GUE - Global Uranium And Enrichment

[System]

Okapi Resources has interests in 2 gold exploration projects. The Crackerjack Project is located in the Kimberley region of Western Australia near Halls Creek. The Company currently holds the right to acquire a 100% interest in the Crackerjack Project.

The Mambasa Project is located in the Democratic Republic of the Congo and is located approximately 18 kilometres from Mambasa in the east of the country. The Company currently holds the right to acquire a 70% interest in the Mambasa Project.

The Projects are prospective for gold and/or base metals. They range from early-stage exploration over areas that have not been subject to significant exploration (the Crackerjack Project), to more advanced exploration in areas that have recorded historical mining activity and current artisanal activity (the Mambasa Project).

It is anticipated that OKR will list on the ASX during August 2017.

http://okapiresources.com

 

[greggles]

Okapi Resources dives into the uranium sector with the acquisition of Tallahassee Resources Pty Ltd, which holds a portfolio of large, high-grade uranium projects in the USA.

OKR up 36.4% following the news but its market cap is still only around $12 million. The announcement reads well and the projects look like they have potential, but it's still to early to be sure of anything.

OKR might be of interest to those looking to increase their exposure to the uranium sector, albeit a very risky one. Definitely a high risk, high reward play at the moment.

 

[Stockbailx]

Interesting to see how this plays out, I have interest in the private sector being Uranium, not being a commonity as such. As I hold shares in Zeus and Intrigued in PDN Paladin both Uranium stock they tend to be on the up & up, but how do they do it, considering Uranium ain't mined. I understand Zeus made its recent gain through some sort of capital raising, and has the potential for future progress. As the demands for Uranium climbs slowly as a source of clean energy, One wonders about the supply and how its maintained for capital gains?..

 

[greggles]

Some nice wide, shallow gold intersections from the Enmore Gold Project announced today. It won't cost much to get that at and near surface gold out of the ground with an open pit mine. The company says that the "mineralisation remains open at depth and along strike with indications that grade may be increasing with depth."

 

[noirua]

Website: https://okapiresources.com/

September 29, 2023 - Annual Report to Shareholders: https://wcsecure.weblink.com.au/pdf/OKR/02718817.pdf

Uranium Projects: https://okapiresources.com/projects/

Announcement September 28, 2023: https://wcsecure.weblink.com.au/pdf/OKR/02717305.pdf
Okapi advances permit at Tallahassee Uranium Project

 

[noirua]

Website: https://okapiresources.com/

September 29, 2023 - Annual Report to Shareholders: https://wcsecure.weblink.com.au/pdf/OKR/02718817.pdf

Uranium Projects: https://okapiresources.com/projects/

Announcement September 28, 2023: https://wcsecure.weblink.com.au/pdf/OKR/02717305.pdf
Okapi advances permit at Tallahassee Uranium Project

Presentation: https://wcsecure.weblink.com.au/pdf/OKR/02678204.pdf
Okapi has strong strategic positions in North America’s most prolific uranium districts – the Tallahassee Creek Uranium District in Colorado, and Canada’s Athabasca Basin, which currently supplies about 20% of the world’s uranium.
Okapi’s Enmore Gold Project in New South Wales, which lies in the New England Fold Belt near the operating Hillgrove Gold Mine (ASX:RVR), returned impressive maiden drilling results in 2021 leading to new diamond drilling in 2022 to follow up strong intercepts.

Tallahassee Uranium Project​

Our flagship Tallahassee Uranium Project comprises five major uranium deposits in Colorado, USA with an overall JORC Resource of 49.8Mlbs U3O8 (average grade of 540ppm).
Located 140km southwest of Denver and 30km northwest of Canon City, Colorado, USA, the Tallahassee Uranium Project comprises two exploration leases that encompass the Boyer, Noah, Taylor, Hansen, and Picnic Tree Uranium Deposits, as well as mining claims that cover a portion of the High Park Uranium Deposit.
Okapi is focused on further expansion and consolidation in the region and has a clear strategy to expand Tallahassee’s existing resource. Our on-the-ground team has a long history of working in the area.

Okapi’s legacy Enmore Gold Project in New South Wales lies in the New England Fold Belt near the operating Hillgrove Gold Mine (ASX:RVR) which has produced over 730,000oz of gold.

The Maybell Uranium Project is situated in a recognised historical uranium mining district in Colorado USA, with historical production of 5.3Mlbs of U3O8 (average grade, 1,300ppm).

Located within the recognised La Sal Uranium District in Utah, the Rattler Project is located 85km north of Energy Fuels Inc’s White Mesa Uranium/Vanadium mill in Utah – the only operating conventional uranium mill in the USA.

Okapi has six exploration projects in Canada’s Athabasca Basin, best known as the world’s leading source of high-grade uranium and responsible for about 20% of the world’s uranium.

 

[System]

On November 28th, 2023, Okapi Resources Limited (OKR) changed its name and ASX code to Global Uranium and Enrichment Limited (GUE).

 

[finicky]

A chart with image potential. Of note are the positive high volume weekly spikes, transition to a higher low and broader appearance of a rounding low, positive cross of moving averages, positive divergence of momentum indicators. In the volatile U3O8 sector.
Just took a superficial look and what stayed are the tenements in U.S and in a terrane of Canada where 20% of the world's uranium production happens, in addition to some partial investment in a uranium enrichment technology.

Not Held
Prbly not buying

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