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Argonaut Resources ( (AU:ORP) ) has shared an update.
Orpheus Uranium Limited has announced the acquisition of the Oobagooma Uranium Project from Elevate Uranium Ltd’s subsidiary, Jackson Cage Pty Ltd. This acquisition, located in the West Kimberley region of Western Australia, is part of Orpheus’ strategy to consolidate underexplored uranium assets with known mineralization. The project offers significant exploration potential due to its historical drilling results and the limited application of modern exploration techniques. This move is expected to enhance Orpheus’ portfolio and strengthen its position in the uranium industry.
More about Argonaut Resources
Orpheus Uranium Limited is a company focused on developing a portfolio of high-quality uranium exploration assets. The company operates within Australia’s prominent uranium districts, aiming to leverage its technical expertise to unlock value from underexplored projects.
YTD Price Performance: 20.0%
Average Trading Volume: 157,827
Technical Sentiment Signal: Sell
Current Market Cap: A$11.83M
For detailed information about ORP stock, go to TipRanks’ Stock Analysis page.