AMU Completes Drilling to Upgrade Lo Herma Uranium Resource
Key points
- 50 drill holes completed, confirming mineralisation in Mine Unit 1 and extending it to the south of Mine Unit 2
- 21 holes intersected mineralisation above the grade cut-off, 13 exceeded target Grade Thickness
- Best intercept was 6.9 meters at 0.044% eU3O8
Full summary
American Uranium Limited (ASX:AMU) has completed a drilling program at its Lo Herma ISR uranium project in Wyoming, USA. The program aimed to convert Inferred resources to Indicated classification within Mine Unit 1 and expand resources south of Mine Unit 2. The drilling confirmed continuity of mineralisation within Mine Unit 1 and extended mineralisation south of Mine Unit 2, with 21 out of 50 holes intersecting mineralisation above the grade cut-off. The best intercept was 6.9 meters at 0.044% eU3O8. This drilling is expected to support the planned Q3 2026 Mineral Resource Estimate update and Scoping Study, further demonstrating Lo Herma's potential as a Wyoming ISR uranium project.
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