Elevate Uranium says drilling at the mineralised areas at Hirabeb Prospect, within the greater Koppies Uranium Project, has returned high-grade uranium results.
The Hirabeb Uranium Prospect is the second of the company’s four discoveries in four years. Koppies was the first and is more advanced.
The Hirabeb tenement is extensive, with an area of 545 km2, extending 38 km east to west and 18 km north to south.
The most recent program was focused on the 4.5 km long mineralised zone in the south-central part of the tenement, with 60 holes for 1,334 m drilled since the last announcement on July 25, 2024.
Standout intersections include 6.0 m at 797 ppm eU3O8 from 4.5 m, including 2.0 m at 1,482 ppm eU3O8 and 6.5 m at 584 ppm eU3O8 from 8.5 m, including 1.5 m at 1,040 ppm eU3O8.
In addition, interpretation of results from exploration drilling completed earlier this calendar year has identified four new exploration target areas warranting further investigation.
The company says Hirabeb demonstrates a shallow mineralisation style with all significant intercepts commencing within 10 meters of the surface, similar to the Koppies resource.
The geological team has reviewed the data and identified four new target areas to follow up on, all with sparse drilling.
The nearest drill line or tenement boundary varies from three to eight kilometers away, providing large areas for the potential expansion of the mineralisation.
The boundary of the Hirabeb tenement is less than 12 kilometres from the tenement boundary of the Koppies resource and will become a satellite project to feed into any future operation centred on the current Koppies resource.
Elevate Uranium managing director Murray Hill said the Hirabeb Prospect continues to expand, with recent drilling confirming extensions to the mineralised zone over a large area.
Hill added that the results are impressive, displaying a suitable thickness of mineralisation with some excellent grades over 1,000 ppm eU3O8.
“In addition, an ongoing geological review of results has identified four new target areas warranting follow-up.
“This is very encouraging, given that the Hirabeb tenement boundary is less than 12 kilometres from the tenement boundary of the Koppies resource and could potentially become a satellite to the existing Koppies resource,” he said.
“This is exciting as it indicates the opportunity to grow the mineralised areas,” Hill said.
Drilling at Hirabeb will continue for the rest of the calendar year as the company works towards defining and estimating a maiden resource.
