Presentation: Bannerman Energy - 121 Mining Investment Cape Town Feb 2024

Bannerman Energy Ltd is a uranium development business listed on the Australian and Namibian stock exchanges and traded on the OTCQX Market in the US. Its flagship asset is the advanced Etango Uranium Project located in the Erongo Region of Namibia.

Etango has benefited from extensive exploration and feasibility activity over the past 15 years. The Etango tenement possesses a globally large-scale uranium mineral resource. In December 2022, a Definitive Feasibility Study was completed on the Etango-8 Project, confirming to a definitive-level the strong technical and economic viability of conventional open pit mining and heap leach processing of the Etango deposit at 8Mtpa throughput (for an average annual output of 3.5 Mlbs U3O8).

Etango’s advanced credentials are further highlighted by the construction and multi-year operation of the Etango Heap Leach Demonstration Plant, which comprehensively de-risked the conventional acid heap leach process to be utilised on the Etango ore.

All environmental approvals have been received for the proposed Etango mine and external mine infrastructure, based on a 12-year environmental baseline. Bannerman was awarded the Mining Licence for Etango in December 2023 and is progressing all key project workstreams towards a targeted positive Final Investment Decision in parallel with strengthening uranium market fundamentals.

Primary ticker: ASX:BMN, OTCQX:BNNLF
Stage of development: Development
Primary minerals: Uranium
Project to promote: Etango Uranium Project
Project location: Namibia
Website: www.bannermanenergy.com

This was recorded at our 121 Mining Investment Cape Town event from 5-6 February 2024. For more information about the event and those who participated, click here: https://www.weare121.com/121mininginv...