Haranga Resources Limited · ASX:HAR
Haranga Resources — Investor Presentation (May 2024)
21 slides from Haranga Resources's investor presentation, May 13, 2024
Slide 1: Investor Presentation May 2024
For personal use only Investor Presentation May 2024 ASX:HAR haranga.com
Slide 2: Disclaimer
Disclaimer For personal use only This presentation does not constitute investment advice. Any forward-looking statements included in this Competent Person Statement, Previously Reported This presentation has been prepared by Haranga presentation involve subjective judgement and analysis Information
Slide 3: Company Information – One of the Most Undervalued Uranium Resource Stocks
Company Information – One of the Most Undervalued Uranium Resource Stocks Corporate Structure Share Price For personal use only $0.105 89.5m Shares on Issue Share Price (As at 8 May 2024) $9.40m $1.1m Cash on hand Market Capitalisation (As at 31 March 2024) Top 5 Shareholders – 37.9% First Growth Fu
Slide 4: Key Personnel
Key Personnel For personal use only Michael Davy John Davis Jean Kaisin Non-Executive Chairman Non-Executive Director Chief Operating Officer Michael is an Australian Accountant with over 15 years’ Mr Davis is a geologist with more than 30 years’ experience in Mr Kaisin is a geologist, based in Sene
Slide 5: The Yellow Opportunity
The Yellow Opportunity • Sentiment changing to a fast-growing acceptance of the sector’s ability to supply reliable For personal use only baseload energy 24/7/365 with a clean, green footprint. • Estimated nuclear power generation will range between its current 10% of the global electricity supply a
Slide 6: The Yellow Opportunity
The Yellow Opportunity For personal use only Historical data Stable government, good Commodity performance infrastructure Gold potential Prior exploration work, including more than 68,000m of drilling, radiometric and magnetic The Kedegou region already hosts Uranium prices continue to perform surve
Slide 7: Investment in Nuclear Energy
Investment in Nuclear Energy For personal use only Investment in World Nuclear Chinese nuclear power Reactor Fleet Reactor Fleet In 2021, NETHERLANDS SWEDEN is considering adding up to announced plans to build 2,800 MWe to the Ringhal nuclear power Operable 2 nuclear reactors by plant's current capa
Slide 8: Investment in Nuclear Energy
Investment in Nuclear Energy Even compared to the two next lowest emission power sources of wind and solar, nuclear generates 25% and 40% less CO2 equivalent emissions per unit of power1 For personal use only Nuclear Wind Solar Hydro power Biomass 3 4 5 34 78-230 Natural gas 490 Oil Coal 720 820 8 N
Slide 9: Senegal – A haven for West African investment
Senegal – A haven for West African investment Senegal has cemented a reputation of stability and political maturity since its independence from France in 1960, having transitioned to a democratic system For personal use only that has seen decades of peaceful transitions of power through elections. T
Slide 10: Saraya Uranium Project – Poised for Development
Saraya Uranium Project – Poised for Development The Saraya Uranium Project is a JV between Haranga Resources Ltd (70%) and Mandinga Resources SARL (30%, free carried to PFS) and relates to permit PR02208 For personal use only in East Senegal. Highlights include: • Ground partially explored by Areva
Slide 11: Existing Resource with Atomic Potential
Existing Resource with Atomic Potential • Haranga verified the historic data with the completion of 22 diamond core For personal use only holes for 3,021m, resulting in 45 uranium intercepts for 524m of mineralisation with a weighted average grade of 775ppm eU3O81. • MRE is based upon 541 drillholes
Slide 12: Saraya Development – Stage Exploration
Saraya Development – 4 Stage Exploration For personal use only Stage 1: to locate areas within our 1650km2 permit we utilise termite mound 1 sampling (TMS). Regional1 to highlight potential locations (1000m x 100m). Stage 2: Infill2 to test regional results and define a surface anomaly (200m x 50m).
Slide 13: Natures Workforce – Termite Mound Sampling
Natures Workforce – Termite Mound Sampling Saraya houses several thousand termite mounds, which we utilise from a project perspective in both a creative and effective way. Termites can travel extensively underground. They deposit samples on the surface that contain rock material from various depths
Slide 14: Resource Represents a Fraction of the Potential
Resource Represents a Fraction of the Potential p • Haranga inherited seven known prospects. • One is now the Saraya deposit. Saraya deposit For personal use only 16 Mlbs @ • Haranga has generated, through TMS, a further four 587ppm eU3O8 Diobi prospects. Inferred • Regional TMS to be completed, per
Slide 15: Auger Drilling – Digging Deeper Unearthing Targets
Auger Drilling – Digging Deeper Unearthing Targets • Significant uranium anomalies were discovered For personal use only within weathered in-situ rock at both Mandankoly and Sanela prospects1 from 288 auger holes completed, at depths of 5 to 15 metres, aimed at investigating the source of surface ur
Slide 16: RC Program – Confirming the Deposit
RC Program– Confirming the Deposit The completed RC drill program1 produced 29 RC holes for 3,759m with the majority of holes designed to produce confirmation data for the Mineral Resource Estimate (MRE) upgrade. The MRE is planned to be completed following the metallurgical testwork on ore For pers
Slide 17: Saraya Prospects – Big Opportunity
Saraya Prospects – Big Opportunity • Outside of the Saraya resource, there were several known anomalous areas that have had some attention. Mainly surface sampling, but some (Diobi, Mandankoly and Sanela) with historic drilling intersecting mineralisation. For personal use only • Diobi, Mandankoly a
Slide 18: Ibel South Gold Project – Known Anomalies
Ibel South Gold Project – Known Anomalies • Birimian Volcanics of the Kenieba inlier, which has reported in excess of 40 million ounces of gold in For personal use only resources being mined or under development1. • Approximately 80 km SW of the 8.72 Moz Teranga Gold Corporation (TSX: TGZ), Sabodala
Slide 19: Project Timeframe – Developing Resources
Project Timeframe – Developing Resources For personal use only Q1 Q2 Q3 Q4 RC Drilling & Assays Regional TMS MRE Upgrade MRE Update Ibel South 19 Saraya Drillout ASX:HAR MAY 2024
Slide 20: Highlights
Highlights For personal use only Country • Senegal is a stable geopolitical location with a pro mining government and recently (2016/17) updated Mining laws. • Significant support and resourcing allocated by external funds. Resource Demand & Assets • Global uranium demand is increasing drastically,
Slide 21: For personal use only
For personal use only +61 8 6158 9990 Suite 7, 63 Shepperton Rd Victoria Park, WA 6100 info@haranga.com.au haranga.com