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Energy Metals Ltd ( (AU:EME) ) has shared an update.
Energy Metals Limited has completed RC drilling programs at its Walbiri South and Penrynth prospects in the Ngalia Basin, reporting promising initial uranium results. The drilling confirmed significant uranium presence, with plans for further exploration. This development enhances the company’s position in the uranium exploration sector, potentially benefiting stakeholders by increasing resource estimates and advancing project viability.
More about Energy Metals Ltd
Energy Metals Limited operates in the uranium exploration industry, focusing on the discovery and development of uranium deposits. The company’s primary activities include exploration projects in the Ngalia Basin, known for its uranium-rich sandstone-hosted deposits.
Average Trading Volume: 68,864
Technical Sentiment Signal: Buy
Current Market Cap: A$20.97M
See more insights into EME stock on TipRanks’ Stock Analysis page.