Laramide Resources to pursue large greenfield exploration opportunity in Kazakhstan: Acquires option on 6,000 km² land position in prolific Chu-Sarysu Basin

Highlights:

TORONTO, Sept. 5, 2024 /CNW/ - Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that it has entered into a three-year option agreement (the "Option Agreement"), with an option to extend for an additional year, with Aral Resources Ltd. ("Aral"), a Kazakh company registered with the Astana International Financial Center and the shareholders of Aral (the "Optionors"). Aral has secured 17 mineral licenses, with an additional 5 licenses pending approval, covering nearly 6,000 square kilometers of the Chu-Sarysu sedimentary basin of Kazakhstan (collectively, the "Chu-Sarysu Project").