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Gladiator Resources Limited ( (AU:GLA) ) has provided an update.
Gladiator Resources Ltd reported significant developments in its Mkuju Uranium Project in Tanzania for the quarter ending December 2024. The company received promising laboratory assay results from its 2024 drilling program, confirming high-grade uranium intersections at the SWC, Mtonya, and Likuyu North targets. These results, along with a review of historic data, suggest potential for expanding the Likuyu North deposit, which could enhance the company’s mineral resource estimate. The company is focusing on using In Situ Recovery (ISR) methods, as studies confirm favorable conditions for this mining technique at Likuyu North.
More about Gladiator Resources Limited
Gladiator Resources Ltd is a company operating in the mining industry, focusing primarily on uranium. The company is involved in exploration and development projects, particularly in Tanzania, where it seeks to expand its mineral resource base for uranium mining through advanced exploration techniques like In Situ Recovery (ISR).
YTD Price Performance: 0.0%
Average Trading Volume: 424,017
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$7.96M
For detailed information about GLA stock, go to TipRanks’ Stock Analysis page.
