Connected Minerals has reported strong potential economic grades in its maiden drilling programme at the Etango North-East Uranium Project, with highlights of 5m @ 358 ppm eU3O8 from 88m, including 2m @ 643 ppm eU3O8 and 1m @ 814 ppm eU3O8 from 89m.
The maiden Etango North-East drilling programme comprised 15 reverse circulation holes for 2,688 metres.
The program focused on high-priority targets identified following the return of high-grade results from a rock chip sampling programme completed in December 2024.
Originally, the drilling programme at Etango North-East was designed to comprise 13 reverse circulation holes for ~2,600m.
Due to strong geological indicators in several holes near the successful trenching area, Connected Minerals extended the programme by a further two holes for ~300m.
Connected Minerals is planning the next exploration phase at Etango North-East at the Pandula and Onkumbwa Prospects to the south of the Phase 1 drill area.
There will be further extensional and infill drilling at the Ondapanda Prospect and new potential targets to the south.
Connected Minerals managing director and CEO Warrick Clent described the results as a fantastic outcome.
Clent said the results align with the first drilling results reported (in 2006) from Bannerman Energy’s (ASX: BMN) world-class Etango Uranium Project, which the company’s project is located along strike from and within the same rock units.
Bannerman’s Etango has hosted a massive resource of 429Mt @ 225ppm U3O8, which is undoubtedly an excellent target for Connected Minerals to aspire to.
“We have already commenced planning our Phase 2 drilling and exploration programme at Etango North-East, which we will advise the market details of in due course,” Clent said.
