Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (March 2020)
14 slides from Devex Resources's investor presentation, Mar 5, 2020
Slide 1: Exploring for Porphyry Copper-Gold Discoveries in the Lachlan Fold Belt
For personal use only EXPLORING FOR PORPHYRY COPPER-GOLD DISCOVERIES IN THE LACHLAN FOLD BELT Investor Presentation MARCH 2020 ASX : DEV
Slide 2: Important Information
Important Information For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking statements”. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such s
Slide 3: Corporate Overview
Corporate Overview For personal use only Capital Structure Major Shareholders Shares ~190.3M Tim Goyder (Chairman) ~22% Fully diluted ~205.2M Top 20 51% Options ~14.9M Market Cap ~$9.9M (at 5.2c) Cash* ~$3.6M Assets PhosEnergy Limited (8.8%) -5.1M shares Board & Management Tim Goyder Chairman Brenda
Slide 4: DevEx's NSW Focus
DevEx’s NSW Focus A new copper-gold exploration opportunity in the premier Lachlan Fold Belt of NSW • Exploration and investor resurgence in the Belt following recent drilling success For personal use only such as Alkane Resources’ Boda Prospect, Stavely Minerals Limited’s Thursday’s Gossan Prospect
Slide 5: Building a large portfolio in the Lachlan Fold Belt
Building a large portfolio in one of Australia's most exciting porphyry copper-gold regions - the Lachlan Fold Belt 1 Junior explorers riding a new wave of discoveries For personal use only • Alkane Resources3 (ASX: ALK) a single diamond drill hole indicated Cadia-style mineralisation and grade over
Slide 6: Junee Project: Exploring for a Cadia-Ridgeway style copper-gold discovery
Junee Project: Exploring for a Cadia-Ridgeway style copper-gold discovery • Dec 2017 – Re-rating of the district with Government For personal use only (GSNSW) mapping identifying porphyry monzonite intrusions contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrusions1
Slide 7: Junee Project: Exploration ramps up in 2020
Junee Project: Exploration ramps up in 2020 For personal use only 1 Riversdale North Prospect • 2019 assays and mapping identified oxidised copper associated with epidote veins and alteration, including a gold + base metal gossan assaying 2.81g/t Au, 0.4% Cu and 1.3% Pb Billabong Creek • 2020 a new,
Slide 8: Geophysics upgrades priority drill targets
Geophysics upgrades priority drill targets Riversdale North For personal use only IP Chargeability 1 Riversdale North Prospect • Coincident IP chargeability anomaly near surface and directly beneath surface occurrences of scattered oxidised copper and gold mineralisation amongst porphyry type altera
Slide 9: DevEx progressive drill campaign underway – Nangus Road Prospect
DevEx progressive drill campaign underway – 3 Nangus Road Prospect and surrounding targets first in +25 years For personal use only • Feb 2020: DevEx commences a ~60-hole air-core (AC) drilling programme testing the prospective fault corridor centred around the Nangus Road area. • The fault corridor
Slide 10: Bogong Copper Gold Project: 60km SW of Junee Project, NSW
Bogong Copper Gold Project: 60km SW of Junee Project, NSW For personal use only PERTH SYDNEY Junee Project Bogong Project Basin Creek Project Major explorers within the Junee-Narromine Volcanic Belt Newmont Goldcorp Exploration Pty Ltd | Freeport-McMoran Exploration Australia Pty Ltd | Evolution Min
Slide 11: Bogong Project: Diamond drilling defines copper sulphide zone over +400m strike
Bogong Project: Diamond drilling defines copper sulphide zone over +400m strike For personal use only • 2019 Drilling designed to test historical copper intercepts and newly identified IP anomalies • Drilling intersects structurally controlled copper sulphide mineralisation (chalcopyrite and bornite
Slide 12: 2020+ Forward Plan
2020+Forward Plan... Junee Copper-Gold Project • Project-scale exploration underway, including 60-hole air-core (AC) drilling programme For personal use only • Following the highly encouraging IP survey results, planning is underway to expand drilling Bogong Copper-Gold Project • Maiden diamond dril
Slide 13: Experienced exploration and development team
Experienced exploration and development team – invested and motivated For personal use only Tim Goyder Brendan Bradley Richard Hacker Bryn Jones CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Perth-based mining investor A Geologist with 20+ years of A Chartered Accountant E
Slide 14: Contact Details
For personal use only Contact Details Level 2, 1292 Hay Street West Perth WA 6005, Australia +61 8 9322 3990 +61 8 9322 5800 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic