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The latest announcement is out from E-Tech Resources Inc ( (TSE:REE) ).
ReeXploration Inc. has identified a significant uranium exploration target at its Eureka Project in Namibia’s Erongo mining district. This discovery, characterized by a large-scale radiometric anomaly and evidence of uranium mineralization, enhances the company’s portfolio by complementing its existing rare earth element resources. The new target is strategically located along Namibia’s ‘Alaskite Alley,’ known for hosting major uranium deposits, and aligns with ReeXploration’s strategy to expand its critical mineral resources, potentially impacting its operational and market positioning positively.
More about E-Tech Resources Inc
ReeXploration Inc. operates in the mining industry, focusing on the exploration and development of critical minerals, including rare earth elements and uranium. The company is committed to advancing mineral opportunities in stable, mining-friendly jurisdictions.
Average Trading Volume: 151,343
Technical Sentiment Signal: Buy
Current Market Cap: C$22.61M
For an in-depth examination of REE stock, go to TipRanks’ Overview page.