Devex Resources Ltd · ASX:DEV
Devex Resources — Investor Presentation (June 2021)
24 slides from Devex Resources's investor presentation, Jun 17, 2021
Slide 1: Exploring in Australia's Discovery Hotspots
EXPLORING IN AUSTRALIA’S For personal use only DISCOVERY HOTSPOTS Investor Presentation 17 June 2021 ASX : DEV
Slide 2: Important Information
Important Information Forward Looking Statements For personal use only 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: Exploring in Australia's discovery hot-spots
Julimar Complex, WA (Earn-In and 100% Tenements) Exploring in Australia’s • High-grade palladium-nickel discovery by Chalice Mining Ltd demonstrates enormous potential for the region. discovery hot-spots For personal use only • Exploration underway at Sovereign Project - underlying mafic-ultramafic
Slide 4: Led by an invested and highly motivated team
Led by an invested and highly Supported by an experienced motivated team… technical team and board • Industrial Chemist with extensive experience For personal use only in the uranium industry. • Experienced in the technical evaluation, construction and operation of projects in various commodities. B
Slide 5: Upside Potential: Capital Structure and Major Shareholders
Upside Potential: Exploring on untouched ground within proven mineral regions for maximum growth impact For personal use only Capital Structure Major Shareholders Shares 308M Tim Goyder (Chairman) 17.4% Options 15.5M Top 20 44% Market Cap $143M (at 46.5c3) Cash1 $10.35M ($17.6M2) Assets PhosEnergy L
Slide 6: Julimar Complex Nickel-Copper-PGE
Julimar Complex For personal use only Nickel-Copper-PGE WESTERN AUSTRALIA PERTH Sovereign Project Developing a strategic position within a new exploration hot spot Drilling for nickel-copper-platinum group element (PGE) deposits
Slide 7: Julimar Complex: New ground in a new nickel-copper-PGE region
Julimar Complex: New ground in a new nickel-copper-PGE region • Recent high-grade palladium and associated nickel-copper- For personal use only platinum group elements (Ni-Cu-PGE) discovery by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region. • Sovereign Project is l
Slide 8: Sovereign Project: Highly encouraging maiden results
Sovereign Nickel-Copper-PGE Project: Highly encouraging maiden results For personal use only • Highly encouraging results from maiden broad-spaced AC drilling have confirmed: o The presence of a broad differentiated mafic-ultramafic intrusion, similar to the host geology at the Julimar Project disco
Slide 9: Sovereign Project: Expanded drilling program underway
Sovereign Nickel-Copper-PGE Project: Expanded drilling program underway For personal use only • Follow-up AC drilling is underway (200 holes for 5000m). • The Mackenzie Target is a priority focus - the highly prospective southern portion of this anomalous intrusion, which remains open. • First-pass
Slide 10: NSW Gold, Copper-Gold Portfolio
NSW Gold, Copper-Gold Portfolio For personal use only Wilga Downs Project Junee Project Basin Creek Project Wilga Downs Project SYDNEY Junee Projects Large scale gold and copper-gold potential, tightly held by major miners & Basin Creek Encouraging early drilling campaigns
Slide 11: Cobar Gold-Base Metal Projects
Cobar Gold-Base Metal Projects: DevEx further strengthens NSW portfolio New discovery opportunities within the highly prospective Cobar For personal use only mining region, western Lachlan Fold Belt. 1. Wilga Downs Gold-Base Metal Project • Earn-In Agreement with Thomson Resources Ltd (TMZ), to earn
Slide 12: Wilga Downs: Significant Off-Hole Conductor adjacent to mineralisation
Wilga Downs Project: Significant Off-Hole Conductor adjacent to mineralisation For personal use only • Cobar type magnetic-gravity anomaly located on the prospective fault contact between Cobar Supergroup and Girilambone Group. • Priority target is similar to other gold-polymetallic Cobar deposits:
Slide 13: Wilga Downs: Further exploration underway to test near miss
Wilga Downs Project: Further exploration underway to test ‘near miss’ For personal use only Semi massive pyrrhotite with chalcopyrite from 551.6m (Hole 20WD001). Gold mineralization is also associated with the copper. Diamond drilling planned to target the significant off-hole conductor (Conductor A
Slide 14: Central Lachlan Fold Belt Region
Central Lachlan Fold Belt Region: DevEx has built a sizeable portfolio amongst mining majors For personal use only 1 A world-class gold, copper-gold Belt Host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd) as well as several largescale gold deposits including Cowal Gol
Slide 15: Junee Project: Underexplored southern extension of the Macquarie Arc
Junee Project: Underexplored southern extension of the Macquarie Arc For personal use only • 2017: Re-rating with Government mapping identifying porphyry monzonite intrusion (Cu-Au bearing Cooba Monzonite) contemporaneous with the Cu-Au bearing Northparkes and Cadia Ridgeway porphyry intrusions2. •
Slide 16: Junee Project: Encouraging gold-copper assays from Nangus Road
Junee Project: Encouraging gold-copper assays from large-scale, Nangus Road target For personal use only Billabong Creek IP Chargeability See ASX : DEV Announcement 26th May 2021 • Wide-spaced reconnaissance AC drilling has intersected broadly anomalous and coincident copper-gold bedrock mineralisat
Slide 17: Junee Project: Nangus Road porphyry copper-gold target
Junee Project: Nangus Road - an excellent porphyry copper-gold exploration target For personal use only • Nangus Road: exploring for a “Cadia-Ridgeway type” porphyry Cu-Au mineralisation. • The anomalous bedrock Cu-Au mineralisation extends over a strike length of 1km and remains Billabong Creek ope
Slide 18: Nabarlek Project Uranium, Copper-Gold
Nabarlek Project For personal use only Uranium, Copper-Gold NORTHERN TERRITORY High-grade uranium-copper-gold opportunity in a proven uranium system DevEx well positioned to benefit from an improving uranium market
Slide 19: Major uranium asset in Australia's highest grade uranium province
Major uranium asset in Australia’s highest grade uranium province For personal use only The Alligator Rivers Uranium Province (ARUP) • +500 Million Pounds U O endowment (mined and current 3 8 Resources ). 1,2 • Comparable to the Athabasca Basin, Saskatchewan (+1.2Blb U3O8). • Significant potential e
Slide 20: The Nabarlek Deposit: Near-Mine Exploration
The Nabarlek Deposit : Significant Target - Near-Mine Exploration For personal use only • Nabarlek Uranium Mineralisation – Significant Concentration of Uranium Mineralisation • Near-Mine Exploration: DevEx is targeting extensions to the Nabarlek Uranium Deposit • Numerous historical uranium prospec
Slide 21: Next Steps: Planned timeline to drill
Next Steps: Planned timeline to drill 2021 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 For personal use only Sovereign Project, Julimar Complex, WA • Expanded air-core (AC) drilling program on western side of Complex In Progress • Maiden drilling program on eastern side of Complex In Progress •
Slide 22: DevEx Strategy
DevEx Strategy For personal use only 1 Leveraged for Upside DevEx Projects are unconstrained by historical exploration and any discovery success will have a profound impact. Ground Selection Exploring several prospective 2 targets in three highly endowed regions – Julimar (WA), Lachlan Fold Belt (NS
Slide 23: Additional References
Additional References For personal use only Julimar Complex & Sovereign Project - Slides 7-9: 1. Chalice Gold Mines Limited (ASX:CHN) ASX announcement “High-Grade Ni-Cu-Pd Sulphide Intersected at Julimar” on 23rd March 2020 and “High-grade Ni-Cu-PGEs confirmed in discovery zone at Julimar” on 25th M
Slide 24: Contact Details
For personal use only Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 [email protected] www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nic