CALGARY, Alberta, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce that it has finalized work plans and selected Big Rock Exploration (“BRE”) as contractor for the upcoming field program at the Airline Project, located in the Copper Mountain District of Wyoming. The program is scheduled to commence in October and will be carried out by a three-person crew, including a project manager and two geotechnicians. The team will spend ...

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].

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].

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 low-risk 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 subject to regulatory approvals, including the approval of the Canadian Securities Exchange, with the "Effective Date" being the date all such approvals are received [6]. - All securities issued in connection with these agreements will be subject to a four-month plus one day hold period from the date of issuance [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].

Core Viewpoint - Standard Uranium Ltd. is initiating a diamond drill program at its flagship Davidson River project in the southwest Athabasca Basin, Saskatchewan, alongside a non-brokered private placement to raise up to C$3,500,000 for exploration and working capital [1][5]. Group 1: Drill Program and Exploration - The drill program at Davidson River is a culmination of over three years of preparation, with the company expressing excitement about the upcoming drilling activities [3][12]. - The project covers 30,737 hectares and is located in a highly prospective area for basement-hosted uranium deposits, situated along trend from significant uranium discoveries [10][15]. - The company has secured all necessary drill permits and signed Exploration Agreements with the Clearwater River Dene Nation, with drilling scheduled to commence in early September 2025 [7][12]. Group 2: Private Placement Details - The private placement will consist of units priced at C$0.08 and flow-through units at C$0.10, with each unit including one common share and one-half of a common share purchase warrant [4]. - The net proceeds from the offering will be allocated for exploration of the company's projects and for working capital purposes [5]. Group 3: Multiphysics Survey and Targeting - Standard Uranium, in partnership with Fleet Space Technologies, has completed the first Exosphere Multiphysics survey in the southwest Athabasca Uranium District, providing critical targeting information for the upcoming drill program [7][11]. - The survey utilized advanced geophysical data collection methods, which will enhance the targeting of high-priority areas for uranium mineralization [11][12]. - The company plans to integrate data from previous drill campaigns with new survey results to refine drill targets for the summer program [14][18].

Core Viewpoint - Myriad Uranium Corp. is actively advancing its uranium exploration projects, particularly the Copper Mountain Uranium Project in Wyoming and the Red Basin Project in New Mexico, with significant upcoming catalysts that could enhance resource estimates and project economics [1][4][6]. Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project and a 100% interest in the Red Basin Project [1][5]. - The Copper Mountain project has historical significance, with past production from the Arrowhead Mine totaling 500,000 lbs of U₃O₈ during the 1950s and 60s [5]. - Approximately 2,000 boreholes have been drilled at Copper Mountain, with Union Pacific having invested an estimated US$78 million in exploration and development [6]. Upcoming Catalysts - An important upcoming catalyst is the assay of around 1,500 additional samples from late 2024 drilling at Copper Mountain, which could confirm new mineralization and enhance resource estimates [4]. - Positive assay results could significantly improve grades and interval thicknesses, potentially positioning Copper Mountain as one of the largest uranium projects in the U.S. [6]. Project Details - The Red Basin Project contains shallow historical uranium resources and offers strong potential for resource expansion, with a planned geophysical survey in 2025 [6]. - Myriad has also expanded its acreage to encompass approximately 800 of 1,050 historical boreholes in the Red Basin [6]. Investor Engagement - Myriad's CEO, Thomas Lamb, will present at the Metals & Mining Virtual Investor Conference on July 24, 2025, providing an opportunity for real-time investor engagement [1][2].

Core Insights - Premier American Uranium Inc. has initiated its 2025 exploration drill program at the Cyclone ISR Uranium Project in Wyoming, following a successful inaugural drill campaign in 2024 that confirmed uranium mineralization in multiple areas [1][3] - The 2025 drill program aims to build on historic drilling and 2024 results by infilling and testing priority areas of known mineralization, with a focus on the Cyclone Rim target [1][3][7] Company Overview - Premier American Uranium is focused on the consolidation, exploration, and development of uranium projects in the United States, with significant land holdings in three prominent uranium-producing regions: Grants Mineral Belt in New Mexico, Great Divide Basin in Wyoming, and Uravan Mineral Belt in Colorado [12][13] - The company holds 1,161 unpatented mining claims and 9 State leases, covering approximately 26,180 acres in the Cyclone Project area [4] Industry Context - Wyoming has been a leader in uranium mining in the U.S. since 1995, producing over 238 million pounds of uranium concentrate since the first mines began operating in 1951 [5] - The state contains the largest known economic uranium ore reserves in the U.S., located in regions such as the Powder River Basin and Great Divide Basin [5] Exploration Details - The 2025 drill program includes 25 mud rotary drillholes planned for the Cyclone Rim target, targeting an average depth of 800 feet, totaling approximately 20,000 feet of drilling [7] - Results from the 2024 program identified uranium mineralization along a ½-mile-long trend at the Cyclone Rim target, with notable intercepts such as 0.088% eU₃O₈ over 10.5 feet [7]

Core Viewpoint - GABO Mining Ltd. has entered into a lease agreement for two advanced-stage uranium exploration projects in Utah and New Mexico, reflecting a strategic shift towards uranium exploration and development, alongside a planned rebranding to GAMMA Resources Ltd. [1][2] Group 1: Lease Agreement Details - The lease agreement grants a four-year lease with an exclusive option to purchase the projects [1] - Initial consideration includes USD 50,000 upon signing and USD 200,000 payable within 120 days of execution [9] - Annual lease payments of USD 250,000 are due on each of the first three anniversaries [9] - The option to purchase both project areas for USD 1.8 million can be exercised at any time during the lease term [9] - No production royalty or minimum work obligation is required from the vendor [9] Group 2: Project Descriptions - The Green River Project in Utah consists of 41 unpatented lode mining claims targeting uranium mineralization in the Morrison Formation [3] - The project is adjacent to Western Uranium Vanadium Corp's San Rafael Project and is located 11 km from a processing plant [3] - Historical data indicates nearby deposits have a combined total indicated resource of 3,404,593 lbs and an inferred resource of 1,859,532 lbs U3O8 [3] - The Mesa Arc Project in New Mexico also includes 41 lode mining claims with historical uranium production documented [3] - An internal resource estimate from 2006 suggested 2.5 to 3.0 million pounds of U3O8 on the Mesa Arc Project claims [3] Group 3: Strategic Focus and Future Plans - The company aims to build a U.S.-based portfolio of high-impact uranium assets with ISR potential [10] - Fieldwork is planned to initiate in Q2 2025 as part of advancing towards North American uranium supply [10] - The rebranding to GAMMA Resources Ltd. aligns with the mission to support U.S. energy security and low-carbon transition [2]