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Haranga Resources uncovers fresh uranium anomalies at Sanela prospect, Senegal

ASX News, Materials
ASX:HAR      MCAP $8.416M
06 October 2023 11:38 (AEST)

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Haranga Resources (ASX:HAR) has identified extensive anomalies of up to 17 parts per million (ppm) uranium at its Sanela prospect in Senegal, within the company’s Saraya project.

The anomaly at the company’s Sanela prospect extends for more than two kilometres along a north-northeast structural trend similar to its Saraya prospect.

Haranga is conducting a regional exploration program in the area, with infill termite mound sampling over its Saraya South and Mandankoli prospects expected to be completed before the end of the year.

“These results from Sanela are timely, as they come close on the heels of our first mineral resource estimate at the Saraya prospect within our Saraya project,” HAR Managing Director Peter Batten said.

“The Saraya mineral resource estimate at 16Mlbs inferred and at a grade of 587ppm equivalent uranium trioxide is a significant result, in itself, but is only the first of, at least, seven anomalies we will be testing within the Saraya project, and whilst the Saraya prospect is the better-defined anomaly, with over 65,000m of drilling, it is also the smallest of the seven anomalies identified, so far.”

The company continues with permit-scale sampling in conjunction with infill sampling over new anomalies to define priority targets for drilling, which will be confirmed during a site visit this month.

Drilling is expected to take place by the end of the quarter.

HAR shares were up 11.4 per cent, trading at 19.5 cents at 11:38 am AEDT

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