This is what the first batch yielded when James Pratt was on board,
"16 September 2005
Company Announcements Office
Australian Stock Exchange Limited
By e-Lodgement
5 pages
Dear Sir / Madam
RECEIPT OF FIRST ASSAY RESULTS FROM THE NAPPERBY PROJECT
The Directors of Deep Yellow Limited (Deep Yellow or Company) are pleased to announce
that the first batch of assay results from the resource definition drilling on its 100% owned
Napperby Project (150 km northwest of Alice Springs) have been received.
As previously advised there were 569 holes drilled in the programme, with each hole being
about 10 metre (m) deep. In excess of 2,700 samples were collected and submitted for
chemical analysis. This first batch of results consists of 486 samples representing 91 drill
holes or about 15% of the programme.
The results are in line with expectations based on past drilling however the quantity received
is not sufficient to draw any conclusions at this stage. Details of the most significant results
are presented in the two tables below along with the results of proximal historical drill holes for
comparison (All assays are reported in parts per million – ppm).
Table 1: These results represent one line of new drill holes (prefix NWE) at the western
margin of the drilled area (Area A in Figure 1) and are peripheral to the main mineralised
zone. The historical results shown (prefix WS) represent mineralised holes that are within
150m of the new holes.
Deep Yellow Limited - 2005
100m x 100m
Uranerz - 1979
400m x 300m holes within 150m of
above holes
From To Length U3O8 From To Length U3O8
(m) (m) (m) (ppm) (m) (m) (m) (ppm)
NWE007 1 2 1 845 WS65 2 2.5 0.5 250
NWE011 3 4 1 261 WS66 1 2 1 430
NWE021 3 10 7 381 WS85 4.5 5 0.5 480
NWE030 3 6 3 307 WS91 4 6 2 412
2
Table 2: These results represent a block of drill holes 2.5km east of the above holes
(Area B in Figure 1) covering an area of about 400m x 500m. Shown for comparison are
mineralised historical drill holes that fall within 150m of this group of holes.
Area B
Deep Yellow 100m x 100m
Hole Number From To Length U3O8
(m) (m) (m) (ppm)
NWE280 2 8 6 328
NWE281 3 6 3 409
NWE282 7 8 1 327
NWE284 6 7 1 311
NWE285 1 2 1 442
NWE286 3 6 3 594
NWE288 6 8 2 263
NWE289 5 6 1 204
NWE290 1 4 3 269
NWE292 4 6 2 418
NWE295 4 5 1 466
NWE298 4 5 1 266
NWE308 6 8 2 212
NWE322 5 6 1 522
NWE329 2 6 4 207
NWE330 1 2 1 225
Uranerz 400m x 300m holes within 150m of above holes
Hole Number From To Length U3O8
(m) (m) (m) (ppm)
WS25 3 7 4 343
WS26 5.5 6 0.5 310
WS31 6.5 7 0.5 230
WS32 3 6 3 363
WS191 1.5 4.5 3 317"
Pretorius expects subsequent batches to be of similar grades.
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