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Canamera Energy Metals acquired an option to earn up to 90% in Wyoming’s Great Divide Basin uranium project through $3M in spending over four years.
Canamera Energy Metals Corp. has acquired an option to earn up to a 90% interest in the Great Divide Basin uranium project in Wyoming through a three-stage earn-in process requiring $3 million in exploration spending and share issuances over four years.
The 2,080-acre project, located in Fremont and Sweetwater counties, features roll-front uranium mineralization and extensive historical drilling dating to the 1970s.
It lies near other advanced uranium projects and is accessible via Bureau of Land Management roads.
A 1.25% net smelter royalty remains with Plateau Ventures LLC, and a joint venture will be formed if the first option is exercised.
The company, focused on critical minerals in the Americas, plans systematic exploration using geological and geophysical data.
Warren Robb, a qualified person, reviewed the technical information.
Canamera Energy Metals adquirió una opción para ganar hasta el 90% en el proyecto de uranio de la cuenca Great Divide de Wyoming a través de $ 3M en gastos durante cuatro años.