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Deep Yellow Announces Significant Uranium Intercepts in Alaskite

Deep Yellow Limited (ASX:DYL), an Australian listed emerging uranium explorer with African and Australian projects, has announced its new drill results which have found additional significant uranium intercepts at the Tubas Alaskite project in Namibia.

This was a follow on reconnaissance drilling programme focussing on alaskite hosted uranium mineralization based on prior drill results announced on 29 April 2010.

The exploration was conducted by the wholly owned subsidiary Reptile Uranium Namibia Ltd. In the month of April Deep Yellow Limited had announced drill results of their discovery hole ALAR13 which returned 89 meters at 400 ppm cU308 from 128 meters.

Since that time four consecutive drill holes namely ALAR61, ALAR62, ALAR63 and ALAR64 have returned chemical assays of about 400ppm cU308 or greater, on the Reconnaissance Line 3.

Additional drilling around ALAR13 also helped to better understand the lithology and orientation of the mineralized alaskite trend in the area. At present one diamond rig and 3 RC rigs are actively being drilled on this project.

RC Drilling at the Tubas Alaskites Project Area. Image Credit: Deep Yellow Ltd

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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