Dark Star Minerals (CSE:BATT) has completed a second tranche of a non-brokered private placement, raising C$30,000 ($33,655.54) as part of an already secured C$340,000.
The company is using to fund exploration across the group’s project portfolio.
As previously reported, Dark Star will use the funds to conduct exploration across its current assets including the Ghost Lake, Logan, and Bleasdell Lake projects, as well as general working capital.
The Ghost Lake Project, located in Labrador, covers 28,575 hectares and is considered prospective for uranium mineralisation.
The Logan Project comprises 14 mining claims totalling 55.6 hectares in the James Bay region, and is prospective for rare earths.
Meanwhile, Bleasdell Lake is also a uranium prospective project in Saskatchewan, Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Dark Star Minerals
