Marmota Limited · ASX:MEU
Marmota — Marmota Energy — SA Explorers' Conference 2007
29 slides from Marmota's conference presentation, Nov 29, 2007
Slide 1: For personal use only
For personal use only
Slide 2: Forward Looking Statements
For personal use only Forward Looking Statements “These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, an
Slide 3: Summary of Initial Public Offer
Summary of Initial Public Offer For personal use only • Issue of 60,000,000 Ordinary New Shares at an Offer Price of AUD$0.25 per New Share to raise AUD$15,000,000 • One free attaching option for every three shares • Minimum 30,000,000 shares ($7.5 million) • Maximum 60,000,000 shares ($15 million)
Slide 4: Capital Structure
Capital Structure For personal use only % Issued Shares Options Capital Directors, promoters and seed capital 24,642,005 10,000,000 20.4% (at Prospectus Date) Vendor (Monax) 36,000,000 18,000,000 29.9% Public Subscription 60,000,000 20,000,000 49.7% (maximum) Total Issued Shares 120,642,005 48,000,0
Slide 5: Board of Directors
Board of Directors For personal use only Non-Executive Chairman Robert Kennedy Managing Director Dom Calandro Executive Director Dr Neville Alley Non-Executive Director Reg Nelson Non-Executive Director Glenn Davis
Slide 6: Marmota Energy Investment Highlights
Marmota Energy Investment Highlights For personal use only • Monax Mining Limited has achieved notable success at Punt Hill (IOCG project) • Unable to do justice to its significant tenement position • Monax divested its portfolio of prospective uranium exploration acreage into Marmota Energy • Marmo
Slide 7: Tenement Holding In South Australia
Tenement Holding In South Australia For personal use only Marmota has access to over 7,000 km2 of tenements and licence applications in South Australia. Positioning the Company at the heart of the Australian uranium mining and exploration industry. Other uranium explorers near Marmota
Slide 8: Target Styles
Target Styles For personal use only • Tertiary palaeochannel sandstone hosted rollfront uranium in the prospective Gawler Craton and Curnamona Province areas. • Sandstone hosted uranium in prospective Permian, Mesozoic and Tertiary sedimentary basins overlying or onlapping the cratons. • Unconformit
Slide 9: Australian Government Uranium Policy Shifts More Positive!
Australian Government Uranium Policy Shifts More Positive! For personal use only Pre 1970/early 80s Positive Active government-funded uranium exploration in NT 1983–1996 ‘3 mines’ to ‘no new mines’ No support for uranium mining or exploration 1996 Federal government support States negative till now
Slide 10: Uranium Exploration Total
Uranium Exploration Total For personal use only 44% of Australian Exploration Total 18% of South Australian Exploration Total
Slide 11: Types of South Australian Uranium Deposits
Types of South Australian Uranium Deposits For personal use only Breccia complex e.g. Olympic Dam-Mt Gee Marla Oodnadatta Moomba Sandstone (Palaeochannel) Coober Pedy e.g. Beverley, Honeymoon, Andamooka Warrior and Oban MT PAINTER Tarcoola OLYMPIC DAM WARRIOR BEVERLEY Oban Vein style HONEYMOON e.g.
Slide 12: Magnitude of Eucla Basin Palaeochannels
Magnitude of Eucla Basin Palaeochannels Source: Hou, B., Frakes, L.A. and Alley, N.F.(2001). For personal use only
Slide 13: Exploration Methodology
Exploration Methodology For personal use only With approximately 7,000 km2 of project tenements, airborne geophysical survey tools along with other modern low impact exploration methods will greatly assist in refining our exploration model in a timely manner. This will enable Marmota to get the rigs
Slide 14: Palaeochannel Exploration Methodology
Palaeochannel Exploration Methodology For personal use only • Undertake an intensive program of palaeochannel delineation employing a range of data available through ASTER and NOAA-AVHRR surveys • Undertake closely spaced gravity, high resolution AEM/TEM and radiometric, groundwater and depth to bas
Slide 15: Sedimentary Basin Exploration Methodology
Sedimentary Basin Exploration Methodology For personal use only • Undertake spectrometric assessment of all previous drillhole samples. • Undertake an intensive program of palaeochannel and basin sediment delineation employing a closely spaced gravity survey, and undertake AEM/TEM and radiometric an
Slide 16: Bedrock Exploration Methodology
Bedrock Exploration Methodology For personal use only • Undertake a more detailed radiometric survey of the anomalous areas • Followed up by a ground spectrometric survey across the bedrock and rock chip sampling. • Significant anomalous areas will be drill tested.
Slide 17: Immediate Program
For personal use only Immediate Program • Vigorous and focused Timing Action Tenement initial program 4Q 2007 Gravity Survey EL 3358, EL 3684 planned: 1Q 2008 High resolution AEM EL 3358, EL 3684, Surveys EL 3355, EL 3356, EL 3561, EL 3357, EL 3907, EL3908 4Q 2007/1Q 2008 Geochemical surveys EL 3358
Slide 18: Flagship Project: Ambrosia-Mulgathing
Flagship Project For personal use only AMBROSIA-MULGATHING ELs 3358 and 3684 in joint venture with Monax Mining Potential for sandstone- hosted rollfront uranium in Tertiary palaeochannels, Jurassic Algebuckina Sandstone and channelised sandstone facies in the Permian Boorthanna and Stuart Range For
Slide 19: Ambrosia infill gravity
For personal use only Ambrosia infill gravity • High resolution gravity infill over IOCGU potential targets
Slide 20: Southern Eyre Peninsula
Southern Eyre Peninsula For personal use only SOUTHERN EYRE PENINSULA ELs 3355, 3356 and 3561 in joint venture with Monax Mining Depth to basement on southern Eyre Peninsula, showing palaeochannels. Modified from Schwarz (2003) Potential for sandstone-hosted rollfront uranium in Tertiary palaeochann
Slide 21: For personal use only
For personal use only Radiometric image showing uranium anomalies (blue), highlighting palaeochannels Cross-section through palaeochannels, southern Eyre Peninsula. Modified from Schwarz (2000) K U Th
Slide 22: Exploration Program: Wynbring, Kimono Tank, Indooroopilly
Exploration Program For personal use only WYNBRING AND KIMONO TANK ELS 3359 AND 3685 AND INDOOROOPILLY EL 3775 IN JOINT VENTURE WITH MONAX MINING Potential for sandstone-hosted rollfront uranium in Tertiary palaeochannels, Jurassic Algebuckina Sandstone and channelised sandstone facies in the Permia
Slide 23: Exploration Program: Waddikee
Exploration Program For personal use only WADDIKEE EL 3357 IN JOINT VENTURE WITH MONAX MINING Potential for Tertiary palaeochannel hosted uranium, unconformity and vein style uranium in fault breccias and shear zones where reactive lithologies occur. K U Th
Slide 24: Exploration Program: Eureka Bluff
Exploration Program For personal use only EUREKA BLUFF EL 3458 IN JOINT VENTURE WITH MONAX MINING. Potential for Tertiary palaeochannel hosted uranium. K Tertiary sediments U Th
Slide 25: Exploration Program: Coonarie
Exploration Program For personal use only COONARIE (SOUTHERN YORKE PENINSULA) ELs 3907 AND 3908 IN JOINT VENTURE WITH MONAX MINING Potential for sandstone-hosted uranium in Tertiary and Permian basin sandstones and unconformity related uranium at the base of the Permian and Cambrian sediments. Terti
Slide 26: Exploration Program: Alexandrina
Exploration Program For personal use only ALEXANDRINA ELA 140/07 IN JOINT VENTURE WITH GOLD FIELDS Potential for sandstone-hosted uranium in Tertiary palaeochannel and basin sediments.
Slide 27: Exploration Program
Exploration Program For personal use only Min Min Max Max PIRSA Area Subscription Subscription Subscription Subscription minimum ELA/EL Property Name sq. km Expenditure Expenditure Expenditure Expenditure requirement $000 $000 $000 $000 $000 Year 1 Year 2 Year 1 Year 2 EL 3358, EL 3684 Ambrosia/Mulg
Slide 28: Exploration Program
Exploration Program For personal use only Min Min Max Max PIRSA Area Subscription Subscription Subscription Subscription minimum ELA/EL Property Name sq. km Expenditure Expenditure Expenditure Expenditure requirement $000 $000 $000 $000 $000 EL 3357 Waddikee 1,004 130 130 500 400 130 EL 3458 Eureka
Slide 29: Marmota Energy Limited
Marmota ENERGY LIMITED