Labrador Uranium completed the acquisition of Angilak Property from ValOre Metals for $43m.

Labrador Uranium, an uranium exploration firm, completed the acquisition of Angilak Property from ValOre Metals, a mining firm, for $43m. “We are pleased to announce the completion of the Angilak acquisition, marking a significant milestone for Labrador Uranium. Angilak fits well into our Canadian footprint and will leverage our existing team who have prior experience in uranium in Nunavut. Our 2023 Angilak radiometric survey has already been completed, interpretation is underway, and we expect results in the second week of July,” John Jentz, Labrador Uranium CEO.