Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (July 2025)
22 slides from Devex Resources's investor presentation, Jul 10, 2025
Slide 1: Positioned for discovery in the resurging uranium sector
WE SHOULD USE A For personal use only NEW PHOTO HEREES THIS SLIDE NEED TO BE UPDATED? Positioned for discovery in the resurging uranium sector Investor Presentation July 2025 ASX: DEV
Slide 2: Important Information
Important Information Forward Looking Statements • “Multiple large-scale uranium targets identified at Nabarlek Project, NT”, released on 1 April 2025; This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, • “Nabarlek Uranium Project
Slide 3: About DevEx Resources
For personal use only About DevEx Resources Rare ASX-listed uranium Strong uranium market Aggressive strategy to explore opportunity Increased AI and nuclear energy our portfolio + grow through the demand versus shrinking supply acquisition of advanced assets Target rich uranium projects - The domin
Slide 4: Well-funded and led by a proven team
Well-funded and led by a proven team Board and Management Capital Structure Shares 441.69M For personal use only Tim Goyder Chairman Mining executive with 40+ years of mining experience and a strong track record of successful investment and value creation for shareholders. Chairman of Liontown Optio
Slide 5: Why uranium? Our assets are aligned with a strong resurgence
Why uranium? Our assets are aligned with a strong resurgence Uranium Supply Demand (Upper Scenario)1 Uranium Price2 For personal use only $120 Feb 2024: 16-year $100 price high US$107 Supply gaps forecast to 2040 + beyond $80 $60 $40 $20 $0 2019 2020 2021 2022 2023 2024 2025 A growing supply shortfa
Slide 6: Nuclear energy is a safe, scalable power source used globally
For personal use only Nuclear energy is a safe, scalable power source used globally 32 438 ~10% Countries including the United States, Operating nuclear power reactors Of the world’s power is currently provided by France and Finland safely use nuclear around the world with 62 under nuclear - safely
Slide 7: Fuelling the Future: Uranium's role in the AI-driven data centre boom
Fuelling the Future: Uranium’s role in the AI-driven data centre boom Unprecedented demand: Driven by Energy-hungry: Rapidly accelerating need Uranium: A carbon-free solution for increasing AI and digital adoption. for stable power sources for data centres. growing energy demands For personal use on
Slide 8: Giant high-grade unconformity-type uranium deposits: Found in only two regions of the world
Giant high-grade unconformity-type uranium deposits: Found in only two regions of the world DevEx’s Exploration Strategy Replicate the success of the Athabasca Basin and leverage DevEx's position as the dominant uranium explorer in the McArthur Basin, powered by a resurging uranium price For persona
Slide 9: Nabarlek Uranium Project
For personal use only Nabarlek Uranium Project Northern Territory, 100%
Slide 10: Prime location in the heart of a world-class uranium region
NABARLEK PROJECT Prime location in the heart of a world-class uranium region Region Host to some of the world’s largest uranium deposits – the McArthur Basin For personal use only has a uranium endowment of over 730Mlbs1-3 100%-owned Nabarlek Uranium Project primely located on the NW margin of the M
Slide 11: Nabarlek and U40 Fault Corridors
NABARLEK PROJECT Nabarlek and U40 Fault Corridors Nabarlek Fault Corridor Hosts the historical Nabarlek Uranium Mine. For personal use only Drilling identified significant uranium mineralisation along the fault zone north and south of mine. New review at Nabarlek recognises Nabarlek-host rocks re-oc
Slide 12: Where could a Jabiluka-scale deposit be found within Nabarlek?
2025 FOCUS Where could a Jabiluka-scale deposit be found within Nabarlek? Multiple, undrilled large-scale uranium targets For personal use only surrounding the historical Nabarlek Uranium Mine. Targets are characterised by: • Extensive, high-order Radon Track Etch anomalies • Large alteration footpr
Slide 13: Angularli Fault Corridor
NABARLEK PROJECT Angularli Fault Corridor Strategically located south-east of Deep Yellow’s (ASX:DYL) Angularli Deposit (32.9Mlbs @ 1.09% U₃O₈). For personal use only Sandfire (shown) and Spitfire Prospects lie along the Angularli Fault Corridor. Highly prospective and underexplored area, with: • Pr
Slide 14: Murphy West Uranium Project
For personal use only Murphy West Uranium Project Northern Territory (earning-in)
Slide 15: Murphy West Project: An emerging uranium asset
MURPHY WEST PROJECT An emerging uranium asset Located west of Westmoreland Uranium For personal use only Project (Laramide Resources Limited, ASX: LAM) in nearby QLD. Three separate Earn-In Agreements to explore for uranium: • Province scale ~10,000km2. • 180km prospective strike along southern marg
Slide 16: Field work underway testing large, high-priority uranium anomalies
MURPHY WEST PROJECT Field work underway testing large, high-priority uranium anomalies New Radiometric and Magnetic Airborne For personal use only Survey identifying large unexplored targets. Radiometric Anomalies (uranium-channel) up to 2km long. Untested by previous exploration. Preliminary interp
Slide 17: Strong relationships with local communities and government
Strong relationships with local communities and government Environment Community Government For personal use only Demonstrated environmental Working with Traditional Strong relationships with key management through the Owners, fostering reconnection stakeholder groups in the ongoing rehabilitation
Slide 18: 2025 Focus Exploration of Our Assets
2025 Focus Exploration of Our Assets Field programs now underway across Nabarlek and Murphy West Projects. Nabarlek Uranium Project For personal use only • Gravity surveys planned for Big Radon & KP to define drill targets beneath radon anomalies. • $160,000 NT Government grant secured to support ma
Slide 19: Appendices
For personal use only Appendices
Slide 20: Kennedy Project: Maiden 150Mt Inferred Mineral Resource
KENNEDY PROJECT Maiden 150Mt Inferred Mineral Resource - starts from surface One of only a select few ionic clay projects defined in Australia For personal use only Significant investment by the QLD Government into infrastructure upgrades and critical minerals in the region. Recent QLD Government su
Slide 21: References
References Nabarlek Project – Slide 10 (Body and Figure): Why uranium? Our assets are aligned with a strong resurgence - Slide 5: 1. McKay, A.D. & Miezitis, Y., 2001. Australia’s uranium resources, geology and development of deposits. AGSO- 1. World Nuclear Association, Nuclear Fuel Report 2023 – 20
Slide 22: Contact Us
For personal use only Scan the QR code Contact Us Investor Relations to view or share a digital version Todd Ross, Managing Director Read Corporate of this presentation +61 416 718 110 Nicholas Read todd.ross@devexresources.com.au +61 8 9388 1474 Level 3, 1292 Hay Street nicholas@readcorporate.com.a