Thickest continuous mineralisation at Letlhakane
Filed with ASX · · 23 pages · English
Summary by 6ix AI
Lotus Resources Limited has announced significant results from its drilling program at the Letlhakane Uranium Project, highlighting the discovery of the thickest continuous zones of uranium mineralisation to date. The latest drilling has confirmed continuity and grade, with nearly all holes intersecting uranium mineralisation, and the company aims to upgrade the classification of its mineral resources. The infill drilling program is expected to be completed soon, with an updated mineral resource estimate anticipated later this year. Lotus is also progressing with development plans for Letlhakane while preparing to restart uranium production at another project in Malawi.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lotus Resources Limited on 6ix
Story so far
Earlier from Lotus Resources
- Uranium Offtake Arrangements and Funding
- Further thick, continuous, high grade results at Letlhakane
- Lotus Enhances Management Team
- Quarterly Activities/Appendix 5B Cash Flow Report
- Mine Development Agreement signed in Malawi
Later from Lotus Resources
- Letlhakane Study shows long life, high value
- Response to ASX Aware Query
- Low Capital Intensity and Accelerated Restart of Kayelekera
- Quarterly Activities and Cash Flow Reports - September 2024
- Lotus Launches A$110 million Placement to Fund Kayelekera
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