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Stock impact report

Atha Energy Identifies Numerous Outcrops Hosting High-Grade Uranium Mineralization [Yahoo! Finance]

MINERAL RES LTD UNSP/ADR (MALRY) 
Company Research Source: Yahoo! Finance
Lac 50 Deposit and achieved its objective of discovering high-grade uranium mineralization on surface beyond the extents of the Lac 50 Deposit's Exploration Target Model; High-grade surficial uranium mineralization was identified between Lac 48, Lac 50, Lac 52, and Lac 54 trends, collectively known as the Lac 50 Deposit, along prospective new parallel trends; Discovery of outlined outcrops containing high-grade uranium mineralization along strike from the Lac 50 Deposit provide basis for future exploration and significantly de-risk expansion efforts; A zone of extensive bedrock outcrop with radioactivity up to 60,000 counts per second (cps) - 10,000 cps is indicative of high-grade uranium mineralization - was identified over a 3-kilometre strike length. The new discovery is located between the Mushroom Lake zone on the Lac 52 trend and the Hot zone on the Lac 54 trend and has not been drill tested, nor was it included in the 2024 Exploration Target Model; Results from the surf Show less Read more
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