Deep Yellow confirms uranium discovery

JOHN Borshoff’s Deep Yellow will estimate a maiden resource next quarter following what it said was confirmation of a uranium discovery at Tumas 3, located 30km from the Langer Heinrich operation in Namibia owned by Paladin and CNNC.

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Tumas 3 currently extends over a 1.9km strike length, with better hits including 12 metres grading 1239 parts per million uranium oxide from 5.1m depth and 12m at 1163ppm U3O8 from 6.1m.

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