Deep Yellow grows uranium inventory

DEEP Yellow’s Tumas uranium resources have been increased by 51%, with the company saying it has spent around A$4 million over the past couple of years adding inferred resources at a cost of 7.5c per pound of uranium oxide.

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Deep Yellow drilling in Namibia

In total, the Tumas palaeochannel system now has current resources of 67.4 million pounds, taking Deep Yellow's overall palaeochannel resources at the Reptile project to 104.