Reactivated basement faults intersecting unconformity and
Slide 15: Nut Lake Project Previous Work
PREVIOUS WORK Nut Lake Project DRILLING & SURFACE SAMPLING 1979 Winkie Drilling returned several encouraging drilling results, including up to 9ft of 0.69% U3O8 including 4.9% U3O8 over 1ft from 8ft depth. Historically Pan Ocean Oil identified multiple coincident anomalies including Magnetic Lows, V
Slide 16: Nut Lake Historical Drilling & Surface Sampling
PREVIOUS WORK Nut Lake Project HISTORICAL DRILLING & SURFACE SAMPLING In 1979, Pan Ocean Oil Ltd. performed an exploration program consisting of ground geophysics, geological mapping, prospecting and Winkie drilling as follow up to previous sampling with elevated uranium in dyke swarms, fractures an
Slide 17: Nut Lake Hyperspectral & Magnetic Helium and Faulting
PREVIOUS WORK Nut Lake Project HYPERSPECTRAL & MAGNETIC HELIUM AND FAULTING Regional Magnetics shows a strong NW-SE trending fault. A hyperspectral survey undertaken identified several helium anomaly clusters spatially associated with the fault. Helium is a decay product of Uranium and is an explora
Slide 18: Weyman Copper Project: British Columbia
Weyman Copper Project: British Columbia © 2024 GREENRIDGE EXPLORATION 18
Slide 19: Weyman Project
INTRODUCTION Weyman Project Weyman Project 6,925 Acres in Southeastern British Columbia. The Project is located within the southern Quesnel Terrane. Prospective for a copper porphyry-type mineralization. © 2024 GREENRIDGE EXPLORATION 19
Slide 20: Weyman Project Previous Work
PREVIOUS WORK Weyman Project 2020 AIRBORNE MAGNETIC SURVEY Identified the ‘the Weyman Thrust’ including three westerly dipping thrust faults. 2014 SOIL SAMPLING Returned Elevated Levels of Copper including samples of 145 and 115 ppm Cu. 1988 & 1989 DIAMOND DRILLING Returned results included elevated
Slide 21: KorrAI
CUTTING-EDGE TECHNOLOGY KorrAI KorrAI’s revolutionary satellite-based AI solution provides new insights for mining exploration companies. By leveraging new technologies to synthesize multiple data-sets, KorrAI is able to build a model that can be re-trained to iteratively refine the quality of targe
Slide 22: Legal Disclaimer
Legal Disclaimer WARNING This management presentation was prepared as a summary overview only of the current affairs of Greenridge Exploration Inc. (the “Company” and “Greenridge Exploration”) and was not prepared for the purpose of assisting prospective investors in making a decision to invest in a
Slide 23: Contact
[email protected] (778) 897 – 3388 greenridge-exploration.com Twitter.com/GXP_Exploration Linkedin.com/company/greenridge-exploration CSE: GXP | FRA: HW3 © 2024 GREENRIDGE EXPLORATION
Slide 24: Canada's Uranium Market
Canada’s Uranium Market JURISDICTION GLOBAL SUPPLIER Stable, supportive government and Canada is the world’s second largest communities, skilled workforce and producer of uranium, accounting for established infrastructure. roughly 13% of total global output. Straightforward permitting. THE HIGHEST G
Slide 25: Appendix
Appendix © 2024 GREENRIDGE EXPLORATION 25
Slide 26: Rising Demand, Depleting Supply
Rising Demand, Depleting Supply Climate change, energy security, and energy affordability have led to a significant increase in demand and new investments in nuclear energy. Uranium supply will need to at least double by 2040 to meet the growing needs. The energy transition, geopolitics, and energy
Slide 27: Global Demand for Uranium is Growing
Global Demand for Uranium is Growing at the Same Time Supply is Becoming Less Certain1 Figures shows reactors operable There are 482 nuclear Global Electricity Intense development of new facilities proposed, Market is Expected to projects will be needed in the planned or under Reach $271 Billion by
Slide 28: Uranium's Generation Supply Challenge
Uranium’s Generation Supply Challenge PRIMARY SUPPLY YET TO RECOVER FROM 10-YEAR BEAR MARKET Unprecedented Ongoing Geopolitical Risk To Uranium Supply Producing mines left with depleted reserves, grades Expansion projects require major Capex 40% global supply from Kazakhstan (borders Russia, Few adv
Slide 29: Nuclear's Role in the Energy Transition
WHY URANIUM? Nuclear’s Role in the Energy Transition Nuclear energy has the lowest carbon footprint for power generation compared to any other source and is the most reliable option for carbon- free baseload electricity generation. The energy sector 60% of US Around 55 Gt of CO2 is responsible for e
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