Deep Yellow Limited · ASX:DYL

Deep Yellow — Sydney Resources Roundup May 2008

35 slides from Deep Yellow's conference presentation, May 7, 2008

  1. Slide 1: Deep Yellow Limited: Delivering As Promised

    DEEP YELLOW LIMITED For personal use only DELIVERING AS PROMISED Dr Leon Pretorius Managing Director

  2. 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

  3. Slide 3: The Company

    The Company For personal use only • Listed in Australia on ASX and in Namibia on NSX • Market Cap ~A$250 million (at 23c) • S&P ASX Top 300 Company • Current cash and liquid assets ~A$62 million • Top 10 shareholders hold ~47% (Paladin Energy largest at ~15%) • Present Board in place since October 2

  4. Slide 4: Objectives 2008 and beyond

    Objectives 2008 and beyond For personal use only • Build a uranium exploration / mining company • Stated resource target of 45,000 to 55,000 t U3O8 (100 to 120 M lbs) by end 2008 from Namibian mineralised areas • Progress significant potentially economic drill intersections from several Australian P

  5. Slide 5: Australian Projects

    For personal use only PROJECTS AUSTRALIAN

  6. Slide 6: Namibian Projects

    For personal use only NAMIBIAN PROJECTS

  7. Slide 7: Project Areas to Scale

    PROJECT AREAS TO SCALE For personal use only

  8. Slide 8: Australian Projects and Activities

    Australian Projects and Activities For personal use only • Vast tenement holdings with ~56,000 km2 held 100% • Established bases in Perth, Mt Isa and Alice Springs • Geological team almost in place with 12 permanent and contractor staff • Diamond core drilling has commenced at Queens Gift (Mt Isa) •

  9. Slide 9: 2007 Queensland Results

    2007 Queensland Results For personal use only • Wide intersections in hematite-carbonate-quartz breccia at Queens Gift, e.g. 69 m at 467 ppm U3O8 • Wide intersections at Miranda, e.g. 32 m at 625 ppm U3O8 • Wide intersections at Conquest, e.g. 22 m at 575 ppm U3O8 • Direct ownership or access to 100

  10. Slide 10: 2008 Queens Gift Diamond Core

    2008 Queens Gift Diamond Core For personal use only Hematite – carbonate – quartz alteration and brecciation

  11. Slide 11: 2008 Queens Gift Diamond Core

    2008 Queens Gift Diamond Core For personal use only Hematite – carbonate – quartz alteration and brecciation

  12. Slide 12: Namibian Projects and Activities

    Namibian Projects and Activities For personal use only • 52 full-time employees of which only 2 non-Namibian (~50 contractors) • Own three properties in Swakopmund – fully operational laboratory • ~3,000 km2 held in four EPLs • Active exploration includes 5 RC drilling rigs and one diamond rig • Bud

  13. Slide 13: Namibia – Present and Future

    Namibia – Present and Future For personal use only • Airborne Magnetic and Radiometric survey completed • Airborne Electromagnetic survey completed – Palaeochannels? • ~40,000 m RC programme underway at Falconbridge’s Tumas and S-Bend projects • ~60,000 m RC programme on Elf-Aquitaine’s Aussinanis p

  14. Slide 14: Airborne Radiometrics (U2/Th)

    AIRBORNE For personal use only RADIOMETRICS (U2/Th) Outlined are the previously explored areas indicating that the majority of the anomalies remain to be explored

  15. Slide 15: Airborne Magnetics

    For personal use only AIRBORNE MAGNETICS

  16. Slide 16: Tumas Drilling EM

    7465000 7460000 7455000 7450000 7445000 7440000 TUMAS DRILLING EM 25 APRIL 2008 oooszs 0000S Fed | , x 4 s & & : 0 1,950 3,900 €R REPTILE URANIUM NAMIBIA eter Hr hall 33

  17. Slide 17: Tumas Drilling EM GTMs

    13000 514000 15000 7454000 7453000 7452000 7451000 7450000 7449000 7448000 €B REPTILE URANIUM NAMIBIA 00th: o00rts 00091: 0 a $ s 4875 975 Meter 518000 oo0sts §19000 00061: 000zs TUMAS DRILLING EM GTMs 25 APRIL 2008 Legend © GTM_ABOVE_500 © GTM250 to 500 © GTM100 to 250 WGS 84 UTM Zone 33

  18. Slide 18: Tumas Drilling Radiometrics U2/Th

    7454000 7453000 TUMAS DRILLING RADIOMETRICS U2/Th 7452000 GTMs 25 APRIL 2008 7451000 Legend © GTM_ABOVE_500 © GTM250 to 500 , @ GTM100 to 250 7449000 0 400 800 — WGS 84 eR REPTILE URANIUM NAMIBIA Meter UTM Zone 33

  19. Slide 19: Tumas GTM Contours

    7454000 7453000 7452000 7451000 7450000 7449000 REPTI F LIRANILIM NAMIRIA TUMAS GTM CONTOURS 6 MAY 2008 Legend CONTOUR —— 200- 1000 —— 1001 - 1900 1901 - 3100 3101 - 4500 — 4501 - 6300

  20. Slide 20: Tumas Palaeochannel Results

    Tumas Palaeochannel Results For personal use only • Best XRF result 1,722 ppm U3O8 over 13 metre from 13 metre • eU3O8 highlights from logging of holes to 25 April include FROM TO INT (m) eU3O8 (ppm) 12.868 26.418 14 892 14.335 26.185 12 529 10.245 18.345 8 550 14.405 23.655 9 457 10.798 26.848 16 3

  21. Slide 21: For personal use only

    j 3 3 i : 3 FI 3 | 3 rd & & bd - 520 : : 199 : ; i i : a i y y i i i 2 D é : : 2 i FI 8 Fy we 7 » 2 2 5 u o ” ™“ ‘9 2 2 Ly Hy 2 n 19 s ™ ” ry g ™ s ™ a Pe) cS " 1 Pl s « Pd ro 77 a a7 w a » » ” w “ F 19 16 a ro) » 1 a ww w v7 2 » x al 2 2 » 7 « a 2 “ a Fo] 2 ™ Pe « % Po) 2 a a a & 7 » ” Py e a « “a

  22. Slide 22: Country Cost Comparisons

    For personal use only Sa la r ie sa 0% 10% 20% 30% 40% 50% 60% Dr nd illi n W g ag an es d 11.8% As sa yin Ge g op hy sic 53.2% La s nd 27.2% Ca m Co st p- s NAMIBIA Fi 0.0% el Ve d Co hic st l es s 0.8% an d Of Fu fic el e 4.6% Re lat ed 2.2% Tr av el 0.3% Sa la r ie s an Dr d 0% 10% 20% 30% 40% 50

  23. Slide 23: Namibian Photos

    Namibian Photos For personal use only PROJECT GEOLOGIST AND SURVEY TEAM LOGGING AND SAMPLING

  24. Slide 24: Namibian Photos: Radiometric Logging

    Namibian Photos For personal use only RADIOMETRIC LOGGING

  25. Slide 25: Namibian Photos

    For personal use only Namibian Photos

  26. Slide 26: Namibian Photos

    For personal use only Namibian Photos

  27. Slide 27: Namibian Photos: Tumas Camp

    Namibian Photos For personal use only TUMAS CAMP

  28. Slide 28: Namibian Photos: Rehabilitation

    Namibian Photos For personal use only REHABILITATION

  29. Slide 29: Namibian Photos: Airborne EM Survey

    Namibian Photos For personal use only Airborne EM Survey

  30. Slide 30: Windhoek

    For personal use only Windhoek

  31. Slide 31: Walvis Bay

    For personal use only Walvis Bay

  32. Slide 32: Swakopmund

    Swakopmund For personal use only ROSSING EXPANSION LANGER HEINRICH DESALINATION PLANT FAST GROWING BEACHSIDE SUBURBS

  33. Slide 33: Swakopmund

    For personal use only Swakopmund

  34. Slide 34: Swakopmund Office and Operational Base

    Swakopmund Office and Operational Base For personal use only

  35. Slide 35: Thank You For Attending

    Deep Yellow Limited For personal use only Thank You For Attending Dr. Leon Pretorius Managing Director www.deepyellow.com.au

Deep Yellow — Sydney Resources Roundup May 2008 on 6ix