Laramide Resources Ltd. announced that the 2024 drilling campaign has started at the Westmoreland Project in Northwest Queensland. The 2024 work plans include up to 12,000m with over 100 drillholes, designed to test multiple targets across the Westmoreland Uranium Project in NW Queensland and into the Murphy Uranium Project in the Northern Territory. Current plans call for the first rig to commence drilling at the Amphitheatre Prospect located 16km to the north-east of the Junnagunna deposit.

Seven holes are planned to expand on shallow mineralisation identified in 2023 (e.g 18.41m @ 352 ppm U3O8 from 49.21m including 0.66m @ 2,452ppm (0.25%) U3O8 from 49.21m and 0.84m @1,910 ppm (0.19%) U3O8 from 69.06m)1 and will target interpreted extensions under alluvial cover to the north. The second rig is scheduled to arrive in early July and the rigs will then move to the main resource areas to test extensions of mineralisation that potentially link the main deposits of Redtree, Huarabagoo and Junnagunna, and could enhance the economics of the deposit significantly. In addition, drilling at Long Pocket will enable a maiden resource estimation before the end of the year.

The 2024 plan also includes returning to the Murphy Project in the Northern Territory to investigate drilling completed in 2007. A 1,500m drill program will revisit the areas of interest identified in Laramide's 2006-2007 exploration program and includes Mageera which appears to be a geological analogue of Westmoreland. At the southern end of this system lies the Southern Comfort uranium and critical mineral prospect.

Drilling at Southern Comfort will be co-funded by the Northern Territory government. Laramide is also pleased to confirm the award of a second exploration grant from the Northern Territory Geological Survey which will contribute to funding a Gradient Array IP (GAIP) survey at the Crystal Hill critical minerals prospect.