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Foremost Clean Energy Completes Highly Successful Exploration Drill Program at Hatchet Uranium Property and Provides Corporate Update
Globenewswire· 2025-05-15 13:00
Highlights include: Anomalous radioactivity was detected in 6 out of 10 completed drill holes, assay results are pendingAt Tuning Fork, identification of an extensive hydrothermal system, strong alteration halo, and anomalous radioactivity surrounding drill hole TF-25-16At Richardson, uranium mineralization was extended 50-metres along the Richardson conductor in drill hole RL-25-32 confirming system’s growth potential VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. ...
Exploration Program for the Flagship Pine Ridge Uranium Project In Wyoming's Prolific Powder River Basin
Newsfile· 2025-05-15 11:00
Core Viewpoint - Snow Lake Resources Ltd. has announced an exploration program for the Pine Ridge Uranium Project in Wyoming, with a focus on identifying priority targets and initiating a drill program of approximately 38,000 meters starting in July 2025 [1][3]. Group 1: Project Overview - The Pine Ridge Uranium Project is a joint venture between Snow Lake and Global Uranium and Enrichment Limited, with both companies holding a 50/50 stake [1]. - The project area has been expanded to approximately 15,130 hectares (37,387 acres) through the staking of an additional 937 claims [4]. - The exploration program will utilize existing historical data and public information to develop a comprehensive 3D geological model of the mineralization [4][6]. Group 2: Exploration Program Details - The initial drill program will focus on priority target areas, with approximately 38,000 meters (125,000 feet) of drilling planned [5][6]. - The drill program is expected to commence shortly after permit approvals, anticipated in late June 2025 [9]. - The project is located in the Powder River Basin, a leading uranium-producing region in the U.S., known for its favorable regulatory environment [6][10]. Group 3: Historical Context and Support - Historical drilling campaigns in the project area have included 765 holes by Conoco and 449 holes by Stakeholder Energy, contributing to the geological understanding of the site [7]. - The project is supported by significant geological studies, including the measurement of 350 sandstone outcrops to understand the geological characteristics of the area [8]. - SOLA Project Services will provide technical and project support, leveraging over 25 years of experience in the Powder River Basin [9].
Mustang Energy Corp. Acquires Nucleus Uranium Ltd.
Globenewswire· 2025-05-14 21:29
VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has completed the acquisition of Nucleus Uranium Ltd. (“Nucleus”), an arm’s length British Columbia-based uranium company, pursuant to a share exchange agreement dated May 5, 2025 (the “Agreement”) among the Company, Nucleus, and Golden Mile Resources Corp. (the “Shareholder”), the former sole shareholder of Nucleus. Nucleus, now a whol ...
Standard Uranium Announces Signing of Definitive Agreement to Option Corvo Project in Eastern Athabasca Basin
Newsfile· 2025-05-09 11:30
Standard Uranium Announces Signing of Definitive Agreement to Option Corvo Project in Eastern Athabasca BasinMay 09, 2025 7:30 AM EDT | Source: Standard Uranium Ltd.Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce that it has signed a definitive property option agreement (the "Option Agreement"), dated May 8, 2025, with Vital Battery Metals Inc. (CSE: VBAM) (O ...
Standard Uranium and Aero Energy Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin
Newsfile· 2025-05-07 11:00
Standard Uranium and Aero Energy Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin Additional Targets Emerging in Underexplored Rocks May 07, 2025 7:00 AM EDT | Source: Standard Uranium Ltd. Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce the completion of an extensive high-resolution ground gravity survey across three target a ...
Mustang Energy Corp. Agrees to Acquire Nucleus Uranium Ltd.
Globenewswire· 2025-05-05 21:31
Core Viewpoint - Mustang Energy Corp. has entered into a share exchange agreement to acquire Nucleus Uranium Ltd., which includes the Nucleus Saskatchewan project, expanding its uranium asset portfolio [1][2]. Acquisition Terms - The acquisition involves Mustang issuing 9,000,000 common shares at a deemed price of $0.26 per share to acquire all outstanding Nucleus Shares, making Nucleus a wholly-owned subsidiary [2]. - The transaction is not expected to result in a change of control for Mustang Energy Corp. [3]. Conditions for Completion - The acquisition is subject to standard conditions, including necessary approvals from the CSE and the absence of any material adverse changes in Nucleus's business [4]. - The anticipated completion date for the acquisition is May 26, 2025 [4]. Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, holding a total of 92,211 hectares in the Athabasca Basin [5]. - The company has several projects in the region, including the Ford Lake project (7,743 hectares) and the Yellowstone Project (21,820 hectares) [5].
Foremost Clean Energy Reports New Discovery of Uranium Mineralization at Hatchet Lake Property
Globenewswire· 2025-05-01 12:30
Core Insights - Foremost Clean Energy Ltd. announced the discovery of uranium mineralization in drill hole TF-25-16, which intersected 0.10% eU3O8 over 6.5 metres within a 15-metre wide interval of alteration at the Hatchet Lake Uranium Project [1][4] - The ongoing drilling campaign is part of a $6.5 million exploration budget for 2025, focusing on high-priority target areas across the uranium project portfolio [4] Company Developments - The discovery at Hatchet is attributed to a strategic collaboration with Denison Mines Corp., which provided valuable historical exploration data [2] - Foremost is prioritizing follow-up on the new mineralization while testing additional targets defined by Denison's groundwork [2] - The company appointed Shayla Forster as Corporate Secretary, effective May 1, 2025, to enhance corporate governance and compliance as it advances its uranium projects [12] Technical Details - Drill hole TF-25-16 was completed to a depth of 251 metres and is located approximately 1 km SSW of a historic drill hole that showed weakly elevated uranium mineralization [5] - The mineralization in TF-25-16 is associated with strong clay-hematite-chlorite alteration and remains open along strike, across strike, and at depth, indicating potential for expansion [7][13] - The initial results from the drill program include multiple mineralized intervals, with highlights such as 0.22% eU3O8 over 0.9 metres [4][6] Exploration Context - Foremost holds an option to earn up to a 70% interest in 10 prospective uranium properties in the Athabasca Basin, which is known for its rich uranium deposits [16] - The company's uranium projects are at various stages of exploration, from grassroots to drill-ready targets, aligning with the growing demand for carbon-free energy [16]
Global Uranium Advances Athabasca Basin Exploration with Launch of ZTEM Survey at Astro Project
Globenewswire· 2025-04-30 12:00
ZTEM Survey to Map Deep Conductive Targets Across Underexplored Uranium Corridor Near McArthur River MineCALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the "Company" or “Global”) and Cosa Resources Corp. (TSX-V: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa”) are pleased to announce that geophysical surveying has commenced at the Astro Uranium Project in the eastern Athabasca Basin, Saskatchewan. This fully funded program marks the first phase of Glo ...
Skyharbour Partner Company Terra Clean Energy Plans Summer Drill Program at the South Falcon East Uranium Project
Globenewswire· 2025-04-29 12:30
https://skyharbourltd.com/_resources/maps/Sky_SouthFalconEast_20250109.jpg?v=1 Terra is planning an extensive drill program for the summer of 2025 consisting of approximately 2,500 metres of drilling. The purpose is to test an area highlighted in the Winter 2025 program where it is interpreted that a north-northwest trending brittle structure, a north dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal hematite alteration hosted in graphitic pelitic gneiss all interse ...
Pine Ridge Project Significantly Expanded
Newsfile· 2025-04-29 11:00
Core Viewpoint - Snow Lake Resources Ltd. has significantly expanded its landholding at the Pine Ridge Uranium Project through a joint venture with Global Uranium and Enrichment Limited, enhancing its strategic position in the Powder River Basin, a key area for uranium production in the U.S. [1][2] Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on NASDAQ under the ticker LITM, focusing on critical minerals and clean energy projects [7]. Pine Ridge Uranium Project - The Pine Ridge Uranium Project is an advanced In-Situ Recovery (ISR) uranium project located in the southwestern Powder River Basin of Wyoming, which is recognized as the premier U.S. uranium basin [2]. - The project is strategically located near existing uranium projects held by UEC and Cameco, and approximately 15 km from Cameco's Smith Ranch Mill, which has a licensed capacity of 5.5 million pounds of U3O8 per annum [2]. Landholding Expansion - The Pine Ridge landholding has been expanded by approximately 85%, adding 937 new claims that cover around 7,045 hectares (17,408 acres) of previously unclaimed Federal mineral parcels [5]. - The total landholding for Pine Ridge now amounts to approximately 15,130 hectares (37,387 acres) [5]. Geological Potential - Historical drilling and recent geological modeling indicate strong potential for further uranium mineralization in the area, with updated modeling suggesting an increase in prospective strike length from approximately 225 km to nearly 435 km [3].