Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (May 2024)
16 slides from Devex Resources's investor presentation, May 20, 2024
Slide 1: Targeting High-Grade Uranium
For personal use only Targeting High-Grade Uranium Investor Presentation May 2024 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’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties. These statements are
Slide 3: Well-funded and led by a proven team
Well-funded and led by a proven team Board of Directors Capital Structure For personal use only Tim Goyder Chairman Shares 441.19M Mining executive with strong track record of successful investment and value creation for shareholders. Chairman of Liontown Resources, NED of Minerals 260 and EntX, for
Slide 4: Major Focus on Northern Territory uranium - proven uranium region
Major Focus on Northern Territory uranium - proven uranium region Exploring the margin of the prestigious McArthur Basin +700 Mlbs U3O8 endowment (Mined and current Mineral Resources 1,2) For personal use only Famous for large high grade uranium deposits (unconformity type) Analogous to uranium depo
Slide 5: Nabarlek Uranium Project
For personal use only Nabarlek Uranium Project Northen Territory, 100% Nabarlek Project site, airstrip and surrounding infrastructure
Slide 6: Alligator Rivers Uranium Province
NABARLEK PROJECT Alligator Rivers Uranium Province Brownfield exploration centred on the historical Nabarlek For personal use only Uranium Mine – Australia’s highest-grade uranium mine: Production History: 24 Mlbs @ 1.84% U3O81 DevEx holds a dominant ground position of +4,700km2 Exploring the Nabarl
Slide 7: Alligator Rivers Uranium Province: Unconformity uranium deposits
ALLIGATOR RIVERS URANIUM PROVINCE Unconformity uranium deposits For personal use only 7 Source: Public information. Mineralisation outlines may vary between deposits
Slide 8: 2024 Drilling to focus on two uranium bearing fault zones
NABARLEK PROJECT 2024 Drilling to focus on two uranium bearing fault zones 01 Nabarlek Fault Corridor For personal use only Hosts the historical Nabarlek Uranium Mine Recent uranium intercepts at the unconformity north and south of Nabarlek incl: • 13.0m @ 0.28% (6.17 lb/t) U3O8 from 41m 02 U40 Faul
Slide 9: Significant uranium mineralisation along the Nabarlek Fault Corridor
NABARLEK PROJECT Significant uranium mineralisation along the Nabarlek Fault Corridor Priority Diamond and RC to target the uranium bearing For personal use only fault corridor at Nabarlek, incl: North of the Nabarlek Mine: • Drilling to follow-up recent shallow uranium intercepts at the unconformit
Slide 10: Nabarlek Deposit (mined out) – small footprint, high grade
NABARLEK PROJECT Nabarlek Deposit (mined out) – small footprint, high grade Three High-Grade Uranium Shoots – Historical drilling has not conclusively closed out uranium mineralisation down plunge Drilling to test for the extension to the Nabarlek uranium mineralisation along two untested down-plung
Slide 11: U40 Prospect – Extensive uranium system +500m
NABARLEK PROJECT U40 Prospect – Extensive uranium system +500m Diamond and RC drilling to follow up recent high grade uranium intercepts For personal use only 11
Slide 12: U40 Prospect East Zone – Significant growth in scale, open ended
NABARLEK PROJECT U40 Prospect East Zone – Significant growth in scale, open ended For personal use only 12 Long Section does not include uranium intercepts from the West Zone
Slide 13: Murphy West Uranium Project
For personal use only Murphy West Uranium Project Northen Territory, earning 75% Nabarlek Project site, airstrip and surrounding infrastructure
Slide 14: Murphy West Uranium Project: An emerging uranium asset
MURPHY WEST URANIUM PROJECT An emerging uranium asset Large ground holding (~7,000 km2) west of the Queensland Westmoreland uranium deposits For personal use only Same host rocks on the NT side, including the prospective Westmoreland Conglomerate Minimal uranium exploration including irregular and p
Slide 15: Next Steps
Next Steps For personal use only Nabarlek Project RC and Diamond Drilling commencing this month Priority targets include: • U40 Prospect; and • Adjacent to the historical Nabarlek Uranium Mine New targets emerging from recent geophysics Advancing priority tenement applications Exploring 12,000km2 of
Slide 16: References / Thank You Contact Details
For personal use only References Nabarlek Project – Slide 4 and Slide 6: 1 Production History: Thank You Contact Details Level 3, 1292 Hay Street Investor Relations Read Corporate McKay, A.D & Miezitis, Y. 2001. Australia’s uranium resources, geology and development of deposits. AGSO – Geoscience Au