Uranium Exploration
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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]
Standard Uranium Generates New High-Priority Uranium Targets at Flagship Davidson River Project Following Exosphere Multiphysics Surveys
Newsfile· 2025-08-21 11:00
Core Insights - Standard Uranium Ltd. has successfully completed ExoSphere Multiphysics surveys at its flagship Davidson River Project, identifying multiple high-priority uranium targets in the southwest Athabasca Basin [1][3][5] Exploration and Survey Results - The surveys utilized combined 3D Ambient Noise Tomography (ANT) and Horizontal-to-Vertical Spectral Ratio (HVSR) models, generating critical subsurface information for ongoing exploration [5][7] - Distinct gravity-low anomalies indicating potential hydrothermal alteration zones have been identified across the Warrior, Bronco, and Thunderbird corridors, coinciding with known electromagnetic conductors and extrapolated basement faults [5][8] - The new datasets from the Multiphysics surveys provide invaluable targeting information, enhancing the understanding of the geological framework in the area [3][7] Upcoming Drilling Program - A four-to-six-week diamond drilling program is scheduled to commence in early September 2025, marking the first drilling campaign since 2022 [5][10] - Drill targets will be prioritized based on previous drilling results, new ANT + HVSR + Gravity anomalies, and machine learning SmartMatch targets [11] Project Overview - The Davidson River Project consists of 10 contiguous mineral dispositions covering approximately 30,737 hectares and is located 25 to 30 km west of significant uranium deposits [14][27] - The project hosts four main conductive corridors associated with graphitic-sulphidic structures, which are commonly linked to high-grade uranium systems [15][16] Financial Update - The company is moving forward with a non-brokered private placement to raise gross proceeds of up to C$3,500,000, with an initial tranche expected to be completed shortly [19][20]
Strathmore Increases Uranium Mineralization at Agate by 1,200-Feet
Newsfile· 2025-08-20 09:00
Core Insights - Strathmore Plus Uranium Corporation has reported positive results from Phase 1 drilling in the 2025 exploration season at the Agate property, extending the northern trend of the Lower sand by 1,200 feet to a total length of over 4,900 feet [1][3] - The drilling targets the Eocene Wind River Formation, known for its high porosity and permeability, and aims to explore both the Lower sand and the discovered shallow mineralization within the Middle sand [2][3] - The company plans to conduct additional in-fill drilling to refine the continuity and thickness of mineralization across the trend, with results from Phase 1 guiding the Phase 2 drilling scheduled for later in the year [4][6] Drilling Results - Notable drilling results include hole AG-205-25, which encountered 15.5 feet of 0.045% eU3O8, with a significant intercept of 10 feet at 0.061% eU3O8 [1] - The drilling program has identified mineralization within the tails and interface of the interpreted roll-front system, indicating proximity to the main body of the deposit [3][11] - Historical data shows that the Shirley Basin district has produced significant uranium, with 53 million pounds mined historically, indicating the potential for further discoveries in the Agate property [7] Project Overview - The Agate property consists of 100 wholly owned lode mining claims covering approximately 2,066 acres, with uranium mineralization located in classic Wyoming-type roll fronts [7] - The uranium mineralization is shallow, ranging from 20 to approximately 150 feet deep, and is likely amenable to in-situ recovery methods [7] - Strathmore has completed 200 holes during the 2023 and 2024 drilling programs, including the installation of monitor wells for groundwater studies [7] Company Background - Strathmore Plus Uranium Corp. is focused on discovering uranium deposits in Wyoming and has three permitted uranium projects: Agate, Beaver Rim, and Night Owl [8] - The company is utilizing Wind River Drilling for the drilling operations and Hawkins CBM Logging for geophysical logging, with oversight from the VP of Exploration [6]
Forum Energy Metals Announces Shareholder Approval for Acquisition by Baselode Energy
Newsfile· 2025-08-19 20:58
Core Viewpoint - Forum Energy Metals Corp. has received overwhelming shareholder approval for its arrangement with Baselode Energy Corp., which involves the exchange of shares and options as part of the acquisition process [1][5]. Group 1: Arrangement Details - Under the arrangement, shareholders will receive 0.3535 of a Baselode common share for each Forum share held, with adjustments made for options and warrants [2]. - The arrangement required at least two-thirds (66⅔%) approval from shareholders present at the meeting, along with a majority excluding interested parties [4]. - A total of 108,801,782 shares were represented at the meeting, accounting for 35.17% of the total issued shares [3]. Group 2: Voting Results - Of the votes cast, 97.57% were in favor of the arrangement, which increased to 97.48% after excluding shares as required [5]. Group 3: Next Steps - The company will seek a final court order to approve the arrangement on August 22, 2025, with completion expected shortly after if customary closing conditions are met [6]. Group 4: Company Background - Baselode Energy controls approximately 241,409 hectares for exploration in the Athabasca Basin, with no underlying royalties [7]. - Forum Energy Metals focuses on high-grade uranium deposits in Canada, holding significant land positions in Saskatchewan and Nunavut [10].
Homeland's Phase I Program Confirms 14 km of Uranium Strike Potential at the Coyote Basin Project, Colorado, United States
Newsfile· 2025-08-18 12:00
Core Insights - Homeland Uranium Corp. has confirmed the presence of four variably radioactive stratigraphic horizons at the Coyote Basin Project, with anomalous radioactivity detected along a strike of approximately 14 km [2][6][3] Coyote Basin Project - The Phase I program has validated the location of previously identified radioactive horizons, showing elevated radioactivity levels up to nearly eight times background levels, reaching up to 400 counts per second (cps) [2][3] - The highest radioactivity was detected in Horizon 2, with significant radioactivity also found in the Open Gulch area, which is expected to be a focus in the upcoming Phase II drilling program [4][3] - A total of 89 rock samples have been collected for analysis, with results pending from the Saskatchewan Research Council [7][11] Red Wash Project - Mapping at the Red Wash Project confirmed a continuous weakly radioactive horizon with levels up to two times background, reaching 109 cps [8] - Five rock samples have been collected from this area, with geochemical results also pending [8][11] - An additional follow-up mapping and prospecting program is anticipated in summer 2026 to identify future drill targets [9] Future Plans - The company is awaiting federal and state approval for its Notice of Intent permit application, with plans to commence the Phase II drilling program in late Q3 or early Q4 of 2025 [3][6] - The objective of the Phase II program is to confirm uranium mineralization in the subsurface and locate higher-grade zones within the known historical mineralized horizons [4][6]
IsoEnergy and Purepoint Report Assay Grades of up to 5.4% U₃O₈ from Initial Holes at the Nova Discovery on the Dorado JV
Prnewswire· 2025-08-06 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. have confirmed high-grade uranium mineralization at their joint venture Dorado project's Nova Discovery in Saskatchewan's Athabasca Basin [1][4][17] - Initial assay results from drill holes PG25-04 and PG25-05 show significant uranium grades, with PG25-05 returning 1.0 metre grading 2.2% U₃O₈, including 0.3 metres at 5.4% U₃O₈ [1][5][6] - The ongoing drilling program aims to further explore and extend the mineralized trend, with additional assays from PG25-07 expected soon [1][4][6] Summary by Sections Assay Results - PG25-04 returned 0.6 metres grading 1.0% U₃O₈, while PG25-05 returned 1.0 metre grading 2.2% U₃O₈, including a high-grade interval of 0.3 metres at 5.4% U₃O₈ [5][6] - PG25-07 is anticipated to provide further insights, having recorded the highest radioactivity readings to date [1][4][6] Drilling Program - The 2025 drill program focuses on the Q48, Q2, and Turaco target areas, with PG25-04 and PG25-05 being the initial drill holes [2][3][17] - Follow-up drilling is planned for winter to extend the mineralized trend northeast, leveraging frozen ground for access [6][18] Project Overview - The Dorado project is a 50/50 joint venture between IsoEnergy and Purepoint, covering over 98,000 hectares of uranium exploration ground [17][25] - The project includes several former properties known for their potential for uranium deposition, underlain by favorable geological structures [17][25] Industry Context - The Athabasca Basin is recognized as one of the world's most significant uranium districts, with ongoing exploration efforts aimed at discovering high-grade uranium deposits [26][27] - IsoEnergy is advancing its Larocque East project, which hosts the world's highest-grade indicated uranium mineral resource, positioning the company for potential near-term production [25]
IsoEnergy and Purepoint Report Assay Grades of up to 5.4% U3O8 from Initial Holes at the Nova Discovery on the Dorado JV
Newsfile· 2025-08-06 10:30
Core Insights - IsoEnergy and Purepoint announced high-grade uranium mineralization at the Nova Discovery in the Dorado project, with assay grades reaching up to 5.4% U3O8 from initial drill holes [1][3][6] - The results from drill holes PG25-04 and PG25-05 confirm the significance of the mineralization at the Q48 target, with PG25-05 returning 1.0 metre grading 2.2% U3O8, including 0.3 metres at 5.4% U3O8 [1][4][10] - Assays from PG25-07 are pending, which are expected to provide further insights into the mineralized system [1][3][6] Summary by Sections Assay Results - Initial assays from drill holes PG25-04 and PG25-05 confirmed high-grade uranium mineralization, with PG25-05 showing 1.0 metre at 2.2% U3O8 and PG25-04 showing 0.6 metres at 1.0% U3O8 [1][4][6] - The assay results validate the mineralization first intersected at Q48, which is hosted in a steeply dipping, brittle basement fault [6][10] Drilling Details - The Dorado project encompasses over 98,000 hectares of uranium exploration ground, including the former Turnor Lake, Geiger, Edge, and Full Moon properties [21][32] - The drilling program is designed to extend the mineralized trend northeast, with follow-up drilling planned for winter when ground conditions are favorable [6][22] Company Profiles - IsoEnergy is a globally diversified uranium company with significant resources in top mining jurisdictions and is advancing its Larocque East project in the Athabasca basin [32] - Purepoint Uranium Group focuses on uranium exploration in the Athabasca Basin and operates advanced projects in partnership with industry leaders [33][34]
F3 - Extends Mineralization with 67.0m of Radioactivity at Tetra Zone
Newsfile· 2025-08-05 09:00
Core Insights - F3 Uranium Corp has reported significant results from the Tetra Zone, with the widest intervals of radioactivity to date on the Patterson Lake North Project, including 67.0m of composite radioactivity in drill hole PLN25-217 and 39.5m in PLN25-212 [1][2][14] Summary by Sections Exploration Results - Drill hole PLN25-217 intersected 67.0m of composite radioactivity between 299.5m and 414.5m, with 49.0m of continuous radioactivity between 347.5m and 396.5m [1][2] - Drill hole PLN25-212 intersected 39.5m of composite radioactivity between 330.0m and 409.5m, including 27.5m of continuous radioactivity between 360.5m and 396.5m [1][2] Company Commentary - Sam Hartmann, Vice President of Exploration, highlighted the unexpected substantial radioactive widths and the potential of the Tetra Zone, indicating a need for adaptations in the drill plan and deposit model generation [2][14] - The company plans to conduct a ground geophysical program to improve conductor modeling around the Tetra Zone, which may reduce the number of drill holes required for targeting [2][14] Project Overview - The Patterson Lake North Project spans 42,961 hectares and is located in the Athabasca Basin, near significant high-grade uranium deposits [14][16] - The project includes the JR Zone Uranium discovery and the newly identified Tetra Zone, which is positioned 13km south of the JR Zone [14][16]
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 ...