Energy Metals Ltd · ASX:EME
Energy Metals — Australian Uranium Conference 2007
43 slides from Energy Metals's conference presentation, Jul 25, 2007
Slide 1: For personal use only
For personal use only
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: Why buy EME?
Why buy EME? B«<— | ae a Ls & aj _ ~ - = Sector. — Structure Assets ~ (Energy Metals
Slide 4: Sector
Sector (“nergy Metals Limited
Slide 5: Why buy EME? Sector
Why buy EME? Sector - underpinned by demand - the offshore factor - merger activity = Energy Metals
Slide 6: Current U Spot Price
For personal use only Current U Spot Price $130 lb
Slide 7: Uranium Price Forecasts (US$/lb)
Uranium Price Forecasts (US$/lb) For personal use only Company 2007 2008 2009 RBC 120 145 130 UBS 127* 196* 150* SBC 120 130 110 RCR 121 143 120 * FY
Slide 8: For personal use only
For personal use only
Slide 9: Why buy EME? Assets
Why buy EME? Assets - advanced assets - resource base will increase - takeover target - resources - outperform most entries = Remar Mcial
Slide 10: For personal use only
| Ranger | (= Bigrlyi/Ngalia Jabiluka Rawlinson» monger" | Valhalla Manyingee Kintyre ee : cad ws z ” Yeelirrie NORTH: VERRITOR IN 4 b = y 4 y = d VY zl A a CLR ie 3 SOU77 ~ Honeymoon AVG Pa = L| 7 TR 5 « ENERGY METALS Y Project Lake Mason ~ Major deposit Mopoke Well Olympic Dam |
Slide 11: Ngalia Project Regional Geology
Ngalia Project Regional Geology ‘woe L_] Granted tenement Tenement application @ EME Uranium prospect © Uranium prospect (excised) Undifferentiated Proterozoic — 22-008 » Bigrlyi deposit a Undifferentiated Proterozoic (=nergy Metals
Slide 12: Bigrlyi Project Regional Geology
Bigrlyi Project Regional Geology | | | 705 000mE 710 000mE 715 000mE - ‘ ; . 7545 000mN — Airstrip Nicker Beds " ——_— a == Uranium anomaly/prospects a Southwark Granite 7540 000m. — 5 mv Mineralised Horizon N Mount Eclipse Sas one ee bea _ (nergy Metals E24453 0
Slide 13: For personal use only
For personal use only
Slide 14: For personal use only
For personal use only
Slide 15: For personal use only
For personal use only
Slide 16: Conceptual Model Bigrlyi Uranium Deposit
Conceptual Model Bigrlyi Uranium Deposit followup diamond drill hole initial diamond drill hole Uranium Mineralisation
Slide 17: Initial Resource
Initial Resource For personal use only Cut off Mt U3O8 V2O5 U3O8 V2O5 kg/t kg/t kg/t Mlbs Mlbs 1.0 1.84 2.1 2.2 8.4 8.8 0.5 3.76 1.4 1.7 11.4 13.9
Slide 18: Bigrlyi Camp 2006
Bigrlyi Camp 2006 For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 19: First Drill hole - Bigrlyi October 2006
First Drill hole - Bigrlyi October 2006 For personal use only
Slide 20: For personal use only
For personal use only
Slide 21: March 2007 Resource
March 2007 Resource For personal use only Cut off Mt U3O8 V2O5 U3O8 V2O5 kg/t kg/t kg/t Mlbs Mlbs 1.0 2.44 2.1 2.0 11.0 10.9 0.5 4.53 1.4 1.6 14.3 16.3
Slide 22: March 2007 Resource - Gold Equivalent
March 2007 Resource - Gold Equivalent For personal use only Cut off Gold Grade kg/t U3O8 M oz g/t Au 1.0 2.20 28.2 0.5 2.86 19.7 *U3O8 @ $US130/lb; V2O5 @ $US6/lb; Gold @ $US680/oz
Slide 23: For personal use only
For personal use only ASX : EME
Slide 24: Why buy EME? Structure
Why buy EME? Structure - advanced targets - well funded programs - excellent management and field teams - highly leveraged to success Upside potential = Energy Metals
Slide 25: For personal use only
Oscar Aamodt Trish Farr Ross Kennedy Lindsay Dudfield Lorry Hughes
Slide 26: For personal use only
For personal use only Shares on Issue 26.8m Shares quoted (EME) 16.8m Options on Issue 12.3m Options quoted (EMEO) 10.0m Jindalee Resources - 10.0m shares 37.3% Denison Mines - 3.0m shares 11.2% Kale Capital - 2.5m shares 9.4%
Slide 27: Energy Metals Share Price A$
2 a > : a Energy Metals Share Price A$
Slide 28: For personal use only
For personal use only
Slide 29: For personal use only
For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 30: Uranium Province Comparison
Uranium Province Comparison COLORADO PLATEAU* NGALIA BASIN : Sets __ Tabular Sandstone et Tabular Sandstone Deposit Size ; a 6,500t (Bigrlyi) Age of Host Rocks Setting Total U Resources (cVelem\ ca Reclelem i \ts)) 6.5 Mkg (14.3 Mlb) +V +V = “Source: NTGS Bulletin 2141 (=nergy Metals
Slide 31: Ngalia Project Regional Geology - Area Comparison
Ngalia Project Regional Geology —_ Area Comparison a ioe L_) Granted tenement %. Tenement application Undifferentiated ‘2 Sn pp Proterozoic ranium prospec © Uranium prospect (excised) — 22°00'S I Ambrosia Lake 185 million Ibs 0 Undifferentiated Proterozoic = (=nergy Metals
Slide 32: Bigrlyi/Ngalia Radiometrics
Bigrlyi/Ngalia Radiometrics Anomaly-5 — £24453 1EMEF0096) E24807 (eme-100%) __nergy Metals
Slide 33: Bigrlyi Project Resources
Bigrlyi Project Resources ; 705 0 dome 3 “ = 710 d0omE Als 7540 000mN N 0 | 4Km @ Mineralised Horizon (Energy Metals E24453
Slide 34: For personal use only
\ “\ 1, nengy/Metals =! Limited)
Slide 35: For personal use only
Anomaly 15 100 rk -100 rl L f ® Completed Drilhole + Planned Drillhole = (=nergy Metals
Slide 36: For personal use only
Anomaly 4 10500mE -100 rk y ® Completed Drilhole + Planned Drillhole = (=nergy Metals
Slide 37: For personal use only
| 100 rb -100 rk y ® Completed Drilhole + Planned Drillhole = (=nergy Metals
Slide 38: For personal use only
Anomaly 2 100 rk -100 rk E ® Completed Drilhole + Planned Drillhole (=nergy Metals
Slide 39: For personal use only
Anomaly 3 -100 rb F ® (Completed Drilhole + Planned Drillhole (Snergy Metals
Slide 40: For personal use only
Anomaly 7 -100 rl E ® Completed Drilhole + Planned Drillhole (Snergy Metals
Slide 41: For personal use only
For personal use only
Slide 42: Market Cap comparison
Market Cap.* For personal use only ($m) Cameco ¹ CCO $C 16,326 Uranium One ¹ SXR 4,930 Denison ¹ DML 2,386 Mega Uranium MGA 906 Laramide LAM 600 BHP Billiton ¹ BHP $A 130,149 Energy Resources ¹ ERA 3,767 Paladin ¹ PDN 4,964 Energy Metals (26.9m @ $6.40) EME 172 * 24 July 2007; ¹ producer
Slide 43: Thank you
(nergy Metals LUmited THAR. you www.energymetals.net (i Say)