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Heavy Rare Earths Ltd (ASX:HRE) has picked up three uranium projects in South Australia on the back of a deal with Havilah Resources (ASX:HAV). A binding term sheet inked between the two players has handed HRE an initial 80% interest in the “uranium-rich … Curnamona Province,” the company wrote on Monday. The deal is backed by a HRE-led placement managed by Cygnet Capital. Havilah, for its part, pointed towards the deal allowing earlier-than-expected monetisation of some assets. Heavy Rare Earths predicts it’s just found a low-cost way to sniff out hard rock and sedimentary uranium targets in …

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