ENRG Elements Limited (ASX:EEL, OTC:EELFF) ("ENRG Elements" or the "Company") is thrilled to announce it has been granted the Tarouadji 2 exploration permit in the largely underexplored Tarouadji area, located in the Agadez region of Niger ("Tarouadji Project"). This grant strengthens the Company's landholding position in Niger, underscoring its robust approach to sustainable resource exploration.
Spanning an expansive area of 499.7km², the Tarouadji Project augments ENRG Elements' current assets and complements its existing uranium and copper portfolio. The project is set within a multiphase granitic setting in the Air Massif, favourable for hosting lithium mineralisation.
Just 70km east of the Company's ongoing Agadez Uranium Project ("Agadez Project"), the Tarouadji Project offers strategic geographical advantages. The close proximity of these projects enables an integrated approach to resource exploration, fostering efficiencies across operations and project timelines.
ENRG Elements will initiate exploration work at the Tarouadji Project in Q3 of CY2023. This endeavour will be paired with the verification of historic data, echoing the Company's commitment to comprehensive and meticulous resource exploration.
ENRG Managing Director, Caroline Keats, commented: “The Tarouadji Project offers a unique opportunity for the Company to acquire an area that is host to historic exploration activity that identified a strong lithium anomaly extending for over 2km within granitic host rocks that is adjacent to historic alluvial tin mining1 . As our main operation at the Agadez Uranium Project is only 70km to the west, we are well placed logistically to manage the exploration and development of any potential lithium discovery.”
The Company looks forward to sharing progress updates as exploration activities commence.
About us:
ENRG Elements Limited (ASX:EEL OTCQB: EELFF) is a company focused on the exploration and development of its uranium and copper projects, both commodities which are essential for a clean energy future.
Contact details:
Jane Morgan
jm@janemorganmanagement.com.au