Uranium Exploration
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Geiger to Begin Hook Drill Program Targeting Radioactive Alteration Systems in February
Newsfile· 2025-12-01 11:00
Core Insights - Geiger Energy Corporation plans to initiate a drilling program at its Hook project in February 2026, targeting two areas with elevated radioactivity, TT and TAB, which were identified in 2024 [2][3][8] Project Overview - The Hook project is located in the Athabasca Basin of northern Saskatchewan and is considered fertile for additional mineralized systems, particularly in the TT and TAB areas [3][7] - The TT area is approximately 5.5 km southwest of the ACKIO discovery, with drill intersections showing clay alteration ranging from 30 to 145 meters in thickness across five drill holes [6][8] - The TAB area, located about 6 km northeast of ACKIO, has shown strong fracturing and hydrothermal alteration between 130 and 230 meters in thickness in two drill holes [6][8] Drilling Program Details - The drilling program will consist of three to five planned drill holes at both TT and TAB to test below the alteration envelopes and target potential mineralization sources [5][6] - The TT target will focus on a structural corridor similar to the ACKIO discovery, while the TAB target will investigate a broad gravity anomaly supported by anomalous lake sediment results [5][6] Geological Context - The alteration systems at TT and TAB share similarities with major uranium deposit corridors in the Athabasca Basin, indicating potential for significant mineralization [7][8] - The presence of clay alteration and elevated radioactivity suggests the possibility of additional uranium mineralization discoveries in the project area [7][8] Company Background - Geiger Energy holds approximately 390,000 hectares of exploration ground in the Athabasca Basin and an additional 95,519 hectares in Nunavut's Thelon Basin, focusing on high-grade uranium deposits [9][10]
Standard Uranium Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
Newsfile· 2025-11-27 12:30
Core Insights - Standard Uranium Ltd. has received exploration permits for the Corvo Uranium Project and plans to initiate a ground gravity survey and drilling program in early 2026 [1][3]. Exploration and Survey Details - The company has contracted MWH Geo-Surveys to conduct a 50 m x 200 m ground gravity survey over 29 km, which will help identify density anomalies related to uranium mineralization [2]. - The gravity survey will consist of over 5,000 individual gravity measurement stations and is expected to refine target areas for drilling [2][4]. - A diamond drill program totaling approximately 3,000 meters is planned for winter 2026, marking the first drilling activity on the project in over 40 years [3]. Historical Findings and Assays - Previous outcrop grab samples from the Manhattan Showing returned uranium assays as high as 8.10% U3O8, indicating significant mineralization potential [3][7]. - The company identified zones of off-scale radioactivity and developed new drill targets based on previously undocumented radioactive occurrences [7]. Project Location and Potential - The Corvo Project is strategically located 60 km east of Cameco's McArthur River mine and 45 km northeast of Atha Energy's Gemini Mineralized Zone, suggesting a favorable geological setting for uranium exploration [8][9]. - The project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, similar to other successful deposits in the region [9]. Technical and Analytical Methods - Ongoing geophysical interpretation and modeling are being conducted to integrate historical and new data, which will aid in identifying high-priority drill targets [6]. - Samples collected for analysis are being processed at SRC Geoanalytical Laboratories, ensuring quality control and reliable results [11].
CanAlaska Announces Results from Geophysical Program on West McArthur Project
Newsfile· 2025-11-25 12:30
Core Insights - CanAlaska Uranium Ltd. has reported significant results from its 2025 geophysical survey on the West McArthur Joint Venture project, extending the C10S conductive corridor to 16 kilometers and identifying new geophysical targets [2][3][5] Exploration Results - The ground-based electromagnetic survey successfully delineated multiple conductor plates along the C10S conductive trend, enhancing drillhole targeting accuracy [5][7] - The survey results indicate a potential for additional high-grade uranium mineralization along the C10S corridor, particularly in areas that have not been extensively drilled [10][11] Project Development - CanAlaska is fully funding the 2026 exploration program with a budget of $15 million, representing a 20% increase over the previous year [11] - The 2026 drill program is set to commence in early January 2026, with three drill rigs contracted for the winter portion of the program [11] Company Overview - CanAlaska Uranium is a leading explorer in the Athabasca Basin, holding approximately 500,000 hectares of uranium properties with a focus on high-grade uranium expansion [17][18] - The company has a strong track record of discovery and is strategically positioned next to critical mine and mill infrastructure [18]
Bayridge Resources Signs Definitive Agreement on Baker Lake Uranium Project in Nunavut
Newsfile· 2025-11-24 08:15
Core Insights - Bayridge Resources Corp. has signed a Definitive Agreement to acquire a 51% interest in the Baker Lake Uranium Project located in Nunavut, Canada [1][15]. Project Overview - The Baker Lake Uranium Project is an advanced uranium project situated in the Kivalliq Region of Nunavut, within the same Paleoproterozoic uranium district as ATHA's Angilak and Orano's Kiggavik deposits [2]. - The project encompasses 83 contiguous claims covering an area of 619 km², located 60 km south of Baker Lake [5]. - The project has undergone approximately 5,500 meters of modern drilling, 23.5 km² of detailed surface grids, and 7,851 line-km of airborne geophysics, representing over $7 million in exploration value at 2025 cost equivalencies [4][5]. Geological and Exploration Highlights - The uranium at Baker Lake is hosted within Kazan Formation sandstones, with geological features comparable to other significant uranium deposits [6]. - Historical drilling has identified multiple significant uranium intercepts, including 17.3 meters of 0.30% U₃O₈ and 10.0 meters of 0.35% U₃O₈ [11]. - A 2008 TEMPEST® survey defined 30 high-priority uranium targets, with many remaining untested [7]. Acquisition Terms - The acquisition involves a binding Share Purchase Agreement to acquire 51% of the issued capital of 1461433 B.C. Ltd, which owns 100% of the Baker Lake Uranium Project [15]. - As part of the acquisition, the company will issue 5,600,000 common shares at a deemed price of $0.25 per share, totaling $1.4 million [15]. - The company will enter into a joint venture agreement with Privco, which will have a free carried interest until the completion of a Pre-Feasibility Study [15][16]. Regulatory and Approval Process - The completion of the transaction is subject to customary conditions, including regulatory approvals from the Canadian Securities Exchange (CSE) [16][17].
Azincourt Energy Advances Drill Program at Snegamook Uranium Deposit and Greater Harrier Uranium Project
Newsfile· 2025-11-19 08:05
Core Viewpoint - Azincourt Energy is advancing its diamond drilling program at the Snegamook Uranium Deposit and the broader Harrier Project, which is located in the Central Mineral Belt of Newfoundland & Labrador, Canada, aiming to confirm and expand uranium resources in the area [2][6][12]. Company Overview - Azincourt Energy Corp. specializes in the acquisition, exploration, and development of alternative energy projects, including uranium and lithium [23]. - The company is currently active in multiple uranium projects, including the East Preston project in Saskatchewan and the Harrier and Snegamook projects in Labrador [23]. Harrier Project Details - The Harrier Project spans 49,400 hectares and includes the Snegamook Uranium Deposit, strategically located near other significant uranium deposits such as Atha Energy's Moran Lake and Anna Lake deposits, and Paladin Energy's Michelin deposit [3][19]. - The project features over a dozen known uranium mineralization zones, with surface rock samples showing grades up to 7.48% U₃O₈, indicating high-grade potential [4][6]. Drilling Program - A 2,000-meter diamond drilling program is planned to confirm and expand the Snegamook Uranium Deposit, where historical drilling has shown significant mineralization, including 0.974% U₃O₈ over 0.5 meters [6][10]. - The drilling program is expected to commence after the snow melts, targeting both the Snegamook Deposit and the Boiteau Lake area [9][12]. Historical Context - Historical drilling at the Snegamook Deposit has identified a 20 to 50-meter wide section of uranium-bearing rock, with previous estimates indicating a resource of 5.55 million pounds of U₃O₈ [10][11]. - The Central Mineral Belt is recognized as one of Canada's most underexplored yet promising uranium regions, with significant discoveries made in the past [18][21]. Future Plans - The company aims to prepare an updated NI 43-101 compliant resource estimate for the Snegamook Deposit as part of its upcoming drilling activities [6][11]. - Azincourt Energy plans to validate historical results and expand the known resources on the property to unlock its full potential [12][13].
Foremost Clean Energy Successfully Completes 2,695 m Drill Program at its Murphy Lake South Uranium Property
Globenewswire· 2025-11-17 14:00
Core Insights - Foremost Clean Energy Ltd. has successfully completed a seven-hole, 2,695 meters diamond drill program at the Murphy Lake South Uranium Property, marking the first drilling since 2017 [1][3] - The drilling program aimed to follow up on high-priority targets identified by Denison Mines Corp., utilizing both historical data and new geological insights from a 3D velocity model [1][4] - Preliminary results indicate strong hydrothermal alteration and elevated radioactivity, suggesting the presence of uranium-bearing fluids, which are critical indicators for potential uranium mineralization [3][5] Program Highlights - The drilling confirmed a robust alteration and structural system, indicating the presence of uranium-bearing fluids, consistent with geological features associated with significant uranium deposits [4][5] - Broad zones of hydrothermal alteration were intersected, extending approximately 600 meters, with multiple zones of elevated radioactivity recorded [5][6] - The sandstone-basement contact was found at relatively shallow depths (200–350 meters), which may facilitate cost-effective follow-up drilling [5][6] Drilling Results - The 2025 drill program focused on areas surrounding historical intersections of uranium, confirming a 400-meter mineralized corridor characterized by strong hydrothermal alteration [6][12] - Elevated radioactivity was encountered in several drill holes, with measurements 2-3 times above background levels, indicating active uranium-bearing systems [6][12] - Each drill hole exhibited features typical of uranium mineralization, reinforcing the interpretation of an active uranium-bearing system at Murphy [12][16] Next Steps - Core samples from the drilling program have been submitted for assay analysis, with results expected in the coming weeks [16] - The company plans to integrate assay data into a comprehensive geological model to advance exploration efforts at Murphy [16][17] - A live webinar is scheduled to discuss the company's strategy and exploration momentum, highlighting the technical foundations of its uranium and lithium/gold portfolios [17][18] Company Overview - Foremost Clean Energy Ltd. is a growing North American uranium and lithium exploration company, holding options on 10 prospective uranium properties in the Athabasca Basin [24][25] - The company aims to make significant discoveries through systematic exploration programs, leveraging its collaboration with Denison Mines [25][26] - As demand for carbon-free energy increases, the company positions itself to benefit from the growth in domestically mined uranium and lithium [25][26]
Skyharbour Consolidates 100% Interest in the Russell Lake Uranium Project
Globenewswire· 2025-11-17 04:00
Vancouver, BC, Nov. 16, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has entered into a definitive and binding purchase agreement (the “Purchase Agreement”) with Rio Tinto Exploration Canada Inc. (“RTEC”) to increase and consolidate its ownership interest in the Russell Lake Uranium Project (“Russell Lake” or the “Project”) through the acquisition of RTEC’s minority interest in the Project (the ...
Purepoint Completes First Pass Drilling at Tabbernor Project
Newsfile· 2025-11-12 11:30
Core Insights - Purepoint Uranium Group Inc. has completed its inaugural drill program at the Tabbernor Project, which is located in Saskatchewan's Athabasca Basin, consisting of five diamond drill holes targeting a 60-kilometre-long corridor of graphitic conductors [1][2][4] Group 1: Drill Program Results - The drill program provided significant geological insights, with every hole intersecting graphite and revealing structural and alteration features typically associated with uranium mineralization [2][3] - A total of 1,741 metres of diamond drilling was completed across five holes, with all holes intersecting graphite, validating recent airborne electromagnetic signatures [7] - Four out of five holes encountered zones of structural disruption, including shearing, brecciation, and silicification [7] Group 2: Project Overview - The Tabbernor Project spans over 50,000 hectares and is strategically positioned along the northern extension of the Tabbernor Fault System, which aligns with numerous uranium occurrences in the region [4][10] - The project is located approximately 40 kilometres south of Cameco's Eagle Point deposit and consists of 23 contiguous mineral claims [11] - Purepoint's focus is on the 60-kilometre graphitic corridor, particularly areas with gravity low responses and structural complexity [12] Group 3: Future Plans - Purepoint plans to incorporate the results from the drill program into ongoing regional interpretation work to prioritize follow-up targets for more detailed evaluation [5] - The company aims to refine its understanding of the underlying geology and evaluate zones of structural complexity for future drilling [3][5] Group 4: Company Background - Purepoint Uranium Group Inc. is a focused explorer with a portfolio of advanced projects in the Athabasca Basin, actively collaborating with industry leaders such as Cameco Corporation and Orano Canada Inc. [17][18] - The company also holds a promising VMS project adjacent to Foran Corporation's McIlvenna Bay project, enhancing its exploration potential [18]
F3 Hits 2.30m >10,000 cps Within 29.5m Radioactivity - 15m Step-Out at Tetra
Newsfile· 2025-11-10 10:00
Core Insights - F3 Uranium Corp has reported initial scintillometer results from its drilling program at the Tetra Zone on the Broach Property, highlighting a significant radioactive intercept in drill hole PLN25-219A, which intersected mineralization over 29.5 meters, with 27.5 meters being continuous and including a peak of 30,500 counts per second (cps) [1][2][5] Drilling Program Details - The fall 2025 drill program aims to confirm the orientation of the shears hosting the Tetra Zone, with initial results indicating a northwest plunge direction for uranium mineralization [2] - PLN25-219A successfully intercepted 15 meters down-plunge from PLN25-217, marking the strongest radioactivity recorded at Tetra to date [2] - PLN25-218 faced excessive dip and azimuth deviation, resulting in no intersection with the target zone [2] Scintillometer Results - The handheld spectrometer results from PLN25-219A show multiple intervals of high radioactivity, including: - 0.75 meters of mineralization with a peak of 30,500 cps between 398.50m and 399.25m - 0.35 meters with a peak of 22,800 cps between 397.15m and 397.50m - 0.60 meters with a peak of 14,500 cps between 406.70m and 407.30m [5][6] Project Overview - The Patterson Lake North Project, covering 42,961 hectares, is strategically located near high-grade uranium deposits, including Paladin's Triple R and NexGen Energy's Arrow deposits [18][22] - The project includes the Broach Property, which hosts the Tetra Zone, located 13 kilometers south of the JR Zone [18][22]
Mustang Energy Corp. Announces Results of TDEM Survey Over the 914W Property
Globenewswire· 2025-11-05 23:27
Core Insights - Mustang Energy Corp. announced the results of a high-resolution HTDEM survey at the 914W Uranium Project, covering 136 line-kms, which identified a well-developed conductive zone favorable for uranium mineralization [1][2][3] Survey Details - The Xcite™ helicopter-borne Time Domain Electromagnetic (TDEM) survey was conducted by Axiom Exploration Group Ltd., collecting electromagnetic, magnetic, and radiometric data to map variations related to uranium-bearing structures [2] - Early-time channels indicated strong EM responses along the east-central portion of the 914W block, suggesting shallow conductive zones near the surface [3] - Inversion modeling from 50 m to 350 m depth showed consistent conductive features, with a strong conductive zone trending east-northeast across the property [4] Soil Sampling Results - A soil sampling program in May 2025 collected 25 rock samples and 142 soil samples, focusing on areas with no outcrop exposure [6] - Although no significant discoveries were made, five soil samples from the southern portion exceeded 4 ppm U, indicating slightly elevated uranium values [8] - Anomalous uranium values were identified in the northeastern portion, including a granitic gneiss sample that returned 42.3 ppm U [9] Project Overview - The 914W Uranium Project consists of two claims covering 2,440 hectares, located approximately 48 km southwest of Cameco's Key Lake Operation, with favorable logistics via Highway 914 [11] - The project is situated over favorable geology, with local graphite-bearing assemblages, and remains largely underexplored despite historical surveys [13] - Mustang Energy holds an option agreement to acquire a 75% interest in the Project from Skyharbour Resources Ltd. [14]