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- Okapi Resources (OKR) commences a field exploration program at its Newman Lake and Perch uranium projects in the Athabasca Basin in Canada
- The program plans to complete prospecting, outcrop, and boulder sampling to identify uranium targets
- In addition, the company will utilise satellite analysis and compilation work from Axiom Exploration Group to assist its exploration efforts
- Shares are trading 11.1 per cent higher at 20 cents each at 3:46 pm AEST.
Okapi Resources (OKR) has commenced a field exploration program at its Newman Lake and Perch uranium projects in the Athabasca Basin in Canada.
The program plans to complete prospecting, outcrop, and boulder sampling to identify uranium targets.
In addition, the company will utilise satellite analysis and compilation work from Axiom Exploration Group to assist its exploration efforts.
Managing Director Andrew Ferrier said he was excited to begin exploration.
“Our properties at Newnham Lake and Perch remain our highest priority, with historical drilling showing anomalous radioactivity within multiple drillholes, favourable lithologies and untested basement hosted potential at a relatively shallow depth,” he said.
“The field program is mainly helicopter supported and plenty of pre-planning work was required to allow us to commence our exploration program.”
Shares were trading 11.1 per cent higher at 20 cents each at 3:46 pm AEST.
