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

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes. Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally. Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making. Highlights: Keye introduces an AI co-pilot for private equity due...

Cosegic Strengthens Financial Crime Expertise with Fintrail Acquisition

The acquisition enhances Cosegic's capabilities in combating financial crime. Highlights: Cosegic acquires Fintrail to enhance financial crime capabilities.The acquisition...