Deep Yellow Limited announced that initial diamond drilling has confirmed the continuation of uranium mineralisation at depth at its Thanksgiving and Bambino Prospects at Isa West in the Mount Isa district, Queensland, Australia. In addition, mineralisation has been extended with another wide
intercept at the Queens Gift Prospect. Highlights include hole TGDC004 (Thanksgiving Prospect) intersecting 29.0 m grading 383 ppm U3O8 from 429.0 m including 18.0 m grading 544 ppm U3O8 from 429.0 m.
Deep Yellow announced XRF chemical assays results from the reverse circulation drilling at Miranda Prospect within EPM 14281 and Isa West located in Mount Isa district located in Queensland, Australia. Highlights include hole MRRC021 which intersected 4.0 m of 1,069 ppm U3O8 and hole ENRC014 which intersected 4.0 m of 1,134 ppm U3O8.
Deep Yellow announced initial Indicated and Inferred resources estimates for uranium prospects in the Mount Isa District, Queensland. At a 300 ppm U3O8 cut-off the Indicated and Inferred Mineral Resource estimate for the Isa West - Thanksgiving, Bambino and Eldorado North Prospects and the Queens Gift and Slance Prospects totals 3.64 million tonne at 420 ppm U3O8 for 1,540 tonne (3.4 Mlbs) of U3O8.
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