[ad_1]
HIGHLIGHTS
– Profitable Reverse Circulation drilling accomplished on the S-Bend prospect, with 452 drill holes accomplished for 3,361 m
– The S-Bend prospect is situated inside the Unique Prospecting Licence 3497 and located adjoining to the flagship Tumas Mission on Mining Licence 237
– Drilling recognized mineralisation with thicknesses as much as 8 m from floor, with greatest intersections together with:
o SB0247: 8 m at 332 ppm eU3O8 from 1 m
o SB0560: 2 m at 1,217 ppm eU3O8 from floor
o SB0147: 5 m at 407 ppm eU3O8 from 1 m
o SB0156: 5 m at 367 ppm eU3O8 from 1 m
o SB0282: 4 m at 378 ppm eU3O8 from 1 m
– Greater-grade mineralisation recognized on the S-Bend prospect is remoted to 4 major clusters, with additional detailed drilling required to delineate a useful resource base related to these clusters
– Importantly, potential so as to add to the Tumas useful resource and lengthen past the present 30-year Lifetime of Mine is additional enhanced with discoveries being made such because the S-Bend prospect
The shallow tributaries discovered on this space are collectively known as the S-Bend prospect. This Prospect has in earlier years undergone restricted drill testing at a number of places which confirmed presence of shallow, low-grade mineralisation and regarded worthy of follow-up drilling to check for continuity of uranium presence.
The Reverse Circulation (RC) follow-up drill program on the S-Bend prospect commenced on 9 July 2025 and was accomplished on 22 September 2025.
A complete of 452 holes have been accomplished for 361 m (refer Determine 2* and Appendix 1, Desk 1*).
Roughly one-third of the holes drilled intersected mineralisation grades exceeding 100 ppm eU3O8 over a minimal thickness of 1 metre (refer Appendix 1, Desk 2*).
Drill gap and line spacing various throughout the prospect, starting from 50 m by 50 m in areas with beforehand recognized mineralisation to 500 m by 200 m spacing within the unexplored zones.
Outcomes
The S-Bend prospect consists of a set of shallow tributaries feeding into the primary Tumas palaeochannel. The Tertiary valley fill on the S-Bend prospect is comparatively skinny, sometimes only some metres in thickness. Surficial uranium mineralisation was intersected not solely inside the Tertiary sediments, but additionally within the underlying fractured and/or foliated Proterozoic bedrock. The bedrock is predominantly composed of schist and gneisses of the Tinkas Formation related to granodioritic intrusions.
Mineralisation is distributed in close to equal proportions between the Tertiary cowl sediments and the underlying bedrock. Mineralisation is shallow, in some circumstances ranging from floor, with a most thickness as much as 8 m. The common mineralised thickness is roughly 2 m, holding a median grade of 196 ppm eU3O8. Finest intersections (refer Appendix 1, Desk 2*) from this system included:
– SB0247: 8 m at 332 ppm eU3O8 from 1 m
– SB0560: 2 m at 1,217 ppm eU3O8 from floor
– SB0147: 5 m at 407 ppm eU3O8 from 1 m
– SB0156: 5 m at 367 ppm eU3O8 from 1 m
– SB0282: 4 m at 378 ppm eU3O8 from 1 m
The equal uranium values (eU3O8) are decided from downhole radiometric gamma logging carried out by educated Deep Yellow personnel utilizing a completely calibrated AusLog gamma logging system.
Conclusions
As outlined in Determine 3* cross-section, roughly 4 km of the potential tributaries within the SBend prospect space have been examined throughout this drilling marketing campaign with the higher-grade mineralisation remoted to 4 major clusters as proven in Determine 2*. These areas would require detailed drilling to delineate a useful resource base related to these clusters and can assist to increase the present ore reserves already recognized for the Tumas Mission situated within the adjoining ML237.
The potential so as to add to the present useful resource base at Tumas and lengthen past the presently said 30-year Lifetime of Mine of this Mission is additional enhanced with discoveries comparable to recognized on the S-Bend prospect.
*To view tables and figures, please go to:
https://abnnewswire.internet/lnk/Z9651BJW
About Deep Yellow Restricted:
Deep Yellow Restricted (ASX:DYL) (OTCMKTS:DYLLF) is efficiently progressing a dual-pillar development technique to determine a globally diversified, Tier-1 uranium firm to provide 10+Mlb p.a.
The Firm’s portfolio incorporates the biggest uranium useful resource base of any ASX-listed firm and its tasks present geographic and growth variety. Deep Yellow is the one ASX firm with two superior tasks – flagship Tumas, Namibia (Last Funding Resolution anticipated in 1H/CY24) and MRP, Western Australia (advancing by means of revised DFS), each situated in Tier-1 uranium jurisdictions.
Deep Yellow is well-positioned for additional development by means of growth of its extremely potential exploration portfolio – ARP, Northern Territory and Omahola, Namibia with ongoing M&A centered on high-quality belongings ought to alternatives come up that greatest match the Firm’s technique.
Led by a best-in-class crew, who’re confirmed uranium mine builders and operators, the Firm is advancing its development technique at a time when the necessity for nuclear vitality is turning into the one viable choice within the mid-to-long time period to supply baseload energy provide and obtain zero emission targets.
Importantly, Deep Yellow is on observe to turning into a dependable and long-term uranium producer, in a position to present manufacturing optionality, safety of provide and geographic variety.
Supply:
Deep Yellow Restricted
Contact:
John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
E: john.borshoff@deepyellow.com.au
W: www.deepyellow.com.au
Media:
Cameron Gilenko
T: +61-466-984-953
e: cgilenko@citadelmagnus.com
[ad_2]
