The Valeria South uranium zone has a north-south strike of 1000 m, and an east-west extent of 220 m. In addition, uranium can also be found in relatively low grade, discontinuous pods in the footwall gneisses, where it is free of copper; this style of occurrence has not been targeted as the potential to generate significant tonnes and continuous ore shoots appears limited. Valeria South is open to the south.
Uranium Resource base for Lumwana Project:
Malundwe Indicated: 4.7Mt at 950ppm U3O8 for 9.920.000 lbs
Malundwe Inferred: 3.9Mt at 470ppm U3O8 for 4.009.000 lbs
Chimiwungo: 2.2Mt at 560ppm for 2.660.000 lbs
Lumwana Project (LML49)
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