Core Viewpoint - Refined Energy Corp. is set to initiate a 1200 metre drill program in the Athabasca Basin in Q1 2026, following a formal proposal from Eagle Plains Resources Ltd. This program aims to explore promising uranium targets based on advanced geophysical and technical analyses [1][4]. Group 1: Drill Program Details - The Phase I drill program will include ground-based gravity and electromagnetic surveys along with three drill holes totaling approximately 1200 metres, targeting two distinct conductors on the Dufferin West property [1][2]. - The initial budget for the drill program is approximately $1.7 million, which may be adjusted based on project progress and results. The program is designed to allow for expansion as new targets are identified [2][4]. Group 2: Project Background - The Dufferin Project encompasses two properties, Dufferin North and Dufferin West, located about 18 km from Cameco's Centennial Deposit, which previously showed significant uranium mineralization [3]. - The Dufferin Project area covers over 14,800 hectares and is considered prospective for uranium mineralization associated with NE-SW trending faults, with mineralization typically localized along faulted basement contacts [3]. Group 3: Company Overview - Refined Energy Corp. is a Canadian exploration company focused on uranium and critical energy metal projects in tier-one jurisdictions, with a diversified pipeline of assets supporting the clean energy transition [6].
Refined Energy Corp. Receives Formal Drill Program Proposal for Dufferin Project Drill Program
Globenewswire·2025-12-08 13:00