Laramide Resources has filed a NI 43-101 Technical Report supporting the updated Preliminary Economic Assessment (PEA) for the Westmoreland Uranium Project in Queensland, Australia. The report confirms the results of the PEA announced on July 22, 2026, with no material differences noted.
Laramide Resources announced an updated Preliminary Economic Assessment (PEA) for its Westmoreland Uranium Project in Queensland, Australia, revealing strong economics with a post-tax NPV of US$741.1 million and an IRR of 33%. The PEA incorporates updated Mineral Resources, including 27.8 Mt Indicated at 770 ppm U₃O₈ and 11.8 Mt Inferred at 680 ppm U₃O₈, and projects an overall uranium recovery of 95% from conventional agitated tank leaching. This study, compliant with JORC 2012 and NI 43-101, positions Westmoreland as a large-scale, low-cost uranium operation for future development.
Laramide Resources has engaged Lycopodium Limited to update the Preliminary Economic Assessment (PEA) for the Westmoreland Uranium Project in Queensland, Australia. The update, expected in 1H 2026, will incorporate a materially expanded mineral resource and current, higher long-term uranium pricing.
Laramide Resources has filed an amended NI 43-101 Technical Report for the Westmoreland Uranium Project in Queensland, Australia. The refiling corrects errors regarding the use of a dated PEA and the improper grouping of inferred resources with other categories, though no material changes to the mineral resource estimate were made.
Laramide Resources has filed a NI 43-101 technical report for the Westmoreland Uranium Project in Australia. The updated Mineral Resource Estimate includes 27.8 Mt of Indicated Resource at 770 ppm U3O8 and 11.8 Mt of Inferred Resource at 680 ppm U3O8.
Laramide Resources has announced a significant update to the Mineral Resource Estimate for its Westmoreland Uranium Project in Queensland, Australia, incorporating new drilling data. The updated MRE reports a 34% increase in Indicated Resources and an 11% increase in Inferred Resources, resulting in a total of 48.1 million pounds of U3O8 Indicated and 17.7 million pounds Inferred. The project now boasts 70% of its resources in the Indicated category, with the inclusion of an initial resource for the Long Pocket deposit, further solidifying its position as a globally significant uranium asset.
Laramide Resources has released the final results from its 2024 drill campaign at the Westmoreland Uranium Project in Queensland and Northern Territory, Australia. The program, the company's largest to date, successfully confirmed broad uranium mineralization and high-grade intercepts across multiple prospects, including Junnagunna, Amphitheatre, and Southern Comfort. These results will support an updated Mineral Resource Estimate expected in Q1 2025, with significant resource expansion potential identified.
Laramide Resources has released further assay results from its 2024 drill campaign at the Westmoreland Project in Queensland, Australia, highlighting broad and consistent uranium mineralization with associated gold. Key intercepts include 3m at 5,286 ppm (0.53%) U3O8 and 0.62 g/t Au in HB24DD014, and 1m at 4,563.50 ppm (0.46%) U3O8 and 2.04 g/t Au in HB24DD011. These results are expected to contribute to an updated Mineral Resource Estimate in Q1 2025 and support future development studies.
Laramide Resources announced further assay results from its 2024 drill program at the Westmoreland Project in Queensland, Australia, reporting strong uranium and notable gold mineralization. The results demonstrate continuity of mineralization between the Huarabagoo and Junnagunna uranium deposits and highlight significant gold endowment. Additionally, the company secured a new exploration permit adjacent to the project, expanding its prospective tenure.
