Energy Metals Ltd · ASX:EME
Energy Metals — Shareholder Meeting (May 2017)
28 slides from Energy Metals's shareholder meeting presentation, May 26, 2017
Slide 1: Annual General Meeting 2017
For personal use only Annual General Meeting 2017 Dr 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 i H 4 Darwine ee mo, Bigrlyi & Ngalia Fadi: ms Macallan : Mopoke Wells 0Bagooma , We Westmoreland Lake Mason TERRITORY Valhalla Anketell : Kintyre Manyingee r) ‘7 one i. i — QUEENSLAND Lakeside ElRIN AUSTRALIA o|Wiluna Lake Maitland SOUTH AUSTRALIA f ° Four Mills » Yeeli
Slide 4: Energy Metals Share Price VS. U3O8 Spot Price
Energy Metals Share Price VS. U3O8 Spot Price Spot Price from 2010 EME Share US$/lb U3O8 Price Au$ For personal use only Current EME Share Price $0.10 Japanese Current Spot Price $20.0 Tsunami Long Term Uranium Price $33.0
Slide 5: Capital Structure
Energy Metals Limited For personal use only Capital Structure Shares on Issue 209.7M Shareholders 675 Cash & Bank (31 Dec 2016) $20.5M Major Shareholders China Uranium Development Company Ltd 139.3m 66.45% KangDe Investment Group 26.5m 12.66% Jindalee Resources Limited 14.0m 6.69%
Slide 6: EME Directors & Management
For personal use only EME Directors & Management Mr Yusheng Cai Non-Executive Chairman Dr Weidong Xiang Managing Director Mr Lindsay Dudfield Non-Executive Director Ms Jan Macpherson Non-Executive Director Mr Yu Zhong Non-Executive Director Ms Junmei Xu Non-Executive Director Mr Zimin Zhang Non-Exec
Slide 7: Clean Energy Targets in China
Clean Energy Targets in China For personal use only By 2020 CO2 emissions per unit of GDP will be reduced by 40 ~45% from the Non-fossil energy will 2005 level account for 15% of total primary energy consumption In 2015 the ratio was 11.9% • By 2030 CO2 emissions will peak and the share of non-fossi
Slide 8: About CGN (China General Nuclear Power Corporation)
About CGN (China General Nuclear Power Corporation) Nuclear power business: For personal use only Largest in China, leading in the world As of the end of March 2017 x19 20.38GW 61% domestically Units in operation: remains first domestically, enters top 5 globally x9 11.36GW 17% globally South China
Slide 9: About CGN (China General Nuclear Power Corporation)
About CGN (China General Nuclear Power Corporation) Nuclear Power business For personal use only Wind power 25% Hongkong Electricity Supply from Daya Bay Daya Bay Nuclear Power Station Ning De Ling Ao
Slide 10: Northern Territory Projects
Northern Territory Projects. Darwin NORTHERN Y fi pad | TERRITORY l a, Macallan ®. ae oe Bigrlyi & Ngalia meu 5S T R A Uae Metals.n2
Slide 11: For personal use only
700 000mE 127333 800 000mE | Granted tenement (__] Tenement application e EME uranium prospect © Uranium prospect (excised) “= Prospective stratigraphy Li } Devonian Undifferentiated Proterozoic 0 50Km Lake Lewis 7 600 000mN Discovering Clean Energy G2 (nergy Metal Stimied
Slide 12: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project For personal use only Several drilling programs, 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 13: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project For personal use only Due to current uranium market conditions, the Bigrlyi project is operating on a minimum budget. Bigrlyi camp infrastructure remains on ‘care and maintenance’ with regular site visits. A NT Government Department environmental audit was satisfa
Slide 14: CORE Geophysics and Drilling Collaborations
CORE Geophysics and Drilling Collaborations EME was successful in receiving a NT Geophysics and Drilling Collaborations Program For personal use only grant of $50K to co-fund drilling and geophysics in the undercover eastern Ngalia Basin where there is limited geological information. In late 201
Slide 15: CORE Geophysics and Drilling Collaborations
CORE Geophysics and Drilling Collaborations For personal use only EME drilled four rotary mud/diamond core holes for a total of 820 metres
Slide 16: CORE Geophysics and Drilling Collaborations
CORE Geophysics and Drilling Collaborations For personal use only • Prospective Mt Eclipse strata is typically intensely folded throughout the eastern Ngalia Basin and therefore structural repetition of mineralisation is highly likely; • Hole MARD001 proved this concept with a significant interval o
Slide 17: Malawiri Project – Drillhole MARD004
Malawiri Project – Drillhole MARD004 One hole MARD004 was For personal use only drilled into the historic Malawiri deposit to confirm previous results. A new high-grade lens was discovered at depth: • 8.1m at 1,789 ppm eU3O8 from 222.0m (incl. 2.0m at 0.62% eU3O8 from 225.5m ) Other significant inte
Slide 18: Tenements on Aboriginal Land – Ngalia Basin
Tenements on Aboriginal Land – Ngalia Basin For personal use only Energy Metals staff attend a meeting with the CLC and Traditional Owners at Ten Mile Outcamp in September 2016 to discuss access to tenements on Aboriginal Land.
Slide 19: Western Australian Projects
Western Australian Projects. “3 << y sy Bethe pe ity. 0 Psy | WESTERN rv ee AUSTRALIA ay * @ Manyingee \ \ Lakeside @ Pd Lake Mason Anketell — & Mopoke Well m= Newman mu STRALIA mw Kalgoorlie r Metals.i2Y
Slide 20: Manyingee Project
Manyingee Project For personal use only The Manyingee project is located adjacent to Paladin Energy’s Manyingee Deposit – a palaeochannel-hosted, roll-front style uranium deposit buried under approximately 40m of cover. EME drilling campaigns found significant mineralisation on 100% EME ground up-st
Slide 21: Manyingee Project
Manyingee Project For personal use only The new Deep Ground Penetrating Radar (DGPR) technique was trialled on a line across the buried Manyingee palaeo- channel.
Slide 22: Manyingee Project – DGPR Survey
Manyingee Project – DGPR Survey For personal use only The DGPR sensor array is manually hauled over the survey line - a 1 km line can be acquired in about 1.5 hours. The DGPR method provides high resolution imaging of the channel base.
Slide 23: DGPR & Passive Seismic Survey comparison
DGPR & Passive Seismic Survey comparison 2015 Passive Seismic Survey (2.5 km) For personal use only DGPR-defined channel base Passive suggesting two Seismic deeper channel defined branches occur channel between drill-holes base MRM015 & MRM002 – new exploration targets 2016 Deep GPR Survey (1 km)
Slide 24: Manyingee Project Resource Estimate
Manyingee Project Resource Estimate A review of Energy Metals previous drilling results at Manyingee East demonstrated For personal use only sufficient continuity of mineralisation to enable the estimation of an initial mineral resource. On 7th November 2016 EME announced an initial Mineral Resource
Slide 25: Retention of WA Uranium Projects
Retention of WA Uranium Projects For personal use only In addition to the Manyingee project EME has four calcrete-style uranium projects in WA: Lakeside, Lake Mason, Anketell & Mopoke Well. JORC-reported Mineral Resource Estimates have now been announced for all WA projects. Resource areas of
Slide 26: Tenement Optimisation – Northern Territory
Tenement Optimisation – Northern Territory For personal use only Following an annual project review EME elected to surrender parts of its Ngalia Regional tenement area assessed as having low prospectivity for uranium. The plan was implemented in early 2017 with savings of over $100K in direct and in
Slide 27: Plans for 2017
Plans for 2017 For personal use only Ngalia Regional Projects: Undercover uranium resources to be targeted by geophysical programs including collaboration with Geoscience Australia’s regional airborne EM program; Conversion of resource areas to Retention Licences; Annual prospectivity review o
Slide 28: For more information
For personal use only ASX:EME For more information: Phone: +61 8 9322 6904 Email: enquiry@energymetals.net Web: www.energymetals.net