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Red Metal's uranium exposure

EXPLORATION company Red Metal says a new joint venture announced earlier this week at Mount Yerila in the Curnamona Province of South Australia will see it able to earn a 60% interest in all mineralisation in the basement rocks, including uranium.

Michael Quinn
Red Metal's uranium exposure

However 40% joint venture partners Quasar Resources (a related company of Heathgate Resources), Paladin Energy, and John Risinger, will retain the rights to sedimentary-hosted uranium mineralisation within...

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