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on UraniumX Discovery Corp. (CVE:STMN)

UraniumX Discovery Corp Announces Option Agreement with Gold'n Futures

UraniumX Discovery Corp has entered into an option agreement with Gold'n Futures Mineral Corp. granting the latter an exclusive right to acquire a 100% interest in the NeoCore Uranium Property in Saskatchewan's Athabasca Basin. The agreement involves Gold'n issuing 12 million common shares to UraniumX, making cash payments of $550,000, and investing $2.75 million in exploration over 36 months. UraniumX will operate the property during this period, while retaining a 2% net smelter returns royalty.

The NeoCore Uranium Property covers six mineral claims across approximately 13,012 hectares. The property is strategically located with access to essential infrastructure. UraniumX CEO, Esen Boldkhuu, noted that the agreement fits the company's project generator approach, allowing focus on its flagship Murphy Lake Uranium Property. No mineral resource has yet been defined at NeoCore, but UraniumX sees potential in advancing the project while maintaining its exploration strategy.

R. P.

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