Highlights

• Haranga Resources (ASX:HAR) is focused on advancing its West Africa-based gold and uranium projects.
• The company has previously announced an Exploration Target at the Saraya Prospect in accordance with the JORC code (2012) of 5 to 20 MT at a grade range of 350 to 750 ppm eU₃O₈ (4-35 Mlb contained eU₃O₈).
• The September quarter saw HAR laying the foundations of a 23-hole diamond drilling campaign at the Saraya uranium project.
• The drilling campaign is underway at the project, which has undergone ~61,500m of historical drilling.
• The company secured a new gold permit in Senegal.

Gold and uranium player Haranga Resources Limited (ASX:HAR FSE:65E0) recently rolled out its progress report for Q3 2022 ended 30 September 2022. The period saw significant advances on the company’s Saraya uranium project in Senegal.

The company wrapped up a complete assessment of all the data from historical work across the project as well as progressed with regional sampling program and preparation for its maiden drilling program.

Moreover, the company secured the Ibel South permit, a highly prospective gold permit in southeast Senegal.

Data source: HAR update

Haranga and its subsidiaries ended the quarter with AU$2.98 million in cash reserves.     

Exploration activities across Saraya Uranium Project

Regional sampling program and drill preparation – The quarter saw regional exploration covering termite mound geochemistry sampling at a sample spacing of 1000m x 100m.  

The company commenced surface spectrometry using a Nuvia PGIS2 spectrometer over the Saraya prospect, covering 1.5km² at a 50m line spacing. Further, an extension towards the NNE at a 100m line spacing is in progress, which covers an additional 5km² towards the Diobi prospect.

Historical drilling results pave the way to drilling – The company, along with its appointed consultants RSC Global, wrapped up a complete assessment of all the data from historical work relating to the project. The development highlighted Saraya as a highly prospective uranium target.

Also, the company defined a significant exploration target of 5 to 20 MT at a grade range of 350 to 750 ppm eU₃O₈ (4-35 Mlb contained eU₃O₈).

Source: © 2022 Kalkine Media®; data source: Company update dated 26 October 2022

Post the quarter, a two-stage diamond drilling campaign totalling 3,200m has been in progress as on 24 October 2022.

For more details on maiden diamond drilling, read here

Ibel South Gold Project

After securing the Ibel South gold permit during the quarter, the company joined hands with representatives of the local community to secure a go-ahead to the proposed exploration.

Ibel South Gold Permit – Topography, Geology, and Geochemistry (Source: Company update dated 26 October 2022)

The company has planned a sampling program across the project during dry season in November 2022, December 2022, and January 2023. The campaign will cover known historical gold anomalies with greater than 4,000 termite mound samples. The program is expected to define follow-up drill targets.

Click here for more details on the company projects

HAR shares were trading at AU$0.145 midday on 8 November 2022.