tiprankstipranks
Trinex Minerals Strikes High-Grade Uranium
Company Announcements

Trinex Minerals Strikes High-Grade Uranium

Todd River Resources Ltd. (AU:TX3) has released an update.

Trinex Minerals Ltd. has reported promising results from their winter 2024 drilling program at the Gibbons Creek Uranium Project, with significant uranium mineralization found in the Airstrip Prospect area. The company encountered peak radioactivity levels over 8,660 cps, which is indicative of high-grade uranium, and is now poised for an expanded exploration program during the Canadian summer. Trinex, which has rights to acquire up to a 75% interest in Gibbons Creek, is well-funded for the upcoming work, with assay results anticipated by mid-May.

For further insights into AU:TX3 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!