Phil Williams

It's a very easy to mine deposit. It sits right at surface from from surface down to to 10 mters.

We're a diversified uranium explorer, developer, and near-term producer with assets in the top jurisdictions in the world, Canada, the United States, and Australia. We're focused on restarting production in the United States and on exploring our ultra high-grade hurricane deposit in Aabaska, Saskatchewan.

we're focusing on our the highest grade uranium resource in the world in Canada at the hurricane deposit.

there's approximately 75 million pounds between the three deposits that make up the Wuna project.

in the indicated category, you have 48.6 million pounds at 34.5% grade.

The Waluna project is a a sizable resource. There's about 75 million pounds.

we have this tremendous high-grade resource in the aab basket.

It's the Wuna project proper which is Lake Way, Centipede Millipede, and Lake Mland. Those are the three that we're going to focus on.

it's the highest grade resource project in the world. Um, in the indicated category, you have 48.6 million pounds at 34.5% grade. Extraordinarily high grade.

It's a 300 million capex which is very manageable for a company of our side but a stretch for a for a company a micro cap uranium company.

beneficiation techniques that we've that we've done that we've tried uh Tonym or on a small scale basis that look quite promising. it could dramatically potentially dramatically lower operating costs.

Earlier this year, we went to raise capital for ISO Energy. Um we went out to raise $50 million.

There were 45 different institutional investors that came into that financing. Lots of new names. At least half the book was were new names.

I would give us sort of give us 12 to 18 months post uh completion of the acquisition to execute on those plans

There was 300 million of over 300 million in demand in that book. So um over six times subscribed

we've um opted for starting with a kind of toll milling agreement potentially with uh White Mesa Mill.

We are well funded. We have $130 million in the bank.

it will take a couple of years to ramp all of those projects uh up in questionably

You you've got kind of Tony Tony M is one of your most advanced projects there.

We're doing a bulk sample, which really just represents a smallcale mining exercise. We're taking about 2,000 tons out of the mine, uh sending it down the road to the White Mesa Mill for processing.

So, it's going to take till the end of Q1 for for that to happen.

That economic study is is underway. We've we've retained the the various consultant groups that are going to do that on our behalf and and it should be delivered before the end of the year.

We're a diversified uranium developer, explorer, and near-term producer in the top jurisdictions in the world for uranium being Canada, the US, and Australia.

We're a diversified uranium explorer, developer, and near-term producer with assets in the top jurisdictions in the world, Canada, the United States, and Australia.

assets in the top jurisdictions in the world for uranium mining being Canada, the US, and Australia.

they had a federal and a state permit to advance the project to advance the mine to build the mine previously. Um and the Western Australian government in all standing there will there's a lot of noise about where they sit on uranium today. Um the current government has indicated that they will honor those past uh permits.

we have significant infrastructure already at the project. all the surface infrastructure that was there, all the underground infrastructure that's in place because the mine was in production back in the 2007208 time frame.

There's a history of permitting. there's a strategic partner uh in place and and and really quite compelling economics

this beneficiation technology was able to remove 75% of the volume and keep over 90% of the uranium.

we're talking about having 80 to 100 people at that project when it's ultimately in development then we'll stage then we'll bring Daeneros on then we'll bring Rim on

one of the main things that we're that we're looking to do, of course, is reconcile the the geological model. So, it's is the uranium where we think it's going to be at the grades we think it's going to be.

there's also plans to do a pilot plant to test out some of the metallurgical work that they have been doing which was giving some very interesting results

It's the the the White Mesa Mill, of course, as as you would know and a lot of your listeners would know, it's the only operable conventional uranium mill in the United States today.

we have a acquisition that we announced last year of Toro Energy a tremendous project in Western Australia what we think is an overlooked project for a whole host of different reasons but that that together the two companies can really uh drive that project forward. Um we will we will be expecting to close on that transaction in early April

NextGen of course continues to own. They they got they got diluted down to about 28% on the Torah transaction.

making the decision to go back into ultimately full-scale mining.

I think 2026 is going to be a tremendous year for us.