NASDAQ reported Uravan Minerals Inc. (TSXV:UVN) completed drilling operations on its Halliday Lake project in Canada finding no economically viable uranium mineralization.

As quoted in the market news:

The levels of radioactivity intersected, ranging from 400 cps to 1200 cps (counts per second) are considered anomalous, albeit not quantitative. This anomalous radioactivity indicates the presence of mineralizing processes; however, based on the triple-gamma probe data, no economic uranium mineralization was encountered during this drill program.

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