Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) advises that the follow-up drill program at its Barking Gecko prospect on EPL3669 (refer Figure 1*) started on 22 September 2023 and was completed on 10 November 2023. HIGHLIGHTS - Follow-up RC drill program involving eight holes totalling 1,558m completed at Barking Gecko North - Best intersections included: o TN294RC - 9m at 382ppm eU3O8 from 203m o TN297RC - 3m at 260ppm eU3O8 from 64m - 9m at 290ppm...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that Namibia's Ministry of Mines and Energy (MME) has issued Reptile Uranium Namibia (Pty) Ltd, a 100% subsidiary of Deep Yellow, with a mining licence (ML 237) for the Company's flagship Tumas Project (Tumas or Project) (refer Figure 1*). Namibia's Ministry of Mines and Energy has issued the mining licence for the Company's flagship Tumas Project, which ensures Deep Yellow can...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an update of costs and forecast financial outcome for its flagship Tumas Project (Project or Tumas). The Tumas Definitive Feasibility Study (DFS) announced in February 2023 was undertaken during a period of significant inflationary and supply logistical volatility. As Deep Yellow continues to develop the Project with a Final Investment Decision (FID) expected in Q3 2024, a Re-Costing...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an updated Mineral Resource Estimate (MRE) for the Tumas 3 Deposit (refer Figure 1*), located in EPL3496 in the Erongo Region of Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). On 11 September 2023, Deep Yellow announced results from the two-phase RC resource expansion and infill drilling program completed to the...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) 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 finance...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide an update on the ongoing metallurgical testwork program at the Mulga Rock Project (MRP or 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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 (see Figure 1*). 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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 (LoM) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide an update on the aircore drill program on the Mulga Rock Project (MRP or 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an upgraded Mineral Resource Estimate for the Angularli deposit, which forms part of the Alligator River Project (see Figure 1). 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce strong assay results from the 2022 diamond drilling program completed at the Angularli deposit (Angularli), which forms part of the Alligator River Project (ARP) (see Figure 1*). 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide a summary of key activities completed in the March 2023 quarter. HIGHLIGHTS TUMAS PROJECT - Strong Results from Definitive Feasibility Study (DFS) o World-class uranium project - Treating 4.15 Mt per annum to produce up to 3.6Mlb U3O8 (uranium) per annum and 1.15 Mlb V2O5 (vanadium by-product) - Project Life of Mine (LOM) of 22.25 years based on existing ore reserves, with additional...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...
Perth, Australia (ABN Newswire) - Uranium developer Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an upgrade of the Mineral Resource Estimate (MRE) from JORC (2004) to JORC (2012) for the Aussinanis Project located in MDRL3498 in Namibia (Figure 1*) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) advises that the follow-up drill program on the Nova Joint Venture Project (NJV) 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...
Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...