Prominence Energy Limited (AU:PRM) has released an update.
Prominence Energy Limited (ASX: PRM) has reported promising initial sampling results from the Djideli site in Kazakhstan, with surface samples showing uranium concentrations as high as 5,269ppm. These results, particularly from low-grade ore dumps, suggest potential for the site’s rehabilitation project, which involves decontaminating and selling uranium. PRM, with a 20% stake in the project’s operating company Umine LLP, views this as a strategic move towards high-impact, carbon-friendly initiatives.
For further insights into AU:PRM stock, check out TipRanks’ Stock Analysis page.