Deep Yellow Splits Project, Begins Application Process
Feb. 06, 2012 01:22PM PST
Long TailMining Weekly reported Deep Yellow (ASX:DYL) has split the TRS deposit off its Omahola project creating two projects in Namibia.
Mining Weekly reported Deep Yellow (ASX:DYL) has split the TRS deposit off its Omahola project creating two projects in Namibia.
As quoted in the market news:
TRS was taken out of the Omahola resource base as studies showed the potential of an economical standalone operation, even at a smaller scale of 250 t/y, up to 1 000 t/y. Further, the project offered the best short-term potential of fast-tracking the development of a hard rock higher-grade resource into production, said MD Greg Cochran during a site visit.