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Noronex Ltd. ( (AU:NRX) ) has provided an announcement.
Noronex Limited has announced the completion of a spectrometry survey at its Etango North Uranium Project in Namibia, identifying multiple uranium exploration targets. The project is strategically located near significant uranium deposits and operating mines, enhancing its potential for new discoveries. The survey results have refined the company’s AI modeling and target generation, setting the stage for a soil sampling program and subsequent drilling. This development positions Noronex to capitalize on the promising uranium prospects in the region, alongside its ongoing copper exploration activities.
More about Noronex Ltd.
Noronex Limited is a company operating in the mining industry, focusing on uranium and copper exploration. The company is involved in projects located in Namibia and Botswana, with a particular emphasis on uranium exploration in Namibia’s hard rock uranium district.
Average Trading Volume: 681,625
Technical Sentiment Signal: Buy
Current Market Cap: A$9.05M
Learn more about NRX stock on TipRanks’ Stock Analysis page.