Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — Australian Uranium Conference 2007
26 slides from Power Minerals's conference presentation, Jul 26, 2007
Slide 1: Australian Uranium Projects
For personal use only Australian Uranium Projects North Queensland Curnamona Province July 2007
Slide 2: Share Capital Details
Share Capital Details (10 July, 2007) For personal use only z Listed on ASX April 2005 - Code PNN z 63,882,499 shares on issue z 5,325,000 unlisted 20¢ options z Currently 2,000 shareholders z 63% of issued capital held by top 20 shareholders z Currently capitalised at A$105 million z Current cash =
Slide 3: Strategic alliance with Sinosteel Corporation for Crocker Well
For personal use only Strategic alliance with Sinosteel Corporation to jointly develop the Crocker Well Uranium Project
Slide 4: A$11 million exploration and development budget
For personal use only A$11 million budget over 2 years to explore and develop uranium prospects and investigate the non uranium potential of the tenements
Slide 5: Advanced Uranium Project covering 3,778 sq kms
For personal use only An Advanced Uranium Project covering 3,778sq kms under 4 granted exploration licences and 1 exploration licence application
Slide 6: Additional known primary uranium prospects
For personal use only 26 additional known primary uranium prospects other than Crocker Well and Mt Victoria. Potential for secondary palaeochannel style deposits as well as unconformity related uranium mineralisation
Slide 7: Crocker Well Project
Crocker Well Project Curnamona Province For personal use only South Australia Ten Prospects identified in the vicinity of Crocker Well and Mt Victoria. High grade surface samples (> 2% U3O8) from newly discovered Becaroo and Anomaly A Prospects
Slide 8: Crocker Well Project
Crocker Well Project z Inferred JORC Compliant Resource of Curnamona Province 19,800,000 lbs of U3O8 using a cut-off For personal use only South Australia grade of 250ppm. (14,850,000 lbs using a cut-off grade of 300ppm) z Scoping study completed for the development of a 5.7Mt/annum mine producing 5
Slide 9: Crocker Well Project
Crocker Well Project z Estimated processing costs are Curnamona Province A$12.93/tonne (A$18.47/lb U3O8) For personal use only South Australia z At the current U3O8 price of A$153.00/lb and an estimated mining and processing cost of A$29.52/lb the currently defined resource has the potential to gene
Slide 10: Crocker Well GPS Grid
For personal use only Crocker Well GPS Grid – approximately 900 historic boreholes, 9 shafts
Slide 11: Geophysical calibration pits reinstated
For personal use only Geophysical calibration pits reinstated
Slide 12: Historic cores preserved at PIRSA core library
For personal use only Historic cores have been well preserved at PIRSA core library
Slide 13: Historic cores preserved at PIRSA core library
For personal use only Historic cores have been well preserved at PIRSA core library
Slide 14: Historic cores preserved at PIRSA core library
For personal use only Historic cores have been well preserved at PIRSA core library
Slide 15: Mullock heaps contain ore grade material for bulk sampling
For personal use only Mullock heaps beside old shafts contain 100 tonnes of ore grade material – readily available bulk sample for metallurgical testing
Slide 16: Resource validation drilling is in preparation
For personal use only Resource validation drilling is in preparation
Slide 17: Drilling at Crocker Well – June 2007
For personal use only Drilling at Crocker Well – June, 2007
Slide 18: Drilling at Crocker Well – June 2007
Uranium mineralisation from 10m to 99.2m with an average For personal use only grade of 0.05% (eU3O8) Drilling at Crocker Well – June, 2007
Slide 19: Geology Mt Victoria Deposit
Geology Mt Victoria Deposit Migmatised amphibolite For personal use only Shaft Sheared biotite to chloritic material with davidite 0 40 Metres Drilling program is also designed to validate Mt Victoria Resource
Slide 20: Drilling program will investigate potential additional Resources
For personal use only Drilling program will investigate potential additional Resources
Slide 21: Drilling program will investigate potential additional Resources
For personal use only Drilling program will investigate potential additional Resources
Slide 22: Summary – Uranium Project South Australia
Summary For personal use only Uranium Project – South Australia z An advanced exploration project with a defined resource of U3O8 ready to develop z 19.8 million lbs of U3O8 JORC compliant resource at Crocker Well and Mt Victoria z 26 additional known uranium prospects to be investigated. 10 surface
Slide 23: Summary – Uranium Project South Australia
Summary For personal use only Uranium Project – South Australia z Has the potential to generate a cash flow of A$160 million per year based on producing 585t/annum (A$275 million per year based on producing 1,000t/annum) z Cash flow for PepinNini of A$64 million per year based on producing 585t/annu
Slide 24: High Grade Gold & Uranium Tenements
High Grade For personal use only Gold & Uranium 7 Tenements 900 sq.kms
Slide 25: North Queensland Project
North Queensland Project z Uranium occurrences which have been inadequately tested by For personal use only Georgetown Inlier previous explorers and favorable Woolgar Goldfield geological settings for uranium mineralisation occur in all tenements z The uranium targets are hard rock volcanic type dep
Slide 26: Thank You
For personal use only Thank You Disclaimer: • The information in this presentation is published to inform you about PepinNini Minerals Limited and its activities. All reasonable effort has been made to provide accurate information, but we do not warrant or represent its accuracy and we reserve the r
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