Slide 1: Building an Australian and Namibian Uranium Company
For personal use only DEEP YELLOW LIMITED BUILDING AN AUSTRALIAN AND NAMIBIAN URANIUM COMPANY
Slide 2: Disclaimer
DISCLAIMER For personal use only While technical information contained in this presentation is based upon an independent technical review, no representation or warranty is made as to the accuracy, completeness, or reliability of the information in this presentation. Any forward looking information i
Slide 3: Background
BACKGROUND For personal use only • October 2005 - Directors that included 1970’s uranium people took Board control of ASX listed Deep Yellow Limited • Market cap was then around $10 M and Company had $1 M cash • Commenced an aggressive M & A programme in Australia • Late 2006 expanded into Namibia t
Slide 4: What Makes Deep Yellow Different?
WHAT MAKES DEEP YELLOW DIFFERENT? For personal use only • Purpose built uranium exploration company • Stated objective is a resource target of 45,000 to 55,000 t U3O8 (100 to 120 M lbs) by end 2008 from known Namibian mineralised areas • Several Australian Projects with significant potential economi
Slide 5: Experienced Board
EXPERIENCED BOARD For personal use only • Mervyn Greene. Non-Executive Chairman. An investment banker with senior and management level international experience • Leon Pretorius. Managing Director. A geochemist with wide ranging international uranium exploration experience. MSc and PhD on uranium • M
Slide 6: Corporate
CORPORATE For personal use only • 1,108,726,958 Shares and 73,500,000 Options (8.1 c to 74.6 c) • Market Cap ~$330 million (at 30 c) • Current cash and liquid assets ~$64 million • Top 20 shareholders hold ~60% • Top 10 shareholders hold ~47% • S&P ASX Top 300 Company
Slide 7: Projects: Australian
For personal use only PROJECTS AUSTRALIAN
Slide 8: Project Areas to Scale
PROJECT AREAS TO SCALE For personal use only
Slide 9: Queensland
QUEENSLAND For personal use only • Permanently staffed operational base in Mt Isa • Direct ownership or access to 100% of uranium rights to over +6,000 km² around Mt Isa and Cloncurry • Multiple uranium anomalies and 1970/80s drill intercepts • Queens Gift drilling returns wide intersections in Quar
Slide 10: NW Queensland Tenure
For personal use only NW TENURE QUEENSLAND
Slide 11: Mt Isa North Drill Targets
MT ISA NORTH DRILL TARGETS For personal use only
Slide 12: Mt Isa – Queens Gift
MT ISA – QUEENS GIFT For personal use only 2007 Drilling Results • DQRC-0006 9 m at 818 ppm U3O8 from 35 m • DQRC-0013 4 m at 2,225 ppm U3O8 from 19 m • DQRC-0018 3 m at 2,330 ppm U3O8 from 7 m • DQRC-0032 50 m at 400 ppm U3O8 from 1 m • DQRC-0033 69 m at 467 ppm U3O8 from 8 m • DQRC-0041 23 m at 40
Slide 13: Queens Gift – Outcrop – 2.86% U3O8
QUEENS GIFT – OUTCROP - 2.86% U3O8 For personal use only Metatorbernite – copper uranyl phosphate
Slide 14: Queens Gift – RC Chips – 4,650 ppm U3O8
QUEENS GIFT – RC CHIPS – 4,650 ppm U3O8 For personal use only Altered basalt with carbonate + uraninite veins
Slide 15: Queens Gift – RC Chips – 4,650 ppm U3O8
QUEENS GIFT – RC CHIPS - 4,650 ppm U3O8 For personal use only Uraninite with chalcopyrite and galena inclusions
Slide 16: Mt Isa – NW Queensland JV
MT ISA – NW QUEENSLAND JV For personal use only Miranda Prospect (EPM 14281) •Hole DMR-0008 32 m at 626 ppm U3O8 from 3 m •Hole DMR-0009 22 m at 727 ppm U3O8 from 16 m •Hole DMR-0018 46 m at 352 ppm U3O8 from 6 m Conquest Prospect (EPM 14916) •Hole DCQRC- 006 22 m at 594 ppm U3O8 from 22 m •Hole DCQ
Slide 17: Mt Isa Easy Targets
MT ISA EASY TARGETS For personal use only Radiometric anomaly over exposed erosional surface – hematite alteration
Slide 18: Mt Isa North Drill Targets
MT ISA NORTH DRILL TARGETS For personal use only
Slide 19: Mt Isa Xstrata Agreement
For personal use only MT ISA XSTRATA AGREEMENT * Historic Uranium Occurrence
Slide 20: Northern Territory Projects
NORTHERN TERRITORY PROJECTS For personal use only
Slide 21: Nonouba EL 24547
For personal use only NONOUBA EL 24547
Slide 22: Napperby Project – Northern Territory
NAPPERBY PROJECT – NORTHERN TERRITORY (DYL 100% - Toro Energy Limited Option to Purchase) For personal use only Toro Energy Limited (Toro) has announced initial results from their 2007 drilling programme. Similar uranium grades and widths to those in the adjacent resource (block), which was determ
Slide 23: Western Gawler Project – Dominion Mining Ltd Agreement
WESTERN GAWLER PROJECT For personal use only Dominion Mining Ltd Agreement
Slide 24: Western Gawler Project Airborne Electromagnetic Survey Data
WESTERN GAWLER PROJECT For personal use only Airborne Electromagnetic Survey Data
Slide 25: Western Gawler Project
WESTERN GAWLER PROJECT For personal use only
Slide 26: Reptile Uranium Namibia (Pty) Ltd – Historic
REPTILE URANIUM NAMIBIA (PTY) LTD - HISTORIC For personal use only • JORC Code Inferred Mineral Resource totals 77.3 Mt at 0.023% U3O8 (228 ppm) at a cut-off grade of 100 ppm U3O8 for 17,600 tonne or 38.8 million pounds U3O8 • DYL is targeting Inferred Resource target of 45,000 to 55,000 t or 100 to
Slide 27: Reptile Uranium Namibia (Pty) Ltd – Present
REPTILE URANIUM NAMIBIA (PTY) LTD - PRESENT For personal use only • 20,000 m of JORC orientated RC drilling on Anglo’s Tubas project completed and temporarily curtailed. Bulk sample planned. • 40,000 m RC programme underway at Falconbridge’s Tumas project. • 60,000 m RC programme on Elf-Aquitaine’s
Slide 28: Location of Project Area
For personal use only LOCATION OF PROJECT AREA
Slide 29: Airborne Radiometrics (U2/Th)
For personal use only AIRBORNE RADIOMETRICS (U2/Th) Outlined are the previously explored areas indicating that the majority of the anomalies remain to be explored
Slide 30: RC Drilling on Tubas Channel
RC DRILLING ON TUBAS CHANNEL For personal use only
Slide 31: Tubas Assay Results
TUBAS ASSAY RESULTS - MUCH EXCITEMENT For personal use only Historically 1 to 4 M Thick Mineralisation. Rarely Averaging More Than 300 ppm U3O8 Reptile Regularly Intersecting Wider Zones At Better Grades Notably: - Hole No. Depth (m) Interval (m) Lithology U3O8 (ppm) A2.80/7.5 0 to 10 10 Red sand 1,
Slide 32: RC Drilling on Tumas Channel
RC DRILLING ON TUMAS CHANNEL For personal use only
Slide 33: Helicopter Reconnaissance Results
HELICOPTER RECONNAISSANCE RESULTS – AMAZING ASSAYS Anomaly Locality Style U3O8 (ppm) Anomaly Locality Style U3O8 (ppm) EPL 3496 EPL 3498 For personal use only Tubas M 09 Primary 2,722 Aussinanis DA 1 Secondary 2,528 Tubas AC Secondary 5,099 Aussinanis DA 1 Secondary 27,875 Tubas AC Secondary 7,436 A
Slide 34: Regional Sampling Programme – Reptile
REGIONAL SAMPLING PROGRAMME - REPTILE For personal use only Outcropping Carnotite Mineralisation in Calcretised Channel-fill (Site: Ripnes CB 3-1)
Slide 35: Airborne Magnetics (Total)
For personal use only AIRBORNE MAGNETICS (TOTAL)
Slide 36: Primary Targets – Airborne Magnetics
For personal use only PRIMARY TARGETS AIRBORNE MAGNETICS WITH RADIOMETRIC TARGETS OVERLAIN (ENHANCED V1) TUBAS NORTH (EPL3496)
Slide 37: Magnetite – Uranium Mineralisation – Tubas EPL
MAGNETITE – URANIUM MINERALISATION – TUBAS EPL For personal use only Hole AM 1 26 m at 217 ppm U3O8 from 6 m 18 m at 174 ppm U3O8 from 64 m 2 m at 455 ppm U3O8 from 140 m Hole AM 2 16 m at 286 ppm U3O8 from 41 m 6 m at 237 ppm U3O8 from 67 m 10 m at 348 ppm U3O8 from 98 m Hole AM 3 37 m at 260 ppm U
Slide 38: Uraniferous Magnetite
For personal use only URANIFEROUS MAGNETITE Tubas EPL Core Hole ADM 03 115 m at 229 ppm eU3O8 from 14 m _______1000m______
Slide 39: Primary Targets – Airborne Magnetics
For personal use only PRIMARY TARGETS AIRBORNE MAGNETICS WITH RADIOMETRIC TARGETS OVERLAIN (ENHANCED V1) TUBAS NORTH (EPL3496)
Slide 40: Tubas EPL Alaskite Prospects
TUBAS EPL ALASKITE PROSPECTS For personal use only
Slide 41: Reptile Uranium Namibia – Exploration Priorities
REPTILE URANIUM NAMIBIA (PTY) LTD For personal use only EXPLORATION PRIORITIES • Drill-out known secondary deposits to JORC Code compliant resources by December 2008. Staged programme through to December 2009 to include initial scoping studies. • Reconnaissance drilling of untested secondary mineral
Slide 42: Swakopmund Office and Operational Base
SWAKOPMUND OFFICE AND OPERATIONAL BASE For personal use only
Slide 43: The Future
THE FUTURE For personal use only • Major expansion of exploration activities in Namibia with 5 RC and one Diamond rig doing JORC Code and exploration drilling ~15,000+ metre planned per month from March - Airborne geophysical surveys complete and scheduled. • Concerted exploration and evaluation eff
Slide 44: Thank You
THANK YOU For personal use only DEEP YELLOW AN EXCITING AND GROWING URANIUM COMPANY Martin Kavanagh Executive Director