Argonaut Resources N.L. (AU:ORP) has released an update.
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Orpheus Uranium Limited has secured the Woolshed Uranium Project license, located a mere 4km from Boss Energy’s Honeymoon Uranium Mine in South Australia, with promising prospects for sedimentary-hosted uranium deposits. The project area shows evidence of uranium anomalism, with historic drilling confirming a significant sedimentary sequence, and the company is gearing up for an extensive exploration program, including geophysical surveys and drilling.
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