Murphy West Uranium Project Overview

Murphy West Uranium Project, NT : Emerging Uranium Project Province-Scale Uranium Exploration • Large ground holding (5,000 km²) located west of the Queensland Westmoreland uranium deposits Same geological host rocks on the NT side, including the prospective Westmoreland Conglomerate Minimal uranium exploration including irregular and patchy airborne radiometric surveys Priority exploration planned in the coming 12 months including: • • Extensive airborne radiometric surveys to identify near surface uranium mineralisation Follow-up field surveys targeting uranium anomalies identified in the survey DevEx has the right to earn 75% in the uranium mineral rights by spending $3.5 million within 5 years Complements DevEx's uranium growth strategy JV Tenure 700 000mE Mineral Resource Estimate ° Uranium Prospect Murphy West Uranium Project Prospective Uranium Corridor 800 000mE Nabarlek Uranium O Project Murphy West Uranium Project NT QLD Westmoreland 51.9 Mlbs @0.09% U₂O,¹ 1 Seigal Volcanics CO Westmoreland Conglomerate 50km Northern Territory GDA94 Zone 53 Basement Queensland 13 8 050 000mN 8 100 000mN

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