Delecta Limited (AU:MOM) has released an update.
Moab Minerals Limited has initiated a significant core drilling program at the Manyoni Uranium Project in Tanzania, aiming to validate previous findings and assess geological data for resource estimation. The project, which is conveniently located near infrastructure, had been shelved due to low uranium prices but is now back in action with promising prospects. Results from the current drilling phase are expected in the coming months, with further exploration planned to expand the known uranium deposits.
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