| Project |
Overview |
Mining Method/
Deposit Type |
Outlook |
Resources |
| Uranium Production |
*Langer Heinrich Mine - 100%
(Namibia, Southern Africa) |
The Company’s cornerstone asset commenced production in 2007. The Stage 3 expansion is complete with production at 5.2Mlb per annum (pa). Studies are underway for a further expansion to 10Mlb pa. |
Conventional open pit; calcrete |
Project life in excess of 20 years |
M&I (inc stockpiles) |
127.3Mt @ 0.053% (147.8Mlb U3O8) |
| Inferred: |
18.5Mt @ 0.06% (24.1Mlb U3O8) |
*Kayelekera Mine - 100%
(Malawi, Southern Africa) |
Paladin’s second operational uranium mine announced commercial production in July 2010. Producing near 3.3Mlb pa nameplate. |
Conventional open pit; sandstone |
Exploration to identify additional resources for mine life extension |
M&I (inc stockpiles) |
17.5Mt @ 0.08% (30.4Mlb U3O8) |
| Inferred: |
5.4Mt @ 0.06%
(7.5Mlb U3O8) |
| Uranium Development |
*Aurora Project - 100%
(Labrador, Canada) |
Paladin’s first entry into Canada. Resource definition and additional exploration will commence in the second half of 2012. |
Open pit - underground; metasomatic |
Resource definition and extension drilling to commence |
M&I:
|
40.2Mt @ 0.09% (83.8Mlb U3O8) |
| Inferred: |
29.1Mt @ 0.08% (53.0Mlb U3O8) |
**Manyingee Project - 100%
(Western Pilbara, Western Australia) |
Resource definition and extension drilling has been planned and expected to commence in the September 2012 quarter. |
In-situ leach; sandstone |
3 year staged feasibility study required |
M&I: |
7.9Mt @ 0.102% (17.8Mlb U3O8) |
| Inferred: |
5.5Mt @ 0.05%
(6.2Mlb U3O8) |
Oobagooma Project - 100%
(West Kimberley, Western Australia) |
A key pipeline asset for Paladin. |
In-situ leach; sandstone |
3 year reserve/
resource drilling required |
Exploration target: |
8.0Mt @ 0.12%
-0.14% U3O8 |
*Valhalla, Skal & Odin Deposits – 91.04%
(Queensland, Australia)
|
Paladin’s primary Australian asset advancing towards future production. A large effort is being made to expand the current resource, continue environmental studies and move towards a Feasibility Study. |
Open pit - underground; metasomatic |
Development dependent on Queensland Government U Policy changes |
M&I: |
57.2Mt @ 0.07% (93.7Mlb U3O8) |
| Inferred: |
16.3Mt @ 0.06% (22.0Mlb U3O8) |
*Bigrlyi Deposit - 41.71%
(Northern Territory, Australia) |
Drill planning in progress to expand resources within the JV tenements. Cooperative arrangement to assess nearby regional targets. |
Open pit - underground; sandstone |
Mining and engineering studies underway. Additional drilling to expand resources planned |
M&I: |
4.7Mt @ 0.14%
(14.1Mlb U3O8) |
| Inferred: |
2.8Mt @ 0.11%
(7.1Mlb U3O8) |
*Angela Deposit - 50%
(Northern Territory, Australia) |
Planning is underway for resource extension and development drilling. |
Open pit - underground; sandstone |
Future direction of project to be determined by the JV partners |
Inferred: |
10.7Mt @ 0.13% (30.8Mlb U3O8) |