RE: No RNS, No Clue — But the Market Clearly Knows21 Oct 2025 16:11
Metals One (MET1) shares have risen today due to progress in its mineral exploration projects, specifically the initiation of geophysical surveys at its Squaw Creek uranium project in Wyoming. The company also noted that the acquisition of the project is moving forward, with Bureau of Land Management claim documents being processed in both Wyoming and Colorado.
Exploration progress: The company has started Phase 1 exploration work, which includes geophysical surveys in Wyoming and a review of historical data.
Acquisition updates: Metals One is encouraged by the progress made as it works to finalize the acquisition of the Squaw Creek uranium project and the Uravan vanadium project in Colorado.
Lease status: Claim documents are being processed in Wyoming and are expected to conclude shortly, which will allow for the granting of exploration leases