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ENRG Elements (ASX: $EEL) announces positive results from ground survey and trenching program

Preliminary results from ground survey and trenching program at Agadez Uranium Project


ENRG Elements Limited (ASX: $EEL) has announced the preliminary results from the ground survey and trenching program at the Company's Agadez Uranium Project in Niger. The program consisted of five trenches at three sites, with a total length of 157m, and ranging in depth from 0.9 to 2.5m. The survey and trenching program have demonstrated the continuity of higher-grade mineralisation in the Mousseden Formation, particularly in the downstream direction with radiometric readings >10,000cps in four out of five trenches.

Executive Commentary on Ground Survey and Trenching Program


ENRG Elements Managing Director, Caroline Keats, stated, 'This ground survey and trenching program has been important for ENRG Elements, providing crucial insights into the near-surface mineralization at Takardeit and enhancing our understanding of the mineralized paleochannel systems in the region. The identification of significant anomalies through radiometrics underscores our ability to better target higher-grade mineralization within the Mousseden Formation. Upon receiving and compiling all pending assay data, we'll refine our drilling targets within the extensive mineralized paleochannel systems at Takardeit, guiding future resource updates as we advance our exploration efforts at Agadez.'

Summary of Ground Survey and Trenching Program


The ground survey and trenching program at ENRG Elements' Agadez Uranium Project have demonstrated the continuity of higher-grade mineralization in the Mousseden Formation. The program's results will help the company better define its future drill spacing and targeting strategy for exploring the higher-grade Mousseden palaeochannel system. The preliminary identification of mineralized zones by scintillometer has provided valuable insights, and the upcoming assay results are expected to refine the drilling targets and guide future resource updates. The program has validated the company's view on the geology and mineralization of the current tenement package and the Takardeit deposit area in particular, which will be used for upcoming drill planning and any future Mineral Resource Estimate update.

ENRG ELEMENTS LTD
EEL | ASX | Materials
0.0030(+0%)
At close 05/07 (AEDT)
Market cap
$3.0M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.017
1YR Return
-89.286%

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