Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) (Namibian Stock Exchange:DYL) is a differentiated, advanced uranium exploration company, in predevelopment phase, implementing a contrarian strategy to grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in Namibia and the pursuit of accretive, counter-cyclical acquisitions to build a global, geographically diverse asset portfolio. A PFS has recently been completed on its Tumas Project in Namibia and a DFS commenced February 2021. The Company's cornerstone suite of projects in Namibia is situated within a top-ranked African mining destination in a jurisdiction that has a long, well-regarded history of safely and effectively developing and regulating its considerable uranium mining industry.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that Managing Director and CEO John Borshoff will present at the H.C. Wainwright Spring Mining Conference on Monday 19 April at 10:30am (ET - United States Eastern Time Zone) / 10.30pm (WST - Australia Western Standard Time).
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) completed a highly positive PFS in Jan '21 on the Tumas palaeochannel project, delivering excellent results.
Deep Yellow Limited's (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) activities for the six-month period to 31 December 2020 continued advancing both the Company's Namibian Projects and completion of the Tumas Pre-Feasibility Study (PFS), together with continued M&A efforts.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that the placement announced on 18 February 2021 (Placement) has been successfully completed.
The Directors of Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) are pleased to announce that the Company has received commitments from qualified, institutional, sophisticated and professional investors to raise approximately A$40.8M.
Deep Yellow is pleased to advise that follow-up drilling at the Barking Gecko prospect resumed in February, post the Christmas break, and has returned highly encouraging results from the latest two holes drilled.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the commencement of the Tumas 3 Reverse Circulation (RC) infill drilling program, located on EPL3496.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the completion of the Tumas Pre-Feasibility Study (PFS).
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that the Company has been named in the 2021 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market In 2020.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) completed the second phase of the September/October RC drilling program at the Tumas 3 deposit, located on EPL3496 in October. The project is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN).
