Deep Yellow Ltd. is pleased to announce an updated Mineral Resource Estimate for the Tumas 3 Deposit , located in EPL3496 in the Erongo Region of Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia Ltd . On 11 September 2023, Deep Yellow announced results from the two-phase RC resource expansion and infill drilling program completed to the west of the Tumas 3 Deposit [...]
Deep Yellow Ltd. has global diversity, which is seen as a necessity by off-takers - located in two Tier-1 mining jurisdictions with significant production capability. When in production, Deep Yellow will be the largest pure-play uranium producer on the ASX - production capacity +7Mlb p.a. Led by a highly experienced uranium team with extensive knowledge across the operational lifecycle, offtake contracting and project [...]
Deep Yellow Ltd. is pleased to provide an update on the ongoing metallurgical testwork program at the Mulga Rock Project , located in the Great Victoria Desert in Western Australia, 290km by road ENE of Kalgoorlie. Overview After acquisition of the MRP through the Vimy merger in 2022, Deep Yellow identified a significant potential value uplift for the MRP. Upon this acquisition, a thorough review of the available data [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the September 2023 quarter. TUMAS PROJECT - Two-phase 235-hole, 8,017m RC resource and infill drill program completed - Drilling targeted areas west of Tumas 3, with the objective of expanding the current resource into Tumas 3 West and Tumas Central - Best intersections included o T3I1273: 6m at 721ppm eU3O8 from 22m o T3I1300: 8m at 172ppm [...]
Deep Yellow Ltd. is a differentiated, advanced uranium exploration company, in pre-development phase, implementing a dual strategy to position the Company to become globally significant as a uranium producer and grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in Namibia and Australia and the pursuit of accretive, counter-cyclical [...]
Deep Yellow Ltd. is pleased to announce results from the two-phase RC resource expansion and infill drilling program completed to the west of the Tumas 3 deposit . Tumas 3 is the largest uranium deposit along the Tumas palaeodrainage. Together with Tumas 1, 1 East, Tumas 2 and Tubas deposits, the palaeodrainage contains approximately 133Mlb U3O8 of Inferred and Indicated Resources, of which 67.3Mlb U3O8 are contained in a [...]
Deep Yellow Ltd. is pleased to announce the completion of a 656-hole, 36,647m drill program undertaken on the Mulga Rock Project , located in the Great Victoria Desert in Western Australia, 290km by road ENE of Kalgoorlie. Commenting on the completion of the drill program and next steps, Deep Yellow Managing Director and CEO John Borshoff said, "An exciting part of the Mulga Rock MRE upgrade will be gaining a better [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the June 2023 quarter. TUMAS PROJECT - Commencement of two-phase 340-hole, 9,500m reverse circulation drill program - Primary focus of the program is to expand the resource base from the current 22.5-year Life of Mine to greater than 30 years: o Phase 1 completed with 103 holes for 3,973m and targeted areas west of Tumas 3 o Phase 2 underway [...]
Deep Yellow Ltd. is pleased to provide an update on the aircore drill program on the Mulga Rock Project , located in the Great Victoria Desert in Western Australia, 290km by road ENE of Kalgoorlie. HIGHLIGHTS - The 630-hole 37,000m air core drill program at Mulga Rock 70% complete and delivering positive results - The program is focused on two areas, grade variability and resource infill drilling. Key objectives of the [...]
Deep Yellow Ltd. is pleased to announce an upgraded Mineral Resource Estimate for the Angularli deposit, which forms part of the Alligator River Project . This 27% uplift, compared to the previous MRE, was underpinned by a drilling program completed in late 2022 which successfully extended the footprint of the Angularli deposit and associated analytical programs. Overview Angularli is located approximately 380km by road [...]
Deep Yellow Ltd. refers to an article titled "Namibia considers taking stakes in Mining and Petroleum Companies" that appeared yesterday on the Bloomberg newswire service. Deep Yellow interreacts constantly with relevant Government Ministries and Departments and advises that it is not aware of any elevated discussions with industry regarding Government equity in mining projects. In Deep Yellow's experience, all matters [...]
Deep Yellow Ltd. is pleased to announce the appointment of Mr Tim Lindley as Non-Executive Director, further strengthening the Board as the Company continues its strategy to establish a globally diversified, Tier-1 uranium platform with 10+Mlb production p.a. Mr Lindley is an experienced investment banker who brings a proven track record and background in project finance, debt, equity capital markets and M&A. During his [...]
