Workflow
Uranium Exploration
icon
Search documents
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].
Greenridge Exploration Launches Geophysical Data Review Program for the Sabre Uranium Project in Northern Saskatchewan
Globenewswire· 2025-06-10 12:00
Core Insights - Greenridge Exploration Inc. has engaged Convolutions Geoscience to conduct a comprehensive review of geophysical and geological data for the Sabre Uranium Project, aiming to create a 3D model to identify potential uranium deposits and new drill targets [1][2][3] Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, with a portfolio that includes 27 projects covering approximately 335,825 hectares [11][12] - The company has one of the largest uranium property portfolios in Canada, consisting of 16 projects and additional claims totaling around 221,509 hectares [12] Project Details - The Sabre Property is located in the northern Athabasca Basin, covering 23,178 hectares across 28 claims, and is believed to be prospective for unconformity-related uranium mineralization [5] - The project is fully permitted for surface exploration until November 30, 2027, allowing for drilling of up to 10 holes [4] Technical Collaboration - Convolutions Geoscience is a team of geophysical experts with extensive experience in uranium exploration in the Athabasca Basin, which is known for its high-grade uranium deposits [2] - The collaboration aims to enhance targeting for uranium through the integration of historical geophysical data and new airborne survey results [3][4] Historical Context - The Fond du Lac uranium deposit, located approximately 5.5 kilometers from the Sabre Property, has a historic reserve of about 990,000 pounds (450,000 kilograms) averaging 0.25% U3O8, indicating the area's potential for uranium mineralization [5]
Skyharbour Intersects High-Grade Uranium in Significant 42 m Step Out Hole ML24-15 which Returned 4.74% U3O8 over 1.5 m within 6.4 m of 1.50% U3O8 at Moore Project
Globenewswire· 2025-06-10 11:00
Vancouver, BC , June 10, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the "Company") is pleased to announce the remaining assay results from its late 2024 diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, which totaled 2,759 metres in nine holes. The project is located approximately 15 kilometres east of Denison Mine's Wheeler River project and proximal to regional infrastructure for Cameco's Key Lake and McArthur River ope ...
Cosa Commences Airborne Geophysical Surveys at the Cosmo and Orion Uranium Projects, Athabasca Basin, Saskatchewan
Newsfile· 2025-06-04 12:00
Core Viewpoint - Cosa Resources Corp. has initiated airborne geophysical surveys at its 100% owned Cosmo and Orion uranium projects in the Athabasca Basin, Saskatchewan, utilizing Geotech's Z-Axis Tipper Electromagnetic system for comprehensive coverage [1][3]. Group 1: Survey Details - Cosa has contracted Geotech Ltd. to conduct 618 line-kilometres of ZTEM surveying at the Cosmo and Orion projects, which is recognized for its high accuracy and resolution in measuring a wide range of frequencies [3]. - The primary goal of the survey is to identify basement conductive zones similar to those found in tier-1 Athabasca uranium deposits, as well as to map anomalous conductivity zones in the sandstone that may indicate hydrothermal alteration [4][5]. Group 2: Project Descriptions - The Cosmo Project spans 10,145 hectares and is strategically located near significant uranium deposits, covering 18 kilometres of magnetic low strike length, with no prior ZTEM coverage [6][9]. - The Orion Project, covering 20,255 hectares, is located near the Cigar Lake uranium mine and has been expanded since its acquisition in 2022, with a focus on the underexplored Larocque Lake Trend [10][11]. Group 3: Future Plans - Results from the current survey will inform follow-up work, including potential Ambient Noise Tomography (ANT) surveying and ground-based electromagnetic (EM) methods, prioritizing the most promising areas for drilling [5][8]. - Cosa's ongoing focus includes drilling at the Murphy Lake North Joint Venture, which is located near the Hurricane deposit, with initial drilling having already intersected significant hydrothermal alteration [21].
Greenridge Exploration Inc. Stakes the Raven Uranium Project in the Athabasca Basin Region, Northern Saskatchewan, Canada
Globenewswire· 2025-06-03 12:00
Core Viewpoint - Greenridge Exploration Inc. has successfully acquired the Raven Uranium Project in northern Saskatchewan, Canada, which consists of four mineral claims covering 6,269 hectares, with the potential for uranium mineralization in a region known for significant uranium deposits [1][4][6]. Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical minerals and precious metals projects in Canada, owning or having interests in 29 projects covering approximately 393,651 hectares [12]. - The company has one of the largest uranium property portfolios in Canada, consisting of 16 projects and additional claims covering about 221,509 hectares [13]. Acquisition Details - The Raven Uranium Project was acquired through low-cost staking and is located near Cameco Corporation's McArthur River Uranium Mine, with the claims fully owned by Greenridge and no underlying royalties [1][4]. - The new claims are contiguous to an existing claim owned by the company, enhancing its strategic position in the region [2]. Geological Context - Raven is situated outside the eastern margin of the Athabasca Basin, an area known for prolific uranium mines, and is considered underexplored with no historical drill holes reported [4][6]. - The property features over nine kilometers of a historical electromagnetic conductor, which is a favorable geological setting for uranium mineralization [5]. Exploration Plans - Greenridge plans to utilize data from a 2021 high-resolution airborne magnetic and radiometric survey for further exploration, with potential helicopter-borne airborne electromagnetic surveys planned for 2025 [8]. - The company aims to conduct additional surface work to follow up on the historical radiometric survey results [8]. Stock Options and RSUs - On June 2, 2025, Greenridge granted 450,000 stock options to directors and consultants, with an exercise price of $0.40 per share, and 1,300,000 restricted share units (RSUs) to certain directors and a consultant, with a structured vesting schedule [9].
Skyharbour and JV Partner Orano to Commence Extensive Summer 2025 Drilling Program at Preston Uranium Project
Globenewswire· 2025-05-15 11:30
Vancouver, BC, May 15, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) ("Skyharbour" or the "Company"), is pleased to announce that its joint-venture partner, Orano Canada Inc. ("Orano"), will commence a large-scale diamond drilling program at the 49,635-hectare Preston Uranium Project ("Preston" or the "Property") located in the western Athabasca Basin, Saskatchewan, Canada. The drilling program will consist of approximately 6,000 to 7,000 metres of drilling ...