Basin Energy Limited · ASX:BSN
Basin Energy — Brisbane Mining Investor Conference (March 2023)
20 slides from Basin Energy's conference presentation, Mar 22, 2023
Slide 1: Brisbane Mining Investor Conference
For personal use only Brisbane Mining Investor Conference Exploring for High Grade Uranium in the Athabasca Basin 22nd March 2023 ASX : BSN
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement For personal use only Disclaimer This presentation has been prepared by Basin Energy Limited (“Basin Energy” or the “Company”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation
Slide 3: Why invest in Basin Energy?
Why invest in Basin Energy? For personal use only Direct exposure to high grade uranium within Experienced and dedicated team with the world class uranium mining district of the relevant uranium exploration and development Athabasca Basin, Saskatchewan, Canada – a top track record three global urani
Slide 4: Board and Management
Board and Management For personal use only Blake Steele - Non-Executive Chairman Blake Steele is an experienced metals and mining industry executive and director with extensive knowledge across public companies and capital markets. He was formerly President and Chief Executive Officer of Azarga Uran
Slide 5: Pureplay Uranium in a proven neighborhood
Pureplay Uranium in a proven neighborhood For personal use only Pureplay uranium exploration company Direct exposure to high grade uranium within the with interests in three projects. Ongoing active world class uranium mining district of the Athabasca exploration Basin, Saskatchewan, Canada – a top
Slide 6: Athabasca Basin discovery success
Athabasca Basin discovery success For personal use only Athabasca Basin discoveries have delivered significant shareholder returns, even through downturns Depth (m) Time (year) Data in image from: IAEA Technical document 1857, Unconformity-related uranium deposits IsoEnergy TSX announcement, 18/07/2
Slide 7: Athabasca Basin discovery success
Athabasca Basin discovery success For personal use only Athabasca Basin discoveries have delivered significant shareholder returns, even through downturns Depth (m) Time (year) Data in image from: IAEA Technical document 1857, Unconformity-related uranium deposits IsoEnergy TSX announcement, 18/07/2
Slide 8: Athabasca Basin discovery success
Athabasca Basin discovery success For personal use only Athabasca Basin discoveries have delivered significant shareholder returns, even through downturns Additional recent exploration success includes • 92 Energy’s Gemini discovery¹43m @ Depth (m) 0.6% U3O8 (incl 6m @ 2.2% U308) • Baselode Energy’s
Slide 9: Exploring for Athabasca Basin Uranium
Exploring for Athabasca Basin Uranium For personal use only Exploring for Athabasca uranium style mineralisation, with basement hosted (Arrow style) and unconformity hosted targets (McArthur River style) Basin’s projects share the same fundamentals; Geological settings (lithology, structure) Evidenc
Slide 10: Basin Energy in the Athabasca
For personal use only Basin Energy in the Athabasca 10
Slide 11: Basin Energy in the Athabasca
Basin Energy in the Athabasca For personal use only Three projects located in proximity to world-class high-grade uranium discoveries and mining operations Geikie • Shallow targets amenable to rapid exploration in an overlooked part of the district • Historic surface geochemistry demonstrates presen
Slide 12: Geikie - Project
Geikie - Project For personal use only Shallow exploration strategically located in proximity to recent high grade, shallow uranium discoveries Tenure • 339km2 landholding located 7km southeast of the present edge of the Athabasca Basin and 10km west of highway 905 • Adjacent to 92 Energy’s Gemini d
Slide 13: Radiometric and magnetic data confirms favourable structural setting
Radiometric and magnetic data – Confirms favourable structural setting For personal use only • 4 “deep seated” regionally significant Tabbernor style faults identified • Deemed suitable fluid conduits, allowing deep circulation of uranium ore-forming fluids • Structural analysis from major deposits
Slide 14: Maximising historical exploration data
Maximising historical exploration data For personal use only • Drill hole logs identified for three historic exploration holes conducted within the Geikie Project • Drilling was for base metal exploration in the early 1970’s • Strong lithological similarities to those reported in proximal recent sig
Slide 15: EM mapping suitable uranium host sequence?
EM mapping suitable uranium host sequence? For personal use only • A strong coherent northeast trending conductor, classified as a primary target, within the southern half of the Project is clearly defined in preliminary airborne electromagnetic data • A series of splays and offsets of this conducto
Slide 16: EM mapping suitable uranium host sequence?
EM mapping suitable uranium host sequence? For personal use only • A strong coherent northeast trending conductor, classified as a primary target, within the southern half of the Project is clearly defined in preliminary airborne electromagnetic data • A series of splays and offsets of this conducto
Slide 17: Next Steps at Geikie
Next Steps at Geikie For personal use only • Geikie Airborne Electromagnetic Survey is now completed. Preliminary results have identified new targets and enhanced existing targets including: o A significant EM conductor in the Southeast of the property, showing multiple disruptions and offsets assoc
Slide 18: Corporate Overview
1. Cash at December Quarterly 2. 5.0m options exercisable at $0.25 to Board & Management expiring 3 years from the date of issue Corporate Overview subject to 2 years escrow, 5.3m options exercisable at $0.25 to Advisors expiring 3 years from the date of issue subject to 2 years escrow & 3.0m option
Slide 19: Project Ownership & Joint Venture Structure
Project Ownership & Joint Venture Structure For personal use only Low risk staged earn-in via value adding stages, with the flexibility to accelerate or stop North Millennium & Geikie (Earn up to 80%) Marshall (100%) Stage 1 - Completed Stage 2 - Underway Stage 3 Stage 1 - Completed Timing/ 24 month
Slide 20: For personal use only
For personal use only Pete Moorhouse Chloe Hayes M: +61 (0) 7 3667 7449 M: +61 (0) 458 619 317 E: pete.m@basinenergy.com.au E: chloe@janemorganmanagement.com.au This presentation has been authorised for release by the Basin Energy Board
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