Uranium Mineralization
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Strathmore to Begin 2025 Drilling Program Advancing New Uranium Mineralization at Agate
Newsfile· 2025-07-22 09:00
Core Insights - Strathmore Plus Uranium Corporation is set to commence its 2025 Exploration Plan for the Agate Project in early August, located in the Shirley Basin Uranium District of Wyoming, adjacent to significant projects by Cameco and UEC [1][2] Exploration and Discoveries - In 2024, Strathmore identified a new area of shallow mineralization, one mile south of the northern trend, with notable drill results including 14 feet of 0.046% eU3O8 and 15.5 feet of 0.051% eU3O8, which will be further explored in 2025 [2][4] - The company has completed 200 exploration holes, with over 90% encountering mineralization, defining approximately 3,700 feet of a mineralized trend in the lower sand unit [5][6] Drilling and Studies - Up to 150 drill sites are permitted, including five core holes to support groundwater studies, which will help assess the suitability of the host sands for future in-situ recovery operations [3][4] - The exploration drilling aims to expand mineralization and link two discrete areas identified in previous years, with data collection necessary for a mineral resource estimate and technical report expected in winter 2025/2026 [4][5] Property Overview - The Agate property consists of 100 wholly owned lode mining claims covering 2,076 acres, with uranium mineralization found in classic Wyoming-type roll fronts within the Eocene Wind River Formation [6][7] - Historically, 53 million pounds of uranium were mined in the Shirley Basin, and the property features shallow mineralization, making it potentially amenable to in-situ recovery [6][7]
Skyharbour Partner Company Terra Clean Energy Announces Immediate Follow-Up Summer Drill Program on the Back of Drill Results from Winter Program at South Falcon East Uranium Project
Globenewswire· 2025-07-21 12:00
Core Viewpoint - Skyharbour Resources Ltd. and its partner Terra Clean Energy Corp. have reported encouraging results from the Winter 2025 drill program at the South Falcon East Uranium Project, indicating potential for higher-grade uranium discoveries in the area [1][6][7]. Group 1: Drill Program Results - The Winter 2025 drill program included seven diamond drill holes totaling 1,927 meters at the Fraser Lakes B Uranium Deposit, with 682 samples submitted for geochemical analysis [2][3]. - Significant mineralization was found in several drill holes, with hole SF0065 returning 18.1 meters at 0.03% U3O8, including a subinterval of 0.12% U3O8 over 1.6 meters [3]. - The northernmost hole, SF0067, returned 3.87 meters at 0.05% U3O8, with the best sample showing 0.17% U3O8 over 0.5 meters, indicating strong mineralization potential [3][4]. Group 2: Comparison with Previous Results - Lab results from the Winter 2025 program typically showed wider intervals of mineralization with higher grades compared to previous downhole gamma logging results, with variations averaging between +5% to +30% higher [4][5]. Group 3: Upcoming Drill Program - Terra plans a follow-up drill program in Summer 2025, consisting of approximately 2,500 meters of drilling to further explore areas identified in the Winter program [8][10]. - The upcoming program will target a high-priority area where multiple geological indicators for higher-grade uranium mineralization intersect [9][11]. Group 4: Project Overview - The South Falcon East Project covers approximately 12,464 hectares and is located 18 kilometers outside the Athabasca Basin, hosting the Fraser Lakes B Uranium-Thorium Deposit with a historical inferred resource of 6.9 million pounds U₃O₈ at an average grade of 0.03% U₃O₈ [12][13].
Terra Clean Energy Corp. Drills 18 meters of 0.03% U3O8 at the South Falcon East Uranium Project
Thenewswire· 2025-07-21 11:30
Core Insights - Terra Clean Energy Corp. has announced the results of its Winter 2025 drill program and plans for a follow-up summer drill program at the South Falcon East Uranium Project, which includes the Fraser Lakes B Uranium Deposit [1][13]. Winter 2025 Drill Program Results - The Winter 2025 drill program involved seven diamond drill holes totaling 1,927 meters, with 682 samples submitted for geochemical analysis [3][4]. - Significant uranium mineralization was identified in several drill holes, particularly SF0065 and SF0067, with SF0065 returning 18.1 meters at 0.03% U3O8, including a sub-interval of 0.12% U3O8 over 1.6 meters [5][6]. - The results from the lab analysis typically showed wider intervals of mineralization with higher grades compared to previous downhole gamma logging results, with variations ranging from +5% to +30% [7]. Upcoming Summer 2025 Drill Program - The summer drill program is planned for mid-late summer 2025, consisting of approximately 2,500 meters of drilling to test areas identified in the Winter 2025 program [13][15]. - The program will target a location where multiple geological indicators for higher-grade uranium mineralization intersect, including brittle structures and mineralized pegmatites [14][16]. - The expected budget for the summer program is approximately $2.0 million CAD [15]. Project Background - The South Falcon East Project covers approximately 12,464 hectares and is located 18 kilometers outside the Athabasca Basin, approximately 50 kilometers east of the Key Lake Mine [19][21]. - The project contains the Fraser Lakes B Uranium Thorium Deposit, with a historic inferred mineral resource of 6.9 million pounds U3O8 at a grade of 0.03% U3O8 [20].
F3 - Increases Mineralized Strike Length of Tetra Zone System to 1.2km
Newsfile· 2025-07-21 09:00
Core Insights - F3 Uranium Corp has increased the mineralized strike length of the Tetra Zone System to 1.2 km following geochemical results from historic drill holes on the Broach property, which returned 423 ppm uranium over 0.5 m [1][2][3] Group 1: Geochemical Analysis - The re-logging of historic drill holes, including PAT-16-002, revealed intense clay alteration and silicification, indicating proximity to uranium mineralization [2][3] - Drill hole PAT-16-002, located 1.2 km southeast of the Tetra Zone, returned 423 ppm uranium over a 0.5 m interval, marking the highest uranium value recorded outside the JR and Tetra Zones [3][5] - The analysis of historic drill core samples has shown strong clay alteration and high uranium values, reinforcing the potential for an expansive mineralized system along the strike from Tetra [3] Group 2: Project Overview - The Patterson Lake North Project, which encompasses the Broach property, is strategically located near significant high-grade uranium deposits, positioning it as a key area for future uranium operations in northern Saskatchewan [10][12] - F3 Uranium Corp holds a 100% ownership of the 42,961-hectare Patterson Lake North Project, which includes the JR Zone and the newly discovered Tetra Zone [10][12]
Refined Energy Corp Files 43-101 Report, Drill Program Recommended
Globenewswire· 2025-06-30 12:00
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]
Skyharbour Partner Company Terra Clean Energy Plans Summer Drill Program at the South Falcon East Uranium Project
Globenewswire· 2025-04-29 12:30
Core Insights - Skyharbour Resources Ltd. announces a summer drill program at the South Falcon East Uranium Project, in partnership with Terra Clean Energy Corp. [1] - Terra will fund exploration expenditures of CAD $10,500,000 and pay Skyharbour CAD $11,100,000 in cash, with CAD $6,500,000 potentially settled in shares [1] Project Overview - The South Falcon East Project covers approximately 12,464 hectares and is located 18 km outside the Athabasca Basin, about 50 km east of the Key Lake Uranium Mill [9] - Historical exploration has identified an area of U-Th-REE mineralization at the Fraser Lakes Zone B, covering 1.5 km by 0.5 km [9] Upcoming Drilling Program - Terra plans to conduct approximately 2,500 metres of drilling in summer 2025, targeting a high-priority area for higher-grade uranium mineralization [2][3] - The drilling will focus on an area where key geological indicators for uranium deposits intersect, including graphitic metasediments and clay alteration [3] Financial Aspects - The budget for the summer drilling program is anticipated to be CAD $2,000,000 [5] - The total exploration expenditures from partner-funded agreements with Skyharbour exceed CAD $36 million, including over CAD $20 million in shares and CAD $14 million in cash payments [13] Industry Context - The Athabasca Basin is a leading uranium-producing region, accounting for approximately 20% of global uranium production [4] - The region has attracted significant investment due to its well-explored nature and the potential for high-grade uranium deposits [4]