ISA WEST

Deep Yellow Limited updated drill results in projects in the Mt Isa District in Queensland, Australia. The Mount Isa district 2009 RC programme currently totals 155 holes for 22,138 metre drilled and 6,850 samples collected. RC drilling programmes have been concluded at Isa West and Queens Gift. RC drilling at Slance NW has commenced and the Leichhardt JV programme is expected to commence in November and finish before mid December. Diamond drilling at Queens Gift and Ewen is also expected to be completed at the same time weather permitting. From Isa North, Queens Gift Prospect, best results include 38 metre at 426 ppm U3O8 from 197 metre. Downhole gamma results (eU3O8) from RC drilling on the Slance NW Prospect has returned significant mineralisation, namely, 28 metre at 1,074 ppm eU3O8 from 107 metre and 15 metre at 661 ppm eU3O8 from 155 metre. At Isa West, the second phase of RC drilling is now complete. Of significance are the final deep intercepts at ± 200 metre vertical depth at the Thanksgiving and Bambino Prospects. Thanksgiving Prospect intersections include, 18 metre at 454 ppm U3O8 from 246 metre and from the Bambino Prospect intersections include, 15 metre at 509 ppm U3O8 from 194 metre.

Deep Yellow reported drill results from the Thanksgiving prospect, Isa West project in Queensland, Australia. Best intersections include 55.0 meters at 0.0587% U3O8 from 27.0 meters in hole TGRC009.

Deep Yellow reported drill results at Isa West project in Queensland, Australia. At the Eldorado prospect, best results came from hole ENRC002 intersecting 6.0 meters of 0.195% U3O8 from 15.0 meters. At Bambino prospect, hole BBRC014 returned 0.0593% U3O8 over 5.0 meters from 53.0 meters. The mineralised intercepts returned from the Eldorado and Bambino prospects have extended the mineralisation intersected in 2008 at both prospects.