07:09 AM EDT, 09/06/2024 (MT Newswires) -- Bedford Metals ( URGYF ) on Friday said it has begun planning its next exploration program at the Ubiquity Lake uranium project in Saskatchewan as it awaits assay results from samples collected during its most recent program.

The field team identified a number of "promising" targets at the project and assay results will provide further insight into the project's potential, the company said.

The next exploration program will be more clearly defined once the assay data is received, allowing the company to refine its focus and exploration strategies.

Bedford Metals' ( URGYF ) share price dropped 43% yesterday to $0.82, hitting a 52-week low.