AR3 Expands Uranium Exploration in Murray Basin

Australian Rare Earths Limited (ASX: AR3) has significantly expanded its exploration territory in the Murray Basin, South Australia, with a new application that will increase the Overland Uranium Project's area to about 3,000 square kilometers. This move strengthens AR3's position in a promising new uranium region, building on its acquisition of Valrico Resources Pty Ltd, which holds the initial project rights.

The expansion supports AR3's focus on clean energy metals like uranium, crucial for nuclear power. The company anticipates completing the exploration license grant by September 2024 and is preparing for comprehensive stakeholder engagement and geological surveys. This expansion aims to enhance AR3's portfolio and shareholder value in the energy transition sector.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com