Slide 1: Deep Yellow Limited: A Multi-Project Company and the next emerging Namibian Developer
For personal use only Deep Yellow Limited “A A Multi Multi‐Project Project Company and the next emerging Namibian Developer” Developer Australian Uranium Conference 20 July 2011 Greg Cochran – Managing Director ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements This presentation has been prepared by Deep Yellow Limited ((“Deep Deep Yellow Yellow”)). The information contained in this presentation is of a general nature only and does not constitute and offer to issue, or to arrange an issue, of secu
Slide 3: Overview & Vision
Overview & Vision For personal use only Corporate Profile Project Locations • Australia • Namibia Namibian Project Portfolio Fl hi U Flagship Uranium i P Project j t • Omahola Summary and Conclusion Commence uranium production in Namibia by 2014/5 and continue ti tto successfully f ll grow our urani
Slide 4: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 19 July 2011 Mervyn Greene – Chairman Shares on Issue 1 127 53 M 1,127.53 Greg Cochran – Managing Director Unlisted Options/Perf. Rights 25.08 M Martin Kavanagh – Executive Director Market Cap (@ 17.5c) 197 M Gilli SSwaby Gi
Slide 5: Project Locations: Australia – NT
Project Locations: Australia – NT 28,180 km2 exploration area: 7.4 Mlbs in resources For personal use only
Slide 6: Project Locations: Australia – Queensland
Project Locations: Australia – Queensland 1,688 km2 exploration area: 4.8 Mlbs in resources For personal use only
Slide 7: Project Locations: Namibia
Project Locations: Namibia For personal use only 4,195 km2 exploration area: 93.3Mlbs in resources Exploration in Namibia is conducted by DYL’s wholly‐owned subsidiary Reptile Uranium Namibia (RUN)
Slide 8: Namibia – Land of Elephants
Namibia – Land of Elephants For personal use only Marenica – Marenica Energy Limited (100ppm cut‐off) 196 Mt @ 169ppm: 73 Mlbs Trekkopje ‐ Areva (100ppm cut‐off) 335 Mt @ 149: 110 Mlbs Valenica – Forsys Metals (100ppm cut‐off) 335 Mt @ 149: 110 Mlbs Rossing – Rossing Uranium Limited (100 (100ppm cut
Slide 9: Deep Yellow's Focus on Quality
Deep Yellow’s Focus on Quality For personal use only Apply strict criteria: Grade: • ~300ppm U3O8 for palaeochannel and sheetwash calcretes 400ppm U3O8 for hard rock open pit deposits (alaskites) • ~400ppm • ~1,000ppm U3O8 for potential underground deposits Minimum 18Mlbs U3O8 per deposit with upsid
Slide 10: Project Portfolio….multiple opportunities
Project Portfolio….multiple opportunities For personal use only OJECT INCA URANIFEROUS TUBAS RED ONGOLO MAGNETITE SAND ALASKITE OLA PRO JORC resource: 13.4Mlbs JORC resource: 4.9Mlbs JORC resource: 6.2Mlbs Primary mineralisation Secondary mineralisation Primary mineralisation Open Pit Hardrock – Dri
Slide 11: Location
Omahola Project – Location For personal use only
Slide 12: Basics
Omahola Project – Basics For personal use only Three Deposits feeding common plant: • INCA – unique uranium, magnetite and pyrite mineralisation • Tubas Red Sand – surficial sands with uranium mineralisation – recently proven physical beneficiation upgrading process • Ongolo – High‐grade alaskite ho
Slide 13: Interim PFS Results
Omahola Project – Interim PFS Results For personal use only Study by SNC‐Lavalin, interim results released in January 2011: Production P d i 2.2Mlbspa 2 2Mlb U3O8 commencing i 2014 Targeting resources for minimum 12 year mine life INCA and Ongolo hard rock open‐cut mining Tubas Red Sand surface mini
Slide 14: TRS Beneficiation
Omahola Project – TRS Beneficiation For personal use only TRS Deposit Showing Palaeochannel with Known Red Sand
Slide 15: TRS Beneficiation
Omahola Project – TRS Beneficiation For personal use only Tubas Red Sand Deposit: Well‐sorted wind‐blown sand, low grade uranium Free flowing/loosely consolidated Large area flanking Tubas‐Tumas palaeochannel Bulk of uranium in ‐20 µm fraction Basic concept – physical beneficiation: • Light attritio
Slide 16: TRS Beneficiation
Omahola Project – TRS Beneficiation For personal use only Schauenburgg Pilot Plant: Schauenburg g Pilot Plant Schematic Simple, non‐chemical process Recovery >80% in <20% Volume Carbonate Reduction >80% Mass Pull between 12% ~ 20% Uranium Upgrade pg Factor 6.9 (at ( 12%)) Process Guarantee Offered P
Slide 17: TRS Beneficiation
Omahola Project – TRS Beneficiation For personal use only Trench for Bulk Sample Carnotite in Red Sand
Slide 18: TRS Beneficiation
Omahola Project – TRS Beneficiation For personal use only Schauenburg Pilot Plant in Operation
Slide 19: Exploration Upside
Omahola Project – Exploration Upside For personal use only Structural Interpretation is enabling Outstanding Targeting
Slide 20: Development Vision
Omahola Project – Development Vision For personal use only
Slide 21: Summary and Conclusion
Summary and Conclusion For personal use only JORC Resource estimate for Ongolo Alaskite delivered Discover and delineate high grade uranium deposits Successful TRS Beneficiation Trial Complete and review Omahola Project PFS Submit mining licence applications – Omahola Identify sand component of Tuba
Slide 22: Contact Details
Contact Details For personal use only Greg Cochran Managing Director Deep Yellow Limited Level 1, 329 Hay Street Subiaco Western Australia 6008 Subiaco, 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.c
Slide 23: Appendices
For personal use only Appendices
Slide 24: JORC Resource Summary – July 2011
JORC Resource Summary – July 2011 For personal use only Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) REPTILE URANIUM NAMIBIA (NAMIBIA) Omahola Project INCA Indicated 250 9.4 385 3,628 8.0 INCA Inferred 250 5.5 445 2,449 5.4 Ongolo Indicated 275 4.7 410 1,920 4.24
Slide 25: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to the Mineral Resource estimation for Tumas and Aussinanis is based on work completed by Mr Jonathon Abbott who is a full‐time employee of Hellman and Schofield Pty Ltd and a member of the Australasian Inst
Slide 26: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to the Mineral Resource for the Tubas Red Sand deposits is based on information compiled by Mr Mike Hall, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Hall is Consulting Geologi
Slide 27: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to the Mineral Resource estimation for the Mount Isa Projects is based on work compiled by Mr Neil Inwood, a Member of the Australasian Institute of Mining and Metallurgy. Mr Inwood is employed l db by Coffe
Slide 28: JORC Compliance Statements
JORC Compliance Statements For personal use only The information in this report that relates to Exploration Results for the Napperby Project is based on information compiled by Dr David Rawlings who is a Member of The Australasian Institute of Mining and Metallurgy. Dr Rawlings is a full‐time employ