Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (October 2022)
16 slides from Devex Resources's investor presentation, Oct 20, 2022
Slide 1: Powering Up: Exploring in Australia's Highest-Grade Uranium Province
For personal use only POWERING UP EXPLORING IN AUSTRALIA’S HIGHEST- GRADE URANIUM PROVINCE Investor Presentation 20 October 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) • One of very few ASX com
Slide 4: Corporate Overview
Corporate Overview Board of Directors For personal use only Capital Structure Tim Goyder Shares 359.6M Chairman Mining executive with strong track record of successful investment and value creation for Options 14.5M shareholders. Market Cap $108M (at 30c2) Chairman of Liontown Resources, NED of Mine
Slide 5: Major uranium asset in Australia's highest-grade uranium province
Major uranium asset in Australia’s highest-grade uranium province For personal use only The Alligator Rivers Uranium Province, NT (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources )1,2 • Close analogue to uranium deposits in the Athabasca Basin in Canada, incl.: • Arrow (Ne
Slide 6: Nabarlek Project Time to Power Up
Nabarlek Project Time to Power Up For personal use only 150 Nabarlek Mine Area 125 • Exploration centered on the 100 historical Nabarlek Uranium Mine Uranium Spot Price Exploration Camp • Well established infrastructure US$/lb Acquired Nabarlek 75 and support network Fukushima Event March 2022: US$5
Slide 7: 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 equivalent (eU3O8) results : Nabarlek South Near surface fracture hosted uranium mineralisation in dolerite, preliminary results incl. 10.7m @ 1.2% eU
Slide 8: 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 9: 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 • Broad spaced reconnaissance RC drilling has intersected new high-grade uranium mineralisation beneath the flat dolerite: 1.9m @ 0.44% eU3O8 from 187m incl 0.6m @ 1.03% eU3O8 • RC drill chip: Black u
Slide 10: Nabarlek Project: Large Nabarlek-type target at Overload Prospect
Nabarlek Project: Large Nabarlek-type target at Overload Prospect Overload Prospect For personal use only Overload Prospect: • Nabarlek-type uranium bearing quartz breccia mapped at Overload • Step back drilling required south of the dolerite • RC/Diamond drilling to test large radon-track-etch anom
Slide 11: 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 12: 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 13: 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 14: DevEx Next Steps
For personal use only DevEx Next Steps Nabarlek • Currently two RC/diamond drill rigs on site testing priority targets including: ‒ Nabarlek South ‒ North Buffalo, Coopers and Overload ‒ U42 Sovereign • Ground EM surveys over the mafic-ultramafic intrusion planned for November. Junee • Planning for
Slide 15: 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.
Slide 16: Appendix - The Nabarlek Deposit: Where it's all about the grade
Appendix - 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 uran
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