Enrg Elements

ENRG Elements Limited (ASX:EEL) is a company focused on the exploration and development of its uranium and copper projects, commodities that are essential for a carbon-neutral and electric future.

The company holds 100% of the underexplored Agadez Uranium Project located in the Tim Mersoi Basin of Niger, with a JORC Resource of 10.7m pounds of contained eU₃O₈ at 295ppm (150ppm cut-off grade) from surface to only ~30m depth, with exploration currently underway to advance the project. Agadez hosts similar geology to Orano SA’s Cominak/Somair and Imouraren mines and deposits held by Global Atomic Corporation (TSE:GLO) and GoviEx Uranium (CVE:GXU).

Niger has one of the world’s largest uranium reserves and in 2021 was the seventh‐highest uranium producer globally, with the Tim Mersoi Basin in Niger hosting the highest-grade and tonnage uranium ores in Africa.

ENRG also holds the 100% owned Ghanzi West Copper-Silver Project with a total area of 2,630km² in the Kalahari Copper Belt of Botswana, one of the most prospective copper belts in the world, which also hosts Sandfire Resources’ (ASX:SFR) Motheo Copper Mine and Khoemacau Copper Mining’s Zone 5 underground mine. ENRG believes that the Kalahari Copper Belt has the potential for material discovery, with further exploration underway to advance the project.

Botswana is a stable, pro-mining jurisdiction, supportive of mineral exploration and development. According to the 2020 Fraser Institute Annual Mining Survey, Botswana was ranked 1st for ‘investment attractiveness’ in Africa, in addition to being ranked 11th out of 77 countries globally.

The Directors and management of ENRG have strong complementary experience with over 90 years of Australian and international technical, legal and executive experience in exploration, resource development, mining, legal and resource fields.