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 [...]
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 [...]