RNS Number : 2823N
URU Metals Limited
18 June 2025
 

18 June 2025

URU METALS LIMITED

Launch of Zeb Nickel Project Investor Video

 

URU Metals ("URU" or the "Company") has released a concise five-minute investor video introducing the Zeb Nickel Project (the "Project") located on the mineral rich Northern Limb of the Bushveld Complex in Limpopo Province, South Africa. The video is now available on the Company's website and as a link: https://urumetals.com/index.php/projects/

The film highlights the Project's location immediately south-west of Anglo-American Platinum's Mogalakwena mine and Ivanhoe Mines' Platreef project. Zone 1, which is one of four vertically stacked mineralised zones, hosts an historical resource of approximately 1.6 billion tonnes at 0.25 % Ni, while recent geophysical work has outlined additional massive-sulphide and gold targets elsewhere on the property. With Environmental Authorisation already in place, URU intends to undertake a 25-hole drill programme designed to deliver a maiden NI 43-101-compliant resource for Zones 2 and an updated resource for Zone 1, which could result in a higher-grade nickel-sulphide resource with PGE credits.

The video follows several recent milestones:

·     The identification of four high-priority massive-sulphide drill targets through advanced 3-D gravity-magnetic inversion.

·   The confirmation of a conduit-hosted ultramafic feeder system and additional drill-ready anomalies from detailed geophysical interpretation.

·      A £420 000 institutional investment secured earlier this month to accelerate drilling and airborne EM survey work

The video can be viewed in the Projects section of the Company's website: (https://urumetals.com/index.php/projects/).

John Zorbas, CEO, commented: "This short video distils the investment case for Zeb Nickel, complementing the technical and funding milestones we have recently reported. It underscores why we believe the project can become a leading source of responsible Class I nickel while offering significant exploration upside to investors."

For further information, please contact:

URU Metals Limited

John Zorbas, CEO

 

+1 416 504 3978

 

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat / Jen Clarke

 

 

+ 44 (0) 203 470 0470

Axis Capital Markets Limited

(Joint Broker)

Lewis Jones         

+44 (0) 203 0260320

 

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