Laramide Initiates Exploration Program at Murphy Uranium Project, Northern Territory, Australia

Laramide Initiates Exploration Program at Murphy Uranium Project, Northern Territory, Australia

TICKER SYMBOLS:TSX: LAM ; ASX:LAM; OTCQX:LMRXF

TORONTO, Nov. 15, 2021 /CNW/ – Laramide Resources Ltd. (" Laramide " or the " Company ") (TSX: LAM ) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce it has commenced a helicopter supported reconnaissance stream and soil sampling program designed to test for uranium, gold and a suite of other precious and base metals, hosted within favourable geological units on ELs 9319 and 9414 in the Northern Territory. These tenements comprise the Murphy Project ("Murphy" or "the Project") and the current program is the first one undertaken by Laramide since completing the acquisition of Murphy from Rio Tinto Exploration ("RTX") on October 22, 2020. Laramide had previously been in a joint venture earn-in agreement with RTX and, since its involvement with the Project, has commissioned several different types of airborne geophysical surveys including combined magnetics-radiometrics, time-domain electromagnetics, and gravity gradiometry surveys. A […]

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