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Director at Jane Morgan Management

$EL8 - Elevate Uranium (ASX: EL8) is pleased to announce completion of the inferred resource drilling programs, data from which will be used to update the current 48 Mlb eU3O8 Inferred JORC Mineral Resource Estimate (“MRE”) for Koppies. A new MRE is due to be released by early April. The drilling program to increase the JORC category of the MRE has now commenced. Elevate Uranium’s Managing Director, Murray Hill, commented: “The Company is transitioning it's focus at Koppies from resource growth to project advancement by increasing the JORC resource category from Inferred to Indicated, which will then feed into a scoping study and provide metrics on the project. Data from the latest phase of the resource growth drilling is being processed and the updated resource estimation is in progress. The updated JORC Inferred resource is expected to be released by early April. The Company considers the Koppies resource to be of sufficient size to take to the next level of development and as such three drill rigs are currently working on the infill JORC Indicated drilling program. Metallurgical samples are planned to be collected in April/May for an advanced metallurgical testwork program utilising the Company’s proprietary U-pgradeTM beneficiation process.” Read more: https://lnkd.in/gnZrEe5B #uranium #mining $EL8 Murray Hill Andrew Bantock Shane McBride Stephen Mann

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