The intersections, which have been confirmed by XRF Fusion chemical assay, include some of the highest grades ever recorded in RUN’s alaskite drilling programmes.
Drilling has extended the resource to the north and west although infill drilling has enhanced confidence in continuity from section to section.
The assay results include: 3m at 5,531 parts per million (ppm) U3O8 from 172m depth in hole ALAR847; together with 6m at 2,303 ppm from 265m in hole ALAR793 indicate significant high grade potential at depth below 200m vertical depth which has yet to be tested.
Deep Yellow said the resource upgrade for the MS7 deposit has commenced and will be completed before the end of November, 2011.
Deep Yellow Limited is an advanced stage uranium exploration Company with extensive operations in the southern African nation of Namibia and in Australia.
