Eve Health Group Limited · ASX:EVE
Eve Health — Energy Ventures — Shareholder Meeting (November 2010)
21 slides from Eve Health's shareholder meeting presentation, Nov 23, 2010
Slide 1: Annual General Meeting, 2010 Operations Report
Energy Ventures Ltd For personal use only Annual General Meeting, 2010 Operations Report
Slide 2: Disclaimer
Disclaimer For personal use only The information in this presentation is published to inform you about the activities of Energy gy Ventures Limited ((EVE)) and the activities of its subsidiaries. All reasonable effort has been made to provide accurate information but we do not warrant or represent i
Slide 3: EVE – Corporate Structure
EVE – Corporate Structure For personal use only Management Capital Structure Directors 337 865 669 Ordinary Shares 337,865,669 Ian Duncan 14,072,500 Options Alasdair Cooke Market Cap Fully Diluted ‐ A$55 million Michael Curnow Bill Fry Cash at Bank ‐ A$2.8 million (as at 22 Nov, 2010) General Manage
Slide 4: EVE – Corporate Strategy and Goals
EVE – Corporate Strategy and Goals For personal use only The company is seeking to rapidly expand its uranium resource inventory to a minimum of 50 Mlb USA focus – states with previous U mining history Project focus – opportunities with defined resources that can be permitted, acquired or joint vent
Slide 5: Uranium Projects in the USA
Uranium Projects in the USA For personal use only EVE has secured 4 quality uranium exploration and development p projects p j quicklyy and at low cost: q – Aurora Deposit, Oregon – Virgin Valley project, Nevada – Maybell project, Colorado – Skull Creek project, Colorado All projects have significan
Slide 6: Uranium Price
Uranium Price For personal use only Projects Acquired 70 Long term 65 U3O8 price Uranium Price (US$) 60 55 Due Diligence 50 45 U 40 Spot U3O8 price 35
Slide 7: Recent Sales Evidence
Recent Sales Evidence For personal use only Purchase Purchase Completion Deposit Tonnes Grade Resource Acquirer Target Price Price Date Location (US$ M) (Mt) % (M lbs U3O8) (US$/lb) 7 Apr 2010 Bayswater Uranium Corp. Strathmore Minerals Corp. Wyoming $20.00 11.5 0.06% 15.7 $1.27 13 Apr 2010 Neutron
Slide 8: USA Projects – Locations
USA Projects – Locations For personal use only
Slide 9: Aurora Deposit – Summary
Aurora Deposit – Summary For personal use only Indicated resource 18 Mlb @ 0.05% eU3O8* Near‐surface, flat‐lying mineralisation potentially amenable to open‐pit mining Advanced project – feasibility study stage Claims area substantially increased to include strike extensions Untested IP/Resistivity
Slide 10: Aurora Deposit
For personal use only Aurora Deposit
Slide 11: Aurora Deposit – Long Section
Aurora Deposit – Long Section For personal use only
Slide 12: Aurora Deposit – Planned Drilling
Aurora Deposit – Planned Drilling For personal use only Diamond drilling for: Resource grade and continuity Radiometric logging Geology and alteration Geotechnical Metallurgical samples Permitting in progress Expected to commence in November 2010
Slide 13: Virgin Valley Project – Geology
Virgin Valley Project – Geology For personal use only U hosted mainly by Virgin Valley Volcanics 10km strike length of prospective ground staked, including area drilled by Exxon Historical rock samples up to 1% U Previous gground radiometric survey identified untested anomaly to N p y Extensive cove
Slide 14: Maybell Project
Maybell Project For personal use only Known uranium province in NW Colorado Staking of 180 new claims completed in September 2010 Historical drilling indicates potential for large, near‐surface resource off low l grade d mineralisation i li ti Amenable to open pit mining and processing by heap leach
Slide 15: Maybell Project – Geology
Maybell Project – Geology For personal use only
Slide 16: Skull Creek Project
Skull Creek Project For personal use only Latest acquisition, known deposit close to Maybell project, Colorado 72 claims purchased from Uranium One Inc. >15km strike length of mineralised lignite and sandstone Historical rock chip samples average 0.08% U3O8 Samples from underground adit average 0.3%
Slide 17: Skull Creek Project – Geology
Skull Creek Project – Geology For personal use only
Slide 18: USA – A uranium giant
USA – A uranium giant For personal use only 104 operational nuclear reactors, capacity 100 GWe, ~20% of the US energy supply Largest consumer of uranium, ~55 Mlb of U3O8 pa, but 95% of demand from imported and secondary sources Renewed calls for ‘Security of Supply’; huge loan guarantee program impl
Slide 19: EVE – Share Price
EVE – Share Price For personal use only 0.2 Purchase of Skull Creek project 0.18 0 16 0.16 Agreement to purchase Aurora Staking of 0.14 U deposit Maybell project e Price ($) 0.12 0.1 Completion of Staking of Virgin Valley project AFR in‐specie Share 0.08 Aurora purchase distribution 0.06 announced 0
Slide 20: EVE – USA Project Summary
EVE – USA Project Summary For personal use only 4 key exploration projects Current 18 Mlb eU3O8 Indicated resource Potential to rapidly increase resource inventory Exploration upside through near mine and regional targets Additional advanced projects currently being reviewed Skilled management team
Slide 21: Thank-you
Thank‐you For personal use only For more information please see our website: www.energyventures.com.au t
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