Slide 1: Email admin@bannermanresources,
Email admin@bannermanresources, leb www bannermanresoutces com alr
Slide 2: ASX listed company exploring advanced uranium project
ASX listed company exploring advanced uranium project Highly prospective uranium targets in Namibia Two uranium projects adjacent to the Rossing and Langer Heinrich uranium mines _ Additional uranium projects in neighbouring Botswana Great. exposure to the rising uranium market Interim Resource just
Slide 3: Directors and capital structure
Alastair Clayton Peter Batten Clive Jones Stephen Brockhurst Non-Executive Chairman Managing Director Non-executive Director Non-executive DirectoriCompany Secretary 6.67c Options 6.67 cents 31. May 2007 Directors / Vendors/ Staff Range 10 to 240 cents. Varying Vendor — Namibian Projects. 20 cents O
Slide 4: Three Uranium Provinces
ad Banas Unioium Profan: a BGO E ROG Three Uranium Provinces NAMIBIA - Goanikontes / Swakop Adjacent to.the Rossing and Langer Heinrich. uranium mines 80% Bannerman BOTSWANA .- Serule / Dukwe Adjacent to the Mokobaesi Uranium Deposit 100% Bannerman WESTERN AUSTRALIA White Ring (VU) Recently dealt ou
Slide 5: Namibia Regional Geology & Permits
Heminesphie teen. Abia omg Atlante Oran a ty Unaniem Coureme rT chee Bout EEF Pret teuseny FL eantar Besecen Urania Bescuee “Two highly prospective projects: Goanikontes & Swakop. River Licences granted (May ‘06), Environmental Clearances issued and drilling commences (Sept ’06) Goanikontes: Along s
Slide 6: Goanikontes Anomaly A
amass Goanikontes Anomaly A [rena Rayan Sane osaze| “Bie Seem Gn EA ou I = t Newly discovered untested Structure, 15km fong Reprocessed government data Normalized for geology, topography and signature mineralised Alaskite U/Th ratio - Highlights >35 kms of U anomalous. alaskite hosted stratigraphy G
Slide 7: Stylised resource target area at Anomaly A
(acan etasodiments Rossing Fee Chuos Free tan Fe EusisFm j, }\ Stylised Resource q Target Area. 7, ‘in top 80m at-Anomaly A ‘Prospective horizons clearly defined Alaskite hosted mineralisation New resource estimates 27M Ibs U,O, 20 kilometres SW of Rossing No work for. over 20 years Database of >250
Slide 8: Drilling 1976-1978 and initial resource area
~~ Dailing 1976-4978 Open Hols Percussion Barren Drilling » Wineralised Drilling (selected zones shown) O.2Sn contour Hine Mineralised envelape i =. Significant mineralized Drilling (e.g. 19 10m @ 2b0ppm Ugg) 4 ie Extensignal targeta Nabe 4 \ ais ve AA ‘ Ne sldedsinm se ee i : Val LE Initial Anomaly
Slide 9: Correlation between Gamma Ray Spectrometer Survey and Historical Log
Correlation between Gamma Ray Spectrometer j | Historic data validated: Survey and Historical Log ; : Downhole digital photo + Twinned diamond core drilling Drill hole 96-2000 ; .*. Infill RC drilling Depth Gamma K Downhole spectrometry Downhole digital photography Relogging of historic.core
Slide 10: Goanikontes Anomaly A Drill Section
Goanikontes Anomaly A Drill Section 94 (7 488 650.N) Good correlation between historic and recent drilling Alaskite hosted mineralisation shown to extend to depths >250m Better Drill intercepts (U,0,); BMN HISTORIC . 123m @ 216.eppm 62m @ 260 ppm 92m @ 335.ppm 46m @ 443 ppm 66m @ 262 ppm 50m @ 457.p
Slide 11: Resource
Resource Block Model ~ 489,60 Inferred Resource: 56Mt @ 219 ppm for: 27Mibs U,O, Resource modelled to an average depth of 80m constrained to alaskite units. Lower grade cut off of 100ppm used based upon commodity prices and industry standards. Eg 220 to so >: (Rossing: 100ppm, Forsys: 80ppm) Scoping
Slide 12: Stacked mineralised Alaskites
Stacked mineralised Alaskites 2 > (view looking south) ge c & Orebody comprises multiple stacked alaskite units Variable leaching observed near surface Better grades occur at base of the current resource model Alaskites show strong continuity below base of current resource. Base of current model lim
Slide 13: Goanikontes alaskite targets
etasodiments | rossing Fe seas “E* Type Alaskites E Hislorc rane anomaly Target Rasionetic anomaly) “D” Type Alaskites |i 4 ||| Scintillometer oe ae is GOANIKONTES | “E” Type Alaskites 1480 O00
Slide 14: Uranium oxides at surface
: a Uranium oxides at surface | r oe ie oe | ataskite~Schist contact |) BANNER HIWNG RESOURCES AAHIBIA PLY HD
Slide 15: Swakop River
SWAKOP RIVER — a . Surrounds Paladin Resources Ltd’s LANGER HEINRICH U deposit. “Extensive palaeochannel target. Uranium documented in calcretised sediments at Elspe. Extensive primary U bearing source rocks (Alaskites) in hinterland. Well defined exploration targets. Same source rocks, host rocks a
Slide 16: Langer Heinrich Channel
Langer Heinrich Channel Aircore.and RC drilling conducted in late 2006 Drilling aimed at locating and profiling palaeodrainage channels Palaeochannels yet to be delineated. Calcretised sediments encountered RESOURCES LiIWI1ED
Slide 17: Botswana: Dukwe and Serule
' —_—_ A DUKWE U Targets y| © “Carnotite exposed nae, Widespread surficial carnotite mineralisation identified by Falconbridge in the 1970s : Anomalies associated with calcrete in palaeodrainages More than 20 kms of untested palaeodrainage systems within the licences. Aerial radiometric and magnetic
Slide 18: Independent democratic African nations
Independent democratic African nations Politically stable «Windhoek Excellent infrastructure Manatee x NAMIBIA | | Established and diverse mining industries Port Elizabeth Namibian mines include; Tsumeb (base metals), Rossing (U), Skorpion (Zn) plus offshore.diamond production and new uranium develo
Slide 19: High quality projects located in major uranium provinces
High quality projects located in major Uranium proven provinces. Countries favorable to uranium production Advanced Uranium prospects large tonnage, low grade primary mineralisation. lower tonnage, high. grade secondary mineralisation Excellent location for exploration and mining Several existing la
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