Australian Rare Earths Limited (AU:AR3) has released an update.
Australian Rare Earths Limited has announced the discovery of several high-potential uranium exploration targets in South Australia’s Overland Project, indicating strong potential for In-Situ Recovery (ISR) amenable uranium deposits. The geological characteristics of the Renmark Group sediments within the project area are similar to those of major global uranium supplies, particularly the ISR amenable deposits in Kazakhstan. The company is optimistic about leveraging their expertise to advance the project and contribute to the global clean energy mix.
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