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Tombador Iron Ltd. ( (AU:AEU) ) has provided an update.
Atomic Eagle Limited has announced promising results from its maiden drill program at the Chisebuka target within the Muntanga Uranium Project in Zambia. The drilling has confirmed the presence of thick, near-surface, and higher-grade uranium mineralization, marking a significant step in the company’s strategy to expand its mineral resources. With ongoing drilling and a well-funded resource expansion campaign, Atomic Eagle aims to estimate a Mineral Resource in 2026 and further explore its extensive landholding, which could have substantial implications for its industry positioning and stakeholders.
More about Tombador Iron Ltd.
Atomic Eagle Limited is a company operating in the mining industry, focusing on the exploration and development of uranium resources. The company’s primary market focus is on the Muntanga Uranium Project in Zambia, which includes several exploration targets within its extensive landholding.
Average Trading Volume: 1,172,004
Technical Sentiment Signal: Sell
Current Market Cap: A$144.7M
See more insights into AEU stock on TipRanks’ Stock Analysis page.