Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — Conference Presentation (March 2007)
24 slides from Power Minerals's conference presentation, March 2007
Slide 1: Australian Uranium Projects
Australian Uranium Projects North Queensland Curnamona Province March 2007
Slide 2: Share Capital Details
Share Capital Details (12 March, 2007) z Listed on ASX April 2005 - Code PNN z 58,799,166 shares on issue (21,712,500 escrowed until 15 April, 2007) z 10,408,333 unlisted 20¢ options z Currently 1,500 shareholders z 63% of issued capital held by top 20 shareholders z Currently capitalised at A$86 mi
Slide 3: An Advanced Uranium Project covering 3,778 sq kms
An Advanced Uranium Project covering 3,778sq kms under 4 granted exploration licences and 1 exploration licence application
Slide 4: 26 additional known primary uranium prospects
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 5: Crocker Well Project
Crocker Well Project Curnamona Province 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 6: Crocker Well Project: Inferred JORC Resource
Crocker Well Project z Inferred JORC Compliant Resource of Curnamona Province 19,800,000 lbs of U3O8 using a cut-off 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 585t/annum U3O8 based o
Slide 7: Crocker Well Project: Costs and Cash Flow
Crocker Well Project z Estimated processing costs are Curnamona Province A$12.93/tonne (A$18.47/lb U3O8) South Australia z At the current U3O8 price of A$108.50/lb and an estimated mining and processing cost of A$29.52/lb the currently defined resource has the potential to generate a cash flow of A$
Slide 8: Strategic alliance with Sinosteel Corporation
Strategic alliance with Sinosteel Corporation to jointly develop the Uranium Project
Slide 9: A$11 million exploration and development budget
A$11 million budget over 2 years to explore and develop uranium prospects and investigate the non uranium potential of the tenements
Slide 10: Crocker Well GPS Grid – historic boreholes and shafts
Crocker Well GPS Grid – approximately 900 historic boreholes, 9 shafts
Slide 11: Geophysical calibration pits reinstated
Geophysical calibration pits reinstated
Slide 12: Historic cores preserved at PIRSA core library
Historic cores have been well preserved at PIRSA core library
Slide 13: Historic cores preserved at PIRSA core library
Historic cores have been well preserved at PIRSA core library
Slide 14: Historic cores preserved at PIRSA core library
Historic cores have been well preserved at PIRSA core library
Slide 15: Mullock heaps could provide bulk sample
Mullock heaps beside old shafts could provide bulk sample for metallurgical testing
Slide 16: Resource validation drilling in preparation
Resource validation drilling is in preparation
Slide 17: Geology Mt Victoria Deposit
Geology Mt Victoria Deposit Migmatised amphibolite Shaft Sheared biotite to chloritic material with davidite 0 40 Metres Drilling program is also designed to validate Mt Victoria Resource
Slide 18: Drilling program will investigate additional Resources
Drilling program will investigate potential additional Resources
Slide 19: Drilling program will investigate additional Resources
Drilling program will investigate potential additional Resources
Slide 20: Summary
Summary 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 outcrops ready to dri
Slide 21: Summary
Summary Uranium Project – South Australia z Has the potential to generate a cash flow of A$100 million per year based on producing 585t/annum (A$175 million per year based on producing 1,000t/annum) z Capital costs to establish the processing plant, mining contractor, waste disposal, water supply an
Slide 22: High Grade Gold & Uranium Tenements
High Grade Gold & Uranium 7 Tenements 900 sq.kms
Slide 23: North Queensland Project
North Queensland Project z Uranium occurrences which have been inadequately tested by 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 deposits similar to the n
Slide 24: Thank You
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 right to make changes t
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