Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (September 2021)
16 slides from Devex Resources's investor presentation, Sep 30, 2021
Slide 1: Powering Up at Nabarlek
POWERING UP AT NABARLEK For personal use only A NEW PHASE OF URANIUM EXPLORATION IN THE WORLD-CLASS ALLIGATOR RIVERS URANIUM PROVINCE Investor Presentation 30 September 2021 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: Strong Foundations with Extensive Upside Potential
Strong Foundations with Extensive Upside Potential: High-impact exploration in proven mineral regions For personal use only Capital Structure Major Shareholders Shares 308M Tim Goyder (Chairman) 17.3% Options 15.3M Top 20 41% Market Cap $98.5M (at 32c2) Cash1 $16.6M Assets PhosEnergy Limited (5.3%):
Slide 4: Led by an invested and highly motivated team
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 5: Exploring in Australia's discovery hot-spots
Alligator Rivers Uranium Province, NT Alligator Rivers Uranium Province, NT Exploring in Australia’s • Nabarlek Project – Exploring for high-grade uranium, and copper-gold surrounding the historical Nabarlek Uranium Mine (24 Mlbs @ 1.84% U3O8 produced) discovery hot-spots • Project-wide targeting ex
Slide 6: 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 7: 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 8: The Nabarlek Deposit: Where it is all about the grade
The Nabarlek Deposit: Where it is all about the grade !! For personal use only • Nabarlek Uranium Mineralisation : Significant concentration of Uranium Mineralisation mined from the pit • Strong Structural Control : Strong control to high-grade uranium mineralisation adjacent to the North Fault • Ne
Slide 9: Project: Multiple high-grade uranium occurrences
Nabarlek Project: Multiple high-grade uranium occurrences For personal use only Nabarlek Pit Prospect • The highest uranium grades mined from the Nabarlek pit were adjacent to the North Fault • Pre-mining (1972) ground radiometric survey has identified: • The mined portion of the uranium mineralisat
Slide 10: Project: Surrounding Uranium Prospects
Nabarlek Project: Surrounding Uranium Prospects For personal use only Nabarlek South Prospect • Similar structural setting to Nabarlek Uranium Deposit • Drilling planned beneath historical uranium intercepts Nabarlek South 10
Slide 11: 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 Faults • A cluster of high-grade uranium intercepts defi
Slide 12: Project: Surrounding Uranium Prospects – Eastern Nabarlek
Nabarlek Project: Surrounding Uranium Prospects For personal use only Eastern Nabarlek Prospects Eastern Nabarlek Prospects • Similar structural setting to Nabarlek Uranium Deposit. • Exploration and drilling planned: • along strike from historical uranium-copper intercepts • to test undrilled surfa
Slide 13: Project: Adjacent Nabarlek-type uranium-copper-gold corridors
Nabarlek Project: Adjacent Nabarlek-type uranium-copper-gold corridors For personal use only Nabarlek East Prospects: • Impressive database of 25,000 Radon Track Etch [radon] samples throughout project. • Technique works - led to discovery of uranium mineralisation at multiple prospects, including U
Slide 14: DevEx Next Steps: 12-month Exploration Strategy
DevEx Next Steps For personal use only 12-month Exploration Strategy All-weather bitumen airstrip next to Nabarlek allows for field work to continue through the wet season: • Follow-up mapping and surface sampling of uranium, copper, gold prospects surrounding Nabarlek Uranium Mine – commenced • Dri
Slide 15: Additional References
Additional References For personal use only Nabarlek Project – Slide 6: 1. Production History: McKay, A.D & Miezitis, Y. 2001. Australia’s uranium resources, geology and development of deposits. AGSO – Geoscience Australia, Mineral Resource Report 1. ERA Annual Production Reports 2001 to 2018. 2. Mi
Slide 16: 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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