Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (February 2023)
16 slides from Devex Resources's investor presentation, Feb 8, 2023
Slide 1: Exploring Australia's Discovery Hotspots
For personal use only EXPLORING AUSTRALIA’S DISCOVERY HOTSPOTS Investor Presentation February 2023 ASX : DEV
Slide 2: Important Information
Important Information Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties. For personal use on
Slide 3: Exploring Australia's discovery hot-spots
Exploring Australia’s discovery hot-spots Alligator Rivers Uranium Province, NT For personal use only Nabarlek • Nabarlek Project – Targeting high-grade uranium and copper-gold, surrounding the historical Uranium Project Nabarlek Uranium Mine (24 Mlbs @ 1.8% U3O8 produced) • Unique - One of very few
Slide 4: Corporate Overview
Corporate Overview Board of Directors For personal use only Capital Structure Tim Goyder Shares 366.1M Chairman Mining executive with strong track record of successful investment and value creation for Options 14.5M shareholders. Market Cap $111.7M (at 30.5c2) Chairman of Liontown Resources, NED of
Slide 5: Major uranium asset in Australia's highest-grade uranium province
Major uranium asset in Australia’s highest-grade uranium province For personal use only The Alligator Rivers Uranium Province, NT (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources )1,2 • Close analogue to uranium deposits in the Athabasca Basin in Canada, incl.: • Rook I Pr
Slide 6: Project Time to Power Up
Nabarlek Project Time to Power Up For personal use only 150 Nabarlek Mine Area 125 • Exploration centered on the 100 historical Nabarlek Uranium Mine Uranium Spot Price Exploration Camp • Well established infrastructure US$/lb Acquired Nabarlek 75 and support network Fukushima Event March 2022: US$5
Slide 7: Delivering results across multiple uranium prospects
Nabarlek Project: Delivering results across multiple uranium prospects 2022 Drilling now delivering multiple high For personal use only grade uranium: Nabarlek South Near surface fracture hosted uranium mineralisation in dolerite, preliminary results incl.: 10.1m @ 1.1% U3O8 from 124m incl 3.3m @ 2.
Slide 8: Near surface uranium at Nabarlek South
Nabarlek Project: Near surface uranium at Nabarlek South 2022 diamond drilling indicates: For personal use only • Near surface fracture hosted uranium mineralisation in dolerite • Multiple high-grade uranium in narrow fractures which bulk out over broader intervals • Potential to expand Nabarlek Sou
Slide 9: Nabarlek South Regional Targets
Nabarlek Project: Nabarlek South Regional Targets For personal use only • Sparse RC/diamond drilling over several kilometres defining uranium mineralisation • Uranium association with southern edge of ENE gravity feature • Untested uranium drillhole intercepts east and west of recent 2022 drilling •
Slide 10: New basement intercept north of U42 Prospect
Nabarlek Project: New basement intercept north of U42 Prospect For personal use only U42 Prospect • Large scale uranium target identified, similar in style to nearby world class Ranger Uranium Deposit • Broad spaced reconnaissance RC drilling has intersected new high-grade uranium mineralisation ben
Slide 11: Uranium trend to the north of U42 Prospect, untested
Nabarlek Project: Uranium trend to the north of U42 Prospect, untested For personal use only U42 Prospect • Airborne radiometric data has highlighted a prominent uranium trend that closely matches the recent bedrock uranium intercepts • Wide open drilling opportunity • Priority target for follow-up
Slide 12: 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 discovery of high-grade palladium and associated nickel-copper-platinum group elements (Ni-Cu-PGE) by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region • Sovereign Project loc
Slide 13: Central Lachlan Fold Belt Region: Sizeable portfolio amongst majors
Central Lachlan Fold Belt Region: Sizeable portfolio amongst 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 large-scale gold deposits including the Cowal Gold Mine (Evolution M
Slide 14: Nangus Road Prospect: Large scale Au-Cu Drill Target
Nangus Road Prospect: Large scale Au-Cu Drill Target For personal use only • Recent drilling defining shallow high-grade gold mineralization - open to the north, south and at depth • Gold intercepts lie within strongly altered, sheared, volcanic rocks flanked by monzonite intrusions Billabong Creek
Slide 15: DevEx Next Steps
For personal use only DevEx Next Steps Nabarlek • Planning underway for recommencement of drilling in second quarter 2023 • Drilling to expand upon the 2022 high-grade uranium intercepts, incl.: o U42 o Nabarlek South Sovereign • Ground EM surveys over the mafic-ultramafic intrusion are underway • E
Slide 16: Contact Details and References
For personal use only Contact Details Investor Relations Level 3, 1292 Hay Street Read Corporate West Perth WA 6005, Australia Nicholas Read +61 8 9388 1474 +61 8 6186 9490 nicholas@readcorporate.com.au +61 8 6186 9495 info@devexresources.com.au https://twitter.com/DevExResources www.devexresources.
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