Adavale Resources Limited · ASX:ADD
Adavale Resources — Merger or Acquisition (March 2024)
14 slides from Adavale Resources's merger presentation, Mar 26, 2024
Slide 1: Strategic SA Uranium Licence Acquisition
Strategic SA Uranium Licence Acquisition Mundowdna South East and MacDonnell Creek – EL 6553 MARCH 2024 ASX:ADD
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Adavale Resources Ltd (ASX:ADD).This presentation contains background information about ADD current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not purport be
Slide 3: Strategic Acquisition of South Australian Uranium Licence
Strategic Acquisition of South Australian Uranium Licence Adavale Resources Limited (“ADD” or the Company) to acquire 100% interest in EL6553, an Exploration Binding Agreement Licence in South Australia that is prospective for Uranium. The vendor of EL6553 is Kilonova Metals Pty Ltd (“Kilonova”), a
Slide 4: Uranium Price – Shaw and Partners forecasting US$150/lb
Uranium Price – Shaw and Partners forecasting US$150/lb 120 Uranium price has 100 strengthened over 100% since early-2023 80 U3O8 Price (US$/lb) 60 40 20 0 23-Jan-20 23-Jul-20 23-Jan-21 23-Jul-21 23-Jan-22 23-Jul-22 23-Jan-23 23-Jul-23 23-Jan-24 ASX | ADD adavaleresources.com 4
Slide 5: The Lost Decade - Uranium Supply and Demand
The Lost Decade - Exploration and Development 520 New reactors driving demand Persistent supply gap ➢ New reactors, particularly growth in China, Upper Scenario for Uranium Supply and Demand (Mlbs U3O8) 455 emerging due to lack of driving demand surge development-ready projects ➢ Emerging Small Modu
Slide 6: South Australian Uranium Project Portfolio being Consolidated
South Australian Uranium Project Portfolio being Consolidated Significant prospective licence package – Uranium in the paleochannel system Located in South Australia - 550km north of Adelaide and 75km east of Marree Proven uranium province hosting multiple mines and deposits - 90km from Beverly Four
Slide 7: “No Vacancies” - Regional Prospective Uranium Geology
“No Vacancies” - Regional Prospective Uranium Geology Tri-Star Group ➢ Majority of tenure in northern Flinders Ranges prospective for Uranium has already been Orpheus secured ➢ Major ground holdings are dominated by large private/public unlisted companies (Heathgate/Tri Star). LAKE SURPRISE ➢ Adaval
Slide 8: Strategic Acquisition – EL 6553
Strategic Acquisition – EL 6553 ➢ Acquisition of EL6553 covering 456km2 is strategically located and proximal to the Company’s Mundowdna South and Lake Surprise Uranium Projects. ➢ Previous exploration activities identified several pathfinder and anomalous uranium target areas including uranium inte
Slide 9: EL 6553 – George Creek and MacDonnell Creek Prospects
EL 6553 – George Creek and MacDonnell Creek Prospects George Creek and MacDonnell Creek prospects identified by Cauldron (within the MacDonnell Creek drilling by Cauldron up to 2011 (Source: CXU 2011 Annual Report) new MacDonnell Creek tenure) (Source: CXU 2011 Annual Report) ASX | ADD adavaleresour
Slide 10: Mundowdna Uranium Target Areas
Mundowdna Uranium Target Areas Sentinel 2 satellite imagery interpretation highlights paleochannels Sentinel 2 satellite imagery analysed and compared with Gravity and Tempest EM anomalies Analysis highlights palaeochannels forming fan from northern Ikara -Flinders Ranges All major uranium deposits
Slide 11: Roll Front Uranium Geology - Schematic Model – being updated
Roll Front Uranium Geology - Schematic Model – being updated EXPLORATION FOCUS AREA Derived from: https://fasttimesonline.co/using-nmr-to-characterize-aquifer-properties-in-in-situ-mining-an-australian-uranium-case-study/ ASX | ADD adavaleresources.com
Slide 12: In-Situ Recovery (ISR) Process – Example only
In-Situ Recovery (ISR) Process – Example only Schematic ISR Process Set up - Example from Beverley, located 80km to the southeast ➢ ISR is a process whereby fluids are injected into the ore zone via wells, the uranium is dissolved, and then the fluid is pumped to the surface for recovery and packagi
Slide 13: Next Steps
Next Steps • Completion of data review on EL 6553 • Confirmation of targets areas on EL6553 followed by preparation of an exploration program • Commencement of Exploration program on Mundowdna Uranium Project (April) Terraleach geochemistry Surface technique for identifying geology and reduced envir
Slide 14: Contacts
Contacts David Riekie Executive Director david@adavaleresources.com For media and broker enquiries Andrew Rowell White Noise Communications andrew@whitenoisecomms.com investor@adavaleresources.com M: 0400 466 226 www.adavaleresources.com investor@adavaleresources.com Adavale Resources Limited @Adava
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