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Medallion Resources ( (TSE:GAMA) ) just unveiled an announcement.
Gamma Resources Ltd., a company focused on uranium exploration, has commenced work programs at its Green River Uranium Project in Utah and Mesa Arc Uranium Project in New Mexico. These initiatives mark the company’s first major steps in advancing its U.S. uranium portfolio, with the aim of resource estimation, permitting, and drilling. The Green River project involves an airborne survey to identify historic boreholes, while the Mesa Arc project plans a 20-hole drill program targeting the Todilto Formation. These efforts are part of Gamma’s strategy to define resources, build technical confidence, and expand its uranium footprint in North America, contributing to a secure domestic uranium supply.
More about Medallion Resources
Average Trading Volume: 35,208
Technical Sentiment Signal: Sell
Current Market Cap: C$2.61M
For a thorough assessment of GAMA stock, go to TipRanks’ Stock Analysis page.