Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (September 2019)
20 slides from Devex Resources's investor presentation, Sep 16, 2019
Slide 1: Investor Presentation September 2019
For personal use only Investor Presentation SEPTEMBER 2019 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: The Company
The Company Hunting for major porphyry copper-gold deposits in NSW For personal use only • Fresh projects in the premier Lachlan Fold Belt • Significant copper intercepts drilled decades ago, but never followed up • Shallow, drill-ready targets identified • Large-scale discovery potential in a distr
Slide 4: Project overview: Bogong, Junee and West Arnhem Nabarlek
West Arnhem Bogong Project Nabarlek Project COPPER-GOLD • Fresh opportunity – no exploration for +45 years For personal use only • Potential for substantial copper-gold discovery enhanced by recent fieldwork and supported by historical drilling • Porphyry-hosted copper-gold targets identified with c
Slide 5: Bogong and Junee Copper-Gold Projects
For personal use only Bogong and Junee Copper-Gold Projects NEW SOUTH WALES Large scale porphyry copper-gold potential, tightly held by major miners Significant ground position, rapidly advancing drill targets
Slide 6: A New Copper-Gold Exploration Strategy in New South Wales
A New Copper-Gold Exploration Strategy in New South Wales For personal use only A Fresh Opportunity No drilling within a globally-recognised copper-gold region for decades • Bogong and Junee Projects strategically located in the Lachlan Fold Belt – a major geological province hosting several of Aust
Slide 7: Bogong Project: On-ground field work commenced
Bogong Project: On-ground field work commenced 1974 – HISTORICAL: For personal use only • Significant near-surface, broad copper intercepts in historical Holes ended in drilling*, including: mineralisation • 54.9m @ 1.06% Cu from 6.1m; and • 9.2m @ 2.02% Cu from 39.6m • Copper sulphide mineralisatio
Slide 8: Bogong Project: Broad system of copper-gold mineralisation identified
Bogong Project: Broad system of copper-gold mineralisation identified For personal use only Examples of Chalcopyrite Examples of Bornite • New rock-chip assays of up to 10% Cu and 0.47g/t Au, associated with a porphyry containing copper-sulphide (chalcopyrite and bornite) • Combined exploration data
Slide 9: Junee Project: In the hunt for a Cadia-Ridgeway style copper-gold discovery
Junee Project: In the hunt for a Cadia-Ridgeway style copper-gold discovery For personal use only • Junee Project remains underexplored, with no exploration drilling for +20 years • 60km NW of Bogong Project, forming part of DevEx’s EL8622 larger exploration strategy in the Lachlan Fold Belt • Proje
Slide 10: Nangus Road and Riversdale East and West Prospects
1 Nangus Road Prospects 2 Riversdale East and West Prospects For personal use only • Shallow surface sediments masking outcrop • Copper in porphyry outcrop: two rock chip samples assayed 1.2% and 2.0% copper (malachite) • Broad magnetic anomaly of similar size and amplitude to the magnetic anomaly w
Slide 11: Billabong Creek and Riversdale North Prospects
3 Billabong Creek and Riversdale North Prospects 5m @ 0.28g/t Au, 1,125ppm Zn 2019 mapping and rock chip sampling identifies For personal use only new copper and gold mineralisation • Riversdale North: • Assays and mapping identified oxidised chalcopyrite associated with epidote veins and alteration
Slide 12: Forward Plan
Bogong Copper-Gold Project • Significant copper-gold system of >500m strike identified in maiden 2019+ 2019 exploration program Forward Plan... • Following this strong start, planning is underway for ground IP For personal use only geophysics in September 2019 • Drilling then planned to test IP targ
Slide 13: Experienced exploration and development team
Experienced exploration and development team – invested and motivated For personal use only Tim Goyder Brendan Bradley Richard Hacker Bryn Jones CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Perth-based mining investor A Geologist with 20+ years of A Chartered Accountant E
Slide 14: Corporate Overview
Corporate Overview For personal use only Capital Structure Major Shareholders Shares ~133M Tim Goyder (Chairman) 25% Fully diluted ~139M Calm Holdings 6% Options ~6.8M Top 20 55.6% Market Cap ~$10M (at 7.5c) Cash* ~$1.16M Assets PhosEnergy Limited (8.8%) -3.45M shares Board & Management Tim Goyder C
Slide 15: Appendix: Uranium, Copper-Gold Projects
For personal use only Appendix Uranium, Copper-Gold Projects
Slide 16: West Arnhem Nabarlek Uranium, Copper-Gold Project
West Arnhem Nabarlek For personal use only Uranium, Copper-Gold Project NORTHERN TERRITORY High-grade uranium-copper-gold opportunity in a proven Uranium system One of a few ASX companies drilling for high-grade uranium
Slide 17: Exploring in Australia's high grade uranium province
Exploring in Australia’s high grade uranium province For personal use only The Alligator Rivers Uranium Province (ARUP) • +500 Million Pounds U O endowment (mined and current Resources) 3 8 • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8) • Significant potential exists for Gold-PGE C
Slide 18: Nabarlek Prospect: 2019 drilling confirms uranium mineralisation
1 For personal use only Nabarlek Prospect: 2019 drilling confirms uranium mineralisation • New drilling confirms uranium mineralisation beneath Nabarlek Open Pit - Australia’s highest grade uranium mine: 24 Mlbs @ 1.84% U3O8 • Anomalous uranium-gold mineralisation identified below the Oenpelli Doler
Slide 19: Nabarlek Prospect: A new opportunity for high-grade Nabarlek-style discovery
1 For personal use only Nabarlek Prospect: A new opportunity for high-grade Nabarlek-style discovery • New targets identified for follow-up drilling at intersection of breccia and graphitic sediments • Uranium mineralisation lies in close proximity to graphitic sediment • Graphitic sediment provides
Slide 20: 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
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