Connected Minerals (ASX:CML) said that it confirmed drill targets after completing a horizontal-loop electromagnetic survey at its Swakopmund uranium project in Namibia, according to a filing with the Australian bourse on Tuesday.
Planning for an initial drill program at the project is underway and drilling is expected to begin in the second quarter, the filing said.
The project area was granted to the firm in January following approval of its environmental clearance certificate, per the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.