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Perth-based Okapi Resources has entered into an agreement with Canada's ALX Resources to acquire a portfolio of six advanced exploration projects in the Athabasca Basin - the world's premier uranium district. The projects include 75 granted mineral claims covering an impressive 55,000 hectares. Okapi will initially focus on the Cluff Lake and Newnham Lake projects where it will target high-grade unconformity-related uranium deposits.

Okapi Resources has wasted no time in producing a maiden uranium resource at its Tallahassee uranium project in Colorado, USA. The company only finalised the acquisition in August and has already announced a maiden resource of 25.4 million tonnes going at 490 ppm U3O8 for 27.6 million pounds of yellowcake. Plans are now underway to commence a 10,000-metre maiden drilling program to bolster the resource further.

Okapi Resources has pressed ahead with its acquisition of the Enmore gold project about 30km south-east of Armidale in the New England fold belt in NSW after satisfying minimum expenditure and drilling requirements under the terms of the original purchase agreement. The company has elected to make the first milestone payment of $300,000 to the Enmore vendor through the issue of Okapi shares, subject to shareholder approval.

Multi-mineral exploration company, Okapi Resources has snapped up a 100 per cent interest in the historical Sunnyside uranium mine in Utah, USA, after staking mining claims that cover 960 acres adjacent to Okapi's existing Rattler uranium project. The Sunnyside uranium mine comprises several small past-producing pits where uranium and vanadium were both mined in the early 1900's at high grades. The project has seen no modern exploration since.

Mineral exploration company, Okapi Resources' share price soared by more than 50 per cent in intra-day trading after unveiling a monster 174m gold intercept going 1.83 g/t gold from surface at its Enmore gold project in northern NSW. The company says that grade appears to be increasing at depth with the hole terminating with a 1m interval at 15.15 g/t gold from 172m.

ASX-listed junior explorer Okapi Resources has finalised the purchase of a portfolio of high-grade uranium projects in the United States in a deal it says is transformational. The Perth-based company assumes 100 per cent ownership of the brownfields uranium assets following the recent completion of an all-scrip acquisition of private Australian group Tallahassee Resources.

ASX-listed Okapi Resources has uncovered a 2-kilometre-long lithium target from a recently completed soil program at its newly acquired Lake Johnston project 450km east of Perth in Western Australia. Lithium in soil results have graded up to 86 parts per million and bear strong similarities with nearby results recently announced by joint venture partner Charger Metals at the adjoining Mount Day project.

Okapi Resources has secured a package of brownfields uranium assets in the US via an all-scrip “transformational” acquisition of Australia-based Tallahassee Resources. The company will pay the vendors of Tallahassee Resources 33.5 million new Okapi shares and 16.75 million options as consideration for the deal and inherit 100 per cent of the mineral rights over the Tallahassee uranium project tenure in Colorado's Tallahassee Creek uranium district.

ASX-listed junior explorer, Okapi Resources has kicked off a maiden round of drilling at its Enmore gold project about 30km south-east of Armidale in NSW's New England Fold Belt region. The company says the first-pass drill program, consisting of up to 10 reverse circulation holes for at least 1,000m, will probe priority targets at its two key brownfields prospects.

ASX-listed junior explorer, Okapi Resources expects to start a maiden drilling program at its Enmore gold project about 30km south-east of Armidale in NSW's New England Fold Belt this week after securing a drill rig. The Perth-based company plans to drill an initial eight-to-10 reverse circulation holes totalling about 1,000m at the project's key Sunnyside and Bora prospects.

Okapi Resources continues to zero in on gold drill targets at its Mount Day prospect in Western Australia. Infill soil sampling has confirmed the presence of a 1,500m-long, cohesive gold trend that is consistently returning anomalous precious metal values and the company is now preparing to drill test the target in the latter half of this year.

ASX-listed Okapi Resources has kicked off exploration work at its Holly kaolin project in southern WA as part of technical due diligence relating to the recently announced planned acquisition of the project's owner. The Perth-based company collected about 15 kaolin samples from Holly this week for assaying at a laboratory in Perth.

Okapi Resources has picked up more than 2,000 square kilometres of prospective kaolin ground and joined Australia's lucrative halloysite hunt. White Knight in South Australia and Holly in Western Australia are two key projects secured by the company with its acquisition of private resource group Bulk Mineral Holdings.