Preston!Lake! - Palisade Media

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