Mindax Limited · ASX:MDX

Mindax — Shareholder Meeting (November 2005)

26 slides from Mindax's shareholder meeting presentation, Nov 11, 2005

  1. Slide 1: Mindax Limited Annual General Meeting

    MINDAX LIMITED Annual General Meeting 11 November 2005

  2. Slide 2: Mindax Projects

    MINDAX LIMITED Mindax Projects PROJECT LOCATIONS a MEEKATHARRA NORTH Meekatharra gp Viluna MAYNARD NORTH Sandstone = lat Magnet s og Leinster - MAYNARD HILLS QpLAKE NOONDIE BULGA DOWNS Geraliton o . MT ALEXANDER PANHANDLE € 200 Km Indian Ocean Southern Cross = Leonora, = @ Menzies we Kalgoortie

  3. Slide 3: Sandstone Projects

    MINDAX LIMITED Sandstone Projects =\ Eunice LAKE NOONDIE PROJECT \ | BULGA DOWNS \ \ PROJECT WA / Toucan \ MINDAX PROJECTS Pan say il o\ ef "ges radise Bore SANDSTONE, WA / S P iy

  4. Slide 4: Troy's Lord Henry Pit

    Troy’s Lord Henry Pit 430.00 RL Soil and hardpan Granodiorit afics > g/t Au envelope Drill hole with intercept and grade in g/t Au Significant drill intercept >1g/t Au

  5. Slide 5: Maynard Hills Project

    MINDAX LIMITED Maynard ‘EL . ; Noe alk aug 7 ie H | | | ) P rOj ect Coomb Boré \\ \ \ Lord Nelson * \ren Mile \ Lord Henry \a\ Noondie U oe VEN 0 15 creasy? on os MAYNARD HILLS AND \ MAYNARD NORTH PROJECTS

  6. Slide 6: Maynard Hills Geochemistry

    on Maynard Hills Geochemistry BLEG Gold Values for catchments > 2.5ppb 1 to 2.5ppb 0.5 tp Ippb —— 0.25 to 0.5ppb re 0.25 to 0.1ppb Area of Soil Sampling —— Area of Anomalism >Sppb C) 10 o 10 ———— j kilometres kilometres

  7. Slide 7: Creasy Prospect

    M MINDAX LIMITED Creasy 1 Prospect %

  8. Slide 8: Maynard Hills Geophysics

    os 5 : Sed. i <== Maynard Hills S : +f Geophysics E57/555 EST/S56 @ ES7/552 ES7/551

  9. Slide 9: Ten Mile Prospect

    Ten Mile Prospect

  10. Slide 10: Maynard Hills Targets

    MINDAX LIMITED Maynard Hills Targets Lord Nelson ~ Lord Henry ie) 15 30 Km MAYNARD HILLS AND K MAYNARD NORTH PROJECTS

  11. Slide 11: Bulga Downs Project

    Bulga Downs Project |BULGA DOWNS \ | PROJECT

  12. Slide 12: Paradise Bore Long Section

    MINDAX LIMITED Paradise Bore Long Section 8m @ 14.9991 sev le at wos EDS wn} Wow i NoMa SON Tot meters

  13. Slide 13: Toucan Long Section

    MINDAX Lal esas §=|oucan Long Section Be ectroaees arrigere Ps mi east) OS © 1m @ 3.5git b 3m @6.17GR 1m @ 3.01git © 1m @ 4.159! @ 5m @ 2.05git © 4m @1.29g/ im @ 5.95git pp @.5.85 1m @ th tat 9 im @ 7.7égit © tm @ 4.199/t ’ 2 b Sm @ 1.88 gn boa gr @ 21.20" 480mRL Am @ 2.38gft b 3m @ 298g! b 6m @ 2.2

  14. Slide 14: Macaw Long Section

    MINDAX LIMITED Ove Chine > tg Ae 600mRL 500mRL im @ 3.07g/t 50 metres im @ 3.14g/t 5m @ 2.14g/t 12m @ 2.34g/t 2m @ 3.78q/t &m @ 3.53g/t 2m @ 4.68g/t 2m @ 2.75g/t im @ 9.44g/t

  15. Slide 15: Paradise Well Prospect

    Paradise Well Prospect

  16. Slide 16: Lake Noondie Project

    a Lake Noondie Project © LAKE NOONDIE > PROJECT. # U=195ppb /\U=120ppb

  17. Slide 17: Noondie Prospects

    a a NDIEWU/THRATIONMAGES « ~ = 7

  18. Slide 18: Uranium Economics

    Uranium Economics • rising prices • demand driven • Australia dominates the global reserve position (~28%)

  19. Slide 19: Australian Uranium Deposits

    Australian Uranium Deposits Deposit Mtonn % Tonnes Country Provin Host Type es U3O8 U ce metamorphics,u Jabiluka 2 19.50 0.46 0.09 Australia NT nconformity hydrothermal metamorphics,u Ranger 3 18.50 0.31 0.06 Australia NT nconformity hydrothermal Ben Lomond 2.95 0.23 0.01 Australia QLD volcanic hydr

  20. Slide 20: Uranium Exploration Criteria

    Uranium Exploration Criteria • Geochemical thresholds vary with material • Rocks average 2-4 ppmU • Soils are anomalous at 1 ppm • Water thresholds are 25-50 ppb • Surface samples at Noondie range from 8 to 52 ppm U

  21. Slide 21: Meekatharra North Project

    nao Meekatharra North Project 7.100000 mN. 600000 mE 650000 mE MEEKATHARRA NORTH PROJECT | od hteskdtnara 2.4 Moz|] @ & & Bluebird 2.9 Moz 7050000 mN LEGEND | Granitoid Greenstone _— Faults and shears Trend line 7000000 mN “Big Bell VY 13.9 Moz \ Gold Deposit Cuddingwarra (> 0.5 Moz Au) 0.7 Moz Cue

  22. Slide 22: Meekatharra North Prospects

    Meekatharra North Prospects

  23. Slide 23: Tenement Statistics

    Tenement Statistics Project 2004 Km2 2004 $ Committed 2005 Km2 2005 $ Committed Bulga Downs 314 127,800 322 161,100 Maynard Hills 735 218,700 735 218,700 Maynard North 422 Noondie 281 Panhandle 102 30,600 51 25,300 Mt Alexander 36 20,000 36 20,000 Meekatharra North 202 nil 202 63,000 Totals 1,389 39

  24. Slide 24: Exploration Statistics

    Exploration Statistics Bulga Downs Maynard Hills Panhandle Mt Alexander Total Surface Samples 2,095 1,044 17 3,156 RABDrilling (m) 7,263 98 7,361 RC Drilling (m) 918 1,852 959 3,729 Airborne Geophysics (line km) 4,011 18,324 1,281 23,616 • 11,000m of drilling, expected to increase in 2005-06 • Airbo

  25. Slide 25: Operating Expenditures

    Operating Expenditures Nov 03 to Jun 04 % Jul 04 to Jun 05 % Jul 05 to Sep 05 % Total % Exploration Direct in ground 116,000 35% 937,000 52% 312,000 55% 1,365,000 50% Tenement acquisition 149,000 45% 320,000 18% 0 469,000 17% Other capital Plant, vehicles and equipment 0 55,000 140,000 195,000 Non e

  26. Slide 26: Forward Program

    Forward Program nov dec jan feb mar apr Stream geochemistry Soil geochemistry Geophysics RAB drilling Aircore drilling RC drilling Bulga Downs Maynard Hills Maynard North Meekatharra North Mt Alexander Panhandle Noondie

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