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- Uranium prices stayed around US$103/lb on the NYMEX over the weekend
- Haranga Resources (ASX:HAR) is exploring for uranium in Senegal, West Africa
- Its flagship is the Saraya project
- Shares last traded at 16.5 cents
Haranga Resources (ASX:HAR) has restarted the RC drill rigs at its Saraya project in Senegal, West Africa.
On the hunt for uranium, the junior has no shortage of good target leads to keep it busy through 2024.
With drillers back on site post-Christmas break, Haranga has its eyes on an expanded JORC before too long.
The current resource reflects 16.1 million pounds of ore with grades of 587ppm uranium.
Not great not terrible prima facie, but with that much ore, there’s at least significant potential.
To that end, the company anticipates to have first-round assays in its hands by late March with the JORC boost to follow in April.
A company called FTE Forage is conducting the drilling and up to a further 5km worth of core equivalent is set to be sent off to the labs as part of this second leg of activity.
Haranga noted this morning that any JORC upgrade is a “potential” one.
HAR shares last traded at 16.5 cents.
