Energia Minerals has advised that Coffey Mining will commence a new resource estimate for its flagship Nyang Uranium Project in Western Australia in mid-January, after receiving further highly encouraging results from its recently completed aircore drilling program.

Final wet chemical assays have been received for a further 11 mineralised holes from the 140-hole program, with about half of the final assays completed and the balance expected over the coming weeks.

The majority of the final assay results were from holes drilled within and peripheral to the Eastern Mineralised Zone and four were from the northern extension of the main Carley Bore resource.

Energia managing director Kim Robinson said the recent drilling program had expanded the Carley Bore footprint considerably, providing further confidence in the potential for continued resource expansion.

“The results from the recent drilling will be incorporated in the upcoming resource upgrade,” Mr Robinson said.

“Following that, we have a lot of further drilling to do at Carley Bore with the mineralisation remaining open in several directions, and we expect to be able to continue to add significantly to that tonnage with ongoing drilling.”