Investing

Approval to Commence Initial Geological Work Program

C29 Metals Limited (“C29” or the “Company”) is pleased to announce that it has received Category four (4) exploration approval enabling the immediate commencement of tenement wide, geophysical, field mapping and soil sampling programs at its Ulytau Uranium project immediately. The Company’s geology team will immediately establish base of operations at the nearby village of Aksuyek where C29 enjoys strong community support.

HIGHLIGHTS

C29 has received Category four (4) exploration works approval enabling the immediate commencement of geophysical & soil sampling programs at its Ulytau Uranium project.The Category two (2) drilling approval process is at an advanced stage and is on track, C29 anticipates drilling approval shortly.C29’s Geology team will commence site wide mapping and soil sampling immediately. The geology team will be utilising a handheld XRF unit in the field providing real time geological information to the team.C29 has identified a laboratory that meets all international standards and can provide a sample turnaround time of approximately four (4) weeks.

C29 Metals Managing Director, Mr Shannon Green, commented:

“It is very exciting to have the Category four (4) exploration approval granted enabling our geology team to immediately commence field works in preparation for drilling. This once again demonstrates the positive operating environment in Kazakhstan and the support the company is enjoying”.

Initial Geological Work Program

The initial geological program will undertake tenement wide mapping and soil sampling focusing on verification of historical shallow high-grade results and identify the extent of the surface outcropping and shallow high-grade uranium across the tenement.

The geology team will be utilising a handheld XRF unit in the field providing real time geological information to the team and valuable geological data that will assist with the Initial drill hole targeting and methodology.

Figure 1 below shows the interpreted mineralised uranium trend1 and location for initial Category 4 exploration works.

Click here for the full ASX Release

This post appeared first on investingnews.com

You May Also Like

Investing

Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

Economy

The Israel Defense Forces (IDF) announced the death of Fuad Shukr, the Hezbollah commander who was behind a drone strike that killed 12 children...

Latest News

Two men kiss on a Parisian bridge. The camera later jumps to a trio embracing passionately in a room, before the door shuts. These...

Editor's Pick

President Biden found himself in a growing political crisis Wednesday as Democrats on Capitol Hill, the high-dollar donor community and even members of his...

Disclaimer: wisetradeinvesting.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 wisetradeinvesting.com