Murphy West Uranium Project Overview

6 660 000mN 6 680 000mN Highway Nickel Project: Nickel sulphide exploration north of Kalgoorlie WESTERN AUSTRALIA Highway Nickel Project Menzies Kalgoorlie PERTH 5km Menzies - Goldfields Highway Rail 320 000mE 330 000mE HIGHWAY NICKEL PROJECT Lake Goongarrie N • Aircore Drilling Saints Nickel Sulphide Deposits Highway Ultramafic • . Earn-In-Agreement to explore for Kambalda-style nickel sulphide mineralisation north of the historical Scotia Nickel Sulphide Mine Located on the nickel sulphide endowed Highway ultramafic, immediately north of the Saints Nickel Deposits 11 kilometres of prospective rocks, currently masked by thin lacustrine clays DevEx plans to carry out SQUID EM technology, to explore for massive nickel sulphides that may lie beneath these thin clays EM conductors will be fast tracked to drilling DevEx has the right to earn up to a 75% interest in all non-gold mineral rights within the Highway Nickel Project by spending up to $3 million within 4 years Kambalda - Menzies Greenstone Belt Scotia Nickel Sulphide Mine (Closed) 17

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