Minerals Exploration Limited · ASX:MEX

Minerals Exploration — Investor Presentation (June 2022)

16 slides from Minerals Exploration's investor presentation, Jun 9, 2022

  1. Slide 1: New world minerals exploration company

    New world minerals exploration company ASX: UVA INVESTOR PRESENTATION | JUNE 2022

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation has been prepared by Uvre Limited (Uvre or the Company). The Uvre does not undertake any obligation to update publicly or release any revisions to these information contained in the presentation is a summary only and should be read in forward looking statements to reflec

  3. Slide 3: Vision and Strategy

    VISION AND STRATEGY Uvre Limited (Uvre; ASX:UVA) is an exploration company pursuing minerals that will play a key role in the generation and storage of low-carbon energy Uvre’s East Canyon Project is located in 1st world mining jurisdiction Utah, USA which is highly prospective for uranium and vanad

  4. Slide 4: Overview

    OVERVIEW New entrant into the U.S. uranium and critical minerals sector East Canyon Project highly prospective for Uranium and Vanadium (100% ownership) 231 contiguous claims covering ~4,620 acres (~19km2) 1st world mining jurisdiction – Utah, USA Historical uranium/vanadium production from district

  5. Slide 5: Capital Structure

    CAPITAL STRUCTURE Maximum Subscription ASX:UVA ($6M) Offer Price per Share IPO $0.20 Gross proceeds of the Offer $6,000,000 Shares on issue Post-Listing 40,900,001 (undiluted) Market Capitalisation Post-Listing $8,180,000 (undiluted) Enterprise value1 $2,180,000 Board and advisor options 7,000,000 L

  6. Slide 6: Board & Management

    BOARD & MANAGEMENT Charles Nesbitt Non Executive Peter Woods Qualified geologist with 22 years experience in operational, technical and Managing Director management roles in exploration and mining Original Founder of the East Canyon Project. Has been responsible for Bachelor of Science Degree from F

  7. Slide 7: Colorado Plateau Geology & Uranium Deposits

    COLORADO PLATEAU GEOLOGY & URANIUM DEPOSITS East Canyon prospects occur within the Salt Wash Member of the Morrison Formation within the extended Uravan Mineral Belt of the Colorado Plateau. The Colorado Plateau has been an important source of uranium and vanadium for over 100 years. Claims within e

  8. Slide 8: East Canyon Project

    EAST CANYON PROJECT Highly strategic project located in a well-known uranium and vanadium district in South Eastern Utah, USA. Known high grade uranium and vanadium areas Excellent infrastructure and easily accessible Close proximity to other deposits and development projects Right geology Surrounde

  9. Slide 9: East Canyon Location & Tenure

    EAST CANYON LOCATION & TENURE Historical workings and surrounding deposits strongly support project potential 231 contiguous claims covering ~ 4,620 acres (~19km2) Surrounded by other uranium deposits Outcropping Salt Wash member of Morrison Formation which hosts uranium/vanadium ore traceable for ~

  10. Slide 10: East Canyon 2018/2019 Fieldwork

    EAST CANYON 2018/2019 FIELDWORK Multiple prospective areas within claims Rock chip samples collected in 2018/2019 from underground rib/faces and waste dump sites, focus was on vanadium at the time. High grade assays of up to 0.47%U3O8 and 9.21% V2O5 Visible mineralized seams observed in workings Sel

  11. Slide 11: Recent Fieldwork Success 2020

    RECENT FIELDWORK SUCCESS 2020 Initial phases of exploration sampling yielded highly encouraging results Several prospects identified throughout the claims, with multiple old workings and visible mineralisation Highly encouraging underground mapping and chip channel sampling at None Such and Bonanza.

  12. Slide 12: None Such and Bonanza Prospects - Mapping & Sampling

    NONE SUCH AND BONANZA PROSPECTS - MAPPING & SAMPLING Exploration results are reported in full, in compliance with the requirements of the JORC Code (2012 edition), in the Company’s prospectus dated 12 April 2022. 12 Uvre Limited ASX:UVA Investor Presentation June 2022

  13. Slide 13: Project Photos

    PROJECT PHOTOS Visible high-grade mineralisation within old workings, East Canyon Project Refer to UVRE prospectus lodged 12 April 2022, various ASX:RDT announcements 2020 (2018, 2020) 13 Uvre Limited ASX:UVA Investor Presentation June 2022

  14. Slide 14: Next Steps

    NEXT STEPS Compile and review available data Phase 1 Drill program of up to 50 holes to commence shortly post listing, permit received Further exploration work including geochemical sampling and mapping Metallurgical test-work Generate targets for extensional mineralization Assess other strategic op

  15. Slide 15: Summary

    SUMMARY Tight capital structure and low enterprise value Dual commodity focus Highly leveraged to exploration success Visible high-grade uranium and vanadium mineralization in historical workings Phase 1 Drill program to commence shortly Historical production from the project area and district Excel

  16. Slide 16: Contact

    CONTACT PETER WOODS REGISTERED OFFICE Managing Director 945 Wellington Street pw@uvrelimited.com West Perth WA 6005 STEVEN WOOD PHONE NUMBER Non-Executive Director and Chairman +61 8 9322 7600 admin@uvrelimited.com 16 Uvre Limited ASX:UVA Investor Presentation June 2022

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