Deep Yellow LimitedASX: DYL

Nova JV Project - Scout Drilling Completed For 2018

· Issued by Deep Yellow Limited

Filed with ASX · · 21 pages · English

Summary by 6ix AI

Deep Yellow Limited has announced the completion of its exploration drilling program for the Nova Joint Venture project in Namibia, which involved extensive drilling across multiple targets. The campaign focused on both palaeochannels and basement targets, with notable uranium mineralisation encountered in several drill holes. While some areas did not yield economic mineralisation, the identification of previously unexplored palaeochannels with potential is seen as a positive outcome. Further drilling is planned for the upcoming year to explore these promising areas more thoroughly.

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