Drilling Update - Demonstrated Grade Continuity
Filed with ASX · · 22 pages · English
Summary by 6ix AI
Lotus Resources Limited has released a drilling update highlighting the results from its Letlhakane Uranium Project in Botswana, confirming grade continuity and resource confidence through infill drilling results. The report indicates that the drilling program is progressing well, with a significant number of holes completed and a focus on upgrading resource classifications. Recent drill results show high-grade uranium intercepts, with most holes intersecting mineralization, which supports the continuity of the deposit. The company plans to complete the drilling program by the end of the year and will follow up with an updated mineral resource estimate.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lotus Resources Limited on 6ix
Earlier from Lotus Resources
- US trading upgrade to OTCQX
- Revised Mineral Resource Estimate - Letlhakane
- S&P DJI Announces March 2024 Quarterly Rebalance
- $30million Placement for Uranium Restart & Development
- Schemes become Effective
Later from Lotus Resources
- Mine Development Agreement signed in Malawi
- Quarterly Activities/Appendix 5B Cash Flow Report
- Lotus Enhances Management Team
- Further thick, continuous, high grade results at Letlhakane
- Uranium Offtake Arrangements and Funding
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