Energy Metals Ltd Reports 12% Growth in Bigrlyi Mineral Resource

Energy Metals Ltd ( (AU:EME) ) just unveiled an announcement.

Energy Metals Ltd announced a 12% increase in the mineral resource estimate for its Bigrlyi JV Project in the Northern Territory, alongside ongoing planning for its 2025 exploration program. Additionally, the company is finalizing exploration plans for multiple targets within the Ngalia Basin. With approximately $9.63 million in cash and 209.7 million shares issued as of March 31, 2025, Energy Metals is well-positioned to advance its projects and capitalize on the favorable uranium market outlook.

More about Energy Metals Ltd

Energy Metals Ltd is a uranium-focused company with eight exploration projects in the Northern Territory and Western Australia, covering approximately 2,115 km². The company is strategically positioned to benefit from the growing demand for uranium as nuclear power gains importance in reducing global carbon emissions. Its largest shareholder is China Uranium Development Company Limited, a subsidiary of China General Nuclear Power Group, providing Energy Metals with direct market exposure and access to significant capital.

YTD Price Performance: 5.00%

Average Trading Volume: 42,431

Technical Sentiment Signal: Buy

Current Market Cap: A$17.61M

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