Deep Yellow’s positive Namibian uranium interim PFS
Investing News Network - January 10th, 2011
Mineweb reports Deep Yellow’s (ASX:DYL) positive interim pre-feasibility study results have been received for its Omahola uranium project, Namibia.
Mineweb reports Deep Yellow’s (ASX:DYL) positive interim pre-feasibility study results have been received for its Omahola uranium project, Namibia.
The editorial is quoted as saying:
The project includes the INCA and Tubas Red Sand uranium deposits.
With the discovery of the new high-grade Ongolo Alaskite uranium deposit as a source of ore, this would positively impact the economics of the PFS.
The results point to open-cut mining at the INCA deposit (80% of plant feed) and simplified surface mining and beneficiation at Tubas Red Sand (TRS) deposit (20% of feed).