Slide 1: Focused Purely on Uranium Exploration and Development
FOCUSED PURELY ON URANIUM EXPLORATION AND DEVELOPMENT
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: Objectives
Objectives • Initial focus on Australia • Delineate and acquire prospective ground in the known major uranium provinces ahead of the perceived ‘rush’ (+70 companies in Australia now) • Use in-house expertise in greenfields areas as well • Offer shareholders growth through exploration discovery • Alt
Slide 4: Board
Board • Leon Pretorius, Executive Chairman. A geochemist with 35 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 35 years
Slide 5: Corporate
Corporate • 617,045,966 Shares and 57,660,000 Options (1c to 50c) • Market Cap ~$105 million (@17cps) • Current cash and receivables ~$15 million • Estimated 3 year exploration budget $9 million
Slide 6: Key Technical Personnel
Key Technical Personnel • Steve Hogan. A geologist with 20 years experience, 16 years experience in the Tanami – Arunta and 4 years experience in North Queensland. 2 Years uranium • Geoff Gee. A geologist with 24 years experience, 10 of which spent on uranium with PNC in WA and the Tanami – Arunta •
Slide 7: March 2006 Snapshot
March 2006 Snapshot • Cashed-up with ~$15 million in the bank • Resource Evaluation – Napperby Trenching completed, assays pending Further drilling to follow • Exploration Portfolio – expanded significantly Tanami – Arunta Province 57,254 km² Western Gawler District 3,295 km² Mt Isa – Clon
Slide 8: Australian Projects
© Deep Yellow Projects 6 ® Known major uranium mines/deposits .
Slide 9: Napperby Project
Napperby Project • 150 km from Alice Springs on bitumen road • Subject of a pre-feasibility study by Uranerz in 1970s • 20 x 4 km area of uranium mineralisation delineated within 10m of surface • DYL completed 600 holes targeting a JORC resource • Poor core recovery and inconsistent assays not condu
Slide 10: Napperby
Napperby T 132°45" NEW WELL, PROSPECT | ELA24606 Lake sediments Calerete outcropping/buried testiay [PBIB | Palacodrainage oxidised/reduced PROTERGEOR Quartzite precanerian [E83] Granite EEE Uranium mineralisation [J tenement areas ‘QUATERNARY NAPPERBY PROJECT NEW WELL PROSPECT SIMPLIFIED GEOLOGY AN
Slide 11: Napperby Drilling
DEEP YELLOW Napperby Drilling > DEEP YELLOW 3 “
Slide 12: Napperby Drilling
Napperby Drilling ⃖ 20 km ⃗
Slide 13: Napperby Trenching Programme March 2006
Napperby Trenching Programme March 2006
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Slide 21: Tanami – Arunta
Tanami – Arunta • Ongoing studies of available data defines substantial new targets • New Deep Yellow 100% tenements 6,374 km² • Acquired 100% rights to uranium within Tanami Gold’s tenements 50,880 km² • Commenced CLC and Landowner negotiations for access to prospective areas
Slide 22: Tanami – Arunta Province
DEEP YELLOW 131 se \ Tanami — Arunta Province 130% cata | ‘kilometres 200 TENNANT oes wa ain wine» SOLITAIRE ‘= ect noo — Ses ly EL25212 IN| l| = TaD ELA26156, be a FFICER on [HE Deep Yellow Tenure 100% 21°S W.A. =" ELA25147 Barrow Creek Total land holding at 06/03/06 : 6374km? [__] Tanami Gold NL A
Slide 23: Tanami – Arunta - Officer Project
Tanami – Arunta - Officer Project
Slide 24: Officer Project – Uranium Channel
Officer Project – Uranium Channel ⃖ 150 km ⃗
Slide 25: NW Joint Venture
NW Joint Venture • Matrix Metals Ltd – acquired the uranium rights to 3,216 km² • Multiple uranium anomalies and drill intercepts for immediate follow-up • Lochness Prospect – significant regional uranium anomaly, large untested ferruginous outcrop / alteration zone • Access agreements in place • Co
Slide 26: NW Joint Venture
DEEP YELLOW . NW Joint Venture ®@ Mt Gordon (Gunpomdeo] el —_— Major fauts ® Mine © Uranium Prospects © Other Prospects,
Slide 27: NW JV – Lochness Prospect
DEEP YELLOW NW JV — Lochness Prospect
Slide 28: South Australia - Western Gawler Project
South Australia - Western Gawler Project • Dominion Gold Operations Ltd – Acquired the uranium rights to 3,295 km² • Negotiations to include a further 2,000 km² • +40,000 calcrete sample in database from surface sampling and shallow drilling – no uranium assays • Several southwest to south flowing p
Slide 29: Western Gawler Project
DEEP YELLOW Western Gawler Project 139°E 1305, Dominion Gold Operations Pty Ltd Total land holding at 2102/06 : 3,295km? Mulgathing . Warrior Musgrave Park WA, Tarcoola 34°S
Slide 30: South Australia – Frome Basin Database / Siccus JV
South Australia – Frome Basin Database / Siccus JV • Acquired Paladin Database covering ~25,000km2 • Covers known sandstone / ISL deposits Beverley and Honeymoon • One tenement held (90%) with palaeochannel / drill targets at ±150 m depth. Access to be negotiated • New discovery by Alliance Resource
Slide 31: Frome Basin – Siccus JV & Alliance Discovery
Frome Basin – Siccus JV & Alliance Discovery
Slide 32: Looking Forward
Looking Forward • Cashed up after ‘Entitlement Issue’ Capital Raising with ~$15 million in the bank • Advance Napperby • First-pass drilling at NE Arunta project • Negotiations with CLC for access to Tanami – Arunta tenements • Commence work on Queensland and South Australian tenements • Growth via
Slide 33: Thank You
THANK YOU Dr Leon Pretorius Executive Chairman 31 March 2006