Power Minerals Limited · ASX:PNN

Power Minerals — PepinNini Minerals — Perth Uranium Conference 2009

27 slides from Power Minerals's conference presentation, Jul 24, 2009

  1. Slide 1: Diversified Near Term Uranium Production

    For personal use only Diversified Near Term Uranium Production July 2009 Company 1

  2. Slide 2: Capital Structure and 12 month share price

    Capital Structure 12 month share price For personal use only (12th July, 2009) PNN Share Price 1 z 78,202,499 shares on issue 0.9 0.8 0.7 0.6 AUS$ 0.5 z Currently 1,992 shareholders 0.4 0.3 0.2 0.1 0 11-Jun-08 25-Jun-08 09-Jul-08 23-Jul-08 06-Aug-08 20-Aug-08 01-Oct-08 15-Oct-08 29-Oct-08 12-Nov-08

  3. Slide 3: Corporate

    Corporate For personal use only Norman Kennedy Christopher Lambert Chairman & Managing Director Non-executive Director Exploration Geologist for over 30 years London based financial background Rebecca Holland- Holland-Kennedy Albert Harris Executive Director & Company Secretary Non-executive Directo

  4. Slide 4: Project and tenement overview map

    For personal use only North Queensland (exploration) Musgrave Province (exploration) Robinson Range Iron Ore (exploration) Curnamona Province (U3O8 Development) 43 exploration tenements covering 17,000 sq.kms. 4

  5. Slide 5: Uranium Projects Summary

    Uranium Projects Summary Advanced South Australian uranium project targeting For personal use only z production for 2011 z 19.8mlb U308 JORC Compliant Inferred Resource z Strategic alliance with Sinosteel Corporation to jointly develop the Uranium Project at Crocker Well z 26 known primary uranium p

  6. Slide 6: Queensland Uranium Projects

    Queensland Uranium For personal use only Projects 6

  7. Slide 7: North Queensland tenements

    For personal use only 100% interest in 25 Tenements 2,975 sq.kms The tenements are prospective for gold, copper, base metals, uranium, phosphate and potash 7

  8. Slide 8: Uranium Targets North Queensland Project

    Uranium Targets North Queensland Project z Uranium occurrences which have been inadequately tested by For personal use only previous explorers and favorable geological settings for uranium mineralisation have been identified in 15 tenements z Principal targets are hard rock volcanic type deposits si

  9. Slide 9: Crocker Well Uranium Project South Australia

    Crocker Well Uranium Project For personal use only South Australia 9

  10. Slide 10: Curnamona Province Project - Crocker Well

    Curnamona Province Project (40% PepinNini 60% Sinosteel Corporation) For personal use only Advanced Uranium Project – Crocker Well z Strategic alliance with Sinosteel Corporation to jointly develop the Uranium Project z Aim to be in production in 2011 z More than AUD$14million already committed to t

  11. Slide 11: EL4239 tenements map

    To Beverley (U) Mine For personal use only EL4239 5 Tenements covering 3,778 sq kms 11

  12. Slide 12: JORC Resource

    JORC Resource Crocker Well and Mt Victoria Deposits For personal use only (estimated by Hellman & Schofield September, 2005) Category Pounds (U3O8) Tonnes (U3O8) Cut-off Grade Ave. Grade Inferred 19,800,000 lbs 8,981 tonnes 250ppm 447ppm Inferred 14,850,000 lbs 6,736 tonnes 300ppm 529ppm Current dri

  13. Slide 13: Uranium mineralisation geology

    For personal use only • Uranium hosted by exotic sodic per- aluminous granitoids generated by anatexis during high grade metamorphism of alkaline volcano-sedimentary rocks. • Surrounding rocks are regional potassic granites and older more mafic granitoids. • Uranium mineralisation is coarse grained

  14. Slide 14: Boreholes completed for resource verification

    For personal use only More than 220 boreholes completed in 2008 for resource verification. An additional 77 boreholes completed in 2009. 14

  15. Slide 15: Field Camp at Crocker Well

    For personal use only Field Camp at Crocker Well 15

  16. Slide 16: Ministerial Visit 20th January, 2009

    For personal use only Ministerial Visit 20th January, 2009 16

  17. Slide 17: Current Field Activities

    Current Field Activities For personal use only Helicopter geophysical surveys Drilling Meteorological Station (Temperature, pressure, evaporation, humidity, rainfall, Sampling wind speed and direction, dust and radiation) 17

  18. Slide 18: Recent Developments

    Recent Developments For personal use only O Lodgement of a Referral under the Commonwealth Government Environment Protection and Biodiversity Conservation Act for the development of a uranium mine at Crocker Well (August, 2008) O Submission of an application for a Mining Lease at Crocker Well – (Sep

  19. Slide 19: Crocker Well Bankable Feasibility Study

    Crocker Well For personal use only Bankable Feasibility Study Resource Validation Mining Metallurgical testing Regulatory Approvals and EIS BFS 19

  20. Slide 20: Preliminary Pit Optimisation

    For personal use only Processing Plant Crocker Junction Current Field Camp 0 1 Kilometre Preliminary Pit Optimisation 20

  21. Slide 21: Proposed Processing Plant Layout

    For personal use only Flotation Circuit 22% mass pull recovers 90% of uranium 0 100 Metres Pressure Filtration replaces CCD for solids liquid separation Solvent Extraction will use a NaCl strip and a H2O2 precipitation Overall Uranium Recovery = 78% Current Proposed Processing Plant Layout 21

  22. Slide 22: Crocker Well - Project Schedule

    For personal use only Crocker Well - Project Schedule 22

  23. Slide 23: 26 additional known uranium prospects

    Goulds Dam (U) For personal use only Crocker’s Well Kalkaroo (Cu-Au-Mo) Uranium Project Honeymoon (U) White Dam (Au) Radium Hill (U) 0 25 kilometers z 26 additional known primary uranium prospects other than Crocker Well and Mt Victoria z Potential for intrusion related, unconformity and palaeo-chan

  24. Slide 24: Crocker's Well Detailed Survey

    For personal use only Crocker’s Well Detailed Survey RGB Ternary Radiometrics (25m spacing) TMI RTP Magnetics (50m/25m spacing) 0 25 kilometers RGB Ternary Radiometrics (50m/25m spacing) • Recent High Resolution Geophysics at 50m and 25m flight lines at 40m height • Magnetics, Radiometrics & Gravity

  25. Slide 25: Rock chip results and new targets

    U For personal use only K Th 2.4% U3O8 Rockchips 0.29% U3O8 Rockchips 0.89% U3O8 Rockchips 2.6% U3O8 Rockchips TMI RTP Magnetics • Known uranium deposits better characterised • Many new targets identified, some very close to planned development • Anomalous Rock chips up to 2.6% U3O8 in known but unt

  26. Slide 26: Base metal targets

    TMI RTP Magnetics Kalkaroo (Cu-Au-Mo) Billeroo Carbonatite Johnaroo ( For personal use only Birthday Well South Koolka ( ( ( White Dam (Au) Willow Crocker’s Well • More than 30 priority base metal (Cu/Au, Pb/Zn) targets ready to explore 0 5 10 • $6 million expenditure commitment by Sinosteel Corpora

  27. Slide 27: Thank You / Disclaimer

    For personal use only Disclaimer: Thank You • The information in this presentation is published to inform you about PepinNini Minerals Limited and its activities. All reasonable effort has been made to provide accurate information, but we do not warrant or represent its accuracy and we reserve the r

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