A-Cap Resources Press Release for Lethlakane Uranuium Project - Optiro Congratulated
MINERAL RESOURCE AT LETHLAKANE URANIUM PROJECT GROWS TO 261 Mlbs U3O8
A-Cap Resources Limited (“A-Cap” or “the Company”) is pleased to announce that it has increased the resource at its Letlhakane Uranium Project in Botswana from 158Mlbs to 261Mlbs - an increase of 65%. With this upgrade in resource, Letlhakane is now one of the largest undeveloped uranium deposits in the world. The updated Global Mineral Resource completed by an Independent expert and reported in compliance with the JORC code now stands at:
780 Mt at 152ppm U3O8 for a contained 261 Mlbs of U3O8 (100ppm cut-off)
Optiro's Geology Team worked on this project with A-Cap Resources and received high recommendations from Andrew Tunks, Managing Director of A-Cap Resources:
“I want to personally thank the A-Cap team and the consultants from Optiro for the effort they have made to achieve this result and all of our shareholders who have supported us throughout this process.”
Optiro would like to congratulate Ian Glacken and his team on their efforts on the Lethlakane Project.
For further information please refer to the attached ASX Press Release from A-Cap Resources Limited.