Deep Yellow Limited (AU:DYL) has released an update.
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Deep Yellow Limited has announced an 18% increase in the Ore Reserve Estimate for its Tumas Project, raising it to 79.3 million pounds of uranium oxide, enough to support a 30-year mine life. This reserve upgrade was achieved through increased throughput, as detailed in the company’s Definitive Feasibility Study. The company sees further potential for extending the mine life by upgrading the remaining mineral resources in the Tumas Palaeochannel system.
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