Deep Yellow gives Reptile more bite

URANIUM believer Deep Yellow has boosted the resource at its year-old Tumas 3 discovery in Namibia by 32%, doubling the overall palaeochannel-related resource base for the wider Reptile project in Namibia to some 63.3 million pounds over just 18 months.

Deep Yellow gives Reptile more bite Deep Yellow gives Reptile more bite Deep Yellow gives Reptile more bite Deep Yellow gives Reptile more bite Deep Yellow gives Reptile more bite

Reptile is Deep Yellow's major undertaking in Namibia.

Deep Yellow, where indefatigable uranium bull John Borshoff has been hanging his hat for the past two years, says the inferred resource at the expanding Tumas 3 discovery is now 31.2Mlb, an increase of 32% and the growth has not come at the expense of grade, which remains around 377 parts per million of eU3O8.
 
The maiden resource for Tumas 3 was announced in September, and since that time the junior has completed four months of resource extension drilling, adding 6km to the previously identified 4.4km-long Tumas 3 discovery.
 
Of 274 RC holes drilled for 6781m, 125 returned positive results.
 
Deep Yellow is working to advance the project toward a resource target in Namibia of 100-150Mlb, and a...

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