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Refined Energy ( (TSE:RUU) ) just unveiled an announcement.
Refined Energy has completed its maiden drill program at the Dufferin West property in Saskatchewan’s Athabasca Basin, successfully intersecting the unconformity in two key drill holes and testing multiple high-priority geophysical and structural targets. The 975-metre program, completed on budget at about $1.7 million, focused on graphitic conductors, gravity lows, and magnetic features to assess the potential for uranium mineralization.
Core logging and sampling are finished, with samples sent for geochemical analysis and select intervals under rush review to accelerate evaluation of alteration and mineralization vectors. Results from this initial campaign will guide the next phase of work at Dufferin West and are expected to shape Refined Energy’s strategy for earning up to a 75% interest in the broader Dufferin Project under its option agreement with Eagle Plains Resources.
More about Refined Energy
Refined Energy Corp. is a Canadian mineral exploration company focused on discovering and advancing uranium and other critical energy metal projects in tier-one jurisdictions. Its flagship Dufferin Project is located in Saskatchewan’s Athabasca Basin, a globally significant uranium district supporting the clean energy transition.
Average Trading Volume: 217,791
Technical Sentiment Signal: Buy
Current Market Cap: C$29.75M
For an in-depth examination of RUU stock, go to TipRanks’ Overview page.