Metals One PLC (LSE:MET1) has shared progress on its Phase 1 exploration activities at the Squaw Creek Uranium Project, located in Wyoming, USA. Situated in the historically significant Shirley Basin region, the project is benefitting from ongoing geophysical surveys and the integration of legacy exploration data. Its proximity to TerraPower’s Natrium advanced reactor project further emphasizes Squaw Creek’s strategic relevance in supporting U.S. clean energy goals and domestic uranium production.
The company is in the process of finalizing the acquisition of both the Squaw Creek and Uravan Vanadium Projects, pending the fulfillment of certain conditions. Exploration leases are expected to be issued soon, which will allow Metals One to advance its efforts in this key uranium district. The initiative aligns with the company’s broader objective to bolster U.S. energy independence and help meet increasing energy demands through sustainable mineral sourcing.
About Metals One PLC
Metals One PLC is a resource exploration and development firm focused on securing critical minerals and gold assets in politically stable jurisdictions. With operations in Finland, Norway, and the United States, the company targets essential materials for the clean energy transition, including copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals. Metals One is listed on the London Stock Exchange’s AIM Market and aims to responsibly supply the raw materials vital for a low-carbon future.
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