Andrew Ferrier-led Global Uranium and Enrichment has appointed CT Group, a Washington DC-based strategic advisory firm, to aid its engagement with the US government.
Global Uranium and Enrichment has finalised plans to raise $10 million, following news on Wednesday it had entered into a joint venture with US-based Snow Lake Energy Resources.
Shares in Perth-based junior Global Uranium and Enrichment rose by 15 per cent on Thursday morning to 9.2 cents, following news it had filed documents to divest its Enmore gold project.
In this week's edition of Bulls N' Bears Big Hits, we examine notable drill intercepts revealed on the ASX, including Global Uranium's hits up to 5387ppm uranium oxide in Colorado. We also take a look at other interesting drill hits as reported by Superior Resources from its Steam Engine gold project in Queensland and Great Boulder Resources from its Mulga Bill gold prospect in WA.
Aspiring junior Global Uranium and Enrichment remains upbeat about its US-based Tallahassee uranium project, following recent drill intercept results from the site's Hansen deposit.
Global Uranium and Enrichment has announced it will raise $6.15 million in order to fund drilling programs at its Maybell and Tallahassee uranium projects in the US.
Global Uranium and Enrichment has finalised the sale of its 80 per cent stake in the Lake Johnston lithium project to NSW-based Intra Energy Corporation.
Global Uranium and Enrichment has lodged drill permit applications for its Maybell uranium project in the US, as the company seeks to capitalise on the commodity's rising spot price.
Shares in Perth-based Global Uranium and Enrichment climbed on Monday, after plans to sell an 80 per cent stake of its Lake Johnston project were announced.
Our board moves wrap includes Cheryl Edwardes, Brent Smoothy, Simon Wandke, Bob Adam, Sam Lancuba, Eva Skira, Hamish Tyrwhitt, Adrian Larking, Fabrizio Perilli, and Brian Hill.
Okapi Resources has engaged BRS Engineering to spearhead a technical study into its Maybell uranium project in Colorado which historically produced 5.3 million pounds of uranium. The company's recent land grab at the project comes laden with key geological data and technical reports. Okapi has entrusted the US-based consultancy to sift through the valuable data as it looks to unlock the potential of the Maybell uranium project.
Okapi Resources is set to become the single largest shareholder of a private Australian company developing and commercialising a bleeding-edge uranium enrichment technology after entering into a binding agreement with Ubaryon. Okapi currently has its foot on a suite of uranium assets in North America and says the investment will help it manufacture a processed form of uranium that is typically imported from Russia.
ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company's Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million.
Okapi Resources could soon fire up the diamond drill rig and launch a 40-hole, 5000m program at its Newnham Lake and Perch uranium projects in Canada after lodging applications with the Government of Saskatchewan. The looming probe follows a recent exploration drive that unveiled a bevy of compelling targets prospective for deeper lying mineralisation.
Okapi Resources has received the last of its assay results from a recently completed seven-hole diamond drilling program for 1440m at the company's Enmore gold project in NSW's New England Fold Belt. Further significant gold mineralisation was encountered including a broad 28m hit grading 2.03 grams per tonne gold from 191m downhole.
Okapi Resources has wrapped up its maiden field exploration program at its Newnham Lake and Perch projects in Canada, returning anomalous uranium in over half its 69-piece rock chip samples and highlighting several compelling drill targets. According to the company, the best result graded 265 parts per million triuranium octoxide prompting the explorer to up the ante with a pair of new year drill campaigns.
Okapi Resources has tabled a suite of high-grade assay results following a seven-hole, 1440m diamond drilling program at its Enmore gold project in NSW's New England Fold Belt. The intersections were delivered courtesy of the campaign's first two holes and include 4m at a solid 8.85 grams per tonne gold from 184m and follows a 2021 RC campaign that delivered a slew of compelling strikes.
Okapi Resources has intersected multiple zones of elevated sulphide mineralisation in two diamond holes at its Sunnyside prospect, part of its fully owned Enmore gold project in the New England region of NSW. Its campaign follows a 2021 probe that delivered a suite of notable hits including 1m at 15.15 grams per tonne gold from 172m inside a monster 174m intercept grading 1.83 g/t gold from surface.
Okapi Resources has launched a helicopter-supported review at its wholly owned Newnham Lake and Perch projects, part of its larger Athabasca Basin uranium tenements in Canada. The work is part of a maiden exploration program including prospecting, outcrop sampling and vegetation analysis to help identify favourable structural settings for uranium mineralisation.
Okapi Resources has become a key player in the new energy sector after completing the acquisition of a 51 per cent interest in the high-grade Hansen uranium deposit in Colorado, USA, from STB Minerals. The deal extends its resources at its Tallahassee project to 42 million tonnes at 540 ppm for 49.8 million pounds of triuranium octoxide and increases the grade of Okapi's existing resource about 10 per cent.
ASX-listed Okapi Resources has hit the go button on an 11-hole, 1800m diamond drilling campaign at its Sunnyside prospect, part of the larger Enmore gold project in northern NSW. The work is aimed at following up on a suite of “exceptional” hits scored in a maiden drilling campaign at the venture late last year.
Okapi Resources is set to dive into a maiden exploration program across a range of projects at its Athabasca Basin uranium tenements in Canada. The company has recently completed a comprehensive analysis of satellite image data from its Newnham Lake and Perch projects showing a bevy of attractive targets that call for a closer look.
ASX-listed Okapi Resources is all set to launch an 11-hole diamond drilling program at its wholly-owned Enmore gold project in NSW within the next three weeks. Okapi plans to follow up last year's RC drilling campaign at the Sunnyside gold prospect that returned exceptional gold assay results. The company says mineralisation at the prospect remains open at depth and along strike.
Okapi Resources is targeting a two-commodity play at its Rattler uranium project in Utah, USA, after a rock chip sampling program confirmed the samples also contained high-grade vanadium. The results ran up to 12.5 per cent vanadium pentoxide, some way above the general concentrations of up to 2.5 per cent found in some deposits.
North America-focused explorer Okapi Resources has extended the option date of its proposed acquisition of the Hansen uranium project in Colorado, US by 30 days to give both parties time to finalise and execute a definitive deal. The binding agreement with STB Minerals will allow Okapi to stretch its Tallahassee project resources by 81 per cent to 49.8 million pounds of triuranium octoxide.
Okapi Resources says its wholly-owned subsidiary Usuran Resources has been granted state approval to dive into a drilling program at its Tallahassee uranium project in Colorado, USA. The company says the permit will allow its subordinate to plunge up to 18,200m of drilling across 60 holes at the operation with the intent of bolstering the existing resource.
Okapi Resources is poised to sink its teeth into a 10,000 metre, 24-hole drilling campaign at its Middle Lake uranium project in Canada's Athabasca Basin after it received the government go-ahead to launch the probe. The company says it has received a raft of permits that will also allow it to kick off a geophysical survey.
Okapi Resources has swelled its North American energy ground after entering into a binding agreement to pick up a 51 per cent interest in the Hansen uranium deposit in Colorado. The deal stretches the company's resources at its Tallahassee project by 81 per cent to 49.8 million pounds of triuranium octoxide and boosts the grade by 10 per cent to 540 parts per million triuranium octoxide.
Okapi Resources is set to sink 100 shallow drillholes at its Rattler uranium project in Utah, USA after getting its hands on a government drill permit to launch the operation. According to the company, the RC probe will be aimed at testing the degree and nature of mineralisation at the Rattlesnake mine, where a recent rock chip sampling program delivered promising results.
ASX-listed explorers Okapi Resources is poised to unleash the diamond drill bit at its Enmore gold project in northern New South Wales after scoring a string of “exceptional” hits in a maiden drilling campaign at the venture late last year. The 11-hole program will follow up on previous work at the Sunnyside prospect, that the company says remains open at depth and along strike.
ASX-listed Okapi Resources has its sights set on a drilling campaign at its Rattlesnake prospect after a 28-piece rock chip sampling program yielded grades as high as 1.24 per cent triuranium octox
ASX-listed Okapi Resources has expanded its US uranium portfolio after staking more than 460 claims covering 3,600 hectares to acquire the high-grade Maybell Uranium project in Colorado. According to the company, the tenements boast historical production figures of 5.3 million pounds of uranium trioxide with a cracking average grade of around 1,300 parts per million.
Uranium and gold explorer Okapi Resources has appointed former Newmont and LionOre executive Brian Hill to the role of Chairman, replacing Peretz Schapiro who helped engineer Okapi's turnaround over the last year. Hill has a solid domestic and international record of building mining companies into significant acquisition targets.
ASX-listed Okapi Resources has upped the ante at its North American uranium play after signing an agreement with Canada's ALX Resources to secure a portfolio of six advanced exploration projects in the Athabasca Basin. Collectively, the projects house 75 granted mineral claims across 55,000 hectares and sit in the world's premier uranium district according to the company. Okapi will initially probe two projects with superior exploration potential.
ASX-listed Okapi Resources has boots on the ground at its high-grade Rattler uranium project in Utah, USA with the Perth-based company's first-pass exploration checklist at Rattler to include a detailed review of historical workings, geological mapping and rock chip sampling. Okapi anticipates wrapping up field work by the end of the year ahead of a drill campaign earmarked for early in the new year.
