24 Nov

Chairmans Address and AGM Presentation

www.devexresources.com.au T: +61 (0) 8 9322 3990 F: +61 (0) 8 9322 5800 E: info@devexresources.com.au DevEx Resources Limited Level 2, 1292 Hay Street, West Perth WA 6005, Australia GPO Box 2890, Perth WA 6001 24 th November 2021 Chairman’s Address and AGM Presentation Devex Resources Limited (ASX: DEV, “DevEx” or “Company”) is pleased to provide a copy of the Chairman’s Address and the Managing Director’s Presentation to be made at the Company’s Annual General Meeting today. This announcement has been authorised for release by the Board. For further information, please contact: Brendan Bradley, Managing Director DevEx Resources Limited Telephone +61 8 6186 9490 Email: info@devexresources.com.au For media inquiries, please contact: Nicholas Read Read Corporate Telephone: +61 8 9388 1474 Email: info@readcorporate.com.au www.devexresources.com.au T: +61 (0) 8 9322 3990 F: +61 (0) 8 9322 5800 E: info@devexresources.com.au DevEx Resources Limited Level 2, 1292 Hay Street, West Perth WA 6005, Australia GPO Box 2890, Perth WA 6001 24 th November 2021 Chairman’s Address – 2021 Annual General Meeting Good afternoon fellow DevEx Shareholders. It gives me great pleasure to welcome you to the Company’s 2021 Annual General Meeting. I am pleased to say that the past year has been a very good one for DevEx, with exciting results being generated at our Sovereign, Junee and Nabarlek projects. The growing level of investor interest in the Company has translated into a pleasing increase in our market capitalisation over the past 12 months – and I firmly believe we have only just started on our growth path. Within the emerging Julimar Ni-Cu-PGE Province in Western Australia, we have made strong early progress at the Sovereign Project, located 35km north of Chalice Mining’s Gonneville discovery. Following the first-ever bedrock drilling this year, we have defined an extensive sequence of mafic- ultramafic intrusive rocks with compelling similarities to those seen at Gonneville. Importantly, our second diamond hole intersected broad intervals of low-grade disseminated nickel- copper sulphide mineralisation, with assays pending. This is a great outcome for the Project and – with a strengthened and highly capable technical team now in place following some important additions during the year – we are in a great position to further accelerate our exploration efforts in this highly prospective terrain. Over east, within Australia’s porphyry copper-gold heartland of New South Wales our exploration team have generated excellent early results during the year from our Junee Project, with wide-spaced air-core drilling and geophysics defining an extensive zone of coincident copper-gold bedrock mineralisation with underlying IP anomalies over a 2km strike length. These coincident anomalies represent a large-scale porphyry copper-gold drill target which will be tested with a 16,000m exploration drilling program, planned to commence in December 2021. On the uranium front, the past year has seen a strong upsurge of interest as nuclear power has become a key focus to address current power shortages in Europe and Asia, as well as the longer-term global transition to green energy. This presents an exciting opportunity for DevEx’s shareholders given our extensive landholding at the West Arnhem-Nabarlek Project, located in the Alligator Rivers Uranium Province in the Northern Territory. DevEx initiated a project-wide review of our tenure in the Alligator Rivers Province during the year, focused on extensions to the previously mined high-grade Nabarlek mineralisation, as well as assessing the numerous historical prospects across our regional tenure. Page | 2 This review identified multiple exploration opportunities for uranium, copper and gold mineralisation, with exploration set to increase significantly over the next 12 months. Given the rapidly changing dynamics in the uranium sector, I believe that our uranium exploration strategy has the potential to deliver significant value for shareholders in the coming 12 months. To support our ongoing exploration initiatives, DevEx completed two capital raisings this year, raising a total of $16.4 million before costs. I would like to sincerely thank all the shareholders who supported these capital raisings and welcome those new shareholders to the DevEx register. The board has mandated the management team to expedite our exploration efforts on our existing projects and to prioritise drilling at the Sovereign, Junee and Nabarlek Projects. In conclusion, I would like to extend my most sincere thanks to my fellow directors, our Managing Director Brendan Bradley and the entire DevEx team for their outstanding hard work and dedication. The Company has achieved an impressive work program over the past 12 months despite the ongoing challenges of the COVID-19 pandemic. Most importantly, we have maintained an impeccable safety record throughout. I would also like to take this opportunity to thank you – our shareholders – for your support. I look forward to delivering tangible results over the next 12 months. I will leave it to Brendan to describe in more detail the technical importance of our recent exploration results, but I think it’s fair to say that there is a considerable amount of excitement building within our team as we move to the next pivotal stage of exploration across our portfolio. Thank-you. For further information, please contact: Brendan Bradley, Managing Director DevEx Resources Limited Telephone +61 8 6186 9490 Email: info@devexresources.com.au For media inquiries, please contact: Nicholas Read Read Corporate Telephone: +61 8 9388 1474 Email: info@readcorporate.com.au FORWARD LOOKING STATEMENT This announcement contains forward-looking statements which involve a number of risks and uncertainties. These forward looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. GAINING MOMENTUM IN AUSTRALIA’S DISCOVERY HOTSPOTS Annual General Meeting | Presentation 24 November 2021 ASX : DEV Important Information ? Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this Presentation, are considered reasonable. Such forward-looking statements are not a guarantee of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and the management. The Directors cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this Presentation will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. The Directors have no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this Presentation, except where required by law or the ASX listing rules. ? No offer to sell or invitation to buy This Presentation is not, and should not be considered to, constitute any offer to sell, or solicitation of an offer to buy, any securities in DevEx Resources Limited, and no part of this Presentation forms the basis of any contract or commitment whatsoever with any person. DevEx Resources Limited does not accept any liability to any person in relation to the distribution or possession of this Presentation from or in any jurisdiction. ? Disclaimer Whilst care has been exercised in preparing and presenting this Presentation, to the maximum extent permitted by law, DevEx Resources Limited and its representatives: ? make no representation, warranty or undertaking, express or implied, as to the adequacy, accuracy, completeness or reasonableness of this Presentation; ? accept no responsibility or liability as to the adequacy, accuracy, completeness or reasonableness of this Presentation; and ? accept no responsibility for any errors or omissions from this Presentation ? Competent Person Statement The information in this Presentation that relates to Exploration Results for the Sovereign Project are extracted from the ASX announcements titled “Initial diamond drilling at Sovereign intersects thick intrusive sequence with disseminated nickel-copper sulphides” released on 10 th November 2021, “Diamond drilling underway at Sovereign Ni-Cu-PGE Project in the highly prospective Julimar Region, WA” released on 7 th October 2021, “Large-scale, 12km long mafic-ultramafic intrusion at Sovereign Project, paving way for ground EM and initial diamond drilling” released on 17 th August 2021, “Drilling confirms anomalous palladium, platinum and copper associated with a mafic-ultramafic intrusion at the Sovereign Project, WA” released on 27 th April 2021 which is available on www.devexresources.com.au . The information in this Presentation that relates to Exploration Results for the Junee Project are extracted from the ASX announcements titled “New results significantly upgrade Junee Porphyry Copper-Gold Project, NSW” released on 26th July 2021, “Encouraging gold-copper assays from maiden air-core drilling into large-scale target at Junee Project, NSW“ released on 26 th May 2021, “Extensive copper-gold soil anomaly strengthens potential for large-scale porphyry copper-gold system at Junee” released on 9 th February 2021, “NSW Exploration Update – Basin Creek Gold Project and Junee Copper-Gold Project” release on 6 th November 2020, “Geophysics upgrades priority drill targets at Junee Copper-Gold Project, NSW, as new drill programme commences” released on 3 rd March 2020, and “DevEx Further Expands Potential of Junee Copper-Gold Project, NSW with Identification of Additional Porphyry Targets” released on the 5 th March 2019 and “Porphyry Copper-Gold Targets Identified at Junee Project, Lachlan Fold Belt, NSW” released on the 24 th January 2018, all of which are available on www.devexresources.com.au . The information in this Presentation that relates to Exploration Results for the Nabarlek Project are extracted from the ASX announcements titled “DevEx ramps-up exploration at Nabarlek Uranium Project, NT after identifying new high-grade targets” released on 29 th September 2021, “Large drill target defined below Nabarlek Uranium Mine, West Arnhem Project, NT” released on 9 th October 2018, “Technical review recognises strong similarities between U40 prospect and the Coronation Hill U-Au-PGE deposit” released on the 9 th May 2019, “UEQ Identifies High Grade Copper-Gold and Base Metal Potential at NT Uranium Prospects” released on the 4 th October 2017 and “Higher Uranium Grades Returned from U40 Prospect – Nabarlek” released on the 16 th December 2010, all of which are available on www.devexresources.com.au . The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant original market announcement. ? Exploration by Other Explorers This Presentation contains information sourced from the reports of Other Explorers. References to the original reports are provided as footnotes where the information is cited in this Presentation. The Company does not vouch for the accuracy of these reports. The Company has taken the decision to include this information as it is in the public domain and has assessed it to be of relevance to shareholders and investors. 2 Lachlan Fold Belt, NSW 3 Exploring in Australia’s discovery hot-spots • Strong strategic position in the emerging Julimar Complex – Chalice Mining’s large palladium-nickel- copper discovery highlights the opportunity in the region • Sovereign Project – 12km long differentiated mafic-ultramafic intrusion identified, consistent with upper portion of Julimar mafic-ultramafic intrusion • Exploration gathering momentum with initial diamond drilling at Sovereign intersecting a thick mafic- ultramafic intrusive sequence with disseminated nickel-copper sulphides (assays pending) • Expanded ground EM survey has commenced, with additional diamond drilling planned for December • Expansive exploration campaigns underway in a world-class copper-gold region , with ground tightly held by major miners: • Junee Project : Advancing exploration in proven copper-gold belt, host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd) RC / Diamond and in-fill air-core drilling scheduled for Q4 • Basin Creek Project: Large gold and copper system defined in central Lachlan Fold Belt region • North Cobar Project: Exploration ground holding north of the Cobar Cu-Au Mining Centre Alligator Rivers Uranium Province, NT Julimar Complex, WA PERTH Junee & Basin Creek Projects SYDNEY Sovereign Project North Cobar Project Nabarlek Project • Nabarlek Project – Exploring for high-grade uranium and copper-gold surrounding the historical Nabarlek Uranium Mine (24 Mlbs @ 1.84% U 3 O 8 produced) • Multiple uranium prospects surrounding the Nabarlek Uranium Mine identified within the Company’s granted tenements 1 Current cash balance – 30 th September 2021. Amounts and numbers have been rounded. 2 Closing price on 22 nd November 2021. Major Shareholders Tim Goyder (Chairman) 17.5% Top 20 41.3% Board & Management Tim Goyder Chairman Brendan Bradley Managing Director Bryn Jones Non Exec. Director Richard Hacker Non Exec. Director Kym Verheyen Company Secretary Strong Foundations with Extensive Upside: High-impact exploration in proven mineral regions 4 Capital Structure Shares 314M Options 10.9M Market Cap $213.6M (at 68c 2 ) Cash 1 $14M Assets PhosEnergy Limited (5.3%): 6.1M Shares (unlisted) https://www.phosenergy.com/ Led by an invested and highly motivated team… Brendan Bradley MANAGING DIRECTOR • Geologist for 25+ years • Extensive experience in exploration and development of epithermal gold deposits • Highly experienced in intrusive related nickel- copper-PGE deposits • Senior management at Perilya Ltd, Dominion Mining Ltd and Kingsgate Consolidated Ltd Tim Goyder • Mining executive with a strong track record of successful investment and value creation • Chairman of Chalice Mining Ltd and Liontown Resources Ltd • Non Executive Director of Minerals 260 Ltd • Director of PhosEnergy Ltd • DevEx’s largest shareholder (17.5%) CHAIRMAN Supported by an experienced technical team and board Chris Torrey CHIEF GEOLOGIST NSW • 35+ years experience • Extensive experience in epithermal gold and porphyry copper-gold exploration and development in the Lachlan Fold Belt and abroad • Former senior management with Golden Cross Resources Ltd, Silver City Minerals Ltd and Cyprus Minerals Corp 5 NON-EXECUTIVE DIRECTOR Bryn Jones NON-EXECUTIVE DIRECTOR • Chartered Accountant (ICAA) and Chartered Secretary • 20+ years corporate and commercial experience in the energy and resources sector • Executive for Chalice Mining Ltd • Industrial Chemist with extensive experience in the uranium industry • Experienced in the technical evaluation, construction and operation of projects in various commodities • Managing Director of PhosEnergy Ltd, and Non-Executive Director of Boss Energy Ltd and Australian Rare Earths Ltd Richard Hacker Julimar Complex Nickel-Copper-PGE WESTERN AUSTRALIA Developing a strategic position within a new exploration province Drilling for nickel-copper-platinum group element (PGE) deposits PERTH Sovereign Project • Recent discovery of high-grade palladium and associated nickel-copper-platinum group elements (Ni-Cu-PGE) by Chalice Mining Limited (ASX:CHN) has kicked off an exploration boom in the region • Sovereign Project located between the Chalice discovery and the Yarawindah Brook Ni-Cu-PGE Project (Caspin Resources Limited, ASX:CPN) • Large 12km-long Sovereign Mafic-Ultramafic Intrusion defined with no previous Ni-Cu-PGE exploration • The Sovereign Project includes: 1. East: (100%-DEV tenure) – no prior exploration within this newly-granted area overlying several prospective targets 2. West: Earn-In Agreement with Australian Silica Quartz Group Ltd (ASQ) to earn 50% in the mineral and metal rights (excluding bauxite) Julimar Complex: New ground in a new nickel-copper-PGE region See ASX : DEV Announcement 17 th August 2021. See Slide 22 for References. Tenement outlines held by Chalice and Caspin are combined for context. 7 • Two diamond holes drilled to garner insights into the local geometry and framework of the 12km long differentiated mafic-ultramafic intrusion • Observations of the core validates the significant potential for Julimar-style Ni-Cu-PGE mineralisation Differentiated mafic ultramafic intrusive rocks incl gabbronorite, norite, pyroxenite and serpentinite Broad intervals of low-grade disseminated Ni-Cu sulphides observed within the intrusion (Hole 2) Several narrow bands (<10cm) of matrix textured Fe-Ni-Cu sulphides (Hole 2) Disseminated copper sulphides in country rock (volcanic/sediments) adjacent to the intrusion (near the bottom of Hole 2) • Assays (including palladium and platinum) pending Sovereign Project: Disseminated Ni-Cu sulphides in recent diamond drilling Matrix textured Fe-Ni-Cu sulphides within norite rock at 431.4m down-hole in Hole 2 (left) and disseminated Ni-Cu-Fe sulphides within norite rocks at 232.3m down-hole in Hole 2 (right) . 8 Sovereign Project: Prospective 12km long mafic-ultramafic intrusion 9 See ASX : DEV Announcement 10 th November 2021. • Diamond drilling provides a significant endorsement of the Ni-Cu-PGE prospectivity over the larger 12km long Sovereign mafic-ultramafic intrusion Next Steps: • Extensive ground EM survey underway over the larger intrusion to map conductors beneath the gabbro over the coming months • Down-hole EM planned to survey both diamond holes in the coming weeks • Further diamond drilling planned to test the geometry and extent of the intrusion to the north • Ground EM conductors will be fast-tracked to drilling Sovereign Project Summary: Ticking the boxes towards a potential discovery 10 LARGE SCALE Air-core drilling and magnetics have defined the Sovereign Intrusion over a strike length of 12km RIGHT ROCKS Range of rocks consistent with the upper portion of a differentiated mafic- ultramafic intrusion WELL POSITIONED Ni-Cu-PGE mineralisation discovered within mafic-ultramafic intrusions north and south of the Sovereign Intrusion at Gonneville (ASX:CHN) and Yarabrook Hill (ASX:CPN) RIGHT AGE Metamorphism of mafic-ultramafic rocks suggestive of Archaean age to the Sovereign Intrusion And now... NICKEL-COPPER MINERALISATION CONFIRMED IN DRILLING NSW Gold, Copper-Gold Portfolio Junee Project Basin Creek Project North Cobar Large-scale gold and copper-gold potential, tightly held by major miners Encouraging early drilling campaigns SYDNEY Junee & Basin Creek Projects North Cobar Project 12 Central Lachlan Fold Belt Region: Sizeable portfolio amongst mining majors 1 • Significant re-rating of the region after a 2017 government mapping project 2 recognised the rocks as the southern extension of the Junee-Narromine Belt • No previous drilling within a globally-recognised copper-gold region for decades • DevEx has built a large, well located 100%-owned ground holding: A world-class gold, copper-gold belt Extensive tenure and exploration activity in the region by major explorers including: Newmont Goldcorp Exploration Pty Ltd | Evolution Mining Ltd | Sandfire Resources Limited 2 Major explorers within the Junee-Narromine Volcanic Belt DevEx – Fresh exploration on under-explored ground | Junee Copper - Gold Project | Basin Creek Gold Project 3 See Slide 22 for References. Host to Cadia-Ridgeway (Newcrest Mining) and Northparkes (China Molybdenum Co Ltd), as well as several large-scale gold deposits including the Cowal Gold Mine (Evolution Mining Ltd) and the McPhillamys Gold deposit (Regis Resources Limited) 13 • 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 intrusions 2 • +20km of prospective strike • 2020: DevEx’s exploration has identified several porphyry Cu-Au targets See ASX : DEV Announcement 26 th July 2021; 9 th February 2021 and 3 rd March 2020. See Slide 22 for References. Underlay image of RTP Magnetics. Junee Project : Under-explored southern extension of the Macquarie Arc 2021 Drilling: Latest exploration has significantly upgraded the potential of the Nangus Road Prospect Exploring for “Cadia-Ridgeway type” porphyry Cu-Au mineralisation: 14 Billabong Creek IP Chargeability Junee Project: Cu-Au mineralization overlying IP chargeability anomalies See ASX : DEV Announcement 26 th July 2021 and 26 th May 2021. • Large Porphyry Cu-Au Target identified at Nangus Road Prospect • Wide-spaced (400m x 200m) drilling defines extensive Cu-Au bedrock mineralization – ~2km length • Gold grades up to 3.5g/t Au • Cu-Au bedrock results are also supported by anomalous pathfinder elements consistent with a porphyry Cu-Au system • Close association of IP chargeability highs with the Cu-Au anomaly 15 Billabong Creek IP Chargeability Junee Project: Large-scale Cu-Au drill targets at Nangus Road Prospect • Wide-spaced reconnaissance AC drilling has intersected coincident copper-gold bedrock mineralisation associated with underlying IP chargeability anomalies on multiple traverses • Results significantly enhance the potential for an underlying porphyry copper-gold system • Significant RC/Diamond and air-core drilling planned for Q4 See ASX : DEV Announcement 26 th July 2021. Nabarlek Project 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 Nabarlek Uranium Project Major uranium asset in Australia’s highest-grade uranium province The Alligator Rivers Uranium Province, NT (ARUP) • + 500 Million Pounds U 3 O 8 endowment (mined and current Resources 1,2 ) • Significant gold province “ forgotten in time 3,4 ” – unexplored DevEx’s Nabarlek Project (100%) • Centred on the historical Nabarlek Uranium Mine • Production History : 24 Mlbs @ 1.84% U 3 O 8 1 • DevEx holds a dominant ground position of + 4,700km 2 including Granted Tenure: 1 Mining Lease and three exploration tenements • Recent compilation and assessment of 50 years of exploration data 17 See Slide 22 for References. Multiple new uranium exploration drill targets beneath and along trend from historical high-grade intercepts Nabarlek Project: Exploring for high-grade uranium 18 Multiple drill-ready, high-grade uranium prospects on the doorstep of Australia’s highest grade uranium mine…. Near-mine uranium exploration focus: • Multiple uranium prospects to explore Nabarlek South Prospect: • Drilling to test beneath a cluster of high- grade uranium intercepts Nabarlek Pit Prospect: • Drilling to test NE edge of the uranium pit Uranium-Copper-Gold Fault Corridors: • Zeus to U40 • KP Prospect See ASX : DEV Announcement 29 th Sept 2021. Nabarlek South Prospect: Cluster of high-grade uranium intercepts • 1 km south of the Nabarlek Uranium Mine • Uranium mineralisation associated at junction of Nabarlek Fault (host to the Nabarlek uranium deposit) and Gabo Fault • A cluster of high-grade uranium intercepts defines a north-east plunging uranium shoot • Priority Drill Target : Application to drill priority diamond drill holes awaiting approval from the NT Resources Regulator 19 Nabarlek South – 3D View of drilling looking south west See ASX : DEV Announcement 29 th Sept 2021. The Nabarlek Deposit: Where it is all about the grade !! • Nabarlek Uranium Mineralisation: Significant concentration of Uranium Mineralisation mined from the pit • Strong Structural Control: Strong control to high-grade uranium mineralisation adjacent to the North Fault • Near-Mine Exploration : DevEx is targeting extensions to the Nabarlek Uranium Deposit 20 See ASX : DEV Announcement 9 th October 2018. Uranium Mineralisation defined by drilling in northern half of the Nabarlek Pit – now mined out. 2021 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Sovereign Project, Julimar Complex, WA • Expanded ground EM • RC / Diamond drilling • Air-core drilling program (eastern side of intrusion) • Down-hole EM • Surface geochemistry (eastern side of intrusion) Junee Project, NSW • In-fill air-core drilling program at Nangus Road • RC / Diamond drilling Nangus Road Nabarlek Project, NT • Surface mapping and geochemistry • Ground geophysics (incl Induced Polarisation) • RC and Diamond drilling Next Steps : Exploration timeline 21 Proposed timeline – dates and activity are indicative and subject to external factors such as regulatory approvals, contractor availability and delays, COVID lockdowns, current farming cycle and access (including weather), and upcoming exploration results. Commenced Commenced Dry Season Additional References Julimar Complex & Sovereign Project - Slides 7-10: 1 . Chalice Mining Limited (ASX: CHN) ASX announcement “Tier-1 scale maiden Mineral Resource for Gonneville – 10Moz Pd+Pt+Au (3E), 530kt Ni, 330kt Cu and 53kt Co” on 9th November 2021”. 2. Caspin Resources Limited (ASX: CPN) ASX announcement “Primary Sulphide PGE Mineralisation Confirmed at Yarabrook Hill” on 5th July 2021. 3. Harrison P. H., 1984. The mineral potential of layered igneous complexes within the Western Gneiss Terrain. In: Professional papers for 1984 of the Geol Surv of W. A. 19. Gov Printing Office, Perth, pp 37–54. 4. Chalice Gold Mines Limited (ASX:CHN) ASX announcement “Major new 6.5km-long EM anomaly identified at Julimar” on 22nd September 2020. Central Lachlan Fold Belt Region & Junee Project – Slides 12-15: 1. Alkane Resources Ltd (ASX:ALK) ASX Announcement “Discovery of Significant Porphyry Gold-Copper Mineralisation at Boda Prospect within Northern Molong Porphyry Project (NSW)” on 9th September 2019. 2. 2019GSNSW East Riverina Mapping Project - Some Highlights and Implications, Eastlake and Trigg. Nabarlek Project – Slides 17-20: 1. Production History: McKay, A.D & Miezitis, Y. 2001. Australia’s uranium resources, geology and development of deposits. AGSO – Geoscience Australia, Mineral Resource Report 1. ERA Annual Production Reports 2001 to 2018. 2. Mineral Resource: Vimy Resources (ASX:VMY) Mineral Resource Statement 20 March 2019. Energy Resources of Australia Ltd (ASX:ERA) Annual Statement of Reserves and Resources January 2018. 3. Hancock M C, Maas R, Wilde A R 1990 - Jabiluka Uranium-Gold deposits: in Hughes F E (Ed.), 1990 Geology of the Mineral Deposits of Australia & Papua New Guinea The AusIMM, Melbourne Mono 14, v1 pp 785-793. 4. Carville D P, Leckie J F, Moorhead C F, Rayner J G, Durbin A A 1990 - Coronation Hill Gold-Platinum- Palladium deposit: in Hughes F E (Ed.), 1990 Geology of the Mineral Deposits of Australia & Papua New Guinea The AusIMM, Melbourne Mono 14, v1 pp 759-762. 22 Contact Details Level 3, 1292 Hay Street West Perth WA 6005, Australia +61 8 6186 9490 +61 8 6186 9495 info@devexresources.com.au www.devexresources.com.au https://twitter.com/DevExResources https://www.linkedin.com/company/devex-resources/ Investor Relations Read Corporate Nicholas Read +61 8 9388 1474 nicholas@readcorporate.com.au

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