Uru Metals Limited · LSE:URU
Uru Metals — Investor Presentation (April 2012)
28 slides from Uru Metals's investor presentation, April 2012
Slide 1: Update on the Recent Activities of URU Metals Limited
Update on the Recent Ac.vi.es of URU Metals Limited April, 2012 Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 2: Important Regulatory Notice
Important Regulatory No.ce The summary information contained herein has been provided by URU Metals Limited (“URU Metals” or the “Company”). No representation, express or implied, or warranty as to the accuracy or completeness of the information contained herein is made by any party and nothing cont
Slide 3: Three Step Approach
Three Step Approach ADVANCE PROJECTS JOINT VENTURES STRATEGIC INVESTING URANIUM IN NIGER SAN NICKEL JV UrAMERICA l 100% owned and l Two extremely large Ni l Timely investments in operated projects in RSA mineral development l Working on defining a l URU has vested & is companies mineable resourc
Slide 4: URU Corporate Overview
URU Corporate Overview * as of 27 March 2012 l Share Structure Issued Shares 113,276,722 Fully diluted shares 124,570,789 Share Price 7.75 p Market Capitaliza.on £8.8 million (US$14.0 million) Cash balance £ 2.44million (US$3.8 million) l Companies with substan.al shareholdings in URU Metals NWT U
Slide 5: URU Metals Limited Share Performance
URU Metals Limited Share Performance URU acquires 28 million shares £0.70 represen.ng Disposal of 14 million Kalahari shares at 17.8% of Kalahari £1.65 per share. Cash Minerals £0.60 dividend of 20.4 p per URU share awarded URU acquires 20.899% interest in UrAmerica, Tsunami in Japan £0.50 gains exp
Slide 6: Experienced Management
Experienced Management Paul Loudon, Non-Executive Chairman Extensive experience in management of junior mining and exploration companies, stock broking and corporate finance. Currently Managing Director and CEO of DiamondCorp plc, an AIM-listed emerging diamond producer with operations in Botswana a
Slide 7: Experienced Technical Team
Experienced Technical Team Republic of Niger • Highly motivated and experienced geological and exploration team mobilised in the Republic of Niger. Republic of South Africa – SAN Nickel Joint Venture • SAN Metallurgical and Geology teams to be mobilised at the URU operational headquarters in Johanne
Slide 8: Details on the Three Step Approach
Details on the Three Step Approach URU Metals takes a three-‐step approach to deliver earning poten.al for shareholders: l PROJECTS (Medium to Long Term Returns) URU invests in explora.on and drilling programmes at the 100% owned Republic of Niger licenses. The objec.ve is to delineate a mineable
Slide 9: Three Step Approach
Three Step Approach ADVANCE PROJECTS JOINT VENTURES STRATEGIC INVESTING URANIUM IN NIGER SAN NICKEL JV UrAMERICA l 100% owned and l Two extremely large Ni l Timely investments in operated projects in RSA mineral development l Working on defining a l URU has vested & is companies mineable resourc
Slide 10: South African Nickel Joint Venture
South African Nickel Joint Venture § Located in the world-‐famous Bushveld Ni-‐Cu-‐PGM district § Two large disseminated bulk nickel projects § Excellent infrastructure on the proper.es § URU has completed the $3.6 million in expenditures required and HAS vested their interest in both project
Slide 11: Zebediela Project
Zebediela Project Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 12: Zebediela Project
Zebediela Project PPRust Zebediela Nickel Akanani • Very large deposit on surface • Disseminated nickel sulphides • Good infrastructure • Located in exis.ng mining Camp IvanPlats Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets April 2012
Slide 13: Progress at Zebediela
Progress at Zebediela § Completed Phase I -‐ 16 drill hole program in February § Remarkably consistent Ni grades over substan.al thickness over a 3 km x 1 km area § Amenable to bulk mining through open pit § Targe.ng 750 – 1,000 million tonne pit shell at Ni grades of 0.24-‐0.28% § Mineraliza
Slide 14: Zebediela - Remarkable Grade Consistency
Zebediela -‐ Remarkable Grade Consistency Red > 0.25% Ni, blue – higher grades 200 m Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 15: Zebediela Phase I Drilling Results
Zebediela Phase I Drilling Results Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 16: Burgersfort Project
Burgersfort Project Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 17: Burgersfort Phase I Drilling
Burgersfort Phase I Drilling Area of Phase I drilling Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 18: Burgersfort Drillhole Map and Section
Burgersfort Drillhole Map and Sec.on 900.000000 23 m @ 0.29 % Ni AP-13 AP-10 AP-22 AP-03 AP-05 .! .! .! .! .! 289 m @ 0.33 % Ni 30 m @ 0.24 % Ni 400.000000 1000m 146 m @ 0.30 % Ni N AP-14 AP-12 AP-15 .! .! .! AP-20 AP-21 B -100.000000 .! .! AP-10 .! AP-11 AP-19 AP-13 .! .! .! Mineralized Sill AP-09
Slide 19: Burgersfort Phase I Drilling Results
Burgersfort Phase I Drilling Results Ac#vely developing an advanced por1olio of large-‐scale uranium, nickel and base metal assets
Slide 20: Zebedelia - Joint Venture Equity
Zebedelia -‐ Joint Venture Equity (if the project con6nues to development) Umnex Minerals Limpopo (BEE Partner) Umnex Minerals Holdings (BEE Partner) 26% Zebediela Project Principle 74% 15% 45% Nickel JV (Unincorporated) Southern African Nickel 40% Ac#vely developing an advanced por1olio of large-
Slide 21: Burgersfort - Joint Venture Equity
Burgersfort -‐ Joint Venture Equity *Against a further to be determined amount the JV could BSC Resources (Pty) Ltd Black Economic Empowerment Partner (BEE) increase its par.cipa.on to 74% 49% Burgersfort Project Principle 51% 74%* 50% Nickel JV (Unincorporated) Southern African Nickel 50% Ac#vely
Slide 22: Peer Benchmarks
Peer Benchmarks Royal Nickel Corp: Dumont Nickel Project, Canada Listed: Toronto (TSX: RNX) Expected to become the world’s fifth largest nickel sulphide operation (measured resource of 190 million tonnes at 0.29% nickel) with a 30 year mine life. • Average grades (nickel sulphide content): 0.27% Har
Slide 23: Three Step Approach
Three Step Approach ADVANCE PROJECTS JOINT VENTURES STRATEGIC INVESTING URANIUM IN NIGER SAN NICKEL JV UrAMERICA l 100% owned and l Two extremely large Ni l Timely investments in operated projects in RSA mineral development l Working on defining a l URU has vested & is companies mineable resourc
Slide 24: Niger U Projects
Niger U Projects • Eight 100% owned Prospec.ng Licenses in the Tim Mersoi Basin, covering a total of 6,773 square kilometres • An experienced geological team • Explora.on focused on the Irhazer and In Gall licenses • Targe.ng a mineral resource of 15 Mlbs or more at a grade of 0.1% U3O8 or higher •
Slide 25: Highlights - Aboye Target - Ingall Permit
Highlights -‐ Aboye Target – Ingall Permit • Completed Phase II drill program in 2011 following encouraging results from Phase I drilling • Uranium mineraliza.on encountered in the Tchirezerine II forma.on – host of the Imouraran Peak deposit (380 M lbs U3O8) Radioac.vity > 1000 cps • Holes at >500
Slide 26: Three Step Approach
Three Step Approach ADVANCE PROJECTS JOINT VENTURES STRATEGIC INVESTING URANIUM IN NIGER SAN NICKEL JV UrAMERICA l 100% owned and l Two extremely large Ni l Timely investments in operated projects in RSA mineral development l Working on defining a l URU has vested & is companies mineable resourc
Slide 27: Investment in UrAmerica
Investment in UrAmerica § Private company holding 255,000 ha of uranium licenses in Argen.na, of which 148,000 ha surrounds the Cerro Solo Uranium Deposit (15.4 Mlbs at 0.47% U3O8). § Other projects in Columbia & Paraguay § Have the down-‐paleo-‐channel extensions of the rocks hos.ng Cerro Solo
Slide 28: Company Directory
Company Directory Directors Nominated Advisor Investor Relations Paul Loudon – Non-Executive Chairman Fairfax IS PLC Brand: Mining IR John Lynch – Non-Executive Director 46 Berkeley Square 636 Horton House Mayfair Exchange Flags Registered office London W1J 5AT Liverpool L2 3PF Walkers Chambers Unit