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GoldMining announces Rea Uranium Project application approved

GoldMining (GLDG)reported that its proposed metallic minerals exploration application for the Rea Uranium Project located in the Western Athabasca Basin, has been reviewed and authorized as an approved exploration program by the Alberta Energy Regulator. The Rea Project is owned 75% by the company and 25% by Orano Canada Inc. The large land package of approximately 125,328 hectares surrounds Orano’s high-grade Dragon Lake prospect at its Maybelle River project. World-class uranium deposits located 60 km to the southeast of the Rea Project include Paladin Energy Limited’s Triple R deposit and NexGen Energy Inc.’s Arrow deposit, which are currently in development.

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