| 100% Basis | Company’s Share | |||||||||||||||
| Deposit | Tons | Grade (% U3O8) | Pounds of U3O8 (,000) | Pounds of U3O8 (,000) | ||||||||||||
| Southwest Pod | 47,600 | 2.10 | 2,000 | 500 | ||||||||||||
| Southeast Pod | 126,700 | 0.73 | 1,900 | 400 | ||||||||||||
| Confidence Category | Domain | Volume (x1000 m³) | Density (g/cm³) | Tonnes (kt) | Average Grade (%U3O8) | Contained U3O8 (Mlb) | ||||||||||||||||
| Measured | ZoneA_HG | 6.7 | 3.84 | 25.9 | 50.7 | 28.9 | ||||||||||||||||
| ZoneA_LG | 16.5 | 2.33 | 38.3 | 2.3 | 2.0 | |||||||||||||||||
| Total | 23.2 | 2.77 | 64.2 | 21.8 | 30.9 | |||||||||||||||||
| Indicated | ZoneA_HG | 8.8 | 3.37 | 29.6 | 42.0 | 27.4 | ||||||||||||||||
| ZoneA_LG | 57.9 | 2.33 | 134.8 | 2.0 | 5.8 | |||||||||||||||||
| ZoneB_HG | 4.3 | 2.66 | 11.5 | 22.3 | 5.7 | |||||||||||||||||
| ZoneB_LG | 17.1 | 2.34 | 40.1 | 0.9 | 0.8 | |||||||||||||||||
| Total | 88.1 | 2.45 | 216.0 | 8.3 | 39.7 | |||||||||||||||||
| Total Measured and Indicated | 111.3 | 2.52 | 280.2 | 11.4 | 70.5 | |||||||||||||||||
| Inferred | ZoneA_Bsmt | 2.4 | 2.34 | 5.6 | 2.6 | 0.3 | ||||||||||||||||
| 100% Basis | Company Share(9) | |||||||||||||||
| Project/Deposit | Tonnes | Grade % U3O8 | Pounds of U3O8 (,000) | Pounds of U3O8 (,000) | ||||||||||||
| Wheeler River - Phoenix(7) | 216,000 | 8.3 | 39,700 | 37,700 | ||||||||||||
| Wheeler River - Gryphon(7) | 1,643,000 | 1.7 | 61,900 | 58,800 | ||||||||||||
| Wheeler River Subtotal | 1,859,000 | 101,600 | 96,500 | |||||||||||||
| McClean - Caribou | 47,800 | 2.6 | 2,800 | 600 | ||||||||||||
| McClean - Sue D | 122,800 | 1.1 | 2,800 | 600 | ||||||||||||
| McClean - McClean North | 204,300 | 2.8 | 12,200 | 2,700 | ||||||||||||
| McClean Subtotal | 374,900 | 17,800 | 3,900 | |||||||||||||
| Midwest - Midwest Main | 453,000 | 4.0 | 39,900 | 10,100 | ||||||||||||
| Midwest - Midwest A | 566,000 | 0.87 | 10,800 | 2,700 | ||||||||||||
| Midwest Subtotal | 1,019,000 | 50,700 | 12,800 | |||||||||||||
| Waterbury - THT (formerly J Zone) | 291,000 | 2.0 | 12,800 | 8,900 | ||||||||||||
| Total Indicated Mineral Resources | 3,543,900 | 182,900 | 122,100 | |||||||||||||
| Confidence Category | Tonnes (kt) | Grade (% U3O8) | Recoverable U3O8 (Mlb) | |||||||||
| Proven | ||||||||||||
| Phase 1 | 6.3 | 24.5 | 3.4 | |||||||||
| Subtotal Proven | 6.3 | 24.5 | 3.4 | |||||||||
| Probable | ||||||||||||
| Phase 1 | 41.3 | 20.2 | 18.4 | |||||||||
| Phase 2 | 45.2 | 13.8 | 13.7 | |||||||||
| Phase 3 | 20.3 | 11.0 | 4.9 | |||||||||
| Phase 4 | 68.9 | 7.2 | 10.9 | |||||||||
| Phase 5 | 37.0 | 6.6 | 5.4 | |||||||||
| Subtotal Probable | 212.7 | 11.4 | 53.3 | |||||||||
| Total Proven and Probable | 219.0 | 11.7 | 56.7 | |||||||||
| Date of Issuance | Options Issued (#) | Exercise Prices ($) | |||||||
| March 13, 2023 | 1,726,000 | $ | 1.49 | ||||||
| May 12, 2023 | 40,000 | $ | 1.48 | ||||||
| August 14, 2023 | 19,000 | $ | 1.85 | ||||||
| December 20, 2023 | 96,000 | $ | 2.31 | ||||||
| TOTAL | 1,785,000 | ||||||||
