Deep Yellow Confident in Long-Term Viability of Tumas Project with Upgraded Reserves
The Future of Deep Yellow’s Tumas Project
Deep Yellow, an ASX-listed company, has recently made headlines with its assertion that upgraded reserves from its Tumas project will prolong its operational lifespan to over 35 years. The latest mineral resource estimate involves the Tumas 1, Tumas 1 East, Tumas 2, and Tumas 3 deposits located in Namibia, showing promising increases in both measured and indicated mineral resources.
Key Highlights
- Extended Project Life: The project is now expected to last for over 35 years.
- Mineral Resource Growth: Significant increases were noted across various deposits.
- Market Confidence: Strong backing from investors and analysts following the announcement.
This remarkable update not only showcases the potential of the Tumas project but also positions Deep Yellow as a significant player in the uranium market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.