Investor Presentaiton
EASTERN TENEMENTS
•
•
EXPLORATION POTENTIAL
Recently upgraded resource increase by 66% - 2 months
from acquisition
Regional exploration target of 11-25Mt at between 380 and
1200 ppm U3Og for between 18-47MLb of contained U₂O on
Eastern Tenements¹
30 km of potentially mineralised strike
Drill ready targets - historical drilling shows numerous >
1,000ppm U30g intercepts associated with well defined paleo
channels.
Three priority regions - Yarramba, Jasons and Lawlors.
Early potential for resource definition
Regional scale assessment recently undertaken - Airborne EM
survey conducted to identify Tertiary palaeochannels with
brackish groundwater: prospective host for uranium
mineralisation
MPL 15
YARRAMBA
NOTRH
JASONS
LAWLOR
ML 109
[6109-Honeymoon
Advanced targeting model utilising numerical prospect
scoring system developed
U308%
0.03-0.05
0.05 -0.10
> 0.10
5km
Historical & Recent Drilling Intercepts
11
1The 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 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