Connected Minerals Ltd (ASX:CML) Reports Exceptional Uranium Results at Etango North-East
Exploration Results
Connected Minerals Ltd (ASX:CML) has completed its extended maiden trenching and sampling programme at the Ondapanda Prospect within the Etango North-East Project in Namibia. The programme returned high-grade uranium mineralisation, including 1m @5,413 ppm U from Trench 1 and 1m @4,847 ppm U from Trench 6.
Project Highlights
A total of 132 rock chip samples were collected over 139m of newly extended trenches. Significant results include Trench 1 with 46m @506 ppm U, Trench 3 with 10m @367 ppm U, Trench 4 with 1m @511 ppm U, and Trench 6 with 1m @4,847 ppm U. Additionally, a detailed scintillometer survey identified three key areas of interest: Ondapanda, Onkumbwa, and Pandula Prospects, each demonstrating similar characteristics to the high-grade mineralisation at Ondapanda.
Future Plans
Connected Minerals is assessing the successful trenching and sampling results to identify high-priority drill targets. The company anticipates commencing its maiden drilling programme in Q1 2025 and is currently in discussions with multiple drilling firms to secure the earliest start date.
Executive Comments
Managing Director and CEO Mr Warrick Clent stated, “We are very excited by the results from this extended programme at Etango North-East, which is located along strike from, and within the same rock units as Bannerman Energy’s world-class Etango Uranium Project. These outstanding results, from a further 132 rock chip samples, extend the high-grade area of mineralisation identified by the Company from our initial exploration programme. Additionally, with three potential zones identified by the Scintillometer survey, we certainly have multiple targets to focus on in the coming months and build on this promising start. Given the success to date at Etango North-East, we are looking to commence our maiden drilling programme as soon as possible. We look forward to updating the market with a drilling commencement date shortly.”
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