Cauldron Energy Limited · ASX:CXU
Cauldron Energy — Investor Presentation (February 2016)
22 slides from Cauldron Energy's investor presentation, Feb 17, 2016
Slide 1: Company Presentation
17 February 2016 COMPANY PRESENTATION ABN 22 102 912 783 For personal use only 32 Harrogate Street, West Cauldron Energy Limited (ASX: CXU) (“Cauldron” or “the Company”) is pleased to Leederville WA 6007 attach a copy of a presentation which will be presented by the Company to brokers in Perth. PO B
Slide 2: Exploration Success Update
For personal use only Exploration Success Update FEBRUARY, 2016 DEFINE | DEVELOP | DELIVER
Slide 3: Disclosure Statements
DISCLOSURE STATEMENTS Forward Looking Statements This presentation may include forward-looking statements with respect to achieving corporate objectives, developing additional project opportunities, the Company’s analysis of For personal use only opportunities and the development of these and certai
Slide 4: Uranium Market & CXU's Place
URANIUM MARKET & CXU’S PLACE For personal use only CURRENT MARKET DYNAMICS - POST COP21 SUPPLY currently over supply due to slow Japanese start ups; cross over approx. 2020 DEMAND current Chinese stockpiling, increase China start-ups, India, Middle East, Africa RISKS faster pace Chinese commis
Slide 5: Corporate Overview
CORPORATE OVERVIEW STOCK VALUE UPSIDE: PROJECT POISED FOR STEP CHANGE IN VALUE For personal use only Australia: Bennet Well poised for leach trials for in-situ recovery (ISR) project development; government support and independent study views ISR production possible by 2020 Argentina: Government
Slide 6: CXU Key Assets
CXU KEY ASSETS For personal use only AUSTRALIA ARGENTINA Yanrey Project, W.A. “the new uranium camp” Rio Colorado Project, (Cu, Ag) Marree JV Project, S.A. (Cu, Au, U) Los Colorados Project (U) Boolaloo Project, W.A. (Cu, Au) Las Marias Project (U) Beadell Project, W.A. (Cu, Au (20% fr
Slide 7: CXU Exploration News
CXU EXPLORATION NEWS For personal use only Dept WA Mines Dept invites Bennet Well Project for preferred project status Jan. 2016 DMP assigns personnel for interdepartmental liaison & assist Bennet Well through approvals process Bennet Well exceeds target of 30.9 Mlb eU3O8 in JORC Resource Dec. 2015
Slide 8: Yanrey Uranium Project, WA
YANREY URANIUM PROJECT, WA “THE NEW URANIUM CAMP” For personal use only 11 major palaeochannels identified by CXU Bennet Well channel: high grades and shallow horizon indicate ISR potential High cash margins at low commodity prices Realistic 2020 production timeframes DMP invites BW for pr
Slide 9: Bennet Well Project Schedule
BENNET WELL PROJECT SCHEDULE Predicted ISR operations For personal use only production price: US$13/lb economic at current uranium price (US$40/lb) realistic production timeframe Area Defined for ISL Trials ISR style mining is: quick to establish, cheap to run 2016 2017 2018 2019 2020 Fi
Slide 10: Bennet Well Mineral Resource
BENNET WELL MINERAL RESOURCE 2015 DRILLING PROGRAM For personal use only Highly successful drilling program: high-grade U mineralisation suitable for FLT delineation of new mineralisation at BW Channel discovery of new mineralisation at Manyingee South acquisition of new tenement adjacent to
Slide 11: Hydro-Geological Framework
HYDRO-GEOLOGICAL FRAMEWORK For personal use only BENNET WELL HYDRO-GEOLOGY Physical parameter testing on core - BW0073 sub-horizontal deposit geometry permeable host unit impermeable confining layers hangingwall is adjacent to mineralisation footwall is crystalline basement saturated con
Slide 12: Bennet Well Field Leach Test
BENNET WELL FIELD LEACH TEST For personal use only KEY MILESTONE: BENNET WELL FIELD LEACH TEST (FLT) Bennet Well uranium is amenable to both acid and alkali-carbonate leachate solutions (in the lab): Acid Leachate 98% recovery, Alkali-Carbonate Leachate 94% recovery. FLT will characterise hy
Slide 13: Yanrey Preliminary Financial Model
YANREY PRELIM. FINANCIAL MODEL For personal use only BENNET WELL - EFFECT OF CUTOFF ON RESOURCE ECONOMICS 450,000,000 Financially positive at US$40/lb (150 ppm U3O8 cut-off) 350,000,000 Predicted total operating cost of US$26/lb Net Present Value (us$) 250,000,000 Predicted Internal Rate of Re
Slide 14: Marree JV Project, SA
MARREE JV PROJECT, SA For personal use only CXU 60% OWNERSHIP JV with Korean consortium: CXU retains 60% of project, Consortium diluting from 40% base Numerous historical working identified Historical mining for Pb, Zn, Au, Ag, Cu (e.g. Ooloo) URANIUM OPPORTUNITIES Potential for ISR with Hea
Slide 15: Rio Colorado Cu, Ag Project, Argentina
RIO COLORADO CU, AG PROJECT, ARGENTINA For personal use only POSITIVE POLITICAL SHIFT IN SENTIMENT TOWARDS MINING CXU at pivot point after change in government sentiment coupled with significantly diminished social resistance to all mining in face of economic reality Positive progress at Rio Col
Slide 16: Rio Colorado 16km Cu, Ag Outcrop
RIO COLORADO 16KM CU, AG OUTCROP RIO COLORADO: THE SLEEPING GIANT For personal use only Outcrop of prospective geology along 16km with 6km Cu/Ag mineralisation identified Application of Sedimentary Copper mineralisation model has generated significant upside to the project area. Micromine remo
Slide 17: CXU 2015-2016
CXU 2015-2016 ASSET DEVELOPMENT, POTENTIAL FOR SIGNIFICANT ROI For personal use only Initiate FLT Bennet Well Q2 2016 Milestone achieved = step change in value per resource lb FLT establishes low cost high margin uranium as feasible Significant uranium demand driven price correction prior to
Slide 18: For personal use only
For personal use only SIMON YOUDS DAVID TASKER Cauldron Energy Limited Professional Public Relations 32 Harrogate Street Tel: +61 (8) 9388 0944 West Leederville WA 6007 M: +61 (0) 433 112 936 Tel: +61 (8) 6181 9796 E: david.tasker@ppr.com.au E: info@cauldronernergy.com.au WWW.CAULDRONENERGY.COM.AU 1
Slide 19: Appendix
For personal use only APPENDIX Pg 18
Slide 20: Yanrey Regional Geology
YANREY REGIONAL GEOLOGY For personal use only REGIONAL GEOLOGY Located in the northern end of the Capricorn Orogen Cretaceous-aged palaeochannels have created depressions along Proterozoic basement lithologies The palaeochannels have been overlain by Cretaceous-aged sediments EXPLORATION MODEL
Slide 21: Bennet Well Geology
BENNET WELL GEOLOGY For personal use only Bennet Well East BENNET WELL GEOLOGY Inferred Resource: 3.91Mlb (1,775t) U3O8 at 250ppm Indicated Resource: Bennet Well Central 0.49Mlb (221t) U3O8 at 325ppm Inferred Resource: The Bennet Well channel is a 4.43Mlb (2,008t) U3O8 at 215ppm Indicated Resource
Slide 22: Bennet Well – EM Image
Bennet Well – EM Image ? Palaeochannels have good For personal use only ? correlation with EM anomalism. Extensions to resource will be ? tested in the 2015 drilling program. Bennet Well Resource (Oct 2014) Grade Shells >500 ppm Bennet Well Bennet Well 400-500 ppm South East 300-400 ppm 250-300
Cauldron Energy — Investor Presentation (February 2016) on 6ix