Yellow Dune Joint Venture (85% DYL)

The Yellow Dune JV comprises one Mineral Deposit Retention Lease (MDRL) covering a drilled-out uranium resource of the palaeochannel/calcrete-type at Aussinanis.  This deposit has a total Resource of 18Mlb U3O8 at 237ppm.

At this stage, the economic environment for uranium does not warrant further work on this Project, hence the conversion of the EPL to a MDRL.