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 […]

Click here to view original web page at www.msn.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.