Enterprise Metals Limited · ASX:ENT

Enterprise Metals — Australian Uranium Conference 2012

28 slides from Enterprise Metals's conference presentation, Jul 18, 2012

  1. Slide 1: Enterprise's Uranium Projects

    Enterprise’s Uranium Projects Enterprise Metals Limited Australian Uranium Conference Fremantle WA 18 July 2012

  2. Slide 2: Disclaimer

    —) Enterprise Metals Limited Disclaimer This document has been prepared by Enterprise Metals Ltd (“Enterprise” or “the Company”) to provide an update on the Company’s Uranium Projects to investors and potential new shareholders. This presentation should be read in conjunction with other public annou

  3. Slide 3: Capital structure and major shareholder

    Enterprise Metals Limited Issued Capital 213.22 million shares Share price $0.12 (close 17 July 2012) Market Capitalisation $25.6 million Cash at bank $10.8 million @ 11 July 2012 ________________________ _______________________________ Listed & Unlisted Options 84.0 million @ 25 cents (11/2012 - 7/

  4. Slide 4: Corporate structure

    y -— = z ; Enterprise _ STRUCTURE@= APR aa LAT si ENTERPRISE METALS LTD ENTERPRISE ENTERPRISE ENTERPRISE IRON PTY LTD GOLD PTY LTD EXPLORATION PTY LTD

  5. Slide 5: Directors

    Enterprise DIRECTORS Metals Limited Dr. Jingbin Wang BSc, MSc, PhD - Chairman (Non-Executive)  Geologist with 26 years multi-commodity, multi-national experience Dermot Ryan BApSc (Geo), FAusIMM, CP (Geo) - Managing Director  Geologist with 34 years multi-commodity experience Paul Hallam BE Mining

  6. Slide 6: Exploration Pact – Our Strategy

    Enterprise EXPLORATION PACT – OUR STRATEGY Metals Limited People:  Well skilled, trained & rewarded people. Area Focus:  Yilgarn Craton &surrounding Proterozoic Basins & Orogenic Zones.  Infrastrucure rich areas. Commodity Focus:  Uranium, iron ore, gold & basemetals. Technology:  Exploit advan

  7. Slide 7: Uranium Strategy

    Enterprise URANIUM STRATEGY Metals Limited 2010/2011:  Greenfields .  Brownfields.  Airborne mag/rad surveys for calcrete & sand hosted uranium  Proprietary & Government. 2012:  New targets from Gov’t surveys.  ENT AEM surveys (completed).  Aircore/RC drilling.  Continue exploration.  Consi

  8. Slide 8: Uranium in Calcrete (WA)

    Enterprise URANIUM IN CALCRETE (WA) Metals Limited Charles Butt et al (CSIRO) Classification of drainages by style of calcrete/carnotite development:  Carnotite in trunk valley calcretes & playas, (Yalgoo)  Carnotite in playas, (Peranbye)  Carnotite in dissected calcrete. (Byro)

  9. Slide 9: Model 1: Calcrete Hosted Uranium

    Enterprise Model 1: Calcrete Hosted Uranium Metals Limited Source Fairway Trap pH 4.5+ Carnotite Watertable Mineralisation Calcrete pH 6.0+ pH 7.0+ Potassium Uranium Potassium Trap Site Vanadium Mafic Mafic Rocks Rocks Lower grade, but detectable in airborne surveys, shallow, easy to drill out & min

  10. Slide 10: Model 2: Roll Front/Sand Hosted Uranium

    Enterprise Model 2: Roll Front/Sand Hosted Uranium Metals Limited Source Fairway Trap RGB Radiometrics Isometric projection High grade, potential for in-situ leaching, “blind” deposits, drilling intensive.

  11. Slide 11: Model 2a: Buried Sand Hosted Uranium

    Enterprise Model 2a: Buried Sand Hosted Uranium Metals Limited Palaeochannel > 500m Sands and Clay ~50m Clay ~30m Weathered Granite Mineralised Sands +/- Mineralisation Uranium Mineralisation Granitic Basement Moderate grade, potential for in-situ leaching, “blind” deposits, drilling intensive. Key

  12. Slide 12: Yalgoo-Peranbye Projects

    Enterprise Yalgoo-Peranbye Projects Metals Limited Targets:  Calcrete and Sand hosted uranium deposits  Strong airborne radiometric responses associated with channels & lake sediments. 2012:  Scout Aircore/RC drilling (Yalgoo)  Recon sampling (Peranbye)

  13. Slide 13: Yalgoo Project

    Enterprise Yalgoo Project Metals Limited Uranium channel 29ppm U 50ppm U Image of airborne Uranium data. (100m line spaced survey) Max 867ppm eU3O8 in aircore drilling

  14. Slide 14: Peranbye Project

    Enterprise Peranbye Project Metals Limited 2012 Airborne EM survey lines in Red Eroded ferruginous “hardpan” exposing calcrete in present day channel

  15. Slide 15: Peranbye Project

    Enterprise Peranbye Project Metals Limited High Uranium (Red) over Digital Terrain Image RGB Radiometric Image Calcrete Targets in blue/magenta

  16. Slide 16: Peranbye Project

    Enterprise Peranbye Project Metals Limited Uranium (Red) over Digital Terrain Image RGB Radiometric Image Calcrete Targets in blue/magenta

  17. Slide 17: Peranbye Project

    Enterprise Peranbye Project Metals Limited Uranium (Red) over Digital Terrain Image RGB Radiometric Image Calcrete Targets in blue/magenta

  18. Slide 18: Byro Project Calcrete & sand hosted targets

    Enterprise Byro Project Calcrete & sand hosted targets Metals Limited Digital Terrain Image, calcrete (yellow) & uranium (red) AEM Channel 15 over Inland Delta & DTM

  19. Slide 19: Byro Project Calcrete & sand hosted targets

    Enterprise Byro Project Calcrete & sand hosted targets Metals Limited 10 km 10 km AEM Channel 15 over Inland Delta & DTM Google Earth Image Showing Inland Delta

  20. Slide 20: Byro Project 2012 Work program

    Enterprise Byro Project Metals Limited 2012 Work program  Airborne EM surveys completed July.  Radio Emissions Plan for SKA area submitted to Gov’t.  POW in preparation.  Heritage Survey planned.  RC drill testing palaeochannel on Granted tenement.  Drill test Murchison channel when other tene

  21. Slide 21: Ponton & Harris Lake Projects

    Enterprise Ponton & Harris Lake Projects Metals Limited Regional Geology Calcrete & Sand Hosted Targets 2011:  Pegged ground over strong airborne Uranium responses associated with channel & lake sediments.  Proven Uranium district. 2012:  Airborne EM survey completed July.  Grant of tenements im

  22. Slide 22: Manhattan's Ponton Project

    Enterprise Manhattan’s Ponton Project Metals Limited Competitor Project Carbonaceous sand hosted uranium mineralisation. Below 40 to 60 metres of cover. Defined in drill holes along 55km of Tertiary palaeochannels. Channels connect with Energy and Minerals Australia’s lignite hosted Mulga Rock d

  23. Slide 23: Ponton Project

    Enterprise Ponton Project Metals Limited Double 8 17.2 Mlb U3O8 2012 Drill Targets A Target A: Lake Rebecca. Target B: Lake Yindana. Target C: Lake Roe. B 2012 AEM (1000m line spacing) C 20 km Uranium (Red) over Digital Terrain Image

  24. Slide 24: Harris Lake Project

    Enterprise Harris Lake Project Metals Limited 2 km 2011: Strong Uranium response in detailed mag/rad survey. 2012: Airborne EM survey completed (July) Heritage survey required. Aircore/RC drilling. Uranium Channel over Magnetics

  25. Slide 25: Harris Lake Project 2012 Drill Targets

    Enterprise Harris Lake Project Metals Limited 2 km 2012 Drill Targets A Target A: Strong discrete elongate (1,500m x 200m) uranium response. Target B: Coincident with an isolated “oxbow” off main drainage. Discrete (1,000m x 150m) uranium response. C Target C: Main anomalous uranium D B response, 10

  26. Slide 26: Subsidiary of Sinotech Minerals Exploration Co., Ltd.

    Enterprise Metals Limited  Subsidiary of Sinotech Minerals Exploration Co., Ltd.  Beijing Institute of Geology for Mineral Resources (BIGM) is major shareholder (45%).  Focus is exploration, mine development and geo-services.  Enterprise is first equity investment in Australia.  Sinotech aims t

  27. Slide 27: Investment in foreign public companies, our strategy

    Enterprise Metals Limited “Investment in foreign public companies, our strategy”  Discover well-credited junior exploration companies with good properties.  Provide financial and technical support, even properties if necessary.  Adjust our shareholding position according to corporate demand & mar

  28. Slide 28: Reporting of Exploration Results

    Enterprise Reporting of Exploration Results Metals Limited The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dermot Ryan, a Fellow of the Australasian Institute of Mining & Metallurgy. Dermot Ryan is a Dire

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