Star Minerals Ltd. · ASX:SMS
Star Minerals — Investor Presentation (November 2024)
14 slides from Star Minerals's investor presentation, November 2024
Slide 1: Namibian Cobra Uranium Project
STAR MINERALS NAMIBIAN COBRA URANIUM PROJECT November 2024
Slide 2: Disclaimer and Important Information
DISCLAIMER Disclaimer and Important information This presentation has been prepared by Star Minerals Limited ABN 53 648 048 631 (Company or Star Minerals) (ASX code: SMS) for general information purposes only. The presentation does not constitute a prospectus or equivalent document nor does it const
Slide 3: Corporate Overview
CORPORATE OVERVIEW Share Price Chart (ASX: SMS) Source: Star Minerals Limited (ASX: SMS) https://www.asx.com.au/markets/company/sms Capital Structure: SHARES ON ISSUE MARKET CAPITALISATION Top 5 Shareholders own ASX: SMS ~95m ~$4.5m 40% Top 20 Shareholders own 71% Company data as at 5 November 2024
Slide 4: Corporate Leadership Team
CORPORATE LEADERSHIP TEAM IAN STUART ASHLEY JONES GEMMA LEE Non-executive Chairman Non-executive Director Non-executive Director Mr Stuart is a geologist with experience in the finance Mr Jones is a geologist with over 20 years of diverse Ms Gemma Lee is a geologist with 20 years of and mining indus
Slide 5: Company Overview & Strategic Vision
COMPANY OVERVIEW & STRATEGIC VISION STRATEGIC FOCUS URANIUM ACQUISITIONS IN NAMIBIA PROVEN TRACK RECORD GOLD RESOURCE POISED FOR PRODUCTION STRATEGIC FOCUS: Concentrating on the exploration and development of key uranium and gold assets URANIUM ACQUISITIONS: Recent earn-in option to add a significan
Slide 6: Uranium Supply Constraints
URANIUM SUPPLY CONSTRAINTS ADDRESSING THE GLOBAL URANIUM SHORTAGE 1 LONG-TERM DEMAND SURGE 2 IMPACT OF SMALL MODULAR REACTORS (SMRS) 3 GEOPOLITICAL RISKS 4 GLOBAL NUCLEAR COMMITMENTS 5 UTILITY PROCUREMENT CYCLES 6 URANIUM’S ROLE IN NET ZERO LONG-TERM DEMAND SURGE: The global supply of uranium is cur
Slide 7: Uranium Supply & Demand
URANIUM SUPPLY & DEMAND WHY URANIUM • Net Zero • Increase in electrical demand from data centres and AI worldwide 4 Cantor Fitzgerald, Uranium Macro update August 2024
Slide 8: Cobra Project Location
COBRA PROJECT LOCATION Namibia • 3rd biggest Uranium producing Country • 11% of World production in 2022 • Fraser Institute rating 6th • Close to infrastructure The project spans a substantial 297km² tenement, characterised by highly prospective geology, offering significant potential for expansion
Slide 9: Cobra Project: Foreign Estimate of Mineralisation
COBRA PROJECT: FOREIGN ESTIMATE OF MINERALISATION Estimate of quantity and grade of mineralisation of 15.6Mt at 260ppm U3O8 for 9Mlb U3O83 Cautionary Statement: The estimates of the Best drill intercepts which define the estimate are: quantity and grade of mineralisation for the Cobra Project referr
Slide 10: Cobra Project Tenement Location
COBRA PROJECT TENEMENT LOCATION Project Area 1 and Area 3 adjacent to the Rossing Uranium Mine Strike extent of 2800m past last drill holes shown by radiometric surveys6 Madison have approval to drill 6 RC holes north of Area 3 6 Plan to twin drill holes in the estimate area to progress in the JORC
Slide 11: News Flow
NEWS FLOW ⚬ Satisfy the Conditions Precedent and raise $2 million5 ⚬ Drill the approved 6 holes –Area 3 North targets ⚬ Release Uranium Results – North targets ⚬ Define ‘Exploration Target’ North of Area 3 ⚬ Approvals for infill drilling ⚬ Twinning holes, infill selected drill lines ⚬ Infill drill r
Slide 12: Tumblegum South Gold
TUMBLEGUM SOUTH GOLD • Scoping Study Complete 2 • Toll Treatment Options • Outright Sale Potential • Potential to add non-dilutionary funding to uranium exploration UPDATED SCOPING STUDY 2 At gold prices from, AUD$ 3,000 to AUD$ 3,800/oz the updated Production Target generates an undiscounted accumu
Slide 13: Australia
Australia 191B Carr Place Leederville, WA 6007 Telephone: +61 8 9226 1860 Web: www.starminerals.com.au
Slide 14: Presentation References
PRESENTATION REFERENCES 1: World Nuclear Association Uranium in Namibia County Profiles 14 November 2023 https://www.fraserinstitute.org/sites/default/files/annual-survey-of-mining companies-2022.pdf 2:Reference: Star Minerals Limited (ASX: SMS) dated 20 May 2024 titled: ‘Positive Updated Scoping St
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