Heavy Rare Earths Limited · ASX:HRE
Heavy Rare Earths — NWR Communications Uranium Lunch Presentation (February 2025)
19 slides from Heavy Rare Earths's conference presentation, Feb 26, 2025
Slide 1: High-Quality Uranium Portfolio in a Producing District in South Australia
Heavy Rare Earths Limited ACN 648 991 039 For personal use only High-Quality Uranium Portfolio in a Producing District in South Australia ASX:HRE NWR Communications Uranium Lunch Presentation February 2025
Slide 2: Important Notice and Disclaimer
HRE Important Notice and Disclaimer The information contained in this document (“Document”) has been prepared by Heavy Rare Earths Limited (referred to as “HRE Limited” or “the Company”). The purpose of this Document is to provide background information to assist readers in obtaining a general under
Slide 3: HRE's South Australian Uranium Portfolio – Sensible Acquisition Terms
HRE HRE’s South Australian Uranium Portfolio – Sensible Acquisition Terms For personal use only HRE can earn its HRE has the 80% interest On completion of a right to earn an through exploration expenditure including: feasibility HRE has 80% interest study $2.8M • Spending $1 million in the uranium r
Slide 4: Corporate Snapshot
HRE Corporate Snapshot Non-Executive Chairman – John Byrne Capital Structure ASX: HRE Mr Byrne has 40 years’ experience in the natural resource industry as a financial analyst, investor and joined and developer. John has been Chairman and CEO of numerous Shares on Issue 208 million successful resour
Slide 5: HRE Exploration Portfolio
HRE HRE Exploration Portfolio For personal use only HEAVY RARE EARTHS LIMITED 5
Slide 6: A World-Class Uranium District
HRE A World-Class Uranium District PROSPECT HILL PROJECT • Agreement with Havilah covering ~3,000km2 across three uranium projects in the uranium-rich Curnamona region of South Australia. For personal use only • HRE to acquire initial 80% of the uranium rights (and REE-Sc rights at Radium Hill) • Fr
Slide 7: Introducing HRE's Projects
HRE Introducing HRE’s Projects PROSPECT HILL PROJECT Radium Hill (57 km2) • Brownfields - mineralised strike extensions of historic Radium Hill Mine where For personal use only 1.9 Mlbs U3O8 was produced (from resource of 2.6 Mlbs) along with REE and Scandium between 1950 -1961. Significant potentia
Slide 8: Radium Hill Uranium Mine
HRE Radium Hill Uranium Mine • Radium Hill Mine produced 1.9 Mlbs @ 1,170 ppm U3O8 (1950-1961). For personal use only • The first “AUKUS” - agreement between Australia, UK and USA. • Australia’s first uranium mine - 1,200 people at the townsite. • Lode-style mineralisation - conventional underground
Slide 9: Radium Hill Uranium Mine
HRE Radium Hill Uranium Mine Cross Section view • Mine site closed in 1962 and there has been no exploration For personal use only of the ML or lode strike extensions since. • No modern exploration data. Longitudinal Section view • Historical records suggest strong structural control to shear zone-h
Slide 10: Radium Hill Uranium-Rare Earth Project
HRE Radium Hill Uranium-Rare Earth Project • ~55 km2 of highly prospective tenure immediately adjacent and along strike of the historic Radium Hill Mine. For personal use only • SA Government mining only took place within the Radium Hill ML (now an SA Government reserve). • Uranium, REE and scandium
Slide 11: Lake Namba-Billeroo Uranium Project
HRE Lake Namba-Billeroo Uranium Project • Within the Frome Embayment where resources comprise >250 Mlbs palaeochannel-hosted U3O8, all within 100 km of the project. For personal use only • ~2,820 km2 tenure prospective for palaeochannel-hosted uranium mineralisation. • Over 150 km of highly-prospect
Slide 12: Honeymoon Mine – Boss Energy
For personal use only HRE HONEYMOON MINE – BOSS ENERGY HEAVY RARE EARTHS LIMITED 13
Slide 13: Billeroo Uranium Project
HRE Billeroo Uranium Project • Potential for sediment-hosted uranium upstream and downstream from Boss Energy’s Gould’s Dam deposit (25 Mlbs U3O8). For personal use only • HRE has ~75 km of the Billeroo Palaeochannel’s northern extension, just 16 km north of Gould’s Dam. • ~30 m of Eyre Formation sa
Slide 14: Billeroo Uranium Project
HRE Billeroo Uranium Project • Boss Energy have identified follow-up targets along the Billeroo palaeochannel downstream from Gould’s Dam up to the boundary with For personal use only HRE’s project area – “Fenceline” and “Bayes Dam”. No information available to date. • The well-endowed and grossly u
Slide 15: Lake Namba Uranium Project: Namba Palaeochannel
HRE Lake Namba Uranium Project: Namba Palaeochannel For personal use only HEAVY RARE EARTHS LIMITED 16
Slide 16: Prospect Hill Uranium Project
HRE Prospect Hill Uranium Project • ~75 km2 tenure prospective for palaeochannel-hosted uranium mineralisation. For personal use only • Located 30 km north of the Heathgate Resources Beverley Uranium Operation which has: – Produced >40 Mlbs U3O8 over 20 years of continuous operation; and – Resources
Slide 17: Prospect Hill Uranium Project
HRE Prospect Hill Uranium Project For personal use only • “The Four Mile discovery was made essentially by drilling an area not previously considered Uranium –rich groundwater prospective due to its close proximity to the range front between the northern Flinders Ranges and the Lake Frome Plains.” (
Slide 18: HRE's South Australian Uranium Portfolio – A Summary
HRE HRE’s South Australian Uranium Portfolio – A Summary • Three highly prospective projects in a pro-uranium mining jurisdiction. For personal use only • Projects within a world-class sedimentary uranium district which contains two active in-situ recovery (ISR) uranium mines and resources of >250 M
Slide 19: Heavy Rare Earths Limited
Heavy Rare Earths Limited ACN 648 991 039 For personal use only info@hreltd.com.au +61 3 8630 3321 ASX:HRE
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