The company’s 100%-owned flagship project is the Larocque East uranium property in the eastern portion of the basin.
The rare earths mine, in British Columbia is 100%-owned by Defense Metals.
The company’s resource update for Bandeira, northeast of Araçuaí, outlined measured and indicated resources of 23.7 million tonnes.
Assays from the Satellite West target outlined the new area 500 metres west of the main deposit that hasn’t been drilled since 1997.
The company said it will now direct its focus on engineering and permitting, and at the same time, advance funding discussions.
In areas like the Colorado mountains, climate change, not mining, is responsible for acid rock drainage.
The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine.
it had poured first gold from its Sabodala Massawa mine expansion two years after starting the $290 million project.
