Deep Yellow Limited · ASX:DYL
Deep Yellow — Africa Down Under Conference 2011
26 slides from Deep Yellow's conference presentation, Aug 31, 2011
Slide 1: An Emerging Namibian Developer
Deep Yellow For personal use only Limited “An Emerging Namibian Developer” Africa Down Under conference 31st August 2011 Greg Cochran – Managing Director ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer – Forward Looking Statements
Disclaimer Forward Looking Statements For personal use only This presentation has been prepared by Deep Yellow Limited (“Deep Yellow”). The information contained in this presentation is of a general nature only and does not constitute and offer to issue, or to arrange an issue, of securities or fina
Slide 3: Overview & Vision
Overview & Vision Corporate Profile For personal use only Project Locations • Australia • Namibia Namibian Project Portfolio Flagship Projects • Omahola • Shiyela Iron Summary and Conclusion Commence uranium production in Namibia by 2014/5 and continue to successfully grow our uranium resource base
Slide 4: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 30 Aug 2011 Mervyn Greene – Chairman Shares on Issue 1,128.51 M Greg Cochran – Managing Director Unlisted Options/Perf. Rights 12.68 M Martin Kavanagh – Executive Director Market Cap (@ 15c) 169 M Gillian Swaby – N.E.D Net C
Slide 5: Australia - Queensland
Australia - Queensland Almost 1,700 km2 exploration area: 4.8 Mlbs in resources For personal use only
Slide 6: Australia – Northern Territory
Australia – Northern Territory Over 23,000 km2 exploration area: 7.4 Mlbs in resources For personal use only
Slide 7: Namibian Tenements
Namibian Tenements For personal use only 4,195 km2 exploration area: 93.3Mlbs in resources Note: Exploration in Namibia is conducted by DYL’s wholly-owned subsidiary Reptile Uranium Namibia (RUN)
Slide 8: Namibian Project Portfolio
Namibian Project Portfolio ONGOLO INCA URANIFEROUS TUBAS RED For personal use only OMAHOLA PROJECT ALASKITE MAGNETITE SAND (TRS) JORC resource: 6.2Mlbs JORC resource: 13.4Mlbs JORC resource: 4.9Mlbs Primary mineralisation Primary mineralisation Secondary mineralisation Open Pit Hardrock – Drill & bl
Slide 9: Omahola Project - Location
Omahola Project - Location For personal use only JORC Resource: 35.7Mt at 311ppm for 24.5Mlbs U3O8
Slide 10: Omahola Project - Overview
Omahola Project - Overview For personal use only Three Deposits feeding common plant: • Ongolo – High-grade alaskite hosted uranium mineralisation • INCA – Unique high grade uranium, magnetite and pyrite mineralisation • Tubas Red Sand – Low grade surficial sands upgradeable by physical beneficiatio
Slide 11: Omahola Project – Exploration Success
Omahola Project – Exploration Success For personal use only Omahola's Resource Base can grow rapidly
Slide 12: Omahola Project – Timeline
Omahola Project – Timeline For personal use only Multiple Development Options
Slide 13: TRS – Location
TRS – Location For personal use only TRS Deposit Showing Tubas Palaeochannel with known red sand
Slide 14: TRS – Successful Pilot Plant Test
TRS – Successful Pilot Plant Test For personal use only Tubas Red Sand Deposit: Well-sorted wind-blown sand, low grade uranium Free flowing/loosely consolidated Large area south of the Tubas palaeochannel Bulk of uranium in -20µm fraction Basic concept – physical beneficiation: • Light attritioning
Slide 15: TRS – Successful Pilot Plant Test
TRS – Successful Pilot Plant Test For personal use only Schauenburg Pilot Plant: Pilot Plant Schematic Simple, non-chemical process Recovery >80% in <20% volume Carbonate reduction >80% Mass pull between 12% ~ 20% Uranium upgrade factor 6.9 (at 12%) Process guarantee offered Potential to grow resour
Slide 16: Shiyela Iron Project - Location
Shiyela Iron Project - Location For personal use only Clear Infrastructure advantage – power and 45 kilometres by road from deep water port of Walvis Bay
Slide 17: Shiyela Iron Project - Overview
Shiyela Iron Project - Overview For personal use only Infrastructure Low strip ratio Likely Low Capex Fast Track development Exploration upside 3 Ore types Outstanding product quality Fe SiO2 Al2O3 P S LOI Hematite 69.50 0.80 0.71 0.008 0.008 -1.27 Fine 69.70 1.66 0.99 0.005 0.073 -3.23 Coarse 70.70
Slide 18: Shiyela Iron Project - Status
Shiyela Iron Project - Status Initial programme designed to drill out: For personal use only • 120 to 150Mt of ore at 20% recovery • ~30Mt high-grade magnetite • ~15 year mine life at 2Mtpa Drilling extended to April 2011, now completed Golder Associates (Perth) for JORC estimate ProMet (Perth) for
Slide 19: Shiyela Iron Project – Timeline
Shiyela Iron Project – Timeline For personal use only On a Fast Track
Slide 20: Summary and Conclusion
Summary and Conclusion For personal use only Ongolo JORC Resource delivered New high grade uranium deposits discovered Successful TRS Beneficiation Trial Omahola EIA & EMP underway Shiyela EIA & EMP underway TRS Deposit re-evaluation Shiyela resource and scoping study Omahola PFS A multi-project com
Slide 21: Contact Details
Contact Details For personal use only Greg Cochran Managing Director Deep Yellow Limited Level 1, 329 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 M +61 409 938-784 F +61 8 9286 6969 Email: greg.cochran@deepyellow.com.au Email: info@deepyellow.com.au Website: www.deepyellow.com.au
Slide 22: Appendices
For personal use only Appendices
Slide 23: JORC Resource Summary – July 2011
JORC Resource Summary – July 2011 Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only REPTILE URANIUM NAMIBIA (NAMIBIA) Omahola Project INCA Indicated 250 9.4 385 3,628 8.0 INCA Inferred 250 5.5 445 2,449 5.4 Ongolo Indicated 275 4.7 410 1,920 4.24
Slide 24: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource estimation for the Mount Isa Projects is based on work compiled by Mr Neil Inwood, a Member of the Australasian Institute of Mining and Metallurgy. Mr Inwood is employed by Coffey Mining Pty Ltd and has su
Slide 25: Namibia – Land of Elephants
Namibia – Land of Elephants Marenica – Marenica Energy Limited For personal use only (100ppm cut-off) 196 Mt @ 169ppm: 73 Mlbs Trekkopje - Areva (100ppm cut-off) 335 Mt @ 149ppm: 110 Mlbs Valenica – Forsys Metals (67ppm cut-off) 176 Mt @ 156ppm: 61 Mlbs Rossing – Rossing Uranium Limited (100ppm cut-
Slide 26: Deep Yellow's Quality Criteria
Deep Yellow’s Quality Criteria Grade: For personal use only • ~300ppm U3O8 for palaeochannel and sheetwash calcretes • ~400ppm U3O8 for hard rock open pit deposits (alaskites) • ~1,000ppm U3O8 for potential underground deposits Minimum 18Mlbs U3O8 per deposit with upside (15 yr mine life) Minimum pr