DYLLF: Infill RC Drilling Program at Tumas Uranium Project Increases the Estimated Mineral Resource by 50% and the Ore Reserve Estimate by 121%; on Track to Comple

DYLLF: Infill RC Drilling Program at Tumas Uranium Project Increases the Estimated Mineral Resource by 50% and the Ore Reserve Estimate by 121%; on Track to Comple

OTC:DYLLF | ASX:DYL.AX

Management’s goal is develop Deep Yellow (OTC:DYLLF) (ASX:DYL.AX) into a Tier I, multi-jurisdictional uranium producer during the current uranium up-cycle. Currently, management is pursuing activities at an accelerated pace that will support the completion of a DFS on the Tumas Project with a 20+ year LOM operation , up from the 11 ½ years in the Pre-Feasibility Study (PFS) that was released in February 2021.

Since the beginning of 2021, Deep Yellow has achieved several highly significant milestones toward becoming a Tier I producer of uranium .

Tumas Project Infill drilling programs between February and August 2021 at Tumas 3, Tumas 1 & Tumas 1 East contributed to an updated Mineral Resource Estimate , primarily through converting over 100% of the existing Inferred Resources to the Indicated Resource category. This upgrade drilling campaign was successful in supporting management’s goal of expanding the LOM to over 20 years […]

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