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Investor Presentaiton

JORC Resource Table MARENICA ENERGY LIMITED Cut-off Total Resource Deposit Category (ppm Tonnes U308 U308 V₂O5 U30g) (M) (ppm) (Mlb) (ppm) V205 Marenica Tonnes (Mlb) Holding (M) (ppm) (Mlb) (ppm) (Mlb) Marenica Share U308 U308 V₂O5 V₂O5 Australia 100% Holding Angela Pamela JORC 2004 Inferred 300 Thatcher Soak JORC 2012 Inferred 150 10.7 11.6 1,310 30.8 100% 10.7 1,310 30.8 425 10.9 100% 100% Held Resource Total 22.3 850 41.7 100% 11.6 22.3 425 10.9 850 41.7 Australia - Joint Venture Holding Bigrlyi Deposit Indicated 500 4.7 1,366 14.0 1,303 13.4 1,303 2.8 Inferred 500 2.8 1,144 7.1 Bigrlyi Total JORC 2004 Total 500 7.5 1,283 21.1 1,022 1,197 6.3 19.7 1,022 1.3 20.82% 1.55 1,283 4.39 1,197 4.1 Walbiri Joint Venture Joint Venture 100% EME Inferred 200 5.1 636 7.1 22.88% 1.16 636 1.63 Inferred 200 5.9 646 8.4 Walbiri Total JORC 2012 Total 200 11.0 641 15.5 Bigrlyi Joint Venture Sundberg JORC 2012 Inferred 200 1.01 259 0.57 Hill One Joint Venture JORC 2012 Inferred 200 0.26 281 0.16 20.82% 0.21 20.82% 0.05 259 0.12 281 0.03 Hill One EME Karins JORC 2012 Inferred 200 0.24 371 0.19 JORC 2012 Inferred 200 1.24 556 1.52 20.82% 0.26 556 0.32 Malawiri Joint Venture JORC 2012 Inferred 100 0.42 1,288 1.20 23.97% 0.10 1,288 0.29 Joint Venture Resource Total Australia Total 21.6 847 40.2 1,197 19.7 3.34 923 6.77 1,197 4.1 43.9 848 81.9 1,197 19.7 25.6 859 48.4 1,197 4.1 Namibia Marenica JORC 2004 Indicated 50 Inferred MA7 JORC 2004 Inferred 555 26.5 110 6.4 50 249.6 92 50.9 50 22.8 81 4.0 Namibia Total 298.9 93 61.3 TOTAL 75% 19.9 110 4.8 75% 187.2 92 38.2 75% 17.1 81 3.0 224.2 93 46.0 94.4 15
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