Laramide Resources Ltd. (TSX:LAM, ASX:LAM, OTCQX:LMRXF) submitted a technical report dated July 22, 2026 that presents a preliminary economic assessment (PEA) for its wholly owned Westmoreland uranium project in Queensland, Australia.
The PEA evaluates the Redtree, Huarabagoo, Junnagunna and Long Pocket deposits. Production is projected to derive roughly 79% from indicated mineral resources and 21% from inferred resources. Cost estimates are presented at a scoping‑study level with an accuracy range of about ±35%.
The report recommends advancing the project to a pre‑feasibility study. Exploration focus for 2026‑2027 will target potential extensions and satellite zones, including the Link Zone between Huarabagoo and Junnagunna, as well as the Amphitheatre, Moogooma and U‑Valley areas.
CEO Marc Henderson noted that current Queensland policy restricts uranium development, but the company aims to keep Westmoreland technically ready should the regulatory environment evolve.
