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Deep Yellow Advances Uranium Exploration Across Key Projects

Deep Yellow Limited (ASX: DYL) reported progress from its March 2026 exploration programs across Namibia and Australia. At the Tinkas Prospect in Namibia, a reverse circulation drilling campaign comprising 133 holes over 1,363 metres was completed, confirming uranium mineralisation within palaeochannel sediments and basement rocks. Key drill results included intersections of 11 metres at 265 ppm eU₃O₈ and 4 metres at 244 ppm eU₃O₈, highlighting encouraging resource potential.

In Australia, the Alligator River Project advanced with the completion of a seismic survey at the Condor Prospect. The survey mapped subsurface structures and identified several priority drill targets to support the 2026 exploration program.

Overall, these developments strengthen the company’s exploration pipeline, with further drilling and evaluation expected to enhance resource definition and support long-term uranium project development.

 

 

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