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Terra Clean adds 3,395 acres of Uranium Claims in Wyoming adding Highly Prospective Uranium Properties to its Growing Uranium Portfolio
Globenewswire· 2026-02-17 05:01
Core Viewpoint - Terra Clean Energy Corp has successfully acquired 2,068 acres of new uranium exploration claims and three strategic Wyoming State Leases, expanding its uranium exploration portfolio by a total of 3,395 acres [1][2]. Acquisition Details - The company staked 100 unpatented Bureau of Land Management (BLM) claims and acquired three Wyoming State Leases covering 1,327 acres [1][3]. - The total cash payments required for the state leases amount to US$45,000, with specific payment deadlines outlined [3]. Geological Context - The acquired land is situated along the south flank of the Washakie Basin, an area known for its uranium mineralization [4]. - The geological formation underlying the area is the Miocene aged Browns Park Formation, recognized for hosting roll-front style uranium deposits [7]. Historical Significance - The staked ground includes two historical uranium occurrences, with sample grades recorded at 0.375%, 0.083%, and 0.058% U3O8 [8]. - Previous mining activities have occurred approximately 75 km east of the project area, indicating a history of uranium production in the region [7]. Company Profile - Terra Clean Energy Corp is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project, which holds a 6.96 million pound inferred uranium resource [13].
District Outlines 2026 Exploration and Development Plans on Its Uranium Properties in Sweden
TMX Newsfile· 2026-01-13 07:00
Core Viewpoint - District Metals Corp. is set to advance its exploration and development programs for uranium properties in Sweden, particularly focusing on the Viken Property, following the official permitting of uranium exploration and mining in Sweden as of January 1, 2026 [3][11]. Exploration and Development Plans - The company plans to conduct a Preliminary Economic Assessment (PEA) and an Economic Impact Study (EIS) for the Viken Property, with completion targeted for Q2 or Q3 2026 [5][4]. - Approximately 5,000 to 7,000 meters of drilling is planned at the Viken and Alum Shale Properties to test new conductive targets identified from the 2025 MobileMT survey [5][4]. - The company aims to expand its geophysical coverage across the Alum Shale Properties and conduct follow-up fieldwork at Ardnasvarre, Sågtjärn, and Nianfors to capitalize on anomalies identified in previous surveys [4][5]. Investor Relations - District Metals has engaged Pareto Securities AB for twelve months to enhance research coverage and awareness of the company's activities [5][6]. - Aktiespararnas Serviceaktiebolag has also been engaged for twelve months to develop content describing the company's activities, with a focus on increasing visibility [7][8]. Technical Information - All scientific and technical information has been prepared or approved by Garrett Ainsworth, the company's President and CEO, who is a Qualified Person under National Instrument 43-101 [9].
Strathmore Expands Agate Project With Strategic Claim Staking
TMX Newsfile· 2025-12-15 10:00
Core Insights - Strathmore Plus Uranium Corporation has expanded the Agate Project by adding 24 staked mining claims, now totaling 124 claims covering approximately 2,560 acres in the Shirley Basin Uranium District of Wyoming [1][5][11] - The Agate Project is located in a prominent in-situ uranium production area, with historical mining yielding over 250 million pounds of uranium in Wyoming [2][5] - The company's drilling program has shown promising results, with 95% of drill holes intersecting mineralization, indicating strong potential for further exploration and development [4][11] Company Developments - The Agate property benefits from historical exploration data from Kerr-McGee Corporation, which conducted extensive drilling in the 1970s, identifying several mineralized trends [3][5] - In 2025, Strathmore completed 45 drill holes, expanding mineralization trends significantly, with plans for further drilling in 2026 to explore untested areas [11] - The company has engaged the University of Wyoming for geophysical and groundwater studies, receiving additional funding to enhance research on deeper uranium deposits [11] Industry Context - Wyoming remains the leading uranium producer in the U.S., with several major companies, including Cameco and Energy Fuels, actively developing projects in the region [2] - The Agate Project is situated in a premier ISR district, aligning with proven development and production models, which enhances its attractiveness for future investment [4]
Global Uranium Announces Strategic Expansion of Airline Project Claims in Wyoming
Globenewswire· 2025-11-26 13:00
Core Viewpoint - Global Uranium Corp. has expanded its land position at the Airline Project in Wyoming, increasing its overall area to approximately 664 hectares, which supports the company's long-term exploration strategy [1][3][4]. Summary by Sections Land Expansion - The Airline Project originally consisted of a 60-hectare BLM claim block and a 258-hectare Wyoming State Mineral Lease, forming the initial land position [2]. - The company has added three new claims: a 7-hectare expansion to the north, a 205-hectare expansion to the west, and a 134-hectare expansion to the east [3]. Strategic Importance - The expansion of the Airline Project is seen as a crucial step in strengthening the company's position in the Copper Mountain district, allowing for better evaluation of geological trends and advancement of exploration plans [4]. Company Overview - Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America, holding key projects in Saskatchewan and Wyoming [8].
Myriad Uranium Completes High-Resolution Ground Geophysics at Red Basin, Secures 100% Ownership, and Launches Market Awareness Program
Newsfile· 2025-11-26 12:00
Core Insights - Myriad Uranium Corp. has completed ground radiometric and magnetic surveys over its Red Basin Project in New Mexico, fulfilling its earn-in requirements and securing 100% ownership of the claims [1][3][5] - The Red Basin area is estimated to contain up to 45 million pounds of uranium, with Myriad's claims covering a significant portion of historical drilling and known resources [3][14] - The company has engaged Machai Capital for a 12-month investor awareness program to enhance its visibility and market presence [2][15] Survey Details - The ground magnetic survey collected 160 line-km of data, while gamma mapping covered 142 line-km, with specific equipment used for high sensitivity and accuracy [6][12] - The surveys were conducted at 50 m line spacing, with the magnetic survey showing channel-like features that may indicate subsurface channels [4][7] Geological Context - Historical exploration in the Red Basin district dates back to the 1950s, with previous drilling by Gulf Oil and Occidental Petroleum identifying significant uranium-vanadium mineralization [8][9] - The mineralization is primarily hosted in channelized roll-front deposits within permeable sandstones, with potential for both open-pit and underground mining [12][14] Investment and Marketing Strategy - Myriad has allocated $300,000 and issued 300,000 stock options to Machai Capital as part of its marketing strategy, aimed at increasing investor awareness and engagement [16][17] - The marketing services will include digital content creation, social media marketing, and search engine optimization [15]
Denison Announces Agreements with Skyharbour Resources, Increasing Denison's Strategic Foothold Surrounding Wheeler River
Prnewswire· 2025-11-17 09:00
Core Insights - Denison Mines Corp has executed an agreement with Skyharbour Resources Ltd to acquire initial interests in claims comprising Skyharbour's Russell Lake Uranium Project, enhancing Denison's strategic position around its flagship Wheeler River Project [1][2] Transaction Overview - The Russell property will be divided into four joint ventures: Russell Lake (20% Denison, 80% Skyharbour), Getty East (30% Denison, 70% Skyharbour), Wheeler North (49% Denison, 51% Skyharbour), and Wheeler River Inliers (70% Denison, 30% Skyharbour) [1][3] - Denison will pay a total consideration of $18 million, including a $2 million upfront cash payment and $16 million in deferred payments [1][4] Strategic Implications - The acquisition strengthens Denison's regional presence and supports its long-term growth objectives by augmenting its exploration portfolio [2] - The transaction allows Denison to lead exploration efforts across the new joint ventures, leveraging collaboration with Skyharbour's technical teams [1][2] Earn-In Option Agreements - Denison has the option to increase its ownership interest in Wheeler North and Getty East to up to 70% through multi-phase earn-in options [7] - The Wheeler North Earn-In Option allows Denison to acquire additional interests by incurring exploration expenditures and making cash payments [8][15] - The Getty East Earn-In Option similarly requires Denison to incur specific exploration expenditures within set timeframes to increase its ownership [9][10] Operational Considerations - Denison will have priority access to Skyharbour's existing exploration camp for the Russell project, with associated usage fees [5] - The transaction is subject to customary approvals, including TSX Venture exchange approval [6]
Skyharbour Announces Participation in Red Cloud's 2025 Fall Mining Showcase in Toronto
Globenewswire· 2025-10-31 21:00
Core Points - Skyharbour Resources Ltd. will present at Red Cloud's Fall Mining Showcase 2025 on November 5, 2025, at 1:40 pm EST [1][2] - The company has engaged Plutus Invest and Consulting for marketing services to enhance investor awareness in Europe, with a total initial cost of CAD $120,000 [2] - Skyharbour holds a significant portfolio of uranium exploration projects in Canada's Athabasca Basin, covering over 616,000 hectares [3] - The company has acquired a 100% interest in the Moore Uranium Project, which is an advanced-stage exploration property with high-grade uranium mineralization [3] - Skyharbour has joint ventures with industry leaders and has signed earn-in option agreements totaling over $36 million in partner-funded exploration expenditures [4][5] Company Overview - Skyharbour Resources Ltd. is focused on maximizing shareholder value through new mineral discoveries and long-term partnerships [6] - The company operates in geopolitically favorable jurisdictions, enhancing its strategic positioning in the uranium market [6]
Global Uranium Corp. Finalizes Contractor and Work Plans for Field Program at the Airline Project in Wyoming, USA
Globenewswire· 2025-10-07 12:00
Core Insights - Global Uranium Corp. has finalized work plans and selected Big Rock Exploration as the contractor for the upcoming field program at the Airline Project in Wyoming [1][3] - The field program is set to begin in October and will involve a three-person crew focusing on radiometric surveying, geological mapping, and surface sampling [2] - The program aims to validate previously identified radiometric anomalies and favorable geological conditions [2][3] Company Overview - Global Uranium Corp. is focused on exploring and developing uranium assets primarily in North America, with key projects in Saskatchewan, Canada, and Wyoming, USA [5] - The company holds significant uranium projects including the Wing Lake Property, the Northwest Athabasca Joint Venture, and various projects in the Copper Mountain District [5]
Collective Metals Announces Acquisition of Rocas Uranium Project in the Renowned Athabasca Basin
Globenewswire· 2025-09-29 12:00
Core Viewpoint - Collective Metals Inc. has signed a definitive property option agreement to acquire a 75% interest in the Rocas Project, a significant uranium asset located in the eastern Athabasca Basin, which is expected to enhance long-term shareholder value [1][3]. Rocas Project Highlights - The Rocas Project spans 4,002 hectares and is strategically located 75 kilometers southwest of the Key Lake Mine, featuring over 7.5 kilometers of exploration strike length along a magnetic low trend [4][5]. - 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 on these occurrences [5][23]. - A high-resolution ground gravity survey completed in 2024 has identified potential new uranium targets, highlighting alteration halos and high-priority exploration areas [3][10]. Exploration Plans - The exploration team mobilized to the Rocas Project on September 30, 2025, to conduct detailed mapping, prospecting, and sampling to validate historical uranium showings [8]. - Collected samples will undergo geochemical analysis at the Saskatchewan Research Council Geoanalytical Laboratories [8]. - Ongoing geophysical interpretation and modeling throughout 2025 will integrate historical results with new datasets to identify high-priority drill targets [10]. Financial and Operational Structure - The option agreement includes a 3-year earn-in structure, requiring cash payments, share issuances, and exploration expenditures totaling $4.5 million [12][14]. - The company will act as the operator of the project during the first year, charging a fee that increases from 10% to 12% in subsequent years [15]. - Upon successful completion of the option, the company will acquire a 75% equity interest in the property, with Standard Uranium retaining a 25% interest and a 2.5% net smelter returns royalty [16][17].
Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on The San Rafael Swell, Utah, United States
Globenewswire· 2025-09-24 12:45
Core Viewpoint - Terra Clean Energy Corp has entered into definitive agreements to acquire up to a 100% interest in the Wheel Anne Claims and the Green Vein Mesa Claims located in Emery County, Utah, demonstrating the company's commitment to expanding its portfolio of uranium assets [1][2]. Acquisition Details - For the Wheal Anne Claims, the company will make cash payments totaling USD$233,333, issue 2,500,000 common shares, and incur exploration expenditures of USD$300,000 over five years to earn a 100% interest [3]. - For the Green Vein Mesa Claims, the company will make cash payments totaling USD$116,667, issue 1,250,000 common shares, and incur exploration expenditures of USD$66,667 over five years to earn a 100% interest [4][5]. - Both claims are subject to a 2% net royalty retained by the vendors, with options for Terra Clean to purchase 50% of the royalties for USD$666,666 and USD$333,334 respectively [3][5]. Regulatory and Compliance - The agreements are contingent upon receiving all necessary regulatory approvals, including from the Canadian Securities Exchange, with the "Effective Date" being the date all approvals are received [6]. - All securities issued in connection with these agreements will be subject to a four-month plus one day hold period in accordance with applicable securities laws [7]. Marketing Initiatives - Terra Clean has engaged Green Crescent Capital for marketing services, with a one-time fee of USD$5,000 for a one-month term to enhance investment community awareness [8]. - The company has also contracted OTCWagon for a 38-day market awareness program, with a fee of C$7,500, to comply with CSE policies [9]. Company Overview - Terra Clean Energy is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project in Saskatchewan and past-producing uranium mines in Emery County, Utah [10].