Bastion Minerals Ltd (AU:BMO) has released an update.
Bastion Minerals has announced a major new uranium oxide discovery at the Morrissey Project in Western Australia, with field work uncovering high-grade spectrometer readings indicative of substantial uranium and possible Rare Earth Elements (REE) deposits. The company is optimistic about the project’s economic potential, citing shallow depth occurrences similar to other known deposits, and is preparing for follow-up activities after initial sampling results. Investors may take note as Bastion Minerals progresses with its battery metal and energy project portfolio.
For further insights into AU:BMO stock, check out TipRanks’ Stock Analysis page.