URANIUM
Diversified mining major Rio Tinto has agreed to make a final cash payment of C$1-million to TSX-V-listed junior Pistol Bay to gain the remaining 25% interest in uranium properties in the Athabasca basin of Saskatchewan.
The C block of uranium properties is under option to Rio Tinto, which has already earned a 75% interest to date, the diversified Canadian junior said in a statement.
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