HomeEnergy MineralsA-Cap Resources to submit Letlhakane mining licence in Q2

A-Cap Resources to submit Letlhakane mining licence in Q2

BotswanaA-Cap Resources, developer of the Letlhakane uranium project in Botswana, has continued throughout the March quarter with the feasibility work required to submit a mining licence application for its flagship uranium project, in the second quarter this year.

The Letlhakane uranium project, which lies adjacent to Botswana’s main North-South infrastructure corridor, has a JORC-compliant mineral resource of662 Mt grading at 211ppm of triuranium octoxide.

Management had identified areas where it can materially improve aspects of its feasibility studies, which still requires some additional time to finalise.

To date, the process modelling and 4 m column leach testwork has been finalised to ensure the leachability, acid consumption and recoveries are all in line with expectations.

The process design has also been finalised which defines the heap leach durations, optimal acid concentrations and uranium kinetics.

A series of mining optimisations are currently under way to provide data to develop a mining schedule for the mining licence application. A final schedule is expected in late May which will use updated acid consumption and process parameters, currently being finalised.

Meanwhile, A-Cap’s environmental and social impact assessment (ESIA) is nearing completion and will be submitted this month – following meetings with key governmental departments to review aspects of the ESIA – conducted in March.

“Well in advance of our targeted submission date for our mining licence application, A-Cap says that it has engaged in positive discussions with the Botswana Department of Mines in March to seek clarification on some of the requirements of its application.

The Department of Mines has recommended that A-Cap apply for an extension of licence to allow the necessary time to complete this work, however, A-Cap’s objective remains to submit our application as soon as possible.

Meanwhile, A-Cap reports that coal evaluation work at the Mea and Bolau coal projects, also in Botswana, has also continued during the March quarter with independent coal specialists Sedgman conducting scoping studies to evaluate the potential economic viability of the projects.

“This work is almost finalised and results will be announced in the next quarter,” A-Cap announced in a statement.

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Chantelle Kotze
Chantelle Kotze is a Johannesburg-based media professional. She is a contributor at Mining Review Africa (Clarion Events - Africa) and has created content for the media brand over the past 6 years.