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C29 Metals Secures Drilling Greenlight but Faces Ownership Transfer Roadblock

11:45am on Friday 31st of January, 2025 AEDT Mining
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C29 Metals Secures Drilling Greenlight but Faces Ownership Transfer Roadblock

11:45am on Friday 31st of January, 2025 AEDT
Key Points
  • Strong cash position of $2.562 million at quarter end
  • Received Category 2 drilling approval for Ulytau uranium project
  • Ministerial approval to transfer Ulytau Resources ownership refused
  • Exploration activities paused pending resolution of ownership issue
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