Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — Mining 2009
30 slides from Power Minerals's conference presentation, Oct 29, 2009
Slide 1: Diversified Near Term Production Australian Exploration Company
For personal use only Diversified Near Term Production 28-30 Oct Australian Exploration Brisbane Company 1
Slide 2: Capital Structure
Capital Structure For personal use only (26th October, 2009) z 78,202,499 shares on issue z Currently 2,012 shareholders z 55% of issued capital held by top 20 shareholders z Currently capitalised at AUD$27 million z Current cash AUD$8.8 million (+ AUD$6 million expenditure from Sinosteel) 2
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
Slide 4: Project areas and exploration tenements
For personal use only North Queensland (exploration) Musgrave Province (exploration) Robinson Range Iron Ore (exploration) Curnamona Province (U3O8 Development) 36 exploration tenements covering 16,000 sq.kms. 4
Slide 5: Queensland Projects
Queensland Projects For personal use only 100% interest in 24 tenements 2,773 sq.kms 5
Slide 6: Tenements prospective for gold, copper, base metals, uranium, phosphate, potash
For personal use only The tenements are prospective for gold, copper, base metals, uranium, phosphate and potash 6
Slide 7: Uranium
For personal use only 7 uranium
Slide 8: Uranium Targets
Uranium Targets O Uranium occurrences which have For personal use only been inadequately tested by previous explorers and favourable geological settings for uranium mineralisation have been identified in 10 tenements O Principal targets are hard rock volcanic type deposits similar to the nearby Maur
Slide 9: Uranium, Phosphate and Potash
For personal use only uranium, phosphate and potash 9
Slide 10: Uranium Phosphate Potash Targets
Uranium Phosphate Potash Targets For personal use only O Numerous Uranium enriched Phosphate Rock prospects previously identified within EPM 14834 Plain Creek. Additional potential within Loyo and Rush tenements O Phosphate grades of up to 27% have been reported by previous explorers together with u
Slide 11: Plain Creek Area
Plain Creek Area For personal use only O Located within the Devonian Carboniferous Drummond Basin O Approx. 300kms by sealed road to the port of Townsville O Field reconnaissance and sampling programs have confirmed high grade uranium, phosphate and potash potential 11
Slide 12: Uranium mineralisation associated with phosphate-rich horizons
uranium mineralisation is associated with phosphate-rich For personal use only horizons at the top of siltstone units within the Natal Formation and within the coarser grained arkoses of the Bulliwallah Formation (both of Lower Carboniferous age) 12
Slide 13: Surface sample assay highlights
127 Sites have been For personal use only inspected and 138 surface samples collected for assays Highest Uranium 3,513 ppm U3O8 from Sassafras Creek Prospect Highest Phosphate 21.4% P2O5 from Robyn Lorraine West Prospect Highest Potash 5.8% from Sassafras Creek & Homestead Prospects 13
Slide 14: Gold and Base Metals
For personal use only 14 Base Metals Gold and
Slide 15: Gold & Base Metals
Gold & Base Metals For personal use only O Widespread copper, gold, silver and lead mineralisation has been identified in rock chip samples O 335 g/t gold, 85 g/t silver, 0.2% copper & 2.8% lead O 54 g/t gold, 870 g/t silver, 32.8% copper O 65.1g/t gold, 435g/t silver, 9.98% copper O 3.6g/t gold, 65
Slide 16: Gold & Base Metals
For personal use only 16 Metals Base Gold &
Slide 17: Percyville EPM - Union Mine Rock Sample Results
Pepinnini Minerals Limited Percyville EPM - Union Mine Rock Sample Results 1.9g/t Au, 65.1 g/t. Au, 435g/t Ag, 9.9% Cut 21.4git Ag 42.3g/t- Au, 154g/t Ag, 0.2% Cu 2.0g/t Au, 45.3g/t Ag inion, z ¢ ag 32.6g/t Au, 75) nongp 442. Sgt Au, agit Ag, 1.4% Cu x Sy 18y/t Au,39.9g/t Ag Eee 8B Cu 2.8g/t Au, 8.2
Slide 18: Percyville EPM15440 - Union Prospect Detail
Percyville EPM15440 - Union Prospect Detail (Rock & Soil Results) Es 45.4g/t Au ; 12g/t Ag 47.0.4git Au, 63.3g/t Ag, 2.31% Cu - Pee. eee 2.6g/t Au 2igit Ag . \ 11.8g/t Au, 168git Ag, 1.39% pups 243g/t Au 234g It Ag A 42.3q/t Au 154q/t Ag ee 65. big URIOTr 4 a senas pth cu 26.8 ghtAg : Ain 4 toe : Wa
Slide 19: For personal use only
For personal use only 25m NS linespacing 30m height 19
Slide 20: Union Project Uranium
Union Project Uranium 790000 E 791000 E 792000 E 793000 E 794000 E 7898500 N “| 7898500 N | 40.0 7897500 N “| 7897500 N eae 4 27.0 7896500 N “| 7396500 N 205 “| 14.0 7895500 N “| 7895500 N s 1.0 Cj 790000 E 791000 E 792000 E 793000 E 794000 E a
Slide 21: Primary quartz-chlorite-sulphide ore from the Union Prospect
For personal use only Primary quartz-chlorite-sulphide ore from the Union Prospect 21
Slide 22: Percyville EPM15440 - Spring Valley Prospect
Percyville EPM15440 - Spring Valley Prospect (Rock Chip Results & Helimagnetics) Z4gh Au 23:8 gihAd\ "= 9.7 git Au bg ag 2890 AG ¥i.238'gitAg 3 \ 24.7 gitAu ASK Cu on Shee 98% CUS >) 433g AL 4.7% Pb! a es 237 gf Au : ya <gef 81.2 git Ag f fo 90.1g/t Au , Ze arson au” ¢3.8gn Ag oF il ~ 28% Cu o .. ey
Slide 23: For personal use only
Z4git Au. 23.8 gitAd’\')” 2 9.7 git Au eset ng 22th wh238 git Ag He 04 247 at Au 4.5% Cu 2.9% GU a GE CHL 3 ‘i , ABA GIEAL.” sits ; oe chaged’ 237 g/t Au 4.7% Pb Cy eee ; 6 bal gu 81.2 git Ag e a> |) AYO ~ 2.8% Cu 20 gftAu | a Ae ho Ge wy f 2.3git Au, 6.6 git Au, 8.4 git Ag _-- 49.8g/t Ag 2,6g/t Au,
Slide 24: Spring Valley Project Uranium Channel
SpringValley Project Uranium Channel 7893000 N 7893000 N
Slide 25: (Nov. 2008)
For personal use only 25 (Nov. 2008)
Slide 26: The Return EPM15547 - Rock Chip Results (Gold)
The Return EPM15547 - Rock Chip Results (Gold) “AZ 7 5qit- AT PBS ye 1115 cobected by PN] > Tor (neta) r ~ 10g-1oz (n=30) . " ae = - 20,9g/t 1o-109 0 (n=a7) . , ” <19 (naa) 1G * Deel t «% Diy ha cu below detection (nil) : prea” sae = Vee values per tonne Au iS aug rc ; = 7 ~ . ee a id ’ A5git, erase
Slide 27: 80% of surface samples returned economic gold grades
For personal use only 80% of the 115 surface samples that have been collected by PepinNini for assays on this tenement have returned economic grades of gold with 15% returning more than 1oz/t 27
Slide 28: Forsayth Uranium Channel
7939500 N 7938500 N 7937300 N 7936500 N Forsayth Uranium Channel 773000 E 774000 E 775000 E 776000 E 777000 E 778000 E 779000 E 780000 E T T T T T T T T T T T T T H+ + + + + teen t + + + + + + 4 H+ + + # + + + + + + + + + | 7939500 -- eo «.. H+ + + + + + + + + + + + + 4 . > - zor = “3 ai 6. ee + + +
Slide 29: Queensland Project Summary
Queensland Project Summary For personal use only O 100% interest in 24 tenements covering 2,773 sq kms O Confirmed high grade gold, copper, uranium, phosphate and potash potential O Priority high grade shallow gold targets ready to drill 29
Slide 30: Disclaimer: Thank You
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