Orange Minerals (ASX:OMX) expands exploration around Mulga Rock uranium deposit

Orange Minerals is expanding its exploration footprint around Deep Yellow’s Mulga Rock uranium deposit in Western Australia with six new tenement applications.

The areas show promise for paleochannel-hosted uranium, rare earth minerals, and base and precious metals.

The applications cover 1,234 km2 positioned around Mulga Rock, which holds a resource estimate of 104.8 million pounds of U3O8.

Orange Minerals is developing exploration programs to unlock the potential once the tenements are granted.