Working Together to Develop Global Energy Resources

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Working Together to Develop Global Energy Resources

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These presentation materials ('the Presentation Materials') in respect of ... Scintillometer readings. Between 500 and 6,000 cps (Approx 500 6,000 ppm U3O8) ... – PowerPoint PPT presentation

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Title: Working Together to Develop Global Energy Resources


1
Working Together to Develop Global Energy
Resources
Investor Presentation
  • LSE BRM.L

2
Important 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
    you for your own information and may not be
    reproduced, further distributed to any other
    person or published, in whole or in part, for any
    purpose whatsoever. The distribution of the
    Presentation Materials in certain jurisdictions
    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.

3
Highlights
  • 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

4
Corporate
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
5
Corporate
Information current - July 2007
6
Corporate 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
7
Democratic 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

8
Democratic 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.

9
Democratic 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
10
DRC 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

11
DRC Proposed Exploration
Exploration Program
Incomplete stages
  • Estimated Expenditure
  • US 5 million Dec 07
  • US 10 million Dec 08

12
DRC 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

13
DRC 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

14
South African Prospects
Figure 1 Map of South Africa South African
prospects
15
Waterval
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
16
Waterval
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

17
Waterval
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

18
Waterval
Exploration Program
19
Uranium 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

20
Key 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

21
Contact 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
Investor Relations
Public Relations
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