Deep Yellow Limited · ASX:DYL
Deep Yellow — Non-Deal Roadshow (April 2011)
35 slides from Deep Yellow's roadshow presentation, Apr 11, 2011
Slide 1: Australian Roadshow: The Next Emerging Namibian Developer
Deep Yellow For personal use only Limited Australian Roadshow “The Next Emerging Namibian Developer” 11 & 12 April 2011 Greg Cochran – Managing Director Leon Pretorius – Reptile Managing Director ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer Forward Looking Statements For personal use only This presentation has been prepared by Deep Yellow Limited (“Deep Yellow”). The information contained in this presentation is of a general nature only and does not constitute and offer to issue, or to arrange an issue, of securities or fina
Slide 3: Overview & Vision
Overview & Vision Corporate Profile For personal use only Project Locations • Australia • Namibia Namibian Project Portfolio Flagship Projects • Omahola • Shiyela Magnetite Iron Summary and Conclusion Commence uranium production in Namibia by 2014/5 and continue to successfully grow our uranium reso
Slide 4: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 8 April 2011 Mervyn Greene – Chairman Shares on Issue 1,127.53M Greg Cochran – Managing Director Unlisted Options/Perf. Rights 25.08M Martin Kavanagh – Executive Director Market Cap (@ 23.5c) 264M Gillian Swaby – N-E-D Net C
Slide 5: Project Locations – Australia - NT
Project Locations – Australia - NT 28,180 km2 exploration area: 7.4 Mlbs in resources For personal use only
Slide 6: Project Locations – Australia - NT
Project Locations – Australia - NT 1,688 km2 exploration area: 4 Mlbs in resources For personal use only
Slide 7: Project Locations – Namibia
Project Locations – Namibia For personal use only 4,195 km2 exploration area: 87.2 Mlbs in resources Note: Exploration in Namibia is conducted by DYL’s wholly-owned subsidiary Reptile Uranium Namibia (RUN)
Slide 8: Namibia – Land of Elephants
Namibia – Land of Elephants Marenica (100ppm Cut off) For personal use only 196 M Tonnes @ 169ppm: 73 Mlbs Trekkopje (100ppm Cut off) 335 M Tonnes @ 149: 110 Mlbs Rossing (100ppm Cut off) 246 M Tonnes @ 252ppm: 137 Mlbs Husab (100ppm Cut off) 241 M Tonnes @ 480ppm: 257 Mlbs Etango (100ppm Cut off) 3
Slide 9: A Focus on Quality
A Focus on Quality For personal use only Apply strict criteria: Grade: • ~300 ppm U3O8 for palaeochannel and sheetwash calcretes • ~400 ppm U3O8 for hard rock open pit deposits (alaskites) • ~1,000 ppm U3O8 for potential underground deposits Minimum 18 Mlbs U3O8 per deposit with upside (15 yr mine l
Slide 10: Namibian Project Locations
Namibian Project Locations…. For personal use only Our elephants?
Slide 11: Namibian Project Portfolio
Namibian Project Portfolio…. For personal use only INCA URANIFEROUS TUBAS RED ONGOLO ALASKITE OMAHOLA PROJECT MAGNETITE SAND PROJECT JORC resource JORC resource Primary mineralisation Primary mineralisation Secondary mineralisation Hardrock – Drill & blast Hardrock – Drill & blast Free dig Acid plan
Slide 12: And what have we achieved so far
For personal use only …. and what have we achieved so far INCA URANIFEROUS TUBAS RED ONGOLO ALASKITE OMAHOLA PROJECT MAGNETITE SAND PROJECT Open pit to ~120m Surficial to ~15m Open pit to ~200m? Uraniferous Magnetite Calcrete Alaskite Cut-off 250ppm Cut-off 100ppm Cut-off 250ppm Grade ~ 400ppm Grade
Slide 13: Omahola Project
For personal use only Omahola Project
Slide 14: Omahola Project Basics
Omahola Project Basics For personal use only Two Existing Ore Sources • INCA deposit – unique uranium and magnetite mineralisation • Tubas Red Sand deposit – surficial red sands with uranium mineralisation – recently proven physical beneficiation upgrading process – concentrate over 80% of uranium i
Slide 15: Omahola Project – Interim PFS Results
Omahola Project – Interim PFS Results Prefeasibility Study by SNC-Lavalin, interim results released in For personal use only January: Production rate 2.2 Mlbs U3O8 per annum commencing in 2014 Targeting resources to provide a minimum 12 year mine life INCA open-cut mining for 80% of plant feed Tubas
Slide 16: Omahola Project – Interim PFS Results (Cont)
Omahola Project – Interim PFS Results (Cont) Capital costs estimate: For personal use only US$324 – US$336 million (10% contingency) Accuracy: -15% to +25% Operating cost estimate: US$24.90 – US$25.30/lb U3O8 Sulphuric acid to be partially generated on-site Ongolo alaskite deposit compatible with pr
Slide 17: Omahola Project Proposed Plant Layout
Omahola Project Proposed Plant Layout For personal use only
Slide 18: Omahola Project Development Vision
Omahola Project Development Vision For personal use only
Slide 19: Shiyela Magnetite Iron Project
Shiyela Magnetite Iron Project For personal use only Clear Infrastructure advantage – power and 35 kilometres from deep water port of Walvis Bay
Slide 20: Shiyela Magnetite Iron Project
Shiyela Magnetite Iron Project For personal use only Fast tracking the assessment of its potential: Evaluation of magnetite cores revealed potential to produce high- grade iron magnetite concentrate with low impurities Aeromagnetic anomaly of ~20km identified Resource grid drilling in two areas conf
Slide 21: Shiyela Magnetite Iron Project – Aeromagnetic Map
Shiyela Magnetite Iron Project For personal use only Aeromagnetic Map Magnetite-rich Drill Core
Slide 22: Shiyela – Detailed Drilling on M62
Shiyela – Detailed Drilling on M62 For personal use only
Slide 23: Shiyela – Detailed Drilling on M63
Shiyela – Detailed Drilling on M63 For personal use only
Slide 24: Shiyela – Cross Section on M63
Shiyela – Cross Section on M63 For personal use only
Slide 25: Shiyela – Exploration Progress
Shiyela – Exploration Progress For personal use only Initial programme designed to drill out: • 120 ~ 150Mt of ore at 25% recovery (~30Mt high- grade magnetite) • 15 year mine life at 2Mtpa Drilling extended due to ongoing success Likely completion now mid-April Golder Associates (Perth) appointed J
Slide 26: Shiyela – Metallurgical Progress
Shiyela – Metallurgical Progress For personal use only ProMet Engineers (Perth) to conduct scoping study Ammtec (Perth) to conduct metallurgical tests: • Optimum grinding curve and tailings rejection assessment • Magnetic Separation • Abrasion Index and Unconfined Compressive Strength ALS (Perth) to
Slide 27: Shiyela – Progress and Next Steps
Shiyela – Progress and Next Steps For personal use only
Slide 28: Summary and Conclusion
Summary and Conclusion For personal use only JORC Resource estimate for Ongolo Alaskite imminent Complete PFS on Omahola Project; Review and commence DFS JORC Resource estimate for Shiyela Iron project Complete Scoping Study on Shiyela Iron project Mining license applications – Omahola & Shiyela Ide
Slide 29: Contact Details
Contact Details For personal use only Greg Cochran Managing Director Deep Yellow Limited Level 1, 329 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
Slide 30: Appendices
For personal use only Appendices
Slide 31: JORC Resource Summary – December 2010
JORC Resource Summary – December 2010 For personal use only Cut-off U3O8 U3O8 Deposit Category Tonnes (M) U3O8 (ppm) (ppm U3O8) (t) (Mlb) REPTILE URANIUM NAMIBIA (NAMIBIA) Omahola Project INCA Inferred 250 5.5 445 2,449 5.4 INCA Indicated 250 9.4 385 3,628 8.0 Tubas Red Sand Inferred 100 10.7
Slide 32: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource estimation for Tumas and Aussinanis is based on For personal use only work completed by Mr Jonathon Abbott who is a full-time employee of Hellman and Schofield Pty Ltd and a member of the Australasian Inst
Slide 33: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource for the Tubas Red Sand deposits is based on For personal use only information compiled by Mr Mike Hall, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Hall is Consulting Geologi
Slide 34: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to Exploration Results and to Mineral Resources or Ore Reserves for the For personal use only Tubas, Tumas, Aussinanis, Tubas Red Sand and INCA deposits is based on information compiled by Dr Leon Pretorius a Fellow of The Austra
Slide 35: JORC Compliance Statements
JORC Compliance Statements The information in this report that relates to the Mineral Resource estimation for the Napperby Project is based on For personal use only information compiled by Mr Daniel Guibal who is a Fellow (CP) of the Australasian Institute of Mining and Metallurgy. Mr Guibal is a fu