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The latest announcement is out from Delecta Limited ( (AU:MOM) ).
Moab Minerals Limited, operating in the uranium sector, has announced positive assay results from its initial drilling program at the Manyoni Uranium Project in Tanzania. The results, showcasing significant uranium mineralization across 51 drill holes, suggest potential for low-cost, open cut mining due to the shallow depth of mineralization. As the company anticipates additional assay results and the completion of a key acquisition of neighboring tenements, these findings are expected to contribute to a JORC-compliant Mineral Resource Estimate in 2025, enhancing Moab’s resource base and industry positioning.
More about Delecta Limited
Current Market Cap: €1.9M
See more insights into MOM stock on TipRanks’ Stock Analysis page.