Prominence Energy Uranium Project Shows Promise

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.

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