Energy Metals Ltd · ASX:EME
Energy Metals — Explorers Conference, Fremantle (February 2009)
22 slides from Energy Metals's conference presentation, Feb 18, 2009
Slide 1: For personal use only
For personal use only
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: Compliance Statement
For personal use only Compliance Statement The information in this presentation is based on information compiled by Mr Lindsay Dudfield, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Dudfield is a consultant employed by Energy Metals and has sufficient experience which i
Slide 4: The Current Status of Nuclear Power
The Current Status of Nuclear Power = © @ iD = = e) ) — @) o) — © UL ( \ nergy Metals Limited.
Slide 5: Supply/Demand: and the outlook for uranium
Supply/Demand ...and the outlook for uranium 800 600 If the world chooses | — = Nuclear Power 2 Zam = 3 \ ms 400 Other Secondary fo) Uranium Supply =. World x2) =) eS ee Nuclear | > : Association 200 —— | [-<} So N ~ i=) o N N (Ener. gy Metals Sources: BHPBilliton/IAEA PRIS/WNA/Deloitte 2007, 2008 m
Slide 6: Capital Structure
Capital Structure For personal use only Shares on Issue 117.1m Options on Issue 4.2m Shareholders 1,040 Cash (31 Dec 2008) $ 5.7m Jindalee Resources 46.8m shares 40.0% Mark Scott 18.8m shares 16.1% Denison Mines 9.5m shares 8.1%
Slide 7: Energy Metals U3O8 Spot Price vs Share Price
Spot Price US$Ib U30g Energy Metals (EME) U;O; Spot Price vs Share Price EME Share Price —s Uranium Spot Price === Long Term Spot Price saa 140 3.00 @ 120 2.50 5 2 a 100 2.00 'g £ 80 1.50 Wi 2 3 60 1.00 2 > e 40 0.50 & : < “ ' wi 20 0.0 Tea aot yaks: AUSSI aml yel Salles ANE Ss Ie Sposa eee OS Noes
Slide 8: Board & Management
Board & Management | Oscar Aamodt Trish Farr Geoff Jones Lindsay Dudfield Nick Burn
Slide 9: Uranium projects map
Uranium , Jabiluka Swine Bean * oe Ranger on ( PAN eo f = 'e NORTHERN TERRITORY ‘Westmoreland ) 4g ‘eValhalla \ sKintyree y) ¥ ve /ESTERN AUSTRALI | @ Angela QUEENSLAND ae i Pataca keside US Yeelirrie SOUTH AUSTRALIA Lakeside = Mopoke Well | ee ; Seta eg - “anketell -~ 1 Mulga Rock lympic Dam °® Bev
Slide 10: Ngalia Basin Deposits and Prospects
Ngalia Basin Deposits and Prospects Prospective A stratigraphy Lake Lewis Granted tenement | Tenement application @ EME uranium deposit/prospect © Uranium prospect (excised) 132°00" (=nergy Metals
Slide 11: Bigrlyi Project Mineralised Horizon and Anomalies
Bigrlyi Project Mineralised Horizon and Anomalies | | | 705 000mE 710 000mE 715 000mE 7545 000mN — Airstrip Nicker Beds SSS SS \ Quartzite — —_ es es Southwark Granite eae Bigrlyi JV (EME 53.7%) amp zy UM ~ a? “nN nL | 3 — ™N ‘ =| ~~ $5 7540.000mN = Mount Eclipse Sandstone ®= Mineralised Horizon @ U
Slide 12: For personal use only
For personal use only
Slide 13: Bigrlyi - March 2008 Resource
Bigrlyi - March 2008 Resource (0.5kg/t cut off) For personal use only JORC Mt U3O8 V2O5 U3O8 V2O5 status kg/t kg/t t t Ind. 2.33 1.7 2.4 4,053 5,660 Inf. 5.23 1.3 2.7 6,537 14,149 TOTAL 7.56 1.4 2.6 10,555 19,780 (23.4Mlbs) (43.7Mlbs) Tonnes are metric (2204.62 pounds), figures may not total due to
Slide 14: Bigrlyi Project JORC Compliant Resources
Bigrlyi Project JORC Compliant Resources 500ppm cut-off 50MIbs 40MIbs 7 t Resource ae <==, Saal, I I T I es - Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec 05 05 06 06 06 O06 O07 O7 O07 O7 O08 O08 08 O08 EME (Snergy Metals Listing
Slide 15: Schematic Uranium/Vanadium Flowsheet
Schematic Uranium/Vanadium Flowsheet _ sicriy uRANIUM PROJECT OPEN PITS RADIOMETRIC ROM GRADE SORTER STOCKPILES PRIMARY bo ane CRUSHER SCREEN BALL MILL RADIOMETRIC SECONDARY ANALYSER CRUSHER THICKENER Extractant H202 LEACH TANKS FILTER FILTRATE CLARIFIER URANIUM Diluent SOLVENT URANIUM URANIUM EXTRA
Slide 16: Bigrlyi Updated Scoping Study
Bigrlyi Updated Scoping Study* For personal use only (March 2008 resource) 0.5 Mtpa plant, acid leach & SX 12 Year Mine Life (improved plant utilisation) Production: 16.2Mlbs U3O8 + 14.5Mlbs V2O5 Project Capital: $70M *U3O8 @ $US75/lb; V2O5 @ $US4/lb; A$1.00= $US0.75; 5% Royalty
Slide 17: Bigrlyi JV
| (=nergy Metals Limited Bigrlyi JV For personal use o = (=nergy Metals
Slide 18: Bigrlyi Camp
For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 19: Bigrlyi – 2008 Intercepts
Bigrlyi – 2008 Intercepts For personal use only 5m @ 0.48% U3O8 + 0.48% V2O5 (from 80m) 6m @ 0.26% U3O8 + 0.79% V2O5 (from 37m) 4m @ 0.44% U3O8 + 1.22% V2O5 (from 114m) 7m @ 0.30% U3O8 + 0.45% V2O5 (from 104m) 5m @ 0.38% U3O8 + 0.09% V2O5 (from 154m) 9m @ 0.27% U3O8 + 0.56% V2O5 (from 243m)
Slide 20: Watch out for
Watch out for: For personal use only Increased resources at Bigrlyi Results from Ngalia Basin & WA Bigrlyi Feasibility (mid 2009) Production to commence 2012 Increasing investor/corporate interest
Slide 21: Bigrlyi resources increased by 64% since March 2007
For personal use only “Energy Metals’ Bigrlyi uranium project in the Northern Territory is one of the best deposits not controlled by a major company.” Rick Crabb Chairman - Paladin Resources (AFR 24 /03/07) Uranium resources at Bigrlyi have increased by 64% since March 2007 (now 23.4Mlbs), with ano
Slide 22: Thank you
(nergy Metals LUmited THAR. you www.energymetals.net (i Say)
Energy Metals — Explorers Conference, Fremantle (February 2009) on 6ix