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The latest update is out from Uravan Minerals ( (TSE:NF) ).
Nuclear Fuels Inc. announced the discovery of two new zones of uranium mineralization at its Kaycee In-Situ Recovery Uranium Project in Wyoming’s Powder River Basin. The newly identified Outpost and Trail Dust Zones demonstrated promising grade thicknesses, indicating their potential suitability for wellfield inclusion. These findings, along with the company’s addition to the Sprott Junior Uranium Miners ETF, enhance Nuclear Fuels’ industry positioning and underline the project’s strong potential for further exploration and development.
More about Uravan Minerals
Nuclear Fuels Inc. operates within the uranium mining industry, focusing on the exploration and development of uranium projects. The company is involved in in-situ recovery (ISR) uranium projects, primarily in Wyoming’s Powder River Basin. Nuclear Fuels aims to capitalize on the growing demand for uranium by identifying and developing mineralized zones suitable for recovery.
YTD Price Performance: -18.18%
Average Trading Volume: 111,406
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$32.3M
See more data about NF stock on TipRanks’ Stock Analysis page.
