Energy Metals Ltd (AU:EME) has released an update.
Energy Metals Ltd has announced a significant upgrade to their Bigrlyi Uranium and Vanadium Deposit’s Mineral Resource Estimate, with a 19% increase in average resource grade to 1,530ppm U3O8 and an elevated confidence level as 18% now falls under the Measured Resource category. The deposit’s contained resource has also risen to 9.66kt U3O8. These advancements are expected to bolster the company’s ongoing resource extension drilling campaign and are in line with the latest JORC (2012) guidelines.
For further insights into AU:EME stock, check out TipRanks’ Stock Analysis page.