Elevate Uranium (ASX:EL8) announces outstanding drilling results at Bigrlyi Joint Venture

Elevate Uranium Limited (ASX:EL8) is pleased to announce the outstanding drilling results released by its joint partner Energy Metals Ltd (ASX:EME) at the Bigrlyi Joint Venture in the Ngalia Basin, Northern Territory. Drillholes BRD2408 and BRD2409 have intersected multiple zones of high-grade uranium mineralisation at the A4 sub-deposit, with BRD2408 standing out with 10.6m at 0.86% eU3O8 from 529.1m downhole. The mineralised zone remains open at depth, and the resource extension drilling program is ongoing. Elevate Uranium owns 20.8% of the Bigrlyi Joint Venture.

Executive Commentary on Outstanding Drilling Results

Managing Director Shubiao Tao expressed delight with the drilling results, highlighting BRD2408 as the best deep drillhole to date. The company has completed approximately 10,500m of RC and diamond drilling, targeting sub-deposits A2, A4, and A15 for resource growth. The downhole gamma surveys have provided encouraging eU3O8 results, particularly from drillholes BRD2408 and BRD2409, indicating high-grade mineralisation. The mineralised zone remains open at depth, and further drilling is planned to determine its full extent.

Summary of Outstanding Drilling Results

Energy Metals Ltd, in partnership with Elevate Uranium, has reported outstanding drilling results at the Bigrlyi Project in the Ngalia Basin. The drilling campaign aimed to grow the uranium resource at Bigrlyi, with notable intersections at the A4 sub-deposit, including BRD2408's standout result of 10.6m at 0.86% eU3O8. The mineralised zone remains open at depth, indicating potential for further resource growth. The company plans to continue exploration to determine the full extent of the high-grade mineralisation. These results mark a significant development for Elevate Uranium's uranium holdings in Western Australia and Northern Territory, positioning the company for potential growth and expansion in the uranium sector.