Energy Metals Boosts Bigrlyi Uranium Resource by 12%

An announcement from Energy Metals Ltd ( (AU:EME) ) is now available.

Energy Metals Limited has announced a 12% increase in the Mineral Resource Estimate (MRE) for the Bigrlyi Uranium Project, raising the total uranium content to 10.9kt U3O8. This update follows successful drilling in 2024, enhancing the geological confidence with 20% of the resource now classified as Measured. The project is a joint venture with Energy Metals holding a 72.39% stake and acting as the operator. The increase in resources, particularly at the A4 subdeposit, underscores the project’s growth potential and the company’s commitment to further exploration in 2025.

More about Energy Metals Ltd

Energy Metals Limited is a company operating in the uranium mining industry, primarily focusing on the exploration and development of uranium resources. The company is involved in a joint venture for the Bigrlyi Uranium Project, located in the Ngalia Basin, Northern Territory, Australia.

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Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$16.56M

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