Announcement Date: 2023-02-28
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Haranga Resources Ltd.
Project name: Saraya
Location: Senegal
Commodities: Uranium
Highlight: Drilling results incl. 36.4m at 0.12% U from 78.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Haranga Resources Limited (ASX:HAR; FRA:65E0; ‘Haranga’ or ‘the Company’) is pleased to announce that its maiden diamond drill program at the Saraya Prospect in Senegal was completed. The program consisted of 22 diamond drill holes for a total of 3,021 metres (Table 1 and Figure 3). The drilling was carried out by International Drilling Company (IDC, Africa) with downhole radiometric logging by Terratec Geophysical Services (Germany). The drill program was aimed to achieve the following. • Validating the geological model used to estimate the recently published Exploration Target of 5 to 20 MT at a grade range of 350 to 750 ppm eU3O8 (4-35 Mlb contained eU3O8). The potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to estimate a Mineral Resource. It is uncertain if further exploration will result in the estimation of a Mineral Resource.
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