Sponsored

Haranga Resources (ASX: HAR, FRA: 65E0) reports maiden high-grade uranium mineral resource for Saraya

September 25, 2023 08:25 AM IST | By Manisha
 Haranga Resources (ASX: HAR, FRA: 65E0) reports maiden high-grade uranium mineral resource for Saraya
Image source: Company website

Highlights

  • Saraya uranium project has maiden Inferred Mineral Resource of 16Mlbs of eU3O8 (7,300t) at a grade of 587ppm (250ppm cut-off).
  • The resource only covers 0.2km2 of permit area.
  • The resource includes large higher grade (641 ppm) potentially open pitable component within 160m of the surface.
  • There lies major exploration upside across the large permit area, where minimum six additional uranium radiometric and coincident geochemical uranium anomalies have already been defined.

In the latest announcement, multi-commodity company Haranga Resources Limited (ASX: HAR, FRA: 65E0) revealed the maiden global mineral resource estimate for the Saraya Uranium Deposit, West Africa.

The JORC 2012 Inferred Resource consists of an estimated 16.1 Mlbs (7,300t) of eU3O8 at an average grade of 587ppm using a 250ppm eU3O8 cut-off. The reported Mineral Resource Estimate has been prepared by A. Gillman of Odessa Resources Pty Ltd, following the 2012 JORC Code. The estimate is primarily based on historical diamond and reverse circulation drilling, and recent validation drilling conducted by the company.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

Sponsored Articles


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.