Recharge Metals Limited’s Post

We've pleased to confirm that we have completed the acquisition of the Carter Uranium Project and a A$2.52 million share placement to advance exploration activities at Carter. The Carter Uranium Project is located on the northern outer rim of the prolific Powder River Basin in the USA and is host to significant historic uranium resources. The Project is within 250 kilometres of six (6) permitted ISR uranium production facilities. The Project was intensely explored by numerous major mining and energy companies during the late 1970s and early 1980s. Kerr McGee, one of the largest uranium producers during this era, in its joint venture with Chevron, was particularly active in the area and drilled thousands of reconnaissance and closer-spaced delineation holes on, and around, Recharge’s Project. The Carter Uranium Project hosts a significant amount of uranium mineralisation with the deposits extending over a strike extent of approximately 11 kilometres. The Acquisition was completed today on the terms outlined previously in the Company’s announcement dated 29 October 2024. 🗞️Read the full ASX announcement here: https://lnkd.in/g8UYHNqD #REC #RechargeMetals #uranium #acquisition #USA #ASXnews

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