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Laramide Resources ( (TSE:LAM) ) has issued an update.
Laramide Resources has announced promising assay results from its 2024 drilling campaign at the Westmoreland Uranium Project in Queensland, Australia. The results indicate significant uranium and gold mineralization at the Huarabagoo deposit and the potential to link the Huarabagoo and Junnagunna uranium deposits. These findings support the objectives of the 2024 drill program and are expected to contribute to an updated Mineral Resource Estimate, including a Maiden Resource Estimate for Long Pocket, to be delivered in early 2025.
More about Laramide Resources
Laramide Resources Ltd. is a uranium mine development and exploration company with significant assets in the United States and Australia.
YTD Price Performance: -11.76%
Average Trading Volume: 152,885
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$154.6M
For a thorough assessment of LAM stock, go to TipRanks’ Stock Analysis page.