Deep Yellow Limited · ASX:DYL
Deep Yellow — Shareholder Meeting (November 2008)
47 slides from Deep Yellow's shareholder meeting presentation, Nov 19, 2008
Slide 1: AGM Project Overview (North Queensland and Namibia)
DEEP YELLOW LIMITED For personal use only AGM PROJECT OVERVIEW (NORTH QUEENSLAND AND NAMIBIA) Dr Leon Pretorius Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only While technical information contained in this presentation is based upon an independent technical review, no representation or warranty is made as to the accuracy, completeness, or reliability of the information in this presentation. Any forward looking information i
Slide 3: Competent Person Statement
Competent Person Statement For personal use only • The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Leon Pretorius a Fellow of The Australasian Institute of Mining and Metallurgy. Dr Pretorius has sufficient
Slide 4: Deep Yellow – Snapshot
DEEP YELLOW – Snapshot For personal use only • Current cash and liquid assets +A$50 million • Listed in Australia on ASX and in Namibia on NSX • Top 10 shareholders hold ~47% (Paladin Energy largest at 19.29%) • Present Management in place since October 2005 • Technically strong pure Uranium Company
Slide 5: Australian Tenements
For personal use only Australian Tenements
Slide 6: Mt Isa District Tenements
For personal use only MT ISA DISTRICT Tenements
Slide 7: Mt Isa District Prospects
MT ISA DISTRICT Prospects For personal use only
Slide 8: Queens Gift Prospect 2007 RC Drilling
QUEENS GIFT Prospect 2007 RC Drilling For personal use only • DQRC-0006 9m at 818 ppm U3O8 from 35 m • DQRC-0013 4m at 2,225 ppm U3O8 from 19 m • DQRC-0018 3m at 2,330 ppm U3O8 from 7m • DQRC-0032 50 m at 400 ppm U3O8 from 1m • DQRC-0033 69 m at 467 ppm U3O8 from 8m • DQRC-0041 23 m at 409 ppm U3O8
Slide 9: Queens Gift Prospect 2008 Diamond Drilling
QUEENS GIFT Prospect 2008 Diamond Drilling For personal use only 2008 Diamond drilling provides structural and alteration data and extends mineralisation to depth • QGDC-001 25 m at 338 ppm U3O8 from 125 m • QGDC-002 23 m at 634 ppm U3O8 from 74 m • QGDC-003 7 m at 451 ppm U3O8 from 154 m
Slide 10: Miranda Prospect
MIRANDA Prospect For personal use only 1970s CRAE RC DRILLING 18 m at 810 ppm U3O8 from 30 m 2006 DYL RC DRILLING DMRC-001 12 m at 960 ppm U3O8 from 9 m DMRC-002 3 m at 760 ppm U3O8 from 43 m 2007 DYL RC DRILLING DMRC-008 32 m at 626 ppm U3O8 from 3 m DMRC-009 22 m at 727 ppm U3O8 from 16
Slide 11: Ewen Project EPM 14916
For personal use only EWEN Project EPM 14916
Slide 12: Ewen Project – 2007 Activities
EWEN Project – 2007 Activities For personal use only Helicopter supported mapping and sampling leading to prospect development RC Drilling CONQUEST PROSPECT - 22 m at 594 ppm U3O8 from 22 m 8 m at 1,109 ppm U3O8 from 75 m CRYSTAL PROSPECT - 10 m at 356 ppm U3O8 from 18 m 2 m at 1,475 ppm U3O8 from 2
Slide 13: Ewen Project – 2008 RC Drilling
EWEN Project – 2008 RC Drilling - Agreement to purchase 100% from Matrix Metals Ltd For personal use only CONQUEST CENTRAL DCQRC009 8 m at 760 ppm U3O8 from 46 m DCQRC010 9 m at 734 ppm U3O8 from 13 m and 14 m at 1,080 ppm U3O8 from 29 m SLANCE NORTHEAST DSLRC009 16 m at 427 ppm U3O8 from 34 m
Slide 14: Ewen Project – 2008 RC Drilling continued
EWEN Project – 2008 RC Drilling continued For personal use only SLANCE NORTHWEST DSLRC017 12 m at 833 ppm U3O8 from 14 m and 14 m at 370 ppm U3O8 from 30 m DSLRC018 12 m at 1,338 ppm U3O8 from 61 m DSLRC021 9 m at 1,017 ppm U3O8 from 80 m and 10 m at 464 ppm U3O8 from 102 m DSLRC033 14 m at
Slide 15: Isa West Projects and Radiometric Anomalies
ISA WEST Projects and Radiometric Anomalies For personal use only
Slide 16: Isa West Project
For personal use only ISA WEST Project
Slide 17: Isa West Project – 2008 RC Drilling
ISA WEST Project – 2008 RC Drilling For personal use only BAMBINO • BBRC001 15 m at 346 ppm U3O8 from 37 m • BBRC002 9 m at 436 ppm U3O8 from 77 m • BBRC005 30 m at 410 ppm U3O8 from 36 m • BBRC006 25 m at 409 ppm U3O8 from 65 m • BBRC009 8 m at 568 ppm U3O8 from 46 m • BBRC010 10 m at 537 ppm U3O8
Slide 18: Isa West Project – 2008 RC Drilling continued
ISA WEST Project – 2008 RC Drilling continued For personal use only NEVER CAN TELL • NCRC002 13 m at 797 ppm U3O8 from 17 m MIAMI • MIRC001 5 m at 895 ppm U3O8 from 24 m MIGHTY • MGRC001 5 m at 681 ppm U3O8 from 16 m • MGRC003 5 m at 1,606 ppm U3O8 from 13 m CITATION • CIRC001 12 m at 325 ppm U3O8 f
Slide 19: Isa West Project – 2008 RC Drilling continued
ISA WEST Project – 2008 RC Drilling continued For personal use only TURPENTINE • TURC002 19 m at 324 ppm U3O8 from 15 m • TURC003 7 m at 428 ppm U3O8 from 28 m • TURC006 6 m at 490 ppm U3O8 from 42 m FOLDEROL NORTH • FNRC001 7 m at 661 ppm U3O8 from 12 m • FNRC004 5 m at 810 ppm U3O8 from 44 m MOTHE
Slide 20: Namibian Projects
For personal use only Projects NAMIBIAN
Slide 21: Namibian Projects and Activities
Namibian Projects and Activities For personal use only • 2,681 km2 held in four 100% owned EPLs • Bulk sample trench to 11 metre on Tubas 2007 JORC Code inferred resource of 17,600 t U3O8 at 228 ppm - all free digging and very good recovery of uranium (+93%) • Tumas initial JORC Code resource estima
Slide 22: For personal use only
ny Swakopmund A | A _ Walvis Bay * EPL 3496 Tubas Surface projection of historic drilled mineralisation Life® Exploration - Target Drainage ] from AEM survey —/ Reptile EPLs _ Heinrich EPL 3497 Tumas Aussinanis “ EPL 3499 Ripnes , i. 4 EPL 3498 Aussinanis
Slide 23: Tumas Resource Estimation
ee TUMAS RESOURCE ESTIMATION 7451000 . ~ St 3 : = 2 B +7451000 AEM IMAGE egend © =DRILLHOLES q@ [__] RESOURCE BLOCK € REPTICE Fe. Se 4 __ Kilometre. T T T T T T T T T $12000 §13000 514000 §15000 516000 517000 518000 519000 520000 §21000 7447000:
Slide 24: Tumas GTM Contours
514000 §15000 16000 517000 518000 519000 520000 521000 §22000 y N 74540004 TUMAS GTM CONTOURS On LANDSAT321 7451000 Legend CONTOUR —— 200 ‘S/T 201 - 500 f 501 - 1000 1001 - 2000 >2000 [[_] RESOURCE BLOCK TUMAS 7450000: 7449000: 74470004 T T T T 513000 514000 515000 516000 517000 518000 519000 520000
Slide 25: Tumas – Two Mineralised Horizons in Palaeochannel
TUMAS - Two Mineralised Horizons in Palaeochannel For personal use only HOLE UTM E UTM N TD FROM TO INT eU3O8 GTM B2.175 0.750 513755 7451845 30 1 19 18 676 12,209 B3.925 6.150 519154 7450079 18 0 13 13 820 10,294 B2.475 0.850 513854 7451532 20 0 10 10 902 8,708 B2.375 0.850 513854 7451633 18 0 12 1
Slide 26: For personal use only
ny Swakopmund A | A _ Walvis Bay * EPL 3496 Tubas Surface projection of historic drilled mineralisation Life® Exploration - Target Drainage ] from AEM survey —/ Reptile EPLs _ Heinrich EPL 3497 Tumas Aussinanis “ EPL 3499 Ripnes , i. 4 EPL 3498 Aussinanis
Slide 27: Cumulative Drilling by Project Since Start
PROJECT DRILL_TYPE No OF HOLES No OF METRE DRILLED Cumulative TUBAS RC 795 20,863 Drilling by TUBAS AC 300 3,781.10 Project TUBAS TOTAL RC&AC 1,095 24,644.1 For personal use only Since start TUBAS NORTH ALASKITES DH 2 536.64 TUBAS NORTH ALASKITES RC 5 744 TNA TOTAL RC&DH 7 1,280.64 INCA RC 151 15,33
Slide 28: Aussinanis Plethora of Drill Data for JORC
Aussinanis Plethora of Drill Data for JORC For personal use only
Slide 29: Carnotite in Outcropping Calcrete at Oryx
Carnotite in Outcropping Calcrete at Oryx For personal use only
Slide 30: Oryx – Significant RC and Aircore Drill Intercepts
ORYX - Significant RC and Aircore Drill Intercepts For personal use only HOLE UTM_E UTM_N FROM TO INT eU3O8 GTM TD B8.750N 1.300W 511703 7462753 19 29 10 984 9,443 36 B8.750N 1.350W 511654 7462755 16 31 15 302 4,665 33 B8.750N 1.300W 511703 7462753 0 13 13 330 4,147 36 B8.750N 1.250W 511754 7462755
Slide 31: Tubas Trench
For personal use only Tubas Trench
Slide 32: Tubas Trench – Channel Box Sample
Tubas Trench – 1 m channel box sample For personal use only Depth in metre XRF Assay in ppm U3O8 0 to 1 92 1 to 2 154 2 to 3 275 3 to 4 493 4 to 5 3,672 5 to 6 1,862 6 to 7 1,472 7to 8 2,309 8 to 9 853 9 to 10 1,781 • Of note is that the average assay value for the complete section is 1,296 ppm U3O8
Slide 33: Tubas Trench – Channel Box Sample Assays
Tubas Trench – 1 m channel box sample assays For personal use only
Slide 34: Tubas Trench NS Section of Channel Box Sample Assays
Tubas Trench NS Section of 1 m channel box sample assays For personal use only
Slide 35: Tubas Trench – Detail Reserve Drilling
Tubas Trench – Detail Reserve Drilling For personal use only
Slide 36: Airborne Magnetics
For personal use only AIRBORNE MAGNETICS
Slide 37: Inca Prospect Drilling – Magnetite Float in Foreground
INCA Prospect Drilling – Note Magnetite Float in Foreground For personal use only
Slide 38: Inca Prospect holes drilled to date plus GTM
INCA Prospect holes drilled to date plus GTM For personal use only
Slide 39: Inca Prospect drilling – 3D Model
INCA Prospect drilling – 3D Model For personal use only
Slide 40: Inca Prospect West to East drill cross-section
INCA Prospect West to East drill cross-section For personal use only
Slide 41: Inca Prospect – Detail grid drill area eU vs cU
INCA Prospect – Detail grid drill area eU vs cU For personal use only
Slide 42: For personal use only
Se || a RO AjUO SSN feEUOSJEC JOS
Slide 43: Inca Prospect – Main Grid drill area eU and MagSus
INCA Prospect – Main Grid drill area eU and MagSus For personal use only
Slide 44: Inca Prospect – Southern Grid drill area eU and MagSus
INCA Prospect - Southern Grid drill area eU and MagSus For personal use only 54 m at 607 ppm U3O8
Slide 45: Inca Prospect – Selected Intersections
INCA Prospect – Selected Intersections HOLE UTM E UTM N TD FROM TO INT eU3O8 GTM For personal use only M1-9.200 11.100 488904 7475804 100 40 94 54 607 32,778 Including 39 50 11 2,981 32,791 M1-8.300 11.200 488804 7476705 100 68 80 12 783 9,283 M1_8.300 11.300 488705 7476704 115 93 108 15 516 7,863 M
Slide 46: Inca Prospect Potential Aerial Distribution
Inca Prospect Potential Aerial Distribution For personal use only
Slide 47: Thank You For Attending
Deep Yellow Limited For personal use only Thank You For Attending Dr. Leon Pretorius Managing Director www.deepyellow.com.au