Heavy Rare Earths Limited (AU:HRE) has released an update.
Heavy Rare Earths Limited has entered into a binding agreement to acquire an 80% interest in uranium exploration rights on three promising projects in South Australia’s uranium-rich Curnamona Province. The projects, including Radium Hill, Lake Namba-Billeroo, and Prospect Hill, present a low-cost opportunity to discover uranium deposits in a region known for its significant resource endowment. This acquisition positions HRE to explore and potentially capitalize on these promising assets, enhancing its portfolio in the energy sector.
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