Junior Uranium explorer in the Athabasca Basin Patterson Claims
Cautionary Note Regarding Forward-Looking Statements This Presentation and the exhibits attached herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements concern our anticipated results and developments in our operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Statements concerning reserves and mineral resource estimates may also be deemed to constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed, and in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as expects or does not expect, is expected, anticipates or does not anticipate, plans, estimates or intends, or stating that certain actions, events or results may, could, would, might or will (or the negative and grammatical variations of any of these terms and similar expressions) be taken, occur or be achieved, are not statements of historical fact and may be forward-looking statements. Such statements are included, among other places in this Presentation, in Regulatory filings in the sections entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations, "Description of Business" and "Description of Property." Forward-looking statements are subject to a variety of known and unknown risks and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. Uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without Limitation: risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; results of initial feasibility, pre-feasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; mining exploration risks, including risks related to accidents, equipment breakdowns or other unanticipated difficulties with or interruptions in production; the potential for delays in exploration activities or the completion of feasibility studies risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; risks related to commodity price fluctuations; the uncertainty of profitability based upon the Company's history of losses; risks related to failure of the Company and/or its joint venture partner to obtain adequate financing on a timely basis and on acceptable terms; risks related to environmental regulation, permitting and liability; political and regulatory risks associated with mining and exploration; other risks and uncertainties related to the Company's prospects, properties and business strategy. This list is not exhaustive of the factors that may affect our forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are described further in the sections of our Regulatory filings entitled Risk Factors, Information on the Company and Operating and Financial Review and Prospects and in the exhibits attached to our Annual Report on Form 20-F. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward looking statements. Although the forward-looking information contained in this Presentation is based upon what the Company s management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such information. Forward looking information reflects management s current beliefs and is based on information currently available to the Company. Such information reflects current assumptions regarding future events and operating performance including, without limitation, a strong global demand for mineral commodities, continued funding and continued strength in the industry in which the Company operates, and speaks only as of the date of this discussion. The forward-looking information is made as of the date of this Presentation. The Company does not assume any obligation to update forward-looking statements if circumstances or management s beliefs, expectations or opinions change, except as required by law. For the reasons set forth above, investors should not place undue reliance on forward-looking statements. 2
Thank you for your interest in Makena Resources Inc (MKN TSX.V). We are currently in the process of completing a financing to fund the upcoming drill program. The terms for the private placement is 1 cent with a full 5-year warrant at 5 cents. There is both flow through and hard dollar financing available and both are at the same terms. A Maximum Finder s Fee will be paid. Please let me know your level of interest, or if you have any questions regarding this financing. Several upcoming project milestones make this an exciting time period for Makena s growth. An aggressive follow up work program on the Athabasca Uranium Prospect bordering the PLS discovery has uncovered an intense gravity low interpreted by Dr. Karl Schimann, an Athabasca Basin expert and the lead geologist who found the Cigar Lake Uranium Deposit. As you can see, MKN is entering a period of significant growth potential and management is optimistic regarding the Patterson Uranium District and the future growth of Makena. This placement will be used for follow up drilling on this prospect. Corporate Highlights: Follow up drilling is being planned on the Patterson Uranium Prospect that borders the PLS discovery made by Fission Uranium Corp. (FCU-TSX) in the 2 nd quarter 2016. The first drill program was cut short, however, anomalous uranium together with the alteration observed in the core, suggest the presence of mineralizing fluids along the unconformity similar to other discoveries within the basin (NexGen, Fission)similar to Makena currently has one of the smallest market cap s of any company bordering the PLS discovery, therefore has significant leverage to any developments in the area Added the lead geologist who found the Cigar Lake Uranium Deposit and Athabasca Basin expert, Dr. Karl Schimann to the company Two distinctive anomalous zones were encountered during the first phase of an aggressive work program Ground work on the Patterson Uranium Prospect uncovered an intense 1.5 km by 0.5 km gravity low anomaly which correlates with the VTEM data previously gathered and is associated with a structural lineament defined by the VTEM The second primary prospect of Makena s is the Clone gold prospect near Stewart, BC. A drill program was conducted which returned significant grades of12.80 m (42ft) of 44.75g/t
PLS Region: MAP
Location: Patterson Claims Regional Geology Gravity Anomalies April 13, 2015 MKN reports that gravity surveys carried out by Makena Resources as part of the Patterson West uranium project in the Athabasca Basin, has uncovered multiple gravity anomalies including an intense 1.5 by 0.5 km anomaly along a major geological domain boundary. Further exploration, including drilling is planned by Makena on this large, strong target. This new exploration will test for uranium mineralization in the basement rocks. The property is located adjacent to the PLS claims of Fission Uranium Corp, and 10 km north west of their triple R deposit. The Arrow discovery of NexGen Energy Ltd, is located approximately15 km east of the main gravity anomaly on the Patterson property. Dr. Karl Schimann, stated, "Recently completed gravity surveys at the Patterson project have outlined multiple intense gravity low anomalies. The largest and most intense anomaly is 1.5 km long by 0.5 km wide and correlates with magnetic lineaments as well as with VTEM conductive anomalies. This strong anomaly is close to, and parallel to, the magnetic boundary marking the edge of the Clearwater Domain. Historical drill hole CLU11-79 is also close to this boundary, and the basement intersected in this drill hole is mylonitised and clay/sericitealtered. Drilling is warranted on this welldefined anomaly."
Regional Magnetics: Patterson Claims
Location: Patterson Claims Summary Patterson West: Shallow cover (154m), close to road (4km), straddles major structural boundary, VTEM geophysical survey over 80% of claims, distinct breaks, basement conductors.
Patterson West Claim: Total Magnetic Field Possible Basement Conductors from VTEM survey unconformity at 154 metres Cluff Lake Road
Possible Basement Conductors from VTEM survey Patterson West Claim: Vertical Magnetic Gradient
Patterson West Claim: Magnetic Analytical Signal Possible Basement Conductors from VTEM survey
Possible Basement Conductors from VTEM survey Patterson West Claim: VTEM Channel 1600 µs
Possible Basement Conductors from VTEM survey Patterson West Claim: VTEM Channel 150 µs
Share Cap: Common shares 62,366,783 issued and outstanding Options 2,993,000 issued and outstanding. Details please see below: Number Exercise Price Expiry Date 160,000 $2.00 July 19, 2016 508,000 $0.06 August 15, 2018 1,100,000 $0.065 December 20, 2018 1,225,000 $0.05 August 28, 2019 2,993,000 TOTAL Warrants 35,305,047 issued and outstanding. Details please see below: Number Exercise Price Expiry Date 1,000,000 $0.10 September 20, 2016 3,231,714 $0.05 August 9, 2018 5,333,667 $0.18 October 24, 2018 1,004,666 $0.18 November 5, 2018 605,000 $0.20 December 2, 2018 6,750,000 $0.05 August 21, 2019 10,400,000 $0.05 July 6, 2020 6,980,000 $0.05 November 19, 2020 35,305,047 TOTAL
CanAlaska Uranium Ltd. The placement will enable Makena to conduct a follow up drill program on the Patterson Prospect. We have targets located and mapped and are hope to uncover the next discovery in the Athabasca Basin. The terms are priced at the low end of the historical price of Makena and offers a very generous warrant. Based on the upside potential of the drill program results and the market caps of our neighbours, management feels this placement is an excellent potential opportunity. Makena Resources Inc. MKN TSX Venture Negar Adam President & CEO 604.685.5150 www.makenaresourcesinc.com 14