NAC Kazatomprom received right to explore uranium at new site of Budenovskoye deposit

10.09.24 17:21
/KASE, September 10, 2024/ – NAC Kazatomprom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated September 10, 2024: quote National Atomic Company Kazatomprom JSC ("Kazatomprom" or "the Company") announces that it has obtained the subsoil use license for uranium exploration at block 5 of Budenovskoye deposit, located in the Suzak district of Turkestan region, for a period of 6 years. "The new block, Budenovskoye 5, holds promise for further development and is an important step of Kazatomprom's strategy on replenishment of uranium resources. Presence of significant uranium resources, favourable geological conditions and developed infrastructure create unique opportunities for long-term operation. I am confident that this project will help strengthen Kazatomprom's position as a global leader," said Meirzhan Yussupov, CEO of Kazatomprom. unquote The complete press release is available on – https://kase.kz/files/emitters/KZAP/kzap_relizs_100924_19.pdf [2024-09-10]