Devex Resources Ltd · ASX:DEV
Devex Resources — Uranium Equities — Investor Presentation (June 2014)
12 slides from Devex Resources's investor presentation, June 2014
Slide 1: Corporate Presentation June 2014
C orporate Corporate Presentation Presentation JUNE 2014 Exploring Australia’s Premier Uranium District
Slide 2: Disclaimer and Competent Person's Statement
Corporate Presentation Disclaimer and Competent Person’s Statement 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 reasona
Slide 3: Alligator Rivers Uranium Field (ARUF)
Corporate Presentation Alligator Rivers Uranium Field (ARUF) the place to discover high grade uranium deposits • ARUF: A world-class uranium province • >500Mlb endowment • Angularli: New Cameco Discovery A developing opportunity extending the prospectivity of the ARUF • UEQ Extends its Ground Positi
Slide 4: Acquisition of Arnhem Minerals
Corporate Presentation Acquisition of Arnhem Minerals UEQ has a dominant position in the ARUF • On June 16th UEQ announced it had agreed to purchase Arnhem Minerals from Spectrum Rare Earths (ASX: SPX) • >2000km2 of accessible exploration land • Initial Payment of $325k • $175k payable on grant of f
Slide 5: Alligator Rivers Uranium Field
Corporate Presentation Alligator Rivers Uranium Field Evolving geological understanding • Shear-hosted (Ranger, Jabiluka) • Mineralisation controlled by shallow dipping shears in close proximity to granitic basement • High tonnage deposits • Reverse Fault-hosted (Nabarlek, SMLB, Angularli(?) • Miner
Slide 6: Alligator Rivers Uranium Field: 2014 Exploration Drilling
Corporate Presentation Alligator Rivers Uranium Field 2014 Exploration Drilling • 5000m RC drilling program: • U40 and U40E – Following-up untested radon anomalies adjacent to known high-grade uranium intersections; • Coopers Extension – Structural offsets from mineralisation intersected to date • C
Slide 7: Nabarlek
Corporate Presentation Nabarlek Three important structural corridors 7
Slide 8: Nabarlek – U40
Corporate Presentation Nabarlek – U40 Mineral system with potential to produce high grade uranium resource Significant radon anomalies, no effective drill test 8
Slide 9: Nabarlek – U40
Corporate Presentation Nabarlek – U40 Mineral system with potential to produce high grade uranium resource Previous Drilling included: NAD7492 6.8m @ 6.71 % U3O8 from 75m 7.3m @ 1.68 % Cu from 74.5m 4.5m @ 0.91 ppm Au from 76.5m 1.5m @ 0.54 ppm Pd & 0.24 ppm Pt from 78.5m • Radon anomalism adjacent
Slide 10: Nabarlek Deeps
Corporate Presentation Nabarlek Deeps • Extension of SMLB structure (a known mineralised structure) beneath the historical Nabarlek Pit 10
Slide 11: Investments
Corporate Presentation Investments PhosEnergy Limited • 3 million shares in PhosEnergy Limited retained on demerger of PhosEnergy assets in September 2013 Enterprise Uranium Limited (ASX:ENU) • 10.49% interest acquired as part consideration for sale of Energia Minerals Limited shares in October 2013
Slide 12: Corporate Snapshot
Corporate Presentation Corporate Snapshot Highly leveraged to exploration success Capital Structure Board Shares 304M Tim Goyder Executive Chairman Fully diluted 306M Bryn Jones Non Exec Director Market Cap $3.6M (at 1.2c) Richard Hacker Non Exec Director Cash $0.9M (at 31 Mar) Major Shareholders Ma