Thursday , May 23 2024

Deep Yellow’s Tumas project on track

Reptile Uranium’s pre-feasibility study (PFS) at Tumas Project continues to progress on schedule, with a number of key work-streams being advanced, the parent company Deep Yellow has reported.

Deep Yellow said a sufficient level of metallurgical work has been completed, which has allowed to adequately define the project metallurgy.

The company further announced that it has now appointed Ausenco Services to complete the required engineering and capital cost estimate for the project, based on process flow diagrams, process design criteria (PDC) and metallurgical models.

The scope of services to be covered by Ausenco will include but is not limited to reviewing the PDC provided by Deep Yellow and adding detail where required for the beneficiation and leaching circuits to allow equipment sizing, developing a Mechanical Equipment List, focused on major equipment (mills, thickeners, packaged plant); and developing a Class 4 level capital cost estimate based on major equipment quotes and factors.

Meanwhile Ausenco is required to deliver a Basis of Estimate to be utilised by Deep Yellow as a key element of the PFS and associated financial modelling.

The PFS, scheduled for completion in the December 2020 quarter, is being undertaken in parallel with the development of the Environmental Impact Statement (EIS) for the Project.

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