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How Did Elevate Uranium Double Marenica’s Grade? Inside the Resource Upgrade
8:33am on Thursday 5th of February, 2026 AEDT
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Mining
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How Did Elevate Uranium Double Marenica’s Grade? Inside the Resource Upgrade
8:33am on Thursday 5th of February, 2026 AEDT
Key Points
Marenica resource grade doubled to 185 ppm U3O8 at 100 ppm cut-off
Total resource increased to 59.0 million pounds at 50 ppm cut-off with 32% grade uplift
Over 5,000 historical drill holes re-analysed and updated to JORC 2012 standards
Infill drilling planned to re-include excluded areas and upgrade inferred resources
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ELEVATE URANIUM (ASX:EL8)
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