Deep Yellow Limited · ASX:DYL
Deep Yellow — Conference Presentation (May 2007)
28 slides from Deep Yellow's conference presentation, May 2007
Slide 1: Deep Yellow Limited - A True Uranium Company
DEEP YELLOW LIMITED A TRUE URANIUM COMPANY
Slide 2: Disclaimer
DISCLAIMER 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 in this presentation ha
Slide 3: Background
BACKGROUND • 1970’s Uranium people decide to rejoin the game in 2005 • Present Board take control of ASX listed Deep Yellow in October 2005 • Market cap in October 2005 around $10 M and $1 M cash • Attract three uranium experienced geoscientists to join • Commence aggressive M & A programme in Austr
Slide 4: What Makes Deep Yellow Different?
WHAT MAKES DEEP YELLOW DIFFERENT? • Company managed and directed by geoscientists • 6 of whom have a total of ~60 years uranium experience • ~Aus $28 million cash at bank and receivables • Australian Tenements in diverse regions cover ~65,000 km2 • Namibia Tenements cover 2,622 km2 near Langer Heinr
Slide 5: Board
BOARD • Leon Pretorius, Executive Chairman. A geochemist with 36 years industry experience with 18 years in uranium worldwide – the last 5 with Paladin Resources. MSc and PhD on uranium exploration and geochemical research • Martin Kavanagh, Executive Director. An exploration geologist with 36 years
Slide 6: Corporate
CORPORATE • 996,893,233 Shares and 45,500,000 Options (8.5 c to 60 c) • Market Cap ~$650 million • Current cash and receivables ~$28 million • Estimated 3 year exploration budget $20 million • Top 20 shareholders hold ~ 60% • Top 10 shareholders hold ~50% • ASX Top 300 Company
Slide 7: Geoscientific Personnel
GEOSCIENTIFIC PERSONNEL Australian team of 9 geoscientists, including: - • Geoff Gee. A geologist with 25 years experience, 10 of which spent on uranium with PNC in WA and the Arunta Province • Rudy Vooys. A geologist with 35 years experience, 10 of which spent on uranium with AGIP in NT – Kakadu, R
Slide 8: Uranium Price Graphs
URANIUM PRICE GRAPHS Constant 2006 US$ vs. Current US$ Spot U3O8 Prices
Slide 9: Australian Projects
AUSTRALIAN PROJECTS <a RO Dy upsnrtk Gy) RANGER 2) TABILUKA IM GLE, & KOONGARRA RUM JUNGLE ® is SOUTH ‘ ALLIGATOR g N Nertherm wafes Terrttory § WESTMORELAND y ‘Matrix Metals Sua) ) Queensland Agreement “re GEE if = y reel % ig [ Napperby \{ Cae Nise) FAs, VALHALLA " Anketell y ris", wns re D iO Mt
Slide 10: Napperby Project
NAPPERBY PROJECT • 150 km from Alice Springs on bitumen road • Subject of a pre-feasibility study by Uranerz • 20 x 4 km area of uranium mineralisation delineated within 10 m of surface in 1970/80s (~6,000 tonne U3O8) • DYL drilled 250 large diameter (60 cm) holes late 2006 on a 50 x 50 m grid withi
Slide 11: Tanami – Arunta
TANAMI – ARUNTA • Acquired 100% rights to uranium within Tanami Gold’s tenements covering 50,732 km² • Ongoing studies by Deep Yellow of available data defines substantial new targets • New Deep Yellow 100% tenements 6,375 km² • Commenced CLC and Landowner negotiations for access to prospective area
Slide 12: Tanami – Arunta Province
TANAMI —- ARUNTA PROVINCE Tanami Gold WA tenure = 3,228 km? N Western Australia 23°S 131°E Ta wl « Bigryli Mt Morris —___ Total Deep Yellow N.T. land holding March 2007 : 12,088km? Total Tanami Gold N.T. land holding March 2007 : 39,958km* C_ |L_ Mt Liebig kilometres 4 ia 2 Northern Solitaire A | Ss
Slide 13: Officer Project – Uranium Channel
OFFICER PROJECT – URANIUM CHANNEL ⃖ 150 km ⃗
Slide 14: NW Queensland
NW QUEENSLAND • Consolidating land position in this uranium province • Agreement to acquire the uranium rights to ~5,000 km² around Mt Isa and Cloncurry from Matrix Metals Ltd • Acquired Superior Uranium Pty LTD ~ 1,060 km² around Mt Isa and Cloncurry • Multiple uranium anomalies and 1970/80s drill
Slide 15: QLD and NW QLD
[BDL Tenements fi. Matrix Metals Ld J agreement tenements Deep Yellow Limited - Queensland Tenements Holdings rs ’ EPM9867 EPM 11090. scunagre EPM14916. EPM15070 PROSPECTOR =a DYL Tenements Cs Matrix Metals Ltd agreement tenements ® Mine @ Uranium Prospects f EPM13829 n J 21° EPM14148 LR crue EPM150
Slide 16: Airborne Total Field Magnetics
AIRBORNE TOTAL X FIELD MAGNETICS (200m line X 80m high) X = MIRANDA PROSPECT AN IRON-OXIDE SYSTEM? Scale 1,000 m
Slide 17: Superior Uranium Pty Ltd Drill Targets
SUPERIOR URANIUM Pty LTD DRILL TARGETS Calton Hills Uranium Anomaly Queens Gift Hematite – chlorite schist 3,530 ppm U3O8
Slide 18: South Australia - Western Gawler
SOUTH AUSTRALIA - WESTERN GAWLER • Acquired the uranium rights to 3,295 km² from Dominion Gold Operations Ltd – Negotiating to include a further 2,000 km² • Several palaeodrainages draining uraniferous intrusives • 2,800 line km Airborne EM survey completed. Interpretation indicates a number of pros
Slide 19: AEM Interpreted Channels
ce; AEM INTERPRETED CHANNELS
Slide 20: Central AEM Channel Interpretation
CENTRAL AEM CHANNEL INTERPRETATION ------- 10 km -------
Slide 21: Reptile Uranium Namibia (Pty) Ltd
REPTILE URANIUM NAMIBIA (PTY) LTD • DYL merged with BVI company to secure prospective uranium interests in Namibia which includes 1970/80’s drilled resources totalling +18,000 tonne of U3O8 • Three Exclusive Prospecting Licences covering 2,622 km2 of ground that is highly prospective for uranium in
Slide 22: Location of Project Areas
ATLANTIC OCEAN Swakopmund é Walvis Bay | Wires OW LTD a oak ENTS —— Tarred roads === Railway line A Airport or landing strip ‘RQ Working mine % Disused mine
Slide 23: Surface Projection of U Mineralisation
SURFACE PROJECTION OF U MINERALISATION
Slide 24: Historical Grade and Tonnage Estimates Within Reptile Tenements
HISTORICAL GRADE AND TONNAGE ESTIMATES WITHIN REPTILE TENEMENTS (Compiled from 1970/80s data before the adoption of the JORC Code and hence not JORC compliant) Deposit EPL Tonnage U3O8 in ppm Tonne U3O8 TUBAS 433 3496 26,000,000 222 5,772 ORYX 430 3496/7 18,000,000 300 5,320 ORYX EXT 708 3496 2,900,
Slide 25: RC Drilling on Tubas Channel
RC DRILLING ON TUBAS CHANNEL
Slide 26: Swakopmund Office and Operational Base
SWAKOPMUND OFFICE AND OPERATIONAL BASE
Slide 27: The Future
THE FUTURE • Maximise shareholder return on non-core assets - Napperby - Divest - JV or sell isolated projects - negotiations pending • Concerted evaluation effort in Mt Isa area - set up base - exploration drilling to recommence in May/June weather permitting • Concerted evaluation effort in Namibi
Slide 28: Thank You
THANK YOU DEEP YELLOW AN EXCITING AND GROWING URANIUM COMPANY Dr Leon Pretorius Executive Chairman