Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (June 2020)
24 slides from Devex Resources's investor presentation, Jun 4, 2020
Slide 1: Investor Presentation June 2020 announcement
4th June 2020 For personal use only Investor Presentation June 2020 DevEx Resources Limited (ASX: DEV or “the Company”) is pleased to announce its Investor Presentation for June 2020. The updated presentation introduces the Company's recently announced Julimar Complex Applications in Western Austral
Slide 2: Positioned for Discovery in Australia's Exploration Hot-Spots
For personal use only POSITIONED FOR DISCOVERY IN AUSTRALIA’S EXPLORATION HOT-SPOTS Investor Presentation JUNE 2020 ASX : DEV
Slide 3: 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 4: Highly prospective ground in Australia's exploration hot-spots
Lachlan Fold Belt, NSW (100% owned) Highly prospective • New wave of explorers hunting for the next Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd), sparking significant interest in the region. ground in Australia’s For personal use only • DevEx has built a large +600km2 g
Slide 5: Corporate Overview
Corporate Overview For personal use only Capital Structure Major Shareholders Shares 190.4M Tim Goyder (Chairman) 24% Fully diluted 205.3M Top 20 48% Options 14.9M Market Cap $21.9M (at 12c) Cash* $2.8M Assets PhosEnergy Limited (8.8%): 5.1M Shares Board & Management Tim Goyder Chairman Brendan Brad
Slide 6: Led by a proven team
Led by a proven team – Supported by an experienced invested and highly motivated technical team and board For personal use only • 35+ years experience. • Extensive experience in epithermal gold and porphyry copper-gold exploration and development in the Lachlan Fold Belt and abroad. Chris Torrey • F
Slide 7: Lachlan Fold Belt Gold, Copper-Gold Projects
Lachlan Fold Belt Gold, Copper-Gold For personal use only Projects NEW SOUTH WALES SYDNEY Basin Creek & Junee Projects Large scale gold and copper-gold potential, tightly held by major miners Rapidly advancing drill targets
Slide 8: Lachlan Fold Belt Region: sizeable portfolio amongst mining majors
Lachlan Fold Belt Region: DevEx has built a sizeable portfolio amongst mining 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 largescale gold deposits including Cowal Gold Mine (
Slide 9: Basin Creek Project: Gold system over +4km strike length
Basin Creek Project: Gold system defined over +4km strike length For personal use only • Current exploration activities focused on Main Ridge Gold Prospect, within the Basin Creek Project. • Extensive gold system defined at surface over +4km strike with recent rock chips up to 8.0g/t gold. • Close a
Slide 10: Main Ridge (North) Prospect: Defining high priority drill targets
Main Ridge (North) Prospect: Defining high priority drill targets For personal use only • Significant cluster of >1g/t gold in rock chips over several hundred metres in northern Main Ridge Prospect. • Anomalous gold in rock chips with a close association with other pathfinder metals including lead a
Slide 11: Junee Copper-Gold Project: 60km NE of Basin Creek
Junee Copper-Gold Project: 60Km NE of Basin Creek Project, NSW For personal use only SYDNEY Basin Creek & Junee Projects Major explorers within the Junee-Narromine Volcanic Belt Newmont Goldcorp Exploration Pty Ltd | Freeport-McMoran Exploration Australia Pty Ltd | Evolution Mining Ltd | Sandfire Re
Slide 12: Junee Project: Underexplored with no drilling for +25 years
Junee Project: Underexplored with no exploration drilling for +25 years For personal use only • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusions contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrusions. • +20km of prospective strike.
Slide 13: 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 14: Riversdale North and Billabong Creek Prospects
1 Riversdale North Prospect • Coincident IP chargeability anomaly near surface Riversdale North For personal use only and directly beneath surface occurrences of IP Chargeability scattered oxidised copper and gold mineralisation amongst porphyry type alteration. 2 Billabong Creek Prospect Billabong
Slide 15: Julimar Complex Applications
Julimar Complex For personal use only Applications WESTERN AUSTRALIA PERTH Julimar Applications Developing a strategic position within a new exploration hot spot Targeting magmatic palladium-nickel-copper deposits
Slide 16: 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 high-grade palladium and associated nickel- copper-platinum group elements (Ni-Cu-PGE) discovery by Chalice Gold Mines Limited (ASX:CHN) has kicked off an exploration boom in the region. • DevEx has secured
Slide 17: Sovereign Project: Field exploration begins in June 2020
Sovereign Project : Field exploration begins in June 2020 For personal use only • New Earn-In-Agreement secures the Sovereign magnetic anomaly, which extends over both the ASQ Tenement and DevEx’s neighbouring Application. • The Sovereign Project is located between the Chalice discovery and Yarawind
Slide 18: 2020+ Forward Plan
2020+ Forward Plan... Junee Copper-Gold Project • Following the highly encouraging IP survey results, planning is underway for Reverse Circulation and Diamond Drilling at Riverside North, Nangus Road and Billabong Creek Prospects For personal use only • Indicative drill programme of 6 holes to test
Slide 19: Next Steps: Planned timeline to drill
Next Steps: Planned timeline to drill 2020 Jun Jul Aug Sept Oct Nov Dec 2021 Julimar Complex, WA For personal use only • Review of previous bauxite drilling • Field mapping and surface geochemistry on western side of Sovereign Project • Ground geophysics (magnetics and electromagnetics) • Prioritsat
Slide 20: 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
Slide 21: Appendix: Other Projects
Appendix For personal use only Other Projects 20
Slide 22: West Arnhem Nabarlek Uranium, Copper-Gold Project
West Arnhem Nabarlek For personal use only Uranium, Copper-Gold Project NORTHERN TERRITORY High-grade uranium-copper-gold opportunity in a proven Uranium system One of few ASX companies drilling for high-grade uranium
Slide 23: Exploring in Australia's high grade uranium province
Exploring in Australia’s high grade uranium province For personal use only The Alligator Rivers Uranium Province (ARUP) • +500 Million Pounds U O endowment (mined and current Resources) 3 8 • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8) • Significant potential exists for Gold-PGE C
Slide 24: Additional References
Additional References For personal use only Basin Creek & Junee Projects – Slide 7 and 10: 1: Alkane Resource Ltd ASX Announcement 9th September 2019. 2: Sky Metals Ltd ASX Announcement 10th February 2020. 3: GSNSW East Riverina Mapping Project - Some Highlights and Implications, Eastlake and Trigg.