ASX-listed Lotus Resources has reported a 31% increase in the mineral resource at the Kayelekera uranium project, in Malawi.
The company said that the resource increase was driven by the identification and inclusion of a previously unmodelled high-grade basal arkose unit beneath the pit, and the inclusion of existing run-of-mine and low-grade stockpiles created while the mine was in production between 2009 and 2014.