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Investor Presentation 

June 2011

Disclaimer 

� The information contained in this presentation has been prepared by Oklo Resources Limited (Oklo). It has not been fully verified and is 

subject to material updating, revision and further amendment. 

� While the information contained herein has been prepared in good faith, neither Oklo nor any of its shareholders, directors, officers, 

agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or 

in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other 

written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as 

"Information") and liability therefore is expressly disclaimed. Accordingly, neither Oklo nor any of its shareholders, directors, officers, 

agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, 

contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions 

contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. 

� Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to 

proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In no 

circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or 

investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the 

recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this 

Presentation which may become apparent. 

� This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, 

officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent 

assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any 

estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and 

assumptions and each recipient should satisfy itself in relation to such matters. 

� This Presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other 

than statements of historical facts, that address future activities and events or developments that Oklo expects, are forward-looking 

statements. Although Oklo believes the expectations expressed in such forward-looking statements are based on reasonable 

assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from 

those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking 

statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. 

Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may 

differ materially from those projected in forward-looking statements.

Board and Management 

� Mr Peter Meagher (Executive Chairman) – B.Com., B.Econ., 

CPA. 

� Mr James Henderson (Non-Exec. Director) – B.Com., CA. 

� Mr Neil McLachlan (Non-Exec. Director) – B.Sc (Hons) 

� Mr Marshall Auerback (Non-Exec. Director) – BA, MA. 

� Mr Alan Boys (Company Secretary) – B.Com., CA.

Capital Structure 

Shares on Issue (ASX:OKU) 165,500,225* 

Unlisted Options ≈ 9.5m 

Shareholders ≈ 550 

Top 20 70.75% 

*Includes issue of 20m shares to acquire Mali gold projects.

Significant Shareholders 

� Pinetree Resource Partnership 

� Dr. Madani Diallo 

� Geiger Counter Ltd. 

� Cape Lambert Resources Ltd. 

� Humboldt Capital Corporation 

� Company Directors.

Boutounguissi South & 

Aourou Gold Projects 

Areas of Interest – Mali 

Kidal Uranium Project 

Samit Phosphate Project

Oklo Mali Gold 

A NEW GOLD OPPORTUNITY IN 

WESTERN MALI

Projects: Mali Gold 

� The project area covers 

approximately 251 km 2 of 

prospective Birimian greenstone 

geology in two granted concessions. 

� Exploration expenditure of over 

$USD800,000 has been incurred to 

date including RC drilling of 301 

holes at depths varying from 25 to 

150m with significant intersections 

discovered. 

� Strong, consistent soil geochemical 

sampling (1180 samples) has 

identified extensive gold anomalous 

zones. 

� The two concessions are located near to established infrastructure and close to 

existing mines.

Projects: Mali – 

Boutounguissi South 

� Surface area of 59.68km² located 

towards the Mali / Senegal / Mauretania 

borders and near to established 

infrastructure and existing mines. 

� Covers important greenstone belt 

geology that elsewhere within the same 

mineralised structural corridor, hosts 

millions of ounces of gold. 

� Located on the Senegalo-Malian fault like 

Sadiola (14 million ounces), Yatela (2.5 

million ounces), Loulou (Gara – 5 million 

and Yalea – 2-3 million ounces) and in 

Senegal: Sabodala (1.5 million ounces). 

� Previous exploration works: Regional 

and detailed soil geochemical sampling, 

trenching, geological mapping, magnetic 

survey, RC drill testing.

Projects: Mali – Boutounguissi South 

Western Block 

Central Block 

Nreilat Anomaly 

Eastern Block 

Soil geochemistry showing the three gold target areas on the Boutounguissi Concession


� RC Drilling of 9,883m – 301 holes with depths varying from 25 

to 150m. 

� The following intersections were identified: N2-39 – 4m@3.7 

g/t; N11-25 – 10m@1.8 g/t; NC1 – 12m@1.2 g/t; NC2 – 

16m@1.8 g/t; NN2 – 14m@1.0 g/t; NC7 – 12m@2.7 g/t. 

� Gangue minerals – quartz rarely calcite; 

� Ore mineral – sulfide and gold 

� Sulfides (less than 2%): mainly pyrite with scarce to very scarce 

arsenopyrite, galena, covellite, bornite, chalcosine, panabase 

(fahlore)


Drilling sections showing geology and gold intercepted at the Nreilat Anomaly


� Two types of Gold were described: Very fine grained 

gold – 1 st generation (


Further Exploration Program: 

� satellite imagery, 

� regional and detailed soil and rock geochemistry 

sampling, 

� geological and structural mapping, 

� ground mag and IP geophysics, 

� trenching and RC (10,000m to 15,000m) and; 

� diamond drill (3,000 m to 5,000m) testing.

Projects: Mali - Aourou 

� Surface area of 182 km² 

� Regional soil and geochemical sampling has defined 

five targets around high to moderate gold values 

(from 19 – 2,401 ppb). 

� A window extending over 10 km x 8 km is proposed 

for detailed exploration. 

� Further Exploration: satellite imagery, regional and 

detailed soil and rock geochemical sampling, 

prospect and structural mapping, ground geophysics 

(man and IP), follow up trenching and drill testing.

Oklo Mali Phosphate 

Samit Project (formerly Tatteul)

Projects: Mali - Samit 

� Located in NE Mali near the 

Niger River and town of Gao. 

� Through its wholly owned 

Malian subsidiary La Société 

Oklo Uranium Limited Mali 

Sarl, Oklo has been granted a 

Convention for the exploration 

and mining of Phosphate and 

other Group 2 minerals under 

the Malian mining code for a 

term of 30 years and covering 

an area of 530km 2 . 

� Phosphate-bearing Eocene 

beds occur extensively 

throughout the project area 

forming contiguous outcrop 

over 180km.

Projects: Mali – Samit

Projects: Mali – Samit (formerly Tatteul) 

� Area of recent 

exploration where 

a deposit has 

been identified 

� Phosphatebearing 

Eocene 

beds continue to 

surface and are 

expected to occur 

at shallow depths 

“down dip” in the 

central and SE 

areas.

Projects: Mali – Samit (The “Plateau Deposit”) 

� Work completed in January 2010 

discovered a discrete phosphate 

deposit ranging in potential tonnage 

from 10 million – 20 million tonnes 

with a grade of around 20% P 2O 5 

(terminology used in accordance 

with the JORC code). 

� A series of pits exposed the 

phosphate beds where they were 

not occurring at the surface. 

� The “Plateau Deposit” covers an 

area of 9 km 2 and is up to 1.9m 

thick with grades up to 31% P 2O 5.

Results of an independent scoping study 

(GEOS Mining Consultants): 

� Recommend further development 

Projects: Mali - Samit 

� Confirm “Plateau Deposit” potential of b/n 

10Mt and 20Mt tonnes at 20% P 2O 5; 

� Confirm additional resource potential within 

the broader project area; 

� Confirm local market for phosphate 

fertiliser sales; 

� Estimate base case production scenario of 

150,000 tonnes per annum with CAPEX of 

+/- AUD17.5m.

Projects: Mali - Samit

Global Phosphate Industry 

� Phosphate rock is the primary source 

for phosphorus – one of three 

elements critical to plant growth 

(along with nitrogen and potassium). 

� 90% of phosphate mined is used in 

fertilisers. 

� Other uses include animal feed 

supplements, food preservatives, 

anti-corrosion agents, cosmetics, 

fungicides, ceramics, water treatment 

and metallurgy. 

� There is no substitute for phosphorus 

in agriculture. 

� Phosphate from mineral deposits is 

the only source of phosphate used in 

the manufacture of fertilisers. 

� Phosphate rock is a non-renewable 

resource. 

Tunisia 

4% 

1 International Monetary Fund 

2 U.S Geological Survey 2011 

Rock Phosphate Monthly Price 1 

Jordan 

3% 

Russia 

6% 

World Mine Production 2010 2 

Morocco 

& Western 

Sahara 

15% 

Other 

20% 

China 

37% 

United States 

15%


Economic and Potentially Economic Phosphate Deposits of the World 1 . 

1 IFDC World Phosphate Rock Reserves and Resources Presentation, 2010


� Growth in demand for 

phosphate to stem 

from: 

◦ Global population 

growth 

◦ Global rise in income 

◦ Demand for bio-fuels 

◦ Decreasing supply of 

arable land creating a 

need for increased 

yields 

◦ Higher fuel costs 

creating a need for 

greater efficiency. 

Trends in Total Fertiliser Consumption 

(Millions of Metric Tonnes of Nutrients) 1 

1 Centre for Strategic and International Studies 2010

Oklo Mali Uranium 

Kidal Project

Projects: Mali - Kidal 

� A 53,534 line kilometre Airborne geophysical survey 

undertaken in 2008 identified numerous prospective 

uranium targets and confirmed “Namibian” potential 

at the Kidal project. 

� Two three-year exploration conventions were 

subsequently granted covering a total area of 7,980 

km 2

Project: Mali – Kidal

Project: Mali – Kidal 

Results for the southern half of the Kidal project 

independently evaluated by Southern Geoscience, 

shows widespread elevated uranium and specific 

uranium targets that warrant drill testing. 

� Widespread elevated uranium across Pan- 

African granites and Cambrian volcanosedimentary 

sequence – numerous uranium 

type targets. 

� Elevated uranium along veins Jáchymovtype 

uranium targets. 

� Elevated uranium in (Fossil) drainages – 

Langer Heinrich-type uranium targets. 

� Elevated uranium in pegmatitic phases 

within granitic ring complexes. 

�Blue = Uranium 

�Green = Thorium 

�Red = Potassium

Project: Mali – Kidal 

Initial results for the northern half of the Kidal 

project area prove positive and confirm continuation 

of widespread uranium anomalism. 

� Elevated uranium responding to pegmatitic 

phases within granites Rössing type targets. 

� Elevated uranium in vein systems in 

northern area. 

� Elevated uranium in drainage system rise 

from areas with high uranium backgrounds. 

� Elevated uranium across a broad area 

continuing strongly from the south. 

�Blue = Uranium 

�Green = Thorium 

�Red = Potassium

Australia: Rare Earths & 

Phosphate 

Killi Killi South & Burke River Projects

Projects: Rare Earths – Killi Killi South 

� Oklo’s Killi Killi South project is adjacent to Orion Metals 

(ASX:ORM) Killi Killi Rare Earths Prospect and is 

located on the Northern Territory Side of the W.A / N.T 

border. 

� In Sept. 2010, Orion announced high grade heavy rare 

earths elements (HREE), uranium and gold results from 

a reconnaissance rock chip programme conducted on 

their tenements. 

� Subsequently, Orion announced that the HREE 

mineralisation at Killi Killi is indicative of hydrothermal 

activity. 

� Oklo considers that such hydrothermal activity is most 

likely related to the intrusion of Proterozoic granites into 

the Archaean Killi Killi beds, which occur in the vicinity.

Projects: Rare Earths – Killi Killi South 

� Intrusive granite occurs below shallow subcropping 

Killi Killi Beds in Oklo’s project area. 

� Based on the current understanding of Orion’s 

HREE mineralisation, the Killi Killi Beds in proximity 

to this granite, constitute a high priority target. 

� Oklo intends to carry out an airborne geophysical 

survey over the entire 144km 2 Killi Killi South 

project area in Q1 2011. 

� Resulting high resolution magnetic data and 

radiometric data will be used to identify rare earths 

structures and targets for follow up ground work.

Projects: Phosphate – Burke River 

� The Burke River project is located near Mt 

Isa, Queensland. 

� Phosphate is currently mined at Phosphate 

Hill, approximately 30km south of Burke 

River. 

� Originally selected for its Uranium potential 

(both surfical and phosphate related types), 

GEOS undertook a review of the potential of 

this tenement hosting phosphate and 

recommended further exploration. 

� Further exploration to be undertaken.

Australia: Mithril 

Resources Ltd JV 

Harts Range Project

Projects: Harts Range Joint Venture 

� Oklo Holds two permits in the Harts Range 

region (NT), namely EL 25451 and EL 25453, the 

non-uranium rights to which were the subject of a 

farm out to Mithril Resourced Ltd (ASX: MTH) in 

January 2008. 

� Mithril is a base metal explorer with a highly 

experienced team that combines advanced 

technology with traditional exploration to deliver 

success in frontier (greenfield) areas. 

� Mithril has conducted a highly successful 

exploration campaign on the Oklo-Mithril ground 

and has satisfied its spend commitment to earn 

its initial 60% equity of the project.

Projects: Harts Range Joint Venture 

Harts Range JV (Oklo 40%) 

Emerging mineral province 

Drilling planned for 2011

Mithril Resources Huckitta Project 

Harts Range JV 

Surface Rock Chip Samples 

Harts Range JV (Oklo 

40%, Mithril 60%).

Tibbs Gold Prospect (Oklo 40%) 

Mithril Planned Drilling Program 

� Tibbs Gold 

Prospect – Au 

over 3km strike 

to 13.9g/t. 

� Detailed 

shallow drilling 

planned for 

2011.

Blackadder & Baldrick (Oklo 40%) 

Nickel Prospects 

Satellite Image

Short Term Strategy 

� Recommence drilling and other 

exploration work on the Mali gold 

projects. 

Short – Medium Term Strategy 

� Carry out further exploration on the Samit 

phosphate project with the intention of 

sufficiently developing tonnage and grade to 

create a JORC resource.

Longer Term Strategy 

� Follow up aerial survey targets and develop an 

exploration programme at the Kidal uranium 

project. 

Other 

� Maintain 40% interest in the Mithril/Oklo joint 

venture. 

� Complete aerial survey of Killi Killi South rare 

earths and determine future strategy 

� Look to divest Burke River phosphate project or 

arrange a farm in.

Contact 

Registered Office: 

Ground Floor East, 47 Stirling Highway 

Nedlands, WA, Australia, 6009. 

ASX Code: OKU 

Telephone: +61 8 9386 4003 

Facsimile: +61 8 9386 3004 

Website: www.oklouranium.com 

Peter Meagher – Executive Chairman: 

peter.meagher@bigpond.com 

Alan Boys – Company Secretary: 

aboys@duboisgroup.com.au

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