Deep Yellow Ltd. is pleased to advise the start of the accelerated work program as announced 24 September 2019 to advance the Company's Reptile Project in Namibia and determine, in a staged manner, the economic feasibility of the Tumas channel uranium deposits. HIGHLIGHTS - Accelerated drilling activity has commenced on Tumas palaeochannel to initiate project economic evaluation. o One diamond and a second RC drilling rig [...]
Deep Yellow Ltd. is an advanced stage uranium exploration company with a clear growth strategy to establish a multi-project global uranium development platform. Led by Paladin Energy founder John Borshoff, Deep Yellow has the expertise and capability to achieve its strategy during a countercyclical period for uranium investment. The Company has a cornerstone suite of projects in Namibia, a top-ranked African mining [...]
Specialist advanced uranium exploration company, Deep Yellow Ltd. is pleased to advise the Board has approved an additional $1.1M budget to advance the Company's Reptile Project in Namibia and determine its economic feasibility in a staged manner. The $1.1M is in addition to the existing FY20 Reptile Project budget of $1.65M. The success of the exploration work undertaken by the Company on the Project over the past two [...]
Deep Yellow Ltd. is pleased to report the completion of the exploration and resource upgrade drilling in the Tumas 1 East palaeochannel. Resource drilling along Tributary 5 on EPL 3497 was completed where drill densities are now sufficient to undertake an Inferred Resource Estimation. Importantly, exploration drilling has delineated a new zone of high-grade uranium mineralisation at the confluence of Tributary 8 and the [...]
Deep Yellow Ltd. is pleased to advise the Namibian Ministry of Mines and Energy have notified the Company of their preparedness to grant the renewal of Exploration Prospecting Licences 3496 and 3497 for a further two years, until 4 August 2021. The location of EPLs 3496 and 3497 is shown in Figure 1 in link below. These EPLs comprise the 100% owned Reptile Project tenements that contain the bulk of the surficial calcrete [...]
Deep Yellow Ltd. provide the Company presentation released as part of the North American investor briefing program including the Sprott Conference held in Vancouver, Canada. To view presentation, please visit: http://abnnewswire.net/lnk/OWEP3612 About Deep Yellow Limited: Deep Yellow Ltd. is a specialist differentiated uranium company implementing a new contrarian strategy to grow shareholder wealth. This strategy is [...]
Deep Yellow Ltd. provide the June Quarterly Activities Report HIGHLIGHTS REPTILE PROJECT - Drilling at Tumas 1 East identified 3km of continuous mineralisation in Tributary 5. - 60km of uranium-fertile palaeochannel targets remain to be properly tested . - 11,000m RC drilling approved for FY20 on Reptile Project. - Follow-up drilling at Tumas 1 East commenced in July. NOVA JV PROJECT - Annual JV budget of A$1.05M to March [...]
Deep Yellow Ltd. advises that, following Board approval for its FY20 program/budgets and the Company's recent successful capital raising, it is about to embark on an important year in the development of the Company. In the ASX release dated 4 June 2019 Deep Yellow advised the objectives of its placement and share participation plan, outlining its intent to use the proceeds of the capital raising to fund short term working [...]
Deep Yellow Ltd. refers to its recently announced capital raising and is pleased to advise that, in addition to the successful $9 million placement , the Company's Share Purchase Plan has closed with subscriptions for 5,411,985 ordinary shares raising a further $1,677,700. Under the terms of the SPP, the Board reserved the right to place any shares not subscribed for by eligible shareholders to qualified investors as a [...]
Deep Yellow Ltd. reminds shareholders, following a number of enquiries, that the Company's Share Purchase Plan is due to close this Friday 28 June 2019, in accordance with the timetable below. Date: 5.00pm Perth time, 3 June 2019 Event: Record Date Description: Date on which the Company determined the eligible shareholders Date: 7 June 2019 Event: Despatch SPP, Offer Document Description: Offer materials dispatched to [...]
Deep Yellow Ltd. is pleased to announce that further to the announcement on 4 June 2019, settlement of the $9 million placement has taken place. The Placement was very well received, with demand exceeding the funds the Company sought to raise through the Placement. The Company has received the subscription funds from a select number of quality investors who participated in the Placement. Accordingly, DYL has today issued [...]
Deep Yellow Ltd. provides the latest Company's presentation. Key Takeaways New Strategy is Delivering Results 1. Positioning for the inevitable uranium upturn - Clear strategy for growth and delivering on stated objectives. - Recently upgraded to OTCQX trading platform expanding shareholder footprint. - Well funded 2. Growth strategy - Establish a global uranium platform. - Grow uranium resource base on Namibian projects [...]
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