Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026
HIGHLIGHTS
Dasa Uranium Project – Mineral Resource Estimate On May 23, 2023, the Company announced the completion of an updated Mineral Resource Estimate ("MRE") for the Dasa Project. The MRE includes the results of a 16,000-meter drill program that was designed to convert Inferred Resources to Indicated Resources and resulted in a 50% increase in Indicated Resources at a 1,500-ppm cut-off grade.
Dasa Uranium Project – Off-take Agreements In 2023, the Company formalized three off-take agreements with major North American utilities for the delivery of 1.4 million pounds U 3 O 8 per year for the first five years of mining. These off-take agreements represent a small percentage of the current 68.1 million pounds of production in the new 23.75-year Mine Plan and provide the Company with the ability to repay the debt financing facility, […]
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