CUCO set to aquire Falea Project in 5 days With the battery metal market anticipated to grow due to increased demand for Electric Vehicles and carbon-neutral energy sources, many investors are looking for high potential jrs in this sector. One for your consideration is African Energy Metals (Tickers: CUCO.v or NDENF for US investors).
CUCO's Manono project in (DRC) covers 200 km2 and is prospective for lithium, tin, tantalum and REEs.
In just 5 days CUCO.v is set to acquire the Falea Project (Mali). Falea spans 225 km2 and has a large uranium deposit with significant copper and silver resources.
Significant exploration has already been conducted on the Falea project including 945 diamond drill holes.
Based on findings from these holes the project has an Indicated Mineral Resource Estimate of 6.88M Tonnes at 0.115% U3O8, 0.161% Cu and 72.8 g/t Ag.
However, only 5% of the 225 km2 property has been explored and most ore zones remain open for exploration and expansion.
For those interested, CUCO's investor deck has ample information to help answer any questions prospective buyers might have:
https://africanenergymetals.com/wp-content/uploads/2023/02/African-Energy-Metals-Corporate-Presentation_2023.02.01.pdf
Posted on behalf of African Energy Metals Inc.