ACB

A-CAP ENERGY LIMITED - Discussion

19.0% ! 6.9¢

A-Cap Energy Limited, formerly A-Cap Resources Ltd, is a resources company. Its principal... A-Cap Energy Limited, formerly A-Cap Resources Ltd, is a resources company. Its principal activities are the ongoing feasibility studies into the Letlhakane Uranium Project, continuing exploration of its tenement portfolio in Botswana and the evaluation of its coal discoveries. It has coal resources and Greenfield base metals exploration tenements. The Letlhakane Uranium Project is located approximately 80 kilometers from Francistown. The Letlhakane uranium deposits has a joint ore reserves committee (JORC) resource of approximately 365.7 million pounds U3O8 with high grade resource of approximately 103.8 million tons at over 450 parts per million (ppm) U3O8. Its Mea coal deposit is located over 120 kilometers west of Francistown on PL134/2005. The deposit is located within the southern half of PL134/2005 and is hosted in Lower Ecca Group sediments of the Karoo Supergroup. It contains coal in Botswana and has a JORC compliant mineral resource of approximately 335 million tons coal.More