The acquisition of the Uranium Rights to the Tanami tenements...

The acquisition of the Uranium Rights to the Tanami tenements represents a major
opportunity to Deep Yellow to gain access to large areas of the Tanami-Arunta Province. The
ability to share management costs to maintain such a grouping with a stable and successful
partner is also a major plus.
The Tanami-Arunta Province presents a range of Uranium targets that, in general, have been
neglected over the past 10-15 years. The Tanami Province is probably the only realistic target
area for the Unconformity-Style Uranium left in Australia outside the National Parks (Rudall
River and Alligator River) and Arnhem Land.
The acquisition builds on the Company’s existing Napperby and Northeast Arunta Projects
and provides significant potential for further work on areas which have been previously
explored by other companies in the 1970’s exploration boom.