These EPLs comprise the 100% owned Reptile Project tenements that contain the bulk of the surficial calcrete resources of the Company located within the highly prospective Tumas palaeochannel (86Mlb U3O8 grading 306ppm) and the basement alaskite
resources of 45.1Mlb grading 420ppm U3O8.
Granite and alaskite
from the Late Variscan, located in the southern and eastern of the mining area, mainly occur as batholite or stock.
The Omahola project will comprise a processing plant and will treat ore from its Ongolo and MS7 Alaskite
deposits and the INCA uraniferous magnetite deposit.
At the completion of the MS7 drill programme, three RC holes were drilled to test anomalous alaskite
scree east of the marble footwall to the MS7 deposit.
Ferguson (1946) and Ferguson and Weeks (1950) subdivided the slate series and felsite into an older unit of andesite, chlorite schist, rhyolite, and felsite, intruded by younger granite and alaskite
, and overlain by Carboniferous sedimentary rocks of the Horton Group.
The company managing director, Peter McIntyre, said, 'Rossing South is the first new alaskite
hosted uranium discovery in Namibia in many years and is shaping up as the most significant discovery since the SJ deposit at the Rossing Mine.'
The column leach test, conducted at Gecko Laboratories in Swakopmund, was on a composite of samples collected from seven diamond drill holes located across the Ongolo and MS7 alaskite
Perth, Australia, July 6, 2011 - (ABN Newswire) - Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that its wholly-owned Namibian operating entity, Reptile Uranium Namibia Ltd ('RUN') has made a new alaskite
discovery at target MS7, which was recently identified from structural and geological mapping.
Helmstaedt (1968) described the granite as mainly alaskite
, described intrusive contacts with adjacent units, and considered the pluton to be Devonian.
Deep Yellow's Omahola Project has a JORC compliant resource of 38.2 million tonnes at 441 ppm for 37.0 Mlbs U3O8 from three hard rock deposits, Ongolo Alaskite
, MS7 Alaskite
and the INCA uraniferous magnetite deposit.
Perth, Australia, June 29, 2011 - (ABN Newswire) - Advanced stage uranium explorer Deep Yellow Limited (ASX:DYL) (PINK:DYLLF) is pleased to announce that chemical assay results have confirmed additional high-grade intercepts from a drilling programme at its Ongolo Alaskite
in the Blacks Harbour Granite (Helmstaedt 1968), occupies most of the area within this fault block.