Okapi’s perfectly timed US uranium pursuit is officially underway

Okapi Resources is officially in the uranium game, having finalised the acquisition of Tallahassee Resources and its suite of large, high grade US projects. Okapi (ASX:OKR) announced its shift into US uranium last month with acquisition of Tallahassee, the owner of the Tallahassee uranium project in Colorado where a JORC 2004 resource indicates there is 26 million pounds of uranium oxide at a grade of 540 parts per million lying in wait.

The project also has significant exploration upside, and its acquisition comes at a time when the overarching uranium narrative is improving on the back of nuclear’s seemingly essential role in providing essential baseload power in a green energy future.

As the price of the commodity approaches five-year highs , Okapi has set off on high impact fieldwork programs. It has also added geologist Ben Vallerine as a technical director, bringing considerable US uranium experience to its board.

Vallerine spent six […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet