Uvre Limited (ASX: UVA) has issued a summary of its Quarterly Activities and Cash Flow Report for the quarter ending 30 June 2023. The company owns the East Canyon Project (100% ownership), strategically situated in south-eastern Utah, USA, in close proximity to established mining operations and infrastructure within the extended Uravan Belt, a well-known uranium and vanadium district.
Noteworthy activities during the quarter include completing an airborne magnetic and radiometric survey across the entire East Canyon project, conducting ground scintillometer/field mapping across a significant portion of the project area, and obtaining surface samples for laboratory analysis with highly elevated radiation readings via hand-held scintillometer. The company appointed a US-based geological technical advisor and is actively interpreting data to comprehend the distribution of uranium, vanadium, and rare earths at East Canyon. As of 30 June 2023, the company's cash balance stands at AU$3.73 million.
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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.
