Argonaut Resources N.L. (AU:ORP) has released an update.
Orpheus Uranium Limited has completed the acquisition of the Frome Uranium Project, solidifying its position in South Australia by obtaining 100% of Exploration Licence 6555 for $330,000 in company shares, pending shareholder approval. Concurrently, Orpheus has divested from the non-core Cummins Project, returning ownership to Groundwater Science Pty Ltd. This strategic move enhances Orpheus’ focus on its key uranium assets within the highly prospective Frome Embayment region.
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