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OAR Resources Ltd ( (AU:CR3) ) has provided an update.
Core Energy Minerals Limited has announced progress in its maiden drilling campaign at the Cummins Uranium Project in South Australia. The company has completed 1,909 meters of a planned 3,000-meter drilling campaign, identifying uranium mineralization in both weathered basement and palaeochannel sediments. Initial findings, including gamma anomalies, suggest potential for significant uranium deposits, with further assay results pending. This development could enhance Core Energy’s positioning in the uranium sector, offering promising opportunities for stakeholders.
More about OAR Resources Ltd
Core Energy Minerals Limited is a company operating in the energy minerals industry, focusing on the exploration and development of uranium projects. Their primary market focus is on identifying and advancing uranium mineralization opportunities, particularly in South Australia.
YTD Price Performance: -56.00%
Average Trading Volume: 669,045
Technical Sentiment Signal: Sell
Current Market Cap: A$4.35M
For detailed information about CR3 stock, go to TipRanks’ Stock Analysis page.