A-Cap Resources Confirms High Grade Uranium Mineralization at Botswana Project

A-Cap Resources Ltd. (ASX:ACB) reported results from its infill drilling programme on its Botswana project. The presence and continuity of high grade mineralization were confirmed.

As quoted in the press release:

Best intervals* at 200ppm eU3O8 cut off include:
3.25m @2386 ppm eU3O8 in hole SERC0364
2.05m @2124 ppm eU3O8 in hole MOKR2582
1.25m @2123 ppm eU3O8 in hole SERC0362
2.95m @1514 ppm eU3O8 in hole MOKR2571
2.20m @904 ppm eU3O8 in hole SERC0358
2.55m @772 ppm eU3O8 in hole MOKR2584
2.60m @588 ppm eU3O8 in hole MOKR2596
1.90m @798 ppm eU3O8 in hole MOKR2603
*all intervals are reported above 200ppm eU3O8 with a maximum internal dilution of 0.5m.

A-Cap CEO Paul Thomson said:

We are very happy with the excellent results from our last drilling programme which continues to confirm the presence and continuity of high grade mineralisation in shallow zones targeted for early production. This is good news for project economics. Our feasibility work is progressing very well and we are on track and on budget. We are fortunate to be operating in Botswana, a premier mining jurisdiction with stable government, clear and simple mining laws where strong rule of law applies.

Click here to read the A-Cap Resources Ltd (ASX:ACB) press release