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Haranga Resources Ltd (ASX: HAR) – which is chasing uranium in Senegal – has discovered an eighth anomaly at its flagship Saraya project through infill termite mound sampling (TMS) at the Diobi East prospect, revealing concentrations of 52 parts per million (ppm) equivalent uranium (eU3O8).
The company aims to continue auger drilling at the project, while also undertaking further TMS and processing across the whole of Saraya before the wet season begins in Senegal.
Later this month, Haranga is also hoping to achieve a resource category upgrade for Saraya – which is currently in the inferred category at 16.1 million pounds (Mlb) U3O8 – based on previous metallurgical work, as well as a potential update to the mineral resource estimate (MRE) in June, once drill assays from exploration work have been returned.
Managing director Peter Batten said the termite mound sampling had given the company much to go on for future exploration.
“As the termite mound sampling programs near completion, it is clear that there is a line of anomalism running down the spine of the permit,” he said.
“In addition, a smaller line of anomalism is emerging in the southeast corner of the permit that we are keen to explore: Haranga is optimistic that new discoveries will emerge from concerted exploration within these zones.
“The Company is also eagerly awaiting a potential MRE category upgrade following receipt of previous metallurgical testwork, which confirmed very high recoveries, as well as drill assay results from the recent RC program, additional metallurgical testwork and we are also hopeful of a resource upgrade dependent on results on the drill assays.”
Haranga Resources has been trading at 10c.
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