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Laramide Resources Concludes Successful 2024 Drill Campaign at Westmoreland

Story Highlights
  • Laramide Resources completed its largest drill program at Westmoreland with 106 holes.
  • Drill results show potential for broad mineralization and reinforce Westmoreland’s economic viability.
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Laramide Resources Concludes Successful 2024 Drill Campaign at Westmoreland

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

Laramide Resources has completed its 2024 drill campaign at the Westmoreland Uranium Project in Queensland, Australia, marking its largest program to date with 106 holes drilled. The results demonstrate the potential for broad mineralization and scalability, reinforcing the economic viability of the project as a significant future source of global uranium supply. The campaign, which included infill and extensional drilling, suggests promising resource expansion opportunities, with a Global Mineral Resource Estimate update expected by Q1 2025.

More about Laramide Resources

Laramide Resources Ltd. is a uranium mine development and exploration company with significant projects in the United States, Australia, and Kazakhstan.

YTD Price Performance: -20.59%

Average Trading Volume: 170,621

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$134.7M

Find detailed analytics on LAM stock on TipRanks’ Stock Analysis page.

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