Deep Yellow Limited

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Deep Yellow Limited Company Summary

Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is an Australian-based uranium focused exploration company with advanced exploration projects in Namibia and in Australia. In Namibia the Company operates through its wholly-owned subsidiary Reptile Uranium Namibia P/L which is focusing on its mid to high grade INCA primary uraniferous magnetite and secondary Red Sand projects and the extensive secondary calcrete deposits contained in the Tumas-Oryx-Tubas palaeochannel and fluviatile sheetwash systems. In Australia the Company is focused on resource delineation of mid to high grade discoveries in the Mt Isa district - Queensland, including the Queens Gift, Conquest, Slance, Eldorado, Thanksgiving, Bambino and Turpentine Prospects. The Company also owns the Napperby Uranium Project and numerous exploration tenements in the Northern Territory. A pipeline of other projects and discoveries in both countries are continually being examined and there is extensive exploration potential for new, additional uranium discoveries in both Namibia and Australia.

DIRECTORS / OFFICERS

Mr Mervyn Greene Chairman & Non-Executive Director Mr Greene is an investment banker and entrepreneur who has worked in the US, Europe and Africa for more than 20 years. Between 1997 and 2005 Mr Greene was the London based partner of Irwin Jacobs Greene (IJG), one of Namibia's premier stockbroking, private equity and corporate finance advisory firms. As part of its business IJG was involved in a number of capital raisings for Namibian State enterprises. Mr Greene has had broad experience in a range of corporate transactions both in Namibia and abroad and is involved in a non-executive capacity in a number of public and private businesses in Ireland and the UK. In the early stages of his career, before doing an MBA in the London Business School in 1992, Mr Greene worked for Morgan Stanley in New York and London. Mr Greene was appointed to the Deep Yellow Board in November 2006 and became Chairman in August 2007. Mr Greg Cochran Managing Director Greg has over 25 years’ experience in international mining in commodities including gold, coal, base metals and uranium. He has held senior positions in various functions including projects, operations, finance and business development. Most recently he was CEO of Terramin Australia Limited and prior to that he was Executive Vice President: Australia & Asia for TSX listed Uranium One. At Uranium One he led the establishment of a strong corporate and project team in South Australia, guided the Honeymoon mine through its permitting process and successfully established the Mitsui Uranium One Australia Joint Venture. In Asia he led the due diligence on Uranium One’s C$3.8 billion acquisition of UrAsia Ltd in 2007, was responsible for UrAsia’s integration into Uranium One and managed the company’s Kazakh joint venture interests. Greg also worked for Mitsubishi Development whilst the earlier part of his career was spent with BHP Billiton and its predecessor companies in the Billiton stable. Greg is a professional engineer and holds a MSc. in Mining Engineering and Mineral Economics from the University of the Witwatersrand in Johannesburg and an MBA from Cranfield University in the UK. He also holds South African mine manager’s certificates of competency for metalliferous and coal mines. He is a Graduate Member of the Australian Institute Company Directors and a Fellow of the Australian Institute of Mining & Metallurgy. Mr Cochran joined the Deep Yellow Board in January 2011. Mr Martin Kavanagh Executive Director Mr Kavanagh has worked widely within the exploration and mining industry throughout Australia and offshore in Indonesia and the Southwest Pacific regions. He is an exploration geologist with 37 years extensive experience acquired through fieldwork, research and management of Australia-wide and offshore programmes. Mr Kavanagh joined the Deep Yellow Board in October 2005. Ms Gillian Swaby Non-Executive Director Ms Swaby has been involved in financial and corporate administration, as both Director and Company Secretary covering a broad range of industry sectors for over 25 years. Ms Swaby has extensive experience in the area of secretarial practice, management accounting and corporate and financial management and sits on a number of advisory committees. Ms Swaby is currently the Company Secretary of Paladin Resources Ltd and was a member of the Paladin Board for a period of 9 years. Ms Swaby is the principal of a corporate consulting company and past Chair of the Western Australia Council of Chartered Secretaries of Australia and a former Director on their National Board. Ms Swaby joined the Deep Yellow Board in October 2005. Mr Rudolf Brunovs Non-Executive Director Mr Brunovs is a former audit partner of the International Chartered Accounting firm Ernst & Young and practiced in a number of offices in Australia and overseas. For a total period of twelve years he held the position of Managing Partner of the Parramatta NSW and subsequently the Perth office of the firm. He was a member of the Minerals and Energy Division with Ernst & Young. Mr Brunovs was appointed to the Deep Yellow Board in August 2007. Mr Mark Pitts Company Secretary Mr Pitts is a Chartered Accountant with over twenty years experience in statutory reporting and business administration. He has been directly involved with, and consulted to a number of public companies holding senior financial management positions. Mr Pitts is a Partner in the advisory firm Endeavour Corporate (Endeavour). Endeavour offers professional services focused on Company Secretarial support; corporate advice; supervision of ASIC and ASX reporting and compliance requirements; and commercial and financial support. Endeavour acts for a number of ASX listed and unlisted Public Companies including Deep Yellow Limited.

ANNUAL REPORT

PRESENTATIONS

COMPANY DATA

	Headquarters	Level 1
		329 Hay Street
		Subiaco, Perth WA 6008
		Australia
	Telephone	+61-8-9286-6999
	Fax	+61-8-9286-6969
	Principal Sector	Mining
	Principal Industry	Energy
	Listed	1985/12/19
	Homepage	www.deepyellow.com.au

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Key Developments: Deep Yellow Limited

	Asian Activities Report for October 13, 2011: Latrobe Magnesium (ASX:LMG) Moves Towards Bankable Feasibility Study OCT 13, 2011 12:31 - Article Views: 1,180 Asian Activities Report for October 13, 2011 includes: Latrobe Magnesium Limited (ASX:LMG) has completed its Pre-Feasibility Study of a plant to produce 10,000 tonnes of magnesium per annum from the brown coal fly ash at the Latrobe Valley's Hazelwood power station; Northern Star Resources Limited (ASX:NST) today announced the most spectacular resource extension drilling results yet at its Paulsens Gold Mine in Western Australia; Deep Yellow Limited (ASX:DYL) has completed a maiden Mineral Resource estimate for its MS7 Prospect in Namibia; MOD Resources Limited (ASX:MOD) has reached an agreement with a wholly owned subsidiary of OceanaGold Corporation (ASX:OGC) to earn up to 80% of New Zealand's largest undeveloped gold deposit, Sams Creek.
	Successful Exploration Programme Grows Deep Yellow Limited (ASX:DYL) Queensland Resource Base JULY 8, 2011 08:59 - Article Views: 728 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce results from a very successful exploration programme on its Queensland tenements. The results, provided by Coffey Mining Pty Ltd (Coffey), outline a new, increased Indicated and Inferred JORC Code Mineral Resource estimate for the region of 4.7 million tonnes at 460 ppm for 4.8 Mlbs U3O8 at a 300 ppm cut-off.
	Deep Yellow Limited (ASX:DYL) Appoints Mr Werner Messidat as General Manager: Projects JULY 7, 2011 09:29 - Article Views: 1,331 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce the appointment of Mr Werner Messidat as General Manager: Projects.
	Deep Yellow Limited (ASX:DYL) Announce New High-Grade Uranium Discovery at Alaskite JULY 6, 2011 09:00 - Article Views: 1,004 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that its wholly-owned Namibian operating entity, Reptile Uranium Namibia Ltd ('RUN') has made a new alaskite discovery at target MS7, which was recently identified from structural and geological mapping. MS7 is only 2.5 kilometres southwest of the company's Ongolo Alaskite deposit, which has a JORC compliant resource of 6.9 Million tonnes at 410 ppm for 6.2 Million Pounds U3O8 at a 275 ppm cut-off. Ongolo is a key component of the Company's flagship Omahola Project.
	More High Grade Uranium Intercepts Extend Deep Yellow Limited (ASX:DYL) Ongolo Alaskite Resource Area JUNE 29, 2011 08:57 - Article Views: 873 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that chemical assay results have confirmed additional high-grade intercepts from a drilling programme at its Ongolo Alaskite resource area. The Ongolo Alaskite deposit is a key component of the Company's flagship Omahola Project in Namibia.
	Deep Yellow Limited (ASX:DYL) Licences Not Affected By Proposed Namibian Minerals Policy Changes MAY 12, 2011 12:22 - Article Views: 1,110 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) today provided an update on its Namibian mineral licences in the context of the recent statements and a press release by the Namibian Minister of Mines and Energy regarding proposed Mineral Policy changes.
	Deep Yellow Limited (ASX:DYL) Announce Maiden Uranium Resource For High Grade Ongolo Deposit MAY 12, 2011 09:24 - Article Views: 1,145 Advanced uranium explorer, Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that Coffey Mining Pty Ltd (Perth) has completed a maiden Mineral Resource estimate for the Ongolo Alaskite deposit. The deposit is located on EPL 3496 which is held 100% by DYL's wholly-owned Namibian subsidiary, Reptile Uranium Namibia (Pty) Ltd (RUN).
	Toro Energy Limited (ASX:TOE) Commences Uranium Drilling In Namibia MAY 10, 2011 10:31 - Article Views: 1,337 Nova Energy Namibia Pty Ltd (owned by Deep Yellow Ltd, Toro Energy Limited (ASX:TOE) and Sixzone Investments) will commence an approximate 10,000m reverse circulation drilling program this week on their tenements in Namibia. Deep Yellow Limited (ASX:DYL), operating through Reptile Uranium Namibia (Proprietary) Limited, will manage this program designed to test the "Alaskite-style" uranium potential of EPL 3669. The approximate drill lines are shown on Figure 1 and are subject to strict environmental and rehabilitation conditions.
	Deep Yellow Limited (ASX:DYL) Successful Pilot Plant Testwork Upgrades Tubas Red Sand Deposit APR 6, 2011 09:44 - Article Views: 1,311 Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce the completion of highly successful pilot plant testwork to upgrade the Tubas Red Sand Deposit, which is an important ore source for the Company's flagship Omahola Uranium Project in Namibia.
	Deep Yellow Limited (ASX:DYL) High Grade Uranium Intercepts Further Enhance Ongolo Alaskite Project MAR 16, 2011 09:41 - Article Views: 1,530 Namibian-focussed advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that it has confirmed further significant high-grade uranium intercepts from its drilling programme at its Ongolo Alaskite Project.

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