Highlights: Large, long-life project with 31.2 million pounds produced over 31 years Low initial capital costs of $47.5M Unit operating costs of $27.70/lb and ASIC of $34.83/lb Pre-income tax IRR of 62% and NPV of $278 million Post-income tax IRR 56% and NPV $239 million Life of Project post-income tax cash flow exceeds $1 billion Upside opportunities include: Potential for accelerated development of the resource beyond [...]
Former Apple CEO, John Scully, is widely credited with the simple phrase, "Timing is Everything." Another Apple CEO, Steve Jobs, would execute on that mantra, crafting revolutionary products into seas of change with the Internet, personal computing, portable music, and smart phones. The results were epic. In most great success stories there is a tide, a thing beyond the control or creation of man alone. It is a thing that [...]
Laramide Resources Ltd. is pleased to announce that further to the news release of November 9, 2023, the A$12 million placement to institutional and sophisticated investors pursuant to s708 of the Corporations Act 2001 in Australia has completed. Funds have been received and CDIs are being issued. Proceeds from the Placement will be used to accelerate development projects in the USA, to ramp up drilling at the companies [...]
Laramide Resources Ltd. is pleased to announce that it has received firm commitments for a A$12.0 million placement to institutional and sophisticated investors pursuant to s708 of the Corporations Act 2001 in Australia, raising A$12.0 million before expenses . Proceeds from the Placement will be used to accelerate development projects in the USA, to ramp up drilling at the companies advanced exploration assets in [...]
Highlights: 2023 Drilling campaign completed 4,108 metres; 40 holes across Amphitheatre, Long Pocket, Black Hills and Huarabagoo targets; Assay results from Amphitheatre confirm that shallow uranium mineralisation continues to the south: 2.8m @ 392ppm U3O8 from 43m depth 2.55m @ 439ppm U3O8 from 8.45m depth including 0.6m @ 920ppm U3O8 >65,535cps "Off-Scale" radioactivity discovered at surface during reconnaissance [...]
Laramide Resources Ltd. is pleased to announce assay results from the first two diamond drill holes from the Amphitheatre exploration target at its Westmoreland Uranium Project in Queensland, Australia . These results are the first received from a 4,000+ meter exploratory drill program announced 19th July 2023[1]. The program was designed to include a mixture of infill but also to test new prospects for possible expansion [...]
Laramide Resources Ltd. ; ; advises that in accordance with ASX Listing Rule 3.15.1 and with effect from commencement of business on Monday, 18 September 2023, the Perth office of Computershare Investor Services Pty Limited is moving to: Level 17 221 St Georges Terrace Perth WA 6000 Telephone numbers and postal address remain unchanged. Lodgement of documentation by member organizations, security holders and other parties [...]
Laramide Resources Ltd. is pleased to announce that its US subsidiary, NuFuels Inc, has been awarded a U.S. Department of Energy grant in the amount of USD $1,756,778 to provide the funding for a joint research project with Los Alamos National Laboratory to develop advanced in-situ recovery related groundwater restoration technology. Expenses for the DOE grant for the NuFuels/LANL Project titled "Laboratory Groundwater [...]
Laramide Resources Ltd. is pleased to announce that exploration drilling has commenced at Amphitheatre uranium prospect, Westmoreland in Queensland. Resource drilling will then proceed at the nearby Long Pocket and Huarabagoo deposits. Concurrently, fieldwork on strategic, historically known targets at the Murphy Project in Northern Territory are also underway. Laramide is embarking on an aggressive program this year with [...]
Laramide Resources Ltd. is pleased to announce the results of its annual and special meeting of shareholders held on Tuesday, May 30, 2023, in Toronto. A total of 90,446,193 common shares of the Company were represented and all matters presented for approval at the Meeting have been duly authorized and approved. Shareholders voted in favour of all matters brought before the Meeting, as follows: election of all management [...]
Laramide Resources Ltd. is pleased to announce results from the Long Pocket and Amphitheatre drill programs at its Westmoreland Uranium Project in Queensland, Australia . Highlights Long Pocket prospect LP22DD001 - 2m @ 403ppm U3O8 from surface, and 2.7m @ 718ppm U3O8 from 39.3m LP22DD003 - 2.2m @ 287ppm U3O8 from 29.8m LP22DD008 - 0.6m @ 503ppm U3O8 from 16.9m and 1m @ 401ppm U3O8 from 24m Amphitheatre prospect AMDD001 [...]
Laramide Resources Ltd. is pleased to announce completion of the initial diamond drilling phase of the project ramp-up at its 100% owned NRC licensed Crownpoint-Churchrock Uranium Project, near Gallup, New Mexico, USA . The diamond drill program, having a total drilled length of 6,030 feet was comprised of seven drill holes located in areas of uranium mineralization within Section 17, Township 16 North South, Range 16 [...]
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