- Gladiator Resources (GLA) says a targeted pitting program at its Minjingu uranium project in Tanzania continues as it awaits results from an initial round of drilling
- The company recently completed the initial reverse circulation drill holes and a ground radiometric survey at Minjingu, identifying discrete anomalous zones within a larger 7.5-kilometre by 2.5km area of elevated dose
- Drilling has been suspended while Gladiator carries out the exploration pitting program designed to further identify trending mineralisation and be used to assist in further drill targeting
- At the company’s Mkuju uranium project, work on the Likuyu deposit aimed at updating its historic mineral resource estimate (MRE) under way
- GLA shares up 3.57 per cent to 2.9 cents
Gold and uranium explorer Gladiator Resources (GLA) says a targeted pitting program at its Minjingu uranium project in Tanzania continues as it awaits results from an initial round of drilling.
The company recently completed the initial reverse circulation drill holes and a 1,971.6 line kilometre ground radiometric survey at Minjingu, identifying discrete anomalous zones within a larger 7.5-kilometre by 2.5km area of elevated dose.
Drilling was suspended while Gladiator undertook the exploration pitting program designed to further identify trending mineralisation and be used to assist in further drill targeting.
The company said out of the 40 exploration pits in the southern plain, nine showed elevated counts per second (CPS) values increasing with depth.
At the company’s Mkuju uranium project in Tanzania, work on the Likuyu deposit aimed at updating its historic mineral resource estimate (MRE) and bringing past exploration results into compliance with the 2012 JORC code was under way.
Gladiator said once the MRE was updated, a full exploration program for the project would be finalised as part of the JORC 2012 report and subject to final regulatory approvals.
“These activities will position the company to commence its full exploration program once the final regulatory approval is obtained,” Chairman Ian Hastings said.
GLA shares were up 3.57 per cent to 2.9 cents at 10:34 am AEDT.