These fast biodegradable metals are currently being commercialized for multi-stage hydraulic stimulation, reducing the cost of completing an oil and gas well by tens to hundreds of thousands of dollars per well by eliminating the need for coiled tubing drill-outs
Its flagship is the Omahola Project currently under Pre-Feasibility Study with concurrent resource drill-outs
on the high grade Ongolo Alaskite - MS7 trend.
DYL's principal exploration and development activity is in Namibia through its 100% owned subsidiary Reptile Uranium Namibia P/L (RUN) with a focus on the Omahola Project Pre-Feasibility Study with concurrent resource drill-outs
on the mid to high grade INCA primary uraniferous magnetite deposit and in the secondary uranium mineralisation Tumas-Oryx-Tubas palaeochannel fluviatile sheetwash systems.
The focus will now change to completions of Beaver Hill #2 through #5 through a combination of open hole drill-outs
and cased hole perforations.