Australia's Gladiator Resources rises on Tanzanian uranium project update

US1 Critical Minerals

11/03/2022 02:13

** Shares of gold miner Gladiator Resources  GLA.AX  rise as
much as 6.7% to A$0.032, their highest since Jan 24
    ** Co says https://www.asx.com.au/asxpdf/20220311/pdf/456xb53vh88y4f.pdf
 its Tanzanian unit Zeus Resources (T) Ltd (subject to
regulatory approval) has appointed the MSA Group, South-Africa
based specialist consulting co, to assist it with progressing
its uranium projects in Tanzania
    ** Co says MSA will oversee the exploration planning and
start a review aimed at updating the Mineral Resource Estimate
for the Likuyu deposit, part of its Mkuju project in southern
Tanzania
    ** Stock marks three consecutive session of gains
    ** As of last close, GLA stock down ~11.8% YTD
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))