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Deep Yellow Limited (ASX:DYL) Drilling at Tumas 3 Delivers Significant Resource Upgrade
Drilling at Tumas 3 Delivers Significant Resource UpgradePerth, July 29, 2021 AEST (ABN Newswire) - Uranium developer Deep Yellow Limited (
OTCMKTS:DYLLF) is pleased to announce a significant and impressive Mineral Resource Estimate (MRE) upgrade for the Tumas 3 deposit, located in EPL3496 in Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). See Figure 1 .
HIGHLIGHTS
- DFS resource upgrade drilling at Tumas 3 has delivered an impressive 117% direct conversion of the existing Inferred Mineral Resource to Indicated Mineral Resource category, with an additional 5.7Mlb of Indicated Mineral Resources identified from peripheral zones