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Refined Metals ( (TSE:RUU) ) has shared an update.
Refined Energy Corp. has identified three priority uranium drill targets at the Dufferin West Property in the Athabasca Basin after analyzing historical geophysical data. The highest priority target is associated with strong conductors that extend from the unconformity at the sandstone contact into the basement rocks, which suggests potential uranium deposits. The company plans to initiate a drill program to explore these targets further, potentially enhancing its position in the uranium market.
More about Refined Metals
Refined Energy Corp. operates in the energy sector, focusing on the exploration and development of uranium resources. The company’s primary activities are centered around identifying and developing drill targets, particularly within the Athabasca Basin, which is known for its rich uranium deposits.
YTD Price Performance: 0%
Average Trading Volume: 4,758
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4M
Learn more about RUU stock on TipRanks’ Stock Analysis page.