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Elevate Uranium Ltd (ASX:EL8)
ALERT: Price-sensitive ASX Announcement for EL8
Current share price for EL8 : $0.250 -0.175 (-41.18%)+
Announcement
Release
5 Feb 2026 8:22AM
Price at Release
$0.425
Full Release
Summary
Elevate Uranium Ltd has made a significant announcement regarding the Marenica Uranium Project, reporting a resource update that doubles the uranium grade. This development marks a crucial milestone, potentially enhancing the project's economic prospects and drawing further interest from investors and partners. The company remains focused on exploring and developing its uranium projects in Namibia and Australia.
Key Points
- Elevate Uranium Ltd has announced a significant update on the Marenica Uranium Project.
- The resource update has resulted in a doubling of the uranium grade.
- This update is a significant milestone for the company, enhancing the project's economic viability.
- The increased resource grade is expected to attract more interest from potential investors and partners.
- The company continues to explore and develop its portfolio of uranium projects in Namibia and Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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