Devex Resources Ltd · ASX:DEV
Devex Resources — Bell Potter Unearthed Conference 2025
22 slides from Devex Resources's conference presentation, Feb 12, 2025
Slide 1: Positioned for growth in the resurging uranium sector
For personal use only Positioned for growth in the resurging uranium sector Bell Potter Unearthed Conference 12 February 2025 ASX: DEV
Slide 2: Important Information
Important Information Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, • “High Priority Uranium Tenements Granted North of Nabarlek Mine, NT” released on 12 February 2025; ‘estimates’, ‘targets’, ‘expec
Slide 3: About DevEx Resources
For personal use only About DevEx Resources Rare ASX-listed uranium Aligned to benefit from a strong Dual strategy to explore and opportunity – permitted and uranium market with grow - experienced and proven exploring in Australia’s prime unprecedented demand forecast for team with an aggressive gro
Slide 4: Well-funded and led by a proven team
Well-funded and led by a proven team Board and Management Capital Structure Shares 441.69M For personal use only Tim Goyder Chairman Mining executive with 40+ years of mining experience and a strong track record of successful investment and value creation for shareholders. Chairman of Liontown Optio
Slide 5: Why uranium? Our assets are aligned with a strong resurgence
Why uranium? Our assets are aligned with a strong resurgence Uranium Supply Demand (Upper Scenario) Uranium Price For personal use only $120 Feb 24: 16-year price $100 high US$107 $80 $60 $40 $20 $0 2019 2020 2021 2022 2023 2024 2025 A growing supply shortfall – forecast to …Driving a strong uranium
Slide 6: Fuelling the Future: Uranium's role in the AI-driven data centre boom
Fuelling the Future: Uranium’s role in the AI-driven data centre boom Unprecedented demand: Driven by Energy-hungry: Rapidly accelerating need Uranium: A carbon-free solution for increasing AI and digital adoption. for stable power sources for data centres. growing energy demands For personal use on
Slide 7: DevEx's Exploration Portfolio – Building a Clean Energy Portfolio
DevEx’s Exploration Portfolio – Building a Clean Energy Portfolio For personal use only Nabarlek Nabarlek Uranium Project North-Western McArthur Basin, Murphy West Northern Territory (100%) Kennedy Jimblebar Murphy West Uranium Project Southern McArthur Basin, Northern Territory (Earning-in) Uranium
Slide 8: Giant high-grade unconformity-type uranium deposits: Found in only two regions
Giant high-grade unconformity-type uranium deposits: Found in only two regions of the world DevEx’s Exploration Strategy Replicate the success of the Athabasca Basin and leverage DevEx's position as the dominant uranium explorer in the McArthur Basin, powered by a resurging uranium price For persona
Slide 9: Nabarlek Uranium Project
For personal use only Nabarlek Uranium Project Northern Territory, 100%
Slide 10: Nabarlek Project – Alligator Rivers Uranium Province
NABARLEK PROJECT Alligator Rivers Uranium Province For personal use only Brownfield exploration centred on the historical Nabarlek Uranium Mine – Australia’s highest-grade uranium mine: Production History: 24 Mlbs @ 1.84% U3O8 DevEx holds a dominant ground position of ~6,200km2. Exploring the Nabarl
Slide 11: Recent focus on two uranium bearing fault zones
NABARLEK PROJECT Recent focus on two uranium bearing fault zones Nabarlek Fault Corridor For personal use only Hosts the historical Nabarlek Uranium Mine. Drilling identified uranium mineralisation along the fault zone directly beneath the unconformity. Fault zone poorly tested to NW and at depth be
Slide 12: New granted tenements: unlocking new opportunities
NABARLEK PROJECT New granted tenements: unlocking new opportunities Two priority tenements granted north of the For personal use only historic Nabarlek mine. Target rich environment - unexplored and considered highly prospective. Along strike from Deep Yellow Limited’s (ASX:DYL) Angularli Uranium De
Slide 13: Murphy West Uranium Project
For personal use only Murphy West Uranium Project Northern Territory (earning-in)
Slide 14: Murphy West Project – An emerging uranium asset
MURPHY WEST PROJECT An emerging uranium asset Located west of Westmoreland Uranium For personal use only Project (Laramide Resources Limited, ASX: LAM) in nearby QLD. Three separate Earn-In Agreements to explore for uranium: • Province scale ~10,000 km2. • 180km prospective strike along southern mar
Slide 15: Field work underway testing large, high-priority uranium anomalies
MURPHY WEST PROJECT Field work underway testing large, high-priority uranium anomalies New Radiometric and Magnetic Airborne For personal use only Survey identifying large unexplored targets. Radiometric Anomalies (uranium-channel) up to 2km long. Untested by previous exploration. Preliminary interp
Slide 16: Working closely with the local communities and landowners
Working closely with the local communities and landowners to deliver shared benefits Environment For personal use only • Demonstrated environmental management through the ongoing rehabilitation of Nabarlek Mine Site. • Working with local communities for various on-country support, including resto
Slide 17: 2025 Focus
2025 Focus Exploration of Our Assets Nabarlek Uranium Project For personal use only • Review of 2024 drilling results underway to assess geological controls of higher-grade uranium mineralisation. • Analysis of target-rich portfolio to priorisitse key targets for the 2025 Field Season. • New explora
Slide 18: Contact Us
For personal use only Scan the QR code Contact Us Investor Relations to view or share a digital version Todd Ross, Managing Director Read Corporate of this presentation +61 416 718 110 Nicholas Read todd.ross@devexresources.com.au +61 8 9388 1474 Level 3, 1292 Hay Street nicholas@readcorporate.com.a
Slide 19: Appendices
For personal use only Appendices
Slide 20: References
References Nabarlek Project – Slide 10: 1 Production History for Ranger and Nabarlek Mine: McKay, A.D & Miezitis, Y. 2001. Australia’s uranium resources, geology and development of deposits. AGSO – Geoscience Australia, Mineral Resource Report 1. For personal use only ERA Annual Production Reports 2
Slide 21: Kennedy Rare Earth Element Project
For personal use only Kennedy Rare Earth Element Project Queensland, 100%
Slide 22: Kennedy Project – Maiden 150Mt Inferred Mineral Resource
KENNEDY PROJECT Maiden 150Mt Inferred Mineral Resource - starts from surface One of only a select few ionic clay projects defined in Australia For personal use only Significant investment by the QLD Government into infrastructure upgrades and critical minerals in the region. Recent QLD Government su
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