Deep Yellow advances DFS for Tumas uranium project, makes new executive appointments

Deep Yellow advances DFS for Tumas uranium project, makes new executive appointments

Deep Yellow uranium ASX DYL Tumas definitive feasibility study Namibia 2021 A definitive feasibility study for the Tumas uranium project in Namibia is advancing towards completion by year end for owner Deep Yellow (ASX: DYL) .

The study is targeting an annual production rate of up to 3 million pounds uranium underpinned by a mine life of more than 20 years.

To achieve this, Deep Yellow has commenced resource upgrade drilling to convert the remaining inferred resources at the Tumas-3 and Tumas-1 East deposits to indicated.

A total 755 reverse circulation holes were drilled for 14,955 metres during the June quarter to complete the Tumas-3 infill program, comprising 911 holes for 17,697m.Approximately 46% returned uranium mineralisation greater than 100 parts per million uranium equivalent over 1m.Drilling at Tumas-1 East is due for completion by month end.Potential to further expand the project’s operating life beyond the study’s current scope could exist once untested […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet