A-Cap discovers high-grade uranium

In a statement released yesterday, A-Cap Chief Executive Officer, Paul Thompson said the results indicated the presence and continuity of high-grade mineralisation in shallow zones targeted for early production. “We are very happy with the excellent results from our last drilling programme, which continues to confirm the presence and continuity of high grade mineralisation in shallow zones targeted for early production. This is good news for project economics,” he said.

The feasibility studies are ongoing, and the Environmental Social Impact Assessment (ESIA) will be completed by March 2015.