Devex Resources Ltd · ASX:DEV
Devex Resources — Resources Rising Stars (November 2022)
17 slides from Devex Resources's conference presentation, Nov 29, 2022
Slide 1: Exploring Australia's Discovery Hotspots
For personal use only EXPLORING AUSTRALIA’S DISCOVERY HOTSPOTS Resources Rising Stars | Presentation 29 November 2022 ASX : DEV
Slide 2: Important Information
Important Information Forward Looking Statements For personal use only 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 Australia's discovery hot-spots
Exploring Australia’s discovery hot-spots Alligator Rivers Uranium Province, NT For personal use only Nabarlek • Nabarlek Project – Targeting high-grade uranium and copper-gold, surrounding the historical Uranium Project Nabarlek Uranium Mine (24 Mlbs @ 1.84% U3O8 produced) • Unique - One of very fe
Slide 4: Corporate Overview
Corporate Overview Board of Directors For personal use only Capital Structure Tim Goyder Shares 366.1M Chairman Mining executive with strong track record of successful investment and value creation for Options 14.5M shareholders. Market Cap $102.5M (at 28c2) Chairman of Liontown Resources, NED of Mi
Slide 5: Major uranium asset in Australia's highest-grade uranium province
Major uranium asset in Australia’s highest-grade uranium province For personal use only The Alligator Rivers Uranium Province, NT (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources )1,2 • Close analogue to uranium deposits in the Athabasca Basin in Canada, incl.: • Arrow (Ne
Slide 6: The Nabarlek Deposit: Where it's all about the grade
The Nabarlek Deposit: Where it’s all about the grade !! For personal use only ASX : DEV Announcement – 9 October 2018. • Nabarlek uranium mineralisation : Significant concentration of uranium mineralisation mined from the pit • Strong Structural Control : Strong control to high-grade uranium mineral
Slide 7: Nabarlek Project Time to Power Up
Nabarlek Project Time to Power Up For personal use only 150 Nabarlek Mine Area 125 • Exploration centered on the 100 historical Nabarlek Uranium Mine Uranium Spot Price Exploration Camp • Well established infrastructure US$/lb Acquired Nabarlek 75 and support network Fukushima Event March 2022: US$5
Slide 8: Nabarlek Project: Delivering results across multiple uranium prospects
Nabarlek Project: Delivering results across multiple uranium prospects 2022 Drilling now delivering multiple high For personal use only grade uranium: Nabarlek South Near surface fracture hosted uranium mineralisation in dolerite, preliminary results incl. 10.1m @ 1.1%* U3O8 from 123m incl 3.3m @ 2.
Slide 9: Nabarlek Project: Near surface uranium at Nabarlek South
Nabarlek Project: Near surface uranium at Nabarlek South For personal use only • Near surface fault hosted uranium mineralisation in dolerite • Preliminary results from diamond drilling indicates multiple narrow high-grade uranium in fractures with potential to bulk out over broader intervals • Furt
Slide 10: Nabarlek Project: New uranium intercept at U42 in basement rocks
Nabarlek Project: New uranium intercept at U42 in basement rocks For personal use only U42 Prospect • Large scale uranium target identified, similar in style to nearby world class Ranger Uranium Deposit • Broad spaced reconnaissance RC drilling has intersected new high-grade uranium mineralisation b
Slide 11: Nabarlek Project: Uranium trends to the north, untested
Nabarlek Project: Uranium trends to the north, untested For personal use only U42 Prospect • Airborne radiometric data supports a north- west uranium trend for several kilometres north of Hole 14 • Wide open drilling opportunity 11
Slide 12: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region For personal use only • Recent discovery of high-grade palladium and associated 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 13: Central Lachlan Fold Belt Region: Sizeable portfolio amongst majors
Central Lachlan Fold Belt Region: Sizeable portfolio amongst 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 (Evolution M
Slide 14: Nangus Road Prospect: Large scale Au-Cu Drill Target
Nangus Road Prospect: Large scale Au-Cu Drill Target For personal use only • Recent drilling defining shallow high-grade gold mineralization - open to the north, south and at depth • Gold intercepts lie within strongly altered, sheared, Billabong Creek volcanic rocks flanked by IP Chargeability monz
Slide 15: North Cobar Project: Exploration commencing in Cobar's Copper-Gold Belt
North Cobar Project: Exploration commencing in Cobar’s Copper-Gold Belt For personal use only • The region is host to numerous major gold-polymetallic mines • DevEx awarded North Cobar tenement during a competitive bid with the New South Wales Government • Exploring northern extension to the Rockery
Slide 16: DevEx Next Steps
For personal use only DevEx Next Steps Nabarlek • Awaiting all assay results from drilling at Nabarlek • Planning underway for recommencement of activities in second quarter 2023 Sovereign • Ground EM surveys over the mafic-ultramafic intrusion have recommenced • EM conductors will be fast tracked t
Slide 17: Contact Details and References
For personal use only Contact Details Investor Relations Level 3, 1292 Hay Street Read Corporate West Perth WA 6005, Australia Nicholas Read +61 8 9388 1474 +61 8 6186 9490 nicholas@readcorporate.com.au +61 8 6186 9495 info@devexresources.com.au https://twitter.com/DevExResources www.devexresources.
DevEx Resources — Resources Rising Stars (November 2022) on 6ix