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The latest update is out from Academy Metals ( (TSE:BFM) ).
Bedford Metals Corp. has received an exploration permit from the Saskatchewan Ministry of Energy and Resources for its Sheppard Lake Uranium Project, marking a significant milestone in the company’s exploration efforts. The fully funded program will involve comprehensive groundwork, including the use of portable Shaw drills, radiometric and ground magnetometer surveys, and radon gas detection to refine drill targets and identify new areas of interest. The exploration will be conducted in two phases, with a focus on responsible practices and collaboration with local indigenous communities, aiming to uncover meaningful uranium mineralization and advance the project towards a drill-ready stage.
More about Academy Metals
Bedford Metals Corp. operates in the mining industry, focusing on the exploration and development of uranium projects. The company’s primary asset is the Sheppard Lake Uranium Project, which spans 13,092 hectares and aims to advance its exploration efforts to identify significant uranium mineralization.
Average Trading Volume: 59,342
Technical Sentiment Signal: Sell
Current Market Cap: C$20.65M
Find detailed analytics on BFM stock on TipRanks’ Stock Analysis page.