How much has Deep Yellow increased the uranium resource at Mulga Rock Project? — ASX:DYL| ASX Mining News & Discussion
Lykeshares Official
$DYL How much has Deep Yellow increased the uranium resource at Mulga Rock Project?

Strong Resource Upgrade Bolsters Mulga Rock Project's Value

Deep Yellow Limited (ASX: DYL) has announced a significant update to the Mineral Resource Estimate (MRE) for the Ambassador and Princess deposits within its wholly owned Mulga Rock Project (MRP) in Western Australia. This upgrade has revealed a 26% increase in uranium resources and more than a doubling of critical minerals inventory, marking a substantial step forward in the project's development.

The company is set to embark on a revised Definitive Feasibility Study (DFS) in Q2 2024, aiming to assess the viability of this expanded resource base. Deep Yellow's strategic advancements at MRP, coupled with progress at its flagship Tumas Project in Namibia, position it as a potential major player in the uranium production sector by 2026-2028.

Strategic Resource Expansion

The MRP's total contained uranium in the Mulga Rock East deposits has increased by 26% to 71.2 million pounds of U3O8.

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How much has Deep Yellow increased the uranium resource at Mulga Rock Project?

Lykeshares Official
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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