What a fantastic time to be in the uranium industry! Demand for carbon free energy, from a reliable base load source, continues to grow. Carbon free nuclear energy is powered by uranium and Elevate Uranium owns significant uranium resources in Namibia and Australia and has active exploration activities in both countries. The Company plans to be a uranium supplier to the nuclear energy industry.
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Uranium Resources and New Discoveries
Latest Webinar
Resource Connect Asia Uranium Webinar – EL8 Presentation
16/07/2024
Namibia
Elevate Uranium has large strategic uranium holdings which include 112 Mlbs of uranium resources and four recent discoveries.
Key Features
- Koppies Uranium Project
- Koppies Uranium Project total resource of 66.1 Mlb
- Koppies Resource - 55.9 Mlb uranium resource with 43.6 Mlb (78%) in JORC Indicated category
- Hirabeb Resource – 10.2 Mlb Inferred resource
- Namib IV – uranium mineralisation identified over a large area in a similar lithology to Koppies and Hirabeb
- Marenica Uranium Project (75% owned) - 61 Mlb uranium resource (Elevate holding of 46.0 Mlb), which U-pgrade™ can increase the grade to ~5,000 ppm.
- Capri - Uranium mineralisation identified over a large area.
Australia
Four 100% owned projects and joint venture interests containing 48 Mlbs of high-grade U3O8 resources.
Key Features
- Angela – Large resource of 31 Mlb at 1,310 U3O8 resources.
- Thatcher Soak – Calcrete hosted deposit with an 11 Mlb U3O8.
- Oobagooma – 26 to 52 Mlb U3O8 exploration target.
- Minerva – Historical high-grade uranium and gold drill intervals.
U-pgrade™
Elevate Uranium’s wholly owned uranium beneficiation process produces a high-grade concentrate, prior to leaching.
This means:
- Reduced physical size of plant.
- Dramatic reduction in capital costs.
- Dramatic reduction in ongoing operational costs.
- Significant environmental benefits.
The lower cost base of Elevate Uranium’s U-pgrade™ process provides the opportunity to develop uranium mines at lower uranium prices.
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The Endangered Lappet Vulture Conservation Project
Supporting the ongoing efforts to understand and protect these endangered African wildlife icons that are important to the ecosystem.
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