Heavy Rare Earths Limited ( (AU:HRE) ) just unveiled an announcement.
Heavy Rare Earths Limited has completed the acquisition of uranium exploration assets in South Australia from Havilah Resources Limited, marking a significant expansion in its exploration portfolio. The company has conducted passive seismic surveys and a high-resolution airborne geophysical survey to map uranium-bearing structures, with analysis underway to guide future drilling activities. This strategic move positions HRE to potentially capitalize on the uranium resources in the region, which could enhance its industry standing and provide opportunities for stakeholders.
More about Heavy Rare Earths Limited
Heavy Rare Earths Limited (ASX:HRE) operates in the mining industry, focusing on the exploration and development of uranium assets. The company has a market focus on uranium exploration in South Australia, particularly in the Curnamona Province, which hosts significant uranium resources and operating mines.
YTD Price Performance: -33.33%
Average Trading Volume: 128,607
Technical Sentiment Signal: Buy
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