re: Ann: URA Drilling Underway at Emmanuel Ma...
I Like it! Uran drilling! good times!
Ground magnetic surveys were carried out in February around the pit, to assist with locating drilling. Further ground magnetic surveys are underway.
Uran and partner African Asian Mining Development Ltd are receiving strong expressions of interest in purchasing manganese due to the high grade and low impurities. The parties intend to rapidly progress the project to production should drilling results be favourable. This will be facilitated by the granted mining lease, proximity to railway and other infrastructure, and the low capital cost of commencing production.
URA Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held