{"id":5049,"date":"2024-01-30T03:18:30","date_gmt":"2024-01-30T03:18:30","guid":{"rendered":"https:\/\/economicherald.net\/?p=5049"},"modified":"2024-01-30T03:18:30","modified_gmt":"2024-01-30T03:18:30","slug":"riversgold-locks-in-two-uranium-prospective-tenements-north-of-yanrey","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5049","title":{"rendered":"Riversgold locks in two uranium prospective tenements north of Yanrey"},"content":{"rendered":"

Riversgold adds another two tenements to its portfolio
\nBoth projects are highly prospective for uranium
\nThe tenements have been acquired through direct pegging<\/p>\n

\u00a0<\/p>\n

Special Report<\/em>: Riversgold has secured two highly prospective tenements \u2013 Onslow South and Menzies East \u2013 for uranium as yellowcake prices soar to new heights of +US$100\/lb. <\/strong><\/p>\n

Riversgold (ASX:RGL)<\/a> is adding another two tenements to its portfolio in Western Australia, both considered highly prospective for uranium.<\/p>\n

Sentiment for the energy metal is at an all-time high, coinciding with the biggest lift in uranium contracting by nuclear plants in years since the Fukushima incident in 2011.<\/p>\n

While there have been some notes of caution, RGL and many other junior explorers are grabbing a piece of the pie with the view the uranium market is forecast to face a supply-demand deficit that could benefit a new throng of yellowcake miners.<\/p>\n

\u00a0<\/p>\n

New uranium-focused projects <\/strong><\/h2>\n

The first project, Menzies East, covers some 52km2 of ground with two occurrences of uranium reported, including 1970s trench sampling assaying up to 5,430ppm U3O8 and auger drilling results up to 800ppm U3O8.<\/p>\n

\u00a0<\/p>\n

The Menzies East project plus location of historical sample and results. Pic: Supplied (RGL)<\/p>\n

\u00a0<\/p>\n

Meanwhile, the Onslow South project is 40km south of Onslow and 20km northeast of Paladin Energy\u2019s (ASX:PDN)<\/a> Manyingee uranium deposit, which contains an indicated resource of 15.7Mlb @ 850ppm U3O8 and an inferred resource of 10.2Mlb @ 850ppm U3O8 (using a cut-off grade of 250ppm U3O8).<\/p>\n

It also abuts the northern boundary of Cauldron Energy\u2019s (ASX:CXU)<\/a> Yanrey uranium project, home to a resource at Bennet Well of 30.9Mlb (~14,000t) of contained uranium oxide.<\/p>\n

\u00a0<\/p>\n

The Onslow South uranium project and location of nearby uranium projects. Pic: Supplied (RGL)<\/p>\n

\u00a0<\/em><\/p>\n

RGL says both tenements have been acquired through direct pegging.<\/p>\n

\u201cWe are excited about these projects joining the RGL tenement portfolio,\u201d RGL executive chairman David Lenigas says.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Riversgold, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Riversgold locks in two uranium prospective tenements north of Yanrey<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Riversgold adds another two tenements to its portfolio Both projects are highly prospective for uranium The tenements have been acquired through direct pegging \u00a0 Special [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5049","post","type-post","status-publish","format-standard","hentry","category-finance"],"yoast_head":"\nRiversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=5049\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Riversgold adds another two tenements to its portfolio Both projects are highly prospective for uranium The tenements have been acquired through direct pegging \u00a0 Special [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=5049\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-30T03:18:30+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Riversgold locks in two uranium prospective tenements north of Yanrey\",\"datePublished\":\"2024-01-30T03:18:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049\"},\"wordCount\":372,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5049#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=5049\",\"name\":\"Riversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"datePublished\":\"2024-01-30T03:18:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5049\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5049#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Riversgold locks in two uranium prospective tenements north of Yanrey\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Riversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=5049","og_locale":"en_US","og_type":"article","og_title":"Riversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald","og_description":"Riversgold adds another two tenements to its portfolio Both projects are highly prospective for uranium The tenements have been acquired through direct pegging \u00a0 Special [more...]","og_url":"https:\/\/economicherald.net\/?p=5049","og_site_name":"Economic Herald","article_published_time":"2024-01-30T03:18:30+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=5049#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=5049"},"author":{"name":"","@id":""},"headline":"Riversgold locks in two uranium prospective tenements north of Yanrey","datePublished":"2024-01-30T03:18:30+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=5049"},"wordCount":372,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=5049#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=5049","url":"https:\/\/economicherald.net\/?p=5049","name":"Riversgold locks in two uranium prospective tenements north of Yanrey - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"datePublished":"2024-01-30T03:18:30+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=5049#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=5049"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=5049#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Riversgold locks in two uranium prospective tenements north of Yanrey"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5049"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5049\/revisions"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}