C29 Metals (ASX:C29)

C29 Metals (ASX:C29) is a company focused on powering the clean energy transition through the systematic exploration and development of its portfolio of uranium and copper assets. In March 2024, the Company acquired the Ulytau Uranium Project in Kazakhstan, the world’s largest global supplier accounting for approximately 43% of global supply of uranium. The Ulytau Uranium Project contains a Non-JORC compliant historic estimate of 9.85M/lbs Uranium @ 2,790ppm. Multiple Non-JORC compliant historic drill intersects greater than 40m and above 6,000ppm U308 from 3m below surface have been recorded. The Company will immediately commence ground geological works through its established in country network. C29 expects to commence the initial drilling programs for historic data validation and testing of underexplored and unexplored areas across the tenement in Q3 CY2024 (dependant on approvals).