VANCOUVER, BC / ACCESS Newswire / June 24, 2025 - North Shore Uranium Ltd. (TSXV:NSU) has announced that it has signed a binding term sheet with Resurrection Mining LLC to acquire up to 87.5% of the Rio Puerco uranium project in northwestern New Mexico. The transaction highlights include a historical resource estimate of 6.0 million tonnes at an average grade of 0.09% eU3O8, suggesting 11.4 million lbs. of U3O8. The project also shows potential for low-cost In-Situ Recovery mining. Completion of the transaction is contingent upon North Shore conducting satisfactory due diligence, executing a definitive agreement, securing a minimum $750,000 financing, and obtaining approval from the TSX Venture Exchange.
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