Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Delecta Limited ( (AU:MOM) ) is now available.
Moab Minerals Limited has reported promising assay results from its Manyoni Uranium Project in Tanzania, with 40 out of 53 drill holes showing significant uranium mineralization. The results indicate a consistently mineralized system suitable for low-cost, open-cut mining, and the company plans to incorporate these findings into a JORC 2012 compliant Mineral Resource Estimate. The acquisition of adjacent AuKing tenements is expected to further enhance Moab’s uranium resources, potentially strengthening its position in the uranium market.
More about Delecta Limited
Moab Minerals Limited is a company operating in the mining industry, focusing on uranium exploration and development. The company is engaged in projects primarily in Tanzania, Africa, with a market focus on expanding its uranium resource base.
Current Market Cap: €1.01M
Find detailed analytics on MOM stock on TipRanks’ Stock Analysis page.