Elevate Uranium Ltd
Elevate Uranium Ltd is an Australia-based uranium exploration and development company.
The business
Elevate Uranium Ltd is an Australia-based uranium exploration and development company. The Company is engaged in the exploration and evaluation of its mineral tenements in Namibia and Australia. Its flagship Namibian portfolio is located in the Erongo uranium province and includes the Koppies Uranium Project and the Marenica Uranium Project. The Koppies tenement (EPL 6987) is located in the Namib Desert region of Namibia. The Marenica Uranium Project (MDRL 3287) covers 321 square kilometers in the Erongo region of Namibia. Its Australian Uranium Projects include Napperby Uranium Project, Fitton Uranium project, and Entia uranium projects. Its Napperby uranium project, located approximately 150 kilometers (km) northwest of Alice Springs, along the sealed Tanami Road. The Fitton project is located in the Flinders Ranges of South Australia, 500 km north of Adelaide in a proven uranium province, within 25 km of the Beverley Uranium Mine and the Four Mile Uranium Mine.
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Latest news
Elevate Uranium on track to complete U-pgrade demonstration plant in 2025
Elevate Uranium (ASX: EL8) is on schedule to complete construction of the demonstration plant for development and potential commercialisation of its game-changing U-pgrade technology. Elevate developed U-pgrade in-house to capitalise on the company’s portfolio of near-surface uranium projects in Namibia and will initially used it to beneficiate ore from its Koppies project. The company intends […]
Elevate Uranium increases Bigrlyi resource by 12% with new MRE upgrade
Elevate Uranium (ASX: EL8) has announced a 12% upgrade to the mineral resource estimate (MRE) for its Bigrlyi project in Australia’s Northern Territory. Elevate – through its 100%-owned subsidiary Northern Territory Uranium – is a 20.8% participant in a joint venture at Bigrlyi, which Energy Metals (ASX: EME) operates. The new MRE of 23.9 million […]
Elevate Uranium ramps up Koppies exploration and U-pgrade testing following $25m placement
Elevate Uranium (ASX: EL8) is cashed up and looking to advance both its Koppies uranium project in Namibia and development of its unique U-pgrade uranium ore beneficiation process. The company recently completed a placement to raise $25 million via a two-tranche placement to domestic and offshore institutional investors including specialist uranium and natural resources funds. […]
Weekly wrap: investors lose patience with Chinese stimulus
Australia’s share market fell to a one month low after investors ran out of patience with Chinese promises to stimulate their faltering economy. That led to weakness among the miners, with even a rise in the gold price resulting in steep falls in the price of gold miners. Nine of the 11 market sectors closed […]
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