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Terra Clean Energy Corp. Drills 18 meters of 0.03% U3O8 at the South Falcon East Uranium Project
Thenewswire· 2025-07-21 11:30
Core Insights - Terra Clean Energy Corp. has announced the results of its Winter 2025 drill program and plans for a follow-up summer drill program at the South Falcon East Uranium Project, which includes the Fraser Lakes B Uranium Deposit [1][13]. Winter 2025 Drill Program Results - The Winter 2025 drill program involved seven diamond drill holes totaling 1,927 meters, with 682 samples submitted for geochemical analysis [3][4]. - Significant uranium mineralization was identified in several drill holes, particularly SF0065 and SF0067, with SF0065 returning 18.1 meters at 0.03% U3O8, including a sub-interval of 0.12% U3O8 over 1.6 meters [5][6]. - The results from the lab analysis typically showed wider intervals of mineralization with higher grades compared to previous downhole gamma logging results, with variations ranging from +5% to +30% [7]. Upcoming Summer 2025 Drill Program - The summer drill program is planned for mid-late summer 2025, consisting of approximately 2,500 meters of drilling to test areas identified in the Winter 2025 program [13][15]. - The program will target a location where multiple geological indicators for higher-grade uranium mineralization intersect, including brittle structures and mineralized pegmatites [14][16]. - The expected budget for the summer program is approximately $2.0 million CAD [15]. Project Background - The South Falcon East Project covers approximately 12,464 hectares and is located 18 kilometers outside the Athabasca Basin, approximately 50 kilometers east of the Key Lake Mine [19][21]. - The project contains the Fraser Lakes B Uranium Thorium Deposit, with a historic inferred mineral resource of 6.9 million pounds U3O8 at a grade of 0.03% U3O8 [20].
F3 - Increases Mineralized Strike Length of Tetra Zone System to 1.2km
Newsfile· 2025-07-21 09:00
Core Insights - F3 Uranium Corp has increased the mineralized strike length of the Tetra Zone System to 1.2 km following geochemical results from historic drill holes on the Broach property, which returned 423 ppm uranium over 0.5 m [1][2][3] Group 1: Geochemical Analysis - The re-logging of historic drill holes, including PAT-16-002, revealed intense clay alteration and silicification, indicating proximity to uranium mineralization [2][3] - Drill hole PAT-16-002, located 1.2 km southeast of the Tetra Zone, returned 423 ppm uranium over a 0.5 m interval, marking the highest uranium value recorded outside the JR and Tetra Zones [3][5] - The analysis of historic drill core samples has shown strong clay alteration and high uranium values, reinforcing the potential for an expansive mineralized system along the strike from Tetra [3] Group 2: Project Overview - The Patterson Lake North Project, which encompasses the Broach property, is strategically located near significant high-grade uranium deposits, positioning it as a key area for future uranium operations in northern Saskatchewan [10][12] - F3 Uranium Corp holds a 100% ownership of the 42,961-hectare Patterson Lake North Project, which includes the JR Zone and the newly discovered Tetra Zone [10][12]
F4 Announces OTCQB Listing and Receives DTC Eligibility
Newsfile· 2025-07-21 09:00
Core Points - F4 Uranium Corp. is now listed on the OTCQB Exchange to enhance visibility and capital access, which is expected to attract more investor interest and improve trading liquidity [1][2] - The company's common shares began trading on the OTCQB under the symbol "FFUCF" as of June 21, 2025, while continuing to trade on the Toronto Stock Exchange (TSX) [2] - F4 Uranium is focused on uranium exploration in the Athabasca Basin, which is known for having the world's largest high-grade uranium deposits and contributes approximately 20% of global uranium supply [3] Company Overview - F4 Uranium holds a 100% interest in 17 properties in the Athabasca Basin, managed by a successful technical and management team with a long history in the region [3]
F3 - Hits 13.7% U3O8 Over 2.5m Within 5.5% Over 7.5m at JR
Newsfile· 2025-07-16 09:00
Core Insights - F3 Uranium Corp has announced significant assay results from its 2024 drilling program at the JR Zone, including a notable intersection of 2.5m at 13.7% U3O8 within a broader interval of 13.0m at 3.2% U3O8 [1][6][7] - The company has engaged SLR International Corporation to conduct a maiden resource estimate for the Patterson Lake North Project, expected to be completed in Q4 2025 [3][15] - The exploration results indicate a complex geological setting with multiple high-priority targets remaining untested, particularly in the A1 Extension and B1 areas [2][7] Exploration Highlights - The drilling results from PLN24-184 included 13.0m at 3.2% U3O8, with a high-grade core of 2.5m at 13.7% U3O8, and additional significant intersections reported in PLN24-185 and PLN24-187 [1][6][7] - Elevated uranium values were also recorded in PLN14-019, which helped prioritize the A1 conductor hosting the JR Zone [2] - The exploration program continues to identify anomalous intersects across various areas, indicating the potential for further discoveries [2][7] Project Overview - The Patterson Lake North Project spans 42,961 hectares and is strategically located near other high-grade uranium deposits in the Athabasca Basin, positioning it as a key area for future uranium operations [15][17] - The project includes the JR Zone discovery and the newly identified Tetra Zone, which is located 13km south of the JR Zone [15][17] - The company is focused on advancing the JR Zone from discovery to a defined resource, with ongoing drilling activities planned [7][15]
Nuclear Fuels Announces Filing and Mailing of Special Meeting Materials in Connection with Proposed Arrangement with Premier American Uranium
Prnewswire· 2025-07-15 22:19
Core Viewpoint - Nuclear Fuels Inc. is moving forward with a proposed arrangement to be acquired by Premier American Uranium Inc., with shareholders set to receive shares in the acquiring company [1][2]. Company Overview - Nuclear Fuels Inc. is a uranium exploration company focused on advancing early-stage, district-scale in-situ recovery (ISR) uranium projects towards production in the U.S. [5] - The company has consolidated the Kaycee district under single-company control for the first time since the early 1980s and is planning a 2025 drill program following successful drilling in 2023 and 2024 [5]. - The strategic relationship with enCore Energy Corp. provides a pathway to production, with enCore holding an equity interest and the right to back-in to 51% ownership in the Kaycee Project [5]. Arrangement Details - A special meeting of Nuclear Fuels shareholders is scheduled for August 13, 2025, to vote on the Arrangement Resolution, which involves Premier American Uranium acquiring all issued and outstanding common shares of Nuclear Fuels [2][4]. - Each shareholder will receive 0.33 of a common share of Premier American Uranium for each share of Nuclear Fuels held, establishing the Exchange Ratio [2]. Board Recommendation - The Board of Directors of Nuclear Fuels recommends that shareholders vote in favor of the Arrangement Resolution, with further details provided in the management information circular [3]. Meeting Logistics - The meeting will take place at the offices of Morton Law LLP in Vancouver, BC, and only shareholders of record as of July 7, 2025, are eligible to vote [4]. - Meeting materials are available under Nuclear Fuels' profile on SEDAR+ [4].
F3 Engages Resource Stock Digest
Newsfile· 2025-07-11 23:00
Group 1 - F3 Uranium Corp. has entered into a marketing services agreement with Resource Stock Digest for promotional services effective July 21, 2025 [1][2] - The agreement involves a 3-month advertising and marketing program with a total cash consideration of USD $75,000, payable upon approval by the Exchange [2] - RSD will not receive common shares or options as compensation, and there are no performance factors in the agreement [3] Group 2 - F3 Uranium is focused on uranium exploration, particularly on the high-grade JR Zone at its Patterson Lake North Project 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]
Stallion Uranium Enters into Technology Data Acquisition Agreement
Globenewswire· 2025-07-08 11:30
Core Viewpoint - Stallion Uranium Corp. has entered into a technology data acquisition agreement to enhance exploration efforts in the Athabasca Basin, utilizing proprietary technology for mineral exploration [1][3]. Technology Overview - The technology, known as Haystack, includes an intelligent Geological Target Identification platform called Matchstick TI, which utilizes machine learning to improve mineral exploration [3]. - Haystack's predictive technology boasts a 77% accuracy rate in predicting target locations, significantly reducing financial risk and accelerating discovery [3]. - The technology is designed to analyze vast datasets from historical and modern exploration programs, allowing the company to identify previously overlooked opportunities [3]. Agreement Details - The agreement grants Stallion a non-exclusive, non-transferable right to access the technology for a 12-month term, covering approximately 1,400 square kilometers in the Athabasca Basin [4]. - In exchange for the technology lease, Stallion will issue 5,000,000 common shares to the Lessor and Licensor, with a hold period of four months plus one day following issuance [5]. - The Licensor will provide services related to the technology application for a minimum of three consecutive months, with a fee of £70,000 per month [6]. Company Background - Stallion Uranium is focused on exploring approximately 1,700 square kilometers in the Athabasca Basin, which is known for having the largest high-grade uranium deposits globally [8][10]. - The company collaborates with Atha Energy and has a leadership team with expertise in uranium and precious metals exploration [10].
Foremost Clean Energy Announces Drilling at its Murphy Lake South Uranium Project
Globenewswire· 2025-07-02 13:00
Core Viewpoint - Foremost Clean Energy Ltd. is set to begin drilling at the Murphy Lake South Uranium Property, which is strategically located near the LaRocque Lake Conductive Corridor, known for high-grade uranium deposits [1][2][3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties across over 330,000 acres in the Athabasca Basin [10] - The company is focused on systematic exploration programs to make significant discoveries in collaboration with Denison Mines [10] Exploration Plans - Drilling at Murphy is scheduled to start in July 2025, with an initial phase involving approximately 1,500 meters of diamond drilling targeting graphitic faults and offset structures [6][7] - The drilling will focus on areas within 200–350 meters of the surface, allowing for efficient testing of the unconformity and underlying basement rocks [6] Historical Context - The Murphy Lake South Property has been previously explored by Denison Mines from 2008 to 2017, which identified uranium mineralization and key alteration features [5] - Historical drill results include significant intercepts such as 0.25% U₃O₈ over 6 meters and 0.13% U₃O₈ over 12.5 meters [5] Strategic Importance - The proximity of Murphy to the LaRocque Lake Conductive Corridor enhances its exploration potential, as recent discoveries have shifted perceptions of the Mudjatik Domain's viability [2][3] - The area remains underexplored, presenting a significant opportunity for future discoveries [7]
Foremost Clean Energy Advances Exploration on its Wolverine Uranium Property
Globenewswire· 2025-06-25 13:00
Core Insights - Foremost Clean Energy Ltd. has initiated a radon geochemical survey at its Wolverine Uranium Property located in the Athabasca Basin, which is known for high-grade uranium deposits [1][2] - The survey aims to enhance understanding of the subsurface geology and identify priority drill targets, focusing on areas with known structural offsets of the sub-Athabasca unconformity [2][3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties covering over 330,000 acres in the Athabasca Basin [11] - The company is engaged in systematic exploration programs in collaboration with Denison Mines Corp. to make significant discoveries in uranium and lithium [11] Survey Details - The radon geochemical survey leverages the relationship between radon gas emissions and subsurface uranium presence, as radon is a decay product of uranium [3] - The survey grid is designed to cover two potential faults that may explain the unconformity offset observed on the property [3] Historical Context - Previous exploration at the Wolverine Property has identified uranium mineralization, including a notable drill hole that intersected 2,087 ppm U over 0.1 meters [5] - Historical drilling and geophysical surveys suggest a complex structural architecture, with unconformity depths ranging from 140 to 300 meters below the surface [5] Future Plans - Upon completion of the radon survey, the company plans to integrate the results with historical data to refine high-priority drill targets for future testing [6]
Snow Lake Receives Positive Preliminary Results from the Engo Valley Phase 2 Drill Program
Newsfile· 2025-06-18 11:00
Core Viewpoint - Snow Lake Resources Ltd. has announced positive preliminary results from its Phase 2 drill program at the Engo Valley Uranium Project, indicating good intercepts of uranium mineralization and progress towards a maiden resource estimate by the end of 2025 [1][3]. Company Updates - The Phase 2 drill program has completed a total of 31 reverse circulation (RC) drill holes, totaling 2,719 meters, with 8 holes returning mineralized intersections greater than 100 ppm eU3O8 [6][8]. - The diamond drilling segment of the Phase 2 program is set to begin during the week of June 15, 2025, with plans for 19 diamond drill holes in the MUO area and 8 in the D1 area [8]. - A maiden mineral resource estimate for Engo Valley is targeted for completion before the end of 2025, contingent on timely assay results [9]. Industry Context - The global supply deficit of uranium is expanding, necessitating the development of new uranium mines to meet increasing demand [3]. - Namibia is highlighted as the world's third-largest uranium producer, making the exploration and development of projects like Engo Valley crucial for identifying new economic sources of uranium [3].