DEEP YELLOW LIMITED - ASX: DYL

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Description

Deep Yellow Limited (DYL) is an ASX-listed advanced stage uranium exploration Company with extensive operations in the southern African nation of Namibia and in Australia. It also has a listing on the NSX.

Mp>DYL’s primary focus is in Namibia where its operations are conducted by its 100% owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). Its flag ship is the Omahola Project currently under Pre-Feasibility Study with concurrent resource drill-outs on the high grade Ongolo Alaskite project and on secondary uranium mineralisation in the Tumas-Tubas palaeochannel/fluviatile sheetwash systems. JORC Code resources in Namibia total 39,531 tonnes – 87.2 million pounds U3O8.

In Australia the Company is focused on resource delineation of mid to high grade discoveries in the Mount Isa district in Queensland, including the Queens Gift, Conquest, Slance, Eldorado, Thanksgiving, Bambino and Turpentine Prospects. The Company also owns the Napperby Uranium Project and numerous exploration tenements in the Northern Territory.

DYL’s drill programmes in Namibia and Australia will increase its JORC Code Mineral Resource inventory which currently totals 44,442 tonnes – 98.0 million pounds of U3O8.

Mine For

uranium

Location of operation(s)

Northern Territory, Queensland, Namibia

Address

Level 1 , 329 Hay Street
SUBIACO, WA, AUSTRALIA

Phone

(08) 9286 6999

Email

Website

http://www.deepyellow.com.au

Last Updated

5/5/2011