Deep Yellow Ltd. is pleased to announce the completion of an 18-hole, 6,339m diamond drilling program at the Angularli deposit , which forms part of the Alligator River Project . This program, which commenced in late June 2022, has successfully extended Angularli and identified further mineralised fault corridors nearby to the current Mineral [...]
Deep Yellow Ltd. is pleased to announce further strengthening of its Board with the appointment of experienced resources and energy executive Ms Victoria Jackson as a Non-Executive Director. Ms Jackson is an excellent addition to the Deep Yellow Board and brings over 35 years' experience specialising in executive management, leadership and [...]
Since the appointment of John Borshoff as CEO and Managing Director of Deep Yellow Ltd. in October 2016, the Company set a new direction built around a unique, counter-cyclical strategy focused on organic and inorganic growth to deliver 5-10Mlb annually with a low cost, multi-project global uranium platform. Organic growth will be delivered through [...]
Today marks the first day Deep Yellow Ltd. is operating as a significantly larger uranium company, following the successful merger with Vimy Resources Ltd. announced on 31 March 2022. The transaction, announced on 31 March 2022, combines two advanced, geographically diverse uranium projects, with a combined project portfolio placing Deep Yellow in [...]
Deep Yellow Ltd. is pleased to confirm the following appointments to the Company effective from 4 August 2022: - Steven Michael ; - Wayne Bramwell ; and - Anthony Chamberlain . Steven Michael, Wayne Bramwell and Anthony Chamberlain join the Company from the board of Vimy Resources Ltd. , following implementation of the scheme of arrangement between [...]
Deep Yellow Ltd. is pleased to provide an update on key activities completed in the June quarter. TUMAS DFS STATUS The month of June saw the Project Team reach a significant milestone with completion of the plant layout as the basis of the DFS. Delivery of this milestone now allows the team to generate material take-offs for concrete and structural [...]
Deep Yellow Ltd. is pleased to provide an update on its followup RC drilling program at the Omahola Project , which lies adjacent to the Tumas Project *. Omahola comprises the Ongolo, MS7 and Inca basement-related deposits and is located on EPL 3496, held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia Ltd. Uranium [...]
Deep Yellow Ltd. is pleased to announce it has agreed to extend the current 12-month option existing on the Exclusivity Agreement with HyIron Green Technologies Ltd in relation to the Shiyela Iron Ore Project in Namibia. HyIron will exercise its final option for an additional six months which will take the decision point to purchase out to no later [...]
Deep Yellow Ltd.'s Tumas Definitive Feasibility Study is firmly on track, improving on Pre-Feasibility Study assumptions and on schedule for completion in the 2022 December quarter. Follow-up basement drilling at Omahola has commenced, with program testing three highly prospective targets and extending the prospective zone . The company has a [...]
Deep Yellow Ltd. advises that the Phase 2 follow-up RC drill program at the Barking Gecko North prospect involving ten holes for 2,272m, was completed on 18 March 2022. See Figure 1*. HIGHLIGHTS - Follow-up Phase 2 RC drill program completed at Barking Gecko North involving 10 holes and 2,272m - All holes were mineralised returning greater than [...]
Deep Yellow Ltd. and Vimy Resources Ltd. are pleased to announce that they have entered into a Scheme Implementation Deed, under which the two companies propose to merge by way of a recommended court-approved scheme of arrangement between Vimy and its shareholders. HIGHLIGHTS - Deep Yellow and Vimy have agreed to a merger by a Scheme of [...]
Deep Yellow Ltd.'s Activities for the six-month period to 31 December 2021 involved continuing the advancement of the Tumas Definitive Feasibility Study together with the Company's Namibian exploration projects, and continued M&A efforts. Key achievements: - Infill resource upgrade drilling program completed on Tumas 3 and 1 East deposits, with a [...]