Devex Resources Ltd · ASX:DEV
Devex Resources — Shareholder Meeting (November 2018)
23 slides from Devex Resources's shareholder meeting presentation, Nov 27, 2018
Slide 1: Annual General Meeting Presentation
Annual General Meeting Presentation For personal use only 27 NOVEMBER 2018 ASX : DEV • High-impact exploration in Tier-1 provinces • Standout uranium, copper-gold drill targets • Strong leverage to recovering uranium market – market cap just $4m
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: 2018 Key Highlights
2018 Key Highlights For personal use only Strategic broadening of DevEx’s exploration portfolio, providing shareholders with exposure to: • West Arnhem Nabarlek Project • New high-grade uranium (copper-gold) drill targets in a proven mineral system • Strengthening uranium market • Junee Project • Di
Slide 4: West Arnhem Nabarlek Project
West Arnhem Nabarlek Project West Arnhem Nabarlek Project Oscar and Mt Hann WEST ARNHEM-NABARLEK URANIUM, COPPER-GOLD Diamond Projects For personal use only • Alligator Rivers Uranium Field NT, hosts large scale uranium deposits • Near-mine drill targets defined beneath: • Nabarlek Mine (24Mlbs @ 1.
Slide 5: West Arnhem Nabarlek Uranium, Copper-Gold Project
West Arnhem Nabarlek For personal use only Uranium, Copper-Gold Project NORTHERN TERRITORY
Slide 6: Changing sentiment towards uranium
Changing sentiment towards uranium: a compelling reason to review our West Arnhem Nabarlek Project with a refreshed outlook For personal use only 28 Price Rise and Buy Ups Uranium Spot Price 27 • Uranium Spot Price reached a two-year-high • 24% gain since the start of 2018 26 • Investment funds ente
Slide 7: Exploring Australia's Premier Uranium Field
Exploring Australia’s Premier Uranium Field For personal use only Nabarlek The Alligator Rivers Uranium Field (ARUF) 24 Mlbs @ 1.84% U3O8 (Historical Production) • +500 Million Pounds U O endowment (mined and current Resources) 3 8 • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8) • H
Slide 8: Nabarlek Prospect: Near-mine exploration drill targets defined
1 Nabarlek Prospect: Near-mine exploration drill targets defined For personal use only • 2018 3D Induced Polarisation (IP) geophysical survey defines a chargeability anomaly beneath the historical Nabarlek Uranium Mine * • IP Anomaly interpreted to be mapping alteration associated with uranium miner
Slide 9: The Target - repetitions of high-grade Nabarlek type uranium mineralisation
The Target - repetitions of high-grade Nabarlek type uranium mineralisation For personal use only A primary focus: Pre-mining high-grade drill intercepts at Nabarlek justify deeper exploration targeting 9
Slide 10: U40 Prospect: Uranium-copper-gold target defined
2 U40 Prospect: Uranium-copper-gold target defined For personal use only • 2018 IP survey identified a clear chargeable anomaly located down-dip from an isolated pod of high- grade uranium-copper-gold mineralisation • Previous intercepts in diamond core holes that define the high-grade pod include:*
Slide 11: Junee and Bogong Copper-Gold Projects
Junee and Bogong For personal use only Copper-Gold Projects NEW SOUTH WALES
Slide 12: Junee and Bogong Projects: new opportunities for copper gold discovery
Junee and Bogong Projects: new opportunities for significant copper gold discovery For personal use only • Located in the Lachlan Fold Belt - a highly endowed copper gold region • Junee Project is within the Junawarra Volcanics : underexplored as previously thought to be unrelated to the mineralisin
Slide 13: Junee Project: Billabong Creek progressing towards a drilling program
Junee Project: Billabong Creek progressing towards a drilling program in early 2019 For personal use only Rural Land Access agreement covering the Mapping and geochemical sampling majority of the Billabong Creek porphyry copper- has commenced to define drill targets gold target 13
Slide 14: Bogong Project - Copper-gold targets identified
Bogong Project - Copper-gold targets identified For personal use only • 60km SE of Junee Project • Significant near surface, broad copper intercepts in historical drilling • Better copper intercepts include*: • 54.9 m @ 1.06% Cu from 6.1m; and • 9.2 m @ 2.02% Cu from 39.6m • Copper sulphide minerali
Slide 15: Bogong – Under explored copper system
Bogong – Under explored copper system For personal use only • Copper in soil geochemistry indicates the system is open to the north • Previous rock chip sampling demonstrates copper + gold relationship, up to 2.7 g/t gold with 1.1% copper. • No modern geophysics to test for copper sulphides at depth
Slide 16: Oscar and Mt Hann Diamond Projects
Oscar and Mt Hann For personal use only Diamond Projects WESTERN AUSTRALIA
Slide 17: Two outstanding diamond opportunities
Two outstanding diamond opportunities For personal use only • Australia’s premier diamond district, the Kimberley region of WA (world-class Argyle and Ellendale diamond mines) • Regional resurgence following the recent discovery of micro- and macro-diamonds at the Little Spring Creek prospect by Luc
Slide 18: Dundas Lithium Project
Dundas Lithium For personal use only Project WESTERN AUSTRALIA
Slide 19: Dundas - Key tenement in emerging lithium region
Dundas - Key tenement in emerging lithium region For personal use only • South east of Norseman • Emerging lithium province: • Tawana Resources NL’s Bald Hill lithium project (ASX: TAW) • Pioneer Resources Ltd’s Pioneer Dome lithium project (ASX: PIO) and • Liontown Resources Ltd’s Buldania lithium
Slide 20: Forward Plan
West Arnhem Nabarlek Project 2019 • Drilling planned for beginning of 2019 Field Season once all regulatory approvals complete Nabarlek targets prioritised as they lie within an established productive mineralisation system Forward Plan ... • Progressing other Uranium prospects surround Nabarlek For
Slide 21: Corporate Overview
For personal use only Corporate Overview Capital Structure – Pre Consolidation Major Shareholders Shares 1,103M Tim Goyder (Chairman) 25.3% Fully diluted 1,139M Calm Holdings 5.8% Market Cap ~$4.4M (at 0.4c) Top 20 ~55.6% Cash $0.9M* Board & Management Capital Structure – Post Consolidation Tim Goyd
Slide 22: Experienced exploration and development team
Experienced exploration and development team For personal use only Tim Goyder Brendan Bradley CHAIRMAN MANAGING DIRECTOR Perth-based mining A Geologist with 20+ investor with a strong years of mineral record of successful exploration, mining and investment and value resource development creation in
Slide 23: 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 Social https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corpor
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