Australia's Okapi Resources hits near 3-week high on consolidating uranium mine

Global Uranium and Enrichment

04/01/2023 23:55

** Shares of Okapi Resources  OKR.AX  rise as much as 6.5%
to A$0.165, their highest since Dec 19 
    ** The mineral explorer consolidates Maybell uranium project
in Colorado by acquiring 45 new mining claims and one Colorado
State Mineral lease  urn:newsml:reuters.com:*:nASX6pvH1z
    ** Says next step is completion of an evaluation study in Q1
2023, followed by lodging drill permits and commencing work on a
mineral resource estimate
    ** Stock marks biggest intraday percentage gain since Dec 28
    ** Okapi stock down 56.5% in 2022 
 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))