Deep Yellow Limited · ASX:DYL
Deep Yellow — Proactive Investors Spotlight CEO Investor Presentation 2016
24 slides from Deep Yellow's conference presentation, Apr 13, 2016
Slide 1: Deep Yellow Limited – Proactive Investors Spotlight CEO Investor Presentation
Deep Yellow Limited For personal use only Proactive Investors Spotlight CEO Investor Presentation 12 & 13 April 2016 Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to interested analysts and investors. For personal use only This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Executive Summary
Executive Summary ASX-listed advanced stage Namibian uranium exploration company For personal use only Focussed on near-term development of its Tumas Calcrete Project: • Highest grade undeveloped calcrete resource in Namibia (~350ppm) • Extensive palaeochannel ~ 100 kilometres for resource upside •
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only The Board Capital Structure – as at 4 Apr 2016 Rudolf Brunovs Interim Chairman Shares on Issue 1,931M Greg Cochran Managing Director Performance Rights 61.8M Gillian Swaby N.E.D Market Cap (@ 0.7c/share) ~ AUD 13.5M Christophe Urtel N.E.D Net Cash ~AUD 2M Mer
Slide 5: Location
Location For personal use only 93.8 Mlbs at 306ppm in resources* Notes: Exploration in Namibia is conducted by DYL’s wholly- owned subsidiary Reptile Uranium Namibia (RUN) * Assuming tank leach for Omahola Note: EPLs 3496, 3497, 3669 & 3670 are under renewal 5
Slide 6: DYL's Strategic Evolution
DYL’s Strategic Evolution Progressing projects cautiously to be well positioned at market recovery Tubas Sand Project: Summary For personal use only Prior to Fukushima, Omahola Project prioritised: • Hard rock, open pit, acid tank leach • Supplementary supply planned from Tubas Sand Project Alaskite
Slide 7: Introduction to DYL's Palaeochannels
Introduction to DYL’s Palaeochannels The highest grade undeveloped calcrete resource in Namibia. An Tubas extensive Sand Project: mineralisedSummary For personal use only palaeochannel system in excess of 100 kilometres, consisting of a number of existing defined deposits: Tumas Calcrete 1, 2 & 3; T
Slide 8: Tumas Calcrete Project Snapshot
Tumas Calcrete Project Snapshot Marenica U-pgradeTM Process Tubas Sandclosely Project: monitoredSummary For personal use only Development by DYL since 2013 Process potentially more effective than the Schauenburg Plant (used on DYL’s Tubas Sand Project) U-pgradeTM could significantly reduce capital a
Slide 9: Tumas Theoretical Plant Operation
Tumas Theoretical Plant Operation* Tubas Sand Project: Summary Marenica U-pgrade Plant: TM For personal use only Assumes ROM Capacity 2Mtpa ore feed - 3 Stage Processing Plant U-pgradeTM Clay Beneficiation And Carnotite (Scrubbing & Calcite Concentration Attrition) Tumas Ore Removal ~2,000,000 t @ ~
Slide 10: Resource Upside – Tumas & Tubas Calcrete Projects
Resource Upside – Tumas & Tubas Calcrete Projects New Geophysical Tubas Interpretation Sand Project: offered glimpse of significant upside potential Summary For personal use only Map showing interpretation of depth to basement of the palaeochannel system across EPL 3496 10
Slide 11: Resource Upside – Tumas & Tubas Calcrete Projects
Resource Upside – Tumas & Tubas Calcrete Projects Cross sections of historical drilling show varying drill penetration For personal use only Potential for significant resource expansion over large parts of the palaeochannel 11
Slide 12: Tumas Project – Bulk Sample Excavation
Tumas Project – Bulk Sample Excavation First bulk Tubas sampleProject: Sand excavated November Summary 2015 – Arrived Perth December 2015 For personal use only Grade control drilling program (12.5m centres) confirmed resource continuity prior to bulk sample 12
Slide 13: Tumas Project – Bulk Sample Excavation
Tumas Project – Bulk Sample Excavation For personal use only Excavation of bulk sample demonstrates simple geology – little overburden, shallow to drill out in Zones 1 & 2 13
Slide 14: Tumas Project – Potential Offtakers
Tumas Project – Potential Offtakers For personal use only Given its prior offtake discussions for the Tubas Sand Project DYL has a unique insight into the potential market for offtake 14
Slide 15: Tumas Project – Indicative Program
Tumas Project – Indicative Program Potential for fast track, low cost project – First production mid-2019? For personal use only Step 1: Scoping Metallurgical Testwork & Resource Work: H1 2016* First phase laboratory metallurgical testwork, ~1 tonne sample to generate high level design data Resource
Slide 16: Conclusions
Conclusions Gathering Momentum in a Challenging Market Environment For personal use only Tumas Calcrete Project - Potential for fast track, low cost project • Initial testwork encouraging, next step underway • Untapped resource potential – to depth and extensive – across ~100 km channel • Satellite
Slide 17: Thank you
For personal use only Thank you…. Greg Cochran Managing Director Deep Yellow Limited Level 4, 502 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 M +61 409 938-784 F +61 8 9286 6969 Email: greg.cochran@deepyellow.com.au Email: info@deepyellow.com.au Website: www.deepyellow.com.au 17
Slide 18: Appendices
For personal use only Appendices
Slide 19: Omahola Project: PEA Completed in 2014
Omahola Project: PEA Completed in 2014 JORC 2004 Resource: 48.7 Mt at 420 ppm for 45.1 Mlbs U3O8 (tank leach)* For personal use only ‘PEA’ – preliminary economic analysis completed (Internal study – ASX release 4 June 2014) Heap leach operation more economically attractive Results included: • Averag
Slide 20: Tubas Sand Project: Substantial Progress in 2014
Tubas Sand Project: Substantial Progress in 2014 JORC 2012 Resource: 34 Mt at 170 ppm for 12.7 Mlbs U3O8* Tubas Sand Project: Summary For personal use only Resource update completed: Covered smaller, selected area Average grade up but resource smaller Upside potential remains – drill program designe
Slide 21: JORC Resources
JORC Resources (in this presentation) Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only Omahola Project - JORC 2004 INCA Deposit Indicated 250 7.0 470 3,300 7.2 INCA Deposit Inferred 250 5.4 520 2,800 6.2 Ongolo Deposit # Measured 250 7.7 395 3
Slide 22: JORC Compliance Statements
JORC Compliance Statements – Page 1 Omahola Project For personal use only The information in this report that relates to Exploration Results for the Ongolo, MS7 and INCA deposits is based on information compiled by Dr Katrin Kärner* who is a Member of the Australasian Institute of Mining and Metallu
Slide 23: JORC Compliance Statements
JORC Compliance Statements – Page 2 Tubas-Tumas Project For personal use only The information in this report that relates to the Tumas Zone 1 Infill Drilling Exploration Results is based on and fairly represents information and supporting documentation prepared or reviewed by Mr Geoffrey Gee, a Comp
Slide 24: Board & Management
Board & Management Broad range of mining, technical and financial experience For personal use only Chartered Accountant, full equity Over 30 years investment banking and Rudolf Brunovs partner for over 27 years with Ernst & entrepreneurial experience Mervyn Greene Interim Chairman and Young and pred
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