Haranga Resources secures strategic funding

Haranga Resources (ASX:HAR) has secured a $500,000 convertible loan facility from existing and major shareholders. This funding will be used to advance their Ibel South Gold Project to a drill-ready stage, continue auger drilling at the Saraya Uranium Project, and explore new opportunities in gold and clean energy sectors.

Haranga Resources' exploration and future outlook

Haranga Resources has secured $500,000 through a convertible unsecured non-recourse loan facility to advance its exploration projects in Senegal. The Ibel South Gold Project, located in a region known for significant gold discoveries, will move towards a drill-ready stage with planned aircore drilling. The Saraya Uranium Project continues with auger drilling to identify more uranium deposits within a mineralized corridor. With a strategic focus on gold and clean energy, Haranga aims to enhance its market value by exploring opportunities that align with its corporate strategy.

Executive insights on Haranga's funding

The company is pleased to have the continued support of its existing shareholders and major stakeholders, which allows us to progress our strategic exploration activities in Senegal. We are committed to advancing our projects, particularly in the gold and uranium sectors, where significant potential has been identified.