Energy Metals Ltd · ASX:EME
Energy Metals — Shareholder Meeting (May 2014)
30 slides from Energy Metals's shareholder meeting presentation, May 30, 2014
Slide 1: Annual General Meeting 2014
For personal use only Annual General Meeting 2014 Weidong Xiang Managing Director
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: Australia's Uranium
Australia’s Uranium Jabiluka . . . Darwine : Ranger Bigrlyi & Ngalia Raat a Macallan . Mopoke Well SS Baga leruceeilme Westmoreland Lake Mason ye oValhalla Anketell Manyingee e a © Angel | . anyingee | — QUEENSLAND Lakeside WESTEIRIN AUSTRALIA o|Lake Way | Lake Maitland SOUTH AUSTRALIA f Four ile »
Slide 4: Energy Metals Share Price vs U3O8 Spot Price from 2010
Energy Metals Share Price vs U3O8 Spot Price from 2010 For personal use only EME Share Price Uranium Spot Price EME Share Spot Price Price Au$ Long Term Uranium Price (UXC) US$/lb U3O8 2.00 100 Current EME Share Price $0.16 Japanese Current Spot Price $28.00 Tsunami Long Term Uranium Price $45.00 1.
Slide 5: Capital Structure
Energy Metals Limited For personal use only Capital Structure Shares on Issue 209.7m Shareholders 748 Cash & Bank (31 March 2014) $24.7m Major Shareholders CGN 139.3m 66.45% KangDe 26.5m 12.66% Jindalee 14.0m 6.69%
Slide 6: EME Directors & Management
For personal use only EME Directors & Management Mr Zuyuan He Non-Executive Chairman Dr Weidong Xiang Managing Director Mr Lindsay Dudfield Non-Executive Director Mr Geoffrey Jones Non-Executive Director Mr Yu Zhong Non-Executive Director Ms Yunfei Jin Non-Executive Director Ms Zhenshu Cui Non-Execu
Slide 7: CGN (China General Nuclear Power Group)
CGN (China General Nuclear Power Group) For personal use only Clean energy group (established 1994) Gross assets RMB303.7B (US$49B) Net assets RMB84.5B (US$13.5B) 9 operating nuclear generating units(9.41GWe) 15 other nuclear generating units under construction (17.72GWe) 5,000 MWe insta
Slide 8: Nuclear Power in China
Nuclear Power in China Mainland China has 18 nuclear power For personal use only reactors in operation (15.86 GWe), 30 under construction (32.87 GWe).
Slide 9: CGN－Nuclear Power
CGN－Nuclear Power 9 units in operation, with a total installed capacity of 9.41 million kW For personal use only 15 units under construction, with a total installed capacity of 17.72 million kW Liaoning ● In Operation GNPS LNPS Phase I LNPS Phase II Unit 1 of Ningde NPP Phase I Unit 1 of Hongyan
Slide 10: Uranium Trading
Uranium Trading For personal use only Extension of Permit to Possess Nuclear Material to 31 March 2018. A waiver from ASX Listing Rule 10.1, subject to certain conditions, to the extent necessary to permit wholly owned subsidiary, NT Energy Pty Ltd, to enter into agreements with CGN-Uranium Reso
Slide 11: Northern Territory Projects
Northern Territory Projects. Darwin m l ) ip NORTHERN V fd pay | TERRITORY Ay i VY Macallan ly “e Bigrlyi & Ngali 0 500km igrlyi & Ngalia meu 5 T R A Ue Metalsn2
Slide 12: Macallan Project
800 000mE ee £27333 I Macallan Project 700 000mE 7 600 000mN 50Km A15 East — be 7500 000mN [| Granted tenement [__] Tenement application e EME uranium prospect Undifferentiated Proterozoic © Uranium prospect (excised) “= Prospective stratigraphy Lake Lewis Discovering Vy Clean Energy N Metalsn2”
Slide 13: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project Several drilling programs, For personal use only concentrating mostly on the Anomaly 4 and Anomaly 15 deposits, were completed at Bigrlyi in the period from 2006 to 2011 with most holes intersecting significant uranium mineralisation. Uranium and vanadium resource est
Slide 14: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project A Pre-Feasibility Study completed mid 2011 For personal use only confirmed that mining the Anomaly 4, Anomaly 15 and Anomaly 2 deposits using a combination of open pit and underground mining and processing ore through a relatively simple acid leach circuit would produ
Slide 15: 2013 Exploration Activities in the Ngalia Project Area
2013 Exploration Activities in the Ngalia Project Area For personal use only During 2013 both geophysical targeting and drilling programs were completed at a number of regional prospects including Anomaly 15 East, Bigwest, Autobahn, Camel Flat, and Dingo’s Rest (North). Over 18 km2 of gradient-a
Slide 16: Anomaly East
For personal use only Anomaly 15 East
Slide 17: Drill Intercept Highlights at Anomaly East
Drill Intercept Highlights at Anomaly 15 East For personal use only
Slide 18: Bigwest Area – IP Survey Targeting
Bigwest Area – IP Survey Targeting For personal use only
Slide 19: Bigwest Area Drilling – Significant Intercepts
Bigwest Area Drilling – Significant Intercepts For personal use only
Slide 20: Camel Flat Area – Drilling Programs & IP Survey
Camel Flat Area – Drilling Programs & IP Survey For personal use only Camel Flat Resource Area
Slide 21: 2013 Exploration Program Results
2013 Exploration Program Results For personal use only Satellite Deposit Mineral Resource Estimates Cut-off Resource Tonnes U3O8 U3O8 Deposit U3O8 Category ('000t) (ppm) (tonnes) (ppm) Camel Flat 100 Inferred 211.3 1,384 292 Cut-off Resource Tonnes eU3O8 eU3O8 Deposit eU3O8 Category ('000t) (ppm) (t
Slide 22: Other prospects in the Ngalia Project Area
Other prospects in the Ngalia Project Area For personal use only Gradient-array IP surveys were conducted at various locations along the northern margin of the Ngalia Basin including Dingo’s Rest North. Chargeability anomalies have been identified and selected for drill testing. Energy Metals in
Slide 23: Macallan Project
Macallan Project For personal use only The Macallan tenement covers a strong 3km-wide bullseye radiometric anomaly, identified through the interpretation of regional airborne geophysical data. The Macallan project lies on Aboriginal Freehold land with access subject to agreement of the Tradition
Slide 24: Meeting with Traditional Owners
Meeting For personal use only with Traditional Owners
Slide 25: Western Australian Projects
Western Australian Projects. ere ol a - é Py we) 4 > 3 vA. “Se: se i 2 » 4 4 ay * @ Manyingee \ % N Lakeside @ Lake Mason Anketell WESTERN AUSTRALIA m= Newman mUSTRALIA @ Mopoke Well m Kalgoorlie r Metals.i2Y
Slide 26: Mopoke Well Project – Resource Estimate
Mopoke Well Project – Resource Estimate For personal use only A maiden JORC (2004) resource estimate was undertaken for the Peninsula Deposit. The inferred JORC resource estimate totalled 1,613 tonnes U3O8 at an average grade of 165ppm eU3O8 (100ppm cut-off). Volume Tonnes eU3O8 U3O8 U3O8 Category (
Slide 27: Manyingee Project
Manyingee For personal use only Project Exploration Potential: Significant uranium intercepts were encountered in 2012 drilling of the palaeochannel upstream of Paladin’s Manyingee Uranium Deposit Further work planned in 2014-15 2013 drilling program: A small aircore drilling program (6 holes
Slide 28: WA Tenement Retention Licence Conversion
WA Tenement For personal use only Retention Licence Conversion Energy Metals has applied to convert the Anketell, Lake Mason, Mopoke Well and Lakeside exploration licences to Retention Licences to allow the Company to maintain tenure over the project areas with minimal expenditure until such time
Slide 29: Watch out for 2014
For personal use only Watch out for 2014 Further Uranium Trading Transactions Exploration Updates Ngalia Regional Projects • Penrynth • Walbiri • Malawiri • Regional Exploration
Slide 30: Thank you
For personal use only Thank you ASX:EME For more information: Phone: +61 8 9322 6904 Email: enquiry@energymetals.net Web: www.energymetals.net