Chamwe Kaira
Deep Yellow Limited has reported promising results from its latest drilling campaign at the newly identified Tinkas prospect in Namibia’s Erongo Region. The site lies within exclusive prospecting licence 3496, adjacent to the company’s flagship Tumas project on mining licence 237.
The chief financial officer and acting chief executive officer, Craig Barnes, said the exploration team completed a reverse circulation drilling programme between 23 September and 14 October 2025 to test a strong radiometric surface anomaly aligned with a network of palaeochannels, ancient river systems known to host uranium deposits in the region.
A total of 105 drill holes were completed, covering 1 137 metres. Of these, 28 holes, representing about 27%, intersected uranium mineralisation of at least one metre in thickness and a minimum grade of 100 parts per million.
The mineralisation found within sediments averaged 2.9 metres in thickness, with some zones extending up to 11 metres.
“The initial results from the Tinkas prospect are encouraging,” Barnes said.
“We have identified thick, mineralised sediments that show the potential to contribute to the growing resource base at Tumas.”
Deep Yellow said that, although the exploration target at Tinkas is still small, the findings could strengthen the company’s overall uranium inventory in Namibia.
The company is pursuing a dual-pillar growth strategy to become a globally diversified uranium producer, targeting more than 10 million pounds of uranium oxide annually. Its portfolio includes advanced projects at Tumas in Namibia and Mulga Rock in Western Australia, along with exploration assets at Alligator River in Australia’s Northern Territory and Omahola in Namibia.
With nuclear energy gaining traction as a clean and reliable power source to achieve global zero-emission goals, Deep Yellow believes it is well positioned to become a stable uranium supplier with production flexibility and geographic diversity.
Namibia is the world’s fourth-largest uranium producer, accounting for about 6% of global output. The Erongo Region alone has produced more than 350 million pounds of uranium oxide over the past 45 years.
The region hosts significant uranium resources across a corridor roughly 200 kilometres long and 65 kilometres wide, including operations such as Rössing, Husab, and Langer Heinrich.
Deep Yellow considers Namibia a supportive mining jurisdiction with strong infrastructure and favourable conditions for uranium exploration and development.
Caption
Namibia is highly regarded as a mining jurisdiction.
- Photo: Contributed
