Deep Yellow Limited · ASX:DYL

Deep Yellow — Shareholder Meeting (November 2006)

35 slides from Deep Yellow's shareholder meeting presentation, Nov 30, 2006

  1. Slide 1: 2006 Annual General Meeting

    FOCUSED ON URANIUM EXPLORATION AND DEVELOPMENT 2006 Annual General Meeting Dr Leon Pretorius Executive Chairman 30 November 2006

  2. Slide 2: Disclaimer

    Disclaimer 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 in this presentation ha

  3. Slide 3: Historical Uranium Price Graph

    Historical Uranium Price Graph

  4. Slide 4: Australian Projects

    Australian Projects TS Anketell { KINTYRE Mt Morris re Western Australia ®YEELIRRIE NABBARLEK ROW G6 JABLUKA &) KOONGARRAg @)souTH j ALLIGATOR Northern Territory South Australia Dominion Gold : Ponton North ine & Operations Agreement 7 OLYMPIC DAM 1000km =g Deep Yellow Projects ® Known major uranium

  5. Slide 5: Napperby Project

    Napperby Project • 150 km from Alice Springs on bitumen road • Subject of a pre-feasibility study by Uranerz • 20 x 4 km area of uranium mineralisation delineated within 10 m of surface in 1970/80s (~6,000t U3O8) • DYL completed trenching to define style of mineralisation and better understand diseq

  6. Slide 6: Napperby Drilling

    Napperby Drilling ⃖ 20 km ⃗

  7. Slide 7: Minus 7 m

    Minus 7 m U3O8 : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm

  8. Slide 8: Napperby Trenching

    Napperby Trenching

  9. Slide 9: Napperby Trenching

    Napperby Trenching

  10. Slide 10: Carnotite in Sandy Clay

    Carnotite in Sandy Clay

  11. Slide 11: Trench 3 East Wall

    Trench 3 East Wall Surface Sail mi: (e) CHANNEL SAMPLE Epes [ ] =2000 ppm 250 to 500 ee ppmUjO, 1415 3141 Sample number [ ] 1000 -2000 100 to 250 Sy Clay + nian a8 4.2 and length (m) Calcrete-sil crete 500 to 1000 «100 = J = a2 = = A, ae ST 2922 2923 2924 2926 2927 2928 2929 2930 2981 282 2933 2934

  12. Slide 12: Drilling Programme

    Drilling Programme w w w o 7 w ry w v w A Fl | 2 i o. & Ge A +f @! . ofl oe | n° fi fi i i \ i i i o . : . ° « ° ° — ‘orner Co-ordinates of Cleared Drill Area . \ [Corner_10 _[GDA_Easting [GDA_northing | 1 Trench 2k z é zs ‘ 1 257,280 7,464,343 \ wate 4 ° 2 258,197 7.464.744 é ° o e : ri 3 258,434 7

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  15. Slide 15: XRF U3O8 Assays over 1,000 g/t/m (0.1%)

    XRF U3O8 Assays over 1,000 g/t/m (0.1%) From To Interval U3O8 From To Interval U3O8 Hole Hole (m) (m) (m) (ppm) (m) (m) (m) (ppm) NP002 4 5.5 1.5 690 NP093 3 5.6 2.6 1,023 NP011 4 6 2 852 NP108 3 5 2 773 NP018 3.8 5.9 2.1 2,038 NP116 4 5 1 2,910 NP027 4 6 2 1,308 NP119 4 5 1 1,285 NP030 3 6 3 1,326

  16. Slide 16: Napperby g/t Plots

    Napperby g/t Plots < 50 m >

  17. Slide 17: Tanami – Arunta

    Tanami – Arunta • Acquired 100% rights to uranium within Tanami Gold’s tenements covering 50,732 km² • Ongoing studies by Deep Yellow of available data defines substantial new targets • New Deep Yellow 100% tenements 6,375 km² • Commenced CLC and Landowner negotiations for access to prospective area

  18. Slide 18: Tanami – Arunta Province

    Tanami — Arunta Province ~_ i : 131°E 133°E 135°E a) 8 re i ee a ro i 0 200 gree A kilometres aE i Bald Hill 1] 1] a eaINANT J i CREEK WA -es Pi Vim ss a) <~ Tanami Mine SOLITAIRE Coyote poe S = \, EL25097 £25212 Tah Callie \ z 2 we NI. ELA25I56 Ig en ‘t] ae 0 XN L err eet al Cra ee ! [EG] «Deep Yel

  19. Slide 19: NW Queensland

    NW Queensland • Acquired the uranium rights to ~5,000 km² around Mt Isa and Cloncurry from Matrix Metals Ltd • Multiple uranium anomalies and 1970/80s drill intercepts for immediate follow-up • Lochness Prospect – significant zone of low-level uranium mapped north of Valhalla / Skal • Access agreeme

  20. Slide 20: NW Queensland Joint Venture

    139°30'E MT WATSON PROJECT EL13600 EL9867, ® EL11090___ A Mt Gordon a E eee] Ease { aS E1/14916 j jas a — | = j 20°N \ 2 \ Matrix Metals Queensland Agreement EL11387 Total land holding at 07/03/06 : CUTHBERT 3.216km? PROJECT JEL 14282 ®| Dugald River , EL14622 |] ‘ j Valhall Os ELost a / @® Ernest H

  21. Slide 21: Lochness Prospect

    [2800000 mN 350000:mnE- ePunaeis | | Lochnes: Lochness Prospect

  22. Slide 22: Lochness Prospect

    Lochness Prospect

  23. Slide 23: South Australia - Western Gawler

    South Australia - Western Gawler • Acquired the uranium rights to 3,295 km² from Dominion Gold Operations Ltd – Negotiating to include a further 2,000 km² • +40,000 calcrete sample in database from surface sampling and shallow drilling – no uranium assays • Several palaeodrainages draining uranifero

  24. Slide 24: Western Gawler Interpreted Channels

    Western Gawler Interpreted Channels

  25. Slide 25: Western Gawler JV Airborne Electromagnetic Channel Interpretation

    Western Gawler JV Airborne Electromagnetic Channel Interpretation

  26. Slide 26: Namibia

    Namibia • A merger with BVI company to secure prospective uranium interests in Namibia which includes 1970’s drilled resources totalling 18,000 tonnes of U3O8 • Acquisition cost $26 million. Cash of A$2.58 million and issue 174 million DYL shares at 13.5c (up to 19.9% equity holding) • Three Exclusi

  27. Slide 27: Location of Project Areas

    Location of Project Areas < 200 km >

  28. Slide 28: Swakopmund Locality Map

    SWAKOPMUND Uf Locality Map 1:3 ji Legend P : 5 a 50,050 i ~ " Figure 1 HEB 0221 0utines Uranium mineralisation Kilometers “Fe Reptile EPL Locations

  29. Slide 29: Aster Images Overlain on Uranium Channel Airborne Radiometrics

    Aster Images Overlain on Uranium Channel Airborne Radiometrics

  30. Slide 30: Historical Grade and Tonnage Estimates within Reptile Tenements

    Historical Grade and Tonnage Estimates within Reptile Tenements (Compiled from 1970/1980 data before the adoption of the JORC Code and are hence not JORC compliant) U3O8 in Deposit EPL Tonnage Tonne U3O8 ppm 222 TUBAS 433 3496 26,000,000 5,772 300 ORYX 430 3496/7 18,000,000 5,320 250 ORYX EXT 708 34

  31. Slide 31: Namib-Naukluft National Park

    Namib-Naukluft National Park Fragile Environment – Pre-Historic Flora

  32. Slide 32: Swakopmund Operational Base and Office

    Swakopmund Operational Base and Office (DYL Property)

  33. Slide 33: The Future

    The Future • Increase cash position to ~$25 million through 1:5 entitlement issue • Further assess Napperby • Concerted effort in Mt Isa area - set up base • Evaluate the South Australian Airborne EM – Drill targets • Concerted effort in Namibia – set up base • Further growth via pro-active project

  34. Slide 34: Where Does DYL Sit?

    Where Does DYL Sit? • Napperby JORC resource due early December 2006 • Strategic tenement holding in Mt Isa uranium province • Large prospective tenement package throughout Australia • Prospective tenement package in Namibia (Contested) • A number of drill-ready targets • Experienced Uranium personn

  35. Slide 35: Thank You

    THANK YOU Dr Leon Pretorius Executive Chairman 30 November 2006

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