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Greenridge Exploration Announces Commencement of Winter 2026 Drilling Program with Denison Mines at the Hook-Carter Uranium Project in the Athabasca Basin, Saskatchewan
Globenewswire· 2026-02-18 13:00
Core Viewpoint - Greenridge Exploration Inc. has commenced its 2026 winter drilling program at the Hook-Carter Uranium Project, which is a joint venture with Denison Mines Corp. The project is strategically located in the southwestern Athabasca Basin, known for its rich uranium deposits [1][3]. Group 1: Drilling Program Details - The 2026 drilling program will involve up to eight diamond drill holes, totaling approximately 4,600 meters [4]. - The drilling targets were established through the integration of 2025 ground geophysical surveys and historical exploration data, focusing on the underexplored Derkson Trend [4]. - The program is expected to be completed by the end of March 2026, with operations based from a temporary work camp on-site [5]. Group 2: Project Background - The Hook-Carter Project consists of eleven claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, Saskatchewan [6]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits from other companies [6][7]. - Denison Mines Corp. holds an 80% interest in the project, while Greenridge retains a 20% interest [1]. Group 3: Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [8]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, which included nearly 12,000 meters of diamond drilling [8]. - In December 2024, Greenridge acquired ALX Resources and assumed its ownership interest and funding obligations in the joint venture [10]. Group 4: Company Overview - Greenridge Exploration Inc. is focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada, owning or having interests in 23 projects covering approximately 269,246 hectares [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 14 projects covering about 190,932 hectares [14]. - Greenridge's management team has significant expertise in capital raising and advancing mining projects, positioning the company to attract new investors [14].
Greenridge Provides Update on 2025 Athabasca Basin Region Exploration Activities
Globenewswire· 2026-01-29 13:00
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].
Purepoint Commences 2026 Drilling Program At Dorado Following Nova Uranium Discovery
TMX Newsfile· 2026-01-26 11:30
Core Viewpoint - Purepoint Uranium Group Inc. has commenced drilling at the Dorado Project as part of a joint venture with IsoEnergy Ltd, aiming to expand the high-grade Nova Uranium Discovery and advance other priority targets across the property [1][3]. Winter 2026 Nova Expansion Program - The winter drill program is the first phase of a fully approved multi-campaign exploration initiative at Dorado, following the 2025 Nova Discovery which reported uranium grades of up to 8.1% U₃O₈ over 0.4 meters within 2.1 meters of 1.6% U₃O₈ in hole PG25 07A [2][8]. - Drilling will focus on systematic step-outs along the mineralized structure, specifically targeting the northeastern extension where the strongest uranium mineralization has been found [5][8]. Advancing a District Scale Opportunity - The Dorado Project includes multiple priority target areas characterized by conductive corridors, fault structures, and favorable graphitic lithologies [6][15]. - An airborne magnetotellurics survey is planned for later this winter or early spring to refine deeper structural targets across several grids, supporting ongoing district-scale evaluation of the joint venture land package [6]. Future Plans - A helicopter-supported summer drill program is planned to test additional targets across the Dorado Project, contingent on the results from the winter drilling [7][8]. - The winter program will include up to 10 drill holes totaling approximately 4,300 meters, focusing on the corridor between holes PG25-03 and PG25-07A, which has an 800-meter strike length with the strongest mineralization currently toward the northeast [8].
CanAlaska 2025 Summer Drill Program Assays Results Confirm Extension of Pike Zone Mineralization
TMX Newsfile· 2026-01-22 12:30
Core Insights - CanAlaska Uranium Ltd. has reported positive geochemical assay results from its 2025 summer drill program at the Pike Zone, indicating an expansion of the mineralized footprint to 500 meters in length [1][2] - The results show increasing uranium mineralization towards the southwest along the C10S trend, with significant intersections reported in drillholes WMA099 and WMA099-03 [1][2] Exploration Program Details - The 2025 summer drill program included 22 unconformity tests, with 11 containing uranium mineralization, confirming the potential for additional high-grade uranium pods [2][8] - The ongoing 2026 winter drill program aims to achieve 20 to 25 unconformity target intersections along the C10S corridor, focusing on further evaluation of uranium mineralization [9] Company Operations - CanAlaska holds an estimated 88.86% ownership in the West McArthur Project, which is a joint venture with Cameco Corporation, and is fully financed for the upcoming 2026 drill season [8][15] - The company is actively participating in industry events, including the Vancouver Resource Investment Conference and the Investor Icebreaker event [10]
Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan
Globenewswire· 2026-01-20 08:30
Core Viewpoint - Trident Resources Corp. has reported successful results from the final six diamond drill holes of its 2025 drill program at the Contact Lake Project, indicating substantial gold mineralization and the potential for significant depth expansion of the gold system [1][3][5]. Summary of Drilling Results - The final six drill holes intersected substantial gold mineralization within, above, and below the Bakos Shear Zone, demonstrating the depth potential of the orogenic gold system at Contact Lake [3][5]. - Hole CL25017 returned 5.73 g/t gold over 15.0m, including 9.35 g/t over 7.0m and 15.05 g/t over 2.0m [4]. - Hole CL25016 returned 2.62 g/t gold over 37.44m, including 5.70 g/t over 9.0m and 11.53 g/t over 2.3m [4]. - A winter 2026 drill program of approximately 10,000 metres in up to 40 drill holes has commenced [4]. Project Overview - The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced around 190,000 ounces of gold at an average head grade of 6.16 g/t Au from 1994 to 1998 [21]. - The project is located in the La Ronge Gold Belt of Saskatchewan, which is known for its gold potential [21]. - Trident Resources aims to explore and drill systematically to expand and discover additional high-grade gold zones [8][21]. Future Exploration Plans - The 2026 winter drill program will focus on extending recently discovered and historically identified gold zones along strike to the northeast in the BK3 Zone [8]. - The company believes that the gold system at Contact Lake has excellent potential to extend well below the limits of historical mining, where there has been minimal drill testing [6][21].
District Appoints Jeremy Veszi as Vice President Project Development and Retains Lifa Communications for Public Relations Services
TMX Newsfile· 2026-01-20 07:00
Core Viewpoint - District Metals Corp. has appointed Jeremy Veszi as the new Vice President of Project Development and has engaged Lifa Communications for strategic public relations support as it advances its uranium exploration and development activities in Sweden [1][5][6]. Group 1: Appointment of Jeremy Veszi - Jeremy Veszi brings 20 years of experience in managing complex mining and uranium projects, with a strong background in project governance and stakeholder engagement [2][3]. - He has previously held senior roles in significant uranium projects in Canada, including NexGen Energy and Cameco Corporation, where he managed large-scale projects in regulated environments [3][4]. Group 2: Role of Lifa Communications - Lifa Communications has been retained to enhance District's corporate profile and stakeholder engagement as the company progresses its uranium properties in Sweden [5][6]. - The partnership aims to build a positive social license around the mineral licenses being actively worked on, aligning communication strategies with the company's objectives [6][7]. Group 3: Company Overview and Strategic Goals - District Metals Corp. focuses on exploring and developing uranium and polymetallic properties, with its flagship Viken Property containing the largest undeveloped uranium resource globally [10]. - The company aims to create shareholder value through a disciplined, science-based approach and has been recognized as a top-performing issuer on the TSX Venture Exchange [9].
CanAlaska Plans Significant Exploration Programs on Multiple Projects Across 500,000 Hectare Portfolio
TMX Newsfile· 2026-01-15 12:30
Core Viewpoint - CanAlaska Uranium Ltd. is set to initiate winter drill programs in 2026 for its Key Extension and Nebula projects, focusing on high-priority exploration targets identified through recent airborne geophysical surveys [1][3][15] Exploration Plans - The company plans to start drill programs in Q1 2026 on the Key Extension and Nebula uranium projects, located 15 km and 30 km south of the Key Lake Mine and Mill [3][4] - A $15 million exploration program is also underway for the West McArthur Project, with the company fully funded for its exploration activities in 2026 [1][16] Target Areas - The Key Extension project has identified three priority target areas over ten kilometers of largely untested conductive corridor, with one area located up-ice from the historically reported radioactive Orchid Lake boulder field [8] - The Nebula project has two priority target areas, featuring over 13 km of untested target conductor corridor similar to Cameco's Eagle Point Mine [8] Geophysical Surveys - The company has conducted high-resolution helicopter-borne radiometrics and magnetics surveys over most of its land portfolio to identify and prioritize basement conductors and refine areas of interest for future drilling [4][10] - Ground-based electromagnetic surveys are planned for the Waterbury South and Cree East projects to generate targets for future drilling [10][11] Joint Ventures and Collaborations - The Moon Lake South project, a joint venture with Denison Mines Corp., will undergo a geophysical exploration program in 2026 to map untested conductive corridors [13] - The West McArthur project is a joint venture with Cameco Corporation, focusing on expanding high-grade uranium mineralization [16] Company Overview - CanAlaska Uranium Ltd. is a leading uranium explorer in the Athabasca Basin, with a portfolio of approximately 500,000 hectares and a focus on both basement and unconformity uranium deposit potential [21]
Cameco Corporation (CCO:CA) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript
Seeking Alpha· 2026-01-07 19:47
Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]
CanAlaska Plans Large 2026 Exploration Program at West McArthur Joint Venture
TMX Newsfile· 2026-01-06 12:30
Core Insights - CanAlaska Uranium Ltd. is initiating a $15 million exploration program in 2026 to further investigate the high-grade Pike Zone at the West McArthur Joint Venture project in the Athabasca Basin [1][11] - The program will be co-funded by Cameco Corporation and CanAlaska, with a focus on expanding the known mineralization footprint and exploring additional zones of uranium mineralization [1][11] Exploration Program Details - The 2026 exploration program will utilize three drill rigs to conduct step-out drilling from the Pike Zone, targeting areas to the southwest and northeast along the C10S trend [4][10] - The 2025 exploration program successfully expanded the high-grade footprint of the Pike Zone, with significant drill results including 8.6 meters at 34.59% U3O8 and 14.8 meters at 14.71% U3O8 [2][11] - The mineralized footprint of the Pike Zone has been traced over 500 meters, with a 140-meter-long high-grade pod identified [2] Target Areas and Potential - The C10S trend remains largely untested, with approximately 9 kilometers of untested target corridor to the southwest and 6 kilometers to the northeast, indicating significant potential for additional high-grade uranium discoveries [5][6][7] - A ground-based electromagnetic survey will be conducted to investigate the extension of the Epp Lake conductor onto the West McArthur Project, utilizing a modern survey design that previously led to the discovery of the Pike Zone [8] Company Overview - CanAlaska Uranium is a prominent explorer of uranium in the Athabasca Basin, holding approximately 500,000 hectares of uranium properties with a focus on high-grade uranium expansion [12] - The company is fully financed for the upcoming 2026 drill season and aims to advance uranium deposit discovery and delineation in a secure jurisdiction [12]
Greenridge Exploration Announces Winter 2026 Drilling Program at the Hook-Carter Uranium Project in the Athabasca Basin, Saskatchewan in Partnership with Denison Mines
Globenewswire· 2025-12-18 13:00
Core Viewpoint - Greenridge Exploration Inc. has announced plans for a winter drilling program in 2026 at the Hook-Carter Uranium Project, marking the first drilling since 2019, with Denison Mines Corp. as the operator [1][3]. Project Overview - The Hook-Carter Project is located in the Southwestern Athabasca Basin, Saskatchewan, covering 25,115 hectares, with Greenridge holding a 20% interest and Denison holding 80% [1][7]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, a significant area for uranium deposits [1][7]. Drilling Program Details - The 2026 drilling program will consist of up to eight diamond drill holes totaling approximately 4,600 meters, expected to be completed by the end of March 2026 [6]. - An exploration permit was received in December 2025, allowing for geophysical surveying and up to 40 drill holes, valid until December 31, 2027 [6]. Historical Context - The last drilling at Hook-Carter occurred in 2019, and since then, exploration momentum for high-grade uranium in the region has increased [3]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, including nearly 12,000 meters of diamond drilling [9]. Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [9]. - The joint venture was amended in May 2024, allowing ALX to increase its ownership to 25% by funding an additional $3.0 million in exploration by November 2026 [10]. Company Background - Greenridge Exploration Inc. is focused on mineral exploration, owning or having interests in 21 projects covering approximately 274,420 hectares, with significant exposure to uranium, lithium, nickel, copper, and gold [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 13 projects covering about 193,200 hectares [14].