Devex Resources Ltd · ASX:DEV
Devex Resources — RRS-Miningnews.net Conference 2021
22 slides from Devex Resources's conference presentation, Oct 14, 2021
Slide 1: Gaining Momentum – Exploring in Australia's Discovery Hotspots
GAINING MOMENTUM – EXPLORING IN AUSTRALIA’S DISCOVERY HOTSPOTS For personal use only RRS-Miningnews.net Conference 14 October 2021 ASX : DEV
Slide 2: 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 3: 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 high- grade palladium-nickel discovery highlights the opportunity discovery hot-spots For personal use only • Sovereign Project – 12km long differentiated mafic-ultramafic intr
Slide 4: 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 308M Tim Goyder (Chairman) 17.3% Options 17.3M Top 20 41% Market Cap $86.2M (at 28c2) Cash1 $16.6M Assets PhosEnergy Limited (5.3%): 6.1M Shar
Slide 5: 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 6: Julimar Complex Nickel-Copper-PGE
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 7: 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 8: Sovereign Project: 12km long mafic-ultramafic intrusion
Sovereign Project: 12km long mafic-ultramafic intrusion indicates similar geology to the Gonneville Intrusion For personal use only Large Scale Air-core drilling and magnetics continues to define the Sovereign Intrusion over a strike length of 12km Right Rocks Range of rocks consistent with the uppe
Slide 9: Sovereign Nickel-Copper-PGE Project: Maintaining momentum
Sovereign Nickel-Copper-PGE Project: Maintaining momentum For personal use only Next Steps: • Extensive ground EM survey now underway over the larger intrusion to map conductors beneath the gabbro • In parallel, maiden diamond drilling is underway to test the geometry and extent of the intrusion • G
Slide 10: 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 11: Central Lachlan Fold Belt Region: sizeable 100%-owned portfolio
Central Lachlan Fold Belt Region: DevEx has built a sizeable (100%-owned) 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 incl
Slide 12: 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 13: Junee Project: Coincident Cu-Au mineralization overlying IP anomalies
Junee Project: Coincident 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 Chargeabili
Slide 14: Junee Project: Large-scale Nangus Road target
Junee Project: Large-scale Nangus Road target 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 IP chargeability anomalies
Slide 15: 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 16: 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 17: 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 18: 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 19: 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 • Near
Slide 20: Next Steps: Exploration timeline
Next Steps: Exploration timeline 2021 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 For personal use only Sovereign Project, Julimar Complex, WA • Expanded ground EM Commenced • RC / Diamond drilling Commenced • Air-core drilling program (eastern side of intrusion) • Surface geochemistry (
Slide 21: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slides 7-9: 1. Chalice Mining Limited (ASX:CHN) ASX announcement “Twelfth High-Grade Zone Defined at Julimar” on 3rd August 2021. 2. Caspin Resources Limited (ASX:CPN) ASX announcement “Broad Sulphide Zones Intersected
Slide 22: 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