Lotus Resources Limited (AU:LOT) has released an update.
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Lotus Resources Limited has reported promising results from its Letlhakane Uranium Project in Botswana with 106 out of 109 holes drilled showing continuous uranium mineralization, indicating potential high-grade zones. The company’s infill drilling program aims to upgrade the current Mineral Resource Estimate, as it progresses with development plans for Letlhakane and Kayelekera projects. The scoping level study for Letlhakane and the updated Mineral Resource Estimate are both anticipated to be completed by the third quarter of 2024.
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