Connect with us

Hi, what are you looking for?

Trading Tips

Las Alteras Project Presentation – April 2024

Norfolk Metals Ltd (ASX:NFL) (Norfolk or the Company) is pleased to present its investor presentation.



No significant uranium production in the countryWith rising uranium prices, there is a likely exploitation of known resources previously defined at Cerro Solo, Laguna Salada, Sierra Pintada, and IvanaIntegrated exploration at an Argentinian basin level has not been carried out and the known resources are plausibly only a fraction of country’s uranium potentialCentre for Nuclear Energy in Agriculture Centro (CNEA) controls Argentina’s uranium market (since the 1950s) however this may change with the new administration and current uranium price environment



Via Greenshift Commodities Ltd (GCOM) subsidiary Buenavida Metales S.A; Norfolk has exclusivity to 22 claims totaling 60,396 hectares know as the Las Alteras ProjectLas Alteras project is a uranium project portfolio along Paleochannels and Calcrete environments favorable to giant uranium depositsLas Alteras land package represents a significant opportunity to be a major uranium explorer within the Cerro Solo DistrictFluvial and pyroclastic sediments constituting the Chubut Group settled down upon a Jurassic age basementThese Jurassic volcanics (grouped as the Marifil Formation) covered much of eastern Chubut and Rio Negro and potentially supplied the material that makes up the Chubut Group sediments that host the mineralizationUranium hosted with pyrobitumen, indicating fluid mixing with methane. Potential for major uranium district with in-situ leach mining extraction considerations

Click here for the full ASX Release

This post appeared first on
Enter your email address below and we’ll send you our best practices.

    You can unsubscribe at any time. Redstatefoundation respects your privacy and strives to be transparent about our data collection practices. Please read our Privacy Policy and Terms of Use.

    You May Also Like

    Trading Secrets

    What is the marginal rate of substitution and its formula? Key Takeaways: Trade-offs and Satisfaction: MRS shows the trade-offs consumers are willing to make...

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...