Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (May 2021)
23 slides from Devex Resources's investor presentation, May 10, 2021
Slide 1: Exploring in Australia's Discovery Hotspots
EXPLORING IN AUSTRALIA’S For personal use only DISCOVERY HOTSPOTS Investor Presentation May 2021 ASX : DEV
Slide 2: Important Information
For personal use only Important Information Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking statements”. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such s
Slide 3: Exploring in Australia's discovery hot-spots
Julimar Complex, WA (Earn-In and 100% Tenements) Exploring in Australia’s • New high-grade palladium-nickel discovery by Chalice Mining Ltd demonstrates enormous potential for the region. discovery hot-spots For personal use only • Exploration underway at Sovereign Project - underlying mafic-ultrama
Slide 4: Led by an invested and highly motivated team
Led by an invested and highly Supported by an experienced motivated team… technical team and board • Industrial Chemist with extensive experience For personal use only in the uranium industry. • Experienced in the technical evaluation, construction and operation of projects in various commodities. B
Slide 5: Upside Potential: Capital Structure and Major Shareholders
Upside Potential: Exploring on untouched ground within proven mineral regions for maximum growth impact For personal use only Capital Structure Major Shareholders Shares 283M Tim Goyder (Chairman) 19% Options 15.5M Top 20 44% Market Cap $69M (at 24.5c) Cash1 $10.35M Assets PhosEnergy Limited (8.8%):
Slide 6: Julimar Complex Nickel-Copper-PGE
Julimar Complex For personal use only Nickel-Copper-PGE WESTERN AUSTRALIA PERTH Sovereign Project Developing a strategic position within a new exploration hot spot Drilling for nickel-copper-platinum group element (PGE) deposits
Slide 7: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region • Recent high-grade palladium and associated nickel-copper- For personal use only platinum group elements (Ni-Cu-PGE) discovery by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region. • Sovereign Project is l
Slide 8: Sovereign Nickel-Copper-PGE Project: Major exploration campaign underway
Sovereign Nickel-Copper-PGE Project: Major exploration campaign underway For personal use only • Maiden broad-spaced air-core drilling has defined extensive elevated palladium, platinum (Pd+Pt) and copper (Cu) associated with a differentiated mafic- ultramafic intrusion. • A new +1km long Pd+Pt soil
Slide 9: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Wilga Downs Project Junee Project Basin Creek Project Wilga Downs Project SYDNEY Basin Creek & Large scale gold and copper-gold potential, tightly held by major miners Junee Projects Encouraging early drilling campaigns
Slide 10: Cobar Gold-Base Metal Projects
Cobar Gold-Base Metal Projects: DevEx further strengthens NSW portfolio New discovery opportunities within the highly prospective Cobar For personal use only mining region, western Lachlan Fold Belt. 1. Wilga Downs Gold-Base Metal Project • Earn-In Agreement with Thomson Resources Ltd (TMZ), to earn
Slide 11: Wilga Downs Project: Significant Off-Hole Conductor
Wilga Downs Project: Significant Off-Hole Conductor adjacent to mineralisation For personal use only • Cobar type magnetic-gravity anomaly located on the prospective fault contact between Cobar Supergroup and Girilambone Group. • Priority target is similar to other gold-polymetallic Cobar deposits:
Slide 12: Wilga Downs Project: Further exploration underway to test 'near miss'
Wilga Downs Project: Further exploration underway to test ‘near miss’ For personal use only Semi massive pyrrhotite with chalcopyrite from 551.6m (Hole 20WD001). Gold mineralization is also associated with the copper. Diamond drilling planned to target the significant off-hole conductor (Conductor A
Slide 13: Central Lachlan Fold Belt Region
Central Lachlan Fold Belt Region: DevEx has built a sizeable portfolio amongst mining majors For personal use only 1 A world-class gold, copper-gold Belt Host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd) as well as several largescale gold deposits including Cowal Gol
Slide 14: Junee Project: Underexplored southern extension of the Macquarie Arc
Junee Project: Underexplored southern extension of the Macquarie Arc For personal use only • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite) contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrusions2. •
Slide 15: Junee Project: Testing priority Nangus Road Porphyry Cu-Au Target
Junee Project: Testing priority Nangus Road Porphyry Cu-Au Target For personal use only Nangus Road: • +2 km magnetic anomaly shows similarities to Ordovician Cu-Au Cooba Monzonite to the north. • 1st drill hole intersects altered monzonite with trace copper Billabong Creek sulphides associated with
Slide 16: Basin Creek Project: +3.5km gold system at Main Ridge
Basin Creek Project: +3.5km gold system defined at Main Ridge Prospect For personal use only • Large-scale, continuous system of gold-in-soil anomalies, +3.5km in length at the Main Ridge Prospect. • 14 reconnaissance RC/Diamond drill holes completed – first pass exploration to test large gold syste
Slide 17: Nabarlek Project Uranium, Copper-Gold
Nabarlek Project For personal use only Uranium, Copper-Gold NORTHERN TERRITORY High-grade uranium-copper-gold opportunity in a proven uranium system DevEx well positioned to benefit from an improving uranium market
Slide 18: Major uranium asset in Australia's highest grade uranium province
Major uranium asset in Australia’s highest grade uranium province For personal use only The Alligator Rivers Uranium Province (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources). • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8). • Significant potential exists
Slide 19: The Nabarlek Deposit: Significant Target - Near-Mine Exploration
The Nabarlek Deposit : Significant Target - Near-Mine Exploration For personal use only • Nabarlek Uranium Mineralisation – Significant Concentration of Uranium Mineralisation • Near-mine exploration within the existing mining lease targeting extensions to the Nabarlek Uranium Deposit • Numerous his
Slide 20: Next Steps: Planned timeline to drill
Next Steps: Planned timeline to drill 2021 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 For personal use only Sovereign Project, Julimar Complex, WA • Expanded air-core (AC) drilling program on eastern side of Complex • Maiden drilling program on western side of Complex • Ground EM – Follow-up of AC re
Slide 21: DevEx Strategy
DevEx Strategy For personal use only 1 Leveraged for Upside DevEx Projects are unconstrained by historical exploration and any discovery success will have a profound impact. 2 Unexplored Exploring newly recognised extensions of Australia’s most promising mineral belts on previously untouched ground.
Slide 22: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slide 7-8: 1. Chalice Gold Mines Limited (ASX:CHN) ASX announcement “High-Grade Ni-Cu-Pd Sulphide Intersected at Julimar” on 23rd March 2020 and “High-grade Ni-Cu-PGEs confirmed in discovery zone at Julimar” on 25th Ma
Slide 23: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic