Letlhakane Uranium Project to get P51M boost

Tuesday, April 08, 2014

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.

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Letlhakane Uranium Project to get P51M boost

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.