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Medallion Resources ( (TSE:GAMA) ) has shared an update.
Gamma Resources has begun a high-resolution aerial photogrammetry survey at its Green River uranium project in Utah’s San Rafael Mining District. The work will generate detailed topographic data and orthophotography to support geological mapping, structural analysis and the creation of 3D terrain models.
These datasets are expected to sharpen exploration targeting, help locate historical boreholes and improve planning for future drilling and field programs. The initiative underscores Gamma’s systematic approach to advancing its U.S. uranium portfolio and complements ongoing drilling preparation efforts at its Mesa Arc Project in New Mexico.
By deepening its technical understanding of Green River, located near other uranium projects in a historically productive district, Gamma seeks to strengthen its positioning in a U.S. uranium sector benefiting from supportive nuclear energy policies. The survey could enhance the company’s ability to delineate resources and potentially accelerate project advancement, with implications for investors and regional supply outlooks.
More about Medallion Resources
Gamma Resources Ltd. is a U.S.-focused uranium exploration and development company targeting high-quality assets in the Mountain West region. Its portfolio includes the Green River Project in Utah, near established uranium operations, and the Mesa Arc Project in New Mexico, which covers historic uranium resources in the Chama Basin.
The company aims to capitalize on growing policy and market support for nuclear energy by advancing responsibly sourced, domestically produced uranium supply. Gamma’s shares trade on the TSX Venture Exchange, the OTCQB market in the U.S., and the Frankfurt Stock Exchange, broadening its access to international investors.
Average Trading Volume: 79,732
Technical Sentiment Signal: Sell
Current Market Cap: C$3.44M
Learn more about GAMA stock on TipRanks’ Stock Analysis page.