The National Atomic Company has been granted a license to explore mineral deposits at Site No. 5 of the Budenovskoye field in the Turkestan region, according to the press center of Kazatomprom. This site is located to the northeast of the southern flank of the field and is considered a promising area for further exploration.
The company will conduct geological exploration in this part of the Mynkuduk ore district for the next six years. Kazatomprom’s Chairman, Meirzhan Yusupov, emphasized that this new site plays a key role in the company’s strategy to increase uranium reserves.
Experts anticipate long-term exploitation of the area due to favorable geological conditions and the well-developed transportation and energy infrastructure. Site No. 5 effectively extends the Inkai deposit southward. Preliminary estimates suggest the area holds over 18,000 tons of uranium. Kazatomprom expects a significant increase in resources following the exploration results.
The company highlighted the high productivity of the ore in this region. Last month, Kazatomprom announced joint projects with Tajikistan’s TajRedMet in the uranium and rare-earth sectors.
