Deep Yellow Limited (DYLLF)

[wzebra33]

07-58 First Results from Queens Gift Drilling
09 Aug http://www.deepyellow.com.au/news/asx/070809_queensgift.pdf
Page No. 1
DEEP YELLOW
LIMITED
ABN 97 006 391 948
Level 1 329 Hay Street Subiaco WA 6008
PO Box 1770 Subiaco WA 6904
Tel : [phone]
Fax : [phone]
Email: [e-mail]
Website: www.deepyellow.com.au
09 August 2007
FIRST RESULTS FROM QUEENS GIFT DRILLING
• Broad uranium intersections within Quartz – Haematite Breccia alteration zones
The Directors are pleased to announce that the assay results for the first 14 holes of an initial 39 hole RC drill
programme at its 100% owned (EPM15070) Queens Gift Prospect (as reported in the June Quarterly Report - ASX
release 25 July 2007) have confirmed the presence of broad zones of uranium mineralisation within Quartz – Haematite
Breccia altered rock.
Significant intersections include:
Hole No. Depth Interval
(m)
U3O8
(ppm)
12-14 2 1,056
34-44 10 760
DQRC_0006
Inc 38-44 6 1,121
DQRC_0009 19-25 6 489
Inc 19-22 3 763
DQRC_0010 40-44 4 537
DQRC_0013 19-25 6 1,528
Inc 19-23 4 2,227
DQRC_0014 41-44 3 1,418
69-73 4 608
A further 16 holes have been completed and the samples submitted for assay. The results from these holes will enable
Deep Yellow’s geologists to better understand the style and distribution of mineralisation and a more comprehensive
report will be published at that time. The last 9 holes in this planned round of drilling will be completed after the field
crew’s scheduled 2 week break before moving on to drilling at the Miranda Prospect (EPM14281, NW Queensland JV).
Dr Leon Pretorius
Managing Director
Further Information:
Mr Martin Kavanagh
Executive Director
[phone]
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on
information compiled by Dr Leon Pretorius a Fellow of The Australasian Institute of Mining and Metallurgy. Dr Pretorius
has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to
the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Pretorius consents to the inclusion
in the report of the matters based on his information in the form and context in which it appears.