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Okapi Receives BLM Approval to Drill at Rattler Uranium Project






Highlights


  • Okapi receives BLM & State of Utah approval to drill at Rattler Uranium Project in Utah

  • Drill permit comprises 100 shallow drillholes

  • Purpose of the program is to test the mineralisation historically mined at Rattlesnake

  • Recently returned positive rock samples at both Rattlesnake and Sunnyside

  • Expected drilling to commence in Q3 2022


Okapi Resources Limited (ASX: OKR) (Okapi or the Company) is pleased to announce that it has received a Decision Notice from the Bureau of Land Management’s (BLM) Moab Field Office in Moab, Utah that the Notice of Intent to Conduct Exploration (NoI) filed on 23rd February 2022 was complete, meeting all the information required by surface management regulations. The State of Utah, Division of Oil, Gas & Mining has also approved the NoI as required by state law; drilling can proceed subject to filing of the reclamation surety bond.


The jointly received notices approve Okapi’s reverse-circulation exploration drill program on the Rattler Uranium Project that comprises 100 shallow drill holes to test the extent and nature of the Uranium mineralisation historically mined at the Rattlesnake Mine and confirmed by recent rock sample results (ASX announcement dated 10th March 2022).