Logo
Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome to ShareScene - Talk Shares And Take Stock With Australia's Sharemarket Community - New Here? Click To Register >

108 Pages (Click to Jump) V  < 1 2 3 4 5 6 > »    
 
  
Reply to this topic

DYL, DEEP YELLOW LIMITED
hungry
post Posted: Feb 28 2012, 09:41 AM
  Quote Post


Posts: 2,967
Thanks: 271


In Reply To: Duster's post @ Feb 27 2012, 09:23 AM

Good spotting Duster
I think your onto a winner.

 
Duster
post Posted: Feb 28 2012, 08:50 AM
  Quote Post


Posts: 3,122
Thanks: 338


In Reply To: Duster's post @ Feb 27 2012, 09:23 AM

TRS PROJECT JORC RESOURCE INCREASED FROM 4.9 Mlbs TO 28.4 Mlbs





--------------------
Patience is the key to success.
 
Duster
post Posted: Feb 27 2012, 09:23 AM
  Quote Post


Posts: 3,122
Thanks: 338


Time for another look ?



--------------------
Patience is the key to success.
 
abner29
post Posted: Feb 7 2012, 02:29 PM
  Quote Post


Posts: 1,194
Thanks: 1737


Deep Yellow splits Namibia deposit, reports progress

By: Natasha Odendaal

6th February 20th

SWAKOPMUND, Namibia (miningweekly.com) – Australian uranium exploration company Deep Yellow has removed its Tubas Red Sand (TRS) deposit from its Omahola project, in Namibia.

The company’s flagship project, located near Swakopmund, initially comprised three deposits, namely Inca, TBS and Ongolo Alaskite, which included the newly discovered MS7 satellite Alaskite deposit.

TRS was taken out of the Omahola resource base as studies showed the potential of an economical standalone operation, even at a smaller scale of 250 t/y, up to 1 000 t/y. Further, the project offered the best short-term potential of fast-tracking the development of a hard rock higher-grade resource into production, said MD Greg Cochran during a site visit.

The project had an aggressive timeline to production, which Cochran said may need to be updated. A feasibility study on TRS, as well as construction should the project be approved, would start in 2012. Commissioning was expected mid-2013.

The mining licence application for the TRS deposit, as well as the Inca deposit, was submitted to the Namibian Ministry of Mines at the end of 2011.

The TRS deposit, a measured, indicated and inferred Joint Ore Reserves Committee- (Jorc-) compliant hard rock resource of 14-million tons at 160 parts per million (ppm) for 5-million pounds uranium oxide (U3O8), would become a shallow, free dig openpit mine. The uranium ore would be upgraded by physical beneficiation to produce a high-grade uranium-rich concentrate open to acid or alkali leaching.

This follows wholly owned Deep Yellow subsidiary Reptile Uranium Namibia’s (Run’s) successful test run of its Schauenburg pilot plant. The plant beneficiates ore to a higher-grade sand concentrate with a simple, nonchemical process, recovering more than 80% of the uranium in less than 20% of the deposit mass volume.

A second processing phase, to be located near the Inca deposit, would produce an intermediate product for possible offtake to Namibia’s existing uranium producers, such as Rio Tinto’s Rossing or Paladin’s Langer Heinrich.

Meanwhile, the Ongolo Alaskite deposit tripled its indicated and inferred Jorc-compliant resources from 6.9-million tons to 20.5-million tons at 400 ppm U3O8 for 18-million pounds U3O8 at 250 ppm cutoff. The MS7 satellite deposit more than doubled to 5.4-million tons at 470 ppm U3O8 for 5.6 million pounds of U3O8 at 250 ppm.

With the company’s concentrated effort and focus on critical mass within this region, further success was expected from these deposits, said Cochran. Environmental assessments on the deposits were expected to start near the end of 2012 with the completion of drilling on the site.

Meanwhile, Cochran pointed to a possible joint venture for the development of its newly discovered Shiyela iron-ore project, in Namibia.

“The company wished to retain a stake in the iron project and was examining options of bringing a partner on board to develop the project,” said Cochran. The company was not yet in talks with any potential partners.

Cochran said that, while a number of models could prove successful for the company, further assessments were required to gain clarity on its strategy taking the project forward.

Drilling in Shiyela was completed mid-2011, while a scoping study and environmental-impact assessment were completed late in 2011. The company started on ports studies and a definitive feasibility study was due to start mid-2012.

The project had a Jorc-compliant resource of 78.7-million tons at 18.8% iron. Capital expenditure for the iron-ore project was expected to reach $467-million with an operational expenditure of $78/lb.


Edited by: Mariaan Webb



Said 'Thanks' for this post: jtmlee  
 
abner29
post Posted: Dec 7 2011, 08:53 AM
  Quote Post


Posts: 1,194
Thanks: 1737


Deep Yellow declares maiden resource at Shiyela iron project By: Esmarie Swanepoel 6th December 2011 PERTH (miningweekly.com) - Africa-focused explorer Deep Yellow Resources has a maiden Joint Ore Reserves Committee-compliant inferred mineral resource of 78.8-million tons, at 18.88% iron, at its Shiyela iron project, in Namibia.

MD Greg Cochran said on Tuesday that the declaration of a maiden resource at Shiyela was another solid step forward in the assessment of the project.

“While we are pleased with the results, we recognize that more drilling and analysis must be done to enhance the resource base. In the meantime, our consultants are currently finalising the scoping study and the market can expect an announcement in that regard next week,” Cochran said.

The exploration programme to define the maiden resource consisted of 201 reverse circulation (RC) and diamond drill holes for 38 473 m of drilling over two deposits. Both deposits were open to depth, and reconnaissance drilling has confirmed lateral extensions to one of the deposits.

Cochran noted that a large diameter diamond drilling programme has now started to provide core for the next phase of metallurgical test work, as part of the planned feasibility study.

The programme would comprise at least three holes at both the deposits, to generate some 16 t of mineralised material.

Subject to the availability of funding for the project, a programme of RC and diamond drilling to target lateral and depth extensions would also be conducted in 2012. In addition, RC drilling would also be conducted to outline additional resource potential.




Edited by: Creamer Media Reporter

 
abner29
post Posted: Nov 8 2011, 03:17 AM
  Quote Post


Posts: 1,194
Thanks: 1737


Resources updated at African projects 07 November 2011 Uranium resources at the Ongolo Alaskite deposit in Namibia have tripled, while resources for the Mkuju River project in Tanzania have increased by 42% in newly released JORC-compliant figures.




Exploration work at the Ongolo Alaskite deposit (Image: Deep Yellow)



Latest figures released by Australian exploration company Deep Yellow for the Ongolo Alaskite deposit show a total of 18 million pounds U3O8 (6924 tU) at a 250 ppm cut-off, 11.8 million pounds (4539 tU) up from estimates released in May 2011. Of the total Ongolo resources, 13.2 million pounds (5077 tU) is categorised as "indicated", meaning that its tonnage, densities, shape, physical characteristics, grade and mineral content can be estimated with a reasonable level of confidence. The remainder is classed as "inferred", meaning that it can be estimated with a lower level of confidence from geological evidence and continuity but has not yet been verified.

The Ongolo Alaskite deposit was discovered by Deep Yellow's Namibian subsidiary Reptile Uranium Namibia in April 2010 and forms part of the Omahola project, along with the high-grade Inca deposit and the Tubas Red Sand deposit. The new figures bring the total resource estimate for Omahola to 38.6 million pounds U3O8 (14,847 tU), but this could increase still further with a resource upgrade for the satellite MS7 deposit expected by the end of the year.





Said 'Thanks' for this post: Digger  
 


veeone
post Posted: Jul 4 2011, 02:01 PM
  Quote Post


Posts: 5,049
Thanks: 1115


Deep Yellow Is a uranium exploration and development company currently focused on advanced resource development projects in Namibia and Australia (QLD). While more speculative in nature, interim data on its proposed 2.2mlbpa Omahola Project in Namibia is encouraging with potential production in 2014. Economics look very robust (~US$25/lb U3O8 opex) and are likely to be enhanced by the inclusion of the new Ongolo high grade discovery in the PFS due the second quarter of 2011. While DYL’s flagship Omahola project looks increasingly more compelling, the the share price (currently $0.16) gets worse - this presents an attractive entry point.
http://www.thebull.com.au/articles/a/20952...nium-plays.html



Said 'Thanks' for this post: abner29  
 
Duster
post Posted: Feb 1 2011, 07:14 AM
  Quote Post


Posts: 3,122
Thanks: 338


Bailed out of this one way too early. I notice many "U" companies down yesterday ............ any reason ?



--------------------
Patience is the key to success.
 
jtmlee
post Posted: Jan 10 2011, 05:37 PM
  Quote Post


Posts: 101
Thanks: 431


In Reply To: abner29's post @ Jan 10 2011, 10:20 AM

Interesting to read the production cost is much lower than BMN, so when it was in the $40 mark this is still making money in theory.

Interesting also that they want to include Ongolo into the DFS. The grading is superior to INCA and this should at least maintain the production cost per lb. I will have to be more patient and wait for the DFS metrics. Have been patirntly for 1.5 years.

 
abner29
post Posted: Jan 10 2011, 10:20 AM
  Quote Post


Posts: 1,194
Thanks: 1737


Deep Yellow receives favorable pre feasibility study.

http://stocknessmonster.com/news-item?T=gA...YL&N=523941

 
 


108 Pages (Click to Jump) V  < 1 2 3 4 5 6 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareScene.com, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING