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Connected IO ( (AU:CML) ) just unveiled an announcement.
Connected Minerals reported on quarterly activities centred on its Namibian uranium portfolio, highlighting progress at the Etango North-East Project. The company emphasised its strategic landholding in Namibia’s key uranium province, supported by established regional infrastructure and proximity to operating uranium mines and known deposits.
At Etango North-East, Connected has completed Phase 1 and Phase 2 drilling over a 30 square kilometre licence area, with Phase 2 comprising 23 holes for 3,134 metres finished in 2025. The program delivered encouraging results, with 17 of 23 Phase 2 holes returning economic uranium grades and an overall drilling success rate above 80%, reinforcing geological similarities to Bannerman Energy’s large Etango deposit and supporting the project’s exploration potential.
More about Connected IO
Connected Minerals Limited is an ASX-listed exploration company focused on uranium assets in Namibia. The company holds two exclusive prospecting licences, the Etango North-East Project and the Swakopmund Project, located in the country’s main uranium-producing province and close to existing mines, deposits and infrastructure. This positions Connected Minerals strategically within a globally significant uranium district.
Average Trading Volume: 85,332
Technical Sentiment Signal: Hold
Current Market Cap: A$16.32M
For an in-depth examination of CML stock, go to TipRanks’ Overview page.