Eve Health Group Limited · ASX:EVE
Eve Health — Energy Ventures — Shareholder Meeting (November 2009)
26 slides from Eve Health's shareholder meeting presentation, Nov 24, 2009
Slide 1: AGM Shareholder Presentation cover letter
ARBN 89 106 523 611 Level 1, 8 Colin Street WEST PERTH WA 6005 . For personal use only PO Box 886 West Perth WA 6005 Tel: +61 8 6465 5500 Fax: +61 8 6465 5599 24 November 2009 Manager Announcements Company Announcements Office Australian Stock Exchange Limited 10th Floor, 20 Bond Street SYDNEY NSW 2
Slide 2: Operations Update
For personal use only Operations Update AGM, 24th November 2009
Slide 3: Disclaimer
For personal use only Disclaimer The information in this presentation is published to inform you about the activities of Energy Ventures Limited (EVE) and the activities of its subsidiaries. All reasonable effort has been made to provide accurate information but we do not warrant or represent its ac
Slide 4: Corporate Structure
For personal use only Corporate Structure Management Capital Structure Directors 224,410,764 Ordinary Shares Ian Duncan 14,250,000 Options Alasdair Cooke Michael Curnow Market Cap Fully Diluted - A$16.2 million Bill Fry Cash at Bank – A$0.6 million GM Exploration Key Shareholders Lachlan Reynolds Di
Slide 5: Current Investment Portfolio
For personal use only Current Investment Portfolio ASX Listed: EVE 41.3% 29.9% 51% 50% AFRICAN ENERGY AGRICOLA NORRSKEN BALLEK Cu-Au RESOURCES LTD RESOURCES PLC ENERGY LTD PROJECT ASX Listed: AFR PLUS Listed: AGRI Unlisted Unlisted Advanced Uranium Au exploration projects, JV with IGE Nordic AB, JV
Slide 6: Norrsken Energy
For personal use only Norrsken Energy • Norrsken Energy holds 12 Project areas in northern Sweden • Granted exploration permits cover about 500 km2 • Reconnaissance and advanced exploration projects • Known uranium endowment in region • Prospective geology with limited exploration
Slide 7: Why Explore for Uranium in Sweden?
For personal use only Why Explore for Uranium in Sweden? • Well established domestic nuclear power industry • History of uranium mining in 1970’s • Major uranium exploration effort undertaken by government agencies in the 1970’s – High quality database, readily available – Massive archive of previou
Slide 8: Norrsken Energy Exploration Permit Locations
For personal use only Norrsken Energy Exploration Permit Locations • EVE & IGE Nordic AB combined uranium assets in Sweden into an incorporated Joint Venture Company • EVE have committed to invest SEK 5M to fund exploration expenditures (SEK 2.95M spent to-date) • EVE are managing the JV • The combi
Slide 9: Norrsken Energy – Reconnaissance Targets
For personal use only Norrsken Energy – Reconnaissance Targets Majority of country flown with high-resolution airborne radiometric surveys Area of strong regional anomalism in northern Sweden Numerous uranium occurrences and known mineralisation Most major anomalies secured by Norrsken Energy.
Slide 10: Glacial Till Cover
For personal use only Glacial Till Cover Most of country covered by 5-20m veneer of glacial debris called “till” along with numerous lakes and peat bogs This effectively masks the bedrock geology Can trace “sources” by prospecting and following boulder trails back along the ice-flow direction
Slide 11: Norrsken Energy – Advanced Targets
For personal use only Norrsken Energy – Advanced Targets Björkråmyran Prospect • 7km zone of disseminated U mineralisation in structure • Extensive exploration program completed, including drilling over limited strike • Known mineralisation held by Continental Precious Minerals Inc 87 drill holes ov
Slide 12: Norrsken Energy - Exploration Program
For personal use only Norrsken Energy - Exploration Program • Detailed data compilation and synthesis from Sweden Geological Survey archives in Malå • Field evaluation of priority uranium anomalies and areas of interest • Ground radiometric surveys and boulder trail mapping of best targets to identi
Slide 13: Norrsken Energy - Value Added
For personal use only Norrsken Energy - Value Added • Uranium focus • Strong, balanced portfolio of projects: Known Resources – Drill Targets – Reconnaissance • Known endowment and excellent geological prospectivity • Good local knowledge, resources • Marketable package
Slide 14: Ballek Joint Venture Project
For personal use only Ballek Joint Venture Project
Slide 15: Ballek JV Project
For personal use only Ballek JV Project SUMMARY: • Iron-oxide, copper-gold target (IOCG) of similar style to the Ernest Henry deposit in Australia • EVE earning initial 50% from AIM listed Beowulf Mining by completion of ground geophysics programme and 3,200m of drilling by 30 May 2010 (~1,600m comp
Slide 16: Lulepotten Deposit
For personal use only Lulepotten Deposit • Lulepotten Deposit initial JORC Inferred Resource estimate completed (Sept 2008): 5.4Mt @ 0.8% Cu & 0.3 g/t Au (~ 43,000 tonnes Cu) • Resource confined to area of historical drilling, mineralisation is open at depth and along strike • Prospective strike len
Slide 17: Lulepotten Cu-Au Deposit
For personal use only Lulepotten Cu-Au Deposit • Mineralised structure along contact between syntectonic granitoid and magnetic metavolcanic units • Drilling 1960 – 1978 by SGU – 104 diamond drill holes, ~22,300m Inferred Resource – 50m x 50m grid • Fracture-hosted sulphides (Cu- Au) Mineralised • L
Slide 18: Ballek Exploration Potential
For personal use only Ballek Exploration Potential • Cu-Au mineralisation open at depth and along strike • >5,000m of prospective strike • Extensive and detailed SGU ground and airborne geophysics completed • Numerous IP, Slingram EM and magnetic anomalies that support continuity of structure • Rece
Slide 19: Ballek JV Summary
For personal use only Ballek JV Summary • Ballek is a large exploration project targeting bulk tonnage Cu-Au mineralisation • Work is currently focused on the Lulepotten deposit: – Fracture-hosted Cu-Au sulphide mineralisation has potential ore grades and thickness for bulk mining – Initial JORC Inf
Slide 20: African Energy Resources Limited
For personal use only African Energy Resources Limited • AFR has the dominant land position in the Kariba Valley uranium province in Zambia where 30 Mlb U3O8 discovered to date • Chirundu JV (AFR: 70%) has Measured and Indicated Resources 7.4 Mlb U3O8 • Chirundu Mining Licence approved • Additional
Slide 21: AFR: uranium production possible within years
For personal use only AFR: uranium production possible within 2 years • Chirundu JV project is mid bankable feasibility study, proposed 5-6 year mine producing 1.2 to 1.4 Mlb U3O8 per year • Engineering component of BFS on hold during resource expansion work • Mining Licence has been granted, EIS we
Slide 22: Chirundu JV - further upside
For personal use only Chirundu JV - further upside • Broad spaced drilling programme completed at Siamboka, assays pending • Potential to increase resources from extensional and other targets proximal to Njame and Gwabe • Highly mineralised region that is under explored • Very low discovery cost to
Slide 23: Significant exploration upside: Kariba Province
For personal use only Significant exploration upside: Kariba Province • 42km long anomaly in Kariba Valley JV, which contains advanced prospects at Chisebuka and Namakande • All within economic trucking distance of Njame uranium processing plant • Immature province – early mover • Consolidation oppo
Slide 24: New discovery: Gojwane Prospect, Botswana
For personal use only New discovery: Gojwane Prospect, Botswana • 50km south of Francistown, <5km from major highway, railway, power • New Gojwane discovery (100% AFR, 19m @ 327 ppm U3O8) is adjacent to Letlhakane uranium deposit where A-CAP Resources has discovered a 98 Mlb U3O8 Inferred Resource •
Slide 25: Energy Ventures - Asset Summary
For personal use only Energy Ventures - Asset Summary • Listed investment company with equity positions in uranium exploration companies in Africa and Europe • Portfolio expanded recently with the acquisition of uranium projects by Norrsken Energy in Sweden; and Ballek JV with Beowulf Mining • Manag
Slide 26: Energy Ventures - Investment Strategy
For personal use only Energy Ventures - Investment Strategy • Focus on the energy sector, specifically uranium • Target early stage investments, pre-feasibility stage • Seed fund new investment opportunities • Create value through initial exploration programs and definition of resources • IPO projec
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