Toro and Deep Yellow drill Namibia

Nova Energy Namibia, which is owned by a consortium including Deep Yellow, Toro Energy and Sixzone Investments, is to commence a drilling program of approximately 10,000m RC drilling on its tenements in Namibia.

 Deep Yellow, operating through Reptile Uranium Namibia, will manage the program, which has been designed, subject to strict environmental and rehabilitation conditions, to test the “Alaskite-style” uranium potential of EPL 3669.

According to a Toro Energy release, “The drilling will evaluate the western strike extension of uranium mineralisation recently reported by Extract Resources at the Pizarro prospect (8m metres @ 638 ppm U3O) along with other targets related to low magnetic responses contained within a stratigraphic and structural corridor.”

“Holes will be drilled to a nominal 150m depth. All holes will be gamma probed and anomalous zones will be assayed.”