Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce successful completion of the Tumas DFS resource upgrade drilling program at the Tumas 3 and 1 East deposits.
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
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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.
Deep Yellow Limited (ASX:DYL) Positive Resource-Upgrade Drilling Results for DFS
OTCMKTS:DYLLF) is pleased to announce completion of the first phase of the Tumas RC infill drilling program (ASX announcement 11 February 2021) at the Tumas 3 East deposit, located on EPL3496 (Figure 1 ). The 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.
The mineralisation at Tumas 3 (comprising Tumas 3 Central, Tumas 3 West and Tumas 3 East) occurs as a discrete mineralised deposit, occurring separately from the other uranium deposits within this fertile palaeochannel system, namely Tumas 1 (which also includes Tumas 1 East) and 2 in addition to Tubas Red Sand/Calcret