Energy Metals Ltd (AU:EME) has released an update.
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Energy Metals Ltd reports gearing up for a robust 2024 field season with preparations to expand exploration and drilling operations at their Bigrlyi Project and an update on their mineral resource estimate. The company is strategically positioned to benefit from the growing nuclear power sector, with strong backing from China Uranium Development Company. With $12.85M in cash reserves and a rising uranium spot price, Energy Metals is well-prepared for the upcoming exploration endeavors.
For further insights into AU:EME stock, check out TipRanks’ Stock Analysis page.