Patronus Resources Finds High Grade Uranium Mineralization in Australia Project
MT Newswires Live
Nov 25, 2025
Patronus Resources (ASX:PTN) found high-grade uranium mineralization during a recent drilling at the Thunderball uranium deposit, located within the Pine Creek project in the Northern Territory, according to a Tuesday Australian bourse filing.
The results were of up to 10.76 meters at 2.95% triuranium octoxide from 87 meters, including three meters at 9.7% triuranium octoxide from 88 meters, and one meter at 2.18% triuranium octoxide from 96.76 meters.
The company said that the results confirm the upper lode as a newly emerging, "significant" high-grade position, complementing high-grade intervals already identified in the main lode.
The company's shares closed 6% up on Tuesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.