Uranium Exploration
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GAMMA RESOURCES Announces increase in private placement to $1,300,000
Thenewswire· 2025-09-30 21:00
Group 1 - GAMMA Resources Ltd has increased its non-brokered private placement from gross proceeds of up to $1,000,000 to $1,300,000 [1][2] - The first tranche of the private placement closed on September 5, 2025, raising gross proceeds of $651,060 [1] - A second tranche is anticipated to close on or before October 7, 2025, pending acceptance by the TSX Venture Exchange [1] Group 2 - The private placement will consist of up to 11,000,000 units priced at $0.12 per unit, each unit comprising one common share and one warrant [2] - Each warrant allows the holder to acquire an additional common share at an exercise price of $0.18 for 36 months following the closing date [2] Group 3 - The financing will support GAMMA's investments in uranium properties in Utah and New Mexico and advance its proprietary rare-earth element extraction process licensed to ACDC Metals Ltd in Australia [3] - All securities issued will be subject to a four-month hold period and are not registered under U.S. securities laws [3] Group 4 - GAMMA Resources Ltd focuses on uranium exploration and development in the U.S., with key projects including the Green River Project in Utah and the Mesa Arc Project in New Mexico [5] - The company aims to benefit from favorable policy and market conditions in the U.S. nuclear landscape, providing responsibly sourced uranium supply [5]
Standard Uranium Executes Definitive Agreement to Option Rocas Uranium Project and Initiates Inaugural Exploration Program
Newsfile· 2025-09-29 12:00
Core Insights - Standard Uranium Ltd. has signed a definitive property option agreement with Collective Metals Inc. for a 75% interest in the Rocas Uranium Project, which spans 4,002 hectares in the eastern Athabasca Basin [1][3][6] Project Highlights - The Rocas Project features over 7.5 kilometers of exploration strike length along a magnetic low trend, with shallow drill targets identified south of Key Lake [5][7] - Historical mineralized outcrop grab samples along approximately 900 meters of strike length have been recorded, grading up to 0.5 wt.% U3O8, with no prior drilling conducted [5][7] - A high-resolution ground gravity survey completed in 2024 has highlighted potential alteration halos and high-priority exploration targets [5][11] Exploration Plans - The technical team will mobilize to the Rocas Project on September 30, 2025, to conduct detailed mapping, prospecting, and sampling to validate historical uranium occurrences [10][12] - Collected samples will be analyzed at the Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon [10] - Ongoing geophysical interpretation and modeling throughout 2025 will integrate historical results with new datasets to identify high-priority drill targets [12] Financial Terms of the Option Agreement - The Optionee must complete cash payments, share issuances, and exploration expenditures over three years, totaling $250,000 in payments, $700,000 in shares, and $4,500,000 in exploration expenditures [16][19] - Upon successful completion of the obligations, the Optionee will acquire a 75% equity interest in the property, while Standard Uranium retains a 25% interest and a 2.5% net smelter returns royalty [19]
Blue Sky Uranium Launches Exploration Program after Completing Ivana Deposit Infill Drilling Program and Advances towards Prefeasibility Study at Amarillo Grande Project, Argentina
Prnewswire· 2025-09-29 11:00
Core Insights - Blue Sky Uranium Corp. has initiated an exploration program in partnership with Ivana Minerales S.A. to target areas surrounding the Ivana deposit, which is part of the Amarillo Grande Project [1][3] - The company has completed an infill drilling program at the Ivana Deposit, totaling 4,959 meters across 328 holes, contributing to a pre-feasibility study [2][9] - A comprehensive Gap Analysis has been initiated to transition the Ivana Project from exploration to development stage, identifying necessary studies and permitting requirements [3][12] Exploration Program - The exploration program commenced with a 5 line-kilometre pole-dipole electrical tomography survey at the Ivana Gap target to identify potential drill targets [4][6] - The survey aims to delineate a mineralization corridor that is over 2.4 km long and 1 km wide, with previous drilling indicating significant mineral presence [4][5] Infill Drilling Program - The infill drilling program has increased the total drilling at the Ivana Deposit to 15,839 meters across 1,166 holes, enhancing geological understanding and resource categorization [2][9] - The drilling included grid drilling within mineralized areas and targeted high-grade uranium zones previously restricted by poor soil conditions [8][10] Gap Analysis - The Gap Analysis will assess various aspects including metallurgy, mine design, process engineering, and environmental considerations, led by M3 Engineering and Technology Corporation [11][12] - This analysis is expected to provide a structured roadmap for advancing the Ivana Project into pre-feasibility, identifying critical path activities and project risks [12] Company Overview - Blue Sky Uranium Corp. aims to advance its uranium deposits into low-cost producers while maintaining environmental and community standards [15] - The Amarillo Grande Project is positioned to be a significant supplier of uranium to both domestic and international markets [15][14]
F4 Identifies New Conductive Trends at Wales Lake
Newsfile· 2025-09-22 08:30
Core Viewpoint - F4 Uranium Corp. has identified three new conductive trends at the Wales Lake West Property following a comprehensive airborne VTEM survey, indicating significant exploration potential in the region [1][5]. Group 1: Project Overview - The Wales Lake Project spans 40,113 hectares and includes both Wales Lake East and Wales Lake West properties, which are 100% owned and drill-ready with strong conductor targets [5]. - The project is located in the western Athabasca Basin, approximately 20 km southwest of Paladin's Triple R uranium deposit and 28 km southwest of Nexgen Energy's Arrow deposit, highlighting its strategic position near significant uranium discoveries [1][5]. - The area has been significantly underexplored, with only two historic drill holes, suggesting substantial potential for new discoveries [5]. Group 2: Exploration Strategy - The company plans to utilize the complete airborne VTEM coverage to select areas of enhanced conductivity for further exploration, including ground truthing and drill testing [2]. - Previous drilling efforts during the summer program intersected graphitic structures, and the company aims to replicate this success in the southern portion of the Wales West Property [2]. Group 3: Industry Context - The Wales Lake Project is situated near several recent uranium discoveries, including F3 Uranium's JR and Tetra Zones, and Paladin Energy's Saloon area, which underscores the area's potential for further uranium exploration [5][9]. - F4 Uranium Corp. is part of a lineage of successful uranium exploration in the Athabasca Basin, with a portfolio of 17 wholly owned properties totaling approximately 157,000 hectares [9].
IsoEnergy and Purepoint Intersect up to 8.1% U3O8 at Dorado Project
Newsfile· 2025-09-18 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. announced partial assay results from their joint venture Dorado Project, highlighting significant uranium grades from drill hole PG25-07A, which returned 2.1 metres grading 1.6% U₃O₈, including 0.4 metres at 8.1% U₃O₈ [1][2] Summary by Sections Assay Results - Drill hole PG25-07A reported 2.1 metres at 1.6% U₃O₈, with notable intervals including 0.4 metres at 8.1% U₃O₈ and an additional 4.9 metres at 0.52% U₃O₈, marking the most significant assay intervals from the Nova discovery zone [1][4] - The assay results reinforce the strength of the newly discovered system, providing a solid foundation for further exploration [2] Drilling Program Status - The summer drill program was curtailed due to regional wildfires, which limited helicopter access and created hazardous conditions, leading to the deferral of drilling at the nearby Celeste project [3] - A total of 5,030 metres were drilled across 11 holes before the program was cut short, with a planned total of 5,400 metres [5] Future Plans - Follow-up drilling programs are planned for early 2026, pending final assays and geological interpretations, focusing on expanding the Nova discovery and testing priority corridors across the Dorado Project [8] - The companies are awaiting full geochemical assays and structural interpretations to support detailed planning for future drilling [8] Project Overview - The Dorado Project is a 50/50 joint venture between IsoEnergy and Purepoint, covering over 98,000 hectares in the Athabasca Basin, known for its favorable geology for uranium deposition [13] - Recent drilling has confirmed the continuity of fertile graphitic rock packages, indicating potential for additional high-grade discoveries in the region [14]
ISOENERGY AND PUREPOINT INTERSECT UP TO 8.1% U₃O₈ AT DORADO PROJECT
Prnewswire· 2025-09-18 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. announced partial assay results from their joint venture Dorado Project, highlighting significant uranium grades from drill hole PG25-07A, which returned 2.1 metres grading 1.6% UO, including 0.4 metres at 8.1% UO [1][5][4] Summary by Sections Assay Results - Drill hole PG25-07A intersected 2.1 metres grading 1.6% UO, with notable intervals of 0.4 metres at 8.1% UO and an additional 4.9 metres at 0.52% UO [4][5] - A total of 5,030 metres were drilled across 11 holes before wildfires curtailed the planned 5,400-metre summer drill program [5][4] Project Overview - The Dorado Project is a 50/50 joint venture between IsoEnergy and Purepoint, covering over 98,000 hectares in the Athabasca Basin, known for its favorable geology for uranium deposition [10][21] - The project includes several former properties, such as Turnor Lake and Geiger, which are underlain by graphite-bearing lithologies [10] Future Plans - Follow-up drilling programs are planned for early 2026, pending final assays and geological interpretations, focusing on expanding the Nova discovery and testing priority corridors across the Dorado Project [9][5] - Additional drilling at the Serin and Turaco targets has provided valuable data for the project's geophysical calibration [5][8] Challenges - The summer drill program was cut short due to regional wildfires, which limited access and created hazardous conditions, deferring drilling at the nearby Celeste project [4][5]
Global Uranium Corp. Reports Results of Airborne ZTEM Survey at Astro Project, Athabasca Basin
Globenewswire· 2025-09-17 12:00
ZTEM Survey Reveals 25 km East–West Conductive Corridor with Attractive Fault-Controlled TargetsCALGARY, Alberta, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company” or “Global”) is pleased to announce the results of the helicopter-borne Z-Axis Tipper Electromagnetic (“ZTEM”) survey completed at the Astro Project (“Astro”), located in the eastern Athabasca Basin, Saskatchewan. The survey was conducted by Geotech Ltd. between April 13 and April 28, 2025, ...
Cosa Identifies Over 25 km of Prospective Conductive Strike Length at the Astro Uranium Project, Athabasca Basin, Saskatchewan
Newsfile· 2025-09-17 12:00
Cosa Identifies Over 25 km of Prospective Conductive Strike Length at the Astro Uranium Project, Athabasca Basin, SaskatchewanSeptember 17, 2025 8:00 AM EDT | Source: Cosa Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that project-wide ZTEM surveying at the Astro uranium project ("Astro" or the "Project") has identified over 25 kilometres of prosp ...
Greenridge Exploration Completes Airborne Electromagnetic Survey on the Bradley Lake Uranium Project in Northern Saskatchewan
Globenewswire· 2025-08-26 12:00
Core Insights - Greenridge Exploration Inc. has completed a helicopter-borne time-domain electromagnetic survey on the Bradley Lake Uranium Project, which is a 1,147-hectare site located approximately 30 kilometers northwest of Stony Rapids, Saskatchewan [1][3][5] - The survey aims to refine conductive structural corridors that may host uranium mineralization, integrating 2025 results with historical data to identify potential sources of high-grade uranium showings [3][12] Project Overview - The Bradley Lake Project includes the Bradley West and Bradley East uranium showings, with historical uranium grades in outcrop samples reaching up to 3.53% U3O8 [5] - Previous exploration activities have been limited, with intermittent exploration since 1968, and significant findings including a 700-meter-long uranium radiometric anomaly detected in 2007 [6][7] - The project is bisected by the Grease River Shear Zone, which is believed to be structurally associated with the Fond du Lac uranium deposit located 34 kilometers to the southwest [6] Survey Details - The 2025 survey utilized Axiom Exploration Group's proprietary Xcite™ HTDEM system, capable of detecting conductive zones up to hundreds of meters deep, which is essential for identifying potential uranium deposits [9][10] - The airborne survey covered 201 line-kilometers at 100-meter line spacing, providing high-resolution electromagnetic data alongside radiometric data to detect radioactive anomalies [10] Future Plans - Greenridge plans to integrate the results of the HTDEM survey with historical geological and geophysical data to better delineate the footprint of known mineralized zones at Bradley Lake [12] - The company holds an active exploration permit for surface prospecting and sampling, as well as airborne and ground geophysics, valid until May 31, 2027 [12] Company Background - 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 27 projects covering approximately 334,987 hectares [15][16] - The company has one of the largest uranium property portfolios in Canada, consisting of 16 projects and additional claims covering approximately 221,509 hectares [16]
Cosa Identifies Two Kilometres of Strong Sandstone Alteration and Graphitic Faulting at the Cyclone Trend on the Murphy Lake North Uranium Project
Newsfile· 2025-08-25 12:00
Core Insights - Cosa Resources Corp. has successfully identified two kilometers of highly prospective strike length at the Cyclone Trend on the Murphy Lake North Project, characterized by strong sandstone alteration and graphitic faulting [1][4][5] Company Overview - Cosa Resources Corp. operates in the uranium exploration sector in northern Saskatchewan, holding a 70% interest in the Murphy Lake North Project, which is a joint venture with Denison Mines Corp. [1][22][25] - The company has a portfolio of approximately 237,000 hectares across multiple underexplored projects in the Athabasca Basin region [22] Drilling Program - The summer drilling program at Murphy Lake North totaled 3,323 meters across eight holes, focusing on the Cyclone trend and following up on previous winter drilling results [6][25] - Six out of seven drill holes at the Cyclone trend yielded positive results, indicating geology considered highly prospective for eastern Athabasca-style uranium deposits [7][25] Geological Findings - The Cyclone trend drilling identified significant unconformity relief of up to 30 meters and extensive alteration zones, which are encouraging indicators for potential uranium mineralization [5][8] - The alteration and structure observed at the Cyclone trend are believed to be early indicators of an eastern Athabasca uranium-bearing trend [3][9] Future Plans - Cosa plans to use pending geochemical results to guide follow-up drilling in early 2026, with continued support from Denison Mines [9][25] - The company has left much of the drill equipment on site to minimize costs and time for resuming work in the next drilling season [3][9]