Energy Metals Ltd · ASX:EME
Energy Metals — Australian Uranium Conference 2005
23 slides from Energy Metals's conference presentation, Oct 12, 2005
Slide 1: Energy Metals Limited: Exploring for Uranium in Australia
es / “ (=nergy Metals Limited ASX: EME EXPLORING FOR URANIUM IN AUSTRALIA
Slide 2: Energy Metals - Background
ENERGY METALS —- BACKGROUND Dedicated Australian uranium explorer Most tenements contain Uranium mineralisation discovered in 1970’s Initial focus on high grade Bigryli Uranium deposits in the Ngalia Basin (NT) Experienced team with track record of success Tight capital structure
Slide 3: Energy Metals - Capital Structure
ENERGY METALS — CAPITAL STRUCTURE Shares on Issue 22m Shares quoted 12m Market cap (@ $1.05) $23m 1 for 2 option for shareholders on register 13th October (exercisable @ 30c: expiry 30/06/08) Jindalee Resources - 10m shares (45.5%) Management - 146m shares (6.6%) Teck Cominco - Im shares (4.5%)
Slide 4: Energy Metals project locations
te Energy Metals project 2 Uranium mine e at | i i | Significant deposit a BIGRE LAKE MASON SOUTHERN OCEAN (Snergy Metals Limited
Slide 5: Ngalia Regional
NGALIA REGIONAL ( >2,500 km? BIGRLY! PROJECT) MALAWIRI PROSPECT Energy Metals tenement | va Paleozoic: feldspathic sandstone, conglomerate, shales (Mount Eclipse Sandstone} BASIN ( Neoproterozoic: (includes Vaughan Springs Quartzite), quartzite, sandstones, tilite Mesoproterozoic: undeformed megacry
Slide 6: Meso-Proterozoic Granites (Arunta)
MESO-PROTEROZOIC GRANITES (ARUNTA) a Source of Ngalia Basin Uranium & Vanadium? nergy Metals Ptvenrs Limited
Slide 7: Ngalia Basin
NGALIA BASIN nA Ng Passive southern margin > EME
Slide 8: Ngalia Basin (Bigrlyi)
NGALIA BASIN (BIGRLYI
Slide 9: U Anomalies Over 14km
BIGRLYI —- U ANOMALIES OVER 14k wa Mt Eclipse Sandstone AlbiniafMt Doreen Formations: Vaughan Springs Guartzite Southwark Granite Geolay ater NTGS Nicker Beds Energy Metals ELA (100%) Fault Energy Metais ERL (53%) Track Uranium anomaly/prospect ENERGY METALS Drainage Mineralised horizon Bigrlyi Proj
Slide 10: Stratigraphic Column
BIGRLYI - STRATIGRAPHIC COLUMN Red-brown to-maroon & UNIT B Violet sitstones & sandstones nd Greyewhita, fine medium sandstones. -—~ UNIT. G -with plant carbon. Uranium & vanadium ————, mineralisation et pase: r Red-brown, medium-coarse graned sai ined, UNITE Taina conglomerate composed. at quartzit
Slide 11: High
BIGRLYI ___ High nergy Metals Ptvenrs Limited
Slide 12: High Grade Intercepts Common
HIGH GRADE INTERCEPTS COMMON PROSPECT Anomaly 2 Anomaly 4 Anomaly 8 Anomaly 15 HOLE BPH-238 BPD-225 BPD-166 BPH-001 BPH-016 BPD-009 BPD-318 FROM 30.6m WIDTH 1.9m 3.8m % U308 1.31 1.49 Ibs/t U308 29.3 33.4
Slide 13: Resources
BIGRLYI — RESOURCES* TONNES GRADE CONTAINED U308 (kgf) 808,000 3.40 2,770,000 kg ANOMALY 15 — RESOURCES* TONNES GRADE CONTAINED U30s {kg/t) 623,400 3.24 1,999,400 kg (M+) 117 holes; ordinary kriging; 25x10x5m blocks; 2.0 kg/t U3Os cut-off *Non-JORC - sources: NTGS Report 19; WH Bryan 1998
Slide 14: Anomaly - Open at Depth & Down Plunge
ANOMALY 15 - OPEN AT DEPTH & DOWN PLUNGE ANOMALY 15 3D View of Deposit (2kg/t Uz0¢9.cut-off} nergy Metals aaa Limited
Slide 15: BPD-09 48-51m 3m @ 1.83% U3O8, 0.62% V
BPD-09 48-51m 3m @ 1.83% U30s8, 0.62% V
Slide 16: (BPD-09)
BIGRLYI (BPD-09) nergy Metals Ptvenrs Limited
Slide 17: (BPD-321)
BIGRLYI (BPD-321) Carbonaceous clasts associated with mineralisation
Slide 18: Ngalia Regional
BIGRLYI & NGALIA REGIONAL Acid leaching recovers 99% U over 24hrs Vanadium credits ignored in past No regional exploration since late 1970’s EME controls >200 km of strike potential Mostly tenure 100% owned
Slide 19: BIGRLYI
BIGRLYI
Slide 20: ...and were found in the early 1970's
BIGRLYI and were found in the early 1970’s.... anergy Metals eer Limited
Slide 21: Bigrlyi
BIGRLY! ...but minimal exploration under cover anergy Metals eer Limited
Slide 22: Energy Metals - Summary
ENERGY METALS - SUMMARY Dedicated Australian uranium explorer Advanced projects in NT & WA Primary focus on Bigrlyi deposits (NT) Excellent potential for new, high grade discoveries Tight capital structure (= great leverage)
Slide 23: net
net net @energymetals energymetals iry +t & oe WwW ao oo Oo - XN = N AN oO 0 ao oa oOo 06 - <= Oo © + + enqu www FAX EML WEB