Northern Minerals Limited · ASX:NTU
Northern Minerals — Northern Uranium — 20:20 Investor Series, Sydney (May 2010)
28 slides from Northern Minerals's conference presentation, May 19, 2010
Slide 1: 20:20 Investor Series Presentation
For personal use only 20:20 Investor Series Presentation Sydney May 19 2010 Developing Uranium and Rare Earth Elements George Bauk – Managing Director
Slide 2: Important Notice
Important Notice For personal use only This presentation has been prepared by Northern Uranium Limited (“Northern Uranium” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invit
Slide 3: Company Overview
For personal use only Company Overview
Slide 4: Project Location
For personal use only Project Location
Slide 5: Capital Structure
Capital Structure For personal use only ASX Codes NTU – Ordinary Shares Ordinary Shares 101,932,596 Listed Options - NTUOA 14,534,981 ($0.20 exp 30/09/2012) Listed Options - NTUOB 29,118,572 ($0.15 exp 31/03/2012) 52 – Week Trading Range $0.07 - $0.34 Daily Traded Volume 214,440 Market Capitalisatio
Slide 6: Board and Management
For personal use only Board and Management
Slide 7: Uranium
For personal use only Uranium
Slide 8: About Uranium
About Uranium For personal use only • Overview • Rapid growth in world demand for carbon free electricity has provided a strong market for the development of nuclear power over the past 10 years and it now contributes 15% of world electricity supply • Demand • Growth driven by 48 nuclear reactors un
Slide 9: Unconformity Uranium
For personal use only Unconformity Uranium Unconformity resources
Slide 10: Unconformity Uranium
Unconformity Uranium For personal use only • Higher grade than other deposit types • Occur close to major geological unconformities • All production from Canada is unconformity type • Afmex (Areva) has experience in these deposits and has used systematic approach to identify drill targets: – VTEM Su
Slide 11: Gardiner-Tanami Project
Gardiner-Tanami Project For personal use only Gardiner-Tanami Project • 100% ownership • Afmex (Areva subsidiary is project operator) • Afmex may market uranium on commercial arms length terms Gardner JV • Earning up to 60% • JV with Manhattan (ASX:MHC) • Afmex (Areva subsidiary is project operator)
Slide 12: Drill Targets at Gardiner-Tanami Project and Gardner Range JV Project
For personal use only Drill Targets at Gardiner-Tanami Project and Gardner Range JV Project
Slide 13: Kurundi Project
Kurundi Project For personal use only • Vein-style mineralisation – • Northern Uranium owns 100% of high grade Kurundi and 95% of the Munadgee Mine • Historic mining (in 1950s) from Munadgee produced 3,000 • Northern Uranium is manager and tonnes @ 0.5% U3O8 (5,000 operator ppm)
Slide 14: 2010 Uranium Work Program
2010 Uranium Work Program For personal use only • A $2m uranium exploration program • Completion of detailed geological and structural mapping to finalise drill hole locations • RC Drilling program with 5 target areas for total of 7,800m • Targets in Don prospect – historical high grade uranium mine
Slide 15: Rare Earth Elements
For personal use only Rare Earth Elements
Slide 16: About Rare Earth Elements (REE)
About Rare Earth Elements (REE) For personal use only Overview • Essential components to products with high growth potential - electronics and technology industries, energy efficiency and greenhouse gas reduction • Heavy Rare Earth Elements (HREE) of particularly high value Demand • Global demand fo
Slide 17: High Value Rare Earths
High Value Rare Earths For personal use only
Slide 18: Project Location
For personal use only Project Location
Slide 19: Browns Range
Browns Range For personal use only • Significant rare earth discoveries confirmed in 2009 • High value HREE distribution, in “easy” xenotime mineralisation • Early rock chip sampling by both NTU and previous owners (including PNC) with results up to 16% yttrium • Estimated value in excess of $1400/t
Slide 20: John Galt
John Galt For personal use only • Option to acquire Project announced on the 9 April 2010 • Regional proximity to the Browns Range HREE Project • Similar geology - high value HREE in xenotime mineralisation • Extends HREE footprint in region • 60 Day due diligence well advanced
Slide 21: HREE Work programme 2010
HREE Work programme 2010 For personal use only • Dedicated and funded HREE exploration program in 2010 • Browns Range – Mapping – Further Rock Chip Sampling – Metallurgical Testwork – Drilling Program • John Galt – Finalise Due Diligence – Initial exploration work to follow in 2010 • Discuss potenti
Slide 22: Phosphate
For personal use only Phosphate
Slide 23: Phosphate projects
For personal use only Phosphate projects
Slide 24: Phosphate potential
Phosphate potential For personal use only • Well located projects in prospective Georgina Basin • Close to road and rail infrastructure • Nearby to significant phosphate resources and developing projects – Minemakers and Phosphate Australia • Surrounded by Vale landholding • Low level exploration in
Slide 25: In Summary
For personal use only In Summary
Slide 26: Value Proposition
Value Proposition For personal use only Uranium • Highly prospective high grade unconformity project • 11,000km2 and with 30km of drill target areas to date • Historical mine yet to be explored • Afmex (Areva) strategic alliance partners • Athabasca Basin experience Rare Earths • Prospective High Va
Slide 27: Milestones to Monitor
Milestones to Monitor For personal use only • $3.2m share rights issue – completed in April • Follow-up uranium drilling at Gardiner-Tanami to commence in September quarter • Commence strategic Rare Earth exploration at Browns Range in Q2 • Completion of the John Galt Due Diligence to acquire the op
Slide 28: Contact Details
Contact Details For personal use only George Bauk Managing Director Suite 10, Level 2 10-12 Thelma Street West Perth WA 6005 T: +61 8 9481 2344 info@northernuranium.com.au www.northernuranium.com.au
Northern Uranium — 20:20 Investor Series, Sydney (May 2010) on 6ix