Globe Metals & Mining Limited · ASX:GBE

Globe Metals & Mining — Africa Down Under Conference 2007

20 slides from Globe Metals & Mining's conference presentation, Sep 7, 2007

  1. Slide 1: Investor Presentation - Africa Down Under Conference

    For personal use only Investor Presentation - Africa Down Under Conference Sheraton Hotel, Perth, Western Australia 7 September 2007

  2. Slide 2: Contents

    Contents For personal use only 1. Investor Highlights 2. Corporate: ‡ Overview ‡ Price Chart ‡ Peer Comparison 3. Technical Team 4. African Projects: ‡ Malawi Overview ‡ Kanyika ‡ Livingstonia ‡ Zambia and Tanzania 5. Disclosure Statement 2

  3. Slide 3: Investor Highlights

    Investor Highlights For personal use only ‡ Malawi focus: „ Favourable/pro-uranium jurisdiction „ 15,000m drilling in 2007 „ In-country exploration team based in the capital, Lilongwe „ Target: initial JORC resource at Kanyika by Dec. 2007/early 2008 ‡ $13.1m cash capability @ 30 June 2007: „ $10.22

  4. Slide 4: Corporate - Overview

    Corporate - Overview For personal use only Issued Capital (30/6/07) ASX Codes: GBE, GBEO Shares (GBE): 53.1M (17.9M escrowed; Dec 07) Options (GBEO): 14.2M (20c, Oct 07); Unlisted Options: 5.25M (Directors, employees, other) Total Issued Securities: 72.7M Board of Directors Cash Position (30/6/07) D

  5. Slide 5: Price Chart

    Price Chart For personal use only GBE Price Performance since IPO (Dec 2005) – Daily Close 5 Source: Credit Suisse

  6. Slide 6: Peer Comparison

    Peer Comparison For personal use only $100 $92.4 Selected Mid-Staged/Advanced Southern African Uranium Explorers $90 $80 $67.0 $70 $60 $54.6 $54.0 A$M $50 $40 $28.2 $30 $25.8 $18.0 $20 $10.7 $10.2 $8.8 $10 $5.8 $4.7 $0.8 $1.2 $0 Uranium Hunter Western African Energy Mantra Globe Uranium Uranium Eron

  7. Slide 7: Technical Team

    Technical Team For personal use only Name Position Location Experience (Yrs) Peter van der Borgh Technical Director Australia 20 Ian Cowden Consulting Geologist Australia 35 Julian Stephens Exploration Manager Australia 12 Andries Kruger Projects Manager Malawi 11 David Tullberg GIS/Database Manager

  8. Slide 8: Malawi - Overview

    Malawi - Overview For personal use only „ 3 projects, 100% equity: ‡ Kanyika in central Malawi - 598 km2 ‡ Livingstonia in northern Malawi - 330 km2 ‡ Nthalire in northern Malawi - 130 km2 „ Emerging uranium region – production to commence Q4 2008 at Kayelekera Uranium Deposit (15,670t U3O8) „ Gover

  9. Slide 9: Kanyika Overview

    Kanyika Overview For personal use only ‡ Kanyika has the potential to host a multi-commodity, large tonnage, open pittable deposit with a low strip ratio. ‡ Initial focus on multiple mineralised zones across 300m width, along 1.9km strike length and drilled to ~100m vertical depth. ‡ Mineralisation

  10. Slide 10: Recent Drilling

    For personal use only Recent Drilling 10

  11. Slide 11: Kanyika Targets

    Kanyika Targets For personal use only Current Spot Price – Kanyika Commodities (US$/lb)* U3O8 90 Exploration Target: In-Situ US$/tonne* Four Kanyika commodities @ current Nb2O5 12 indicative grades and spot prices ~ US$XXX/t Ta2O5 40 ZrSiO4 0.4 Indicative % Contribution to In-Situ US$/tonne ZrSiO4 T

  12. Slide 12: A Multi-Commodity Deposit

    A Multi-Commodity Deposit For personal use only U3O8 U3O8 + Nb2O5 + Ta2O5 + ZrSiO4 U3O8 ppm cut-off grade Resource Tonnes U3O8 + Nb2O5 + Ta2O5 + ZrSiO4 U3O8 Total In-Situ $ Decreasing U3O8 ppm cut-off grade 12

  13. Slide 13: Comparison Mines & Deposits

    Comparison Mines & Deposits For personal use only Blue River Deposit – BC, Canada Marropino Mine - Mozambique ‡ Primary asset of Commerce Resources Corp. (TSX- ‡ Primary asset of Noventa Ltd (AIM: NVTA) V: CCE) ‡ 21.7Mt @ 192ppm Ta2O5 (+ morganite and niobium) ‡ 26.45Mt @ 204ppm Ta2O5 + 1,114ppm Nb2

  14. Slide 14: Work Plan

    Work Plan For personal use only Completed Upcoming Activity ‡ RC drilling to date: 54 holes, ‡ Late Oct: RC rig returns to ~5,700m drilling. Kanyika for further 5,000m ‡ Results from first 25 holes drilling reported, awaiting results for a ‡ Nov-Dec: initial metallurgical further 29 holes (expected

  15. Slide 15: Livingstonia Overview

    Livingstonia Overview For personal use only ‡ Three sandstone, roll front prospects targeted. ‡ 5,000m RC drilling of all three prospects underway. ‡ Acquired March 2006. ‡ $0 acquisition cost. 15

  16. Slide 16: Drilling

    For personal use only Drilling 16

  17. Slide 17: Roll-Front Model

    Roll-Front Model For personal use only „ Initial results from Chombe demonstrate encouraging roll-front features: ‡ Multiple, stacked horizons ‡ 11m true width @ 226ppm U3O8 „ Near surface depletion from leaching not uncommon in tropical sandstone environments 17

  18. Slide 18: Zambia and Tanzania

    Zambia and Tanzania For personal use only ‡ Joint venture with African CBM explorer, Central Energy ‡ Focus on Karroo sandstones – Kariba Valley, Zambia and Ruvuma Basin, SW Tanzania ‡ Mhukuru Project in Tanzania - 880km2 ‡ 3 projects in Zambia – ~18,000km2 ‡ Globe Uranium to earn up to 90% over thr

  19. Slide 19: Zambia and Tanzania

    Zambia and Tanzania For personal use only 19

  20. Slide 20: Disclosure, Assumptions & Sources

    Disclosure, Assumptions & Sources For personal use only Disclosure The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of

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