Western Uranium & Vanadium Corp. (WSTRF) has recently provided several company updates that showcase significant progress and developments. Michael Skutezky, a seasoned professional with over 40 years of experience in the resource sector, has been elected as a new independent director. In recognition of his expertise, Skutezky was granted 100,000 stock options as part of his appointment.
At the Sunday Mine Complex, mining teams are making strides by advancing a 2,700-foot drift towards the Leonard & Clark deposit, with 454 feet already developed. Additionally, the underground drilling program has achieved 12,339 linear feet of drilling progress in Q2.
Excitingly, Western Uranium & Vanadium Corp. is also focusing on developing the San Rafael Uranium Project in Utah as its second production facility. The company has submitted a Notice of Intent to the Bureau of Land Management (BLM) and anticipates approval for mineral and groundwater exploration within the next 30 days. Further plans for 2024 include a phase 1 drilling program, which involves the installation of groundwater monitoring wells and an assessment of mineralization against historical data.
The strategic appointments, progress at the Sunday Mine Complex, and plans for the San Rafael Uranium Project highlight Western Uranium & Vanadium Corp.’s commitment to growth and innovation in the resource sector. With a strong team and clear objectives, the company is poised for advancement in the industry.
