Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (August 2021)
23 slides from Devex Resources's investor presentation, Aug 20, 2021
Slide 1: Exploring in Australia's Discovery Hotspots
EXPLORING IN AUSTRALIA’S For personal use only DISCOVERY HOTSPOTS Investor Presentation 20 August 2021 ASX : DEV
Slide 2: Important Information
Important Information Forward Looking Statements For personal use only 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
Julimar Complex, WA Exploring in Australia’s • High-grade palladium-nickel discovery by Chalice Mining Ltd demonstrates enormous potential for the region. discovery hot-spots For personal use only • Sovereign Project – 12km long differentiated mafic-ultramafic intrusion consistent with upper portion
Slide 4: Led by an invested and highly motivated team
Led by an invested and highly Supported by an experienced motivated team… technical team and board • Industrial Chemist with extensive experience For personal use only in the uranium industry. • Experienced in the technical evaluation, construction and operation of projects in various commodities. B
Slide 5: Upside Potential: Capital Structure and Major Shareholders
Upside Potential: Exploring on untouched ground within proven mineral regions for maximum growth impact For personal use only Capital Structure Major Shareholders Shares 308M Tim Goyder (Chairman) 17.4% Options 15.3M Top 20 41% Market Cap $69M (at 22.5c2) Cash1 $16.6 Assets PhosEnergy Limited (5.3%)
Slide 6: Julimar Complex, Nickel-Copper-PGE
Julimar Complex For personal use only Nickel-Copper-PGE WESTERN AUSTRALIA PERTH Sovereign Project Developing a strategic position within a new exploration hot spot Drilling for nickel-copper-platinum group element (PGE) deposits
Slide 7: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region • Recent high-grade palladium and associated nickel-copper- For personal use only platinum group elements (Ni-Cu-PGE) discovery by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region. • Sovereign Project is l
Slide 8: Sovereign Project: 12km long mafic-ultramafic intrusion
Sovereign Project: 12km long mafic-ultramafic intrusion indicates similar geology to the Gonneville Intrusion For personal use only • Air-core drilling continues to define a large layered, differentiated mafic-ultramafic intrusion. • Geology consistent with the upper portion of the Julimar mafic-ult
Slide 9: Sovereign Nickel-Copper-PGE Project: Highly encouraging exploration results
Sovereign Nickel-Copper-PGE Project: Highly encouraging exploration results For personal use only Large Scale Air-core drilling and magnetics continues to define the Sovereign Intrusion over 12km in strike Right Rocks Range of rocks consistent with upper portions of differentiated mafic-ultramafic i
Slide 10: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Wilga Downs Project Junee Project Basin Creek Project Wilga Downs Project SYDNEY Junee Projects Large scale gold and copper-gold potential, tightly held by major miners & Basin Creek Encouraging early drilling campaigns
Slide 11: Cobar Gold-Base Metal Projects: DevEx further strengthens NSW portfolio
Cobar Gold-Base Metal Projects: DevEx further strengthens NSW portfolio New discovery opportunities within the highly prospective Cobar For personal use only mining region, western Lachlan Fold Belt. 1. Wilga Downs Gold-Base Metal Project • 80% Joint Venture with Thomson Resources Ltd (TMZ) • Confir
Slide 12: Wilga Downs Project: Significant Off-Hole Conductor
Wilga Downs Project: Significant Off-Hole Conductor adjacent to mineralisation For personal use only • Cobar type magnetic-gravity anomaly located on the prospective fault contact between Cobar Supergroup and Girilambone Group. • Priority target is similar to other gold-polymetallic Cobar deposits:
Slide 13: Central Lachlan Fold Belt Region
Central Lachlan Fold Belt Region: DevEx has built a sizeable (100% owned) 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 includ
Slide 14: Junee Project: Underexplored southern extension of the Macquarie Arc
Junee Project: Underexplored southern extension of the Macquarie Arc For personal use only Exploring for a “Cadia-Ridgeway type” porphyry Cu-Au mineralisation: • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite) contemporaneous with the
Slide 15: Junee Project: Coincident Cu-Au mineralization overlying IP chargeability anomalies
Junee Project: Coincident Cu-Au mineralization overlying IP chargeability anomalies For personal use only • Large Porphyry Cu-Au Target identified at Nangus Road Prospect. • Wide spaced (400m x 200m) drilling defines extensive Cu-Au bedrock Billabong Creek mineralization - ~2km length. IP Chargeabil
Slide 16: Junee Project: Large-scale Nangus Road target
Junee Project: Large-scale, Nangus Road target For personal use only Billabong Creek IP Chargeability See ASX : DEV Announcement 26th May 2021 • Wide-spaced reconnaissance AC drilling has intersected coincident copper-gold bedrock mineralisation associated with underlying IP Chargeability anomalies
Slide 17: Nabarlek Project, Uranium, Copper-Gold
Nabarlek Project For personal use only Uranium, Copper-Gold NORTHERN TERRITORY High-grade uranium-copper-gold opportunity in a proven uranium system DevEx well positioned to benefit from an improving uranium market
Slide 18: 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 (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources ). 1,2 • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8). • Significant potential e
Slide 19: The Nabarlek Deposit: Significant Target - Near-Mine Exploration
The Nabarlek Deposit : Significant Target - Near-Mine Exploration For personal use only • Nabarlek Uranium Mineralisation – Significant Concentration of Uranium Mineralisation. • Near-Mine Exploration: DevEx is targeting extensions to the Nabarlek Uranium Deposit. • Numerous historical uranium prosp
Slide 20: Next Steps: Exploration timeline
Next Steps: Exploration timeline 2021 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 For personal use only Sovereign Project, Julimar Complex, WA • Expanded air-core (AC) drilling program on western side of Complex Complete • Maiden drilling program on eastern side of Complex Complete • Expanded g
Slide 21: DevEx Strategy
DevEx Strategy For personal use only 1 Leveraged for Upside DevEx Projects are unconstrained by historical exploration and any discovery success will have a profound impact. Ground Selection Exploring several prospective 2 targets in three highly endowed regions – Julimar (WA), Lachlan Fold Belt (NS
Slide 22: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slides 7-9: 1. Chalice Mining Limited (ASX:CHN) ASX announcement “Twelfth High-Grade Zone Defined at Julimar” on 3rd August 2021. 2. Caspin Resources Limited (ASX:CPN) ASX announcement “Broad Sulphide Zones Intersected
Slide 23: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic
DevEx Resources — Investor Presentation (August 2021) on 6ix