Deep Yellow Limited · ASX:DYL
Deep Yellow — Austock Securities Uranium Conference 2011
31 slides from Deep Yellow's conference presentation, May 13, 2011
Slide 1: A Multi-Project Company and the next emerging Namibian Developer
Deep Yellow For personal use only Limited “A Multi-Project Company and the next emerging Namibian Developer” Austock Securities Uranium Conference 13 May 2011 Greg Cochran – Managing Director ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer - Forward Looking Statements
Disclaimer Forward Looking Statements For personal use only This presentation has been prepared by Deep Yellow Limited (“Deep Yellow”). The information contained in this presentation is of a general nature only and does not constitute and offer to issue, or to arrange an issue, of securities or fina
Slide 3: Overview & Vision
Overview & Vision Corporate Profile For personal use only Project Locations • Australia • Namibia Namibian Project Portfolio Flagship Projects • Omahola • Shiyela Magnetite Iron Summary and Conclusion Commence uranium production in Namibia by 2014/5 and continue to successfully grow our uranium reso
Slide 4: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 12 May 2011 Mervyn Greene – Chairman Shares on Issue 1,127.53 M Greg Cochran – Managing Director Unlisted Options/Perf. Rights 25.08 M Martin Kavanagh – Executive Director Market Cap (@ 18c) 203 M Gillian Swaby – N.E.D Net C
Slide 5: Project Locations: Australia - NT
Project Locations: Australia - NT 28,180 km2 exploration area: 7.4 Mlbs in resources For personal use only
Slide 6: Project Locations: Australia - Queensland
Project Locations: Australia - Queensland 1,688 km2 exploration area: 3.4 Mlbs in resources For personal use only
Slide 7: Project Locations: Namibia
Project Locations: Namibia For personal use only 4,195 km2 exploration area: 87.2 Mlbs in resources Note: Exploration in Namibia is conducted by DYL’s wholly-owned subsidiary Reptile Uranium Namibia (RUN)
Slide 8: Namibia - Land of Elephants
Namibia – Land of Elephants Marenica – Marenica Energy Limited For personal use only (100ppm cut-off) 196 Mt @ 169ppm: 73 Mlbs Trekkopje - Areva (100ppm cut-off) 335 Mt @ 149: 110 Mlbs Valenica – Forsys Metals (100ppm cut-off) 335 Mt @ 149: 110 Mlbs Rossing – Rossing Uranium Limited (100ppm cut-off)
Slide 9: A Focus on Quality
A Focus on Quality For personal use only Apply strict criteria: Grade: • ~300ppm U3O8 for palaeochannel and sheetwash calcretes • ~400ppm U3O8 for hard rock open pit deposits (alaskites) • ~1,000ppm U3O8 for potential underground deposits Minimum 18Mlbs U3O8 per deposit with upside (15 yr mine life)
Slide 10: Namibian Project Portfolio
Namibian Project Portfolio…. For personal use only INCA URANIFEROUS TUBAS RED ONGOLO OMAHOLA PROJECT MAGNETITE SAND ALASKITE JORC resource JORC resource Primary mineralisation Primary mineralisation Secondary mineralisation Hardrock – Drill & blast Hardrock – Drill & blast Free dig Acid plant treatm
Slide 11: ....and what have we achieved so far
…. and what have we achieved so far For personal use only INCA URANIFEROUS TUBAS RED ONGOLO OMAHOLA PROJECT MAGNETITE SAND ALASKITE Open pit to ~120m Surficial to ~15m Open pit to ~200m? Uraniferous Magnetite Calcrete Alaskite Cut-off 250ppm Cut-off 100ppm Cut-off 275ppm Grade ~ 400ppm Grade ~160ppm
Slide 12: Omahola Project
For personal use only Omahola Project
Slide 13: Omahola Project Basics
Omahola Project Basics For personal use only Three Deposits to feed plant: • INCA – unique uranium, magnetite and pyrite mineralisation • Tubas Red Sand – surficial sands with uranium mineralisation – recently proven physical beneficiation upgrading process – recovers over 80% of uranium in 20% of m
Slide 14: Omahola Project - Interim PFS Results
Omahola Project – Interim PFS Results For personal use only Study by SNC-Lavalin, interim results released in January 2011: Production 2.2Mlbs U3O8 per annum commencing 2014 Targeting resources for a minimum 12 year mine life INCA and Ongolo open-cut mining Tubas Red Sand surface mining & physical b
Slide 15: Omahola Project - Interim PFS Results (Cont)
Omahola Project – Interim PFS Results (Cont) For personal use only Capital costs estimate: US$324 – US$336 million (includes 10% contingency) Accuracy: -15% to +25% Operating cost estimate: US$24.90 – US$25.30/lb U3O8 Sulphuric acid to be partially generated on-site Iron (Magnetite) could be produce
Slide 16: Omahola Project Proposed Plant Layout
Omahola Project Proposed Plant Layout For personal use only
Slide 17: Omahola Project Development Vision
Omahola Project Development Vision For personal use only
Slide 18: Shiyela Magnetite Iron Project
Shiyela Magnetite Iron Project For personal use only Clear Infrastructure advantage – power and 45 kilometres by road from deep water port of Walvis Bay
Slide 19: Shiyela Magnetite Iron Project
Shiyela Magnetite Iron Project For personal use only Fast tracking the assessment of Project potential: Evaluation of magnetite cores revealed potential to produce high- grade iron magnetite concentrate with low impurities Regional aeromagnetic anomaly of ~20km identified Resource drilling confirmed
Slide 20: Shiyela Magnetite Iron Project
Shiyela Magnetite Iron Project For personal use only
Slide 21: Shiyela - Exploration Progress
Shiyela – Exploration Progress For personal use only Initial programme designed to drill out: • 120 ~ 150Mt of ore at 25% recovery • ~30Mt high-grade magnetite • 15 year mine life at 2Mtpa Drilling extended due to significant success Programme recently completed Golder Associates (Perth) for JORC Re
Slide 22: Shiyela - Metallurgical Progress
Shiyela – Metallurgical Progress For personal use only ProMet Engineers (Perth) to conduct scoping study Ammtec (Perth) conducting metallurgical tests: • Optimum grinding curve • Tailings rejection assessment • Magnetic Separation • Abrasion Index • Unconfined Compressive Strength ALS (Perth) conduc
Slide 23: Shiyela - Progress and Next Steps
Shiyela – Progress and Next Steps For personal use only
Slide 24: Summary and Conclusion
Summary and Conclusion For personal use only JORC Resource estimate for Ongolo Alaskite delivered Complete and review Omahola Project PFS Commence DFS JORC Resource estimates for Shiyela Iron project Complete Scoping Study on Shiyela Iron project Submit mining licence applications – Omahola & Shiyel
Slide 25: Contact Details
Contact Details For personal use only Greg Cochran Managing Director Deep Yellow Limited Level 1, 329 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 26: Appendices
For personal use only Appendices
Slide 27: JORC Resource Summary - May 2011
JORC Resource Summary – May 2011 Cut-off U3O8 U3O8 Deposit Category Tonnes (M) U3O8 (ppm) (ppm U3O8) (t) (Mlb) For personal use only REPTILE URANIUM NAMIBIA (NAMIBIA) Omahola Project INCA Indicated 250 9.4 385 3,628 8.0 INCA Inferred 250 5.5 445 2,449 5.4 Ongolo Indicated 275 4.7 410 1,920 4.2
Slide 28: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource estimation for Tumas and Aussinanis is based on For personal use only work completed by Mr Jonathon Abbott who is a full-time employee of Hellman and Schofield Pty Ltd and a member of the Australasian Inst
Slide 29: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource for the Tubas Red Sand deposits is based on For personal use only information compiled by Mr Mike Hall, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Hall is Consulting Geologi
Slide 30: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to the Mineral Resource estimation for the Mount Isa Projects is based on work compiled by Mr Neil Inwood, a Member of the Australasian Institute of Mining and Metallurgy. Mr Inwood is employed by Coffey Min
Slide 31: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to Exploration Results for the Napperby Project is based on information compiled by Dr David Rawlings who is a Member of The Australasian Institute of Mining and Metallurgy. Dr Rawlings is a full-time employ
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