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    market news

    Deep Yellow Splits Project, Begins Application Process

    Investing News Network
    Feb. 06, 2012 01:22PM PST
    Long Tail

    Mining 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.

    Click here to read the full Mining Weekly report.
    market newsasx:dyl
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