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Delecta Limited ( (AU:MOM) ) just unveiled an update.
Moab Minerals Limited has announced an upgrade to the Mineral Resource Estimate for its Manyoni uranium project in Tanzania, increasing the contained U3O8 by 25% compared to previous estimates. This development, along with the confirmation of a mineralized palaeochannel system, suggests potential for low-cost strip mining and early cash flow from high-grade core areas. Additionally, Moab has expanded its operations by acquiring the Sassare Cu-Au project in Zambia, indicating strategic growth and diversification in its mining portfolio.
More about Delecta Limited
Moab Minerals Limited is a company operating in the mining industry, primarily focusing on uranium projects. It is involved in the exploration and development of mineral resources, with a significant focus on the Manyoni uranium project in Tanzania. The company is also expanding its portfolio with the acquisition of the Sassare Cu-Au project in Zambia.
Current Market Cap: A$3.75M
Find detailed analytics on MOM stock on TipRanks’ Stock Analysis page.