Slide 1: Deep Yellow Limited Indaba Presentation
Deep Yellow For personal use only Limited Indaba Presentation February 2013 Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to For personal use only interested analysts and investors. This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Presentation Overview
Presentation Overview For personal use only Corporate Profile Key Points Uranium in Namibia Omahola Project Other Projects 3
Slide 4: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 30 Jan 2013 Mervyn Greene – Chairman Shares on Issue 1,553.5 M Greg Cochran – Managing Director Performance Rights 17.758 M Martin Kavanagh – Executive Director Market Cap (@ 7.1c) ~ AUD110 M Gillian Swaby – N.E.D Net Cash ~
Slide 5: Key Points
Key Points Location – Completive Advantage For personal use only • Namibia • Project specific – access, shallow, infrastructure, topography, flora Growing resource base at flagship Omahola Project: • Namibia’s last independently held high grade alaskite project Operational track record: • Technical
Slide 6: Uranium in Namibia
Uranium in Namibia Marenica – Marenica Energy Limited Note: Exploration in For personal use only (100 ppm cut-off) Namibia is conducted by 196 Mt @ 169 ppm: 73 Mlbs DYL’s wholly-owned subsidiary Reptile Trekkopje – Areva Uranium Namibia (RUN) (100 ppm cut-off) 335 Mt @ 149 ppm: 110 Mlbs Valenica – F
Slide 7: Uranium in Namibia: Grade counts, not just size
Uranium in Namibia For personal use only Grade counts, not just size… 7
Slide 8: Omahola Project: Overview
Omahola Project: Overview For personal use only 2013 – Resource work Scoping level metallurgical testwork 2014 – Complete PFS 2015 – Complete DFS 2016 – Commence Production
Slide 9: Omahola Project: The Flagship
Omahola Project: The Flagship Located in Namibia’s “Alaskite Alley” For personal use only Alaskite Alley includes Rossing and Husab Structure along this trend associated with higher grade alaskites Multiple deposits to feed one plant: • Ongolo and MS7 – high grade alaskite hosted mineralisation • IN
Slide 10: Omahola Project: Exploration Success
Omahola Project: Exploration Success… For personal use only …is rapidly growing the resource base…
Slide 11: Omahola Project: MS7 Section
Omahola Project: MS7 Section Typical section showing shallow high grade For personal use only mineralisation in lower grade alaskite envelope… Demonstrates the potential for small pre-strip and low strip ratio
Slide 12: Other Namibian Projects
Other Namibian Projects For personal use only 4,195 km2 exploration area: 109.5 Mlbs U3O8 in JORC resources Note: Exploration in Namibia is conducted by DYL’s wholly-owned subsidiary Reptile Uranium Namibia (RUN)
Slide 13: Tubas Sand Project: Overview
Tubas Sand Project: Overview For personal use only Deposit Characteristics: JORC Inferred Resource: • 87 Mt at 148 ppm U3O8 for 28.4 Mlbs (70 ppm cut-off) Extensive area – formerly Anglo Project Well-sorted windblown sands, carnotite mineralisation Free flowing/weakly consolidated Uranium mostly in
Slide 14: Tubas Sand Project: Description
Tubas Sand Project: Description For personal use only Sand mining operation, physical beneficiation Leach circuit/resin loading Saleable product - loaded resin Optionality: • Offtake to existing producer, or • Supplemental feed to Omahola Modular approach ~ 250 tpa U3O8 Drilling and ongoing metallur
Slide 15: Shiyela Iron Project: Key Points
Shiyela Iron Project: Key Points JORC Resource 115.1 Mt at 19.5% Fe from two deposits For personal use only Scoping Study Completed (based on 2 Mtpa operation) • Capex: U$367 million • Opex: U$63.20/t fob • 45 km to coast, infrastructure advantages Multiple Products from coarse grind (80% passing 25
Slide 16: Contact Details
Contact Details For personal use only Greg Cochran Managing Director Deep Yellow Limited Level 1, 329 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 M +61 409 938-784 F +61 8 9286 6969 Email: greg.cochran@deepyellow.com.au Email: info@deepyellow.com.au Website: www.deepyellow.com.au
Slide 17: Appendices
For personal use only Appendices
Slide 18: Namibia: Title & Tenure
Namibia: Title & Tenure Reconnaissance Licence (RL) For personal use only Valid for 6 months (renewable under special circumstances) and can be exclusive in some instances. Allows regional remote sensing techniques. A work plan must be submitted to the Mining Commissioner. Exclusive Prospecting Lice
Slide 19: Namibia: Taxation & Empowerment
Namibia: Taxation & Empowerment Taxation For personal use only Mining company corporate income tax rate 37.5% payable on taxable profit. Capital allowances on machinery, equipment and vehicles taken on a straight line basis over three years. Exploration and development costs deducted in the year tha
Slide 20: JORC Resources - Namibia
JORC Resources - Namibia Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only NAMIBIA Omahola Project INCA Indicated 250 7.0 470 3,300 7.2 INCA Inferred 250 5.4 520 2,800 6.2 Ongolo # Measured 250 7.7 395 3,040 6.7 Ongolo # Indicated 250 9.5 372 3
Slide 21: JORC Compliance Statement
JORC Compliance Statement The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Leon Pretorius, a Fellow of the Australasian Institute of Mining and Metallurgy. Dr Pretorius, who was at the time, Managing Director