Delecta Limited (AU:MOM) has released an update.
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Delecta Limited’s Manyoni Uranium Project in Tanzania has completed its validation drilling program, aiming to confirm historical uranium grades and inform a new mineral resource estimate. The first batch of core samples has been sent to a South African lab, with results anticipated by early 2025, and an expanded drilling program is planned following the acquisition of additional tenements from AuKing Mining. These efforts are set to enhance the project’s resource potential, with a maiden JORC resource estimate expected next year.
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