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Okapi Resources Ltd. ( (AU:GUE) ) has provided an announcement.
Global Uranium and Enrichment Limited has announced a maiden JORC Mineral Resource Estimate for the Maybell Uranium Project in Colorado, reaching 6.0 million pounds of U3O8 at a grade of 849 ppm. This development follows a successful 25-hole drill program and highlights the project’s potential to expand further, supported by favorable market conditions driven by the U.S.’s energy demand and policy environment.
More about Okapi Resources Ltd.
Global Uranium and Enrichment Limited (ASX: GUE, OTCQB: GUELF) is a company operating in the uranium industry, focusing on uranium exploration and resource development. The company is involved in projects that aim to meet the growing energy demands in the United States, particularly in the context of increasing energy consumption and policy support for energy self-sufficiency.
Average Trading Volume: 1,082,484
Technical Sentiment Signal: Hold
Current Market Cap: A$31.83M
For a thorough assessment of GUE stock, go to TipRanks’ Stock Analysis page.