URU Metals Ltd. (DI) (URU)

Sector:

Mining

Index:

FTSE AIM All-Share

7.67p
   
  • Change Today:
      0.17p
  • 52 Week High: 185.00p
  • 52 Week Low: 3.17p
  • Currency: UK Pounds
  • Shares Issued: 81.25m
  • Volume: 909,625
  • Market Cap: £6.23m
  • RiskGrade: 364
  • Beta: 1.35

URU Metals commissions survey over Zeb nickel targets

By Josh White

Date: Thursday 16 Oct 2025

LONDON (ShareCast) - (Sharecast News) - URU Metals said on Thursday that it has appointed GeoFocus International to conduct a ground gravity and electromagnetic survey over two key targets at its Zeb Nickel Project in Limpopo, South Africa, as part of efforts to refine drill targets and advance towards development.
The AIM-traded company said the combined gravity and frequency-domain electromagnetic survey would cover about 117 hectares and is designed to define conductor geometry and produce "decision-ready" drill targets.

Mobilisation was scheduled to begin later this month, with data acquisition expected to take around 30 field days, subject to weather and site access.

The gravity component would involve around 475 stations spaced at 50 metres using Scintrex CG-5 gravimeters with GPS control, while the ground electromagnetic survey will cover roughly 22.5 line kilometres using an IRIS PROMIS-10 system.

Final data and interpretive reports would be used to model and rank conductors to support drilling plans.

"Transitioning from airborne targeting to ground geophysics is the critical step to refine our highest-priority conductors along the intrusive margins," said vice president of exploration, Richard Montjoie.

"The programme is designed to generate decision-ready targets for efficient drilling at Zeb Nickel.

"While the team is busy with the ground geophysics, we're also locking in the practical legislative compliance pieces.

"Putting the rehabilitation guarantee provider in place is a simple, value-protective step that keeps the project on the front foot."

In parallel with the field programme, URU said it had appointed a specialist provider to implement the environmental rehabilitation guarantee required for the granting of the Zeb Nickel mining right.

The engagement would ensure the guarantee meets regulatory expectations and aligns with the company's agreed financial provisioning framework.

URU said it was focused on advancing its critical metals portfolio in South Africa through responsible development and regulatory compliance.

At 1525 BST, shares in URU Metals were down 9.09% at 10p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

URU Market Data

Currency UK Pounds
Share Price 7.67p
Change Today 0.17p
% Change 2.22 %
52 Week High 185.00p
52 Week Low 3.17p
Volume 909,625
Shares Issued 81.25m
Market Cap £6.23m
Beta 1.35
RiskGrade 364

URU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.41% above the market average18.41% above the market average18.41% above the market average18.41% above the market average18.41% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
98.33% below the market average98.33% below the market average98.33% below the market average98.33% below the market average98.33% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth Not Available

URU Dividends

No dividends found

Trades for 06-Nov-2025

Time Volume / Share Price
09:18 56,200 @ 8.00p
09:15 2,000 @ 7.65p
09:14 4,992 @ 7.65p
09:11 50,000 @ 8.00p
09:09 6,200 @ 8.00p

URU Key Personnel

CEO John Zorbas

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