Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (October 2020)
24 slides from Devex Resources's investor presentation, Oct 12, 2020
Slide 1: Positioned for Discovery in Australia's Exploration Hot-Spots
For personal use only POSITIONED FOR DISCOVERY IN AUSTRALIA’S EXPLORATION HOT-SPOTS Investor Presentation OCTOBER 2020 ASX : DEV
Slide 2: Important Information
Important Information Forward Looking Statements For personal use only 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 reasonable assumptions, such s
Slide 3: Exploring in Australia's discovery hot-spots
Julimar Complex, WA (Earn-In & 100% owned) Exploring in Australia’s • New high-grade palladium-nickel discovery by Chalice Gold Mines has demonstrated enormous potential for the region. discovery hot-spots For personal use only • Exploration underway at the Sovereign Ni-Cu-PGE Project following new
Slide 4: Corporate Overview: Well funded for discovery success
For personal use only Corporate Overview: Well funded for discovery success Capital Structure Major Shareholders Shares 246M Tim Goyder (Chairman) 22% Options 15.5M Top 20 46% Market Cap $77M (at 30c) Cash1 $6.95M Assets PhosEnergy Limited (8.8%): 5.1M Shares Board & Management Tim Goyder Chairman B
Slide 5: Led by an invested and highly motivated team
Led by an invested and highly Supported by an experienced motivated team… technical team and board • 35+ years experience. For personal use only • Extensive experience in epithermal gold and porphyry copper-gold exploration and development in the Lachlan Fold Belt and abroad. Chris Torrey • Former s
Slide 6: Julimar Complex
Julimar Complex For personal use only Nickel-Copper-PGE WESTERN AUSTRALIA PERTH Sovereign Project & Julimar Applications Developing a strategic position within a new exploration hot spot Targeting magmatic palladium-nickel-copper deposits
Slide 7: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region For personal use only • Recent high-grade palladium and associated nickel-copper- platinum group elements (Ni-Cu-PGE) discovery by Chalice Gold Mines Limited (ASX:CHN) has kicked off an exploration boom in the region. • DevEx has secured
Slide 8: Sovereign Project: Multiple late-time conductors identified, up to 1km long
Sovereign Project : Multiple “late-time” conductors identified, up to 1km long For personal use only • Airborne electromagnetic (AEM) survey completed – preliminary data defining Multiple AEM conductors – the Kingsley, Mackenzie and Hudson Prospects identified. • The AEM conductors are seen in the “
Slide 9: Sovereign Project: Support for Julimar Mafic-Ultramafic Rocks
Sovereign Nickel-Copper-PGE Project : Support for Julimar Mafic-Ultramafic Rocks For personal use only • Sovereign Project is covered by extensive laterite (bauxite) development masking underlying rocks. • New ground gravity survey and recent laterite geochemistry supports potential for underlying m
Slide 10: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Basin Creek Project Junee Project Wilga Downs Project Wilga Downs Project SYDNEY Basin Creek & Large scale gold and copper-gold potential, tightly held by major miners Junee Projects Drilling campaign now underway
Slide 11: Lachlan Fold Belt Region: DevEx has built a sizeable portfolio
Lachlan Fold Belt Region: DevEx has built a sizeable portfolio amongst mining majors For personal use only 1 A world-class gold, copper-gold Belt Host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd) as well as several largescale gold deposits including Cowal Gold Mine (
Slide 12: Basin Creek Project: +3.5km gold system defined at Main Ridge Prospect
Basin Creek Project: +3.5km gold system defined at Main Ridge Prospect For personal use only • Large-scale, continuous system of gold-in-soil anomalies, +3.5km in length at the Main Ridge Prospect. • Rock chips returned grades of up to 8.0g/t gold in strongly altered felsic to intermediate volcanic
Slide 13: Junee Copper-Gold Project: 60km NE of Basin Creek Project
Junee Copper-Gold Project: 60km NE of Basin Creek Project, NSW For personal use only SYDNEY Basin Creek & Junee Projects Major explorers within the Junee-Narromine Volcanic Belt Newmont Goldcorp Exploration Pty Ltd | Freeport-McMoran Exploration Australia Pty Ltd | Evolution Mining Ltd | Sandfire Re
Slide 14: Junee Project: Underexplored with no prior drilling for +25 years
Junee Project: Underexplored with no prior exploration drilling for +25 years For personal use only • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite) contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrus
Slide 15: Junee Project: RC / Diamond drilling
Junee Project: RC / Diamond drilling For personal use only Riversdale North: • RC/Diamond drilling of IP Anomaly underlying oxidised copper associated with epidote veins and alteration, including a gold + base metal gossan assaying 2.81g/t Au, 0.4% Cu and 1.3% Pb. Nangus Road: • Diamond drilling tar
Slide 16: Cobar Gold-Base Metal Projects: DevEx expands NSW portfolio
Cobar Gold-Base Metal Projects: DevEx expands NSW portfolio in the highly prospective Cobar Basin region For personal use only New discovery opportunities further strengthen DevEx’s high-quality NSW copper-gold exploration strategy: 1. Wilga Downs Gold-Base Metal Project • Recent Earn-In Agreement w
Slide 17: Wilga Downs Project: Planning underway to drill prospective target
Wilga Downs Project: Planning underway to drill prospective target For personal use only • Strong coincident magnetic and gravity high identified beneath historical anomalous copper, lead and zinc intercepts. • Magnetic/Gravity highs located on the prospective fault contact between Cobar Supergroup
Slide 18: Wilga Downs Project: Planning underway to drill prospective targets
Wilga Downs Project: Planning underway to drill prospective targets For personal use only • Magnetic/Gravity anomaly located on the prospective contact between Cobar Supergroup and Girilambone Group. Preparations underway for a • Historical drilling above main magnetic/gravity highs has intersected
Slide 19: Next Steps: Planned timeline to drill
Next Steps: Planned timeline to drill 2020 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 For personal use only Basin Creek Project, NSW • Surface soil geochemistry (central and southern area) • RC and Diamond Drilling Program Drilling Junee Project, NSW • RC and Diamond Drilling Program Drilling Underwa
Slide 20: 2020+ Forward Plan: NSW Gold, Copper-Gold Projects
2020+ Forward Plan... NSW Gold, Copper-Gold Projects • Basin Creek Gold Project: • Initial drilling is nearing completion. For personal use only • Next round of drilling will be determined once all assays have been received, and priority targets identified. • Junee Copper-Gold Project: • RC and Diam
Slide 21: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slide 7: 1.Chalice Gold Mines Limited (ASX:CHN) ASX announcement “High-Grade Ni-Cu-Pd Sulphide Intersected at Julimar” on 23rd March 2020 and “High-grade Ni-Cu-PGEs confirmed in discovery zone at Julimar” on 25th May 2
Slide 22: Notes
For personal use only NOTES ASX : DEV
Slide 23: Notes
For personal use only NOTES ASX : DEV
Slide 24: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic
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