Slide 1: Building an Australian and Namibian Uranium Company
For personal use only DEEP YELLOW LIMITED BUILDING AN AUSTRALIAN AND NAMIBIAN URANIUM COMPANY
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
Slide 3: Background
BACKGROUND For personal use only • October 2005 - Directors that included 1970’s uranium people took Board control of ASX listed Deep Yellow Limited • Market cap was then around $10 M and Company had $1 M cash • Commenced an aggressive M & A programme in Australia • Late 2006 expanded into Namibia t
Slide 4: What Makes Deep Yellow Different?
WHAT MAKES DEEP YELLOW DIFFERENT? For personal use only • Purpose built exclusively uranium focused exploration company • Alternative to single uranium project or “bandwagon” companies • Company managed by geoscientists with extensive historic and modern uranium experience (+ 60 years collectively)
Slide 5: Board
BOARD For personal use only • Mervyn Greene. Non-Executive Chairman. An investment banker with senior and management level international experience • Leon Pretorius. Managing Director. A geochemist with wide ranging international uranium exploration experience. MSc and PhD on uranium • Martin Kavana
Slide 6: Corporate
CORPORATE For personal use only • 1,108,726,958 Shares and 43,500,000 Options (8.1 c to 74.6 c) • Market Cap ~$500 million • Current cash and liquid assets ~$70 million • Estimated 5 year exploration budget ~$70 million • Top 20 shareholders hold ~61% • Top 10 shareholders hold ~51% • ASX Top 300 Co
Slide 7: Australian Projects
For personal use only AUSTRALIAN PROJECTS
Slide 8: Queensland
QUEENSLAND For personal use only • Permanently staffed operational base in Mt Isa • Consolidating land position in this uranium province • Direct ownership or access to 100% of uranium rights to over 6,000 km² around Mt Isa and Cloncurry • Multiple uranium anomalies and 1970/80s drill intercepts • R
Slide 9: NW Queensland Tenure
For personal use only NW QUEENSLAND TENURE
Slide 10: Queens Gift Detail
QUEENS GIFT DETAIL For personal use only Significant historical intercepts included: QML 2 – 4.6 m at 5,840 ppm (0.584%) U3O8 from 71.63 m QML 3 – 6.1 m at 830 ppm (0.083%) U3O8 from 32.31 m Agip 1 – 21.0 m at 470 ppm (0.047%) U3O8 from 41.0 m Agip 2 – 4.0 m at 1,020 ppm (0.102%) U3O8 from 72.25 m A
Slide 11: Queens Gift Drill Results
QUEENS GIFT DRILL RESULTS For personal use only • DQRC-0006 9m at 818 ppm U3O8 from 35 m • DQRC-0013 4m at 2,225 ppm U3O8 from 19 m • DQRC-0018 3m at 2,330 ppm U3O8 from 7m • DQRC-0032 50 m at 400 ppm U3O8 from 1m • DQRC-0033 69 m at 467 ppm U3O8 from 8m • DQRC-0041 23 m at 409 ppm U3O8 from 108 m •
Slide 12: Queens Gift Section 600N
QUEENS GIFT SECTION 600N For personal use only
Slide 13: Queens Gift Prospect
For personal use only QUEENS GIFT PROSPECT
Slide 14: Ewen Project Drill Targets
EWEN PROJECT DRILL TARGETS For personal use only
Slide 15: Miranda Prospect an Iron-Oxide System?
MIRANDA PROSPECT AN IRON-OXIDE SYSTEM? 9 m at 960 ppm U3O8; 3 m at 730 ppm U3O8 For personal use only U2 / Th RATIO IMAGE AIRBORNE TOTAL MAGNETICS X Scale 1,000 m
Slide 16: Reptile Uranium Namibia (Pty) Ltd
REPTILE URANIUM NAMIBIA (PTY) LTD For personal use only • Four contiguous Exclusive Prospecting Licences covering ~3,000 km2 that contains historical discoveries of recent gypcrete and sand hosted secondary uranium mineralisation • Prospected by major companies such as Anglo American, Falconbridge,
Slide 17: Location of Project Area
LOCATION OF PROJECT AREA For personal use only
Slide 18: Known Mineralisation and Prospectivity
KNOWN MINERALISATION AND PROSPECTIVITY For personal use only
Slide 19: RC Drilling on Tubas Channel
RC DRILLING ON TUBAS CHANNEL For personal use only
Slide 20: Tubas - Carnotite Outcrop
TUBAS - CARNOTITE OUTCROP For personal use only
Slide 21: Tubas Assay Results - Much Excitement
TUBAS ASSAY RESULTS - MUCH EXCITEMENT For personal use only HISTORICALLY 1 TO 4 m THICK MINERALISATION. RARELY AVERAGING MORE THAN 300 ppm U3O8 RUN REGULARLY INTERSECTING WIDER ZONES AT BETTER GRADES NOTABLY: - Hole No. Depth (m) Interval (m) Lithology U3O8 (ppm) A2.80/7.5 0 to 10 10 Red sand 1,638
Slide 22: Tubas (Run) Drillhole Locations
TUBAS (RUN) DRILLHOLE LOCATIONS For personal use only
Slide 23: Tubas Mineralisation and Drillhole Locations
TUBAS MINERALISATION AND DRILLHOLE LOCATIONS For personal use only
Slide 24: Preliminary Airborne Magnetics
PRELIMINARY AIRBORNE MAGNETICS For personal use only
Slide 25: Preliminary Airborne Radiometrics
PRELIMINARY AIRBORNE RADIOMETRICS For personal use only
Slide 26: Swakopmund Office and Operational Base
SWAKOPMUND OFFICE AND OPERATIONAL BASE For personal use only
Slide 27: The Future
THE FUTURE For personal use only • Concerted exploration and evaluation effort in Namibia - JORC Code and ongoing exploration drilling - Airborne geophysical surveys • Concerted exploration and evaluation effort in Mt Isa area - Ongoing exploration drilling - Mapping - Airborne geophysical surveys •
Slide 28: Thank You
THANK YOU For personal use only DEEP YELLOW AN EXCITING AND GROWING URANIUM COMPANY Dr Leon Pretorius Managing Director