Resources Top 5: ‘It was all yellow.’ Uranium hunter GUE also digs New England gold

As the Coldplay song says … Picture: Getty Images Global Uranium and Enrichment (ASX:GUE) Formerly known as Okapi Resources ( ASX:OKR ), is up on Friday thanks to a yellow metal narrative first, followed by an update on its yellowcake interests.

It’s just revealed its exploration licence for the Enmore gold project – in the New England Fold Belt in NSW about 30km south of Armidale in NSW – has been renewed for another six years.

The company compares the project with the nearby Hillgrove Gold Mine, which belongs to Larvotto Resources ( ASX:LRV ) and has produced more than 730,000oz of gold.

By comparison, Enmore is largely underexplored, hence the company’s interest. For the latest mining news, sign up here for free Stockhead daily newsletters A maiden drill program completed in 2021 delivered strong results at Enmore, including 174m at 1.83g/t gold from surface, ending in mineralisation, with the deepest interval […]

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