Slide 1: Investor Presentation News Release
NEWS RELEASE 9 August 2022 INVESTOR PRESENTATION We attach an updated Investor Presentation following implementation of the merger with Vimy Resources Limited as announced to ASX on 5 August 2022. JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for releas
Slide 2: Building a Global Tier-1 Uranium Company
BUILDING A GLOBAL TIER-1 URANIUM COMPANY Investor Presentation August 2022 www.deepyellow.com.au
Slide 3: Disclaimer
Disclaimer Disclaimer upon as (and is not) an indication of the Company or any other party’s views on the Company’s future financial performance or condition or prospects. Investors looking statements. There can be no assurance that the Company’s plans for development of its mineral properties will
Slide 4: Introduction
01 01 Introduction www.deepyellow.com.au
Slide 5: An Emerging Global Uranium Leader
An Emerging Global Uranium Leader Successfully executing a unique dual pillar strategy to develop a geographically diversified, multi-mine pipeline targeting production of +10mlb p.a. from high quality deposits located in attractive uranium mining jurisdictions Two advanced projects with potential p
Slide 6: Increased Global Scale
Increased Global Scale • Deep Yellow has the largest uranium resource base of any ASX- listed company, with an attributable Mineral Resource base of 389Mlb • Once in production, Deep Yellow will be the largest pure-play uranium producer on the ASX • Deep Yellow operates in Tier-1 mining jurisdiction
Slide 7: Best-in-Class Team and Strong Financial Standing
Best-in-Class Team and Strong Financial Standing A HIGHLY EXPERIENCED TEAM WITH A PROVEN TRACK RECORD ENHANCED FINANCIAL AND CAPITAL MARKET PROFILE • Proven and successful track record of exploring, developing, • Completed merger with Vimy Resources creates a leading financing and operating uranium
Slide 8: Diversified, Independent and Well-Positioned
02 Diversified, Independent and Well- Positioned www.deepyellow.com.au
Slide 9: Geographically Diversified, Advanced Project Portfolio
Geographically Diversified, Advanced Project Portfolio • Project portfolio provides diversity by Advanced-stage asset, stage of development and Early-stage to continue geographic location organic pipeline • Operating across two Tier-1 mining Omahola Alligator River Namibia Northern Territory jurisdi
Slide 10: Operating in Tier-1 Mining Jurisdictions
Operating in Tier-1 Mining Jurisdictions AUSTRALIA NAMIBIA Tier-1 mining jurisdiction of choice Tier-1 uranium jurisdiction supported by a mature regulatory environment and highly supportive Economically developed and regulated region, government representing low supply risk for uranium fuel b
Slide 11: Tumas Project Overview
Tumas Project Overview TUMAS PROJECT - 100% REPTILE(1) 26-YEAR LOM ACHIEVED WITH STRONG UPSIDE Page 1 of 2 • Similar to Langer Heinrich deposit, an operation very well • Ore Reserves of 68.4Mlb increased by 121% in understood by the Deep Yellow team CY2021 • Multiple deposits discovered, with only 6
Slide 12: Mulga Rock Project Overview
Mulga Rock Project Overview MULGA ROCK PROJECT - 100% EARLY WORKS PROGRAM Page 1 of 2 • Located in the Tier-1 mining jurisdiction of Western Australia Early Works program is commenced at Mulga Rock • Globally significant Mineral Resource of 71.2Mt @ 570ppm for 90.1Mlb Cleared over 200 hectares w
Slide 13: Significant Exploration Growth Upside
Significant Exploration Growth Upside ALLIGATOR RIVER PROJECT, NORTHERN TERRITORY – 100% OMAHOLA BASEMENT PROJECT - NAMIBIA - 100% Page 1 of 2 • Located in the world class uranium province of Alligator River, • Measured, Indicated and Inferred Resource base of which hosts some of the highest-grade u
Slide 14: Planned Activities
Planned Activities • Successful integration of Vimy merger by end 2022 Page 1 of 2 o Ensure smooth transition of people and management of assets • Completion of Tumas DFS late 2022 o Study in final stages and continuing to deliver to expectation • Commence revised DFS for Mulga Rock o Focus on base
Slide 15: Continued Expansion through Targeted M&A
03 Continued Expansion through Targeted M&A www.deepyellow.com.au
Slide 16: Well-Defined M&A Strategy to Continue Consolidation
Well-Defined M&A Strategy to Continue Consolidation • Severe expertise destruction and IP loss from decreasing number of uranium-focused companies over the past decade, from 100s to 50-60 • Fragmented junior sector, with inexperienced management teams and underfunded projects • Timing is ideal for l
Slide 17: Unique and Differentiated Uranium Developer
04 Unique and Differentiated Uranium Developer www.deepyellow.com.au
Slide 18: Building Foundations for Long-Term Sustainability
Building Foundations for Long-Term Sustainability • Management understand the importance of sustainability and making this a core focus Page 1 of 2 • Ongoing and critical attention supporting local communities in developing a sustainable economic environment with long lasting benefits • Early approa
Slide 19: Nuclear – A Logical Step to Energy Security
Nuclear – A Logical Step to Energy Security Uranium industry is well positioned for significant value uplift in global energy transition Investor and government sentiment towards nuclear is improving, driven by acceleration towards clean energy and aggressive emission targets Nuclear is the only via
Slide 20: Who will Supply a Growing Uranium Market?
Who will Supply a Growing Uranium Market? Clear change in uranium market fundamentals in post-Fukushima recovery IMPENDING SHORTAGES AND SUPPLY DISRUPTION – WHO WILL BE THE NEW BUILDERS? • Large, long-life operations have ceased production – Ranger (Aust), Cominak (Niger) Price Indicators (5 Aug 202
Slide 21: A Compelling Uranium Story
A Compelling Uranium Story Page 1 of 2 Deep Yellow has the building blocks to establish a Tier-1 mining company: o Tumas Project – a world-class long-life asset, +25-year LOM (3Mlbp.a.) o Mulga Rock Project ~15-year LOM (3.5Mlbp.a.) o Extensive exploration portfolio available to build on existing pr
Slide 22: For further information
For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 21
Slide 23: Appendix - JORC Mineral Resources
Appendix - JORC Mineral Resources Measured Indicated Inferred Attributable Tonnes Total Resource Resource Deposit (M) (Mlb U3O8) (Mlb U3O8) (Mlb U3O8) (Mlb U3O8) (Mlb U3O8) INCA Deposit (100%) 36.6 - 12.3 9.7 22.0 22.0 Ongolo Deposit (100%) 227.1 19.7 31.7 36.3 87.7 87.7 MS7 Deposit (100%) 34.5 9.1
Slide 24: Appendix - JORC Ore Reserves
Appendix - JORC Ore Reserves 1. Deep Yellow currently owns 100% of Tumas. Oponona has an option to acquire 5% of the Project however the option is yet to be exercised. 2. Totals may not match area tonnes due to rounding. Notes: For the Namibian Resources / Reserves - XRF chemical analysis unless ann
Slide 25: Global Uranium Listed Peers – Mineral Resource Estimates
Global Uranium Listed Peers – Mineral Resource Estimates Total 100% 100% 100% 100% Total Att. Att. Att. Attributable Company Stage Measured Indicated Inferred Resources(3) Measured Indicated Inferred Information Source Resources(3) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) Bannerman En
Slide 26: Global Uranium Listed Peers – Mineral Resource Estimates
Global Uranium Listed Peers – Mineral Resource Estimates Total 100% 100% 100% 100% Total Att. Att. Att. Attributable Company Stage Measured Indicated Inferred Resources(2) Measured Indicated Inferred Information Source Resources(2) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) (Mlbs) ASX Announce