Deep Yellow Ltd.

Deep Yellow Ltd. is pleased to announce it has been added to the MSCI Global Market Cap Index. As part of the MSCI semi-annual rebalance, Deep Yellow will be added to the Australia Micro-Cap Index effective 27 May 2021. MSCI is a leading global provider of indexes, data, analytical models, regulatory reporting and ESG research. MSCI is focused on providing their clients with deep insights into drivers of risk and [...]

Deep Yellow Ltd. is pleased to announce the appointment of highly experienced executive Mr Chris Salisbury to the Board, replacing Mr Rudolf Brunovs. Mr Brunovs will remain on the Board as a Non-Executive Director and will retain Chair of the Audit Committee. The Company would like to thank Mr Brunovs for his time as Chairman. Mr Salisbury is a metallurgical engineer who brings more than 30 years of mining, strategy and [...]

Deep Yellow Ltd. is pleased to announce the appointment of Andrew Mirco as the Company's Head of Business Development. Mr Mirco is an experienced corporate finance and business development executive, with a successful and proven background in financing, M&A, and risk management. Through his time at Paladin Energy Ltd. he worked closely with the current Deep Yellow management and technical team, and will bring the [...]

Deep Yellow Ltd. is pleased to announce completion of the first phase of the Tumas RC infill drilling program at the Tumas 3 East deposit, located on EPL3496 . The Project is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia Ltd . The Tumas 3 uranium mineralisation is of the calcrete-type, located within an extensive, mainly east-west trending, palaeochannel system. Uranium mineralisation [...]

Deep Yellow Ltd. advises the successful completion of the Tumas PFS, which confirmed or improved on Scoping Study assumptions based on a uranium price of US$65/lb. Key results: o 11.5 years Life of Mine o post-tax, ungeared NPV8.6 of US$207M o 2.5Mlb U3O8 pa average LOM production o post tax, real, ungeared IRR 21.1% o C1 cash costs US$27.3/lb after by-product vanadium credit Following completion of positive Tumas PFS [...]

Deep Yellow Ltd.'s project portfolio is located in Namibia, a premier uranium mining jurisdiction with a long history of mining. - Dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer - Led by a standout uranium team o A highly-credentialed and experienced team with proven success in the uranium sector, strong project development, operational and corporate [...]

Deep Yellow Ltd. is pleased to advise that follow-up RC drilling at the Barking Gecko prospect was successfully completed on 30 March 2021. The drilling program comprised 13 holes for a total of 3,211m and focused on testing extensions of the mineralisation discovered in 2020 . HIGHLIGHTS - Follow-up RC drilling at Barking Gecko completed on 30 March 2021 - Drilling program comprised 13 holes totalling 3,213m - 9 holes [...]

Deep Yellow Ltd. is pleased to announce that Managing Director and CEO John Borshoff will present at the H.C. Wainwright Spring Mining Conference on Monday 19 April at 10:30am / 10.30pm . Mr Borshoff will provide an update on the Company's current work activities, including the Tumas Project PFS and DFS, ongoing exploration activities and an overview on the uranium sector. About H.C. Wainwright & Co. H.C. Wainwright is a [...]

Deep Yellow Ltd. completed a highly positive PFS in Jan '21 on the Tumas palaeochannel project, delivering excellent results. The PFS focused on a Langer-Heinrich style open-pit mining operation, with a production capacity of 3Mlb U3O8 per annum with results in line with, and in some cases better than, assumptions from the 2020 Scoping Study, highlighting a strong economic case for Tumas. The DFS is underway to confirm [...]

Deep Yellow Ltd.'s activities for the six-month period to 31 December 2020 continued advancing both the Company's Namibian Projects and completion of the Tumas Pre-Feasibility Study , together with continued M&A efforts. Key achievements: - Tumas PFS completed and presented to the Board in January, post-reporting period, with approval given for commencement of a Definitive Feasibility Study . - Tumas PFS incorporated [...]