Elevate Uranium has outlined a series of exploration and processing milestones across its Namibian operations following work completed during the December 2025 quarter, with key results expected from late January 2026 through to the March quarter.
At the Namib IV tenement within the Koppies Uranium Project, exploration during the quarter focused on infill drilling to support the declaration of a maiden mineral resource.
The company said drilling at Namib IV is progressing with the aim of estimating this maiden resource in early calendar year 2026. Namib IV is located about 10 kilometres south of the existing Koppies resource.
Any resource delineated at Namib IV would add to the overall Koppies Uranium Project resource base and could extend the potential life of mine or support higher production rates at any future mining operation, Elevate noted.
“A total of 217 drill holes for 6,091 metres were drilled and downhole gamma probed at Namib IV since the end of the September quarter. Across Namibia, drilling activity during the quarter amounted to 260 holes for a total of 11,330 metres,” the company said.
Drilling at Namib IV focused on infilling the mineralised envelope to confirm that drill spacing is suitable for maiden resource estimation.
In parallel, 15 holes were drilled at the Koppies deposit to test for extensions of mineralisation beneath the current JORC-compliant resource. Results from this programme are expected during the March quarter.
At the Marenica Uranium Project, validation of historical drill hole data continued throughout the quarter, with an updated resource estimate expected to be completed in the March quarter.
“In addition, 25 holes were drilled at the Marenica Dome to improve understanding of the local geology, with results also expected during the March quarter,” the company said.
Three deep holes were drilled at Capri to test a mineralised anomaly identified through gamma probing of a historical water bore. Results from this work are also expected during the March quarter.
On the processing front, the U-pgradeTM pilot and demonstration plant was assembled in Namibia during the quarter. Commissioning and operator training are nearing completion, with steady-state operations expected to begin in late January 2026.
Once fully operational, the plant will be used to demonstrate the potential benefits of the company’s proprietary U-pgradeTM beneficiation process and the value it could add to its uranium projects.
“The plant is designed to confirm, at a scalable size and operating on a continuous basis, that the U-pgradeTM process can remove gangue waste material and concentrate uranium mineral into a low-mass, high-grade concentrate prior to leaching, thereby de-risking the process ahead of commercialisation,” Elevate said.
The U-pgradeTM process was developed using ore samples from the Marenica Uranium Project. Initial steady-state runs are expected to be completed using material excavated from test pits at Marenica, after which ore from the Koppies resource will be processed.
