Devex Resources Ltd · ASX:DEV
Devex Resources — Shareholder Meeting (November 2021)
26 slides from Devex Resources's shareholder meeting presentation, Nov 24, 2021
Slide 1: Chairman's Address and AGM Presentation
24th November 2021 For personal use only Chairman’s Address and AGM Presentation Devex Resources Limited (ASX: DEV, “DevEx” or “Company”) is pleased to provide a copy of the Chairman’s Address and the Managing Director’s Presentation to be made at the Company’s Annual General Meeting today. This ann
Slide 2: Chairman's Address – 2021 Annual General Meeting
24th November 2021 For personal use only Chairman’s Address – 2021 Annual General Meeting Good afternoon fellow DevEx Shareholders. It gives me great pleasure to welcome you to the Company’s 2021 Annual General Meeting. I am pleased to say that the past year has been a very good one for DevEx, with
Slide 3: Chairman's Address (continued) and Forward Looking Statement
This review identified multiple exploration opportunities for uranium, copper and gold mineralisation, with exploration set to increase significantly over the next 12 months. Given the rapidly changing dynamics in the uranium sector, I believe that our uranium exploration strategy has the potential
Slide 4: Gaining Momentum in Australia's Discovery Hotspots
GAINING MOMENTUM IN AUSTRALIA’S DISCOVERY HOTSPOTS For personal use only Annual General Meeting | Presentation 24 November 2021 ASX : DEV
Slide 5: Important Information
For personal use only 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 uncertaintie
Slide 6: Exploring in Australia's discovery hot-spots
Julimar Complex, WA Exploring in Australia’s • Strong strategic position in the emerging Julimar Complex – Chalice Mining’s large palladium-nickel- copper discovery highlights the opportunity in the region discovery hot-spots • Sovereign Project – 12km long differentiated mafic-ultramafic intrusion
Slide 7: Strong Foundations with Extensive Upside
Strong Foundations with Extensive Upside: High-impact exploration in proven mineral regions For personal use only Capital Structure Major Shareholders Shares 314M Tim Goyder (Chairman) 17.5% Options 10.9M Top 20 41.3% Market Cap $213.6M (at 68c2) Cash1 $14M Assets PhosEnergy Limited (5.3%): 6.1M Sha
Slide 8: Invested and motivated team, experienced technical team and board
Led by an invested and highly Supported by an experienced motivated team… technical team and board • Industrial Chemist with extensive experience For personal use only in the uranium industry • Experienced in the technical evaluation, construction and operation of projects in various commodities Bry
Slide 9: Julimar Complex – Sovereign Project
Julimar Complex Nickel-Copper-PGE For personal use only WESTERN AUSTRALIA PERTH Sovereign Project Developing a strategic position within a new exploration province Drilling for nickel-copper-platinum group element (PGE) deposits
Slide 10: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region • Recent discovery of high-grade palladium and associated For personal use only 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 11: Sovereign Project: Disseminated Ni-Cu sulphides in recent diamond drilling
Sovereign Project: Disseminated Ni-Cu sulphides in recent diamond drilling For personal use only • Two diamond holes drilled to garner insights into the local geometry and framework of the 12km long differentiated mafic-ultramafic intrusion • Observations of the core validates the significant potent
Slide 12: Sovereign Project: Prospective 12km long mafic-ultramafic intrusion
Sovereign Project: Prospective 12km long mafic-ultramafic intrusion For personal use only • Diamond drilling provides a significant endorsement of the Ni-Cu-PGE prospectivity over the larger 12km long Sovereign mafic-ultramafic intrusion Next Steps: • Extensive ground EM survey underway over the lar
Slide 13: Sovereign Project Summary: Ticking the boxes towards a potential discovery
Sovereign Project Summary: Ticking the boxes towards a potential discovery For personal use only LARGE SCALE RIGHT ROCKS Air-core drilling and Range of rocks consistent magnetics have defined the with the upper portion of a Sovereign Intrusion over a differentiated mafic- And now... strike length of
Slide 14: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Junee Project Basin Creek Project North Cobar North Cobar Project SYDNEY Junee & Basin Creek Projects Large-scale gold and copper-gold potential, tightly held by major miners Encouraging early drilling campaigns
Slide 15: Central Lachlan Fold Belt Region: Sizeable portfolio amongst mining majors
Central Lachlan Fold Belt Region: 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 large-scale gold deposits including the Cowal Gold Mine (Evol
Slide 16: Junee Project: Under-explored southern extension of the Macquarie Arc
Junee Project: Under-explored southern extension of the Macquarie Arc For personal use only Exploring for “Cadia-Ridgeway type” porphyry Cu-Au mineralisation: • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite,) contemporaneous with the
Slide 17: Junee Project: Cu-Au mineralization overlying IP chargeability anomalies
Junee Project: Cu-Au mineralization overlying IP chargeability anomalies For personal use only • Large Porphyry Cu-Au Target identified at Nangus Road Prospect • Wide-spaced (400m x 200m) drilling defines extensive Cu-Au bedrock Billabong Creek mineralization – ~2km length IP Chargeability • Gold gr
Slide 18: Junee Project: Large-scale Cu-Au drill targets at Nangus Road Prospect
Junee Project: Large-scale Cu-Au drill targets at Nangus Road Prospect For personal use only Billabong Creek IP Chargeability See ASX : DEV Announcement 26th July 2021. • Wide-spaced reconnaissance AC drilling has intersected coincident copper-gold bedrock mineralisation associated with underlying I
Slide 19: Nabarlek Project – Uranium, Copper-Gold
Nabarlek Project Uranium, Copper-Gold For personal use only NORTHERN TERRITORY Nabarlek Uranium Project High-grade uranium-copper-gold opportunity in a proven uranium system DevEx well positioned to benefit from an improving uranium market
Slide 20: 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 • Significant gold province “forgotten in time3,4” – unexplored DevEx’s Nabarlek Project
Slide 21: Nabarlek Project: Exploring for high-grade uranium
Nabarlek Project: Exploring for high-grade uranium For personal use only Near-mine uranium exploration focus: • Multiple uranium prospects to explore Nabarlek South Prospect: • Drilling to test beneath a cluster of high- grade uranium intercepts Nabarlek Pit Prospect: • Drilling to test NE edge of t
Slide 22: Nabarlek South Prospect: Cluster of high-grade uranium intercepts
Nabarlek South Prospect: Cluster of high-grade uranium intercepts For personal use only • 1 km south of the Nabarlek Uranium Mine • Uranium mineralisation associated at junction of Nabarlek Fault (host to the Nabarlek uranium deposit) and Gabo Fault • A cluster of high-grade uranium intercepts defin
Slide 23: The Nabarlek Deposit: Where it is all about the grade
The Nabarlek Deposit: Where it is all about the grade !! For personal use only Uranium Mineralisation defined by drilling in northern half of the Nabarlek Pit – now mined out. • Nabarlek Uranium Mineralisation: Significant concentration of Uranium Mineralisation mined from the pit • Strong Structura
Slide 24: Next Steps: Exploration timeline
Next Steps: Exploration timeline 2021 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 For personal use only Sovereign Project, Julimar Complex, WA • Expanded ground EM Commenced • RC / Diamond drilling • Air-core drilling program (eastern side of intrusion) • Down-hole EM • Surface geochemis
Slide 25: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slides 7-10: 1. Chalice Mining Limited (ASX: CHN) ASX announcement “Tier-1 scale maiden Mineral Resource for Gonneville – 10Moz Pd+Pt+Au (3E), 530kt Ni, 330kt Cu and 53kt Co” on 9th November 2021”. 2. Caspin Resources
Slide 26: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic
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