Laramide Resources (ASX:LAM) said that its 2024 drilling program at its Westmoreland uranium project in Queensland confirmed a high-quality uranium deposit and a global mineral resource estimate update is expected by the end of the first quarter, according to a Monday Australian bourse filing.
The program was designed to improve the project's mineral resource through extensional and infill drilling of uranium mineralization.
It plans to conduct further exploration, resource, geotechnical, and metallurgical drilling in the area.