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Latitude Uranium Inc LURAF


Primary Symbol: C.LUR

Latitude Uranium Inc., formerly Labrador Uranium Inc., is a Canada-based exploration company. The Company is engaged in the exploration and development of two district-scale uranium projects in Canada. Its primary focus is expanding the Angilak resource base. Its Angilak project is located in southern Nunavut and covers approximately 68,552 hectares (ha) with a property that is over 40 kilometers (km) long by 20 km wide. It is also advancing the Central Mineral Belt (CMB) Project, which is situated in the prolific Central Mineral Belt in central Labrador adjacent to the Michelin Deposit, with numerous occurrences of uranium, copper and potential Iron oxide copper gold ore deposits (IOCG) style mineralization. It covers approximately 152,825 ha in the prolific CMB in Labrador, including the Moran Lake Project, the Anna Lake Deposit and the Mustang Lake Project. The Anna Lake Deposit is located over 35 km southwest of Postville, and 15 km northwest of the Michelin deposit.


CSE:LUR - Post by User

Comment by 17Diggeron Aug 30, 2023 12:37pm
75 Views
Post# 35612177

RE:Promising or disappointing?

RE:Promising or disappointing?I think their drills hit enough good things this time to show that Latitude has a good idea of the ore pattern beneath the ground.

These new results will fine tune the granularity of their insights into the geology pattern of where the ore sits. The sites they drill after analysing the 2023 results will be excellent in my estimation, so I will be hanging on to my shares. The one analyst that I am aware of already values them at a $1.35 target price

..., but they need more newly discovered pounds from drill holes like these to get them the rest of the way to the 100 milion pounds in the ground they seek to show the market. 

It looks to me that they are well on the way to that 100 million pound resource.

What do you think? 

xx
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