Bannerman Energy Ltd · ASX:BMN
Bannerman Energy — Bannerman Resources — BMO Capital Markets 2010 Global Metals and Mining Conference
13 slides from Bannerman Energy's conference presentation, Mar 2, 2010
Slide 1: Bannerman Webcast of CEO Presentation to BMO Conference
STOCK EXCHANGE ANNOUNCEMENT 2 March 2010 For personal use only BANNERMAN WEBCAST OF CEO PRESENTATION TO THE BMO CAPITAL MARKETS 2010 GLOBAL METALS AND MINING CONFERENCE Perth, Australia – Bannerman Resources Limited (ASX: BMN, TSX: BAN, NSX: BMN) (“Bannerman”) is pleased to advise that the attached
Slide 2: Etango Uranium Project
For personal use only Etango Uranium Project Building a significant producer with broad strategic appeal BMO Capital Markets Global Metals and Mining Conference 2010
Slide 3: Forward-Looking & Technical Disclosures
Forward-Looking & Technical Disclosures For personal use only Certain disclosures in this presentation, including management's assessment of Bannerman Resources Ltd’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relatin
Slide 4: Summary
Summary Building a significant producer with broad strategic appeal For personal use only Nuclear utilities want: 1. Exposure to low sovereign risk 2. Long mine life (+10 years of supply) 3. Significant annual production 4. Low technical risk 5. Consistent economics 6. Low permitting risk 7. Deliver
Slide 5: Etango Uranium Project
Etango Uranium Project For personal use only 500 km2 of prospective landholding including satellite targets adjacent to Etango deposit Page 4
Slide 6: Etango Uranium Project: Pre-feasibility Study
Etango Uranium Project Pre-feasibility Study – Dec 2009 For personal use only Large near-surface resource: M&I 103Mlbs and Inferred 49Mlbs U3O8 6km of contiguous strike length of known resource +16 year mine life at 5-7 Mlbs/year starting in 2013 US$38/lb first 5 years – relatively flat operating co
Slide 7: Project Status
Project Status For personal use only Lodged Mining Licence application Key DFS activities in March Quarter * Flotation Testwork Program * Mining Review * Mineral Resource Estimate * Appointment of Study Engineer Commencing with formal process to identify suitable Strategic Partner Commencing regiona
Slide 8: Namibia wants to be #1 Global Producer
Namibia wants to be #1 Global Producer Emerging opportunities and synergies For personal use only 20 GL Trekkopje/Areva AREVA Plant Valencia/Forsys Operational and equipment synergies with neighbouring Rössing/Rio Tinto mines. Proposed 25 GL Plant (NamWater) Water – expanding Rössing South/Extra
Slide 9: Large Scale Open Pit Mining
Large Scale Open Pit Mining Targeting +10 % reduction in cash costs For personal use only Final pit design Onkelo Starter pits Resource model zones Oshiveli High-grade starter pits Anomaly A 6km Page 8
Slide 10: Uranium Flotation
Uranium Flotation Introducing proven technology to the industry For personal use only Uranium flotation presents significant value-add opportunity: less H2SO4, less material handling 85-94% flotation recovery in 5-10% mass pull concentrate 3,500 – 4,000ppm (U3O8) concentrate grade Flotation process
Slide 11: Exploration
Exploration For personal use only Initiating new target generation programs in all three licence areas: Etango Swakop River Botswana Dedicated exploration team Etango Project Page 10
Slide 12: Summary
Summary Building a significant producer with broad strategic appeal For personal use only Nuclear utilities want: Bannerman has: 1. Exposure to low sovereign +150 Mlbs in country with arguably lowest risk risk profile of any uranium jurisdiction 2. Long mine life (+10 years of +16 year mine life
Slide 13: For personal use only
For personal use only www.bannermanresources.com.au Page 12
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