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ASX:ARE

Argonaut Resources NL

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Market:
ASX
Market Cap:
$28.85 m
Price
0.01 AUD
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In brief

Argonaut Resources NL (ASX:ARE) is an exploration and development company focused on the Murdie Copper Project in South Australia and copper development at the Nyungu project in Zambia.

The company is also developing the internationally recognised Torrens Copper-Gold Project in South Australia.

Argonaut has acquired a highly prospective uranium exploration project, Frome, south of Lake Frome in South Australia, arguably the most prospective region in Australia for sandstone-hosted uranium deposits.

Snapshot

  • Argonaut Resources seeks to spin-off uranium interests into Orpheus Minerals
  • Argonaut Resources acquires package of three South Australian licences prospective for uranium
  • Argonaut Resources updates on copper-cobalt drill program in Zambia

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Argonaut Resources acquires package of three South Australian licences prospective for uranium

The substantial landholding covers an area of 2,894 square kilometres including a network of sandstone paleochannels with groundwater that drains from uranium-bearing granite source rocks.

on 24/2/21