/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:
quote
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.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/KZAP/kzap_other_accidents_260724_1.pdf
[2024-07-26]