(via TheNewswire)
![]() | |||||||||
Following the Acquisitions, Yath now spans 123.45 km² and enlarges due north and within 3 kilometers of the district-scale uranium project under advancement by Atha Energy Corp*. Atha Energy Corp.
Click Image To View Full Size
The Company believes that Yath remains uniquely positioned within the
Highlights of the expanded and existing Yath package include:
Prospective for high-grade unconformity type uranium deposits and IOCG (Olympic
dam) type deposits.
New geological interpretation with drill-ready targets (Revised in 2012 by
Charlie Jefferson ).
Historical boulder samples indicate uranium concentrations of 1-10% across all properties.
"With the acquisition of the Yellow Frog and Pink Toad Uranium Projects, we are significantly expanding our uranium exploration potential at Yath," said CEO
For additional information on Yath and other company assets, please visit our investor presentation and website.
Terms of the Acquisition
Pursuant to the acquisition, the Company will pay a total cash consideration of
*Mineralization on adjacent Properties or Projects many not necessarily indicative of the mineralization on the
** Reported by ValOre Metals Corp. in a Technical Report entitled “Technical Report and Resource Update For The Angilak Property,
FOR FURTHER INFORMATION CONTACT
President and Chief Executive Officer
anthony@generationuranium.com
778-388-5258
About
The Company is a natural resource company engaged in the exploration and development of mineral properties. The Company holds a 100% interest in the
Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
Neither
Copyright (c) 2024 TheNewswire - All rights reserved.
Copyright (c) 2024 TheNewswire - All rights reserved., source