Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Deep Yellow Limited
  6. News
  7. Summary
    DYL   AU000000DYL4

DEEP YELLOW LIMITED

(DYL)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Deep Yellow Limited Announces an Updated Mineral Resource Estimate for the Tumas 1 East Deposit

09/01/2021 | 07:19pm EDT

Deep Yellow Limited announced an updated Mineral Resource Estimate for the Tumas 1 East deposit, on EPL3497 in Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd. In August 2021, Deep Yellow successfully completed a two-month, 556 hole, 6,982m resource upgrade infill RC drilling program at the Tumas 1E deposit. The mineralisation at Tumas 1E occurs as an eastward extension of the Tumas 1 deposit. The updated MRE at Tumas 1E has delivered at a 100ppm cut off, a maiden Indicated Mineral Resource of 19.6Mlb eU3O8 at 245ppm. In addition, an Inferred Mineral Resource of 9.2Mlb eU3O8 at 216ppm remains within the Tumas 1E deposit to be upgraded at a future date. Overall, at a 100 ppm eU3O8 cut off, the Tumas 1E MRE now stands at 28.8Mlb at 235ppm. Pleasingly, the program was very successful and of the portion of the deposit tested, achieved a 102% conversion of Inferred Mineral Resources (by metal on a panel-by-panel basis) to an Indicated Mineral Resource category. This conversion rate, along with the previous 113% at the Tumas 3 deposit, again shows the value of the company's Mineral Resource improvement strategy. The significant increase announced at both Tumas 1E and Tumas 3 are considered sufficient to support the key objective of the Tumas Definitive Feasibility Study (DFS) to achieve a minimum 20-year Life of Mine. For the PFS, the Indicated Mineral Resources available using a 100ppm cut-off were 28.4Mlb at 299ppm U3O8 from Tumas 3 and 24.2Mlb at 203ppm U3O8 from Tumas 1 and Tumas 2. This established the maiden Ore Reserve for the PFS, outlined below, providing Probable Ore Reserves of 31Mlb at 344ppm U3O8 using a 150ppm cut-off grade.


© S&P Capital IQ 2021
All news about DEEP YELLOW LIMITED
10/19DEEP YELLOW : Barking gecko phase 1 drilling successfully completed
AQ
10/19DEEP YELLOW : Completes Drilling at Barking Gecko North Prospect in Namibia
MT
10/18Deep Yellow Limited Announces the 14 Hole, 3,561M Phase 1 Follow-Up Drilling Program at..
CI
10/18Deep Yellow Limited Barking Gecko Phase 1 Drilling Successfully Completed
AW
10/08DEEP YELLOW : Reptile basement target offers resource upgrade opportunity, revised to incl..
AQ
10/08DEEP YELLOW : to Start Drilling at Omahola Project in Namibia
MT
10/07DEEP YELLOW LIMITED (ASX : DYL) Reptile Basement Target Release - Revised JORC Disclosure
AQ
10/06Deep Yellow Limited Announces Reptile Basement Target Offers Resource Upgrade Opportuni..
CI
10/06DEEP YELLOW LIMITED (ASX : DYL) Reptile Basement Target Offers Resource Upgrade Opportunit..
AQ
10/05DEEP YELLOW : Major ore reserve milestone achieved for tumas dfs
AQ
More news
Financials
Sales 2021 0,06 M 0,04 M 0,04 M
Net income 2021 -4,82 M -3,61 M -3,61 M
Net cash 2021 51,9 M 38,9 M 38,9 M
P/E ratio 2021 -40,9x
Yield 2021 -
Capitalization 387 M 291 M 290 M
EV / Sales 2020 502x
EV / Sales 2021 3 301x
Nbr of Employees -
Free-Float 87,5%
Chart DEEP YELLOW LIMITED
Duration : Period :
Deep Yellow Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEEP YELLOW LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Managers and Directors
John Borshoff Chief Executive Officer, MD & Executive Director
Mark Edward Pitts Chief Financial Officer & Secretary
Christopher Salisbury Chairman
Mervyn Patrick Greene Non-Executive Director
Gillian Swaby Executive Director
Sector and Competitors
1st jan.Capi. (M$)
DEEP YELLOW LIMITED138.71%291
JSC NATIONAL ATOMIC COMPANY KAZATOMPROM172.73%11 866
CAMECO CORPORATION93.20%10 686
DENISON MINES CORP.186.90%1 579
ENERGY FUELS INC.99.07%1 297
YELLOW CAKE PLC57.63%834