In March Deep Yellow Ltd. announced an updated Mineral Resource Estimate for Tumas 1&2, Tumas 1 East and Tumas 3 West which has resulted in the combined Measured, Indicated and Inferred Mineral Resource Estimate over these deposits increasing to 67.4Mlb grading 352ppm eU3O8. HIGHLIGHTS REPTILE PROJECT - Resource estimate update from infill drilling [...]
Deep Yellow Ltd. is pleased to advise that Japan Oil, Gas and Metals National Corporation , who are sole funding the Nova Joint Venture in Namibia, have approved a program and budget of $1.05M over the next 12 months for the period ending 31 March 2020. The Nova JV, covering EPLs 3669 and 3667, is held in the corporate entity Nova Energy Pty Ltd in [...]
Deep Yellow Ltd. is pleased to report encouraging drilling results on EPL3497 where new continuous mineralisation has been identified in the Tumas 1 East palaeochannel area along Tributary 5. Drilling also delineated continuous uranium mineralisation on EPL3496 in the Tumas Central area to the west of Tumas 3. This EPLs are held by Reptile Uranium [...]
Deep Yellow Ltd. is pleased to announce an updated Mineral Resource Estimate for the Tumas 1, 2 and 3 deposits which, at a 200ppm eU3O8 cut-off now contains 67.4Mlb of Measured, Indicated and Inferred Mineral Resources at 352ppm eU3O8. This represents an increase of 51% from the MRE announced to the ASX on 11 July 2018. These deposits occur on EPLs [...]
The Directors of Deep Yellow Ltd. submit herewith the financial report of the Company and its subsidiaries for the half-year ended 31 December 2018. Activities for the 6-month period to 31 December 2018 continued to concentrate on the Company's Namibian projects with the following focus: - Enhancing the uranium resource base over the Reptile [...]
Deep Yellow Ltd. advises that the final 3,000m leg of the 12,000m FY19 RC drilling program commenced 4 March 2019 on the Reptile Project within EPLs 3496 and 3497 and held by its wholly-owned subsidiary Reptile Uranium Namibia Ltd as shown in Figure 1 . The drilling has a two-fold focus: - Follow-up resource drilling to test for resource upgrade of [...]
Deep Yellow Ltd. provides the Company's December Quarterly Activities Report. HIGHLIGHTS - Tumas 1 East - highly significant uranium mineralisation identified in previously unknown tributary channels 1, 2, 4 and 5. o To date a total of 16km of highly prospective mineralised channel has been identified for follow-up resource drilling. o First stage [...]
Deep Yellow Ltd. is pleased to announce that the resource infill drilling in the Tumas 3 West area, testing a southern palaeochannel tributary was completed. In addition a short exploration program in the Tumas Central palaeochannel commenced and stopped due to the Christmas break. Drilling will resume in February 2019 to complete this work [...]
Deep Yellow Ltd. advises the completion of the 2018 exploration drilling program carried out on its Nova Joint Venture project, Namibia where Japanese Japan Oil, Gas and Metals National Corporation is earning a 39.5% interest on expenditure of A$4.5M. The drilling program started on 4 October and was suspended on 14 December 2018 to allow for the [...]
Deep Yellow Ltd. is pleased to announce that the resource infill drilling in the Tumas 1 East area on EPL3497, testing two of the five tributaries, has now been completed. Extensive uranium mineralisation has been confirmed within Tributaries 1 and 2. EPL3497 is held by Reptile Uranium Namibia Ltd, part of the group of companies wholly owned by [...]
Deep Yellow Ltd. is pleased to announce that the current phase of broad delineation drilling in the Tumas 1 East area on EPL3497 has now been completed. Extensive uranium mineralisation has been identified in the Tumas 1 East palaeochannel area within a system of newly defined Tributaries 1, 2, 4 and 5. Resource infill drilling will now start in [...]
Deep Yellow Ltd. is pleased to announce continued encouraging drilling results on EPL3497 where the recently discovered continuous mineralisation at the Tumas 1 East palaeochannel area has now been further extended and has also identified a new mineralised channel to the north. Broad exploration drilling was also conducted on the smaller [...]