Northern Minerals Limited · ASX:NTU
Northern Minerals — Investor Presentation (February 2011)
25 slides from Northern Minerals's investor presentation, Feb 16, 2011
Slide 1: Exploring High Value REE and Uranium
For personal use only (formerly Northern Uranium) Exploring High Value REE and Uranium Investor Road Show – February 2011 George Bauk – Managing Director ASX:NTU
Slide 2: Important Notice
Important Notice For personal use only This presentation has been prepared by Northern Minerals Limited (“Northern ( Northern Minerals” Minerals or the “Company”) Company ). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an indu
Slide 3: Company Overview
Company Overview For personal use only • High value Heavy Rare Earth projects Rare Earth Elements • Xenotime mineralisation - simple • Strategic 11,000km2 land position Uranium • Unconformity style targets • Close to rail and road, growth commodity Phosphate • PCF Capital engaged to divest/seek part
Slide 4: Diverse “New Energy” Portfolio
Diverse “New Energy” Portfolio For personal use only
Slide 5: Capital Structure
Capital p Structure For personal use only ASX Codes NTU Ordinary Shares 166.5m* Listed Options NTUOA $0 20 expires $0.20 i 30 S Septt 2012 12 6 12.6m NTUOB $0.15 expires 31 Mar 2012 15.1m Unlisted Options Various prices and expiry dates 9m Trading Summary Market Capitalisation Major Shareholders $98
Slide 6: Share Price Chart
Share Price Chart For personal use only 0.7 Geiger g Counter – substantial holder 0.6 Conglin Yue Joins Register 0.5 ECE Transaction 0.4 John Galt Acquisition 0.3 Rights Issue Announced Browns R B Range Results 0.2 Browns Range Results Rights Issue Announced 0.1 Lynas Joins Register Super Profit Tax
Slide 7: Board & Management
Board & Management For personal use only Kevin Schultz ̶ Formerly Managing Director – Polaris Metals Non Executive Chairman ̶ Global industry experience, multi commodity George g Bauk ̶ 20 years mining operation and corporate experience Managing Director ̶ Former MD Indago Resources, CFO Arafura, WM
Slide 8: Rare Earth Elements
For personal use only Rare Earth Elements
Slide 9: Rare Earth Elements (REE)
Rare Earth Elements (REE) ( ) For personal use only REE includes scandium, yttrium and 15 lanthanides Essential for high growth products and increasingly important commodities Faster / lighter / smaller / more efficient Uses: – Electronics and technology – mobiles, mobiles TV screens, screens laptop
Slide 10: REE market – the past months
REE market – the past 18 months For personal use only Increasing Demand Global market grown from 40,000tpa - 125,000tpa in the past 10 years Demand forecast to grow at ~ 8 – 11% per annum Tightening supply China produces 95% of world’s REE, from 70% of world’s resources. In 2010, China takes major s
Slide 11: Rare Earth Prices
Rare Earth Prices For personal use only Comparison of Average Annual Rare Earths Prices 2007-11 (Notes: 1.Source is metal pages© 2. Prices have been rounded) Rare Earths Price US$/kg FOB China1,2 Rare Earth Product 2007 2008 2009 1Q2010 2Q 2010 3Q 2010 4Q 2010 14/2/11 Samarium Oxide $4.50 $ $4.50 $
Slide 12: Browns Range - HREE Distribution of Rare Earths
Browns Range g - HREE For personal use only Distribution of Rare Earths* Preliminary y tests indicate: Light Majority of the rare earths 6% Gadolinium elements in the high value Samarium 6% heavy rare earths category 2% Other Heavy Rare Earths represents 3% 86% Erbium 6% Low radioactivity Ytterbium
Slide 13: Browns Range
Browns Range For personal use only Significant rare earth discoveries confirmed in 2009 NTU rock k chips hi and d mapping i identifies four mineralised targets – results up to 8.5% TREE Clean liberation of xenotime at a relatively coarse grind – readily recoverable Over 85% of the Rare Earths are He
Slide 14: Browns Range – 2010 exploration
Browns Range – 2010 exploration For personal use only Rock chips indicates high proportion (>85%) of HREE, and extend target area Soil sampling highlights extensive HREE geochemical g anomalies at Area 5/Area 5 North and Gambit prospects Metallurgical testing confirms accessibility of xenotime – eas
Slide 15: John Galt
John Galt For personal use only Exciting REE prospect, acquired in June 2010 – granted December 2010 Regional proximity to the Browns Range HREE Project Similar geology – high value HREE in xenotime mineralisation Heritage agreement completed
Slide 16: Rare Earths 2011 Work Program
Rare Earths 2011 Work Program g For personal use only Browns Range Q1 D t il d airborne Detailed ib ti and magnetic d radiometric survey Q2 First p phase drilling g 5,000m , Q2 Regional soil sampling Q3 Second phase of drilling 5,000m John Galt Q1 Aboriginal heritage surveys Q2 Detailed airborne mag
Slide 17: Uranium
For personal use only Uranium
Slide 18: Gardiner-Tanami Project
Gardiner-Tanami Project For personal use only Gardiner Tanami Gardiner-Tanami Large project, multiple uranium targets g 100% ownership NTU now holds rights for all minerals Gardner Range JV Earning up to 60% JV with Manhattan (ASX MHC) (ASX:MHC)
Slide 19: Gardiner-Tanami Drilling
Gardiner-Tanami Drilling For personal use only Soma Intersected Gardiner Sandstone / Killi Killi formation Confirms large (8km) target for high grade unconformity mineralisation Follow up drilling in 2011 The Don Failed to replicate historic uranium results Encouraging gold intersections - 2m @1.74p
Slide 20: Phosphate
For personal use only p Phosphate
Slide 21: Phosphate Projects
Phosphate Projects For personal use only Phosphate – strong growth forecast with increasing population and food demand Well located portfolio in close proximity to existing phosphate deposits and infrastructure Projects in prospective Georgina and Amadeus Basins PCF Capital engaged to divest and/or
Slide 22: Summary
For personal use only Summary
Slide 23: Value Proposition
Value Proposition For personal use only Rare Earths Prospective High Value HREE projects Xenotime mineralisation – amenable to processing Uranium Highly prospective high grade unconformity-related targets 11,000km2 with 30km of drill target areas to date Phosphate Strategic location, location near t
Slide 24: 2011 – The Year Ahead
2011 – The Year Ahead For personal use only Rebranded to Northern Minerals Q1 Commence airborne geophysics at Browns Range Commence airborne geophysics at John Galt 5,000m planned for REE drilling at Browns Range Q2 Finalise Deed of Exploration p for NT tenements with T/Os On ground exploration at J
Slide 25: For more information
For more information For personal use only George Bauk Managing Director Suite 10, 10 Level 2 12-14 Thelma Street West Perth WA 6005 T: +61 8 9481 2344 info@northernminerals.com.au www.northernminerals.com.au
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