Investor Presentaiton
RESOURCE SUMMARY
THE MINERAL RESERVES & RESOURCES IN THE 1st TABLE COMPLY WITH THE REQUIREMENTS OF BOTH S-K 1300 (US) & NI 43-101 (CANADA)
Project
Sheep Mountain - Open Pit
Sheep Mountain - Underground
Mineral Reserves Total
Project
Nichols Ranch
Jane Dough3
Hank
North Rolling Pin
Wyoming ISR Total
Alta Mesa Project
Texas ISR Total
Sheep Mountain4
Roca Honda
Pinyon Plain
La Sal Complex
Bullfrog (Henry Mountains)
Conventional Total
Mineral Resources Total
Project
La Sal Complex
Mineral Resources Total
URANIUM MINERAL RESERVES¹
Proven
Probable
Tons ('ooo)
Grade (%U₂O)
Lbs. U₂O ('000)
Tons ('ooo)
Grade (%U,O)
3,955
0.115
Lbs. U₂O ('000)
9,117
Tons ('ooo)
Total Mineral Reserves
Grade (%U,O)
Lbs. U₂O ('000)
3,955
0.115
3,498
0.132
7,453
0.123
9,248
18,365
3,498
0.132
7,453
0.123
9,117
9,248
18,365
URANIUM MINERAL RESOURCES2
Tons ('ooo)
11
Measured
Grade (%U₂O₂)
0.187
Lbs. U₂O ('000)
Tons ('ooo)
Indicated
Grade (%U₂Og)
Lbs. U₂O ('000)
Tons ('ooo)
Inferred
Grade (%U₂O)
Lbs. U₂O ('000)
41
359
0.166
1,190
---
---
---
---
1,532
0.112
3,432
152
0.112
340
---
---
450
0.095
855
423
0.095
803
---
---
582
0.057
665
39
0.042
33
11
0.19
41
2,923
0.11
6,142
614
0.10
1,176
54
0.152
164
1,516
0.107
3,246
6,996
0.12
16,793
54
0.15
164
1,516
0.11
3,246
6,996
0.12
16,793
4,210
0.11
9,570
208
0.48
1,984
1,639
0.48
15,638
1,513.
0.46
13,842
6
0.46
55
127
0.92
2,347
16
0.38
126
823
0.26
4,281
---
---
1,560
0.29
9,100
410
0.25
2,010
214
0.48
279
0.40
2,039
2,244
7.536
0.24
36,655
2,762
0.37
11,975
0.19
46,043
10,372
0.18
20,259
38,228
VANADIUM MINERAL RESOURCES2
Tons ('ooo)
Measured
Grade (%V₂O)
Lbs. V₂O ('000)
Tons ('000)
Indicated
Grade (%V₂O₂)
Inferred
Lbs. V₂O ('000)
Tons ('ooo)
11-
---
---
823
823
Grade (%V₂O)
1.08
1.08
Lbs. V₂O ('000)
17,746
---
---
17,746
COPPER MINERAL RESOURCES2
Measured
Indicated
Inferred
Project
Pinyon Plain
Tons ('ooo)
Grade (%Cu)
Lbs. Cu ('ooo)
Tons ('ooo)
Grade (%Cu)
Lbs. Cu ('ooo)
6
9.60
Mineral Resources Total
6
9.63
1,155
1,155
90
90
5.89
5.86
10,553
10,553
Tons ('ooo)
4
Grade (%Cu)
Lbs. Cu ('ooo)
6.50
470
5.88
470
HISTORICAL URANIUM MINERAL RESOURCES3
Tons ('ooo)
Measured
Grade (%U₂O₂)
Lbs. U₂O ('000)
Historical ISR Total
Whirlwind
Wate
EZ Complex
Arizona 1
Historical Conventional Total
West North Butte
Arkose Mining Venture²
Historical Resource Total
Tons ('ooo)
169
Indicated
Grade (%U₂O₂)
Inferred
0.30
Lbs. U₂O ('000)
1,003
Tons ('ooo)
Grade (%U₂O)
Lbs. U₂O ('000)
437
0.23
2,000
71
0.79
1,118
224
0.47
2,105
26
0.26
134
169
0.30
1,003
758
0.35
5,357
926
0.153
2,837
1,117
0.120
2,682
1,663
0.099
3,293
926
0.153
2,837
2,780
0.107
5.975
1,095
0.175
3,840
3,538
0.160
11,332
1 Figure includes only joint venture share of mineral resources applicable to Energy Fuels.
2 These numbers are exclusive of Mineral Reserves; this Mineral Resource number includes both Sheep Mountain open pit and underground
3 The Historical Resources do not meet the definition of Mineral Resources as defined in S-K 1300. Additional work needs to be completed to classify these Historical Resources as current.
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