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Global Uranium Corp. and Forum Energy Metals Begin New Phase at Northwest Athabasca Project

Story Highlights
  • Global Uranium and Forum Energy Metals start camp construction and surveys at Northwest Athabasca.
  • The project aims to refine drill targeting, enhancing exploration success at Spring Bay.
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Global Uranium Corp. ( (TSE:GURN) ) just unveiled an update.

Global Uranium Corp. and Forum Energy Metals Corp. have initiated camp construction at the Northwest Athabasca Project and plan to conduct geophysical surveys on the Spring Bay target. These efforts aim to refine drill targeting using historical data and new survey techniques, potentially unlocking significant value from the site. The project includes setting up a camp and utilizing aircraft and ice roads for material transport, highlighting the logistical challenges and strategic planning involved. The surveys are expected to enhance the precision of drill targets, potentially leading to more successful exploration outcomes.

More about Global Uranium Corp.

Global Uranium Corp. operates in the energy sector, focusing on uranium exploration and development. Its operations are primarily geared towards uncovering potential uranium deposits in strategic locations, with an emphasis on projects in Saskatchewan, Canada.

YTD Price Performance: -45.74%

Average Trading Volume: 531,366

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$21M

For a thorough assessment of GURN stock, go to TipRanks’ Stock Analysis page.

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