Elevate Uranium (OTC: ELVUF) managing director and chief executive officer Murray Hill joins Small Caps to discuss the company's continuing drilling success within the Koppies project area in Namibia.
The company is particularly excited about the latest high-grade uranium intersections obtained from the Hirabeb prospect at Koppies.
The Hirabeb find has similar mineralisation to the large Koppies resource, located 12 km to the north.
Elevate will continue to further assess Hirabeb with drilling set to continue for the rest of the calendar year with the company planning on releasing a maiden resource.
Development potential at Hirabeb benefits from the shallow nature of the mineralisation, with all significant intercepts commencing within 10 metres from the surface.
Namibia has significant uranium mines capable of providing 10% of global output.
Articles:
https://smallcaps.com.au/elevate-uranium-high-grade-assays-drilling-koppies-hirabeb-prospect/
https://smallcaps.com.au/worlds-largest-uranium-miner-kazatomprom-cuts-2025-production-guidance/
For more information on Elevate Uranium:
https://smallcaps.com.au/stocks/asx-el8/