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Nexus Uranium Appoints Jon Winter to Advisory Board
Newsfile· 2025-12-10 11:00
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce the appointment of Jon Winter to the Company's Advisory Board, effective December 1st, 2025.Mr. Winter brings more than 40 years of experience in environmental permitting, regulatory affairs, and mine-site operations across North America and Central America. His appointment strengthens Nexus' advisory capabilities as the Company adva ...
Global Uranium Corp. Announces Termination of NWA Option Agreement
Globenewswire· 2025-12-10 00:56
Core Insights - Global Uranium Corp. has terminated its option agreement with Forum Energy Metals Corp. regarding the Northwest Athabasca uranium project, resulting in no current interest in the project [1][2] - The company will focus its resources on its property interests in Wyoming and Saskatchewan, particularly the Airline 2 property and the Astro Project, which have shown promising exploration potential [1][2] Company Strategy - The decision to terminate the agreement was made after a strategic review of the company's asset portfolio, emphasizing a shift towards properties that offer greater exploration advancement opportunities [2] - The company aims to concentrate capital and resources on the Airline and Astro projects to enhance future progress and value creation [2] Project Highlights - A recent radiometric survey on the Airline 2 property in Wyoming identified key uranium anomalies, indicating potential for significant exploration [1] - The Astro Project in the Eastern Athabasca Basin has revealed a ~25-kilometre northeast-trending conductive corridor through a 1,480-line-kilometre helicopter-borne ZTEM survey, suggesting further exploration upside [1]
Foremost Clean Energy Announces Upcoming Ground-Based Gravity Survey at its Hatchet Lake Uranium Project, Athabasca Basin, Saskatchewan
Globenewswire· 2025-12-04 13:30
Core Viewpoint - Foremost Clean Energy Ltd. is initiating a ground-based gravity survey at its Hatchet Lake Uranium Property to refine geological models and enhance future drilling programs [1][3]. Survey Details - The gravity survey will consist of approximately 788 gravity stations, collected at 100-meter intervals on 200-meter line spacing, focusing on priority structural corridors along the southeast extension of the Richardson Trend [4]. - The survey aims to identify gravity lows and gradients associated with hydrothermal alteration halos and fault-controlled fluid pathways, prioritizing gravity anomalies that overlap with graphitic shear zones and geochemical anomalies for drill testing [7]. Richardson Trend - The Hatchet Lake Project encompasses a significant portion of the Richardson Trend, which is known for hosting uranium mineralization and has over 6 km of under-tested conductor strike length [6]. - The structural setting of the Richardson Trend is similar to other major uranium systems in the eastern Basin margin, such as the La Rocque Corridor, which hosts notable deposits [6]. Historical Context - Previous drilling along the Richardson Trend by Denison Mines Corp. revealed multiple uranium-bearing intervals, with significant results including 1.52% U₃O₈ over 0.15 m and 0.45% U₃O₈ over 2.3 m [10][7]. - The results from the gravity survey are expected to directly influence the upcoming winter 2026 drill program, ensuring a focused and data-driven approach [3][8]. Company Overview - Foremost Clean Energy Ltd. is a growing North American uranium and lithium exploration company, holding an option to earn up to 70% interest in 10 uranium properties across over 330,000 acres in the Athabasca Basin [12]. - The company is committed to systematic exploration programs in collaboration with Denison Mines, aiming to make significant discoveries in the uranium sector [12].
Myriad Uranium Completes Large-Scale Radiometric and Magnetic Geophysical Survey Across Its Copper Mountain Project
Newsfile· 2025-12-04 10:45
Core Insights - Myriad Uranium Corp. has completed a large-scale helicopter-borne radiometric and magnetic survey across its Copper Mountain Uranium Project, marking a significant step in understanding the project's potential [1][2][3] Survey Details - The geophysical survey was conducted by Precision Geosurveys using an Airbus AS350 helicopter, covering approximately 191.8 km² with 2,114 line-kilometers completed at 100 m line spacing [4] - Magnetic data was collected using a cesium vapor airborne magnetometer with a sensitivity better than 0.01 nT and a sampling rate of 20 Hz, while radiometric data was collected using a gamma spectrometer system [5] - Preliminary uncorrected magnetic and radiometric images have been received, with final processed data expected in January 2026 [6] Historical Context - The historical data set includes a 1982 Bendix study estimating the broader district's contained uranium at approximately 655 million pounds, with the "Contral Area" controlled by Myriad estimated at around 245 million pounds [3] - The survey aims to illuminate previously underexplored areas at Copper Mountain, enhancing the understanding of the Bendix findings [3] Company Background - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project, which has known uranium deposits and historic mines, including the Arrowhead Mine that produced 500,000 lbs of U3O8 [11] - The project has significant exploration upside, with Union Pacific having spent approximately C$117 million (2024 dollars) on exploration and development [11]
Nexus Executes Agreement to Acquire 100% Interest in Chord Uranium Project
Newsfile· 2025-12-02 11:00
Nexus Executes Agreement to Acquire 100% Interest in Chord Uranium ProjectDecember 02, 2025 6:00 AM EST | Source: Nexus Uranium Corp.Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce it has executed a mineral property purchase agreement (the "Agreement") to immediately acquire a 100% interest in the Chord uranium project (the "Chord Property"), located in Fall River Coun ...
Foremost Clean Energy Receives 3-Year Exploration Permit and Announces Gravity Survey at Turkey Lake Uranium Project, Athabasca Basin, Saskatchewan
Globenewswire· 2025-12-01 13:00
Core Viewpoint - Foremost Clean Energy Ltd. has received a three-year exploration permit for its Turkey Lake Uranium Project, allowing for extensive exploration activities, including a ground-based gravity survey set to begin in December 2025, aimed at refining drill targets for a planned 2026 drilling program [1][2][3]. Exploration Permit and Project Overview - The Saskatchewan Ministry of Environment has issued a three-year exploration permit for the Turkey Lake Uranium Project, valid until December 31, 2028, permitting up to 75 drill holes and related exploration activities [1]. - The Turkey Lake Property spans 9,363 acres (3,789 hectares) and is strategically located along the eastern edge of the Athabasca Basin, featuring shallow unconformity depths of less than 50 meters and a 10-kilometer conductor system that remains largely untested [7][8]. Gravity Survey Details - A ground-based gravity survey will commence in December, consisting of approximately 1,312 stations collected at 100-meter intervals across a priority NE-trending conductive corridor [4][6]. - The survey aims to identify gravity lows associated with hydrothermal alteration and to map fault-controlled fluid pathways, enhancing the geological model for future drilling [6][13]. Historical Context and Mineralization - Historical exploration by Gulf Minerals, Cameco, and Denison between 1978 and 2010 has identified multiple zones of unconformity-associated uranium mineralization at Turkey Lake, including notable intercepts of 0.16% U₃O₈ over 0.6 meters and 0.12% U₃O₈ over 0.5 meters [3][12][8]. - The results from past drilling confirm a fertile uranium-bearing fluid system along the Turkey Lake conductive corridor, indicating significant basement potential that remains largely untested [8]. Future Plans - The results from the gravity survey will be integrated with existing datasets to prioritize drill targets for the projected 2026 drill program, focusing on both unconformity and basement-hosted uranium targets [13].
Standard Uranium Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
Newsfile· 2025-11-27 12:30
Core Insights - Standard Uranium Ltd. has received exploration permits for the Corvo Uranium Project and plans to initiate a ground gravity survey and drilling program in early 2026 [1][3]. Exploration and Survey Details - The company has contracted MWH Geo-Surveys to conduct a 50 m x 200 m ground gravity survey over 29 km, which will help identify density anomalies related to uranium mineralization [2]. - The gravity survey will consist of over 5,000 individual gravity measurement stations and is expected to refine target areas for drilling [2][4]. - A diamond drill program totaling approximately 3,000 meters is planned for winter 2026, marking the first drilling activity on the project in over 40 years [3]. Historical Findings and Assays - Previous outcrop grab samples from the Manhattan Showing returned uranium assays as high as 8.10% U3O8, indicating significant mineralization potential [3][7]. - The company identified zones of off-scale radioactivity and developed new drill targets based on previously undocumented radioactive occurrences [7]. Project Location and Potential - The Corvo Project is strategically located 60 km east of Cameco's McArthur River mine and 45 km northeast of Atha Energy's Gemini Mineralized Zone, suggesting a favorable geological setting for uranium exploration [8][9]. - The project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, similar to other successful deposits in the region [9]. Technical and Analytical Methods - Ongoing geophysical interpretation and modeling are being conducted to integrate historical and new data, which will aid in identifying high-priority drill targets [6]. - Samples collected for analysis are being processed at SRC Geoanalytical Laboratories, ensuring quality control and reliable results [11].
F3 Engages Connect 4 Marketing
Newsfile· 2025-11-26 21:39
Core Insights - F3 Uranium Corp. has entered into a digital marketing services agreement with Connect 4 Marketing Ltd. to enhance its marketing efforts in English and German markets [1][2] - The agreement spans 12 months starting November 28, 2025, with an option for extension [2] - The total cost of the agreement can reach up to $500,000 CAD, including an initial upfront payment of $100,000 CAD [3] Company Overview - F3 Uranium Corp. is focused on uranium exploration, particularly in the high-grade JR Zone of its Patterson Lake North Project located in the Western Athabasca Basin [5] - The company holds three properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach, which is known for hosting some of the world's largest high-grade uranium deposits [5]
Nexus Uranium Joins South Dakota Mineral Industries Association
Newsfile· 2025-11-25 11:00
Company Overview - Nexus Uranium Corp. has become a member of the South Dakota Mineral Industries Association (SDMIA), enhancing its position in the uranium sector in South Dakota [1][2] - The company controls two strategic uranium projects in South Dakota, positioning it as a significant stakeholder in the state's uranium development [2] Industry Context - The membership with SDMIA reflects the company's commitment to responsible mineral development and collaboration with industry partners, local communities, and policymakers [3] - This development occurs as the United States aims to strengthen its domestic critical mineral supply chains, with uranium being vital for energy security and the transition to clean energy [3] Additional Information - The SDMIA, established in 2022, advocates for safe, sustainable, and responsible mineral resource development in South Dakota [4] - Nexus Uranium holds five uranium projects across the United States, including locations in South Dakota, Wyoming, and Utah, and has a project in the Athabasca Basin of Canada [5] - Following a merger with Basin Uranium Corp., Nexus has consolidated advanced-stage uranium assets to meet the growing demand for nuclear energy and domestic uranium production [6]
Refined Energy Corp. to Amend Expiry Date of Warrants
Globenewswire· 2025-11-21 23:25
Core Points - Refined Energy Corp. has announced an extension of the expiry date for 2,585,835 outstanding common share purchase warrants by one year, moving the expiry from November 29, 2025, to November 29, 2026 [1][2] - The warrants were originally issued on November 29, 2021, as part of a private placement at a price of $0.12 per unit, with each unit consisting of one common share and one warrant exercisable at $0.15 until the original expiration date [2] - The company aims to provide warrant holders with an extended opportunity to exercise their warrants and participate in the company's ownership, while also allowing the company to receive proceeds from any warrant exercises [3] Warrant Details - The warrants are currently exercisable at $0.60 per share due to two consolidations of the company's securities that occurred on June 30, 2022, and February 15, 2024 [3] - The amendment is considered a "related party transaction" as two insiders hold a total of 35,833 warrants, with the CEO holding 21,250 and the CFO holding 14,583 [4] - The company is relying on exemptions from formal valuation and minority approval requirements due to the fair market value of the transaction being less than 25% of the company's market capitalization [4] Company Overview - Refined Energy Corp. is a Canadian exploration company focused on uranium and critical energy metal projects in tier-one jurisdictions, with projects located in Saskatchewan's Athabasca Basin region [5]