Deep Yellow Limited Updates Resource Estimate For Tubas-Tumas

Deep Yellow Ltd. (ASX:DYL) reports the completion of an updated mineral resource estimate for Tumas Zones 1 and 2 of the Tubas-Tumas Palaeochannel uranium deposit, Namibia.

The press release is quoted as saying:

The previous resource estimate for Tumas (Zone 1 only) was conducted by H&S in February 2009 and totalled 10.0 million tonnes at 0.034% (345 ppm) U3O8 for 3,447 tonnes or 7.6 million pounds of contained U3O8 at a cut-off grade of 200 ppm U3O8.

The updated resource estimate for Tumas Zone 1 and 2 is 14.8 million tonnes at 0.036% (366 ppm) U3O8 for 5,414 tonnes or 11.9 million pounds of contained U3O8 at a cut-off grade of 200 ppm U3O8.

Click here to access the entire press release.

Click here to access Deep Yellow’s company profile.