Basin Energy Limited · ASX:BSN
Basin Energy — Noosa Mining Investor Conference 2023
17 slides from Basin Energy's conference presentation, Nov 17, 2023
Slide 1: Noosa Mining Investor Conference: Exploring for High Grade Uranium in the Athabasca Basin
For personal use only Noosa Mining Investor Conference Exploring for High Grade Uranium in the Athabasca Basin November 2023 ASX : BSN
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement 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 For personal use only considered as an offer or invitation
Slide 3: Why Basin Energy and why the Athabasca?
For personal use only Why Basin Energy and why the Athabasca? 3
Slide 4: Why invest in Basin Energy?
Why invest in Basin Energy? Well funded – Cash in bank to complete For personal use only Pureplay Uranium Company Leveraged to the global ongoing work, and conduct follow up drilling at low carbon economy megatrends, with a North Geikie to advance initial success exploring for American focus shallow
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
Additional recent Athabasca Basin discovery success exploration success includes • 92 Energy’s Gemini Athabasca Basin discoveries have delivered significant shareholder returns, discovery¹43m @ even through downturns 0.6% U3O8 (incl 6m For personal use only @ 2.2% U308) • Baselode Energy’s ACKIO dis
Slide 7: Exploring for Athabasca Basin uranium
Exploring for Athabasca Basin uranium Exploring for Athabasca uranium For personal use only 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 8: Geikie
Geikie Shallow exploration strategically located in proximity to recent high-grade, shallow uranium discoveries For personal use only 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 discovery 4
Slide 9: Geikie – Summary Status
Geikie – Summary Status • Anomalous uranium was intersected in 4 of the 8 holes drilled For personal use only o Highest grade was 0.27% U3O8 over 0.5 metres at Aero Lake o 263 ppm over 9 metres at Preston Creek • Pathfinder elements for uranium mineralisation, specifically lead isotope anomalies wer
Slide 10: Geikie – Summary Status
Geikie – Summary Status • Anomalous uranium was intersected in 4 of the 8 holes drilled For personal use only o Highest grade was 0.27% U3O8 over 0.5 metres at Aero Lake o 263 ppm over 9 metres at Preston Creek • Pathfinder elements for uranium mineralisation, specifically lead isotope anomalies wer
Slide 11: Gravity Results
Gravity Results • Multiple well defined and strong For personal use only large targets identified coincident with key regional structures within the Geikie Uranium Project. • Drilling, Electromagnetic and magnetic data demonstrates multiple anomalies are coincident with key north south faults. • Pri
Slide 12: Gravity Results
Gravity Results • Series of strong well defined gravity For personal use only anomalies identified near drill hole GKI- 002 which intersected 0.27% U3O8 • Observations in drilling support the interpretation that these gravity anomalies reflect the presence of a significant alteration • Survey result
Slide 13: Basin Energy in the Athabasca – North Millenium and Marshall
Basin Energy in the Athabasca – North Millenium and Marshall Two projects located in proximity to world-class high-grade uranium discoveries and mining For personal use only operations, targeting repeats of traditional unconformity mineralisation Source data see : 1. IAEA Technical document 1857, Un
Slide 14: North Millennium
North Millennium Basement conductor trend is an interpreted extension of the Mother fault hosting the Millennium Deposit For personal use only Tenure • Located 40km southwest of Cameco’s flagship McArthur River Mine (674.9 Mlbs U3O8 @ 16.9%)1 and 7km immediately north of the Cameco’s Millennium depo
Slide 15: Marshall
Marshall Strong anomalies identified above and below the Athabasca unconformity in both sandstone and For personal use only basement stratigraphy Tenure • 112km2 landholding located 11km west of the Millennium Deposit in the southeast corner of the Athabasca Basin History • Between 1979 and 2009 soi
Slide 16: Board and Management
Board and Management Blake Steele - Non-Executive Chairman Blake Steele is an experienced metals and mining industry executive and director with extensive knowledge across public companies and For personal use only capital markets. He was formerly President and Chief Executive Officer of Azarga Uran
Slide 17: 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