Elevate Uranium increases activity at Koppies with 3 drill rigs on site

Elevate Uranium (ASX: EL8) managing director and chief executive officer Murray Hill joins Small Caps to discuss the expansion of the company’s drilling campaign at the Koppies uranium project in Namibia.

The company recently added an additional rig to its Koppies program, with a three rig, reverse circulation program targeting the finalisation of an interim resource for Koppies 3 during October 2023.

This will be followed by further drilling to test areas located outside of the interim resource zone, with results aimed at expanding the current JORC resource of 20.3 million pounds of uranium identified at Koppies 1 and 2.

The company is also preparing to follow up previous exploration success at Capri where Elevate has already identified multiple additional exploration targets.

The company is working to obtain new land access agreements prior to bringing a rig in for the exploration campaign.

Article:
https://smallcaps.com.au/elevate-uranium-increases-drilling-operation-koppies-project-namibia/

For more information on Elevate Uranium:
https://smallcaps.com.au/stocks/asx-el8/

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