Deep Yellow Limited · ASX:DYL
Deep Yellow — Bell Potter Presentation, Adelaide (January 2012)
32 slides from Deep Yellow's conference presentation, Jan 30, 2012
Slide 1: Deep Yellow Limited – Bell Potter Presentation
Deep Yellow For personal use only Limited Bell Potter Presentation Adelaide 30 January 2012 Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer – Forward Looking Statements
Disclaimer Forward Looking Statements For personal use only This presentation has been prepared by Deep Yellow Limited (“Deep 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 securities or fina
Slide 3: Overview & Vision
Overview & Vision For personal use only Market Overview Corporate Profile Namibian Project Portfolio Key Projects • Omahola • TRS Standalone Option • Shiyela Iron Summary and Conclusion Commence uranium production in Namibia in 2015 and continue to successfully grow our uranium resource base
Slide 4: Nuclear & Uranium Market
Nuclear & Uranium Market Demand is not the problem…. For personal use only Under Development Mlbs Four Mile 2013 3.0 Honeymoon 2012 0.9 Olympic Dam Expansion 2013 1.1 Cigar Lake 2013 18.0 Trekkopje 2015 7.8 Imouraren 2013 13.0 43.8 Planned Ranger 3 Deeps 2015 5.0 Husab 2015 14.8 19.8 Prospective Lak
Slide 5: Corporate Profile
Corporate Profile For personal use only The Board Capital Structure – as at 25 Jan 2012 Mervyn Greene – Chairman Shares on Issue 1,128.51 M Greg Cochran – Managing Director Unlisted Options/Perf. Rights 12.68 M Martin Kavanagh – Executive Director Market Cap (@ 14c) 158 M Gillian Swaby – N.E.D Net C
Slide 6: Namibian Tenements – Reptile Uranium
Namibian Tenements – Reptile Uranium* For personal use only 4,195 km2 exploration area: 110.7Mlbs in resources *Note: Exploration in Namibia is conducted by DYL’s wholly-owned subsidiary Reptile Uranium Namibia (RUN)
Slide 7: Three Namibian Core Projects
Three Namibian Core Projects OMAHOLA PROJECT For personal use only ONGOLO & MS7 INCA URANIFEROUS ALASKITE MAGNETITE JORC resource: 23.6Mlbs JORC resource: 13.4Mlbs Primary mineralisation Primary mineralisation Open Pit Hardrock – Drill & blast Open Pit Hardrock – Drill & blast Acid plant treatment A
Slide 8: Omahola Project - Location
Omahola Project - Location For personal use only Ongolo & MS7 Alaskite (250 ppm cut-off) 25.8 Mt @ 416ppm: 23.6 Mlbs INCA (250ppm cut-off) 12.4 Mt @ 492ppm: 13.4 Mlbs Hard Rock JORC Resource: 38.2Mt at 441ppm for 37Mlbs U3O8
Slide 9: Omahola Project - Overview
Omahola Project - Overview Three Deposits feeding common plant: For personal use only • Ongolo – High-grade alaskite hosted uranium mineralisation • MS7– Ongolo Satellite, high-grade alaskite hosted uranium mineralisation • INCA – Unique high grade uranium, magnetite and pyrite mineralisation Hard r
Slide 10: Omahola Project – Exploration Success
Omahola Project – Exploration Success… For personal use only …is growing our resource base rapidly…
Slide 11: TRS Deposit – Technical Innovation
TRS Deposit – Technical Innovation Action For personal use only TRS M ,I & I JORC Resource 14 Mt@160ppm for 5.0 Mlbs U3O8 TRS Deposit Showing Tubas Palaeochannel with known red sand
Slide 12: TRS Deposit – Technical Innovation
TRS Deposit – Technical Innovation For personal use only Tubas Red Sand Deposit Characteristics: Well-sorted wind-blown sand, low grade uranium Free flowing/loosely consolidated Large area south of the Tubas palaeochannel Bulk of uranium in -20µm fraction Objective: Concentrate maximum uranium in mi
Slide 13: TRS Deposit – Technical Innovation
TRS Deposit – Technical Innovation For personal use only Pilot Plant Trench for Bulk Sample
Slide 14: TRS Deposit – Technical Innovation
TRS Deposit – Technical Innovation For personal use only Successful Schauenburg Pilot Plant Test: Pilot Plant Schematic Simple, non-chemical process Recovery >80% in <20% volume Carbonate reduction >80% Mass pull between 10% ~ 20% Uranium upgrade factor 7.9 (at 10%) Process guarantee offered Resourc
Slide 15: TRS Project – Timeline
TRS Project – Timeline For personal use only Aggressive timetable to production….
Slide 16: Shiyela Iron Project - Location
Shiyela Iron Project - Location For personal use only Clear Infrastructure advantage – power and 45 kilometres by road from Walvis Bayport
Slide 17: Shiyela Iron Project - Overview
Shiyela Iron Project - Overview For personal use only Infrastructure Low strip ratio Likely Low Capex Fast Track development Exploration upside Outstanding coarse product • 150 μ Blast Furnace Grade Shiyela Quality Specification (at 45 micron) Deposit Fe % SiO2 % Al2O3 % P% S% LOI % M62 70.22 0.74 0
Slide 18: Shiyela Iron Project – Results
Shiyela Iron Project – Results Golder Associates (Perth) JORC resource For personal use only • 78.7Mt at 18.8% Fe at a 16.6% DTR ProMet (Perth) completed Scoping Study • Capex: U$467 M • Capex includes U$50 M for Hematite Circuit • Opex: U$77.40/ton • Includes U$110 M for power & water Discussions o
Slide 19: Shiyela Iron Project – PFD
Shiyela Iron Project – PFD For personal use only
Slide 20: Shiyela Iron Project – Timeline
Shiyela Iron Project – Timeline For personal use only On a Fast Track….
Slide 21: 2011 Summary
2011 Summary For personal use only Ongolo & MS7 JORC Resource delivered Successful TRS Beneficiation Trial INCA & TRS EIA’s completed & submitted Shiyela EIA completed & submitted TRS Deposit upgrade underway for standalone project Mining Licence applications for TRS/INCA submitted Shiyela Mining Li
Slide 22: 2012 Objectives
2012 Objectives Omahola Project: For personal use only • Continue to expand Ongolo & MS7 Resource base • Achieve Resource Critical Mass for Project (>50 Mlbs) • Finalise Pre-Feasibility Study TRS Project • Resource Upgrade • Standalone Option Pre-Feasibility Study Shiyela • Large diameter drilling f
Slide 23: 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 24: Appendices
For personal use only Appendices
Slide 25: Namibia – Introduction
Namibia – Introduction Marenica – Marenica Energy Limited For personal use only (100ppm cut-off) 196 Mt @ 169ppm: 73 Mlbs Trekkopje – Areva (100ppm cut-off) 335 Mt @ 149ppm: 110 Mlbs Valenica – Forsys Metals (67ppm cut-off) 176 Mt @ 156ppm: 61 Mlbs Rossing – Rossing Uranium Limited (100ppm cut-off)
Slide 26: Size is not the only criteria!
Size is not the only criteria! Deep Yellow’s Quality Criteria: For personal use only Grade: • ~300ppm U3O8 for palaeochannel and sheetwash calcretes • ~400ppm U3O8 for hard rock open pit deposits (alaskites) • ~1,000ppm U3O8 for potential underground deposits Minimum 18Mlbs U3O8 per deposit with ups
Slide 27: Australia - Queensland
Australia - Queensland Almost 1,700 km2 exploration area: 4.8 Mlbs in resources For personal use only Exploration Success with increased high grade JORC….
Slide 28: Australia – Northern Territory
Australia – Northern Territory Over 23,000 km2 exploration area: 7.4 Mlbs in resources For personal use only Existing Resource Base with Historical Upside….
Slide 29: JORC Resource Summary – Namibia (01/12)
JORC Resource Summary – Namibia (01/12) Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category For personal use only (ppm U3O8) (M) (ppm) (t) (Mlb) REPTILE URANIUM NAMIBIA (NAMIBIA) Omahola Project INCA Indicated 250 7 470 3,300 7.2 INCA Inferred 250 5.4 520 2,800 6.2 Ongolo # Indicated 250 14.7 410 6
Slide 30: JORC Resource Summary – Aus (01/12)
JORC Resource Summary – Aus (01/12) For personal use only Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) AUSTRALIA NAPPERBY PROJECT (NT, AUSTRALIA) Napperby Inferred 200 9.3 359 3,351 7.4 NAPPERBY TOTAL 9.3 359 3,351 7.4 MOUNT ISA PROJECT (QLD, AUSTRALIA) Mount Isa Ind
Slide 31: JORC Compliance Statements
JORC Compliance Statements Namibia For personal use only 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, Managin
Slide 32: JORC Compliance Statements
JORC Compliance Statements For personal use only COMPETENT PERSON STATEMENTS Queensland The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Martin Kavanagh, a Fellow of The Australasian Institute of Mining and M
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