Mining & Energy

Uranium discovery boosts Muntanga mine prospects

0

Atomic Eagle has reportedly expanded uranium mineralisation at its wholly owned Muntanga Uranium Project in Zambia after a successful drilling campaign at the Chisebuka deposit, strengthening prospects for a larger-scale mining operation.

The latest exploration programme extended the boundaries of known uranium mineralisation, identified new higher-grade zones and confirmed continuity between mineralised areas, providing further evidence of the project’s growth potential.

According to the statement issued on Tuesday, key drill results included intersections of 5.4 metres grading 422 parts per million (ppm) eU₃O₈ from 47 metres, 12.8 metres grading 237 ppm from 40.9 metres and 10.3 metres grading 210 ppm from 81.4 metres.

As a result of the drilling, the northern higher-grade zone has expanded to approximately 900 metres by 600 metres, while the south-western zone now measures around 830 metres by 400 metres.

Read more: Zambia positions itself in global green energy shift with Muntanga Uranium project–Kayumba

Atomic Eagle Chief Executive Officer, Phil Hoskins, said the first phase of the company’s 2026 exploration programme had delivered encouraging results and reinforced the strategic importance of the Chisebuka deposit within the broader Muntanga project.

“The findings demonstrate the potential for Chisebuka to make a substantial contribution to future mine development and resource growth,” Hoskins said.

The company is now preparing to begin reverse circulation drilling aimed at further defining and expanding higher-grade uranium zones at the deposit.

At the same time, drilling rigs have been mobilised to the Muntanga North target, where a maiden drilling programme is set to commence following the identification of several promising exploration targets through ground radiometric surveys.

The exploration success comes as Zambia seeks to broaden its mining sector beyond copper and capitalise on growing international demand for uranium.

Global interest in uranium has been rising in recent years as countries increasingly turn to nuclear energy to strengthen energy security, meet rising electricity demand and support efforts to reduce carbon emissions.

The continued expansion of the Muntanga Uranium Project is expected to enhance Zambia’s standing in the uranium sector while contributing to the diversification of the country’s mineral resource base.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR

Africa’s reading crisis is moving the education debate back home

Previous article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

12 + 9 =