Kayelekera Uranium Project

Kayelekera Uranium Project

Lotus Resources Limited commissioned orelogy to undertake a multi-phase program for the completion of the mining section for the Kayelekera PFS.

Kayelekera Uranium Project is a large, 157km2 tenement package with excellent exploration potential and hosts a high-grade resource with an existing open pit mine and mill which has previously demonstrated excellent metallurgical recoveries. It is located in northern Malawi, ~570 km to the north (by road) of Llongwe which is the capital of Malawi.

Phase 1 is summarised below and focuses on reviewing a series of options and selecting a suitable plan for the development of a mine schedule. This will form the inputs for a RFQ that can be sent to a range of mining contractors for pricing.

Phase 1 has kicked off during October 2021 and consists of the following:

– Project kick-off, data review
– Options analysis
– Mining contract request for budget pricing
– Reporting components
– Study management and peer review

Phase 2 commences early in 2022 and is completed over a 14 week program and includes a complete suite of planning activities:

– Project kick-off, data review
– Open pit optimisation
– Pit design & reserves
– Mine infrastructure design
– LOM production schedule
– Mining Cost estimate – contractor
– Site visit
– Risk analysis
– Reporting Components
– Study Management and peer review

Further information on the project can be found on the Lotus Resources website above.

Company
Lotus Resources Limited
Commodity
ENERGY - Uranium
Country
Malawi

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Company
Lotus Resources Limited
Commodity
ENERGY - Uranium
Country
Malawi