Slide 1: Deep Yellow Limited - Mining 2010 Brisbane
For personal use only Deep Yellow Limited Advanced d d Exploration; l i Advancing To Production Mining 2010 Brisbane, i b Queensland l d 27 October 2010 P t i k Mutz Patrick M t ‐ Managing M i Director Di t ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements This presentation has been prepared by Deep Yellow Limited ((“Deep Deep Yellow 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 secu
Slide 3: Overview
Overview For personal use only Company Focus and Vision Corporate Profile Share and Market Cap, Top 10, Cash, B&M Project Locations & Portfolio Summary Project j Summaryy Project Pyramid Uranium Resources Summaryy Omahola Project Pre‐Feasibility Study Emerging New Projects The Next 12 Months
Slide 4: Company Focus and Vision
Company Focus and Vision For personal use only • Deep Yellow Limited (DYL) is an Australian‐ based uranium focused company with extensive operations in the southern African nation of Namibia and Australia. • DYL is i targeting becoming b a uranium i producer d in Namibia in 2013‐14 as it strives to
Slide 5: Corporate Profile
Corporate Profile For personal use only Shares on Issue: 1,125.8M Unlisted Options p Exercise Price Expiry p y Date 12,500,000 59.5 cents 30/11/2010 2,437,500 59.6 cents 31/12/2010 Unlisted Options: 39.8M 612 500 612,500 74 6 cents 74.6 30/06/2011 8,462,500 27.5 cents 30/06/2011 3,230,000 40.0 cents
Slide 6: DYL Share Price (6 month)
DYL Share Price (6 month) For personal use only
Slide 7: Uranium Spot Price
Uranium Spot Price For personal use only Uranium Spot Price $54 $52 ollars $50 US Do $48 $46 $44 $42 $40 19-Apr 3-Jun 18-Jul 1-Sep 16-Oct
Slide 8: Top Ten Shareholders
Top Ten Shareholders (As at 31 August 2010) For personal use only Shareholder Name Ordinary Shares Percent Paladin Energy Ltd 220 258 461 220,258,461 19 56 19.56 HSBC Custody Nominees (Aus) Ltd 140,377,667 12.47 Robert Anthony Healy 73,630,312 6.54 Dr Leon Eugene Pretorius 66,365,000 5.89 Gillian Sw
Slide 9: Board and Management
Board and Management For personal use only Board of Directors Mr Mervyn Greene – Chairman Investment Banking Mr Patrick Mutz – Managing Director Uranium Development/Production Mr Martin Kavanagh – Executive Director Geology Ms Gillian Swaby – Non‐Executive Director Secretarial/Finance/Accounting Mr
Slide 10: Project Locations - Africa
Project Locations ‐ Africa For personal use only NAMIBIA Exploration operations conducted by Deep Yellow’s y wholly‐owned subsidiaryy Reptile Uranium Namibia (RUN)
Slide 11: Project Locations - Namibia
Project Locations ‐ Namibia For personal use only 4,195 km2 Exploration area with substantial uranium i resources
Slide 12: Project Locations - Australia QLD
Project Locations – Australia ‐ QLD For personal use only Queensland Mount ISA Projects 1,688 km2 Exploration area with some uranium resources
Slide 13: Project Locations - Australia NT
Project Locations – Australia ‐ NT For personal use only Northern Territory Projects Napperby Uranium Deposit 28,180 km2 Exploration area with uranium resources
Slide 14: Project Pyramid
Project Pyramid For personal use only PRODUCTION DEVELOPMENT FEASIBILITY STUDIES JORC RESOURCES EXPLORATION PROJECTS GREENFIELD EXPLORATION TARGET AREAS EXPLORATION LICENCE APPLICATIONS
Slide 15: Project Pyramid
Project Pyramid For personal use only PRODUCTION ? DEVELOPMENT PROJECTS ? OMAHOLA PROJECT FEASIBILITY STUDIES (PFS) August 2010 T b Tubas Sl Slance Tumas Bambino Napperby (i) JORC RESOURCES INCA (i) Thanksgiving TRS (i) Queen’s Gift Aussinanis Eldorado North T Tumas-Oryx O S Slance EXPLORATION Tubas
Slide 16: Uranium Resources
Uranium Resources For personal use only Future production Immune from potential revived RSPT 10.8 M lb In Australia
Slide 17: Uranium Resources
Uranium Resources For personal use only Expanded resource estimate imminent 21.3 M lb
Slide 18: Uranium Resources
For personal use only Uranium Resources
Slide 19: Uranium Grade
Uranium Grade For personal use only Uranium Grades in Namibia 600 500 ppm U3O8 400 300 p 200 100 Rossing DYL EXT LHU
Slide 20: Resource Areas Drillholes - Namibia
Resource Areas Drillholes ‐ Namibia For personal use only NOVA JV RUN EPLs EPLs
Slide 21: Deep Yellow Uranium Resources
Deep Yellow Uranium Resources For personal use only Uranium Resources in accordance w/JORC Code ? 120 Indicated Resources Poundss U3O8 100 Inferred Resources 80 60 Million P 40 M 20 0 1‐Jan‐07 1‐Jan‐08 1‐Jan‐09 1‐Jan‐10 1‐Jan‐11
Slide 22: Market Cap and Uranium Resources
Market Cap and Uranium Resources For personal use only DYL Market Cap and Uranium Resources $500 100 90 $400 million) 80 DYL Market Cap on) $300 bs U3O8 (m A$ (millio 70 Lbs U3O8 $200 60 Lb 50 $100 40 $0 30
Slide 23: Market Cap per Resource Lb U3O8
Market Cap per Resource Lb U3O8 For personal use only DYL Market Cap per Resource Lb U3O8 $9.00 $8.00 $7 00 $7.00 A$ per LLb U3O8 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00
Slide 24: Market Cap per Resource Lb U3O8 - Peers
Market Cap per Resource Lb U3O8 For personal use only 10 9 23 9.23 8 urces (A$ / lb) 6 61 6.61 6 5.50 EV / Resou 4 2.68 1.87 2 0.33 0 Paladin Mantra Extract Berkeley Deep Yellow Bannerman Attractive valuation metrics
Slide 25: Omahola Project
Omahola Project For personal use only The Omahola Project is the subject of a Pre‐Feasibility St d (PFS) being Study b i conducted d t d byb SNC Lavalin L li – Johannesburg J h b Project uranium resources consist of two deposits: INCA deposit – unique uranium and magnetite mineralisation Tubas Red S
Slide 26: Omahola Project - INCA Deposit
Omahola Project – INCA Deposit For personal use only INCA deposit Unique uranium and magnetite mineralisation Shallow mineralisation from ~20 metres depth Initial JORC Resource estimate 17.1 M tonnes at 436 ppm eU U3O8 containing t i i 16.4 16 4 M lbs lb eU U3O8 att 200 ppm cut‐off t ff grade d (maj
Slide 27: New Geophysical Survey Results
New Geophysical Survey Results For personal use only Total Magnetic Intensity (TMI) reduced to pole Tilt Angle Derivative aeromagnetic image with highest magnetic intensity in white
Slide 28: Omahola Project - TRS Deposit
Omahola Project – TRS Deposit For personal use only Tubas Red Sand (TRS) deposit Wind blown red sands with uranium mineralisation Wind‐blown Initial JORC Resource 13.8 M tonnes at 160 ppm eU3O8 containingg 4.9 M lbs eU3O8 at 100 pp ppm cut‐off ggrade From surface to ~13 metres depth Available as f
Slide 29: Omahola Project - PFS
Omahola Project ‐ PFS For personal use only Pre‐Feasibility Pre Feasibility Study (PFS) Study launched in March 2010 SNC‐Lavalin lead engineering consultant and Study Manager Metallurgical testwork by Mintek – Johannesburg Draft PFS anticipated in December Quarter 2010
Slide 30: Omahola Project - Development
Omahola Project – Development For personal use only Forward Looking Targets for Project Development PFS March‐December 2010 Definitive Feasibility Study (DFS); ( ) targeting 2011** Environmental approvals pp and licensing; g; targeting g g 2011‐2012* Project development and construction; targeting 2
Slide 31: Emerging New Projects in Namibia
Emerging New Projects in Namibia For personal use only Ongolo Alaskite Project (formerly Tubas Alaskite) Discovery of high‐grade (400+ ppm cU3O8 ) alaskite hosted uranium mineralisation announced April 2010 Interpreted mineralised zone now up to 2 kilometres in strike length with 500‐600 ppm cU3
Slide 32: New Projects - Locations
New Projects – Locations For personal use only Shiyela Prospect
Slide 33: New Projects - Tubas (Ongolo) Alaskite
New Projects – Tubas (Ongolo) Alaskite For personal use only Regional aeromagnetic image with Tubas Alaskite Prospect relative to known uranium mineralisation
Slide 34: New Projects - Tubas (Ongolo) Alaskite
New Projects – Tubas (Ongolo) Alaskite For personal use only
Slide 35: New Projects - Shiyela Iron Project
New Projects – Shiyela Iron Project For personal use only Total Magnetic Intensity (TMI) Image from RUN aeromagnetic survey - showing regional extent of interpreted ‘high magnetic terrain’ (red) within EPL 3496
Slide 36: New Projects - Shiyela Iron Project
New Projects – Shiyela Iron Project For personal use only Total Magnetic Intensity (TMI) Image from RUN aeromagnetic survey - showing regional extent of interpreted ‘high magnetic terrain’ (red) within EPL 3496
Slide 37: The Next Months
The Next 12 Months For personal use only Continue to expand uranium resource base Complete PFS on Omahola; embark on DFS Consideration of PFS on Tubas‐Tumas palaeochannel hi h high‐grade d resource subset b t Advance drilling on emerging new projects Tubas T b (O(Ongolo) l ) Alaskite Al kit and d
Slide 38: Contact Details
Contact Details For personal use only Patrick Mutz Managing Director Deep Yellow Limited Level 1, 1 329 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 F +61 8 9286 6969 EEmail: il info@deepyellow.com.au i f @d ll Website: www.deepyellow.com.au
Slide 39: JORC Compliance Statements - INCA and Tubas Red Sand
JORC Compliance Statements For personal use only INCA and Tubas Red Sand deposits The information in this report that relates to the Mineral Resource for the INCA and Tubas Red Sand deposits is based on information compiled by Mr Mike Hall, Hall who is a Member of The Australasian Institute of Minin
Slide 40: JORC Compliance Statements - Aussinanis and Tumas
JORC Compliance Statements For personal use only Aussinanis and Tumas deposits The information in this report that relates Mineral Resource estimation for Aussinanis and Tumas is based on work completed by Mr Jonathon Abbott who is a full time employee of Hellman and Schofield Pty Ltd and a Member o
Slide 41: JORC Compliance Statements - Tubas
JORC Compliance Statements For personal use only Tubas deposit The information in this report that relates Mineral Resource estimation for Tubas is based on work completed by Mr Willem H.H Kotzé Pr. Pr Sci. Sci Nat MSAIMM. MSAIMM Mr Kotzé who is a full time employee of Hellman and Schofield Pty Ltd
Slide 42: JORC Compliance Statements - Mount Isa Projects
JORC Compliance Statements For personal use only Mount Isa Projects The information in this report that relates to Mineral Resource estimation for the Mount Isa Projects is based on work compiled by Mr Neil Inwood, Inwood a Member of the Australasian Institute of Mining and Metallurgy. Metallurgy Mr
Slide 43: JORC Compliance Statements - Napperby Project
JORC Compliance Statements For personal use only Napperby Project The information in this report that relates to Mineral Resource estimation for the Napperby Project is based on information compiled by Mr Daniel Guibal who is a Fellow (CP) of the Australasian Institute of Mining and Metallurgy. Mr G