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URU Metals (LSE:URU) reported an update on UrAmerica with large-scale uranium exploration permits in South America.
URU Metals (LSE:URU) reported an update on UrAmerica with large-scale uranium exploration permits in South America.
Uru’s Non-Executive Chairman, Paul Loudon said:
The decision by Cameco, one of the world’s major uranium mining companies, to enter into a strategic alliance with UrAmerica, a company in which we have a 7.36% diluted interest, demonstrates the potential of UrAmerica’s South American portfolio of uranium assets. We look forward to further progress as Cameco and UrAmerica advance exploration in the highly prospective San Jorge uranium district
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