Cautionary Statements Some% of% the% statements% in% this% presentation% may% be% deemed% to% be% “forward4looking% statements.”% %All%statements%within%this%document,%other%than%statements%of%historical% facts,%that%address%events%or%developments%that%management%of%the%Company%expect%to% occur%are%forward4looking%statements.%%Although%management%believes%the%expectations% expressed% in% such% forward4looking% statements% are% based% on% reasonable% assumptions,% such% statements% are% not% guarantees% of% future% performance,% and% actual% results% or% developments%may%differ%materially%from%those%in%the%forward4looking%statements.%%The% Company% undertakes% no% obligation% to% update% these% forward4looking% statements% if% management’s%beliefs,%estimates%or%opinions,%or%other%factors,%should%change.% %Factors% that% could% cause% actual% results% to% differ% materially% from% those% in% the% forward4looking% statements% include% market% prices,% exploration% and% development% successes,% continued% availability% of% capital% and% financing,% and% general% economic,% market% or% business% conditions.%%Please%view%the%public%filings%of%the%Company%at%www.sedar.com%for%further% information.% Corporate Overview !!Unique/Value,Accretive!Partnership:!Lucky%Strike%Resources%is%a%member%of%the% Western%Athabasca%Syndicate,%a%partnership%between%4%mineral%exploration%companies% that%aims%to%optimally%explore%and%advance%quality%uranium%assets! !!Large!Land!Position:!The%Company%has%an%option%to%earn%and%retain%a%25%%interest%in% 5%uranium%properties%covering%over%700,000%acres%in%the%Athabasca%Basin! !!Premier!Uranium!District:!The%Athabasca%Basin%is%the%world’s%highest4grade%uranium% district,%boasting%uranium%grades%that%run%in%excess%of%20%times%the%global%average! !!Next!Door!to!Major!Discovery:!Property%portfolio%is%located%in%close%proximity%to%the% high4grade%Patterson%Lake%South%discovery%made%by%Alpha%Minerals%and%Fission%Uranium! !!Intensive!Exploration!Focus:!The%Western%Athabasca%Syndicate%is%set%to%spend%at% least%$6M%in%combined%exploration%expenditures%over%the%next%two%years! Why The Athabasca Basin? %%%Highest!Uranium!Ore!Grades!in!the!World! o !!Average%~2%%U3O8%in%the%Athabasca%Basin% (global%average%is%only%~0.1%%U3O8)% o !!Several%deposits/mines%with%ore%grades% exceeding%15%%U3O8%(e.g.%Mac%Arthur%River,% Cigar%Lake,%Phoenix%Deposit)! %%%Large!Scale!Global!Uranium!Producer!!% o %%The%Athabasca%Basin%generates%approximately%20%%of% the%world’s%current%uranium%production% o %%Rio%Tinto%has%spent%more%than%$650M%in%the%Basin%post4Fukushima% !!!Saskatchewan:!Excellent!Mining!Jurisdiction! o %%Highly%favorable%regulatory%environment;%world4class%infrastructure% o %%The%Company’s%main%property,%Preston%Lake,%is%accessible%from%the%all4 weather%Highway%955! Western Athabasca Syndicate %%The%Western%Athabasca%Syndicate%Partnership%(WASP)% was%formed%in%order%to%optimally%explore%and%advance% five%quality%uranium%assets%within%the%Athabasca%Basin% %%The%express%purpose%of%the%partnership%is%to%discover% high4grade,%world4class%uranium%deposits% %%Partnership!Agreement!Between:% o %%Noka%Resources%Inc.%(TSX4V:%NX)% o %%Lucky%Strike%Resources%Ltd.%(TSV4V:%LKY)% o %%Skyharbour%Resources%Ltd.%(TSX4V:%SYH)% o %%Athabasca%Nuclear%Corp.%(TSX4V:%ASC)% o %%Operator(via(TerraLogic(Exploration(Inc.(( %%Each%company%has%the%option%to%acquire/retain%a%25%% interest%in%five%properties%totaling%287,131%hectares%% WASP Strategic Benefits %%%Largest!Land!Package:!WASP%controls%the%largest%land%package%in%a%newly%emerging% uranium%district%that%encompasses%the%Patterson%Lake%South%(PLS)%discovery% !!!Wealth!of!Experience:!Collectively,%the%4%companies%partnering%to%form%the%syndicate% boast%more%than%200%years%of%exploration%and%finance%experience% %%Technical!Know,How:!Strong%technical%team%led%by%TerraLogic%Exploration%as%operator,% with%additional%support%provided%by%Dahrouge%Geological%Consulting%Ltd.% !!Economies!of!Scale:!WASP%provides%a%cost4efficient%and%operationally4effective%structure% to%conduct%large%scale%exploration%programs% %%Risk!Mitigation:!Partnership%arrangement%drastically%reduces%company4specific%risk,%while% still%maintaining%a%significant%ownership%position%for%each%participant% %%Expedited!Exploration:!Numerous,%high4quality%exploration%targets%already%identified%at% Preston%Lake%Property;%$1M+%committed%to%drilling%program%during%Q2/Q3%2014! WASP Property Holdings Patterson Lake South Area %%Four%of%Western%Athabasca%Syndicate’s% five%properties%sit%%in%the%Patterson%Lake% South%(PLS)%Area% %%WASP%controls%the%largest%prospective% land%position%that%is%proximal%to%the%PLS% high4grade%discovery% %%WASP%is%well4positioned%in%the%area,% with%holdings%to%the%north,%south,%and% east%of%the%PLS%discovery%area% %%The%flagship%Preston%Lake%Property,% which%covers%246,643%hectares,%lies%just% 26%km%SE%of%the%PLS%discovery%area%and% is%directly%contiguous%to%claims%held%by% Fission%Uranium,%Forum%Uranium%and% NexGen%Energy% Patterson Lake South Area The%Patterson%Lake%South%area%is%situated%along%the% southwestern%part%of%the%Athabasca%Basin.%%Following% the%recent%discoveries%of%shallow,%high4grade%uranium% ore%bodies,%there%has%been%a%rapid%escalation%in%claim% acquisitions%and%exploration%activity%in%the%area.% Drill!Highlights!from!Patterson!Lake!South!include:! o !!49.5m%of%6.26%%U3O8%(including%6.0m%of%35%% U3O8)%in%drill%hole%PLS134053% o !!53.0m%of%6.57%%U3O8%(including%10.5m%of%29.26%% U3O8)%in%drill%hole%PLS134051% o !!34.0m%of%4.92%%U3O8%(including%12.5m%of%12.38%% U3O8)%in%drill%hole%PLS134038% o %%54.5m%of%9.08%%U3O8%(including%21.5m%of%21.76%% U3O8)%in%drill%hole%PL134075%(very%recently%reported)! Note:(Management(cautions(that(past(results(or(discoveries(on(proximate(lands(are(not( necessarily(indicative(of(the(results(that(may(be(achieved(at(WASP’s(properties( These% discoveries% demonstrate% the% potential% for%high4grade%uranium%mineralization%on%the% margins%of%the%western%side%of%the%Athabasca% Basin,%where%significantly%less%exploration%has% been%carried%out%as%compared%to%the%eastern% side%of%the%Basin.% Preston Lake Project %%Preston%Lake%sits%approximately%26km%SE%of%the%Patterson%Lake%South%discovery%area;%it%is%directly% contiguous%to%claims%held%by%Fission%Uranium,%Forum%Uranium%and%NexGen%Energy% %%Property%is%accessible%by%road%with%primary%access%from%the%all4weather%Highway%955,%which%runs% north%through%the%PLS%discovery%up%to%the%former%Cluff%Lake%uranium%mine% %%Many%of%the%property’s%claims%are%underlain%by%Phanerozoic%rocks%(limestone%and%sandstone)%–%a% rock%type%that%is%present%across%wide%swathes%of%the%PLS%discovery%area% %%Limited%historic%exploration%at%Preston%Lake%has%identified%clusters%of%anomalous%uranium%in%lake% sediment%samples%and%anomalous%uranium%values%in%rock%samples%(up%to%5.6%ppm%U3O8)% %%A%sample%collected%by%the%Geological%Survey%of%Canada%along%%a%western%section%of%the%property% returned%a%value%of%5.4%ppm%U3O8,%considered%to%be%significant%in%an%area%with%a%background%uranium% value%of%1%ppm%U3O8% %%Numerous,%high4quality%exploration%targets%have%been%identified%through%an%initial%evaluation%of% the%property;%$1M+%is%earmarked%for%an%exploratory%drilling%program%in%Q2/Q3%2014% Prospective Corridors High!Potential!Exploration!Corridors! %%Prospective,%parallel%trends%defined%by% groups%of:% o !!Conductors,!! o !!Magnetic!lows,!and! o !!Structure! %%Preston%Lake%is%situated%in%historically% underexplored%south%of%Basin% %%Property%bisected%by%all4weather%road% Corridors'Not' Drill'Tested' Radon In Water Map Radon!In!Water!Survey!Completed! at!Preston!Lake!in!September!2013! %%Collected%291%water%samples%from% lakes,%local%swamps,%and%ponds%using%a% float%equipped%helicopter%&%boats% %%Identified%the%presence%of%several% distinct%anomalous%clusters% %%Many%anomalies%coincident%with% exploration%corridors% %%Nine%samples%returned%>23%pCi/l%with%a% peak%value%of%98%pCi/l% %%Radon%in%water%survey%results%were% Limited' Sampling' instrumental%in%identifying%first%pass%drill% targets%at%nearby%PLS%discovery% Lake Sediment Map Lake!Sediment!Geochemical!Survey! Completed!at!Property!in!October!2013! %%%Survey%confirmed%several%historic%clusters% of%anomalous%U%concentrations%well%above% the%background%value%of%1.0%ppm%U%in%lake% sediments.% %%Identified%many%anomalies%coincident%with% exploration%corridors% %%A%total%of%133%samples%had%an%anomalous%U% value,%including%a%peak%of%7.0%ppm%U;%for%sake% of%comparison,%the%highest%value%down4ice% from%the%PLS%discovery%is%3.8%ppm%U.% Target Areas Defined Following%a%successful%$1.5M%exploration% program% in% 2013,%WASP% has% successfully% defined% several% prospective% target% areas% at%Preston%Lake.% %Further%exploration,%as% well%as%drilling,%is%planned%for%2014.% Preston!Lake!Favourable!Attributes:! o %%Geology% o %%Magnetic%low% o %%Structure%or%structural%corridor% o %%Conductor% o %%Uranium%in%lake%sediment% o %%Radon% Limited' Sampling' Work Program Highlights Preston!Lake!Property! o o !!2013!&!Exploration!Completed! o Airborne%high%resolution%VTEM%plus%and%radiometric%survey% o Prospecting,%soil%and%biogeochemical%profiles%% o Regional%lake%sediment%and%‘radon%in%water’%sampling% o Fifteen%high%quality%targets%under%initial%evaluation% o A%total%of%~$1.5M%in%expenditures%completed% !!Q2/Q3!2014!–!Exploration!Planned! o Ground%gravity,%EM,%and%radon%surveys%over%highest%priority%targets% o Initial%drilling%testing%in%Q2/Q3%(~1500%to%2000m%planned)% o $1M+%budgeted%for%drill%program% Management Team Ron!Rieder!,!President!&!CEO! Henry!Neugebauer!,!Director!&!Qualified!Person! Mr.%Rieder%has%30%years%of%experience%in%orchestrating%and% putting%together%financings%for%small%and%micro4cap%companies.% Most%recently,%Mr.%Rieder%served%as%the%VP%of%Corporate%Finance% for%a%junior%gold%explorer,%where%he%assisted%in%raising%in%excess% of%$20M%for%the%company%over%a%34year%time%period.%He%has%been% active%in%almost%all%facets%of%the%mining%business.% Mr.%Neugebauer,%MS,%MBA,%P.%Eng.%has%worked%as%a%consulting% geologist%and%engineer%since%1965.%During%a%15%year%stint%with% Chevron,%he%held%a%number%of%key%positions,%including%serving%as% Western%U.S.%Exploration%Manager%and%Country%Manager%for% Chevron’s%uranium%exploration%program%in%Spain.% John!Adams!,!Director! Allen!Morishita!,!Chairman!of!the!Board! Mr.%Morishita%boasts%more%than%30%years%of%experience%in%the% securities%industry%as%a%Vice4President%and%investment%advisor% with%Canaccord%Genuity%Corp.%Having%retired%from%Canaccord%in% May%2011,%Mr.%Morishita%is%currently%the%President%of%Kyly% Investments%Ltd.%and%is%also%Secretary/Treasurer%of%Morquest% Trading%Corporation,%both%private%investment%companies.% The%Son%of%the%late%Robert%W.%Adams,%one%of%the%founders%of%the% U.S.%uranium%industry,%he%managed%the%family%owned%company,% Energy%Fuels%Corporation,%which%developed%and%owned%the% largest%coal%mine%in%Colorado.%Mr.%Adams%also%served%as%CEO%of% Energy%Fuels%Nuclear%Inc.,%the%largest%producer%of%uranium%in%the% U.S.%during%the%1980s%and%early%1990s.%He%is%currently%working%to% develop%the%Toroparu%Gold%Deposit%in%Guyana,%South%America.% Patricia!Wilson!,!Director,!CFO!&!Corporate!Secretary! Cathy!Fong!,!Director! Ms.%Wilson%has%in4depth%experience%operating%a%public%company,% having%served%Lucky%Strike%Resources%in%various%progressive% positions,%including%as%CFO,%Corporate%Secretary,%and%Treasurer% over%the%past%20%years.%From%2002%to%2010,%Ms.%Wilson%served%as% the%CEO%of%Lucky%Strike.%She%has%33%years%of%experience%in%the% public%market%sector%in%compliance%and%accounting.% Ms.%Fong%is%an%accomplished%senior%civil/structural%professional% engineer%with%over%20%years%of%experience%in%the%mining,%heavy% industrial%and%commercial%construction%industries.%She%has% completed%projects%for%SNC4Lavalin,%Hatch,%BC%Hydro,%Proctor%&% Redfern%and%Quinn%Dressel.%Ms.%Fong%was%formerly%the%President% of%a%multi4billion%dollar%company.%% Uranium Market Dynamics Rising!Global!Demand!for!Uranium! Prospec7ve'Nuclear'Reactors' %%Global%electricity%demand%set%to%grow%76%%by%2030% %%Number%of%nuclear%reactors%%worldwide%could%double% China o %%434%reactors%currently%operable%worldwide% India o %%553%new%reactors%(310%proposed,%173%planned,% 70%under%construction)% %%China,%Russia,%India,%and%U.S.%are%moving%to%increase% their%nuclear%generation%substantially% Russia USA Source:%World%Nuclear%Association,%February%2014% 0 50 Under%Construction% 100 Planned% 150 200 Proposed% Global!Supply!Crunch!for!Uranium! Source: World Nuclear Association %%Production%from%existing%uranium%mines%is%on% the%decline%% %%End%of%Russia’s%HEU%“Megaton%to%Megawatts”%in% 2013%has%reduced%the%global%uranium%supply%by%18% to%24%million%pounds%annually% Future for Uranium Market Bullish!Catalysts!For!The!Uranium!Market! One(of(the(Best(Commodity(Price(Outlooks( %%Chinese%uranium%purchases%are%rising% rapidly%and%nuclear%reactors%are%being% proposed,%planned%and%built%all%over% the%developing%world% %%Most%of%Japan’s%nuclear%reactors%are% expected%to%be%restarted%later%in%2014% %%The%end%of%Russian%HEU%“Megaton%to% Megawatts”%Agreement%has%removed% 18%to%24%million%lbs.%of%U3O8%from%the% global%uranium%market% Capital Structure Shares%Outstanding:%%%%%%43,178,836% Recent%Share%Price:%%%%%%%%%%%%%$0.08% Warrants%&%Options:%%%%%%%%4,300,000% 524Week%Range:%%%%%%%$0.034$0.16% Fully%Diluted%Shares:%%%%%%47,478,836% Market%Capitalization:%%%%%%%2.77M% Lucky&Strike&Resources&(1&Year&Chart)& TSXIV((Canada):(LKY(((((((FRA((Germany):(LR2(((((((OTCMKTS((USA):(LKYSF( Ron Rieder, President & CEO T: (604) 681-8225 F: (778) 329-1587 E: [email protected] Derek Houston, Investor Relations T: (604) 657-5539 F: (778) 329-1587 E: [email protected] Suite 915 – 700 West Pender St. Vancouver, BC Canada V6C 1G8
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