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CanAlaska Announces Results from Geophysical Program on West McArthur Project
Newsfile· 2025-11-25 12:30
CanAlaska Announces Results from Geophysical Program on West McArthur ProjectNovember 25, 2025 7:30 AM EST | Source: CanAlaska Uranium Ltd.Pike Zone C10 South Conductor Corridor Extended and Defined to 16 Kilometre Strike LengthNew Targets Outlined Immediately Southwest of Pike ZoneSaskatoon, Saskatchewan--(Newsfile Corp. - November 25, 2025) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to report the final results from a ground-based ...
Bayridge Resources Signs Definitive Agreement on Baker Lake Uranium Project in Nunavut
Newsfile· 2025-11-24 08:15
Core Insights - Bayridge Resources Corp. has signed a Definitive Agreement to acquire a 51% interest in the Baker Lake Uranium Project located in Nunavut, Canada [1][15]. Project Overview - The Baker Lake Uranium Project is an advanced uranium project situated in the Kivalliq Region of Nunavut, within the same Paleoproterozoic uranium district as ATHA's Angilak and Orano's Kiggavik deposits [2]. - The project encompasses 83 contiguous claims covering an area of 619 km², located 60 km south of Baker Lake [5]. - The project has undergone approximately 5,500 meters of modern drilling, 23.5 km² of detailed surface grids, and 7,851 line-km of airborne geophysics, representing over $7 million in exploration value at 2025 cost equivalencies [4][5]. Geological and Exploration Highlights - The uranium at Baker Lake is hosted within Kazan Formation sandstones, with geological features comparable to other significant uranium deposits [6]. - Historical drilling has identified multiple significant uranium intercepts, including 17.3 meters of 0.30% U₃O₈ and 10.0 meters of 0.35% U₃O₈ [11]. - A 2008 TEMPEST® survey defined 30 high-priority uranium targets, with many remaining untested [7]. Acquisition Terms - The acquisition involves a binding Share Purchase Agreement to acquire 51% of the issued capital of 1461433 B.C. Ltd, which owns 100% of the Baker Lake Uranium Project [15]. - As part of the acquisition, the company will issue 5,600,000 common shares at a deemed price of $0.25 per share, totaling $1.4 million [15]. - The company will enter into a joint venture agreement with Privco, which will have a free carried interest until the completion of a Pre-Feasibility Study [15][16]. Regulatory and Approval Process - The completion of the transaction is subject to customary conditions, including regulatory approvals from the Canadian Securities Exchange (CSE) [16][17].
Azincourt Energy Advances Drill Program at Snegamook Uranium Deposit and Greater Harrier Uranium Project
Newsfile· 2025-11-19 08:05
Core Viewpoint - Azincourt Energy is advancing its diamond drilling program at the Snegamook Uranium Deposit and the broader Harrier Project, which is located in the Central Mineral Belt of Newfoundland & Labrador, Canada, aiming to confirm and expand uranium resources in the area [2][6][12]. Company Overview - Azincourt Energy Corp. specializes in the acquisition, exploration, and development of alternative energy projects, including uranium and lithium [23]. - The company is currently active in multiple uranium projects, including the East Preston project in Saskatchewan and the Harrier and Snegamook projects in Labrador [23]. Harrier Project Details - The Harrier Project spans 49,400 hectares and includes the Snegamook Uranium Deposit, strategically located near other significant uranium deposits such as Atha Energy's Moran Lake and Anna Lake deposits, and Paladin Energy's Michelin deposit [3][19]. - The project features over a dozen known uranium mineralization zones, with surface rock samples showing grades up to 7.48% U₃O₈, indicating high-grade potential [4][6]. Drilling Program - A 2,000-meter diamond drilling program is planned to confirm and expand the Snegamook Uranium Deposit, where historical drilling has shown significant mineralization, including 0.974% U₃O₈ over 0.5 meters [6][10]. - The drilling program is expected to commence after the snow melts, targeting both the Snegamook Deposit and the Boiteau Lake area [9][12]. Historical Context - Historical drilling at the Snegamook Deposit has identified a 20 to 50-meter wide section of uranium-bearing rock, with previous estimates indicating a resource of 5.55 million pounds of U₃O₈ [10][11]. - The Central Mineral Belt is recognized as one of Canada's most underexplored yet promising uranium regions, with significant discoveries made in the past [18][21]. Future Plans - The company aims to prepare an updated NI 43-101 compliant resource estimate for the Snegamook Deposit as part of its upcoming drilling activities [6][11]. - Azincourt Energy plans to validate historical results and expand the known resources on the property to unlock its full potential [12][13].
Foremost Clean Energy Successfully Completes 2,695 m Drill Program at its Murphy Lake South Uranium Property
Globenewswire· 2025-11-17 14:00
VANCOUVER, British Columbia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company"), is pleased to announce the successful completion of its seven-hole, 2,695 metres diamond drill program at the Murphy Lake South Uranium Property (“Murphy”), located in the Athabasca Basin, northern Saskatchewan (figure 1). This was the first drill program at Murphy since 2017, which was designed to follow up on high-priority targets originally advanced by Denison ...
Skyharbour Consolidates 100% Interest in the Russell Lake Uranium Project
Globenewswire· 2025-11-17 04:00
Vancouver, BC, Nov. 16, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has entered into a definitive and binding purchase agreement (the “Purchase Agreement”) with Rio Tinto Exploration Canada Inc. (“RTEC”) to increase and consolidate its ownership interest in the Russell Lake Uranium Project (“Russell Lake” or the “Project”) through the acquisition of RTEC’s minority interest in the Project (the ...
Purepoint Completes First Pass Drilling at Tabbernor Project
Newsfile· 2025-11-12 11:30
Core Insights - Purepoint Uranium Group Inc. has completed its inaugural drill program at the Tabbernor Project, which is located in Saskatchewan's Athabasca Basin, consisting of five diamond drill holes targeting a 60-kilometre-long corridor of graphitic conductors [1][2][4] Group 1: Drill Program Results - The drill program provided significant geological insights, with every hole intersecting graphite and revealing structural and alteration features typically associated with uranium mineralization [2][3] - A total of 1,741 metres of diamond drilling was completed across five holes, with all holes intersecting graphite, validating recent airborne electromagnetic signatures [7] - Four out of five holes encountered zones of structural disruption, including shearing, brecciation, and silicification [7] Group 2: Project Overview - The Tabbernor Project spans over 50,000 hectares and is strategically positioned along the northern extension of the Tabbernor Fault System, which aligns with numerous uranium occurrences in the region [4][10] - The project is located approximately 40 kilometres south of Cameco's Eagle Point deposit and consists of 23 contiguous mineral claims [11] - Purepoint's focus is on the 60-kilometre graphitic corridor, particularly areas with gravity low responses and structural complexity [12] Group 3: Future Plans - Purepoint plans to incorporate the results from the drill program into ongoing regional interpretation work to prioritize follow-up targets for more detailed evaluation [5] - The company aims to refine its understanding of the underlying geology and evaluate zones of structural complexity for future drilling [3][5] Group 4: Company Background - Purepoint Uranium Group Inc. is a focused explorer with a portfolio of advanced projects in the Athabasca Basin, actively collaborating with industry leaders such as Cameco Corporation and Orano Canada Inc. [17][18] - The company also holds a promising VMS project adjacent to Foran Corporation's McIlvenna Bay project, enhancing its exploration potential [18]
F3 Hits 2.30m >10,000 cps Within 29.5m Radioactivity - 15m Step-Out at Tetra
Newsfile· 2025-11-10 10:00
Kelowna, British Columbia--(Newsfile Corp. - November 10, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce initial scintillometer results from its ongoing drill program on the Tetra Zone on the Broach Property, including a highly radioactive intercept in PLN25-219A which tested for mineralization in the down plunge direction of PLN25-217 (see NR August 5, 2025) and intersected mineralization over a total of 29.5m, 27.5m of which is continuous and includes 2. ...
Mustang Energy Corp. Announces Results of TDEM Survey Over the 914W Property
Globenewswire· 2025-11-05 23:27
Core Insights - Mustang Energy Corp. announced the results of a high-resolution HTDEM survey at the 914W Uranium Project, covering 136 line-kms, which identified a well-developed conductive zone favorable for uranium mineralization [1][2][3] Survey Details - The Xcite™ helicopter-borne Time Domain Electromagnetic (TDEM) survey was conducted by Axiom Exploration Group Ltd., collecting electromagnetic, magnetic, and radiometric data to map variations related to uranium-bearing structures [2] - Early-time channels indicated strong EM responses along the east-central portion of the 914W block, suggesting shallow conductive zones near the surface [3] - Inversion modeling from 50 m to 350 m depth showed consistent conductive features, with a strong conductive zone trending east-northeast across the property [4] Soil Sampling Results - A soil sampling program in May 2025 collected 25 rock samples and 142 soil samples, focusing on areas with no outcrop exposure [6] - Although no significant discoveries were made, five soil samples from the southern portion exceeded 4 ppm U, indicating slightly elevated uranium values [8] - Anomalous uranium values were identified in the northeastern portion, including a granitic gneiss sample that returned 42.3 ppm U [9] Project Overview - The 914W Uranium Project consists of two claims covering 2,440 hectares, located approximately 48 km southwest of Cameco's Key Lake Operation, with favorable logistics via Highway 914 [11] - The project is situated over favorable geology, with local graphite-bearing assemblages, and remains largely underexplored despite historical surveys [13] - Mustang Energy holds an option agreement to acquire a 75% interest in the Project from Skyharbour Resources Ltd. [14]
Generation Uranium Expands Yath Project with Strategic Property Acquisition
Thenewswire· 2025-10-28 11:30
Core Insights - Generation Uranium Inc. has acquired the Yath Extension Property, enhancing its presence in the Angilak Uranium District of Nunavut [1][2] - The acquisition adds 4,123.94 hectares, bringing the total size of the Yath Project to approximately 18,214.87 hectares [2] - The Yath Extension property is underlain by Archean basement rocks known for uranium-copper mineralization, with historical evidence of high-grade mineralized shears and fractures [3] Geological Highlights - The Yath Extension property features quartz-vein stockworks and brecciated zones, indicating potential for high-grade mineralization [3] - Significant mineralization includes calcite, pitchblende, hematite, pyrite, and chalcopyrite, with notable samples showing 0.188% U₃O₈ and 0.52% U₃O₈ [7] - A float sample exhibited a sodium-rich alteration signature, indicating further exploration potential [7] Strategic Significance - The acquisition strengthens Generation's control over key structural corridors in the Yath Basin, aligning with its goal to advance high-priority exploration targets [6] - CEO Chris Huggins emphasized that the acquisition expands the Yath Project and enhances the company's strategic position within Nunavut's uranium belt [7] Transaction Summary - The vendors will receive 20,000,000 common shares and a cash payment of $60,000 upon closing, along with a 2% Net Smelter Return royalty [12] - The completion of the transaction is subject to TSX Venture Exchange approval and applicable resale restrictions [12] Company Overview - Generation Uranium is a Canadian resource exploration company focused on uranium, advancing its 100% owned Yath uranium project in Nunavut's Angilak district [9] - The company is positioned to contribute to the future supply of clean nuclear energy through its robust pipeline of high-priority exploration targets [9]
F4 Defines Drill Targets with Airborne MT Survey on the Cree Bay Property
Newsfile· 2025-10-27 09:00
Core Viewpoint - F4 Uranium Corp has announced the results of an airborne Mobile MagnetoTellurics (MT) survey over the Cree Bay Project, revealing a significant resistivity-low zone that indicates potential areas for uranium exploration [1][2][3]. Group 1: Survey Results and Implications - The Mobile MT survey, completed in September 2025, aimed to provide an updated geophysical overview and assist in defining new exploration target areas [2]. - The survey identified a broad resistivity-low zone through the property, which aligns with a structural offset inferred from previous drilling in 2019 [1][2]. - The resistivity-low zone, combined with ground data from 2022, will help refine drill targets and define additional areas for future exploration [3]. Group 2: Project Background and Location - The Cree Bay property is 100% owned by F4 Uranium and consists of 16 mineral claims covering 14,080 hectares, located 20 km south of Stony Rapids in the Athabasca Basin [6]. - The property is situated along the Virgin River Conductive Corridor and is approximately 10 km southeast of Orano and Geiger Energy's Fir Island property [6]. Group 3: Exploration Strategy and Team Expertise - F4's technical team has a proven track record in uranium exploration within the Athabasca Basin, having been involved in four major uranium discoveries, including two in the last three years [4]. - The company plans to integrate the new survey results with existing data to identify strong target areas for uranium deposits at Cree Bay [4].