Uranium Royalty Corp. Acquires Additional Royalty on the Churchrock Uranium Project, New Mexico, USA
VANCOUVER, BC, July 29, 2024 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY, TSX:URC) (“URC” or the “Company“) is pleased to announce that it has entered into a binding royalty purchase agreement to acquire an additional royalty on a portion of the Churchrock uranium project (“Churchrock Project” or the “Project“) owned indirectly by Laramide Resources Ltd. (“Laramide“) in New Mexico, USA. The Churchrock Project is an advanced stage, ISR uranium project located in the Grants Mineral Belt of New Mexico, USA, 12 miles northeast of Gallup, New Mexico. Laramide has disclosed that the Churchrock Project and nearby properties represent one of the largest and highest-grade undeveloped ISR uranium projects in the United States.