Deep Yellow Limited · ASX:DYL
Deep Yellow — Proactive Investors CEO Presentation (October 2016)
26 slides from Deep Yellow's conference presentation, Oct 10, 2016
Slide 1: Proactive Investors CEO Presentation
Deep Yellow Limited For personal use only Proactive Investors CEO Presentation Highly leveraged ASX uranium play… 4 & 5 October 2016 Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to interested analysts and investors. For personal use only This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Key Points
Key Points For personal use only ASX-listed advanced stage Namibian uranium company Focussed on near-term development of its Tumas Project: • Highest grade undeveloped calcrete resource in Namibia (~350ppm) • Marenica’s U-pgradeTM process enables comparatively low costs Holds an exciting project pip
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only The Board Capital Structure – as at 29/09/2016 Rudolf Brunovs Interim Chairman Shares on Issue 2,144M Greg Cochran Managing Director Performance Rights 61.8M Gillian Swaby N.E.D Market Cap (@ 0.5c/share) ~ AUD 10.7M Christophe Urtel N.E.D Net Cash ~AUD 2.0M M
Slide 5: Project Locations
Project Locations For personal use only 93.8 Mlbs at 306ppm in resources* Notes: Exploration in Namibia is conducted by DYL’s wholly- owned subsidiary Reptile Uranium Namibia (RUN) * Assuming a 250ppm cut-off at Omahola Note: EPLs 3669 & 3670 are under renewal 5
Slide 6: Tumas Project & U-pgrade – Introduction
Tumas Project & U-pgradeTM – Introduction Development of Marenica’s U-pgradeTM closely monitored by DYL since 2013 Tubas SandthatProject: Summary For personal use only Recognition U-pgrade could TM significantly reduce capital and operating costs First Tangible Steps Completed in 2014 Successful min
Slide 7: Extensive Palaeochannels host Calcrete Resources
Extensive Palaeochannels host Calcrete Resources An extensive mineralised palaeochannel system in excess of 100 kilometres Tubas Sand Project: Summarycalcrete resources in Namibia. For personal use only hosts the highest grade undeveloped The Tumas Project consists of the Tumas Deposit (Zones 1-3) &
Slide 8: Resource Base – well defined with ample upside
Resource Base – well defined with ample upside Location Tubas Sand of first bulk Project: sample excavated November 2015 Summary For personal use only Grade control drilling program (12.5m centres) confirmed resource continuity prior to bulk sample 8
Slide 9: Bulk Sample Excavation
Bulk Sample Excavation For personal use only Excavation of bulk sample demonstrates simple geology – little overburden, shallow to drill out in Zones 1 & 2 9
Slide 10: Outstanding U-pgrade Testwork Results
Outstanding U-pgradeTM Testwork Results* Tubas Sand Project: Summary For personal use only Marenica U-pgradeTM Plant: U-pgradeTM That’s 1.5% U3O8 Clay Beneficiation And Carnotite (Scrubbing & Calcite Concentration Attrition) Tumas ROM Ore Removal @ ~320ppm Uranium Concentrate 3 ~94% Rec ~82% Cum Rec
Slide 11: Marenica U-pgrade Plant – Implications
Marenica U-pgradeTM Plant – Implications This is what a 2.5% mass pull enables… For personal use only Conventional Alkali Leach Circuit Tumas U-pgradeTM Leach Circuit 11
Slide 12: Potential to toll treat – reduces capex
Potential to toll treat – reduces capex For personal use only 12
Slide 13: Potential to toll treat – accessible options
Potential to toll treat – accessible options For personal use only Given its prior offtake discussions for the Tubas Sand Project DYL has a unique insight into the potential market for offtake 13
Slide 14: However a standalone mine is also attractive…
However a standalone mine is also attractive… For personal use only 14
Slide 15: …due to much smaller plant requirements and…
…due to much smaller plant requirements and… For personal use only 15
Slide 16: …because services required are so much lower
…because services required are so much lower For personal use only 16
Slide 17: Tumas – Draft Project Schedule
Tumas – Now the next Namibian Uranium Mine Draft Project Schedule For personal use only 2016 2017 2018 ACTIVITY Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Geometallurgical Drill Program Accelerated PFS Metallurgical Variability Testwork Metallurgical Optimisation Testwork Mining Studies Resource Update/Reserve Defi
Slide 18: Tumas – Draft Project Development Schedule
Tumas – Now the next Namibian Uranium Mine Draft Project Development Schedule For personal use only 2019 2020 ACTIVITY Q1 Q2 Q3 Q4 Q1 Q2 EPCM Detailed Engineering Design Site Establishment Process plant & equipment fabrication Onsite Construction Commencement of Mining Plant Commissioning MEY Perfor
Slide 19: Conclusions
Conclusions Gathering Momentum despite the Challenging Market Environment For personal use only Tumas Project - Potential for fast track, low cost project • Stepping up the pace heading into 2017 • PFS and Variability testwork to be completed by mid-year • Accelerated DFS program • Commissioning ~20
Slide 20: Thank you….
For personal use only Thank you…. Greg Cochran Managing Director Deep Yellow Limited Level 4, 502 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 M +61 409 938-784 F +61 8 9286 6969 Email: greg.cochran@deepyellow.com.au Email: info@deepyellow.com.au Website: www.deepyellow.com.au 20
Slide 21: Appendices
For personal use only Appendices
Slide 22: JORC Resources
JORC Resources Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only Omahola Project - JORC 2004 INCA Deposit Indicated 250 7.0 470 3,300 7.2 INCA Deposit Inferred 250 5.4 520 2,800 6.2 Ongolo Deposit # Measured 250 7.7 395 3,000 6.7 Ongolo Deposit
Slide 23: JORC Compliance Statements
JORC Compliance Statements – Page 1 Omahola Project For personal use only The information in this report that relates to Exploration Results for the Ongolo, MS7 and INCA deposits is based on information compiled by Dr Katrin Kärner* who is a Member of the Australasian Institute of Mining and Metallu
Slide 24: JORC Compliance Statements
JORC Compliance Statements – Page 2 Tubas-Tumas Project The information in this report that relates to the Tumas Zone 1 Infill Drilling Exploration Results is based on and fairly represents information and supporting documentation prepared or reviewed by Mr Geoffrey Gee, a Competent Person who is a
Slide 25: Board
Board Broad range of mining, technical and financial experience For personal use only Chartered Accountant, full equity Over 30 years investment banking and Rudolf Brunovs partner for over 27 years with Ernst & entrepreneurial experience Mervyn Greene Interim Chairman and Young and predecessor compa
Slide 26: Management
Management Broad range of mining, technical and financial experience For personal use only Senior mining executive with over 28 years Over 20 years financial management international industry experience experience within mining and private Greg Cochran Former companies include Terramin Ursula Pretor
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