Core Insights - Refined Energy Corp. is planning an initial drill program for the Dufferin Project in the Athabasca Basin, with a budget of $2,062,500 for a minimum of four holes and 1,250 metres of drilling [1][3] - The Dufferin Project is located near significant geological features known to host uranium mineralization, specifically the Virgin River Shear Zone [3][5] - The company holds an exclusive option to acquire 75% of the Dufferin Project, which spans 10,140 hectares [5][7] Drilling Program Details - The drill program will target two separate conductors, with the highest priority being a strong conductor associated with the Virgin River Shear Zone [2] - Both conductors have never been drill tested, and the sandstone cover above the unconformity is estimated to be less than 200 metres deep [2] - Uranium deposits in the Athabasca Basin are typically found at or beneath the unconformity contact between sandstone and basement rocks [2] Company Background - Refined Energy Corp. is a junior mining company focused on identifying and acquiring mineral properties in North America, with the Dufferin Project being its flagship project [7] - The company is also exploring options to earn up to a 100% interest in additional uranium properties in Saskatchewan [7]
Refined Energy Corp Files 43-101 Report, Drill Program Recommended
Globenewswire·2025-06-30 12:00