Minerals Exploration Limited · ASX:MEX
Minerals Exploration — RIU Uranium Investment Day 2024
20 slides from Minerals Exploration's conference presentation, Nov 19, 2024
Slide 1: Creating value from the global energy transition
Creating value from the global energy transition Acquiring and exploring critical minerals in Tier-1 locations RIU Uranium Investment Day Presentation | November 2024 ASX: UVA
Slide 2: Disclaimer
DISCLAIMER Nature of Document Except for statutory liability which cannot be excluded, Uvre as well as its officers, performance or achievements to be materially different from those expressed or employees and advisers expressly disclaim any responsibility for adequacy, accuracy, implied by such for
Slide 3: Corporate Snapshot
Delta Lithium Shareholders by percentage (ASX:DLI) CORPORATE SNAPSHOT 8% Tightly held, well-funded Top 20 Directors (excluding DLI & Capital structure 12% Directors) 25% Share price (as at 12 Nov 2024) $0.08 Shares on issue 60,200,001 Retail Cash as 30 Sept ~$2.97 million 55% Market Capitalisation (
Slide 4: South Australia's Frome Basin – Uranium Province
SOUTH AUSTRALIA’S FROME BASIN – URANIUM PROVINCE Frome Basin 4 UVRE Limited ASX:UVA Company Presentation November 2024
Slide 5: Uranium-Rich Frome Basin Region
URANIUM-RICH FROME BASIN REGION Features Two exploration projects – Frome Downs & Yankaninna - covering 521km2 within the uranium- rich Frome Basin region of South Australia Licences located within 50km of two operating uranium mines*: • Beverley Uranium Mine (46.3 million pounds @ 0.27% U3O8) • Fou
Slide 6: Major Uranium Projects in the Frome Basin Region
MAJOR URANIUM PROJECTS IN THE FROME BASIN REGION Regional Setting - UVA now holds two exploration projects Located in and around the highly prospective Frome Basin, SA which hosts multiple Uranium occurrences including: Scott Lee – Cu-U soil and rock chip geochemical anomaly identified in 2012 over
Slide 7: Yankaninna and Frome Downs Projects
YANKANINNA AND FROME DOWNS PROJECTS The Frome Airborne Electromagnetic (Frome AEM) survey3 Flown in 2010, the Frome AEM was designed to assist regional-scale mapping of subsurface geological features associated with uranium systems as well as general geological and groundwater mapping Geoscience Aus
Slide 8: Frome Downs (EL 6996) – Overview
FROME DOWNS (EL 6996) – OVERVIEW Exploration Project - 100% ownership – 343km2 Located in the highly prospective Frome Basin, and is prospective for roll-front type uranium mineralisation emplaced within sediments of the Tertiary Lake Eyre Basin HSA signed with Adnyamathanha Traditional Lands Associ
Slide 9: Frome Downs – Historical Exploration
FROME DOWNS – HISTORICAL EXPLORATION Multiple historic drillholes on and around EL 6996 Two drill holes within the tenement confirmed the presence of the prospective Eyre Formation In 2011 Callabonna Resources Ltd mapped the Billeroo and Namba Palaeochannels to within ~5km of EL 69964 The Billeroo e
Slide 10: Frome Downs – Phase 1 Geophysical Program
FROME DOWNS – PHASE 1 GEOPHYSICAL PROGRAM Passive Seismic successfully employed Completed by Atlas Geophysics in September 2024 Designed to confirm whether tertiary-age palaeochannel structures/ faults lay at depth and importantly intersect Comprised of 3 x east to west passive seismic survey lines
Slide 11: Frome Downs – Phase 1 Passive Seismic Sections with Drillholes
FROME DOWNS – PHASE 1 PASSIVE SEISMIC SECTIONS WITH DRILLHOLES 11 UVRE Limited ASX:UVA Company Presentation November 2024
Slide 12: Frome Downs – Proposed Phase 2 Geophysical Program
FROME DOWNS – PROPOSED PHASE 2 GEOPHYSICAL PROGRAM The Company is finalising the below work program, to commence in November 2024 In the southern portion of EL 6996: • infill existing passive seismic survey to 100m station spacings – infill lines between the original survey lines In the middle porti
Slide 13: Yankaninna Project (EL 6995) - Overview
YANKANINNA PROJECT (EL 6995) - OVERVIEW Exploration Project 100% ownership – 119km 2 Located immediately north of the Flinders Ranges which hosts the uranium enriched rocks including: Mount Painter Inlier – Mount Neill Granite uranium and Hot Springs Gneiss up to 470 ppm uranium Mount Babbage Inlier
Slide 14: USA Energy Transition Metals Projects
USA ENERGY TRANSITION METALS PROJECTS Wyoming Utah 14 UVRE Limited ASX:UVA Company Presentation November 2024
Slide 15: East Canyon Uranium-Vanadium Project
EAST CANYON URANIUM-VANADIUM PROJECT Key Features Known high-grade uranium and vanadium district with historical production Right geology – extended Uravan Mineral Belt of the Colorado Plateau, southeastern Utah Excellent infrastructure and easily accessible Close proximity to other uranium deposits
Slide 16: East Canyon Uranium-Vanadium Project – Recent Exploration Activities
EAST CANYON URANIUM-VANADIUM PROJECT Recent Exploration Activities Positive results from airborne radiometric and magnetic surveys New uranium anomaly identified at Loya Ray prospect – 2.4km strike length 5km East-West anomalous uranium trend identified in northern section of project area Prominent
Slide 17: Next Steps
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Slide 18: Uranium SA Projects – Next Steps
URANIUM SA PROJECTS Next Steps – intended for completion Q4 2024/ Q1 2025 Phase 2 passive seismic and ground gravity surveys to map possible extensions of the Billeroo and Namba paleochannels and to highlight areas of geological complexity/ faults Interpretation and processing of the Phase 2 data an
Slide 19: Investment Proposition
INVESTMENT PROPOSITION Tight capital structure and low enterprise value = Aus & US Government highly supportive of highly leveraged to exploration success domestic critical minerals development Strong exposure to future-facing minerals, each Well funded to complete planned with robust market fundame
Slide 20: Contact
CONTACT Brett Mitchell Dale Hanna Paul Armstrong Executive Chairman Frome Basin Consultant Read Corporate brett@uvre.com.au dale@uvre.com.au +61 8 9388 1474 Registered Office and Phone Number 1202 Hay Street West Perth WA 6005 Ph: +61 8 6319 1900 20 UVRE Limited ASX:UVA Company Presentation November
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