Slide 1: Uranium, Lithium and Copper for a Clean Energy Future
For personal use only ASX:EEL Uranium, Lithium and Copper for a Clean Energy Future Investor Presentation October 2024 ASX:EEL
Slide 2: Legal Information
Legal Information Summary Information This presentation (“Presentation”) has been prepared and authorised for release by the Board of ENRG Elements Limited (“ENRG” or the “Company”). This Presentation provides a summary on ENRG, its subsidiaries and its Niger, Canada and For personal use only Botswa
Slide 3: Uranium, Lithium & Copper: Critical Components for a Green Future
Uranium, Lamont Lake Uranium project - Canada • 4 Exploration Permits located 90km Lithium & from Beaverlodge deposits For personal use only • Historical shallow mineralisation up to 0.5% U3O8 (2) Copper Agadez Uranium Project - Niger • Shallow Inferred Mineral Critical Components Resource of 31.1Mt
Slide 4: Positioned for Significant Growth in Clean Energy Elements
Positioned for Significant Growth In Clean Energy Elements For personal use only Focus on Critical Strong Leadership Highly Prospective Inferred Mineral Focused Exploration Minerals Team Uranium Tenements Resource Already and Asset in Niger and Canada Doubled in Niger Management Diversified asset ba
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Board and Management ASX Code ASX: EEL James Eggins Non-Executive Chairman Share Price(1) $0.003 Caroline Keats Managing Director Shares on Issue(2) 1.045b Market Capitalisation(1) Quinton de Klerk Non-Executive Director $3.14m Cash(3) $1.5m
Slide 6: Agadez Project - Niger
Agadez Project - Niger Underexplored Tenements in the Heart Orano Group For personal use only Somair (U3O8) of Niger’s Uranium Region Reserves (P&P) 95Mlb (0.14% grade) Resources (I&I) 134Mlb (0.15% grade)(4) Project overview • 100% of 3 exploration permits (726km2), located within the uranium rich
Slide 7: Niger – Fueling Global Uranium Supply
Niger – Fueling Global Uranium Supply An established relationship with government in an important For personal use only mining jurisdiction A backdrop for successful mining: • Agadez uranium permits recently renewed for 3 years, reflecting continued Government support of the Project and ENRG. • Over
Slide 8: 2022 Drill program results
2022 Drill program results Results highlight high-grade, shallow mineralisation For personal use only • Exploration program completed during 2022 at the Takardeit Deposit comprising of mud rotary & diamond core drilling, in conjunction with a surface sampling program. • The ~5,500m drilling program
Slide 9: Takardeit – 2022 Drilling Program
Takardeit – 2022 Drilling Program For personal use only (ENRG) Target 1 (shallow drilling) Target 2 (deep drilling) Takardeit Drill Program Locations and Total Grade-Thickness Takardeit Drill Program Target Stratigraphy Notes: Refer to ASX Announcement on 1 September 2022 ASX:EEL 9
Slide 10: 2022 Exploration Program
2022 Exploration Program Rock chip sampling program results For personal use only • The rock chip sampling program focused on several areas identified by airborne radiometric geophysical surveys and historic sampling. • Assay results from rock chip sampling program at Agadez returned outstanding res
Slide 11: Agadez Exploration Target Identified
Agadez Exploration Target Identified Significant exploration target identified For personal use only Exploration Target • An exploration target has been defined, based on a comprehensive review and reinterpretation of the available data including regional drilling, airborne geophysics, regional geol
Slide 12: Niger – Agadez Project trenching results
Niger – Agadez Project Positive results from recent ground survey and trenching For personal use only demonstrate higher-grade mineralisation continuity Successful trenching program validates the current geological model of the Agadez Project • Initial trenching results announced Q2 CY2024 over Taka
Slide 13: Planned Exploration Work
Planned Exploration Work Next Steps For personal use only • Primary objectives of the exploration program: To test the exploration target. To extend the Takardeit Mineral Resource. To identify new areas of mineralization across the permit areas. • Drilling program has been developed for the ne
Slide 14: Agadez – Underexplored project in world class uranium basin
Agadez – Underexplored project in world class uranium basin For personal use only 100% owned tenements close to producing and developing mines U308 Landholding across three MRE doubled to 21.5Mlb of Exploration target of >34% U3O8 highest assay Located in the Tim tenements (726km2), U3O8 at 315ppm U
Slide 15: Lamont Lake – Saskatchewan, Canada
Lamont Lake – Saskatchewan, Canada Located in a world-class mining jurisdiction with For personal use only significant upside potential Project overview: • 100% of four mineral claims covering 22km2.(1) • Project is located in North Saskatchewan, Canada - 85km northwest of Uranium City and immediate
Slide 16: Lithium Projects – Canada and Niger
Lithium Projects – Canada and Niger Exploration Permits in Favourable Geological Setting For personal use only Canada • 3 Exploration Permits and 1 Exploration Permit application in eastern and northern Manitoba, covering a total area of ~500km2. • Historical drilling and exploration evidence of peg
Slide 17: Botswana – Copper Projects
Botswana – Copper Projects Kalahari Copper Belt, Botswana For personal use only • Located in the emerging world-class Kalahari Copper Belt of Botswana, one of the most prospective copper belts in the world, which hosts Sandfire Resources' Motheo Copper Mine and Khoemacau Copper Mining’s Zone 5 under
Slide 18: Leadership Team
Leadership Team Successful track record across uranium and base metals For personal use only James Eggins Caroline Keats Quinton de Klerk Non-Executive Chairman - Managing Director / CEO - Non-Executive Director - BA, LLB (Hons) BBus, LLB (Hons) NHD, FAusIMM • A seasoned corporate executive with ove
Slide 19: Key Business Risks
Key Business Risks The ENRG group of companies (“Group”) are subject to various risk factors. Some of these are specific to its business activities while others are of a more general nature. Individually, or in combination, these risk factors may affect the future operating and financial For persona
Slide 20: Key Business Risks Cont.
Key Business Risks Cont. LOSS OF KEY MANAGEMENT PERSONNEL MINERAL RESOURCES For personal use only The resources sector is currently highly competitive with significant cost escalation and wage The Mineral Resources for the Group’s projects are estimates only and no assurance can be growth. The loss
Slide 21: Contact Us
For personal use only ASX:EEL ASX:EEL Contact Us Suite 10, 44 Kings Park Rd info@enrg-elements.com West Perth, WA 6005 www.enrg-elements.com +61 8 6263 4451 21
Slide 22: Appendix
For personal use only APPENDIX ASX:EEL
Slide 23: Agadez Exploration Target
Agadez Exploration Target (1) Qualifying Statement for the Exploration Target For personal use only The potential quantity and grade of the exploration target is conceptual in nature. There has been insufficient exploration to estimate Mineral Resources on the prospects located on the tenements (out
Slide 24: Agadez – 2011 Paladin Exploration Data
Agadez – 2011 Paladin Exploration Data Data Shows Significant Potential For personal use only Highly Prospective Regional Package • The Company reviewed previously un-announced historical exploration information for Agadez from Paladin and confirmed the Agadez Project as prospective for uranium.(1)
Slide 25: Improved Understanding on Regional Geology
Improved Understanding on Regional Geology For personal use only Idealized geological SW- NE section across Takardeit deposit area.(1) Notes: (1) Refer to ASX Announcement on 7 April 2022 and 1 September 2022 ASX:EEL 25
Slide 26: Uranium Demand
Uranium Demand Uranium is a key component for the global transition to For personal use only clean energy Uranium Market Fundamentals(1) Uranium Supply Deficit(1) Global electrification • The World Nuclear Association predicts a ~40% increase in uranium demand and ~20% Government policies to reach n
Slide 27: Is This the Start of the Next Uranium Bull Market?
Is This the Start of the Next Uranium Bull Market? For personal use only U3O8 Price Chart 200 Bull Market 1 Bull Market 2 Jan. '73 to May '78 Dec. '00 to June '07 Bull Market 3? +629% | 5.3 yrs +1,801% | 6.5 yrs 150 2003-2007: U3O8 Price/Pound USD 2023: Commodity COP28 – Pledge Super Cycle to Triple