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Focused on a World Class Discovery

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Forward Looking Information

This presentation contains forward-looking statements, which represent the Company’s internal projections, expectations or beliefs concerning, among other things, the Company’s future economic performance and operating results. By their nature, forward looking statements are subject to numerous risks and uncertainties which may cause the Company’s actual performance and financial results in future periods to differ materially from any estimates or projections. Significant risks and uncertainties are discussed in the Company’s reports to shareholders and other documents filed with the Canadian Securities Regulatory authorities.

Technical information and results presented here have been reviewed by Chad Ulansky, PGeol, a qualified person under National Instrument 43-101, who is responsible for the technical content of this release.

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Mission Statement

“Northern Uranium is focused on discovering a world class uranium deposit within its

Northwest Manitoba project”

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Experienced Management

Chad Ulansky, PGeol - President and CEO-25 years of international exploration experience

Gennen McDowall, B.Sc. – Director-over 30 years of international exploration experience with an uranium focus

Jennifer Irons, CPA, CA - Director-10 years of accounting and financial reporting experience

Keiven Bauer, CMA – COO-30 years experience as a Management Accountant

Charles Fipke, PhD – Advisor and significant shareholder-discovered the Ekati Diamond Mine

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Property on Mine Trend

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Athabasca Uranium Deposits

• The uranium deposits of the Athabasca basin have exceptionally high gradeo Cigar Lake and McArthur River have in

excess of 20% U3O8

o Even at $30/lb, this equates to an in situ rock value of $13,200 per tonne

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Target Deposit Type

Sediment and Basement Hosted End Members

Cigar LakeMcArthur River

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Exploration Techniques• Prospecting

o To locate uraniferous boulders

• Magneticso Assists in defining structural preparation (faulting)

• Electromagneticso Maps out graphitic units (conductors)

• Gravityo Defines areas of potential alteration (gravity low)

• Radono Indicates the presence of uranium at depth

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Prospecting Results• Abundant uraniferous mineralization identified

o In situ at up to 9.5% U3O8, boulders up to 66% U3O8

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Airborne Magnetics• Shows faulting which could provide an important

pathway for mineralizing fluids

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Airborne Electromagnetics• Identified a 35km long conductor (graphitic unit?) which, as a

reductant, would promote the precipitation of uranium mineralization

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Ground Gravity• Gravity lows possibly reflect alteration haloes which could be

caused by mineralizing fluids

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Fundamentals of Radon Surveys

• As a gas it can migrate up through permeable rock and soil to surface

• Thus anomalous concentrations of radon gas can reflect uranium mineralization at depth

Radon gas is produced by the decay of uranium

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Exceptional Radon Results

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Summary• All of the work completed to date supports the

presence of high grade uranium mineralization on the project

o Abundant uraniferous boulders and in situ mineralization

o Numerous faults as shown on the magnetic surveyo A 35km long conductor interpreted to be graphitico Large gravity lows possibly reflecting alteration haloeso Exceptional radon results on land and in water

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Future Work

• An extensive drill program is currently underway

o A Rotary Air Blast drill is being used to rapidly assess targets

o A diamond drill will follow up on mineralized intersections

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Earn-In Terms • Northern Uranium can earn up to an 80%

interest through a 3 stage earn in:

o 50% - spend $3.2M by the end of 2014 ($1.9M spent to date) and issue 4.5M shares and 2.25M warrants

o 70% - spend $2.8M and issue 2.5M shares and 1.25M warrants within an additional 2 years

o 80% - spend $5.6M and issue 5M shares and 2.5M warrants within an additional 2 years

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Current StructureTSX-V: UNO

Shares outstanding: 42,309,01652 week high: $0.3052 week low: $.085Market cap: ~ $5 millionInsider Ownership: ~ 9M shares

(22%)

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203-1634 Harvey AveKelowna, BC

V1Y 6G2Tel: +1 250 448 4110

Chad Ulansky, President