Devex Resources Ltd · ASX:DEV
Devex Resources — Uranium Equities — Shareholder Meeting (November 2016)
14 slides from Devex Resources's shareholder meeting presentation, Nov 30, 2016
Slide 1: 2016 Annual General Meeting Corporate Presentation
For personal use only Corporate Presentation 2016 ANNUAL GENERAL MEETING 30th November Exploring the high-grade Nabarlek uranium project, NT Pursuing a billion-dollar prize in a world-class uranium province
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement 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 reasonab
Slide 3: Alligator Rivers Uranium Field (ARUP)
Corporate Presentation Alligator Rivers Uranium Field (ARUP) A world-class, high-grade uranium province For personal use only > 500Mlb U3O8 endowment Targeting unconformity uranium = high grade deposits Extensive and highly prospective ground holding across the province comprising 4,680km2 S
Slide 4: Nabarlek Uranium Project
Corporate Presentation Nabarlek Uranium Project Historic uranium mine and numerous uranium occurrences For personal use only Targeting high-grade deposits. Uranium deposit models are based on existing mines and occurrences in the region. Favourable geological settings include: Basal unconfor
Slide 5: The Nabarlek Project - 2016 Exploration Targets
Corporate Presentation The Nabarlek Project - 2016 Exploration Targets For personal use only Focusing on the high-grade uranium– historical high-grade uranium mine and Mineral Lease (100% UEQ) and surrounding exploration ground (West Arnhem JV with Cameco, UEQ earning 100%) • New technical review
Slide 6: Nabarlek Offset Target
Corporate Presentation Nabarlek Offset Target Typical Alteration Halo - Chlorite Alteration For personal use only • Chlorite alteration >1% U3O8 high-grade signature in NAD083 shells; truncated by dolerite 2015 Drill sections supports lithogeochemistry Cahill Formation • Reflects alteration related
Slide 7: Nabarlek Offset Target: Drill testing
Corporate Presentation Nabarlek Offset Target Drill testing Nabarlek For personal use only Drilling in 2015 undertaken on two 150m spaced sections normal to interpreted strike of structure projected below Oenpelli Dolerite: No significant uranium but: o Drilling intersected intense- moderate zon
Slide 8: GC-11 Prospect 2015 drill testing
Corporate Presentation GC-11 Prospect 2015 drill testing For personal use only Target generated from application of new alteration model: Drill holes NAR 7535, 7537 intersected uranium mineralisation over +30m downhole widths in haematite-altered Oenpelli Dolerite Drill hole NAR 7534 intersect
Slide 9: 2016 Exploration Activities
Corporate Presentation 2016 Exploration Activities 2016 Exploration Program For personal use only Detailed review of all exploration data from geology, geophysics, geochemistry integrated with new alteration and pathfinder geochemical approach. Identified 3 high-priority areas for ground gravity
Slide 10: Ground gravity surveying
Corporate Presentation Ground gravity surveying 2016 Field Activities For personal use only Completed 3 detailed ground gravity surveys (100m x 100m stations) for a total of 109km2 during August-October 2016. Gravity surveying is a useful tool for identifying localised alteration zones (gravity
Slide 11: Radon-in-soil surveys - Namarrkon Prospect
Corporate Presentation Radon-in-soil surveys 2016 Field Activities- Namarrkon Prospect For personal use only Radon is radioactive daughter of 238 U decay series and has been used historically as a pathfinder in uranium exploration. Radon-in-soil surveying employed using modern detectors - nuclea
Slide 12: Radon-in-soil surveys - GC-11 Prospect
Corporate Presentation Radon-in-soil surveys 2016 Field Activities- GC-11 Prospect For personal use only Radon-in-soil surveys undertaken as a follow-up to test veracity of this geochemical technique to: i) detect blind uranium mineralisation as East Anomaly intersected in 2015 RC drilling, and ii
Slide 13: Next Steps: Looking ahead to 2017
Corporate Presentation Next Steps Looking ahead to 2017 For personal use only Await results of field sampling and scintillometer surveys over radon-in-soil anomalies at Namarrkon and GC-11 prospects. Subject to favourable results plan to drill test the Namarrkon radon-in-soil anomaly. Interpre
Slide 14: Snapshot: Highly leveraged to exploration success
Corporate Presentation Corporate Snapshot Highly leveraged to exploration success For personal use only Capital Structure Board & Management Shares 618.5M Tim Goyder Chairman Fully diluted 624.3M Bryn Jones Non Exec. Director Market Cap $3.09M (at 0.5c) Richard Hacker Non Exec. Director Cash $0.15M
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