Results of drilling program at Livingstonia prospect
Filed with ASX · · 15 pages · English
Summary by 6ix AI
Lotus Resources Limited has announced the results of its drilling program at the Livingstonia prospect, which is located near the Kayelekera uranium mine in Malawi. The program involved a significant number of drill holes aimed at converting historical mineral resource estimates into a compliant format and exploring potential extensions. Results indicate that mineralization has been expanded by a notable distance beyond existing resource limits, with an updated resource estimate expected soon. The Managing Director expressed optimism about the potential for Livingstonia to serve as a satellite operation in the future.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lotus Resources Limited on 6ix
Earlier from Lotus Resources
- S&P DJI Announces March 2022 Quarterly Rebalance
- Kayelekera mineral resource increases by 23%
- December Quarterly Activities Report and Appendix 5B
- Drilling expands mineralised footprint at Kayelekera
- September Quarterly Activities Report and Appendix 5B
Later from Lotus Resources
- Quarterly Activities & Appendix 5B cash flow report
- Uranium Resource Increases to 51.1Mlbs
- Quarterly activities report / Appendix 5B
- Positive DFS results presentation
- DFS confirms Kayelekera as a low-cost, quick restart asset
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