Slide 1: Positioned for growth in the resurging uranium sector
For personal use only Positioned for growth in the resurging uranium sector Tribecca Future Facing Commodities Conference April 2025 ASX: DEV
Slide 2: Important Information
Important Information Forward Looking Statements • “Multiple large-scale uranium targets identified at Nabarlek Project, NT”, released on 1 April 2025; This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, • “Nabarlek Uranium Project
Slide 3: About DevEx Resources
For personal use only About DevEx Resources Rare ASX-listed uranium Strong uranium market Aggressive strategy to explore opportunity Increased AI and nuclear energy our portfolio + grow through the demand versus shrinking supply acquisition of advanced assets Target rich uranium projects - The domin
Slide 4: Well-funded and led by a proven team
Well-funded and led by a proven team Board and Management Capital Structure Shares 441.69M For personal use only Tim Goyder Chairman Mining executive with 40+ years of mining experience and a strong track record of successful investment and value creation for shareholders. Chairman of Liontown Optio
Slide 5: Why uranium? Our assets are aligned with a strong resurgence
Why uranium? Our assets are aligned with a strong resurgence Uranium Supply Demand (Upper Scenario)1 Uranium Price2 For personal use only $120 Feb 2024: 16-year $100 price high US$107 Supply gaps forecast to 2040 + beyond $80 $60 $40 $20 $0 2019 2020 2021 2022 2023 2024 2025 A growing supply shortfa
Slide 6: Nuclear energy is a safe, scalable power source used globally
For personal use only Nuclear energy is a safe, scalable power source used globally 32 438 ~10% Countries including the United States, Operating nuclear power reactors Of the world’s power is currently provided by France and Finland safely use nuclear around the world with 62 under nuclear - safely
Slide 7: Fuelling the Future: Uranium's role in the AI-driven data centre boom
Fuelling the Future: Uranium’s role in the AI-driven data centre boom Unprecedented demand: Driven by Energy-hungry: Rapidly accelerating need Uranium: A carbon-free solution for increasing AI and digital adoption. for stable power sources for data centres. growing energy demands For personal use on
Slide 8: DevEx's Exploration Portfolio – Building an Energy Portfolio
DevEx’s Exploration Portfolio – Building an Energy Portfolio For personal use only Nabarlek Nabarlek Uranium Project North-Western McArthur Basin, Murphy West Northern Territory (100%) Kennedy Jimblebar Murphy West Uranium Project Southern McArthur Basin, Northern Territory (Earning-in) Uranium Proj
Slide 9: Giant high-grade unconformity-type uranium deposits: found in only two regions
Giant high-grade unconformity-type uranium deposits: Found in only two regions of the world DevEx’s Exploration Strategy Replicate the success of the Athabasca Basin and leverage DevEx's position as the dominant uranium explorer in the McArthur Basin, powered by a resurging uranium price For persona
Slide 10: Nabarlek Uranium Project
For personal use only Nabarlek Uranium Project Northern Territory, 100%
Slide 11: Prime location in the heart of a world-class uranium region
NABARLEK PROJECT Prime location in the heart of a world-class uranium region Region Host to some of the world’s largest uranium deposits – the McArthur Basin For personal use only has a uranium endowment of over 730Mlbs1-3 100%-owned Nabarlek Uranium Project primely located on the NW margin of the M
Slide 12: Recent exploration focus on two uranium bearing fault zones
NABARLEK PROJECT Recent exploration focus on two uranium bearing fault zones Nabarlek Fault Corridor For personal use only Hosts the historical Nabarlek Uranium Mine. Drilling identified uranium mineralisation along the fault zone directly beneath the unconformity. Fault zone poorly tested to NW and
Slide 13: Where could a Jabiluka-scale deposit be found within Nabarlek?
2025 FOCUS Where could a Jabiluka-scale deposit be found within Nabarlek? Major exploration review has identified multiple, For personal use only large-scale uranium exploration targets around the historical Nabarlek Uranium Mine. The Jabiluka II deposit is similar in age to Nabarlek and was discove
Slide 14: New targets span several kilometers and have never been drilled
2025 FOCUS New targets span several kilometers and have never been drilled For personal use only Historical drilling has focused on basement exposure where overlying sandstones are stripped away. New targets beneath overlying sandstones and never been drilled: • Big Radon • KP and KP North • Leather
Slide 15: New granted tenements: unlocking new opportunities
NABARLEK PROJECT New granted tenements: unlocking new opportunities Two priority tenements granted north of the For personal use only historic Nabarlek mine. Target rich environment - unexplored and considered highly prospective. Along strike from Deep Yellow Limited’s (ASX:DYL) Angularli Uranium De
Slide 16: Murphy West Uranium Project
For personal use only Murphy West Uranium Project Northern Territory (earning-in)
Slide 17: An emerging uranium asset
MURPHY WEST PROJECT An emerging uranium asset Located west of Westmoreland Uranium For personal use only Project (Laramide Resources Limited, ASX: LAM) in nearby QLD. Three separate Earn-In Agreements to explore for uranium: • Province scale ~10,000km2. • 180km prospective strike along southern marg
Slide 18: Field work underway testing large, high-priority uranium anomalies
MURPHY WEST PROJECT Field work underway testing large, high-priority uranium anomalies New Radiometric and Magnetic Airborne For personal use only Survey identifying large unexplored targets. Radiometric Anomalies (uranium-channel) up to 2km long. Untested by previous exploration. Preliminary interp
Slide 19: Strong relationships with local communities and government
Strong relationships with local communities and government Environment Community Government For personal use only Demonstrated environmental Working with Traditional Strong relationships with key management through the Owners, fostering reconnection stakeholder groups in the ongoing rehabilitation
Slide 20: 2025 Focus
2025 Focus Exploration of Our Assets Nabarlek Uranium Project For personal use only • Major exploration review has identified multiple new large- scale uranium exploration targets • Field investigations to identify priority areas for drilling will commence shortly • New exploration opportunities wit
Slide 21: Appendices
For personal use only Appendices
Slide 22: Kennedy Project: Maiden 150Mt Inferred Mineral Resource
KENNEDY PROJECT Maiden 150Mt Inferred Mineral Resource - starts from surface One of only a select few ionic clay projects defined in Australia For personal use only Significant investment by the QLD Government into infrastructure upgrades and critical minerals in the region. Recent QLD Government su
Slide 23: References
References Nabarlek Project – Slide 11 (Body): Why uranium? Our assets are aligned with a strong resurgence - Slide 5: 1. McKay, A.D. & Miezitis, Y., 2001. Australia’s uranium resources, geology and development of deposits. AGSO- 1. World Nuclear Association, Nuclear Fuel Report 2023 – 2040. Geoscie
Slide 24: Contact Us
For personal use only Scan the QR code Contact Us Investor Relations to view or share a digital version Todd Ross, Managing Director Read Corporate of this presentation +61 416 718 110 Nicholas Read todd.ross@devexresources.com.au +61 8 9388 1474 Level 3, 1292 Hay Street nicholas@readcorporate.com.a