Deep Yellow is pleased to provide the Company's Quarter Activities Report for the period ending 31 December 2016. HIGHLIGHTS - Post quarter end: Detailed review completed and strategic growth plan developed. - Post quarter end: 1:20 share consolidation announced to prepare Company for growth. - Activities on the Namibian projects focussing on expanding the calcrete associated uranium resource base. STRATEGIC REVIEW [...]
As foreshadowed in previous announcements, the Board of Deep Yellow is pleased to advise that a detailed review of the Company has been completed and a strategic growth plan has been developed; Executive Management will now focus its attention on execution and adding shareholder value. The first step in the plan will require that the Company complete a consolidation of the existing share capital in order to facilitate new [...]
Deep Yellow is pleased to provide the company's 2016 AGM Corporate Presentation. Highly Prospective Paleo-channels - The highest grade undeveloped calcrete resource in Namibia. - An extensive mineralised channel system in excess of 100km. - Contains a number of defined deposits - Tumas 1, 2 & 3; Tubas and Tubas Sand. Exploration Objectives - Namibia for next 8 months Objectives (EPLs 3496/97 and EPLs 3669/70 [...]
Deep Yellow is pleased to provide its September Quarter Report and Appendix 5B. HIGHLIGHTS - Post quarter-end, John Borshoff appointed MD/CEO with accompanying strategic relationship with the Sprott Group and funding commitment to raise an initial A$1.42M. - Post quarter-end, a Mineral Resource Estimate completed for the Tumas Project. -- A 12% increase in metal content at the previous average grade and cut-off [...]
Advanced stage uranium explorer Deep Yellow is pleased to provide a clarification to its recently announced JORC 2012 compliant Mineral Resource Estimate for its Tumas Project in Namibia, the MRE remains the same as that reported on 12 October 2016. The MRE has a 12% increase in metal content (at the same average grade and cut-off as the previous MRE) and significantly enhanced confidence in the resource with 62% now [...]
Deep Yellow is pleased to announce the appointment of Mr John Borshoff as CEO and Managing Director and the establishment of a strategic relationship with an affiliate of the Sprott Group. Concurrently, an affiliate of Sprott will be making an initial A$1.42M investment to recapitalise DYL and support the Company's future growth strategy, anchored by its flagship Namibian assets. The Board of DYL expresses its gratitude [...]
Advanced stage uranium explorer Deep Yellow is pleased to announce a JORC 2012 compliant Mineral Resource Estimate for its Tumas Project in Namibia. Apart from a 12% increase in metal content (at the same average grade and cut-off as the previous MRE) the confidence in the resource has been significantly enhanced with 62% now classified in the Measured Resource Category, 36% in Indicated and the remaining 2% in the [...]
Deep Yellow CEO Investor Presentation was held on 4 & 5 October 2016 by the Managing Director Greg Cochran. Key Points - ASX-listed advanced stage Namibian uranium company - Focussed on near-term development of its Tumas Project: -- Highest grade undeveloped calcrete resource in Namibia (~350ppm) -- Marenica's U-pgradeTM process enables comparatively low costs - Holds an exciting project pipeline: -- Omahola [...]
Deep Yellow are pleased to provide an Executive Interview with Managing Director Greg Cochran and ABN Newswire CEO Tim McKinnon. Tumas (Palaeochannel) Project The Tumas (Palaeochannel) Project straddles EPLs 3496 and 3497 as per Project Locality Map. It contains secondary uranium mineralisation hosted in some areas by shallow fluviatile sheetwash sands and gravels and in other areas, more deeply incised channels. These [...]
Advanced stage uranium explorer Deep Yellow is pleased to announce that it has entered into a binding Technology Licence Agreement with Marenica Energygiving it the option to use MEY's U-pgrade(TM) process on its Tumas Project located in Namibia. The agreement is the culmination of over three years of engagement with MEY and allows DYL to rapidly move into the next phase of project development, being further metallurgical [...]
Deep Yellow are pleased to provide the Company's Annual Report and Financial Statements for 2016. SUMMARY INFORMATION CORPORATE STRATEGY DYL's strategy is to successfully make the transition from advanced uranium explorer to developer and producer by single-mindedly focussing on advancing its Namibian projects. Specifically, DYL believes that its Tumas Project, allied to a novel yet relatively simple beneficiation [...]
Deep Yellow is pleased to announce that the Company's Share Purchase Plan (SPP) closed on Friday 1st July 2016 with subscriptions for 188,150,000 ordinary shares. The Company has instructed its share registry to allot and issue the SPP shares raising a total of $752,600. "The Directors are very pleased with the support received from our shareholders" said DYL's Managing Director, Mr Greg Cochran. "The level of [...]
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