Lotus confirms significant uranium potential in updated Letlhakane MRE

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane uranium project, in Botswana. This means the project can deliver 80-million pounds of recovered uranium over its life, based on a 70% recovery rate, the company says.