/KASE, July 26, 2024/ – NAC Kazatomprom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated July 26, 2024:

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National Atomic Company Kazatomprom JSC ("Kazatomprom") announces that it has obtained the subsoil use license for uranium exploration at the Vostochny block of the Zhalpak deposit (East Zhalpak block) located in the Turkestan region.

As part of the state subsoil geological survey program, Kazatomprom conducted geological studies at this block using its own funds, which resulted in the identification of P1 and P2 uranium resources. According to preliminary estimates, inferred resources amount to up to 30,000 tonnes of uranium. The feasibility of further exploration works has been confirmed, aiming to convert these resources into C2 and C1 reserve categories, which will result in updated uranium reserves data at the block.

As part of the Program on replenishment of uranium resources, Kazatomprom plans to conduct exploration works for a period of 6 years, with a subsequent registration of estimated uranium reserves to the state balance.

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The complete press release is available on – see more

[2024-07-26]