Kazatomprom has obtained a license for uranium exploration in the Turkistan Region
On September 10, Kazatomprom National Atomic Company announced that it has secured an exclusive six-year subsoil use license for uranium exploration at Block 5 of the Budenovskoye deposit in the Suzak district of the Turkistan Region, according to the company's press service.
The Budenovskoye deposit, located in the Mynkuduk ore district within the Kentse-Budenovskoye metallogenic zone and adjacent to the southern extension of the Inkai deposit, is estimated to contain reserves exceeding 18,000 tons.
“The new block, Budenovskoye 5, holds promise for further development and is an important step of Kazatomprom’s strategy on replenishment of uranium resources. Presence of significant uranium resources, favorable geological conditions and developed infrastructure create unique opportunities for long-term operation. I am confident that this project will help strengthen Kazatomprom’s position as a global leader,” said Kazatomprom CEO Meirzhan Yussupov.(Source:astanatimes)
