The annoucnement below pushed MLS up about 20% today. Do you reckon there's anything we can take from this in regard to DYL. I see 'mile 72' is in "the same geographical area that hosts the Langer Heinrich and Rossing uranium deposits".
Could be a good sign??
Metals Australia Ltd (‘Metals’) is pleased to announce that the reconnaissance exploration programme at its Mile 72 project (100% MLS) in Namibia has generated ore grade uranium assays from calcrete sampling within a recently identified palaeochannel system.
The Mile 72 project has had little or no exploration in the last 30 years and has yet to be
explored utilising modern exploration techniques. The project shows strong potential to host near surface, pedogenic uranium deposits, following a reconnaissance radiometric and sampling survey recently undertaken by Metals Australia.
Mile 72 Project Summary
The Mile 72 (Exclusive Prospecting License 3308) project is located on the central coast of Namibia, within the Erongo province, the same geographical area that hosts the Langer Heinrich and Rossing uranium deposits. The Mile 72 project covers an area of over 7200 hectares and is accessed via the Swakopmund-Henties Bay coastal road and internal tracks.
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