Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — Shareholder Meeting (November 2006)
32 slides from Power Minerals's shareholder meeting presentation, Nov 29, 2006
Slide 1: Presentation at the Annual General Meeting of Shareholders
) 9417 G212 £02 (O02) 9417 3043 Email: oder sinnini com.au 29 November, 2006 Companies Announcement Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000 AUSTRALIA Electronic Lodgement PRESENTATION AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS The following presentation was made
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—. << ey eh (0 yy a ae ; >a iy a) Le yy Ly, Ws y Ly gy gage i y , y 7 | a edicanit: TT } ! a ise » Current cash Le ; Lo = AUS$3.6 million yy i, Us y - (AUS$30 million excluding esctowed s nd experienced directors.
Slide 4: Share Price and Volume
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y ay \ Ly Ly yy wy Ly, G = S&S ey Ly is Wig ay ey wi) 3 oy Woods i Le ae yy iy We, 2) Lo i ee ickellitan Us jored in the d Me M ie Pp ‘ 0 Copper/Gold, Le ead/Zinc a1 Curnamona Province and and Uranium targets in the eorgetown Inlier
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Slide 10: Uranium Project
Uranium, Project @ An advanced stag ® Scoping st for the development of.a \“ 85 milli ‘Cc compliant resource of U,O, ( round value of. AS1.2, \ | an estimated 9/\b the gurrently cashflo ® Capital costs tc contractor, waste
Slide 11: Additional known uranium prospects
25 additional known pri arysranium pr spects within granted tene fo be explored (up to 21kgs/tonne U,0,) 90 Prospect
Slide 12: _ @ Estimated processing costs are $12.93/tonne (US$12.79/\b)
_ @ Estimated processing costs are $12.93/tonne (US$12.79/\b) ® Capital costs could be as much as $160million ® South Australia politically the best place to be in Australia to mine uranium
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Slide 14: Voisey's Bay Mine Site - Canada
Voisey’s Bay Mine Site - Canada e targets in Australia for a similar discovery PepinNini is currently capitalised at $50 million
Slide 15: Ni-Cu-PGE Discovery
Ni-CuPGE Discovery (Nebo, Babel) AREA OF PLAN epinNini ining company Pry Lente LOCATION PLAN EXPLORATION TENEMENTS Musgrave Biock -South Australia
Slide 16: Nickel copper sulphide & platinum group metal target
Nickel copper sulphide & platinum group metal target Similar geological setting to Voisey’s Bay 10kms diameter magnetic low interpreted as layered ultramafic intrusion Prospective Giles Complex rocks intersected in PIRSA boreholes. (sulphides in core, elevated Ni, Cu, Au, Pt in chip samples)
Slide 17: Nickel copper sulphide & platinum group metal target
Nickel copper sulphide __ platinum group metal target Similar geological setting to Voisey’s Bay | Magnetic anomaly modelled as 300m wide vertical mafic/ultramafic dyke extending 5 kms
Slide 18: Slide 18
Slide 19: Completed Drilling (April 2006)
_ ie ompleted Drilling (April 2006) 572500 mE 575000 mE 7027800 mN Zz = 3 3 8 s 4 7022500 mN Nw oosezOL 870000 mE 672500 mE 575000 me
Slide 20: Nickel copper sulphide & platinum group metal target
Nickel c copper sulphide & platinum group metal target Similar geological setting to Voisey’s Bay Largest outcropping layered ultramafic intrusion in SA (18kms x 8kms) Published reports consider Mt Caroline to have the highest potential for hosting significant NiS mineralisation Airborne EM survey c
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Slide 22: Crocker Well Uranium Field
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Slide 24: EPM 15823
EPM 15823 EPR 15801 West Fletcher Ck Fletcher Creek ao 2. | EPM 15440 Percyville
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Slide 26: Crockers Well Uranium Field - Radiometrics
Crockers Weil Uranium Field - Radiomeirics Uranium penne we 0 i Ly Re * earanan omen snirarion yeanan Aspsaoa QO sesipest unver ADe LJ ‘tate oyng Bacon Inu cearesy at Micenal dt Basrgy Resources:
Slide 27: Scintillometer Survey Anomaly H
SRORDOE —AREDDOnE SREBHIME HENLE > Scinithameter Readieg 387 000mE 987000 E ISTO E 387 90ImE: BBPaCOME 387100ME ‘BBPSME ‘38TH ili. NORTH spo 15,000 Srate Projection: MGA, Gatun GDASS Grid Seaie ‘Counts Per Second (CPS) TBurvey Max = 31080ps] A000 fo 3450 CPS. S00 te 1000 CPS, 380 to 500 CPS 300 to 3
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Slide 29: Exploration Activities (November 2006)
Ulli lll TLl a TlCllldllddidddidlliid MMT Harcus £13968: Exploration Activities (November 2008). — Aiomaa naling Ge Cie ee SCE oo anietLanaTEM Sarvey Plannte own Mots Et, °) tutus @sineieech meee mun age saree Wong susangieg ress — "ne wus
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Slide 32: Disclaimer
Disclaimer. The inlomnation in iis i pEnIOHON 1S UblIShed 1 nem ee So oo neds Um : has been made jo provide ai cugie iroieoly Nye de aay Of Fepresenl ie decures ane ese ne aightio moke changes iol cl ony lime WilheLt Nowe. oy To Ihe exter permifed by law, Pepin) pi Mine cade cee ie on sil ey or obit
PepinNini Minerals — Shareholder Meeting (November 2006) on 6ix