Energy Metals Ltd · ASX:EME
Energy Metals — Australian Uranium Conference 2014
33 slides from Energy Metals's conference presentation, Jul 17, 2014
Slide 1: Australian Uranium Conference
For personal use only Australian Uranium Conference 16-17 July 2014 Wayne Taylor Exploration Manager Weidong Xiang Managing Director
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: Australia's Uranium
Australia’s Uranium Jabiluka . . . Datwine Nees er 4 Bigrlyi & Ngalia Kooga Macallan z Mopoke Well 9 Oobagaay beruceule ‘ Dake Nason Peni OR vee Westmoreland Ancetell Valhalla nkete Manyingee ¥, dl © Angel: . anyi noo QUEENSLAND Lakeside USTRALIA Lake Way i SOUTH AUSTRALIA Lake Maitland Four Mile, f
Slide 4: Capital Structure
For personal use only Energy Metals Limited Capital Structure Shares on Issue 209.7m Shareholders 748 Cash & Bank (31 March 2014) $24.7m Major Shareholders CGN 139.3m 66.45% KangDe 26.5m 12.66% Jindalee 14.0m 6.69%
Slide 5: Nuclear – part of the Clean Energy Equation
Premier Li Keqiang has declared a For personal use only “war on pollution”. Nuclear – part of the Clean Energy Equation
Slide 6: Parent Company CGN
Parent Company For personal use only CGN (China General Nuclear Power Group) Clean Energy Group (established 1994) Gross assets RMB303.7B (US$49B) Net assets RMB84.5B (US$13.5B) 11 operating nuclear generating units(11.62GWe) 13 other nuclear generating units under construction (15.52GWe)
Slide 7: Nuclear Power in China
Nuclear Power in China For personal use only Mainland China has 18 nuclear power reactors in operation (15.86 GWe), 30 under construction (32.87 GWe).
Slide 8: Uranium Trading
Uranium Trading For personal use only Extension of Permit to Possess Nuclear Material to 31 March 2018. A waiver from ASX Listing Rule 10.1, subject to certain conditions, to the extent necessary to permit wholly owned subsidiary, NT Energy Pty Ltd, to enter into agreements with CGN-Uranium Reso
Slide 9: Northern Territory Projects
Northern Territory Projects. Darwin m DM a j 4 cenit © [AM Pm y Ra Bp NORTHERN TERRITORY a os US is Macallan . a © J ~ @ Bigrlyi$ Ngalia Discoverii ’ ‘Clean Ene: Limited
Slide 10: Macallan Project tenement map
800 000mE £27333 7600 000mN \ ~| Macallan Project } 0 50Km £\-~— Sw] Yuendumu J ‘ = Devonian Carboniferous 7500 00OmN [__] Granted tenement ap = [_] Tenement application <= e EME uranium prospect Undifferentiated Proterozoic ¢ © Uranium prospect (excised) “= Prospective stratigraphy Discovering y |
Slide 11: Ngalia Basin Gravity Model
For personal use only Ngalia Basin Gravity Model looking northwest
Slide 12: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project Tabular For personal use only Sandstone hosted Uranium- Vanadium Deposit of Carboniferous Age Several drilling programs, concentrating mostly on the Anomaly 4 and Anomaly 15 deposits, were completed at Bigrlyi in the period from 2006 to 2011.
Slide 13: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project For personal use only A Pre-Feasibility Study completed mid-2011 confirmed that mining the Anomaly 4, Anomaly 15 and Anomaly 2 deposits using a combination of open pit and underground mining and processing ore through a relatively simple acid leach circuit would produce
Slide 14: Mineralised Reduced Arkosic Sandstone
For personal use only Mineralised Reduced Arkosic Sandstone – black mottling is caused by vanadium and uranium minerals (uraninite, coffinite) with minor pyrite - not carbonaceous matter as previously assumed. Mineralisation occurs near the interface between reduced (pyrite-bearing) and oxidised (he
Slide 15: For personal use only
WD | Det | Spot] Mag ssevltommleselsord 250 x oe a 4 , » ~ re Wf Map datas | MAG: 108X% HV: 15k¥" WD: ‘Siam Discovering CD ve Clean Energy Metals IS Limited ergy
Slide 16: Bigrlyi Joint Venture Project
Bigrlyi Joint Venture Project For personal use only Bigrlyi Mineral Resource Estimate at a 500ppm U3O8 cut-off (2011) Resource Tonnes U3O8 V2O5 U3O8 V2O5 U3O8 V2O5 Category (millions) (ppm) (ppm) (t) (t) (Mlb) (Mlb) Indicated 4.7 1,366 1,303 6,400 6,100 14.0 13.4 Inferred 2.8 1,144 1,022 3,200 2,900
Slide 17: 2013 Exploration Activities in the Ngalia Project Area
For personal use only 2013 Exploration Activities in the Ngalia Project Area During 2013 both geophysical targeting and drilling programs were completed at a number of regional prospects including Anomaly 15 East, Bigwest, Autobahn, Camel Flat, and Dingo’s Rest (North). Over 18 km2 of gradient-a
Slide 18: Macallan Project tenement map
700 000mE 800 000mE 7600 000mN a | Macallan Project } 0 50Km 7500 00OmN. [_] Granted tenement L_] Tenement application e EME uranium prospect Undifferentiated Proterozoic © Uranium prospect (excised) “= Prospective stratigraphy Discovering y | Clean Energy N :
Slide 19: Anomaly East
For personal use only Anomaly 15 East
Slide 20: Drill Intercept Highlights at Anomaly East
Drill Intercept Highlights at Anomaly 15 East For personal use only
Slide 21: Bigwest – IP Survey targeting under sand cover
Bigwest – IP Survey targeting under sand cover For personal use only
Slide 22: Bigwest Area Drilling – Significant Intercepts
Bigwest Area Drilling – Significant Intercepts For personal use only
Slide 23: Camel Flat Area – Drilling Programs & IP Survey
Camel Flat Area – Drilling Programs & IP Survey For personal use only Camel Flat Resource Area
Slide 24: 2013 Exploration Program Results
For personal use only 2013 Exploration Program Results Satellite Deposit Mineral Resource Estimates Cut-off U3O8 Resource Tonnes U3O8 Deposit U3O8 (ppm) (ppm) Category ('000t) (tonnes) Camel Flat 100 Inferred 211.3 1,384 292 Cut-off eU3O8 Resource Tonnes eU3O8 eU3O8 Deposit (ppm) Category ('000t) (p
Slide 25: Other prospects in the Ngalia Project Area
Other prospects in the Ngalia Project Area For personal use only Gradient-array IP surveys were conducted at various locations along the northern margin of the Ngalia Basin including Dingo’s Rest North. Chargeability anomalies have been identified and selected for drill testing. Energy Metals in
Slide 26: Meeting with Traditional Owners
Meeting with Traditional Owners For personal use only
Slide 27: Western Australian Projects
Western Australian Projects. WESTERN aE, AUSTRALIA __* @ Manyingee ean m Newman meu STRALIA » Lakeside @ e” Lake Mason jie Anketell @ Mopoke Well w Kalgoorlie : Discovering jer lean - 4 Metalscn2”
Slide 28: Mopoke Well Project – Resource Estimate
Mopoke Well Project – Resource Estimate For personal use only A maiden JORC (2004) resource estimate was undertaken for the Peninsula Deposit. The inferred JORC resource estimate totalled 1,613 tonnes U3O8 at an average grade of 165ppm eU3O8 (100ppm cut-off). Volume Tonnes eU3O8 U3O8 U3O8 Category (
Slide 29: Lakeside Project – Resource Update
Lakeside Project – For personal use only Resource Update Cue, WA Uranium Resource Estimate of 960 tonnes U3O8 (at 200ppm cut-off grade) obtained for the Lakeside Deposit. Mineral Resource increase of 256% over previous estimation.
Slide 30: Hychips Spectral Mineralogy
For personal use only Hychips Spectral Mineralogy
Slide 31: Manyingee Project
Manyingee For personal use only Project Exploration Potential: Significant uranium intercepts were encountered in 2012 drilling of the palaeochannel upstream of Paladin’s Manyingee Uranium Deposit Further work planned in 2014-15 2013 drilling program: A small aircore drilling program (6 holes
Slide 32: 2014-2015 Uranium Trading and Exploration Updates
For personal use only 2014-2015 Uranium Trading Transactions Exploration Updates • Manyingee (WA) • Walbiri (Ngalia) • Malawiri (Ngalia) • Other Regional Exploration
Slide 33: Thank you
For personal use only Thank you ASX:EME For more information: Phone: +61 8 9322 6904 Email: enquiry@energymetals.net Web: www.energymetals.net