Elevate Uranium

Elevate Uranium is one of the most active uranium focused companies listed on the ASX. Elevate Uranium has been proactive through the period of low uranium prices, building the company through organic and inorganic growth. Elevate Uranium has geographically diverse assets with a successful exploration program in Namibia with significant upside potential, and recently acquired assets in Australia.

These assets are high value assets in their own right, but when Elevate Uranium applies its proprietary beneficiation process (U-pgrade™), the value addition takes these assets to another level. U-pgrade™ is a patented beneficiation process developed in house and has the potential to reduce the capital and operating costs by 50% compared to conventional technology.

U-pgrade™, a process that no other uranium company has, provides Elevate Uranium with a strategic advantage which clearly differentiates it from its peers.

Management Profile

Murray Hill, MD & CEO

Murray is the Managing Director of Elevate Uranium Ltd. Murray has over 40 years experience in the mining industry including 20 years in uranium, all of which has been in Namibia. Murray worked as a Metallurgical Consultant in his own business for the 10 years prior to joining Elevate Uranium.

Murray has a strong initiative and is a high achiever always searching for new and/or improved methods or technologies to gain improvement. This is complimented by his practical mindset. He is the champion of Elevate Uranium’s U-pgrade™ process for upgrading secondary uranium ores.

What is your rationale for taking part in 121 Mining Investment?

We are looking to introduce Elevate to potential new investors. Elevate has 5 new discoveries in Namibia over the past 3 years and are actively exploring.

What recent news would you like to highlight to investors attending?

15th April 2026 - Koppies Project resource base increased to 76.2 Mlb U3O8

8th April 2026 - Upgrade Pilot Plant Update 

12th March 2026 - Half Yearly Report and Accounts 

11th February 2026 - Oobagooma Acquisition Update 

What are your key goals for the next 3, 6 and 12 months?

3 Months

Exploration in the greater Koppies are looking for extensions to the known mineralisation

6 Months

Exploration in the Namib and Erongo areas of Namibia, applying the learnings from Koppies exploration

12 Months
Resource drilling to add to the existing resource base at Koppies and potentially other projects, plus exploration in Australia

What do you think makes your company such a compelling investment?

Our recent exploration success and expected conversion of these discoveries to resources, future potential exploration success, and value add through application of our proprietary U-pgrade™ process