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Medallion Resources ( (TSE:GAMA) ) just unveiled an announcement.
Gamma Resources Ltd., a company engaged in uranium exploration, has expanded its Mesa Arc Project in New Mexico’s Chama Basin by staking 185 new federal lode claims, increasing its exploration area to over 4,500 acres. This strategic expansion aims to capitalize on the growing demand for domestic uranium in the U.S. amid the clean energy transition. The project now covers a significant uranium trend with historical resources and high-grade potential, supported by valuable historical data, which positions Gamma Resources favorably within the industry.
More about Medallion Resources
Average Trading Volume: 72,172
Technical Sentiment Signal: Sell
Current Market Cap: C$2.61M
See more insights into GAMA stock on TipRanks’ Stock Analysis page.