Connect with us

Hi, what are you looking for?

Investing

More High-grade Drill Results at Alta Mesa Uranium Project, Texas

Boss Energy Limited (ASX: BOE|OTCQX: BQSSF) is pleased to report more strong drilling results from its 30 per cent-owned Alta Mesa ISR Uranium Project in South Texas.

The results of the drilling, which was designed to expand the producing wellfield capacity, continue to significantly exceed the cut-off grade thickness requirements for In-Situ Recovery (ISR) of uranium.

The results were reported by Alta Mesa’s 70 per cent owner enCore Energy Corp (NASDAQ:EU|TSXV: EU).

EnCore also reports that production from its first wellfield continues to progress with increases in the number of Alta Mesa production and injection wells on schedule for 2024 and continuing into 2025.

The Alta Mesa wellfield drilling operations, which commenced in March 2023, are advancing rapidly with 80 holes drilled since the previous update announced on March 18, 20241. In total, 749 drill holes have been completed through mid-September 2024. At present there are seven (7) drill rigs in full operation at Alta Mesa, with plans to double that number over the next twelve (12) months.

Please refer to enCore’s announcement dated October 15, 2024 for further information2.

Click here for the full ASX Release

This post appeared first on investingnews.com

You May Also Like

Latest News

Hours after Hamas leader Yahya Sinwar was killed by Israeli forces, Iran remembered Sinwar as a martyr whose vision for a liberated Palestine would...

Latest News

The House Democrats’ campaign arm filed a lawsuit against the Federal Election Commission (FEC) Thursday, alleging the agency’s failure to take action has led...

Economy

Disney parks are adding a top-tier, line-skipping upgrade with a whole new world of pricing: as much as $449 per person on top of...

Investing

IsoEnergy (TSX:ISO,OTCQX:ISENF) and Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) have formed a joint venture focused on the exploration and development of uranium properties in Saskatchewan’s Athabasca Basin....

Disclaimer: Earlyagenda.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 Earlyagenda.com