Investor Presentaiton
WESTERN TENEMENTS
EXPLORATION POTENTIAL
54 km potentially mineralised strike
Exploration target of 21-53Mt at between 480 and 1400ppm U308
for between 24 and 53MLB of U3O²
Previously defined grade estimates in the Retention Leases
Validation and resource estimation underway
Some 300 drillholes drilled in recent years to be incorporated for the first
time
Goulds Dam / Billeroo system underrated:
-6540000mN
-6520000m
Lake Constance
Region
12 km strike length
Under drilled
Highly prospective ground
EL5043 has pegmatite hosted mineralisation up to 3.5% U3O (grab
sample)
Broader Exploration licence under application
-
Potential for new paleochannels
Along trend of mineralised fluids
-6500000m
-6480000mN
E15/43
Spring Hill
(pegmatite grab sample
returned 25,5000 ppm U.
1.1% La & 0.75% Ce
380000 ME
400000E
420000m
E2014/239
Box Dam
Region
E2014/240
Northern Billeroo
Palaeovalley
R183-190
Southern Billeroo
Palaeovalley
Lake Mary Dam
Region
Telechie Main Dami
Region
Massively under explored
Grades of up to 1% еU3O8 reported from historical drilling (1960
EAR19)
-6460000mN
10km
2The Exploration Target is conceptual in nature as there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will result in the determination of a Mineral
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Resource under the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, the JORC Code" (JORC 2004). The Exploration Target is not being reported as part of
any Mineral Resource or Ore Reserve.View entire presentation