- CEO
- Marc Charles Henderson
- Full Time Employees
- 8
- Sector
- Energy
- Industry
- Uranium
- Address
- The Exchange Tower Toronto ON Canada M5X 1B1
- IPO Date
- Feb 9, 2005
- Business
- Laramide Resources Ltd. Laramide Resources Ltd. engages in the acquisition, exploration, and development of uranium properties in Tier-1 jurisdictions including Australia, the United States, and Kazakhstan. The company holds 100% interests in advanced-stage uranium projects such as the Westmoreland Uranium Project in northwest Queensland, Australia, featuring a significant indicated resource of 48.1 million pounds U3O8 and inferred resource of 17.7 million pounds U3O8 following a 34% resource increase in early 2025; the adjacent Murphy Uranium Project in Australia's Northern Territory covering 1,049.6 square kilometers for exploration on historic targets; the Crownpoint-Churchrock In-Situ Recovery (ISR) project in New Mexico, USA, with an existing U.S. Nuclear Regulatory Commission license and a preliminary economic assessment demonstrating low-cost production potential of 31.2 million pounds over 31 years at $27.70 per pound operating costs; the La Jara Mesa project in New Mexico's Grants Mineral Belt, a late-stage underground development asset designated for U.S. federal permitting priority under the Critical Minerals Initiative in May 2025; the La Sal conventional underground project in Utah, located near Energy Fuels' White Mesa Mill; and the Chu-Sarysu greenfield exploration project in Kazakhstan spanning approximately 6,000 square kilometers in the prolific South Kazakhstan Basin, where the company closed a three-year option agreement in late 2024. Laramide Resources Ltd., founded in 1980 and headquartered in Toronto, Canada, operates through subsidiaries including Tackle Resources Pty Ltd. in Australia and NuFuels Inc. in the United States, targeting nuclear fuel markets amid rising global demand for carbon-free baseload power. Recent developments include the granting of a Mineral Development Licence for Westmoreland in 2025, an upsized $12 million private placement financing, full conversion of $3.5 million outstanding convertible debt in March 2025, a major 2024 drilling campaign exceeding 12,000 meters at Westmoreland yielding high-grade uranium and gold intercepts with final results supporting resource expansion, extension of a $5 million credit facility with Extract Advisors in October 2024, appointment of a U.S. Vice-President for Operations in July 2024, and filing of an updated NI 43-101 technical report for Westmoreland in 2025.