Arizona Strip Properties

Collection of uranium properties on the Arizona Strip in north-central Arizona including the Arizona 1 Project, Wate Project and EZ Project. Pinenut has been reclaimed except for a two-acre disturbance associated with a monitor well. Mineral extraction at Arizona 1 commenced in December 2009 and continued until placed on standby in February 2014 on depletion of readily available resources. Wate and EZ Projects are in the evaluation stage with permitting currently on hold; in 2026 the Company will evaluate the existing mine plans and engineering associated with the EZ Complex and may determine to start the permitting process. Non-material properties; no S-K 1300 Mineral Resources or Mineral Reserves declared.