Madison Metals, Inc. (TSE:GREN) has released an update.
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Madison Metals Inc. has reported promising assay results from its Khan Project in Namibia, with a significant uranium find of 2.78% U3O8 over a 4-meter section in Trench 6, indicating surface continuity of mineralized alaskites. The findings, suggestive of a high potential for uranium similar to the nearby Rössing deposit, have been bolstered by the observation of beta-uranophane, hinting at processes that could lead to secondary uranium mineralization.
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