Option agreement signed to explore land near Kazatomprom’s “world-class” deposits
Uranium hopeful Laramide Resources is looking to try its luck in the world's capital for the radioactive metal, having optioned a 6000sqkm land position in Kazakhstan's Chu-Sarysu Basin. The three-year option agreement with Kazakh company Aral Resources covers 16 mineral licences — as well as five licences still pending approval — located near some of uranium major Kazatomprom's largest uranium deposits and operational mines such as Inkai, Budenovskoye and Muyunkum-Tortkuduk.
"The opportunity to explore in one of the world's most prolific and prospective uranium basins appears to us to be a very compelling and overlooked opportunity, particularly within an industry dynamic where the uranium supply deficit is now consensus thinking and where nuclear power's global growth ambitions will absolutely require greenfield discovery of new deposits.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Going on holiday is a privilege, not a rightWe don’t own the world and the world does not owe us
Read more »
Esports World Cup champion aiming for real world of motorsportLuke Bennett won a cash prize after winning the sim racing event at the Esports World Cup in Riyadh.
Read more »
Ogier commits to remaining WRC rounds to boost Toyota’s title hopesThe World Rally Championship legend is firmly in the hunt for a ninth world title
Read more »
One attractive option for Adrian Newey has been emphatically ruled outAdrian Newey won't be returning to McLaren, Zak Brown has confirmed.
Read more »
Liverpool 'make contact' with Euro 2024 star as back-up option if Martin Zubimendi talks collapseLiverpool are set to make a move for Real Sociedad star Martin Zubimendi.
Read more »
Jean-Clair Todibo: West Ham confirm signing of Nice defender on loan with option to buyWest Ham have confirmed the signing of Nice defender Jean-Clair Todibo.
Read more »