Uranium Exploration

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Skyharbour Expands Uranium Exploration Portfolio to Over 616,000 Hectares Across Thirty-Seven Projects in the Athabasca Basin, Northern Saskatchewan
GlobeNewswire News Room· 2025-07-30 12:00
Core Insights - Skyharbour Resources Ltd. has acquired 21 new uranium exploration claims in northern Saskatchewan, increasing its total land position to 616,939 hectares across 37 projects [1][46] - The newly acquired claims will be integrated into the company's prospect generator business model, with plans to seek strategic partners for joint ventures [2][23] Summary of New Claims - **Haultain Project**: Comprises five claims totaling 6,607 hectares, located 46 km southwest of Cameco's Key Lake Operation, prospective for basement-hosted uranium mineralization [4] - **Bonville Project**: A single claim of 1,497 hectares located 60 km south of Cameco's Key Lake Operation, also prospective for uranium and copper mineralization [6][7] - **Bolt Extension Project**: Four claims totaling 1,127 hectares adjacent to the existing Bolt Project, with potential for uranium mineralization [9] - **South Preston Project**: One claim of 956 hectares located 30 km south of the Athabasca Basin, with limited exploration conducted [10] - **Tarku Project**: One claim of 3,233 hectares adjacent to the South Dufferin Project, known for high-grade uranium mineralization [11][12] - **Elevator Project**: Two re-staked claims totaling 8,012 hectares, located near Highway 914 [13][14] - **914 Project**: Three re-staked claims totaling 1,133 hectares, also near Highway 914 [13][14] - **Bennett Project**: Four claims totaling 11,815 hectares, with historical exploration indicating potential for uranium mineralization [17][18] - **Spence Project**: Five claims totaling 14,334 hectares, located 75 to 85 km south of Cameco's Rabbit Lake Operation, prospective for uranium [19][20] - **Yurchison Project**: Drill-ready project comprising two claims totaling 9,073 hectares, with historical exploration indicating uranium potential [21][22] Other Projects and Strategic Partnerships - The company continues to advance its prospect generator model, seeking partnerships to develop early-stage uranium projects [23] - Skyharbour has entered a marketing agreement with Outside the Box Capital to enhance awareness of its projects [44] - The company has joint ventures with Orano Canada Inc., Azincourt Energy, and others, with over $36 million in partner-funded exploration expenditures anticipated [47][48]
Premier American Uranium Reports Positive Drill Results from the Cyclone ISR Project, Wyoming
Globenewswire· 2025-07-29 11:00
TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. ("PUR", the "Company" or "Premier American Uranium") (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce positive drill results from the ongoing exploration drilling program on the Cyclone Rim target at the Company's wholly-owned Cyclone ISR Uranium Project ("Cyclone" or the "Project"), located in the Great Divide Basin of south-central Wyoming. The exploration program commenced on July 16, 2025, with the objective of further defining sa ...
Standard Uranium Announces Results of High-Resolution TDEM Survey at the Corvo Uranium Project, Northern Saskatchewan
Newsfile· 2025-07-23 11:30
Core Viewpoint - Standard Uranium Ltd. has announced positive results from a high-resolution airborne Time Domain Electromagnetic (TDEM) survey at its Corvo Uranium Project, confirming 29 kilometers of prospective conductor strike length and multiple radioactive occurrences at the surface [1][3]. Group 1: Survey Results - The TDEM survey confirmed and improved previously defined electromagnetic conductors, outlining 29 kilometers of prospective exploration strike length across the project [4][9]. - High-priority target areas have been identified based on overlapping historical geochemical surveys, sampling, and existing drill hole uranium intercepts [4]. - The survey was completed on schedule and on budget, successfully gathering high-resolution data to depth, which will aid in identifying exploration targets under glacial cover [7]. Group 2: Future Plans - The company is planning a diamond drill program for Q1 2026 to test targets developed from the recent exploration and geophysical programs [4]. - Further digital processing and modeling of the TDEM survey results are underway to prioritize target areas for the inaugural drilling [4][10]. - A high-resolution ground gravity survey is also planned to refine drill targets and identify potential hydrothermal alteration halos related to uranium mineralization [10]. Group 3: Project Background - The Corvo Project spans 12,265 hectares and is located in Northern Saskatchewan, under a three-year earn-in option agreement with Aventis Energy Inc. [1]. - The project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical sample results showing up to 59,800 ppm U at surface [12]. - The project is strategically located near significant uranium mining areas, including Atha Energy's Gemini Mineralized Zone and Cameco's McArthur River mine [8].
IsoEnergy and Purepoint Extend High-Grade Mineralization at the Dorado JV with a 70 Metre Step-Out Peaking at 110,800 CPS
Prnewswire· 2025-07-23 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. report strong drilling results from their Dorado joint venture project in Saskatchewan's Athabasca Basin, particularly from the recent drill hole PG25-07A, which shows significant mineralization with an average of 11,100 counts per second (CPS) over 14.0 meters, including a peak of 110,800 CPS [1][4][5] Drilling Results - The PG25-07A drill hole extended the Nova Discovery zone by 70 meters northeast and provided the strongest intercept to date in terms of intensity and thickness based on radioactivity [4][5] - The mineralized structure at the Q48 target area is characterized as a steeply dipping, uranium-bearing structure within basement rocks, indicating the potential scale and strength of the system [2][4] - All assays from the current drilling program are pending and will be disclosed once available [2] Project Overview - The Dorado project encompasses over 98,000 hectares of prime uranium exploration ground, including former properties known for favorable conditions for uranium deposition [16] - The Q48 target area has been identified as highly prospective but underexplored, with previous drilling revealing altered and disrupted rocks at the unconformity [12][13] - The Turaco target area, located approximately 8 km northeast of Q48, is characterized by high conductivity and will see drilling commence based on recent geophysical surveys [15] Future Plans - Follow-up drilling at the Q48 target is expected to resume in winter when ground conditions improve, allowing for more efficient access [5][4] - The joint venture partners have approved a 5,400-meter drill program for 2025, which includes up to four holes at the Turaco target [5]
Vanguard Mining Site Visit and Core Review Preparation Underway at Yuty Prometeo Project, Paraguay
Thenewswire· 2025-07-22 07:05
Company Overview - Vanguard Mining Corp. is preparing for site visits by its technical team for core review and analysis in anticipation of a maiden NI 43-101 Technical Report on the Yuty Prometeo Uranium Project in Paraguay [1][3] - The Yuty Prometeo Project consists of four concessions covering approximately 90,000 hectares (222,395 acres) in the uranium-rich Paraná Basin [2][4] Industry Context - Uranium prices have increased by approximately 33% over the past six months, with the current spot price at US$78.50 per pound, indicating renewed momentum in the sector driven by global demand for clean energy [2][3] - The Paraná Basin is known for its uranium deposits, including the adjacent Uranium Energy Corp.'s Yuty Deposit, which has an indicated resource of 8.96 million pounds of U₃O₈ [2][14] Project Details - The Yuty Prometeo Project is strategically located adjacent to a defined multi-million-pound uranium deposit, benefiting from strong geological fundamentals and excellent infrastructure access [3][4] - Historical records indicate uranium values ranging from 0.05% to 0.10% U₃O₈ from 28 drill holes on the Prometeo Concession, although these results are considered historical and have not been verified [6][14] Exploration and Development Plans - The technical team's initial site visit will include core logging, sampling, and preliminary analysis to validate historical data and support NI 43-101 reporting [3][9] - The company aims to apply modern exploration techniques to unlock the potential of the Yuty Prometeo Project, which is viewed as a significant uranium asset in South America [4][15] Financial Activities - Vanguard Mining Corp. plans to conduct a non-brokered private placement of up to 12,830,000 units at a price of $0.15 per unit, aiming for gross proceeds of up to $1,924,500 [16][21] - The proceeds from the offering will be used for exploration programs on its mineral properties and general working capital [21][22]
Stallion Uranium Refines Coyote Target with Highly Conductive Anomalies from Ground EM Survey
Globenewswire· 2025-07-21 11:30
Core Insights - Stallion Uranium Corp. has announced positive results from a Stepwise Moving Loop, Time Domain Electromagnetic (SWML-TDEM) survey over the Coyote Target within its Moonlite Project, indicating strong potential for uranium discovery [1][2]. Survey Results - The survey confirmed the presence of strong basement conductors beneath the Athabasca Basin sandstone, with characteristics consistent with major uranium discoveries [2]. - Three distinct basement conductors were identified, with two high-priority anomalies showing strong conductance levels exceeding 10 S, comparable to those at significant uranium discoveries [6][8]. - The conductors are located within a gravity low, interpreted as potential zones of uranium alteration, which are critical for uranium mineralization [8]. Key Conductors Identified - **Coyote_14.25S**: Conductance of 14.25 S, excellent geometry, depth of 425 m, and classified as a high-priority target [4]. - **Coyote_10.7S**: Conductance of 10.7 S, good geometry, depth of 425 m, also a high-priority target [4]. - **Coyote_6.7S**: Conductance of 6.7 S, moderate quality, depth of 425 m, classified as a moderate priority [4]. Next Steps - Based on the compelling geophysical results, the company plans to integrate these findings with ongoing geological and historical data reviews to prioritize drill targets for a planned drill program at Coyote in winter 2026 [11]. - The Moonlite Project is fully permitted for drilling, allowing for immediate advancement in exploration efforts [11][20]. Technology Utilized - The SWML-TDEM survey employed advanced technology designed for high-resolution imaging of basement-hosted uranium targets, achieving exceptional signal clarity and depth detection of up to 1,000 meters [6][12]. - The survey utilized Abitibi Geophysics' proprietary ARMIT-TDEM sensor and SMARTem24 receiver, enhancing the detection and resolution of subsurface conductors [6][12]. Company Overview - Stallion Uranium is focused on exploring approximately 1,700 square kilometers in the Athabasca Basin, which is known for hosting the largest high-grade uranium deposits globally [20]. - The company, in partnership with Atha Energy, holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [20].
Denison Announces Additional High-Grade Uranium Mineralization Discovered at McClean South
Prnewswire· 2025-07-21 10:30
Core Viewpoint - Denison Mines Corp. has announced significant new intercepts of high-grade uranium mineralization at the McClean South zone, part of the McClean Lake Joint Venture, indicating potential for economic development in the area [1][3][12]. Exploration Results - A total of 14 out of 24 completed drill holes encountered significant uranium mineralization, confirming and expanding the mineralized footprint of the 8C and 8W pods [2][4]. - The exploration program aimed to expand the existing footprint of high-grade mineralization, with uranium mineralization greater than 0.05% eU (0.06% eU3O8) intersected in 14 of the 24 drill holes [4]. Notable Drill Results - Drill hole MCS-77 intersected 7.51% eU3O8 over 5.4 meters, including 10.88% eU3O8 over 3.7 meters [6]. - Drill hole MCS-80 intersected 3.5% eU3O8 over 11.2 meters, including 5.81% eU3O8 over 6.5 meters [6]. - Drill hole MCS-84 intersected 1.72% eU3O8 over 20.6 meters, including 4.43% eU3O8 over 4.0 meters [6]. Project Context - The McClean South zone is located approximately 600 meters south of the McClean North deposit, which has recently commenced commercial mining using the SABRE mining method [2][12]. - Denison holds a 22.5% ownership interest in the McClean Lake Joint Venture, which includes one of the world's largest uranium processing facilities with a licensed annual production capacity of 24 million pounds U3O8 [12][15]. Future Potential - The successful exploration results at McClean South may position it as a new economic source of future feed to the McClean Lake mill, especially with advancements in the In-Situ Recovery (ISR) mining method [3][12].
Geochemical Assays Return Uranium Grades Up To 85.4% U3O8 at CanAlaska's Pike Zone
Newsfile· 2025-07-17 09:30
Core Insights - CanAlaska Uranium Ltd. reported high-grade uranium assay results from its Pike Zone at the West McArthur project, with grades reaching up to 85.4% U3O8 [1][2][19] - The winter 2025 drill program significantly expanded the high-grade footprint of the Pike Zone, confirming multiple high-grade intervals [1][4][19] Drill Results - Drillhole WMA079-01 intersected 8.6 metres at 34.59% U3O8, including 5.5 metres at 53.90% U3O8 [1][4] - Drillhole WMA076-01 intersected 14.8 metres at 14.71% U3O8, including 5.4 metres at 39.67% U3O8 [1][4] - The winter program included 29 unconformity tests, with 22 containing uranium mineralization, indicating a strike length of approximately 250 metres [4][19] Expansion and Future Plans - The company is currently conducting a summer drill program aimed at achieving an estimated 15 to 20 additional unconformity target intersections [16][19] - The unconformity target area remains untested for approximately 1,000 metres to the west and 600 metres to the east of the Pike Zone [16][19] Market Context - The uranium market fundamentals are described as strong, with ongoing reserve depletion at current tier-1 producing assets, highlighting the importance of new high-grade discoveries like Pike Zone [5][19] - CanAlaska is focused on Tier 1 uranium deposit discovery and delineation in a secure jurisdiction, with a significant portfolio in the Athabasca Basin [23]
Skyharbour’s Partner Company Mustang Energy Receives Exploration Permit for 914W Uranium Project Located in the Athabasca Basin, Saskatchewan
Globenewswire· 2025-07-03 12:00
Core Viewpoint - Skyharbour Resources Ltd. has announced that its partner Mustang Energy Corp. has received exploration permits for the 914W Uranium Project in Saskatchewan, allowing for ground-based exploration activities [1][3]. Group 1: Project Details - The 914W Project consists of one claim covering 1,260 hectares located approximately 48 km southwest of Cameco's Key Lake Operation, with excellent access provided by Highway 914 [5]. - Mustang Energy can acquire a 75% interest in the Project by issuing common shares valued at CAD $480,000, making cash payments of $275,000 to Skyharbour, and incurring $800,000 in exploration expenditures over three years [1]. - The approved permits include various authorizations for mineral exploration activities, valid until April 30, 2028 [3]. Group 2: Exploration History - Historical exploration on the 914W property has been limited, with initial work conducted between 1968 and 1970, including airborne EM and magnetic surveys [6]. - Significant uranium mineralization has been encountered in nearby areas, with drill hole ML-1 reporting up to 1,288 ppm U and surface prospecting revealing up to 0.64% U3O8 [6]. - The project remains underexplored and is considered prospective for both unconformity-related and pegmatite-hosted uranium and rare earth elements (REEs) [6]. Group 3: Company Overview - Skyharbour holds a diverse portfolio of uranium exploration projects in Canada's Athabasca Basin, covering over 614,000 hectares [8]. - The company has established partnerships with various industry leaders and has signed earn-in option agreements totaling over $36 million in partner-funded exploration expenditures [10]. - Skyharbour aims to maximize shareholder value through new mineral discoveries and the advancement of exploration projects in favorable jurisdictions [11].
Vanguard Mining Initiates Site Visit and Core Review for NI 43-101 Report on Yuty Prometeo Uranium Project Adjacent to UEC's 8.96M lbs Resource
Thenewswire· 2025-06-12 13:20
Core Viewpoint - Vanguard Mining Corp. is advancing its uranium exploration portfolio with the acquisition of the Yuty Prometeo Project in Paraguay, which is strategically located adjacent to UEC's Yuty Project that has a defined uranium resource of 8.96 million pounds [3][4]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is committed to responsible exploration and value creation [23]. Project Details - The Yuty Prometeo Project consists of four concessions covering approximately 90,000 hectares (222,395 acres) in the uranium-rich Paraná Basin of southeastern Paraguay [9]. - The Prometeo Concession spans about 27,666 hectares (68,368 acres) and has historical uranium values ranging from 0.05% to 0.10% U₃O₈ based on previous exploration [10]. - The San Jose Concessions cover approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies through radiometric surveys [12]. Technical Report and Exploration - The company is preparing an initial NI 43-101 Technical Report, which will include data compilation, field inspections, and a review of previous exploration work [2][4]. - Ariel Testi, the senior geologist, brings 22 years of experience in the mining industry and has previously contributed to significant uranium discoveries [5][7]. Strategic Importance - The acquisition of the Yuty Prometeo Project is seen as a significant strategic advancement for Vanguard, providing compelling exploration upside within a proven uranium district [4]. - The project is positioned within a geopolitically stable and investor-friendly environment in Paraguay, which is recognized for its untapped mineral potential [22].