Kopore Metals Limited (ASX:KMT) has confirmed the Agadez Project in Niger as prospective for uranium, following a review of historical exploration information.
The information and results were contained in a drilling programme completed by Paladin Energy Limited in 2011.
“We are very pleased to announce the results from the review of the historical exploration information and unannounced drill results obtained from Paladin,” Kopore Managing Director, Caroline Keats, said.
“The results and significant intersections have confirmed that the Agadez Project is prospective for uranium and have significantly improved our geological understanding of the Project.
“Importantly, with potential for higher grade areas of mineralisation within the Takardeit Inferred Mineral Resource, Kopore is now defining the next stage of exploration, which is expected to include detailed geological and structural mapping, an extensive mud rotary drilling program and an Airborne EM survey (VTEM).
“With spot uranium prices continuing to increase as the world shifts towards a decarbonised energy system, Kopore is strongly positioned with its Agadez Project to capitalise on the uranium bull market, as we continue to advance this exciting project.”
The company aims to undertake a further exploration programme which is expected to include:
• Detailed geological and structural mapping
• Airborne EM survey (VTEM) in the Takardeit area in Terzemazour 1, to better identify the shallow paleochannel system trending S-SW along the Tafadek Ridge. If successful the method could be used in other prospective areas
• An extensive mud rotary drilling program across the three ELs, with the following targets:
- Takardeit resource area in TER1, shallow and deep drilling targeting the Upper Carboniferous and the Jurassic Formations
- Takardeit East and North prospects in TER1 , shallow drilling targeting the Jurassic Formation only
- Tagait (Takardeit South) prospect in TER1, deep drilling targeting the Upper Carboniferous and the Jurassic Formations
- Toulouk South prospect area in TOU1, drilling to the Upper Carboniferous Formation
- Toulouk North prospect area (Tchighozerine – Aouligen) in TOU1, deep drilling to the Upper Carboniferous Formation
- Edikel (Edikel – Edikel NW) prospect in TAGT 4, deep drilling targeting the Jurassic and Upper Carboniferous Formations
For further information please visit: https://www.koporemetals.com/
