Greenridge Exploration acquires Ontario Uranium Projects
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Greenridge Exploration Inc. has announced it has signed an Asset Transfer Agreement dated 19 June 2024 with 15952506 Canada Inc. (the “Vendor”) for the sale to the Company of all of the Vendor’s right, title and interest (the “Acquisition“) to acquire a 100% interest in the Snook Lake and Ranger Lake Uranium Projects, located 100 km northeast of Sault Ste. Marie in Northwest Ontario.
The Ranger Lake Uranium project consists of 942 mineral claims covering 20 782 ha. of uranium prospective ground that occurs near historical uranium mining district in the Elliot Lake region, in the tier one jurisdiction of Ontario. The Snook Lake Uranium project consists of 237 mineral claims covering 4899 ha. and is approximately 75 km north of Kenora in Northwestern Ontario, a region that has attracted early-stage uranium exploration in the past.
Russell Starr, CEO of Greenridge commented, “With the addition of the Snook and Ranger Lake projects, Greenridge is now further solidified as an emerging uranium explorer in Canada. We believe our uranium Projects in Nunavut, Saskatchewan, and now Ontario are highly prospective and the Company looks forward to our 2024 exploration programmes across Canada. Ultimately, we believe the uranium market will continue to strengthen as demand for clean energy sources remains high.”
Read the article online at: https://www.globalminingreview.com/mining/24062024/greenridge-exploration-acquires-ontario-uranium-projects/
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