Deep Yellow Limited · ASX:DYL
Deep Yellow — 121 Mining Investment Conference 2015
19 slides from Deep Yellow's conference presentation, Feb 11, 2015
Slide 1: Deep Yellow Limited - 121 Mining Investment Conference
Deep Yellow Limited For personal use only 121 Mining Investment Conference “Gathering Momentum” 9 – 10 February 2015 Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to interested analysts and investors. For personal use only This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Executive Summary
Executive Summary For personal use only ASX listed advanced stage uranium exploration company Namibian-focussed, with multiple projects: • Omahola Project – heap leach alaskite, due south of Husab • Tubas Sand Project – shallow, free dig, low capex project • Palaeochannels – shallow, low capex proje
Slide 4: Presentation Overview
Presentation Overview For personal use only Corporate Snapshot Market Snapshot Omahola Project Tubas Sand Project Palaeochannels Conclusions 4
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only The Board Capital Structure – as at 6 Feb 2015 Shares on Issue 1,901M Tim Netscher Chairman (Independent) Performance Rights 37.1M Greg Cochran Managing Director Market Cap (@ 1.4c) ~ AUD 26.6M Gillian Swaby N.E.D Net Cash ~AUD 4.9M Rudolf Brunovs N.E.D (Inde
Slide 6: Market Snapshot – Long Term Contracts
Market Snapshot – Long Term Contracts For personal use only Long Term Term Deliveries Contracting below at all time highs 20 Mlbspa Growing uncovered utility requirements Source: UxC, Anatolia Energy & Paladin Energy Analysis 6
Slide 7: Project Location
Project Location For personal use only 3,109 km2 in exploration area* 93.8 Mlbs at 306ppm in resources** Notes: Exploration in Namibia is conducted by DYL’s wholly- owned subsidiary Reptile Uranium Namibia (RUN) * On a 100% basis ** Assuming tank leach for Omahola 7
Slide 8: Omahola Project: PEA Completed in 2014
Omahola Project: PEA Completed in 2014 JORC 2004 Resource: 48.7 Mt at 420 ppm for 45.1 Mlbs U3O8 (tank leach)* For personal use only ‘PEA’ – preliminary economic analysis completed (Internal study – ASX release 4 June 2014) Heap leach operation more economically attractive Results included: • Averag
Slide 9: Omahola Project: Metallurgical test work
Omahola Project: Metallurgical test work Will heap leach be technically feasible? For personal use only “Sighter” column test demonstrated heap leach processingpotential* Uranium recovery approximately 80% after 7 days with low overall sulphuric acid consumption of 12.4 kg/t* Theoretical maximum ura
Slide 10: Omahola Project: Process Options & Size
Omahola Project: Process Options & Size* Heap Leach ensures greater resource inventory For personal use only Cut-off Tonnes U3O8 U3O8 U3O8 (ppm U3O8) (M) (ppm) (t) (Mlb) 100 298 191 56,825 125 150 140 269 37,610 83 200 76 346 27,166 60 250 49 420 20,462 45 *Figures Extracted from ASX Release, 4 Febr
Slide 11: Tubas Sand Project: Substantial Progress in 2014
Tubas Sand Project: Substantial Progress in 2014 JORC 2012 Resource: 34 Mt at 170 ppm for 12.7 Mlbs U3O8* Tubas Sand Project: Summary For personal use only Resource update completed: Covered smaller, selected area Average grade up but resource smaller Upside potential remains – drill program designe
Slide 12: Palaeochannels: Marenica U-pgrade Tests
Palaeochannels: Marenica U-pgradeTM tests JORC 2004 Resource: 22.2 Mt at 368 ppm for 18 Mlbs U3O8* Tubas Sand Project: Summary For personal use only Marenica U-pgradeTM Physical Beneficiation Process Development has been closely monitored by DYL Process has the potential to be more effective than Sc
Slide 13: Conclusions
Conclusions Gathering Momentum in the current market environment For personal use only Omahola Project – Ongoing progress • Update preliminary economic analysis with independent consultants • Plan MS7 deeper drilling campaign & scoping level metallurgical test work Tubas Sand Project – Progress depe
Slide 14: Thank you
For personal use only Thank you…. Greg Cochran Managing Director Deep Yellow Limited Level 4, 502 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 15: Appendices
For personal use only Appendices
Slide 16: JORC Resources
JORC Resources Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only Omahola Project - JORC 2004 INCA Deposit Indicated 250 7.0 470 3,300 7.2 INCA Deposit Inferred 250 5.4 520 2,800 6.2 Ongolo Deposit # Measured 250 7.7 395 3,000 6.7 Ongolo Deposit
Slide 17: Compliance Statements
Compliance Statements Omahola Project – JORC 2004 The information in this report that relates to Exploration Results for the Ongolo, MS7 and INCA deposits is based on information compiled by Dr Katrin Kärner* who is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM CP(Geo)). D
Slide 18: Non-Executive Directors & Company Secretary
Non-Executive Directors & Company Secretary Broad range of mining, technical and financial experience For personal use only Experienced senior mining executive Over 20 years investment banking and Currently Managing Director at Gindalbie entrepreneurial experience Tim Netscher Mervyn Greene Metals,
Slide 19: Executive Team
Executive Team Proven operational delivery with a broader capability For personal use only Senior mining executive with over 27 years international industry experience Greg Cochran Executive roles in business development, operations and projects in various commodities Managing Director Former compan