Laramide Discovers High-Grade Uranium and Gold in Australia

Laramide Resources (TSE:LAM) has released an update.

Laramide Resources recently uncovered high-grade uranium and gold mineralization at the Amphitheatre prospect in Australia, suggesting the potential for a new satellite deposit near its Westmoreland project. Early drilling results include promising intercepts, such as 4.0m at 0.52% U3O8, within a broader zone of 11.3m at 0.23% U3O8, and gold intersections like 2.90m at 1.52 g/t Au. These findings indicate significant expansion potential for the company’s uranium assets.

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