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Mamba Exploration (ASX: $M24) prepares for inaugural 2024 drill program

Mamba Exploration Limited's update on Canary Uranium Project


Mamba Exploration Limited (ASX: $M24) is gearing up for its maiden exploration activities at the Canary Project in the eastern Athabasca Basin, Canada. The company has engaged drill and helicopter contractors for the inaugural 2024 drill program, which is expected to commence in early-May. The drill plans will focus on high-priority unconformity-related uranium targets refined by geophysical work completed in 2022. The Canary Project, covering 73sq km, is under a three-year earn-in agreement with vendor Standard Uranium Ltd (TSX.V:STND).

Executive commentary on the upcoming drill program


The Mamba team is looking forward to the inaugural 2024 drill program on the Canary Project. Having access to the technical and operational expertise of the team at Standard only increases the likelihood of success at Canary. We will continue to keep the market updated as we get closer to the beginning of the drilling program.

Summary of Mamba Exploration's Canary Project update


Mamba Exploration Limited (ASX: $M24) is making significant progress in its preparations for the inaugural 2024 drill program at the Canary Project in Saskatchewan, Canada. The company has engaged drill and helicopter contractors and is set to commence the exploration program in early-May. The project, situated in the prolific eastern Athabasca Basin, is under a three-year earn-in agreement with Standard Uranium Ltd. The executive commentary reflects the company's optimism and the potential for success with the support of technical and operational expertise. The Canary Project, covering 73sq km, presents high-priority unconformity-related uranium targets, and the company aims to keep the market updated as the drilling program approaches.

MAMBA EXPLORATION LIMITED
M24 | ASX | Materials
0.0150(+0%)
At close 05/07 (AEDT)
Market cap
$2.8M
Volume
12,855
DY Yield
0
PE Ratio
0
52 Week Range
0.014 - 0.08
1YR Return
N / A

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