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Orpheus Uranium Advances Exploration and Strengthens Portfolio

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Orpheus Uranium Advances Exploration and Strengthens Portfolio

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Argonaut Resources ( (AU:ORP) ) has shared an update.

Orpheus Uranium Limited has made significant progress during the quarter ending December 2024, focusing on refining its uranium exploration portfolio. Key actions include a semi-regional gravity survey at Mount Douglas, stakeholder engagements for regulatory approvals at Frome and Radium Hill South, and the divestment of non-core Higginsville joint venture interests. The company has also applied for a new exploration license and successfully raised $1.66 million, strengthening its financial position to continue advancing its exploration projects towards advanced stages.

More about Argonaut Resources

Orpheus Uranium Limited is an active explorer in the uranium industry, focusing on projects in South Australia and the Northern Territory, regions known for large Tier-1 uranium deposits. The company is committed to advancing its portfolio of uranium projects, with a significant emphasis on exploration and development activities.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.65M

See more insights into ORP stock on TipRanks’ Stock Analysis page.

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