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Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) (Namibian Stock Exchange:DYL) is a differentiated, advanced uranium exploration company, in predevelopment phase, implementing a contrarian strategy to 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 accretive, counter-cyclical acquisitions to build a global, geographically diverse asset portfolio. A PFS has recently been completed on its Tumas Project in Namibia and a DFS commenced February 2021. The Company s cornerstone suite of projects in Namibia is situated within a top-ranked African mining destination in a jurisdiction that has a long, well-regarded history of safely and effectively developing and regulating its considerable uranium mining industry. ....
Deep Yellow Limited (ASX:DYL) DFS Resource Upgrade Drilling Completed at Tumas 3
DFS Resource Upgrade Drilling Completed at Tumas 3Perth, July 13, 2021 AEST (ABN Newswire) - Deep Yellow Limited ( OTCMKTS:DYLLF) is pleased to announce completion of the RC infill drilling program (ASX announcement 11 February 2021) at the Tumas 3 deposit, located on EPL3496 (Figure 1 ). The Tumas Project is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). The Tumas 3 uranium mineralisation is of the calcrete-type, located within an extensive, mainly east-west trending, palaeochannel system. Uranium mineralisation occurs in association with calcium carbonate precipitations (calcrete) in sediment filled palaeovalleys. ....