Deep Yellow Updates Ore Reserves of Namibian Project

MT Newswires Live

2024/12/18

Deep Yellow (ASX:DYL) updated the ore reserve estimate of the Tumas project in Namibia, according to a Wednesday filing with the Australian bourse.

The project's reserves stand at 120.1 million tonnes of material at 298 parts per million (ppm) triuranium octoxide for 79.3 million pounds of triuranium octoxide at a 100 ppm cutoff, the miner said in the filing.

The company's shares gained close to 1% in recent Wednesday trade.

Price (AUD): $1.19, Change: $+0.01, Percent Change: +0.84%

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