Tumas 3 Deposit, Namibia - Follow Up Drilling Commenced
Tumas 3 Deposit, Namibia - Follow Up Drilling Commenced
Perth, Nov 3, 2017 AEST (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) (Deep Yellow) is pleased to report that a 2,000m RC drilling program is commencing 3 November 2017 on its Tumas 3 uranium deposit in Namibia located within EPL 3496.

This drilling will target the immediate extensions of the Tumas 3 deposit for which a maiden Inferred Resource was announced on 27 September 2017. This resource is open both to the east and west occurring with an extensive and highly prospective palaeochannel system. The drilling is designed to confirm continuation of the uranium mineralisation and also is preparatory to the larger drilling programs scheduled to commence on this project in February 2018.

About Deep Yellow Limited

Deep Yellow Limited ASX DYLDeep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) (Namibian Stock Exchange:DYL) is a specialist differentiated uranium company implementing a new 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. 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.



John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
F: +61-8-9286-6969
Email: john.borshoff@deepyellow.com.au

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