Devex Resources Ltd · ASX:DEV
Devex Resources — Uranium Equities — Australia China Minerals Investment Summit 2013
19 slides from Devex Resources's conference presentation, May 2013
Slide 1: Australia China Minerals Investment Summit Darwin May 2013
Australia China Minerals Investment Summit May 2013 ASX: UEQ Australia China Minerals Investment Summit Darwin May 2013
Slide 2: Disclaimer and Competent Person's Statement
Australia China Minerals Disclaimer and Competent Person’s Statement Investment Summit May 2013 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 st
Slide 3: Overview
Australia China Minerals Overview Investment Summit May 2013 Diversified asset base with growth on three fronts… • Potential for significant revenue stream from PhosEnergy uranium extraction process – moving to commercialisation • JV with global uranium leader Cameco on PhosEnergy – funding process
Slide 4: The PhosEnergy Process
Australia China Minerals The PhosEnergy Process Investment Summit May 2013 • Potential to revolutionise uranium recovery from the phosphate fertiliser industry • Worldwide >140Mt* phosphate processed annually ~20Mlb of contained U3O8 Proven, reliable uranium source Not currently recovered • Mu
Slide 5: The PhosEnergy Process
Australia China Minerals The PhosEnergy Process Investment Summit May 2013 The potential to transform an industry… • “Bolt-on process” to recover U3O8 as a by-product at existing phosphate production facilities • JV with Cameco – UEQ 27% and manager • Demonstration Plant successfully operated in the
Slide 6: Commercialisation Funding in Place
Australia China Minerals Commercialisation Funding in Place Investment Summit May 2013 Technology developed and funding secured • Partnered with Cameco – one of the world’s largest uranium producers • Cameco has invested US$21M to date including • US$4.5M purchase of residual vendor’s share • final
Slide 7: Exploration in Australia's Premier Uranium Districts
Australia China Minerals Exploration in Australia’s Premier Uranium Districts Investment Summit May 2013 Nabarlek Mine Lease 1988 7
Slide 8: Nabarlek Project
Australia China Minerals Nabarlek Project Investment Summit May 2013 The place to discover world-class uranium deposits • Alligator Rivers Uranium Field: a world-class uranium province • Nabarlek Mine: Closed in 1988, mined 24.8Mlb U3O8 @ 1.84% with surface projection of 200m x 50m • Nabarlek Projec
Slide 9: Nabarlek Project
Australia China Minerals Nabarlek Project Investment Summit May 2013 High grade results from Alligator Rivers Field • Exploration diamond drilling from the U40 Prospect returned: NAD7492* 6.8m @ 6.71% U3O8 from 75m 7.3m @ 1.68% Cu from 74.5m 4.5m @ 0.91ppm Au from 76.5m NAD7504 1.85m @ 0.35% U3O8 fr
Slide 10: Nabarlek – Planned Activity
Australia China Minerals Nabarlek – Planned Activity Investment Summit May 2013 2013 drilling program • Follow-up on recent drilling which returned +6% uranium at the U40 Prospect • Advanced targets adjacent to the Nabarlek Mineral Lease including; • Resource drilling N147 Prospect • ‘Nabarlek Deeps
Slide 11: Oodnadatta & Marla Projects
Australia China Minerals Oodnadatta & Marla Projects Investment Summit May 2013 • ~7,750km2 of ELs on the northern margin of the Gawler Craton (UEQ 100%) • Prospective for IOCG+U deposits with co-incident magnetic and gravity highs identified on both projects • $90,000 PACE 2020 co-funding grant for
Slide 12: Marla Project
Australia China Minerals Marla Project Investment Summit May 2013 • Co-incident magnetic and gravity highs identified – possible IOCGU targets Nabarlek Mine Lease 1988 • Associated with regional basement structures interpreted along the northern margins of the Gawler Craton • Recently completed grou
Slide 13: Marla Project
Australia China Minerals Marla Project Investment Summit May 2013 • Diamond drilling program planned for June 2013 (partly PACE funded) Nabarlek Mine Lease 1988 • Interpretation and geophysical modelling completed • SA Government and Heritage Approvals in place
Slide 14: Oodnadatta Project
Australia China Minerals Oodnadatta Project Investment Summit May 2013 Nabarlek Mine Lease 1988 • Co-incident magnetic and gravity highs identified – possible IOCG+U targets • Major basement structures interpreted along the margins of the Gawler Craton
Slide 15: Shareholding in EMX
Australia China Minerals Shareholding in EMX Investment Summit May 2013 Strong initial resource – significant growth potential • UEQ holds 21.15% of Energia Minerals (ASX:EMX) • Exploring the Carley Bore Uranium Deposit: Current inferred resource of 16.7Mlb @ 330ppm U3O8 Recent drilling confirms
Slide 16: Shareholding in EMX
Australia China Minerals Shareholding in EMX Investment Summit May 2013 Strong initial resource – significant growth potential • Provides exposure to the developing Carnarvon Basin in-situ recovery (ISR) uranium district on the western margin of the Yilgarn Craton (WA) 16
Slide 17: Rudall River JV
Australia China Minerals Rudall River JV Investment Summit May 2013 Brownfields exploration adjacent to Kintyre Deposit Rudall River JV Project: • UEQ free carried 15% interest (to Decision to Mine) • Cameco earning to 85% Exploration: • Tenements now granted • Adjacent to the Kintyre Uranium Deposi
Slide 18: 2013: Multiple Growth Opportunities
Australia China Minerals 2013: Multiple Growth Opportunities Investment Summit May 2013 High impact exploration and PhosEnergy commercialisation PhosEnergy: Seek commercial agreement with phosphate producer Seek additional operating phosphate facilities to utilise Demonstration Plant asset and p
Slide 19: Corporate Snapshot
Australia China Minerals Corporate Snapshot Investment Summit May 2013 Highly leveraged to exploration & development success Capital Structure Board Shares 265M Tony Kiernan Chairman Fully diluted 271M Bryn Jones Managing Director Market Cap $6.6M (at 2.5c) Tim Goyder Non Exec Director Cash $0.45M (
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