Recharge Metals Limited (ASX: REC) announced it secured a binding agreement to acquire 100% ownership of 26 square kilometers of prime mining claims containing substantial historic uranium resources in the highly productive Powder River Basin, USA. This acquisition encompasses the Carter Uranium Project, strategically located in southeastern Montana, near the Wyoming border, and is easily accessible via US Highway 212, just 75 kilometers from Belle Fourche, South Dakota.
This groundbreaking acquisition propels Recharge into a new era as it now takes ownership of the Carter Uranium Project. Situated on the northern rim of the acclaimed Powder River Basin—an established hub for in-situ recovery uranium production—the project benefits from proximity to six permitted processing plants within 300 kilometers, including the renowned ASX-listed Peninsula Energy. The Acadia Deposit boasts 3.7 million pounds at 1,250 ppm eU3O8, while the Mindy Deposit offers 1.4 million pounds at 1,560 ppm eU3O8. Collectively, these resources position Recharge as a leading player in uranium exploration.
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
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
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.