Greenridge Provides Update on 2025 Athabasca Basin Region Exploration Activities

Core Insights - Greenridge Exploration Inc. has provided an update on its uranium and critical metals exploration activities in the Athabasca Basin region of Saskatchewan, Canada, for the year 2025 [1][2]. Exploration Activities - In 2025, the company conducted an extensive exploration program across six projects in northern Saskatchewan, utilizing advanced technologies to create a robust geological dataset for future drilling initiatives [2]. - The exploration team, contractors, and partners were commended for their dedication and expertise, with plans to advance results into the 2026 field season [2]. Project Summaries Hook-Carter Uranium Project - The Hook-Carter project consists of 11 claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, SK [5]. - It is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits [5]. - Greenridge holds a 20% interest in Hook-Carter, with an option to increase to 25% by spending $3 million on exploration by November 2026 [6]. - A moving loop time-domain electromagnetic survey was completed in fall 2025, enhancing target resolution and validating previous interpretations [6][7]. Carpenter Lake Uranium Project - Carpenter Lake consists of 12 mineral claims covering approximately 18,680 hectares, with Greenridge owning 60% and acting as the operator [8]. - The project lies along the Cable Bay Shear Zone, a major geological structure that remains underexplored [9]. - In September 2025, eight diamond drill holes were completed, totaling 1,368 meters, intersecting prospective lithologies for uranium mineralization [10]. - Anomalous radioactivity was detected in three of the eight drill holes, indicating potential uranium-bearing fluids mobilized along the CBSZ [11]. Sabre Uranium Project - The Sabre project comprises 39 claims totaling 23,178 hectares, located approximately 30 kilometers west of Stony Rapids, SK [12]. - A deep-penetrating MobileMT airborne electromagnetic survey was conducted in spring 2025, covering 1,536 line kilometers [13]. - The results are being integrated into a 3-D model to assist in identifying new target zones [13][14]. McKenzie Lake Uranium Project - McKenzie Lake consists of three mineral claims covering approximately 5,766 hectares, 100% owned by Greenridge [15]. - An airborne electromagnetic survey was conducted in 2025, mapping a major fault zone and discrete conductive zones [17]. - The project has an active exploration permit valid until March 31, 2027 [19]. Bradley Lake Uranium Project - Bradley Lake consists of a single mineral claim of 1,147 hectares, 100% owned by Greenridge [20]. - Historical uranium showings have been documented, with grades in outcrop samples reaching up to 3.53% U3O8 [20]. - An airborne survey in 2025 provided high-resolution EM data, detecting a conductive zone associated with known uranium-bearing zones [21][22]. Flying Vee Nickel Project - The Flying Vee project consists of five mineral claims totaling 9,036 hectares, located approximately 25 kilometers north of Stony Rapids, SK [23]. - An airborne survey in 2025 detected conductive zones coincident with mineral showings, and radiometric data was collected to map the potential extent of the Day Lake gold showing [24][25]. - The project has an active exploration permit valid until March 31, 2028 [25]. Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada [29]. - The company owns or has interests in 23 projects covering approximately 269,246 hectares, with significant exposure to potential uranium, nickel, copper, and gold discoveries [29][30].