Posted in | Uranium | Discoveries

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

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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