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A Joint Venture The right people The right projects.

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Presentation on theme: "A Joint Venture The right people The right projects."— Presentation transcript:

1 A Joint Venture The right people The right projects

2  Introduction  Management…The Right People  Australian Exploration…The Right Projects  International Subsidiary…Crosscontinental  Capitalization  Summary September 17, 2007 London, England Rick Mark, Pres & CEO, Pancon U Bob Cleary, Chairman, Crossland U

3  Pancon U to contribute A$8 million to earn: 50% interest in Crossland’s interest in all Uranium properties in Australia  Crosscontinental Uranium Limited (50:50) To discover or acquire and develop Uranium deposits outside Australia The Joint Venture The International Subsidiary

4 The Right People Bob Cleary Chairman of Crossland, Consultant to Pancon  Joined Energy Resources of Australia (ERA) in 1986 as Operations Manager at Ranger  General Manager Operations at Ranger in 1989  CEO from 1999 to 2004 ERA’s Ranger Uranium Mine

5 The Right People Geoff Eupene Exploration Director of Crossland, Director of Pancon  Extensive Australian uranium experience spanning over 35 years  Expert in Unconformity Related Uranium Deposits (URD) such as Ranger and Jabiluka  Led the team that discovered the Ranger 68 deposit  Managed Resource Evaluation of the Ranger orebodies

6 The Right People David Mosher Director of Pancon  Led the team that discovered Jabiluka  President/CEO of High River Gold Mines Ltd.  Over 30 years of experience in Australia, Canada, the United States, Russia, Asia and Africa

7 The Right People Peter Walker Director of Crossland, Pancon  More than 30 years of experience in resource law  Significant experience in Australia’s Northern Territory land access and resource law  Advised on the Jabiluka and Ranger agreements

8 The Right People Bob Richardson Director of Crossland, Consultant to Pancon  Expert in uranium geophysics  More than 40 years of experience  Supervised all geophysical work during the Ranger discovery in the Alligator Rivers Uranium Field

9 Decades of Experience 1975: Geoff Eupene marking off lease applications 1975: Bob Richardson with PM Gough Whitlam at Jabiru after Ranger 1 discovery 1975: Geoff Eupene explains mineralization to Resources Minister Dr. Rex Paterson

10 The Right Projects All are located in mining friendly Northern Territory (NT) and South Australia (SA). NT SA

11 Chilling Project Located in the Northern Territory, South of Darwin

12 Chilling Project  Flagship project with promising untested uranium terrain  Prolific area mirrors the Jabiluka-Ranger- Koongarra Corridor (JRK) which contains: 300,000 tonnes U 3 O 8 Chilling Western Creek Lake Woods Baines Sylvester Australia’s Northern Territory: The Top End

13 Chilling Project  Targets are deposits similar to Jabiluka, Ranger and Koongarra  Covers 130 kilometre strike length of unconformity JRK Corridor strike length (40 kilometres)  Land package includes 1000 km 2 of granted titles and 800 km 2 of applications

14 Chilling Project  Sparsely tested with encouraging results so far Assays up to 0.395% U 3 O 8  Main target zone lies beneath sandstone cover Similar to deposits in West Arnhem Land and Saskatchewan, locations of the world’s richest Uranium deposits  Basement geology resembles Olympic Dam type mineralization

15 Chilling Project

16 Chilling Project: 130 k strike length

17 Chilling Project Exploration Status  Ground prospecting underway  Radiometric survey to commence in September quarter

18 Charley Creek Project Located in the Northern Territory, West of Alice Springs

19 Charley Creek Project  Radioactive Teapot Granite uranium target Visible secondary uranium mineralization on fractures with values up to 0.23% U 3 O 8  Titles cover extensive drainages and sediment basins downstream of the Teapot Granite Prospective for calcrete and sandstone redox-style deposits  Titles cover 704 km 2

20 Charley Creek Project

21

22 Charley Creek Project Exploration Status  Numerous Uranium targets identified  Airborne electromagnetic survey completed  Final report due  Drill permits in place

23 Kalabity Project Located in South Australia, West of Broken Hill

24 Kalabity Project  Titles cover part of the Curnamona Craton Host to Radium Hill, Honeymoon and Crockers Well  Uranium mineralization outcrops show: Radium Hill similarities Prospective calcrete deposit targets  Scant testing and widespread evidence of uranium and base metals  Olympic Dam style targets for base metals and gold identified

25 Kalabity Project

26 Kalabity Project – Uranium in calcrete Olympic Dam style target

27 Kalabity Project – Copper in calcrete Olympic Dam style target

28 Kalabity Project KR4 target shows strong radiometrics at surface

29  Airborne radiometric survey completed  Initial auger drilling program completed  Over 1000 samples being assayed Kalabity Project Exploration Status

30 Crosscontinental Uranium  The JV partners have established a private Canadian company, Crosscontinental Uranium Ltd., which is owned and financed on a 50:50 basis.  It’s mandate is to explore for Uranium outside Australia.  Applications are submitted for exploration in Burkina Faso, West Africa. Extensive exploration program planned.

31 Crosscontinental Uranium Burkina Faso European Development Fund 2003 Mineral Potential Study - Uranium

32 Pancontinental Uranium Corp. PUC:TSX V Shares Outstanding49,806,492

33 Crossland Uranium Mines Ltd. CUX:ASX Shares Outstanding114,217,770

34 Unparalleled uranium experience Highly prospective land package Exploration, financing and operating expertise Global focus

35 www.panconu.com TSXV: PUC www.crosslanduranium.com.au ASX: CUX


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