Gladiator Resources: Completes initial mapping and sampling at Eland Hill, Tanzania

Gladiator Resources Completes initial mapping and sampling at Eland Hill, Tanzania

  • Gladiator Resources (GLA) completes initial mapping and sampling at its Eland Hill uranium prospect at the Eland project in southern Tanzania
  • The focus of the initial exploration was systematic rock sampling and scintillometer counts per second (cps) data collection across anomalous radiometric zones
  • The company said all four targets showed multiple, elevated radiometric anomalies of more than 1500 cps with the maximum radiometric anomaly recorded at approximately 9000 cps
  • The company is currently preparing around 120 samples for lab assays which will provide an indication of uranium grade and surface dimensions of potentially mineralised zones
  • At market close, shares in Gladiator traded at 1.6 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos. Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions. Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates. Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus. Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...