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ATHA holds upside in key land held by NexGen and IsoEnergy via 10% carried interest

Nexgen Energy 10% Carried Interest

Nearby Assets

Shea Creek Deposit

Indicated
68MM
Inferred
28MM

Triple R Deposit

Resource Size (lbs)
130.4MM
NPV
C$1.2B

 

Arrow Deposit

Resource Size (lbs)
337.4MM
NPV
C$3.5B

Centennial Deposit

Cameco confirmed uranium mineralization

 

NexGen Energy 2023 Program

NexGen completed a total of 22,114m of drilling at SW1 and SW2 to inform priority targets for the 2024 program

Largest exploration program since the discovery of the Arrow Deposit

NexGen Energy 2024 Program

NexGen plans to target 10 different conductive trends at SW1 and SW2, with 14,300m and 15,700m of drilling planned at each property respectively

Geophysics is also planned at SW1, SW2, and SW3 to identify further targets

IsoEnergy 10% Carried Interest

Nearby Assets

Cigar Lake Operating Mine

  • The world’s highest-grade mine1
  • Produced 105MM lbs of uranium since 20141

Cigar Lake Operating Mine

  • World’s largest high-grade uranium mine1
  • 275MM lbs proven & probable reserves1

McClean Lake Deposits and Mill

  • One of the largest uranium processing facilities
  • Annual licensed production of 24MM lbs2

ATHA’s carried interest with IsoEnergy is located amongst the Basin’s most actively developed areas with significant infrastructure in place

ATHA Energy’s Asset Portfolio

A comprehensive asset portfolio with maximized torque to exploration upside.

Exploration Pipeline

7.3MM Acres of Exploration Land

3.8MM acres of land within the Athabasca Basin, 3.1MM acres of land in the Thelon Basin, and 399k acres in the Central Mineral Belt

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RECENT DISCOVERY

The Gemini Discovery

A high grade, basement hosted discovery along a mineralized trend with tremendous potential for additional discovery along underexplored corridor

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Established Resource

Angilak
Discovery

Angilak deposit (43.3MM lbs U3O8) in Nunavut with significant district expansion potential1

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Established Resource

CMB
Discovery

CMB discoveries (14.5MM lbs U3O8) in Labrador with significant district expansion potential1

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1A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves and ATHA is not treating the historical estimates as current mineral resources or mineral reserves.

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