Deep Yellow Limited · ASX:DYL
Deep Yellow — Australian Uranium Conference (July 2008)
39 slides from Deep Yellow's conference presentation, Jul 23, 2008
Slide 1: Deep Yellow Limited - Delivering as Promised
DEEP YELLOW LIMITED For personal use only DELIVERING AS PROMISED Dr Leon Pretorius Managing Director
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: Deep Yellow - The Company
Deep Yellow - The Company For personal use only • Current cash and liquid assets ~A$60 million • Market Cap ~A$250 million (at 23c) • 2007 JORC Code inferred resource of 17,600 t (38 million lbs) U3O8 at 228 ppm within 15 metre of surface – more to come • Listed in Australia on ASX and in Namibia on
Slide 4: Project Areas to Scale
PROJECT AREAS TO SCALE For personal use only
Slide 5: Australian Projects
For personal use only PROJECTS AUSTRALIAN
Slide 6: Australian Projects and Activities
Australian Projects and Activities For personal use only • Access to or ownership of 100% of uranium rights on ~56,000 km2 • Established bases in Perth, Mt Isa and Alice Springs • Geological team almost in place with 12 permanent and contractor staff • Diamond and RC drilling underway on a number of
Slide 7: Queensland Results
Queensland Results For personal use only • Wide intersections in Hematite-Carbonate-Quartz breccia at: - Queens Gift, e.g. 69 m at 467 ppm U3O8 - Miranda, e.g. 32 m at 625 ppm U3O8 - Conquest, e.g. 22 m at 575 ppm U3O8 • Agreement to earn 100% of the uranium rights in Xstrata's Isa West tenements –
Slide 8: 2008 Queens Gift Diamond Core
2008 Queens Gift Diamond Core For personal use only
Slide 9: Isa West Airborne U-channel Anomalies
Isa West Airborne U-channel Anomalies -channel Isa West Geology and U Anomalies ara P 4 taal gr ee DY, P| Age punog ac 1km
Slide 10: Namibian Projects
For personal use only NAMIBIAN PROJECTS
Slide 11: Namibian Projects and Activities
Namibian Projects and Activities For personal use only • 2,681 km2 held in four 100% owned EPLs • 2007 JORC Code inferred resource of 17,600 t (38 million lbs) U3O8 at 228 ppm within 15 metre of surface • Active exploration includes 6 RC drilling rigs and one diamond rig • Fully operational processi
Slide 12: Namibia – Present Projects
Namibia – Present Projects For personal use only • 15,000 to 20,000 metre of drilling per month. Holes probed and mineralised zones assayed over 1 metre intervals • Detail Airborne Magnetic, Radiometric and Electromagnetic surveys completed • Main drilling and evaluation activities on various calcre
Slide 13: Airborne Radiometrics (U2/Th)
AIRBORNE For personal use only RADIOMETRICS (U2/Th) Outlined are the previously explored areas indicating that the majority of the anomalies remain to be explored
Slide 14: Tumas Drilling Showing GTMs
7461000 7461000 7460000 r = : ; 7460000 7459000 7459000 7458000 7458000 TUMAS DRILLING SHOWING GTMs ON TATOO ( HAST OOS GEOLOGICAL SURVEY MAPPING, AEM AND U2/Th WITH POSITIONS 7456000 7456000 OF FURTHER AEM TARGETS 7455000 7455000 7454000 7454000 Legend 7453000 " =1-7453000 @ GTM_100_TO_250 @ GTM_25
Slide 15: Tumas East Drilling as at 30-06-08
7452000 7451000 TUMAS EAST DRILLING AS AT 30-06-08 ON AEM SHOWING PALAEOCHANNEL Legend @ GTM_ABOVE_1,000 GTM_500_1,000 GTM_250_TO_500 GTM_100_TO_250 7450000 @eo BEST HOLES 7449000 2 a =) = So 0 02 04 =_— WGS 84 €R REPTILE URANIUM NAMIBIA Kilometre UTM Zone 33
Slide 16: Tumas West Drilling as at 30-06-08
7453000 7452000 7451000 7450000 513000 514000 515000 516000 @ ° @ @ REPTILE URANIUM NAMIBIA Kilometre TUMAS WEST DRILLING AS AT 30-06-08 ON AEM SHOWING PALAEOCHANNEL Legend GTM_ABOVE_1,000 GTM_500_1,000 GTM_250_TO_500 GTM_100_TO_250 BEST HOLES WGS 84 UTM Zone 33
Slide 17: Tumas - Best Holes Drilled during June Quarter
Tumas - Best 15 holes drilled during June Quarter For personal use only HOLE UTM E UTM N TD FROM TO INT eU3O8 GTM B2.175 0.750 513755 7451845 30 1 19 18 676 12,209 B1.400 0.200 512807 7452604 45 19 33 15 828 12,134 B2.275 0.250 513255 7451730 34 13 26 14 892 12,091 B3.925 6.150 519154 7450079 18 0 1
Slide 18: Tubas Trench
For personal use only Tubas Trench
Slide 19: Tubas Trench
For personal use only Tubas Trench
Slide 20: Tubas Trench
For personal use only Tubas Trench
Slide 21: Tubas Trench - Carnotite
Tubas Trench - Carnotite For personal use only
Slide 22: Tubas Trench - Carnotite
Tubas Trench - Carnotite For personal use only
Slide 23: Pervasive Carnotite in Red Sand
Pervasive Carnotite in Red Sand For personal use only
Slide 24: Carnotite Cementing Red Sand
Carnotite Cementing Red Sand For personal use only
Slide 25: Tubas Trench - Trace of RC Hole
Tubas Trench - Trace of RC Hole For personal use only
Slide 26: Tubas Trench – m channel box sample
Tubas Trench – 1 m channel box sample For personal use only Depth in metre XRF Assay in ppm U3O8 0 to 1 92 1 to 2 154 2 to 3 275 3 to 4 493 4 to 5 3,672 5 to 6 1,862 6 to 7 1,472 7to 8 2,309 8 to 9 853 9 to 10 1,781 • Of note is that the average assay value for the complete section is 1,296 ppm U3O8
Slide 27: Tubas Trench – Bulk Sampling
Tubas Trench – Bulk Sampling For personal use only
Slide 28: Tubas red sand trial leach sample
Tubas 842 ppm U3O8 red sand trial leach sample contained 54.4 ppm in the tailings for 94% leach efficiency For personal use only Pregnant Liquor 533 ppm U3O8 Very fine clay minerals forming a gel phase Clay and silt particles Tubas Trench Red Sand
Slide 29: Future Prospects
Future Prospects For personal use only • Tumas – Tubas channel system - AEM indicates 80 km cumulative - 35 km tested and mineralised - 45 km untested • Magnetite – Iron Oxide (Skarn) targets - M1 returning wide and good grade intersections - Numerous others recognised and all untested • Numerous un
Slide 30: Airborne Radiometrics (U2/Th)
AIRBORNE For personal use only RADIOMETRICS (U2/Th) Outlined are the previously explored areas indicating that the majority of the anomalies remain to be explored
Slide 31: Airborne Electromagnetic Survey
AIRBORNE ELECTROMAGNETIC For personal use only SURVEY
Slide 32: AEM Image - Tubas North Channel
484000 486000 488000 490000 492000 494000 496000 498000 ‘500000 Tubas North Channel 7478000: 7476000- & S s s s REPTILE URANIUM NAMIBIA Kilometre 7486000 7484000 7482000 +7480000 7478000 +7476000 AEM Image Tubas North EPL 3496 WGS 84 UTM Zone 33S
Slide 33: Airborne Magnetics
For personal use only AIRBORNE MAGNETICS
Slide 34: Skarn Targets on Tubas EPL
7480000 ~ SKARN TARGETS ON TUBAS EPL 7470000 ~~ ° 8 Ss 4 = Legend C28 c14 7450000" 7450000 — 0 1,708,400 CR REPTILE URANIUM NAMIBIA Meter cuizom 23
Slide 35: M1 Drilling – Note Magnetite Float
M1 Drilling – Note Magnetite Float For personal use only
Slide 36: Uraniferous Magnetite – Iron Oxide
Uraniferous Magnetite – Iron Oxide For personal use only HOLE UTM E UTM N TD FROM TO INT eU3O8 GTM M1-8.300 11.200 488804 7476705 100 68 80 12 783 9,283 M1-8.500 11.200 488806 7476505 100 78 87 9 672 6,215 M1-8.400 11.000 489005 7476605 106 82 89 7 826 6,155 M1-8.300 11.100 488906 7476706 103 45 61
Slide 37: Swakopmund Office and Operational Base
Swakopmund Office and Operational Base For personal use only
Slide 38: Competent Person and eU3O8 Statement
Competent Person and eU3O8 Statement For personal use only • The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Leon Pretorius a Fellow of The Australasian Institute of Mining and Metallurgy. Dr Pretorius has s
Slide 39: Thank You For Attending
Deep Yellow Limited For personal use only Thank You For Attending Dr. Leon Pretorius Managing Director www.deepyellow.com.au
Deep Yellow — Australian Uranium Conference (July 2008) on 6ix