Elevate Uranium Reports Promising Drilling Results

Elevate Uranium Ltd (AU:EL8) has released an update.

Elevate Uranium Ltd, in collaboration with Energy Metals Ltd, has confirmed promising drilling results at the Bigrlyi Deposit in the Northern Territory, with chemical assays showing a significant 10.5-meter intersection of high-grade uranium. These results, which are an improvement over previous estimates due to gamma probe limitations, are set to enhance the Bigrlyi Mineral Resource Estimate in early 2025. Elevate Uranium holds a 20.8% stake in the joint venture, pointing to potential growth for investors interested in uranium markets.

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