Northwest Athabasca Joint Venture

Northwest Athabasca Joint Venture Project Overview

Northwest Athabasca Joint Venture Project Location

Northwest Athabasca Joint Venture Project Geology

Historical Work

2003-2007: Cameco Corp. (“Cameco”) Surveys

2011: Forum Takes Over

2012-2015: Forum’s Drill Programs

2017: Soil/Till Sampling Program

*The Maurice Bay historical resource estimate was completed prior to the implementation of National Instrument 43-101. Given the extensive exploration work completed by experienced mineral resource companies, and the quality of the historical work completed, the Company believes the historical estimate to be relevant and reliable. However, a qualified person has not completed sufficient work to verify and classify the historical estimate as a current mineral resource, and the Company is not treating the historical estimate as a current mineral resource. It should be noted that mineral resources, which are not mineral reserves, do not have demonstrated economic viability.​