Uranium Resources plc (LSE:URA) announced an update on the drilling program at its Mtonya uranium project in Tanzania.
As quoted in the press release:
Significant drill intercepts at Mtonya confirm continuity of uranium mineralisation in Tier 1 roll-fronts at depths between 120 m and 220 m. The demonstrated extent of the Tier 1 redox interface is well over 3 km where three continuous, overlapping roll-fronts have been identified. Seventy wide-spaced diamond drillholes totaling approximately 16,500 m completed to date over Tier 1. Twenty drillholes intersected uranium mineralisation and sixteen drillholes encountered grades over 100 ppm U3O8.