Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (December 2025)
21 slides from Devex Resources's investor presentation, Dec 1, 2025
Slide 1: Positioned for growth in the resurging uranium sector
WE SHOULD USE A For personal use only NEW PHOTO HEREES THIS SLIDE NEED TO BE UPDATED? Positioned for growth in the resurging uranium sector 1 December 2025 ASX: DEV
Slide 2: Important Information
Important Information Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, The information in this Presentation that relates to Exploration Results for the Nabarlek Project is extracted from the ASX ‘estima
Slide 3: Value Driving Team: Discovery to Development
Value Driving Team : Discovery to Development Board and Management Capital Structure Tim Goyder Chairman Shares 441.69M For personal use only Mining executive with 40+ years of mining experience and a strong track record of successful investment and value creation for shareholders. Chairman of Liont
Slide 4: The New Force in Uranium
The New Force in Uranium Positioning for Growth For personal use only Full value chain expertise 2026 drill program + Targeting the next large Highly prospective NT to explore, discover, strategic M&A to accelerate scale, high grade deposit, landholdings in premier acquire, develop and portfolio gro
Slide 5: Why Uranium? Exploration and development required to fill the gap
Why Uranium? Exploration and development required to fill the gap Uranium Supply Demand (Upper Scenario)1 For personal use only Supply gaps forecast to 2040 + beyond A growing supply shortfall – forecast to increase 200% by 2040… 5 Source: See References Slide.
Slide 6: Why DevEx – Building an Energy Portfolio
Why DevEx – 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 Projects Kennedy Rare Ea
Slide 7: Giant high-grade unconformity-type uranium deposits
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 (host to some of the world’s largest uranium mines including NexGen Energy Limited’s Arrow Uranium deposit) and leverage DevEx's posit
Slide 8: The Tale of Two Basins
THE TAIL OF TWO BASINS Unconformity-Type Uranium Deposits: Targeting the Next Monster McArthur Basin, Northern Territory Athabasca Basin, Canada For personal use only DevEx’s uranium strategy: Targeting Jabiluka-Scale Opportunities 8 Source: Public information. Mineralisation outlines may vary betwe
Slide 9: Nabarlek Project: Piecing the picture together
NABARLEK PROJECT Piecing the picture together in a world-class uranium mining region Region Alligator Rivers Uranium Province, some of the world’s largest uranium deposits on the north-western margin of the McArthur Basin uranium For personal use only endowment of over 730Mlbs1-3 Established uranium
Slide 10: Nabarlek Project: What does the acquisition deliver
NABARLEK PROJECT What does the acquisition deliver Following Completion of Acquisitions Large, 100% owned, contiguous ground holding in Alligator Rivers Uranium Province of over 9,200 square kilometres including: For personal use only Extensive portfolio of granted tenements. Unexplored targets on t
Slide 11: Nabarlek and U40 Fault Corridors
NABARLEK PROJECT Nabarlek and U40 Fault Corridors Nabarlek Fault Corridor Area: Hosts the historical Nabarlek Uranium Mine For personal use only Structure: Significant uranium mineralisation identified along the fault zone north and south of mine Rocks: Nabarlek-host rocks re-occurring beneath the m
Slide 12: Where could a Jabiluka-scale deposit be found within Nabarlek?
2025 FOCUS Where could a Jabiluka-scale deposit be found within Nabarlek? Multiple, undrilled large-scale uranium targets For personal use only surrounding the historical Nabarlek Uranium Mine. Targets are characterised by: • Extensive, high-order Radon Track Etch anomalies • Large alteration footpr
Slide 13: Exploring the Angularli Fault Corridor at Sandfire
NABARLEK PROJECT Exploring the Angularli Fault Corridor at Sandfire Strategically located south-east of Deep Yellow’s (ASX:DYL) Angularli Deposit (32.9Mlbs @ 1.09% U₃O₈). For personal use only Sandfire (shown) and Spitfire Prospects lie along the Angularli Fault Corridor. Highly prospective and unde
Slide 14: Murphy West Project: An emerging uranium asset
MURPHY WEST PROJECT An emerging uranium asset Extensive airborne radiometric and For personal use only magnetic survey completed, identifying multiple large-scale uranium anomalies up to 2km in length. Surface geochemistry program now underway, targeting the most significant radiometric anomalies to
Slide 15: Exploration of Our Assets: 2026 Focus
Exploration of Our Assets 2026 Focus 2026 Drilling Programs at Nabarlek and Murphy West Projects to springboard off recent exploration and aquisitions activities Nabarlek Uranium Project For personal use only Big Radon and KP : Gravity surveys identify priority structures beneath extensive radon ano
Slide 16: Contact Us
For personal use only Scan the QR code Contact Us Investor Relations to view or share a digital version Level 3, 1292 Hay Street Read Corporate of this presentation West Perth WA, 6005, Australia Nicholas Read +61 8 6186 9490 info@devexresources.com.au +61 8 9388 1474 nicholas@readcorporate.com.au i
Slide 17: References
References Nabarlek Project – Slide 9 (Body): Filling the Gap Our assets are aligned with a strong resurgence - Slide 4: 1. McKay, A.D. & Miezitis, Y., 2001. Australia’s uranium resources, geology and development of deposits. AGSO-Geoscience 1. World Nuclear Association, Nuclear Fuel Report 2023 – 2
Slide 18: Appendices
For personal use only Appendices
Slide 19: 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 20: Murphy West Project: An emerging uranium asset
MURPHY WEST PROJECT An emerging uranium asset For personal use only Large undrilled soil and radiometric anomalies recognised in favourable structural positions at Murphy West Targets are untested by previous explorers despite favourable geological setting and scale. Similar pathfinder anomalies to
Slide 21: Kennedy Project: Critical Rare Earths - starting from surface
KENNEDY PROJECT Simple is best : Critical Rare Earths - starting from surface One of only a select few ionic clay projects defined in Australia. For personal use only Inferred Mineral Resource Estimate (MRE): 150Mt @ 1,000ppm TREO1 (470ppm TREO-CeO2) Shallow, easy to dig : Mineralisation occurs from
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