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Articles by Okapi Resources
Okapi tops up technical expertise to advance US uranium
Okapi Resources has engaged BRS Engineering to spearhead a technical study into its Maybell uranium project in Colorado which historically produced 5.3 million pounds of uranium. The company’s recent land grab at the project comes laden with key geological data and technical reports. Okapi has entrusted the US-based consultancy to sift through the valuable data as it looks to unlock the potential of the Maybell uranium project.
Okapi goes in big on uranium enrichment entity
Okapi Resources is set to become the single largest shareholder of a private Australian company developing and commercialising a bleeding-edge uranium enrichment technology after entering into a binding agreement with Ubaryon. Okapi currently has its foot on a suite of uranium assets in North America and says the investment will help it manufacture a processed form of uranium that is typically imported from Russia.
Okapi expands USA uranium footprint
ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million.
Okapi to drill Canadian uranium ground after lodging permits
Okapi Resources could soon fire up the diamond drill rig and launch a 40-hole, 5000m program at its Newnham Lake and Perch uranium projects in Canada after lodging applications with the Government of Saskatchewan. The looming probe follows a recent exploration drive that unveiled a bevy of compelling targets prospective for basement-hosted mineralisation.
Okapi hits high-grade gold in NSW
Okapi Resources has received the last of its assay results from a recently completed seven-hole diamond drilling program for 1440m at the company’s Enmore gold project in NSW’s New England Fold Belt. Further significant gold mineralisation was encountered including a broad 28m hit grading 2.03 grams per tonne gold from 191m downhole. The drill program was designed to follow up high-grade mineralisation intersected in RC drilling at the project’s Sunnyside prospect last year.
Okapi rock chips unveil fresh uranium drill targets
ASX-listed Okapi Resources has wrapped up its maiden field exploration program at its Newnham Lake and Perch projects in Canada, returning anomalous uranium in over half its 69-piece rock chip samples and highlighting several compelling drill targets. According to the company, the best result graded 265 parts per million triuranium octoxide prompting the explorer to up the ante with a pair of new year drill campaigns.
Diamond drilling yields high-grade NSW gold for Okapi
Okapi Resources has tabled a suite of high-grade assay results following a seven-hole, 1440m diamond drilling program at its Enmore gold project in NSW’s New England Fold Belt. The bumper intersections are courtesy of the campaign’s first two holes and include 4m at 8.85 grams per tonne gold from 184m and follows a 2021 RC campaign that delivered a slew of compelling strikes.
Okapi strikes raft of sulphide zones in NSW gold chase
Okapi Resources has intersected multiple zones of elevated sulphide mineralisation in two diamond holes at its Sunnyside prospect, part of its fully owned Enmore gold project in the huge New England Fold Belt in NSW. Its campaign follows a 2021 probe that delivered a suite of notable hits including 1m at 15.15 grams per tonne gold from 172m inside a monster 174m intercept grading 1.83 g/t gold from surface. The two recently plunged holes form part of an 11-hole, 1800m program at Enmore.
Okapi gets aerial view of Canada uranium play
Okapi Resources has launched a helicopter-supported review at its wholly owned Newnham Lake and Perch projects, part of its larger Athabasca Basin uranium tenements in Canada. The work is part of a maiden exploration program including prospecting, outcrop sampling and vegetation analysis to help identify favourable structural settings for uranium mineralisation.
Okapi joins uranium elite after US acquisition
Okapi Resources has become a key player in the new energy sector after completing the acquisition of 51 per cent interest in the high-grade Hansen uranium deposit in Colorado, USA, from STB Minerals.
Okapi starts diamond drilling for NSW gold
ASX-listed Okapi Resources has hit the go button on an 11-hole, 1800m diamond drilling campaign at its Sunnyside prospect, part of the larger Enmore gold project in northern NSW. The work is aimed at following up on a suite of “exceptional” hits scored in a maiden drilling campaign at the venture late last year. Drilling in progress at Okapi Resource’s Enmore gold project in NSW.
Okapi to kick off maiden Canadian uranium hunt
Okapi Resources is set to dive into a maiden exploration program across a range of exploration projects at its Athabasca Basin uranium tenements in Canada. It has recently completed a comprehensive analysis of satellite image data from its Newnham Lake and Perch projects showing a bevy of attractive targets that call for a closer look.
Okapi reaches for diamond drill in NSW gold search
ASX-listed Okapi Resources is all set to commence an 11-hole diamond drilling program at its wholly-owned Enmore gold project in NSW within the next three weeks. The company plans to follow up last year’s reverse circulation drilling at the Sunnyside prospect that returned exceptional gold assay results. Okapi says mineralisation at the Sunnyside gold prospect remains open at depth and along strike. Additionally, drilling is proposed at the nearby Sherwood prospect.
Vanadium hit adds weight to uranium play for Okapi
ASX-listed Okapi Resources is targeting a two-commodity play at its Rattler uranium project in Utah, United States, after a rock chip sampling program confirmed the samples also contained high-grade vanadium. The results ran up to 12.5 per cent vanadium pentoxide, some way above the general concentrations of up to 2.5 per cent found in some deposits.
Okapi extends Colorado uranium project purchase agreement
North America-focused explorer Okapi Resources has extended the option date of its proposed acquisition of the Hansen uranium project in Colorado, US by 30 days to give both parties time to finalise and execute a definitive deal. Last month, Okapi entered into a binding agreement with STB Minerals to pick up a 51 per cent interest in the high-grade uranium project.
Okapi gets greenlight to probe US uranium ground
Okapi Resources says its wholly-owned subsidiary Usuran Resources has been granted state approval to dive into a drilling program at its Tallahassee uranium project in Colorado, USA. The company says the permit will allow its subordinate to plunge up to 18,200m of drilling across 60 holes at the operation with the intent of bolstering the existing resource.
Okapi cleared to launch Canadian uranium hunt
Okapi Resources is poised to sink its teeth into a 10,000 metre, 24-hole drilling campaign at its Middle Lake uranium project in Canada’s Athabasca Basin after its wholly-owned subsidiary Okapi Resources Canada received the government go-ahead to launch the probe. The company says it has now got its hands on a raft of permits that will also allow it to kick off a ground-based geophysical survey at the venture.
Okapi makes major uranium acquisition
Okapi Resources has swelled its North American energy ground after entering into a binding agreement to pick up a 51 per cent interest in the Hansen uranium deposit in Colorado. The deal stretches the company’s resources at its Tallahassee project by 81 per cent to 49.8 million pounds of triuranium octoxide and boosts the grade by 10 per cent to 540 parts per million triuranium octoxide.
Okapi Utah uranium probe gets government sign off
Okapi Resources is set to sink 100 shallow drillholes at its Rattler uranium project in Utah, USA after getting its hands on a government drill permit to launch the operation. According to the company, the RC probe will be aimed at testing the degree and nature of mineralisation at the Rattlesnake mine, where a recent rock chip sampling program delivered promising results.
Okapi poised to probe NSW gold ground
ASX-listed explorers Okapi Resources is poised to unleash the diamond drill bit at its Enmore gold project in northern New South Wales after scoring a string of “exceptional” hits in a maiden drilling campaign at the venture late last year. The 11-hole program will follow up on previous work at the Sunnyside prospect, that the company says remains open at depth and along strike.
Rock chips point to high-grade US uranium for Okapi
ASX-listed Okapi Resources has its sights set on a drilling campaign at its Rattlesnake prospect after a 28-piece rock chip sampling program yielded grades as high as 1.24 per cent triuranium octoxide. According to the company, the “exceptional” results didn’t end there with over half of the sample set producing values above 1,000 parts per million. The prospect is part of the larger Rattler uranium project in the La Sal mining district of Utah.
Okapi expands North American uranium footprint
ASX-listed Okapi Resources has expanded its US uranium portfolio after staking more than 460 claims covering 3,600 hectares to acquire the high-grade Maybell Uranium project in Colorado. According to the company, the tenements boast historical production figures of 5.3 million pounds of uranium trioxide with a cracking average grade of around 1,300 parts per million.
Okapi taps ex Newmont exec
Uranium and gold explorer Okapi Resources has appointed former Newmont and LionOre executive Brian Hill to the role of Chairman, replacing Peretz Schapiro who helped engineer Okapi’s turnaround over the last year. Hill has a solid domestic and international record of building mining companies into significant acquisition targets.
Okapi to probe Canadian uranium ground
ASX-listed Okapi Resources has upped the ante at its North American uranium play after signing an agreement with Canada’s ALX Resources to secure a portfolio of six advanced exploration projects in the Athabasca Basin. Collectively, the projects house 75 granted mineral claims across 55,000 hectares and sit in the world’s premier uranium district according to the company. Okapi will initially probe two projects with superior exploration potential.
Okapi kicks off Utah uranium exploration play
ASX-listed Okapi Resources has boots on the ground at its high-grade Rattler uranium project in Utah, USA with the Perth-based company’s first-pass exploration checklist at Rattler to include a detailed review of historical workings, geological mapping and rock chip sampling. Okapi anticipates wrapping up field work by the end of the year ahead of a drill campaign earmarked for early in the new year.
New Okapi MD to drive North American uranium play
Okapi Resources has appointed highly experienced mining executive Andrew Ferrier as the company’s new Managing Director. Ferrier brings with him over 15 years’ experience in corporate finance, management and principal investment roles in the global mining sector. He previously spent over a decade at Pacific Road Capital - a mining and metals-focused private equity investment firm with interests across Australia, Canada and the US.
Okapi targets white-hot USA Uranium Market
Perth-based Okapi Resources has entered into an agreement with Canada’s ALX Resources to acquire a portfolio of six advanced exploration projects in the Athabasca Basin - the world’s premier uranium district. The projects include 75 granted mineral claims covering an impressive 55,000 hectares. Okapi will initially focus on the Cluff Lake and Newnham Lake projects where it will target high-grade unconformity-related uranium deposits.
Okapi tables maiden USA uranium resource
Okapi Resources has wasted no time in producing a maiden uranium resource at its Tallahassee uranium project in Colorado, USA. The company only finalised the acquisition in August and has already announced a maiden resource of 25.4 million tonnes going at 490 ppm U3O8 for 27.6 million pounds of yellowcake. Plans are now underway to commence a 10,000-metre maiden drilling program to bolster the resource further.
Okapi picks up new US uranium ground
Okapi Resources has acquired additional high-grade uranium pounds adjacent to its existing tenure on a new mining lease executed with the State of Colorado. Okapi has secured a 100 per cent interest in 640 acres of prospective acreage around the High Park uranium deposit. Black Range Minerals previously established a JORC 2012 resource of 2.48 million pounds U3O8 at 570ppm U3O8 in the new project area.
Okapi nails down Enmore gold asset purchase
Okapi Resources has pressed ahead with its acquisition of the Enmore gold project about 30km south-east of Armidale in the New England fold belt in NSW after satisfying minimum expenditure and drilling requirements under the terms of the original purchase agreement. The company has elected to make the first milestone payment of $300,000 to the Enmore vendor through the issue of Okapi shares, subject to shareholder approval.
Okapi snaps up old uranium mine in USA
Multi-mineral exploration company, Okapi Resources has snapped up a 100 per cent interest in the historical Sunnyside uranium mine in Utah, USA, after staking mining claims that cover 960 acres adjacent to Okapi’s existing Rattler uranium project. The Sunnyside uranium mine comprises several small past-producing pits where uranium and vanadium were both mined in the early 1900’s at high grades. The project has been no modern exploration since.
Dazzling NSW gold discovery for Okapi
Mineral exploration company, Okapi Resources’ share price soared by more than 50 per cent in intra-day trading after unveiling a monster 174m gold intercept going 1.83 g/t gold from surface at its Enmore gold project in northern NSW. The company says that grade appears to be increasing at depth with the hole terminating with a 1m interval at 15.15 g/t gold from 172m.
Okapi nails down US uranium acquisition
ASX-listed junior explorer Okapi Resources has finalised the purchase of a portfolio of high-grade uranium projects in the United States in a deal it says is transformational. The Perth-based company assumes 100 per cent ownership of the brownfields uranium assets following the recent completion of an all-scrip acquisition of private Australian group Tallahassee Resources.
Okapi uncovers 2km lithium target in WA Goldfields
ASX-listed Okapi Resources has uncovered a 2-kilometre-long lithium target from a recently completed soil program at its newly acquired Lake Johnston project 450km east of Perth in Western Australia. Lithium in soil results have graded up to 86 parts per million and bear strong similarities with nearby results recently announced by joint venture partner Charger Metals at the adjoining Mount Day project.
Okapi Resources lands ‘transformational’ US uranium deal
Okapi Resources has secured a package of brownfields uranium assets in the US via an all-scrip “transformational” acquisition of Australia-based Tallahassee Resources. The company will pay the vendors of Tallahassee Resources 33.5 million new Okapi shares and 16.75 million options as consideration for the deal and inherit 100 per cent of the mineral rights over the Tallahassee uranium project tenure in Colorado’s Tallahassee Creek uranium district.
Maiden NSW gold drilling results near for Okapi
Okapi Resources says wet weather won’t stop the ASX-listed junior explorer completing the maiden drilling program at its Enmore gold project in New South Wales within the next two weeks. Nearly 770m in six of 8-10 planned holes have been drilled so far as the company follows up promising drill results from 20 years ago at two priority target areas.
Okapi to delve deeper in New England Fold gold search
ASX-listed junior explorer, Okapi Resources has kicked off a maiden round of drilling at its Enmore gold project about 30km south-east of Armidale in NSW’s New England Fold Belt region. The company says the first-pass drill program, consisting of up to 10 reverse circulation holes for at least 1,000m, will probe priority targets at its two key brownfields prospects.
Okapi launches NSW gold hunt
ASX-listed junior explorer, Okapi Resources expects to start a maiden drilling program at its Enmore gold project about 30km south-east of Armidale in NSW’s New England Fold Belt this week after securing a drill rig. The Perth-based company plans to drill an initial eight-to-10 reverse circulation holes totalling about 1,000m at the project’s key Sunnyside and Bora prospects.
Okapi picks up additional Lake Johnston gold ground
ASX-listed Okapi Resources has snapped up a tenement containing the historical Maggie Hays Hill gold workings and abutting its Mount Day project in the Lake Johnston greenstone belt in WA. The new ground takes in an interpreted structural target and coincident gold in soil anomaly together with the old workings, which have yielded historical rock chip values up to 10.7 grams per tonne gold.
Okapi nails down Mount Day gold drill targets
Okapi Resources continues to zero in on gold drill targets at its Mount Day prospect in Western Australia. Infill soil sampling has confirmed the presence of a 1,500m-long, cohesive gold trend that is consistently returning anomalous precious metal values and the company is now preparing to drill test the target in the latter half of this year. Okapi Resources has nailed down a string of gold targets at its Mount Day prospect in Western Australia.
Okapi launches WA kaolin quest
ASX-listed Okapi Resources has kicked off exploration work at its Holly kaolin project in southern WA as part of technical due diligence relating to the recently announced planned acquisition of the project’s owner. The Perth-based company collected about 15 kaolin samples from Holly this week for assaying at a laboratory in Perth.
Okapi joins lucrative halloysite hunt
Okapi Resources has picked up more than 2,000 square kilometres of prospective kaolin ground and joined Australia’s lucrative halloysite hunt. White Knight in South Australia and Holly in Western Australia are two key projects secured by the company with its acquisition of private resource group Bulk Mineral Holdings. Okapi Resources has picked up more than 2,000 square kilometres of prospective kaolin ground and joined Australia’s lucrative halloysite hunt.
Okapi set for maiden drilling at historic NSW gold play
ASX-listed gold explorer, Okapi Resources has received regulatory approvals to kick off a maiden RC drilling program at its recently acquired historic Enmore gold project in NSW’s New England Fold Belt next month. Enmore includes two walk-up drill targets known as Sunnyside and Bora that have already yielded high-grade gold values from historic drilling and rock chip sampling work carried out by previous owners.
Okapi set to drill test NSW gold play
ASX-listed explorer Okapi Resources is set to kick off its maiden drill program at its Enmore gold project in NSW as it continues to search for new drill targets at its West Australian Mt Day project. The company says it is also on the hunt for new projects as it gears up for a busy year ahead. ASX-listed explorer Okapi Resources is set to kick off its maiden drill program at its Enmore gold project in NSW as it continues to search for new drill targets at its West Australian Mt Day project.
Okapi zeroes in on WA gold targets
Okapi Resources is onto extensive gold anomalism at its Lake Johnson project east of Norseman in WA. Soil sampling across the company’s Mt Day gold prospect has thrown up three priority gold targets, the largest of which covers close to 2,000 metres of strike. Management is now planning further sampling across the targets as it looks to drill test them in the coming months. Okapi Resources is onto extensive gold anomalism at its Lake Johnson project east of Norseman in WA.
Okapi snaps up historic NSW gold project
Okapi Resources has completed due diligence on the historic Enmore gold project 30 kilometres south-east of Armidale nearby the recently revived Hillgrove gold-antimony mine in north-eastern NSW and decided to press ahead with the staged acquisition of the asset. Enmore boasts a pair of advanced walk-up drill targets that have returned high-grade gold values from rock chip sampling work and drilling undertaken by previous owners.
Okapi clinches NSW gold project deal
ASX-listed gold explorer, Okapi Resources, has picked up an “underexplored” historic gold project 30 kilometres south-east of Armidale near the historic Hillgrove antimony-gold mine in north-eastern NSW in a cash-and-scrip deal. The company says the Enmore gold project already boasts a couple of walk-up drill targets brimming with high-grade gold values from drilling and rock chip sampling work done by previous owners.
Okapi eyeing off WA gold at Lake Johnson
Okapi Resources has narrowed its focus at Lake Johnson in WA, zeroing in on the Mount Day gold prospect. The company has amended its previously announced farm-in agreement with Lithium Australia, electing to concentrate on the Mount Day tenure, which hosts a 10km long surface geochemical anomaly and has produced rock chips of up to 10.68 grams per tonne gold.
Okapi pivots to gold-nickel in Lake Johnston greenstone belt
Okapi Resources has nailed down a strategic position in the fertile Lake Johnston greenstone belt west of Norseman in southern WA. The company has entered into a farm-in agreement with dynamic market player, Lithium Australia to explore for gold and base metals across that company’s strategic tenement holdings in the same greenstone belt as the old Maggie Hayes and Emily Ann nickel mines.
Rio enters $6m farm-in with Carawine
RTX will spend $1 million in exploration and complete at least 2,000m of drilling at Carawine's Paterson tenements. Monday, 28 October, 2019 - 11:35 facebook twitter linkedin print Junior gold explorer Carawine Resources has announced a $6 million farm-in and joint venture agreement with Rio Tinto to explore its Baton and Red Dog tenements in Western Australia. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
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