Madison Metals, Inc. (TSE:GREN) has released an update.
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Madison Metals Inc. has reported promising assay results from surface trench sampling at its Khan Project in Namibia, revealing a 4-meter section with a 2.78% U3O8 grade. These findings confirm the presence of significant uranium mineralization and suggest similarities to the nearby Rössing deposit, hinting at potential for high-grade uranium production. The company’s exploration data indicates consistent mineralization across multiple trenches, with yellow-stained beta-uranophane signaling secondary uranium deposits.
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