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Heavy Rare Earths Limited Confirms Significant Uranium Target at Perenjori Project

Story Highlights
  • Heavy Rare Earths focuses on rare earth and uranium exploration in Western Australia.
  • Soil assays confirm a significant uranium target at Gingaba Well, boosting exploration prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Heavy Rare Earths Limited Confirms Significant Uranium Target at Perenjori Project

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Heavy Rare Earths Limited ( (AU:HRE) ) has shared an announcement.

Heavy Rare Earths Limited announced promising soil assay results from its Perenjori uranium project in Western Australia, confirming a significant uranium target at the Gingaba Well site. The assays, which recorded up to 116 ppm uranium, support the potential for a sizeable uranium deposit, enhancing the company’s exploration prospects and positioning in the uranium mining sector.

More about Heavy Rare Earths Limited

Heavy Rare Earths Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth and uranium deposits. The company is particularly engaged in projects located in Western Australia, with a market focus on calcrete-hosted uranium and rare earth deposits.

Average Trading Volume: 571,525

Technical Sentiment Signal: Buy

See more insights into HRE stock on TipRanks’ Stock Analysis page.

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