Elevate Uranium (ASX: EL8 | OTCQX: ELVUF) Managing Director & CEO Murray Hill joins The Assay to unpack encouraging pilot plant results from the Marenica Uranium Project in Namibia and what they mean for future project economics.
In this interview, Murray explains how the company’s patented U-pgrade™ technology successfully concentrates low-grade ore – achieving a 7x grade uplift and 79% uranium recovery – while removing acid-consuming calcite to create a significantly smaller, lower-cost room-temperature leaching circuit.
He also shares the milestones investors should be watching for over the next 12 months, following this important early demonstration of the company’s proprietary uranium beneficiation process.
Website: www.elevateuranium.com.au
Primary tickers: ASX:EL8, OTCQX:ELVUF
Stage of development: Development, Exploration
Primary minerals: Uranium
Project/Project locations: Namibia, Australia
Country/Region: Namibia, Australia
