Wednesday 9 December 2009

Impact Minerals starts maiden drill programme for uranium in Botswana

Impact Minerals Limited (ASX: IPT) has kicked off the first of its drill programme to test several large uranium targets at the Lekobolo Prospect, located within the Botswana Uranium Project. Impact’s Botswana Uranium Project covers 350 km of the strike extensions of rocks that host many significant uranium deposits throughout southern Africa, including Kayelekera in Malawi and Letlhakane in Botswana. The large Letlhakane Project is owned by A-Cap Resources Limited which has reported an Indicated and Inferred Resource of 344 Mt at 152 ppm using a 100 ppm cut-off for 116 Mlb of uranium oxide in deposits hosted by near-surface calcrete and by Karoo Group sedimentary rocks."

No comments:

More BSE Headlines