DevEx Resources Ltd · ASX:DEV
DevEx Resources — Uranium Equities — Investor Presentation (May 2015)
15 slides from DevEx Resources's investor presentation, May 2015
Slide 1: Pursuing a billion-dollar prize in a world-class uranium province
Corporate Presentation ASX Code: UEQ May 2015 Investor Presentation Exploring the high-grade Nabarlek uranium project, NT Pursuing a billion-dollar prize in a world-class uranium province
Slide 2: Disclaimer and Competent Person's Statement
Corporate Presentation Disclaimer and Competent Person’s Statement Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking statements”. Although the Company believes the expectations expressed in such forward-looking statements are based on reasona
Slide 3: Investment Overview
Corporate Presentation Investment Overview A new chapter of exploration at the Nabarlek Project • Extensive and highly prospective portfolio in world-class Alligator Rivers Uranium Province (ARUP), Northern Territory • Focusing on the high-grade Nabarlek Project – historical high-grade uranium mine
Slide 4: Alligator Rivers Uranium Field
Corporate Presentation Alligator Rivers Uranium Field A world-class, high-grade uranium province • > 500Mlb U3O8 endowment with operating mine at Ranger (ERA mkt cap ~A$700M) • Stable pro-mining jurisdiction with >30 years of uranium production • Prospective area comparable to the Athabasca Basin (>
Slide 5: Nabarlek – A Remarkable History Spanning +40 Years
Corporate Presentation Nabarlek – A Remarkable History Spanning +40 Years One of Australia’s great exploration and mining stories… • Originally discovered by Queensland Mines in 1970 by following up an intense radiometric anomaly • High-grade find captured international attention and sparked a share
Slide 6: Nabarlek – A Remarkable History Spanning +40 Years
Corporate Presentation Nabarlek – A Remarkable History Spanning +40 Years One of Australia’s great exploration and mining stories… • Queensland Mines began developing the Nabarlek property in the early 1970s, closing long-term off-take deals with Japanese utilities Kyushu and Shikoku Electric Power
Slide 7: Nabarlek Offset Target – High Value Potential
Corporate Presentation Nabarlek Offset Target – High Value Potential Untested target below Australia’s highest grade U mine • 24Mlbs @ 1.84% Orebody Nabarlek mined orebody 24Mlbs @ U3O8 mined by open plunges 1.84% U3O8 north cut Orebody truncated at 85m by Cahill Formation barren cross-cutting doler
Slide 8: Nabarlek Mine – Typical Alteration Halo
Corporate Presentation Nabarlek Mine – Typical Alteration Halo Chlorite Alteration in SWIR • Chlorite alteration >1% U3O8 high-grade signature in NAD083 shells; truncated by dolerite supports lithogeochemistry Cahill Formation • Reflects alteration related to proximal- Short wavelength intermediate
Slide 9: Nabarlek Offset Target – Ranger Deeps Analogy
Corporate Presentation Nabarlek Offset Target – Ranger 3 Deeps Analogy World-Class High Value Target 24Mlbs (a) • Opportunity to locate extensions Cahill Formation @ 1.84% U3O8 below the barren dolerite sill • By analogy with Ranger/Jabiluka, Oenpelli Dolerite ‘OFFSET’ TARGET potential to extend min
Slide 10: Nabarlek – New Targeting Approach
Corporate Presentation Nabarlek – New Targeting Approach New concepts building on historical work • New targeting approach has identified likely position of the down-plunge extension, not tested in previous Nabarlek modelled high-grade core drilling • Re-assay and mineral spectral Cahill analysis of
Slide 11: Alteration Model Applied Across Project
Corporate Presentation Nabarlek Alteration Model Applied Across Project New high priority targets generated • Spectral and lithogeochemical data integrated to identify mineral systems in West Arnhem JV (UEQ N 40% earning 100%) • Uranium pathfinders and alteration Nabarlek ML indicators associated wi
Slide 12: The Prize: Unconformity Uranium = World Class, High Grade Deposits
Corporate Presentation The Prize: Unconformity Uranium = World Class, High Grade Deposits Athabasca & ARUP most significant areas globally • High grade relative to other types of uranium deposits with Fission U, Triple R examples including: Nabarlek • McArthur River 385Mlbs @ 16.46% U3O8 (Cameco Cor
Slide 13: Summary
Corporate Presentation Summary High leverage to company-making exploration potential • World-class uranium exploration portfolio in the ARUP • 100% ownership of Australia’s highest grade historical uranium mine • New geological interpretation of the Nabarlek deposit has identified significant new po
Slide 14: Pursuing a billion-dollar prize in a world-class uranium province
Corporate Presentation ASX Code: UEQ May 2015 Investor Presentation Exploring the high-grade Nabarlek uranium project, NT Pursuing a billion-dollar prize in a world-class uranium province
Slide 15: Corporate Snapshot
Corporate Presentation Corporate Snapshot Highly leveraged to exploration success Capital Structure Board & Management Shares 450M Tim Goyder Executive Chairman Fully diluted 450M Bryn Jones Non Exec Director Market Cap $4.1M (at 0.9c) Richard Hacker Non Exec Director Cash $0.3M (at 31 Mar) Kym Verh