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 SEPTEMBER 2020 ASX : DEV
Slide 2: Important Information
Important Information For personal use only 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 reasonable assumptions, such s
Slide 3: Exploring in Australia's discovery hot-spots
Lachlan Fold Belt, NSW (100% owned) Exploring in Australia’s • New wave of explorers hunting for the next Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd), sparking significant interest in the region. discovery hot-spots For personal use only • DevEx has built a large +600k
Slide 4: Lachlan Fold Belt Gold, Copper-Gold Projects
Lachlan Fold Belt Gold, Copper-Gold For personal use only Projects NEW SOUTH WALES SYDNEY Basin Creek & Junee Projects Large scale gold and copper-gold potential, tightly held by major miners Drilling campaign now underway
Slide 5: Lachlan Fold Belt Region: sizeable portfolio amongst mining majors
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 6: 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 • New surface geochemistry results define a large- scale, continuous system of gold-in-soil anomalies which stretching the full +3.5km length at the Main Ridge Prospect. • These gold anomalies map an area wh
Slide 7: Drilling at Main Ridge Prospect
Drilling at Main Ridge Now targeting a major Prospect gold discovery For personal use only • Initial RC drilling now underway to test +3.5km long, continuous gold system. • A second (diamond) drill rig mobilised to site this week. • ~14-hole RC / diamond drilling program (~2,800m) is designed to tes
Slide 8: Junee Copper-Gold Project: 60Km NE of Basin Creek Project, NSW
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 9: Junee Project: Underexplored with no exploration drilling for +25 years
Junee Project: Underexplored with no exploration drilling for +25 years For personal use only • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusions contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrusions3. • +20km of prospective strike.
Slide 10: Junee Project: Exploration ramps up in 2020
Junee Project: Exploration ramps up in 2020 For personal use only 1 Riversdale North Prospect • 2019 assays and mapping identified 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. Billabong Creek • 2020 a new
Slide 11: Riversdale North and Billabong Creek Prospects
1 Scattered Epidote and Oxidised Small Gossan sub-crop Riversdale North Prospect Copper Veins in Volcanics Rockchip – 2.81g/t Au, 0.4% Cu Maximum Rockchip 1.3% Cu and 1.32% Pb • Coincident IP chargeability anomaly near surface For personal use only and directly beneath surface occurrences of scatter
Slide 12: Julimar Complex Nickel-Copper-PGE
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 13: 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 14: Sovereign Nickel-Copper-PGE Project: Commenced field exploration
Sovereign Nickel-Copper-PGE Project : Commenced field exploration For personal use only • Exploration focused on the high priority Sovereign magnetic complex. • Located between the Chalice discovery and Yarawindah Brook Ni-Cu-PGE Project (Cassini Resources; ASX: CZI). • Re-assay of historical shallo
Slide 15: Next Steps: Planned timeline to drill
Next Steps: Planned timeline to drill 2020 Sept Oct Nov Dec 2021 For personal use only Basin Creek Project, NSW • Surface soil geochemistry (central and southern area) • RC and Diamond Drilling Program Drilling Commenced Junee Project, NSW • RC and Diamond Drilling Program Drilling Scheduled Soverei
Slide 16: Corporate Overview: Well funded for discovery success
For personal use only Corporate Overview: Well funded for discovery success Capital Structure Major Shareholders Shares 237.9M Tim Goyder (Chairman) 19% Options 15.5M Top 20 44% Market Cap $52M (at 22c) Cash1 $6.95M Assets PhosEnergy Limited (8.8%): 5.1M Shares Board & Management Tim Goyder Chairman
Slide 17: 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 18: 2020+ Forward Plan
2020+ Forward Plan... Basin Creek Gold Project • +3.5km surface gold system identified at Main Ridge Prospect • Rock chips and soil geochemistry have defined several extensive surface gold For personal use only anomalies • RC drilling has begun – a second diamond drill rig due this week • Drilling p
Slide 19: Contact Details
For personal use only Contact Details Level 2, 1292 Hay Street West Perth WA 6005, Australia +61 8 9322 3990 +61 8 9322 5800 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic
Slide 20: Additional References
Additional References For personal use only Basin Creek & Junee Projects – Slide 5, 8 and 9: 1: Alkane Resource Ltd ASX Announcement 9th September 2019. 3: GSNSW East Riverina Mapping Project - Some Highlights and Implications, Eastlake and Trigg. Julimar Complex - Slide 13 and 14: 1: Chalice Gold M