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
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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