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Premier American Uranium Advances Cebolleta Project with New Drilling Permit

Story Highlights
  • Premier American Uranium secured a Part 3 drilling permit for the Cebolleta Project.
  • The new permit enhances project flexibility, reduces costs, and supports strategic goals for 2025.
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Premier American Uranium Advances Cebolleta Project with New Drilling Permit

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Premier American Uranium Inc ( (TSE:PUR) ) just unveiled an update.

Premier American Uranium Inc. has secured a Part 3 drilling permit for its Cebolleta Project, marking a significant step forward in the project’s development. This permit allows for expanded drilling operations, enhancing flexibility and reducing costs. The company plans to update its Mineral Resource Estimate and aims to de-risk the project with a Preliminary Economic Assessment by summer 2025, indicating a focused strategy on advancing its uranium exploration and production capabilities.

More about Premier American Uranium Inc

Premier American Uranium Inc. is involved in the uranium industry, focusing on exploration and development projects. Its primary product is uranium, and the company is actively working on the Cebolleta Uranium Project in Cibola County, New Mexico.

YTD Price Performance: -10.97%

Average Trading Volume: 50,683

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$54.37M

See more data about PUR stock on TipRanks’ Stock Analysis page.

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