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 [...]
Deep Yellow Ltd. is pleased to announce strong assay results from the 2022 diamond drilling program completed at the Angularli deposit , which forms part of the Alligator River Project . The drill program comprised of 18 holes for 6,339m and was completed between 28 June and 22 October 2022. Importantly, drilling successfully extended Angularli through the identification of further mineralised fault corridors located in [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the March 2023 quarter. HIGHLIGHTS TUMAS PROJECT - Strong Results from Definitive Feasibility Study o World-class uranium project - Treating 4.15 Mt per annum to produce up to 3.6Mlb U3O8 per annum and 1.15 Mlb V2O5 - Project Life of Mine of 22.25 years based on existing ore reserves, with additional resources likely to increase life to a [...]
Deep Yellow Ltd. is pleased to announce the start of extensive resource drilling programs at the Tumas and Mulga Rock Projects. At the Alligator River Project, assay results from the 2022 diamond drilling program are expected to be received shortly to then completion of a revised MRE for the Angularli deposit. Tumas Project The flagship Tumas Project continues to be the priority focus with the Definitive Feasibility Study [...]
Uranium developer Deep Yellow Ltd. is pleased to announce an upgrade of the Mineral Resource Estimate from JORC to JORC for the Aussinanis Project located in MDRL3498 in Namibia and only 40 km south of the Tumas 3 deposit. HIGHLIGHTS - Exploration completed between 2007-2014 at the Aussinanis Project established an Indicated and Inferred Resource base of 18Mlb at 237ppm U3O8 with a 150ppm U3O8 cut off and at the time was [...]
Deep Yellow Ltd. advises that the follow-up drill program on the Nova Joint Venture Project in Namibia was completed on 21 February 2023. The program, which included thirteen RC holes and one RC pre-collared diamond cored hole EPL3669, see Figure 1) totalling 1,597m, was aimed at further exploring the Barking Gecko North and East, Iguana and Turtle's Neck prospects. HIGHLIGHTS - 14 holes for 1,597m completed at Barking [...]
Deep Yellow Ltd. is a differentiated, advanced uranium exploration company, in predevelopment 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 the pursuit of ccretive, counter-cyclical acquisitions to build a [...]
Deep Yellow Ltd. is pleased to advise the Commonwealth Department of Climate Change, Energy, the Environment and Water has approved the Mulga Rock Project Sandhill Dunnart Conservation Plan , in accordance with condition 2 of the Environment Protection and Biodiversity Conservation Act 1999 for the project. Implementation of the Mulga Rock Project was approved under Ministerial Statement No. 1046 on 16 December 2016 [...]
Deep Yellow Ltd. wishes to advise that it will be holding a conference call and webcast for shareholders and interested stakeholders, to discuss the findings of the Tumas DFS. DETAILS Time - 6am WST Date - Friday, 3 February 2023 PARTICIPATION Shareholders who wish to view the webcast live, or access the archived event, can use the following link: https://webcast.openbriefing.com/dyl-mu-2023/ *To view the Tumas Definitive [...]
Deep Yellow Ltd. is pleased to release the results of the Tumas DFS, showing the flagship uranium project as a potential world-class operation delivering robust returns to shareholders . The Tumas DFS Executive Summary prepared by DFS lead engineer, Ausenco Services Pty Ltd, with key input and direction from the Deep Yellow subject matter experts, is attached to this release to provide the detailed backdrop information to [...]