Uranium

Deep Yellow Limited (ASX:DYL) announced a re-estimate of its Inca deposit resulting in a 20% increase high-grade uranium.

Deep Yellow Limited (ASX:DYL) announced a re-estimate of its Inca deposit resulting in a 20% increase high-grade uranium.

As quoted int he press release:

 The deposit is located on EPL 3496 which is held 100% by DYL’s wholly-owned Namibian subsidiary, Reptile Uranium Namibia (Pty) Ltd (RUN).

The updated Indicated and Inferred Mineral Resource estimate was completed by Coffey Mining Pty Ltd (Perth) (Coffey) and totals 12.4 Mt at 490 ppm U3O8 for 13.4 Mlbs U3O8 at a 250 ppm cut-off.

Click here to read the Deep Yellow Limited (ASX:DYL) press release.

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