Slide 1: High-Impact Exploration in Australia's Discovery Hotspots
HIGH-IMPACT EXPLORATION IN AUSTRALIA’S DISCOVERY HOTSPOTS For personal use only Bell Potter Unearthed Presentation 9 February 2022 ASX : DEV
Slide 2: Important Information
For personal use only Important Information Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertaintie
Slide 3: Exploring in Australia's Discovery Hot-spots
Julimar Complex, WA Exploring in Australia’s • Key position in the emerging Julimar Complex – Chalice Mining’s large palladium-nickel-copper discovery highlights the opportunity in the region discovery hot-spots • Sovereign Project – 12km long differentiated mafic-ultramafic intrusion identified, co
Slide 4: Strong Foundations with Extensive Upside
Strong Foundations with Extensive Upside: Strongly Backed, Leveraged to Discovery Success For personal use only Capital Structure Major Shareholders Shares 314M Tim Goyder (Chairman) 17.5% Options 14.65M Top 20 40.4% Market Cap $138.2M (at 44c2) Cash1 $12.9M Assets PhosEnergy Limited (5.4%): 6.1M Sh
Slide 5: Led by an invested and highly motivated team
Led by an invested and highly Supported by an experienced motivated team… technical team and board • Industrial Chemist with extensive experience For personal use only in the uranium industry • Experienced in the technical evaluation, construction and operation of projects in various commodities Bry
Slide 6: Julimar Complex Nickel-Copper-PGE
Julimar Complex Nickel-Copper-PGE For personal use only WESTERN AUSTRALIA PERTH Sovereign Project Strong strategic position in the heart of a new exploration province Exploring for nickel-copper-platinum group element (PGE) deposits
Slide 7: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region • Recent discovery of high-grade palladium and associated For personal use only nickel-copper-platinum group elements (Ni-Cu-PGE) by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region • Sovereign Project loc
Slide 8: Sovereign Project: Disseminated Ni-Cu sulphides in recent diamond drilling
Sovereign Project: Disseminated Ni-Cu sulphides in recent diamond drilling For personal use only • Three diamond holes drilled to garner insights into the local geometry and framework of the 12km long differentiated mafic-ultramafic intrusion • Observations of the core validates the significant pote
Slide 9: Sovereign Project: Prospective 12km long mafic-ultramafic intrusion
Sovereign Project: Prospective 12km long mafic-ultramafic intrusion For personal use only • Diamond drilling provides a significant endorsement of the Ni-Cu-PGE prospectivity over the larger 12km long Sovereign mafic-ultramafic intrusion • Assays results have confirmed several zones of anomalous Ni
Slide 10: Sovereign Project Summary: Ticking the boxes towards a potential discovery
Sovereign Project Summary: Ticking the boxes towards a potential discovery For personal use only LARGE SCALE RIGHT ROCKS Air-core drilling and Range of rocks consistent magnetics have defined the with the upper portion of a Sovereign Intrusion over a differentiated mafic- And now... strike length of
Slide 11: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Junee Project Basin Creek Project North Cobar North Cobar Project SYDNEY Junee & Basin Creek Projects Large-scale gold and copper-gold potential, tightly held by major miners Major multi-pronged drilling campaign underway, with early encouragemen
Slide 12: Central Lachlan Fold Belt Region: Sizeable portfolio amongst mining majors
Central Lachlan Fold Belt Region: Sizeable portfolio amongst mining majors For personal use only 1 A world-class gold, copper-gold belt Host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd), as well as several large-scale gold deposits including the Cowal Gold Mine (Evol
Slide 13: Junee Project: Under-explored southern extension of the Macquarie Arc
Junee Project: Under-explored southern extension of the Macquarie Arc For personal use only Exploring for “Cadia-Ridgeway type” porphyry Cu-Au mineralisation: • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite,) contemporaneous with the
Slide 14: Nangus Road Prospect: Large scale Au-Cu Drill Target
Nangus Road Prospect: Large scale Au-Cu Drill Target For personal use only • Large Porphyry gold-copper target identified at Nangus Road • Wide-spaced (400m x 200m) air-core drilling has defined extensive Au-Cu bedrock mineralization • ~2km in length • Gold grades up to 3.5g/t Au Billabong Creek IP
Slide 15: Junee Project: Significant alteration system at Nangus Road Prospect
Junee Project: Significant alteration system at Nangus Road Prospect For personal use only • First diamond hole beneath wide spaced Au-Cu air-core intercepts encounters broad zones of • Intense hydrothermal alteration • Pyrite mineralisation • Numerous intermittent quartz- pyrite veins • Core being
Slide 16: Nabarlek Project Uranium, Copper-Gold
Nabarlek Project Uranium, Copper-Gold For personal use only NORTHERN TERRITORY Nabarlek Uranium Project High-grade uranium-copper-gold opportunity in a proven uranium system DevEx well positioned to benefit from an improving uranium market
Slide 17: Major uranium asset in Australia's highest-grade uranium province
Major uranium asset in Australia’s highest-grade uranium province For personal use only The Alligator Rivers Uranium Province, NT (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources )1,2 • Significant gold province “forgotten in time3,4” – unexplored DevEx’s Nabarlek Project
Slide 18: Nabarlek Project: Exploring for high-grade uranium
Nabarlek Project: Exploring for high-grade uranium For personal use only Near-mine uranium exploration focus: • Multiple uranium prospects to explore Nabarlek South Prospect: • Drilling to test beneath a cluster of high- grade uranium intercepts Nabarlek Pit Prospect: • Drilling to test NE edge of t
Slide 19: Nabarlek South Prospect: Cluster of high-grade uranium intercepts
Nabarlek South Prospect: Cluster of high-grade uranium intercepts For personal use only • 1 km south of the Nabarlek Uranium Mine • Uranium mineralisation associated at junction of Nabarlek Fault (host to the Nabarlek uranium deposit) and Gabo Fault • A cluster of high-grade uranium intercepts defin
Slide 20: The Nabarlek Deposit: Where it is all about the grade
The Nabarlek Deposit: Where it is all about the grade !! For personal use only Uranium Mineralisation defined by drilling in northern half of the Nabarlek Pit – now mined out. • Nabarlek Uranium Mineralisation: Significant concentration of Uranium Mineralisation mined from the pit • Strong Structura
Slide 21: Next Steps: Exploration timeline
Next Steps: Exploration timeline 2022 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 For personal use only Sovereign Project, Julimar Complex, WA • Expanded ground EM Commenced • RC / Diamond drilling of potential EM anomalies • Air-core drilling program • Surface geochemistry (eastern side of int
Slide 22: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slides 7-10: 1. Chalice Mining Limited (ASX: CHN) ASX announcement “Tier-1 scale maiden Mineral Resource for Gonneville – 10Moz Pd+Pt+Au (3E), 530kt Ni, 330kt Cu and 53kt Co” on 9th November 2021”. 2. Caspin Resources
Slide 23: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic