Unconformity - related uranium deposits
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Foremost Clean Energy Announces 5,000-Metre Follow-Up Drill Program at Hatchet Lake Uranium Project
Globenewswire· 2026-02-09 13:30
Core Viewpoint - Foremost Clean Energy Ltd. is set to initiate a 5,000-metre diamond drill program at its Hatchet Lake Uranium Project in mid-February 2026, following a successful 2025 winter drill program that led to a new uranium discovery [1][2]. Drill Program Overview - The upcoming drill program aims to systematically follow up on the TF-25-16 discovery, which intersected 0.87% U₃O₈ over 0.45 metres within a broader 6.2-metre interval averaging 0.10% U₃O₈ [1][5]. - The program will focus on multiple high-priority targets, including Tuning Fork and Beta Grid at Hatchet Lake South, and Richardson SE at Hatchet Lake North [3][12]. Target Areas - The Tuning Fork target area will be prioritized for step-out and infill drilling to test the continuity of mineralization and refine structural controls [5][7]. - Tuning Fork West has identified a previously untested electromagnetic conductor approximately 1.2 kilometres in strike length, which is considered a high-priority target [9]. - The Beta Grid target area shows a 20.3-metre offset in the depth to the Athabasca unconformity, interpreted as an east-directed thrust fault, which will be evaluated through targeted drilling [10]. - The Richardson SE target area contains over 5 kilometres of untested electromagnetic conductor strike length, with recent ground gravity survey results being integrated to refine drill targets [12]. Exploration Outlook - The drill program is designed to advance additional drill-ready targets generated through integrated geological and geophysical interpretation, with a focus on identifying zones of structural complexity and hydrothermal alteration [15][20]. - The company believes that the combination of newly identified untested conductors and confirmed structural complexity makes Hatchet Lake a compelling project for further uranium discoveries [15].
Standard Uranium Retains 100% Unencumbered Ownership of the Sun Dog Project Through Conclusion of Property Option Agreement
Newsfile· 2025-12-11 19:07
Core Viewpoint - Standard Uranium Ltd. has regained full ownership of the Sun Dog Project after concluding a property option agreement with Aero Energy Ltd., which allowed Aero to earn up to 100% interest in the project. The company plans to advance exploration efforts on the project following recent drilling and geophysical programs [1][3]. Group 1: Project Overview - The Sun Dog Project spans 48,443 acres (19,604 hectares) across nine mineral claims and is located 15 km southeast of Uranium City in the Athabasca Basin. It includes the historical Gunnar Uranium Mine, which produced approximately 18 million pounds of U3O8 from 1953 to 1981 [2][8]. - The project is highly prospective for both basement-hosted and unconformity-related uranium deposits, yet remains largely untested by sufficient drilling despite its proximity to known uranium discoveries [32]. Group 2: Exploration and Drilling Activities - Recent exploration efforts have focused on multiple target areas within the project, aiming to discover high-grade uranium by testing down-dip extensions of structures hosting uranium at the surface [6][17]. - Standard Uranium has completed a total of 4,062 meters of diamond drilling across 21 drill holes on the project during the winters of 2022 and 2023, with additional drilling planned for 2024 [15][17]. - Historical exploration primarily targeted lower-grade, fault-hosted mineralization, which was less effective for identifying high-grade deposits associated with graphitic rocks [16]. Group 3: Geophysical Surveys and Findings - Geophysical surveys, including ground gravity and UAV-borne magnetic surveys, have identified multiple gravity low target areas and variations in residual gravity, indicating potential zones of hydrothermal alteration associated with uranium mineralization [12][14]. - An airborne VTEMTM Plus survey completed in 2024 improved upon historical surveys, identifying at least 40 km of combined conductor strike length favorable for hosting significant uranium concentrations [13]. Group 4: Future Plans and Partnerships - The CEO of Standard Uranium expressed confidence in securing a joint venture partner to fund further exploration of the Sun Dog Project within the next year, highlighting the project's potential and the interest it has garnered from multiple companies [3].