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Orpheus Uranium Expands Portfolio with Pirie Basin Project Acquisition

Story Highlights
  • Orpheus Uranium is enhancing its portfolio with the Pirie Basin Project in South Australia.
  • The company is focusing on exploration activities to capitalize on growing uranium demand.
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Orpheus Uranium Expands Portfolio with Pirie Basin Project Acquisition

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Argonaut Resources ( (AU:ORP) ) just unveiled an update.

Orpheus Uranium Limited has entered a new phase of development with the execution of a sale agreement for the Pirie Basin Project, enhancing its portfolio in South Australia’s promising uranium provinces. The company is shifting its focus to exploration activities, including on-ground exploration and gravity surveys in the Northern Territory, positioning itself to capitalize on the growing demand for uranium in the nuclear energy sector.

More about Argonaut Resources

Orpheus Uranium Limited is an Australian-focused uranium exploration company. It is engaged in the exploration of uranium projects across South Australia and the Northern Territory, with a strong presence in key uranium districts such as the Pirie, Frome, and Murray basins.

YTD Price Performance: 14.29%

Average Trading Volume: 200,637

Technical Sentiment Signal: Sell

Current Market Cap: A$11.27M

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

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