Uranium play Deel Yellow Limited (ASX: DYL) said it had found significant critical minerals at its flagship project in Western Australia.

The company said this week it had found critical minerals, including copper, nickel, cobalt, zinc, neodymium, praseodymium, terbium and dysprosium.

The company told shareholders the assessment is part of an ongoing process ahead of a DFS upgrade.

“The most notable change and opportunity identified from the review was the potential value uplift from the possible inclusion of contained base metals (copper, nickel, cobalt and zinc) and rare earth elements (particularly neodymium, praseodymium, terbium and dysprosium), considered and referred to in this document collectively as critical minerals,” Deep Yellow said.