Energy Metals Ltd · ASX:EME
Energy Metals — Australian Uranium Conference (July 2009)
23 slides from Energy Metals's conference presentation, Jul 22, 2009
Slide 1: For personal use only
For personal use only
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: Board & Management
Board& Management | Oscar Aamodt Trish Farr Geoff Jones Lindsay Dudfield Nick Burn
Slide 4: Capital Structure
Capital Structure For personal use only Shares on Issue 117.1m Options on Issue 4.2m Shareholders 1,040 Cash (30 June 2009) $ 5.0m Jindalee Resources 46.8m shares 40.0% Mark Scott 18.8m shares 16.1% Denison Mines 9.5m shares 8.1% Lindsay Dudfield 6.8m shares 5.6%
Slide 5: Current EME Share Price and U3O8 Spot
Current EME Share Price: A$0.64 For personal use only Currrent U3O8 Spot US$50
Slide 6: Energy Metals project locations in Australia
UFQiiiury Jabiluka Darwing er eal ar? Ra ng P})| aire RTHERN TERR g Bigrlyi/Ngalia) @ ‘Westmoreland | @ Valhalla Kintyree cl a hsnaalty | QUEENSLAND =| Lake Mason tens | Lakeside P) | | [Lakeside ) = Mopoke Well} — Four a WAN LANG ., Brisbane rAnketell -— Mulge a Rock Olympic Dam Beverley _ ey? ®Hon
Slide 7: Bigrlyi, Ngalia & Macallan Projects
igrlyi, Ngalia & Macallan Projects | 132°00' —r 7] £27333 | Macallan Project | t— 22°00' | Bigrlyi Project | | Ngalia Project Devonian Carboniferous [__] Granted tenement [__] Tenement application @ —ME uranium prospect Undifferentiated Proterozoic Ee @ Uranium prospect (excised) N == Prospective st
Slide 8: Bigrlyi Project Mineralised Horizon and Anomalies
Bigrlyi Project Mineralised Horizon and Anomalies | | | 705 000mE 710 000mE 715 000mE I 7545 000mN — Airstrip Nicker Beds ee \ Quartzite —_ — = a Southwark Granite Albiniath Ne Oo Bigrlyi JV (EME 53.7%) L-€amp 29 II = ~ 5 “N ~~ — — $5 —7540000mN_— Mount Eclipse Sandstone *~ Mineralised Horizon @ Ura
Slide 9: Bigrlyi Camp photo
For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 10: Bigrlyi - May 2009 Resource
Bigrlyi - May 2009 Resource* (500ppm cut off) For personal use only JORC Mt U3O8 V2O5 U3O8 V2O5 status % % t t Ind. 2.74 0.15 0.23 4,190 6,310 Inf. 4.53 0.11 0.25 5,150 11,200 TOTAL 7.27 0.13 0.24 9,340 17,510 (20.6Mlbs) (38.6Mlbs) * Ordinary Kriging; tonnes are metric (2204.62 pounds), figures may
Slide 11: Bigrlyi - July 2009 Resource
Bigrlyi - July 2009 Resource* (250ppm cut off) For personal use only JORC Mt U3O8 U3O8 U3O8 status % t Mlb Ind. 8.83 0.08 7,251 16.0 Inf. 7.76 0.08 6,056 13.4 TOTAL 16.59 0.08 13,107 29.4 * Multiple Indicator Kriging; tonnes are metric (2204.62 pounds), figures may not total due to rounding.
Slide 12: Uranium/Vanadium Flowsheet schematic Bigrlyi Uranium Project
Uranium/Vanadium Flowsheet schematic BIGRLY! URANIUM PROJECT OPEN PITS a STOCKPILES ROM —-s a io | | nerreé ap Pane ‘ "iN i pRnany , D> BALL MILL — ) RADIOMETRIC SECONDARY ANALYSER CRUSHER t As THICKENER + Oxidant LEACH TANKS CLARIFIER URANIUM URANIUM SOLVENT URANIUM FILTRATION ] EXTRACTION STRIPPIN
Slide 13: Bigrlyi JV
| (=nergy Metals Limited Bigrlyi JV For personal use o = (=nergy Metals
Slide 14: Uranium Exploration Expenditure Australia
Uranium Exploration Expenditure AUSTRALIA 240 220 200 180 ASM (constant 2008S) | | | | | | | | | | 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 eee | l J (Energy M et als ALP ALP “3 MINES POLICY” Source: Geoscience Australia |
Slide 15: For personal use only
\ “\ 1, nengy/Metals =! Limited)
Slide 16: Anketell Drilling over Radiometrics
Anketell Drilling over Radiometrics (Energy Metals (6801000m ESB/289 * wi in’ £58/292 Aircore Drilling Program max ppm eU303 ® 400 to 2000 300 to 400 200 to 300 100 to 200 50 to 100 0 to 50 57000m 671000m 1
Slide 17: Capper S NT Drilling over Radiometrics
Capper S NT Drilling over Radiometrics Thergy Metals a eee J Ay , Aircore Drilling | , is 4 <A , : ; max ppm eU308 rf -i -¢€ — G 7 , , . - ~~ : “| @ +300 : , i4 fe ——S 5 oe } a © @ 200 to 300 I A Pe oe ; , sO 100 to 200 ) . @ 50 to 100 ' O 1to 50
Slide 18: Macallan Project Location
Macallan Project Location REGION @® Callie Gold Mine ZA Macallan Project | S & Se Ke vo y Bigrlyi deposit
Slide 19: Macallan Radiometrics compared with Ranger open pit
Macallan nr Radiometrics (Thergy Metals 5 RANGER OPEN PIT at same scale 10km 600000mE% : 630000mE
Slide 20: EME's Uranium Resources (JORC)
EME’s Uranium Resources (JORC) For personal use only U3O8 Grade EME Mlbs Project Mt (Mlbs) (ppm) % (EME) Bigrlyi 29.3¹ 16.6 800 53.7% 15.7 Anketell 6.0² 16.3 167 100% 6.0 Lake 3.0² 7.9 170 100% 3.0 Mason TOTAL 24.7 ¹MIK, 250ppm cut-off, 54% Indicated, 46% Inferred. ² OK, 100ppm cut-off, 100% Inferre
Slide 21: Watch out for
Watch out for: For personal use only Bigrlyi 2009 drilling More results from both NT & WA Potential to fast track production Wild Cards (eg: Macallan) Increasing investor/corporate interest
Slide 22: For personal use only
(nergy Metals Limited The YOu www.energymetals.net (i Say)
Slide 23: Compliance Statement
For personal use only Compliance Statement The information in this presentation is based on information compiled by Mr Lindsay Dudfield, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Dudfield is a consultant employed by Energy Metals and has sufficient experience which i
Energy Metals — Australian Uranium Conference (July 2009) on 6ix