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An update from Metals One PLC ( (GB:MET1) ) is now available.
Metals One Plc has expanded its Phase 1 exploration activities at the Uravan Uranium-Vanadium Project in Colorado, increasing the survey area from one to three miles. The project, located in the historically productive Uravan Mineral Belt, involves geophysical grid surveying, geological mapping, and sampling to assess uranium potential in the Morrison and Chinle Formations. The expansion is based on historical data and aims to validate previous findings and establish a baseline for a potential Phase 2 drilling program. This development could enhance Metals One’s positioning in the uranium market, potentially impacting stakeholders by advancing the company’s exploration capabilities and resource base.
More about Metals One PLC
Metals One Plc is a minerals exploration and development company focused on critical minerals and gold exploration in low-risk jurisdictions. The company aims to meet the Western World’s demand for responsibly sourced raw materials, with a portfolio that includes projects in Finland, Norway, and the USA. Metals One’s commodity exposure spans copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals, all vital for the clean energy transition. The company’s shares are listed on the London Stock Exchange’s AIM Market.
Average Trading Volume: 11,984,111
Technical Sentiment Signal: Buy
For a thorough assessment of MET1 stock, go to TipRanks’ Stock Analysis page.