Title: Working Together to Develop Global Energy Resources
1Working Together to Develop Global Energy
Resources
Investor Presentation
2Important Notice
- IMPORTANT NOTICE
- These presentation materials (the Presentation
Materials) in respect of Brinkley Mining Plc
(Brinkley or the Company) are being issued on
a strictly private and confidential basis to, and
only to persons of a kind (a) as defined in
paragraphs 12, 19, 48, 49, 50 of the Financial
Services and Markets Act 2000 (Financial
Promotion) Order 2005, or (b) in the United
States who qualify as an accredited investor,
qualified institutional buyer or qualified
purchaser under United States Securities laws or
an "accredited investor" under National
Instrument 45-106 in Canada, or (c) such other
persons who have professional experience in
matters relating to investments and who possess
the knowledge and experience in financial and
business matters that would enable such person to
evaluate the merits and risks of an investment
(Recipients). Those persons who do not have
such experience should not act upon or rely on
these Presentation Materials and should return
them to Brinkley.The Presentation Materials do
not constitute or form part of any offer for sale
or subscription or any solicitation for any offer
to buy or subscribe for any securities in the
Company nor shall they or any part of them form
the basis of or be relied upon in connection with
any contract or commitment whatsoever. The
Directors of the Company have taken all
reasonable care to ensure that the facts stated
herein are true to their best of their knowledge,
information and belief. Accordingly, neither the
Company, the Directors of the Company, the
shareholders of the Company nor any of their
respective agents or advisers makes any
representations or warranty in respect of the
contents of the Presentation Materials.
Prospective investors are encouraged to obtain
separate and independent verification of
information and opinions contained in the
Presentation Materials as part of their own due
diligence. Without prejudice to the foregoing,
neither the Company, nor its advisers nor its
representatives accept liability whatsoever for
any loss howsoever arising, directly or
indirectly, from use of this document or its
contents or otherwise arising in connection
therewith. - The Presentation Materials are being supplied to
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purpose whatsoever. The distribution of the
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may be restricted by law and therefore any person
whose possession they come should inform himself
about and observe any such restriction. By
accepting these Presentation Materials, the
Recipient warrants to Brinkley that it is
entitled to receive the Presentation Materials
under the laws of all relevant jurisdictions
which apply to it and that it has fully observed
such laws and obtained all governmental and other
consents which may be required there under and
complied with all necessary formalities to
receive the Presentation Materials and consents
to the other limitations set forth herein. The
Recipient further warrants to Brinkley that it
possesses the knowledge and experience in
financial and business matters that would enable
it to evaluate the merits and risks associated
with any investment that may be made in
connection with the Presentation Materials. - This presentation may contain certain
forward-looking statements with respect to
certain of Brinkleys plans and its current goals
and expectations relating to its future financial
condition, performance and results. By their
nature, all forward looking statements involve
risk and uncertainties that could cause actual
results to differ materially from those expressed
or implied by the forward looking statements
because they relate to future events and
circumstances which are beyond Brinkleys control
including among other things, global economic
business conditions, market related risks such as
fluctuations in commodity prices, interest rates
and exchange rates, initial operational risks,
changes in the economic, political or legal
regimes in which Brinkley operates, volatility of
prices, environmental factors, equipment failure,
as well as the impact of tax and other
legislation and other regulations in the
jurisdictions in which Brinkley and its
affiliates operate. As a result, Brinkleys
actual future financial condition, performance
and results may differ materially from the plans,
goals and expectations set forth in the forward
looking statements. Brinkley undertakes no
obligation to update the forward looking
statements contained in this presentation or any
other forward looking statements that it may
make. -
3Highlights
- June 2006
- Raised approximately 18.6 million (net of costs)
and admitted to trading on AIM market - October 2006
- Prospecting rights granted over Waterval area and
part of Rietkuil area - Gained first right of refusal for exploration and
development of any uranium projects in the DRC - January 2007
- Application submitted covering 5 prospective
uranium areas in the DRC - February 2007
- Prospecting rights over Waterval area and a
portion of Rietkuil area are notarised and
executed - April 2007
- Completion of radiometric survey on Waterval
concession - May 2007
- Commencement of drilling at Waterval concession
- July 2007
- Agreed framework and signed agreement with CGEA
detailing basis and conditions to explore and
exploit for uranium in DRC - Initial results from the Waterval
4Corporate
Directors
Management Team
Gerard Holden, Executive Chairman Donald Strang,
Executive Director Finance Rob Croll, Executive
Director Business Dev. Clayton Dodd,
Non-Executive Director Zodwa Manase,
Non-Executive Director Kiran Morzaria,
Non-Executive Director
Martin Hills, Exploration Manager, DRC Zac
Mashala, Projects Manager, DRC Eddy Ngarambe
Muzrai, Country Manager, DRC Danie Pretorius,
Exploration Manager, SA David Gould, Metallurgy
Processing Manager Thinus Jordaan, New Projects
Geologist, Africa Richard Jones, CSR Consultant
5Corporate
Information current - July 2007
6Corporate Structure
Brinkley Mining PLC
100
49
100
Brinkley Mining SA (Pty) Ltd
Western Uranium (Pty) Ltd
Brinkley Mining Project 4 Ltd
Brinkley Mining International Ltd
Brinkley Mining Project 6 Ltd
- Farming Land in Karoo (1 farm - Waterval)
- Project Management office (Johannesburg)
- Application lodged for uranium prospecting rights
- Strategic Partnership with CGEA -
- - Agreement to develop uranium deposits-75
interest - Border security control company in formation
- Prospecting rights in Karoo
- Waterval (all)
- Rietkuil (1 portion)
- Application lodged for uranium prospecting rights
Southern Sudan
DRC
South Africa
Chad
7Democratic Republic of Congo
- Strategic Partnership with CGEA
-
- Signed an agreement with the CGEA which sets out
the basis and conditions on which Brinkley Mining
and the CGEA will establish a joint venture
company - Company will explore for, and exploit uraniferous
deposits - 75 Brinkley 25 CGEA and DRC state
- Brinkley to assist CGEA in testing of mined
material for presence of radioactive substances
and nuclear material to prevent illegal export - The CGEA was represented by Professor Francois
Lubala Toto acting under the authority of His
Excellency the Minister of Scientific Research
and Technology
8Democratic Republic of Congo
Details of Partnership with CGEA
- The creation of a public limited liability
company - primary objective is the exploration,
exploitation, treatment and marketing of
radioactive and fissile materials - provide technical and financial assistance to
the CGEA for the control of radioactive mined
products - US 1.2 m - refurbishment of the reactor for
nuclear research - US 0.5 m - will cover the improvement of its
operations. - Board of Directors
- 5 Brinkley
- 2 CGEA.
- Chairman (CGEA)
- Managing Director (Brinkley)
- CGEA undertakes to guarantee, the right of
preference over any exploration for reserved
substances and associated minerals - CGEA shall procure any necessary approvals or
permits required for the development of any
exploration or mining perimeter containing
reserved substances.
9Democratic Republic of Congo
- DRCs resources are markedly under-explored
- 5 priority target areas have been identified for
immediate exploration focus in the Katanga
Province
Five Initial Areas Targeted
Kasompi
10DRC Target Areas
Shinkolobwe
- Located in the Katanga region
- Easily accessible via road from Likasi
- 39,000 metres of historic drilling
- The best known uranium deposit in the DRC
- Uranium producer from the 1920s to 1960s
- Open pit until 1944 underground until 1960
- Production from the mine was in excess of 65
million lbs U308 - Also rich in copper, iron, nickel and cobalt
- The mine was capped during the 1960s
- Shinkolobwe mine view looking north east
11DRC Proposed Exploration
Exploration Program
Incomplete stages
- Estimated Expenditure
- US 5 million Dec 07
- US 10 million Dec 08
12DRC Target Areas
Kalongwe
- A copper-cobalt deposit
- Located southwest of Kolwezi and 120 km west of
Shinkolobwe - Exploratory drilling and mine development
- mineralisation at 20m below surface
- gt1,000 ppm U308 maximum grade approx 10,000 ppm
Mindigi
- This deposit lies 36 km to the east of
Shinkolobwe and is a uranium-cobalt-nickel
deposit similar to Shinkolobwe - Historical drilling and trenching with grades up
to 30,000 ppm U3O8
13DRC Security
Border Control
- Brinkley will work with CGEA to conduct radiation
testing and certification of export materials to
restrict illicit export of radioactive material - Brinkley will receive a fee per unit certified
- A project implementation plan has been agreed
with CGEA - Objective is to have required controls operative
at a select number of border crossings in next 6
months
14South African Prospects
Figure 1 Map of South Africa South African
prospects
15Waterval
Key
Historic drill holes
WV_sandstone_K3_14
WV_sandstone_K3_13
Potential mineralised extent from geophysical
anomalies
Waterval project extent
Figure 2 Areas underlain by potential U3O8 and
Mo bearing sandstones on the Waterval prospect
16Waterval
Historical Exploration
not a mineral resource classification under any
modern resource classification standard
Exploration to Date
- Prospecting rights granted, executed and
notarised 13 February 2007 - Airborne Radiometric Survey March 2007
- Historic Hole Radiometric Survey 50 of 450
completed - Drilling
- Completed - 2,120 m / 27 holes
- Target 8,000 m
- Target Inferred Resource Q3 2007
17Waterval
Exploration Results to Date
- Three drill targets identified
- Exploration on primary target has identified
- 4 uraniferous channels
- 2 Mineralised horizons at approx 13 m and 45 m
below surface - Mineralised intersection
- thickness 0.30m to 2 m
- width approx 30m
- length 1,000 m open to NE
- Scintillometer readings
- Between 500 and 6,000 cps (Approx 500 6,000 ppm
U3O8) - Average 1,500 cps (Approx 1,500 ppm U3O8)
- Core dispatched for analysis to confirm U3O8 and
Mo
18Waterval
Exploration Program
19Uranium Market
- Currently 442 reactors operational
- Producing 16 of world power from 31 countries
- 22 plants under construction with a further 200
planned or proposed - 41,600 tonnes of production vs 66,500 tonnes of
demand - Secondary market heavily drawn down
- Supply Demand gap set to peak 2010 -2012
20Key Investment Highlights
Corporate
- Cash in hand c.US30m
- Experienced management team
DRC - Uranium Exploration
- Strategic partnership formed with CGEA
- Previous history of large amounts of rich uranium
production in the DRC - Resources in the DRC are under-explored and we
have targeted 5 areas for immediate exploration
DRC - Border Control
- Project implementation plan agreed
- Objective is to have controls operative in the
next 6 months
South Africa - Waterval
- Potential for around 10-21 million lb U3O8 and
6-11 million lb Mo - Exploration results encouraging
- Inferred resource targeted Q3 2007
21Contact Information
London Office
Level 5, 22 Arlington Street London SW1A
1RD Telephone 44 207 016 5108 Fax 44 207 016
5104 Email info_at_brinkley-mining.com Bruce
Stewart Email bruce.stewart_at_brinkley-mining.com
Parkgreen Media Telephone 44 207 851
7480 Website www.brinkley-mining.com
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