Letlhakane Uranium Project to get P51M boost

Lethakane is estimated to have 3 million pounds of uranium
Lethakane is estimated to have 3 million pounds of uranium

Botswana Stock Exchange (BSE) listed A-Cap Resources plans raising $5.8 million (P51 million) through a placement to fund more feasibility work at its Letlhakane Uranium Project ahead of a mining licence application in 2015.

The Letlhakane Uranium Project in the central district ranks as one of the largest under-developed uranium deposits in the world.

A-Cap stated in a press release that the funds received from the placement would enable critical path drilling, process design and environmental work to 
commence immediately.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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