Haranga Resources confirmed its uranium resource and uncovered valued additions of lithium and tin at its Saraya project in the east African nation of Senegal.
More than 1300 samples underpinned consistent uranium mineralisation in the underlying rock while providing the impetus to advance the multi-mineral exploration campaign further.
As uranium moves above US$59 a pound, the project is already teetering on critical mass with 48,000 metres of compelling drilling data providing a plethora of unexplored opportunities.
The company said termite mound sampling had proved a low-cost and efficient means of detecting the uranium.
“We are also excited to see the presence of other critical minerals in the samples collected and the Company will be investigating this alongside our ongoing uranium exploration program,” chairman Peter Youd said.
Haranga is planning air core drilling for next year while continuing exploration of its Burkina Faso and Côte d’Ivoire gold projects.
HAR’s Australian Stock Exchange-listed share price has risen 8.51 per cent today, selling at 25.5c (11.05 am UTC+ 8 hours).