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- Gladiator Resources (GLA)’s wholly-owned Tanzanian subsidiary Zeus Resources appoints South Africa-based independent consulting company the MSA Group to assist with “aggressively progressing” its Tanzanian uranium projects
- MSA will oversee the exploration planning and commence a review aimed at updating the Mineral Resource Estimate for the Likuyu deposit at GLA’s Mkuju uranium project in southern Tanzania
- The company will also design and oversee proposed exploration programs which are expected to start at the end of the wet season
- Mkuju represents the company’s focus for the rest of 2022
- GLA shares are up 3.33 per cent, trading at 3.1 cents per share
Gladiator Resources (GLA) has announced that its wholly-owned Tanzanian subsidiary Zeus Resources has appointed the MSA Group to assist with “aggressively progressing” its Tanzanian uranium projects.
“The company believes that its southern uranium projects have exciting potential and the appointment of MSA brings the expertise to fast track resource estimation and to significantly progress the exploration process,” Gladiator Chairman Ian Hastings said.
Mr Hastings said MSA will also oversee the exploration planning and commence a review aimed at updating the Mineral Resource Estimate for the Likuyu deposit at GLA’s Mkuju uranium project in southern Tanzania.
MSA, a South Africa-based independent consulting company, will bring over 35 years of global exploration and mining industry knowledge to the partnership. It will be updating the Likuyu deposit to ensure compliance with JORC 2012 guidelines.
The company will also design and oversee proposed exploration programs which are expected to start at the end of the wet season, an important part of the GLA’s plans for 2022 with Mkuju representing the company’s focus for the balance of this year.
The proposed work plan and budget are expected to focus initially on ground follow-up and drilling of existing radiometric anomalies and conducting a detailed ground radiometric survey over the prospective regional geology within the project areas.
Multiple intercepts at the Mkuju tenements revealed promising uranium reserves. The site was previously owned by multiple other companies, making data for the region readily available.
GLA shares are up 3.33 per cent, trading at 3.1 cents a share at 1:11pm AEDT.
