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Deep Yellow receives renewal for 2 Namibia prospecting licenses

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Deep Yellow receives renewal for 2 Namibia prospecting licenses

Deep YellowLtd. said April 28 that two uranium prospecting licenses in Namibiaheld by Deep Yellow's subsidiary Reptile Uranium Namibia (Pty.) Ltd. have been renewedfor another two years.

The renewal of the licenses will allow Deep Yellow tocontinue work programs on the Omahola project, as well as the Tumas/Tubaspalaeochannel calcrete project.

Another license, known as Ripnes, was relinquished.

Deep Yellow is undertaking metallurgical testwork on a bulksample from the Tumas deposit.