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Laramide Resources Ltd.

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Summary

Project:

Murphy

Deposit:Murphy
Location:Australia
Commodities:Uranium
Date:5/22/2020
Report Code:NI43-101
Report Type:Optimisation Study
Project Stage:Pursuing Resources Definition
Report details:22-5-2020: Laramide Resources Ltd. announces a Optimisation Study report for its Murphy deposit at the Murphy project. Technical Report on Murphy Property. This is an independent technical report on Laramide Resources Ltd’s (“Laramide”) Murphy Property (“
Resources:x
CP/QP:[Overall Report]: Robert Sowerby (Mining Associates Pty Ltd.)
ABSTRACT:This is an independent technical report on Laramide Resources Ltd’s (“Laramide”) Murphy Property (“Murphy” or “the Property”) in the Northern Territory (NT), Australia prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI43-101). The Project area is located adjacent to the Northern Territory/Queensland border approximately 1250 km SE of Darwin and 400 km NNW of Mt Isa and centred at latitude 17° 40’ 00” S and longitude 137° 50’ 00” E. The Property is comprised of four Exploration Licences (ELs), EL9319, EL9414, EL23573 and EL29898 covering 1,049.6 km2 . The Project area forms part of Laramide’s regional tenement holdings which extend into Queensland and includes the Westmoreland uranium deposits which contain previously reported NI43-101 compliant resources of 27.7Mt at 0.085% U3O8 for 51.9Mlbs contained U3O8. The company has strategically acquired this regional portfolio of tenements to cover a substantial strike length of the Murphy Inlier including the prospective Westmoreland Conglomerate and tectonic-structural settings prospective for uranium mineralisation in the region

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