The Assay TV meets with Murray Hill, managing director, and CEO of Elevate Uranium (ASX: EL8), a uranium exploration company with resources in Namibia and Australia.
Murray highlights that the company recently increased the JORC inferred mineral resource estimate for its Koppies Uranium Project to 57.8Mlb U3O8 with further resource expansion expected in the future. The mineralization at Koppies is very shallow which implies a low-cost mining operation at the project.
Further, he states that uranium is a clean energy source, leveraged to the global low carbon and electrification economy trends.
Website: www.elevateuranium.com.au
Primary tickers: ASX:EL8, OTCQX:ELVUF
Stage of development: Exploration
Commodity: Uranium
Projects to promote: Namibian & Australian Projects
Project locations: Namibia, Australia