Boss Energy Limited · ASX:BOE
Boss Energy — Technical Presentation (March 2025)
23 slides from Boss Energy's technical presentation, Mar 26, 2025
Slide 1: Boss Energy Honeymoon Analyst Site Visit Presentation
ASX Release 26 March 2025 Boss Energy Honeymoon Analyst Site Visit Presentation Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) advises that today, on 26 March 2025, it is hosting a site visit for 14 equity research analysts at the Honeymoon Uranium mine, South Australia. The following presentation wil
Slide 2: A global multi-mine Uranium producer
A global multi-mine Uranium producer First mover advantage in a rising Uranium market Honeymoon Analyst Site Visit 26 March 2025 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 3: Site Visit: Production Results (3Q25)
Honeymoon Site Visit 1 Production Results (3Q25) Boss Energy | Honeymoon Analyst Site Visit 2
Slide 4: Production Results
Production Results Honeymoon March Quarterly Production1 lbs 350,000 • Strong expected quarter on quarter growth in IX production and U3O8 300,000 drummed Forecast production • Remain on track to deliver 850k lbs U3O8 drummed for FY25 250,000 Forecast production • U3O8 drummed exceeded IX production
Slide 5: Site Visit: Wellfields
Honeymoon Site Visit 2 Wellfields Boss Energy | Honeymoon Analyst Site Visit 4
Slide 6: Wellfields
Honeymoon Wellfields Gould’s Dam 25 Mlbs 510ppm Jasons Jason’s Goulds 11 Mlbs Dam 790 ppm ~13km Honeymoon 36 Mlbs 660 ppm Boss Energy | Honeymoon Analyst Site Visit 5
Slide 7: Current Wellfield Configuration
Honeymoon Current Wellfield Configuration Brooks Dam Honeymoon East Kalkaroo Boss Energy | Honeymoon Analyst Site Visit 6
Slide 8: Wellfield Development
Honeymoon Wellfield Development Steps Key Activity Description Indicative Timeframe Resource Resource delineation drilling is completed on typical spacing of 40m x 40m. Key for Typical drilling rates are 1 Delineation resource delineation drilling is the use of the BMR and PFN probe ~300m/day Wellfi
Slide 9: Wellfield Resource Delineation
Honeymoon Wellfield Resource Delineation Down Hole Probes Prompt Fission Neutron (PFN) Direct measurement of Uranium (235U) Total Porosity (mobile and bound fluid) Borehole Magnetic Resonance (BMR) Primary lithological tool Useful at picking lithological boundaries Induction Identifies sulphides Res
Slide 10: Wellfield Development
Honeymoon Wellfield Development Honeymoon Lower Domain – Wellfields Design Boss Energy | Honeymoon Analyst Site Visit 9
Slide 11: Wellfield Key Assumptions
Honeymoon Wellfield Key Assumptions Key Consideration Description Assumed from EFS of 70% overall recovery of U3O8 equivalent from 1 Overall Recovery all wellfields - B1 and B2 performing as expected Forecast production rate is based on the % recovery per PVE from a wellfield. The EFS assumes a 70%
Slide 12: Wellfield Opportunities
Honeymoon Wellfield Opportunities Opportunity Description Outcome Currently in construction of V2.0 wellhouse design (incl. VSDs) as a modular Capital and operational cost 1 Modular Wellhouse unit fabricated offsite. Potential to adopt improvements ‘modular construction model’ Use of ferric sulphate
Slide 13: Wellfield Resource Delineation
Honeymoon Wellfield Resource Delineation Scheduled Date for Wellfields Current Status Production B1 & B2 Currently in production In production Available for production (flushing B3 4QFY25 completed) Currently refurbishing wellhouse with poly and trunk line installation B4 scheduled to commence short
Slide 14: Site Visit: Process Plant
Honeymoon Site Visit 3 Process Plant Boss Energy | Honeymoon Analyst Site Visit 13
Slide 15: Key Stages of Processing
Honeymoon Key Stages of Processing Wellfield Insitu Leach Ion Exchange & Precipitation Precipitation Drying Drying&&Calcination Calcination Packing Drumming & Packing Logistics Logistics Stripping Filtered groundwater Precipitation of The Yellowcake is U3O8 is placed The containers are with acid (su
Slide 16: Technical Improvements since Uranium One
Technical Improvements since Uranium One Boss Energy Key Area Uranium One Proven Outcomes Improvements Low Fe High Fe (2g/l) Lixiviant Stability Improved leaching efficiency pH - 2 pH – 1.4 Large Bleed Treatment Groundwater pre-treatment Cost effective Ca/Cl removal Seeing the Operating Cost Enables
Slide 17: Processing - Recovery
Honeymoon Processing - Recovery EFS Actual IX Adsorption and Elution Columns – A Train Process Area Commentary (assumed) (average) • Resin loading higher than EFS life-of-mine assumption at an average of 35g/l compared to 26.7-27.3g/l – resin performing at higher head grades • Recovery achieved as p
Slide 18: Key Milestones
Honeymoon Key Milestones Wellfield B3 (Mar 25*) Column 2 (Sep 25) Commenced PLS feed to IX Column 2 production from Wellfield B3 Installation of Columns 4 to 6 Column 1 & Kiln 1 (Jul 25) Column 5 & 6 Column 3 (Jan 25) (Apr 24) (2QFY26*) PLS feed to IX Column 3 Commissioned and PLS feed to IX Column
Slide 19: Site Visit: Operating Costs
Honeymoon Site Visit 4 Operating Costs Boss Energy | Honeymoon Analyst Site Visit 18
Slide 20: C1 Costs
C1 Costs Honeymoon C1 Cost Breakdown (2H25)1 Reagent Proportion Sourced Use 5% 3% Sodium Carbonate 31% Adelaide Water Treatment, Ion Exchange 17% Hydrogen Peroxide 16% Sydney Wellfield Lixiviant, Precipitation 27% Sodium Hydroxide 16% Adelaide Water Treatment, Precipitation 1% Ferric Sulphate 13% Ad
Slide 21: Resource Tables
Honeymoon Resource Tables HONEYMOON JORC EXPLORATION TARGETS AND MINERAL RESOURCE The information in this Presentation relating to the Enhanced Feasibility Study (EFS) is extracted from the announcement entitled ‘Updated Feasibility Study identifies lower costs and increased financial returns’ dated
Slide 22: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. The Company advises that the EFS uses a portion of Inferred Resources in the first 3 years (less than 1%), in the first 5 years(5%) and over the 11-year life of mine(19%). The Company confirms that the use of
Slide 23: Boss Energy Limited Honeymoon Analyst Site Visit Presentation
Boss Energy Limited Honeymoon Analyst Site Visit Presentation Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF