Slide 1: Broker Presentation cover letter to ASX
L 1, 329 Hay St, Subiaco WA 6008 PO Box 1770 Subiaco WA 6904 Tel: 08 9286 6999 Fax : 08 9286 6969 admin@deepyellow.com.au www. deepyellow.com.au ABN $7 006 391 948 16 June 2006 The Companies Announcement Office Australian Stock Exchange Limited Level 10 Exchange Centre 20 Bond Street SYDNEY NSW 2000
Slide 2: June 2006
~ JUNE 2006
Slide 3: Disclaimer
EEP YELLOW - 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 pr
Slide 4: Objectives
EEP YELLOW. noses Objectives Initial focus on Australia Delineate and acquire prospective ground in the known major uranium provinces ahead of the perceived ‘rush’ (+80 companies in Australia now) Use in-house expertise in greenfields areas as well Offer shareholders growth through exploration disco
Slide 5: Board
Board > YELLOW ~-Leon Pretorius, Executive Chairman. A geochemist with 35 Years industry experience with 18 years in uranium worldwide — the last 5 with Paladin Resources. MSc and PhD on uranium exploration and geochemical research * Martin Kavanagh, Executive Director. An exploration geologist with
Slide 6: Corporate
DEEP YELLOW. a Corporate 617,045,966 Shares and 57,660,000 Options (1 c to 50 c) Market Cap ~$75 million (@13 cps) Current cash and receivables ~$15 million Estimated 3 year exploration budget $9 million
Slide 7: Key Technical Personnel
DEEP YELLOW a Key Technical Personnel * Joe Drake-Brockman. A geologist with 26 years experience; 11 years on uranium with Uranerz in WA, NT, NZ, Germany and Tanzania; 8 years with PNC in WA and Tanami - Arunta; and, 2 years with Paladin Resources in the Frome Basin (Total 18 years uranium experienc
Slide 8: June Snapshot
EEP YELLOW : June Snapshot * Cashed-up with +$14 million in the bank * Resource Evaluation — Napperby > Trenching completed, positive results > Drilling on 50 x 50 m spacing underway * Exploration Portfolio —- expanded significantly > Tanami— Arunta Province 57,107 km? > Western Gawler District 3,29
Slide 9: Deep Yellow Projects
Ponton North fe @ Deep Yellow Projects 0 JKneen major uranium minesdeposits.
Slide 10: Napperby Project
EEP YELLOW as Napperby Project 150 km from Alice Springs on bitumen road Subject of a pre-feasibility study by Uranerz in 1970s 20 x 4 km area of uranium mineralisation delineated within 10 m of surface DYL completed 600 holes targeting a JORC resource, but poor core recovery and inconsistent assays
Slide 11: Napperby Project simplified geology and uranium mineralisation
T 192745" out GroSEIAg | nguEE | NEW WELL [PROSPECT | Lake sadiments Calereie ouicroppingrburied Palaeodainage oxidsed/ieduced » Quartzte PARDAMSTEAN Granite Uranium mineralisation [7] teverent areas NAPPERBY PROJECT . ‘NEW WELL PROSPECT SIMPLIFIED - GEOLOGY AND OUTLINE OF KNOWN URANIUM MINERALISATI
Slide 12: Napperby Drilling
Napperby Drilling
Slide 13: Four Selected Enhanced Plan Sections
YELLOW Leapfrog (v.1.4.4.1) Four Selected Enhanced Plan Sections within the Deep Yellow Drilled Area (red holes in previous slide)
Slide 14: Minus 1m
Minus 1m DEEP YELLOW abo : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm
Slide 15: Minus 3m
Minus 3 m DEEP YELLOW Looking down : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm
Slide 16: Minus 5m
Minus 5m DEEP YELLOW Leia Plan section $50.06 : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm
Slide 17: Minus 7m
Minus 7 m DEEP YELLOW Sst: lelai U,;0; : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm
Slide 18: Minus 9m
Minus 9m DEEP YELLOW Laas eon? U,;0; : Blue = 50, Green = 100, Yellow = 150, Red = 200ppm
Slide 19: Napperby Trenching Programme
Slide 20: i iy A a Ce oe a ie — a
i iy A a Ce oe 7 a ie — a 7 2
Slide 21: Carnotite in Calcrete
Slide 22: Carnotite in Sandy Clay
EEP YELLOW Carnotite in Sandy Clay
Slide 23: Trench West Wall
DEEP YELLOW oe Trench 3 West Wall Sse NNW urtace
Slide 24: Trench East Wall
DEEP YELLOW — Trench 3 East Wall 2 DYL Drill Hole hw yas
Slide 25: Corner Co-ordinates of Cleared Drill Area
‘orner Co-ordintatos of Clearod Drill Aro serzac| 784389 n 2268107] 7 asa7n| 3 eae] 7 ase Arvo to be elearott for « eee (ee Yl On He
Slide 26: Tanami - Arunta
DEEP YELLOW eagner Tanami — Arunta Acquired 100% rights to uranium within Tanami Gold’s tenements covering 50,732 km? Ongoing studies by Deep Yellow of available data defines substantial new targets New Deep Yellow 100% tenements 6,375 km? Commenced CLC and Landowner negotiations for access to prosp
Slide 27: Tanami - Arunta Province
DEEP YELLOW Tanami — Arunta Province ‘TENNANT CREEK nee SOLITAIRE, as FEE Deep Yellow Tanure 100% Total land holding ; 6375km? Tanami Gold NL Agreement Total land holding : 50,732? -
Slide 28: Tanami - Arunta - Officer Project
DEEP YELLOW - . Tanami — Arunta - Officer Project
Slide 29: Officer Project - Uranium Channel
Slide 30: NW Joint Venture
NW Joint Venture * Matrix Metals Ltd - acquired the uranium rights to ~5000 km? around Mt Isa and Cloncurry ¢ Multiple uranium anomalies and drill intercepts for immediate follow-up * Lochness Prospect - significant regional uranium anomaly, large untested ferruginous outcrop / alteration zone « Acc
Slide 31: NW Joint Venture
EP YELLOW BE " nM NW Joint Venture ee MT WeMEBOR facchicore major tauns Mine Uranium Prospects Other Prospects
Slide 32: NW JV - Lochness Prospect
JEEP te a NW JV — Lochness Prospect ee ae ae Ae a i
Slide 33: South Australia - Western Gawler Project
DEEP YELLOW South Australia - Western Gawler Project Dominion Gold Operations Ltd — Acquired the uranium rights to 3,295 km? Negotiations to include a further 2,000 km? +40,000 calcrete sample in database from surface sampling and shallow drilling —- no uranium assays Several southwest to south flow
Slide 34: Western Gawler Project
EEP YELLOW Western Gawler Project Dominion Gold Operations Pty Ltd Total land holding at 21102106 < 3,295km? ine Skye. EL2s0e Tarcoola -|
Slide 35: South Australia - Frome Basin Database / Siccus JV
EEP YELLOW ~ South Australia — Frome Basin Database / Siccus JV * Acquired Paladin Database covering ~25,000km? * Covers known sandstone / ISL deposits Beverley and Honeymoon * One tenement held (90%) with palaeochannel / drill targets at +150 m depth. Access to be negotiated ¢ New discovery by Alli
Slide 36: Frome Basin - Siccus JV & Alliance Discovery
SICCUS JOINT VENTURE! E1g2a8 DEEP YELLOW Frome Basin - Siccus JV & Alliance Discovery =. 4 < 4 TERTIARY anh oo ; CRETACEOUS |. Sead oi clay 4 EARLY aj 3 ventiariy MANE) Patssocnanmet sama i CAMBRIAN ant 4 j 3 i : NEOPROTEROZOIC Adelside Geoaynctine 7 a * i Wt Painter Wither eo MESOPROTEROTOK anu PAL
Slide 37: Looking Forward
ap . “ ee PTELLOW Looking Forward Cashed up after ‘Entitlement Issue’ Capital Raising with ~$15 million in the bank Advance Napperby Resource First-pass drilling at NE Arunta project Commence work on Queensland and South Australian tenements Negotiations with CLC for access to Tanami — Arunta teneme
Slide 38: June 2006
JUNE 2006