Okapi Resources (ASX:OKR) says its acquired 45 new mining claims and one State Mineral lease, greatly improving coverage of a recognised uranium trend at the Maybell uranium project in Colorado, USA.
Okapi says the acquisition includes an extensive historical database with significant geological data, mine and operational data which will fast track project assessment.
It also says rock samples collected during 2022 shows the high-grade potential of the project, with five samples having values greater than 1,000 ppm U3O8.
Okapi’s Managing Director Andrew Ferrier says Maybell has potential to be a significant project as the uranium renaissance in the US continues to build.