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RIU Explorers LIVE: With pilot uranium plant now live, Alligator Energy outlines year ahead
The Market Online· 2026-02-18 21:48
With HotCopper live at the 2026 RIU Explorers’ Conference, senior reporter Jonathon Davidson spoke to Alligator Energy (ASX:AGE) CEO Andrea Marsland-Smith about the company’s commissioning of an FRT Pilot Plant.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Disclaimer: This content has been prepared as part of a partnership with Alligator Energy Ltd is intended for informational purposes only.Tune in to ...
Traction Uranium Signs Option Agreement to Earn up to 80% in the Aurora Uranium Project, Southeastern Athabasca Basin
Globenewswire· 2026-02-11 13:00
Core Viewpoint - Traction Uranium Corp. has entered into an option agreement with Cosa Resources Corp. to earn up to an 80% interest in the Aurora uranium project located in northern Saskatchewan, effective February 10, 2026 [1]. Group 1: Project Overview - The Aurora project covers approximately 18,773 hectares and spans about 17 kilometers along the southeastern margin of the Athabasca Basin, situated 16 kilometers east of the Key Lake uranium mill [2]. - Historical drilling at Aurora has not occurred since 1979, but past logs indicate multiple zones of hydrothermal alteration [2]. - In 2024, Cosa conducted airborne gravity-gradient and VTEM surveys to identify initial target areas for further exploration [2]. Group 2: Agreement Terms - Traction can earn an 80% interest in the Aurora project by funding exploration work and making cash and share payments over five phases [3]. - The total exploration expenditures required amount to $9.15 million, with cash payments totaling $1.5 million and share payments of 5 million Traction shares [4]. - Cosa will act as the operator during the earn-in period and can charge an operator fee, with Traction having the option to assume operatorship after completing Phase 4 [3]. Group 3: Company Background - Traction Uranium Corp. is focused on mineral exploration and development in Canada, particularly in the Athabasca Region, known for its uranium deposits [6]. - Cosa Resources Corp. operates in northern Saskatchewan and holds approximately 237,000 hectares across various uranium projects, primarily in underexplored areas of the Athabasca Basin [7]. - Cosa's management team has a successful track record in uranium exploration, including the discovery of the Hurricane uranium deposit [10].
Nexus Uranium Announces Debt Settlement
TMX Newsfile· 2026-02-10 23:00
Core Viewpoint - Nexus Uranium Corp. has entered into a debt settlement agreement to settle $81,000 in outstanding debt by issuing approximately 42,408 common shares at a deemed price of $1.91 per share [1][2]. Group 1: Debt Settlement Details - The debt settlement aims to preserve cash for working capital and improve the company's financial position by reducing existing liabilities [2]. - The debt settlement is expected to close shortly, subject to customary closing conditions and regulatory approvals [2]. - The shares issued in the debt settlement will be subject to a four-month hold period in accordance with Canadian securities laws [3]. Group 2: Company Overview - Nexus Uranium is a Canadian exploration company focused on uranium projects in North America, holding several projects in South Dakota and Wyoming, as well as the Mann Lake project in Saskatchewan's Athabasca Basin [4].
Foremost Clean Energy Announces 5,000-Metre Follow-Up Drill Program at Hatchet Lake Uranium Project
Globenewswire· 2026-02-09 13:30
Core Viewpoint - Foremost Clean Energy Ltd. is set to initiate a 5,000-metre diamond drill program at its Hatchet Lake Uranium Project in mid-February 2026, following a successful 2025 winter drill program that led to a new uranium discovery [1][2]. Drill Program Overview - The upcoming drill program aims to systematically follow up on the TF-25-16 discovery, which intersected 0.87% U₃O₈ over 0.45 metres within a broader 6.2-metre interval averaging 0.10% U₃O₈ [1][5]. - The program will focus on multiple high-priority targets, including Tuning Fork and Beta Grid at Hatchet Lake South, and Richardson SE at Hatchet Lake North [3][12]. Target Areas - The Tuning Fork target area will be prioritized for step-out and infill drilling to test the continuity of mineralization and refine structural controls [5][7]. - Tuning Fork West has identified a previously untested electromagnetic conductor approximately 1.2 kilometres in strike length, which is considered a high-priority target [9]. - The Beta Grid target area shows a 20.3-metre offset in the depth to the Athabasca unconformity, interpreted as an east-directed thrust fault, which will be evaluated through targeted drilling [10]. - The Richardson SE target area contains over 5 kilometres of untested electromagnetic conductor strike length, with recent ground gravity survey results being integrated to refine drill targets [12]. Exploration Outlook - The drill program is designed to advance additional drill-ready targets generated through integrated geological and geophysical interpretation, with a focus on identifying zones of structural complexity and hydrothermal alteration [15][20]. - The company believes that the combination of newly identified untested conductors and confirmed structural complexity makes Hatchet Lake a compelling project for further uranium discoveries [15].
Nexus Uranium Files Amended and Restated Interim Financial Statements
TMX Newsfile· 2026-02-03 23:43
Core Viewpoint - Nexus Uranium Corp. has filed amended and restated unaudited condensed interim consolidated financial statements for the nine months ended August 31, 2025, reflecting a non-cash adjustment of $138,820 related to qualifying exploration expenditures, which does not impact cash flows or the company's liquidity [1]. Financial Summary - The Amended Interim Financial Statements include a non-cash adjustment of $138,820, affecting the presentation of profit or loss and share capital but not impacting cash flows, total assets, total liabilities, or liquidity [1]. Company Overview - Nexus Uranium is a Canadian exploration company focused on uranium projects in North America, holding several projects in the United States and Canada, including the Chord, Wolf Canyon, Deadhorse, RC projects in South Dakota, and the Mann Lake project in Saskatchewan's Athabasca Basin [3].
F3 - Starts 3,000 Metre Winter Drill Program at Tetra Zone
TMX Newsfile· 2026-02-03 10:00
Core Viewpoint - F3 Uranium Corp has initiated a winter drill program at its Broach Lake Property, focusing on the high-grade Tetra Zone, which is strategically located near significant uranium deposits in the Athabasca Basin [1][8]. Group 1: Drill Program Details - The winter drill program consists of 3,000 meters aimed at further exploring uranium mineralization at the Tetra Zone, with notable intercepts including 1.0 meter of 2.50% U₃O₈ within a broader 22.5-meter interval averaging 0.26% U₃O₈ [2]. - Previous drilling extended the interpreted mineralized plunge length from 60 meters to 135 meters, with the winter program set to test both down-dip and down-plunge extensions, as well as an up-plunge extension where approximately 300 meters of undrilled prospective shear zone remains [2][3]. Group 2: Geological Context and Mineralization - The Tetra Zone mineralization is characterized by significant radioactivity, with hole PLN25-219A reporting 2.30 meters exceeding 10,000 counts per second (cps) within 27.5 meters of continuous mineralization [3]. - The area around the Athabasca unconformity shows highly prospective geology and pathfinder element geochemistry, indicating strong potential for further discoveries [2]. Group 3: Company Overview - F3 Uranium Corp is focused on uranium exploration, particularly the high-grade JR Zone and the newly discovered Tetra Zone, both part of the Patterson Lake North Project in the Western Athabasca Basin [14]. - The Patterson Lake North Project encompasses 42,961 hectares and is strategically located near other significant uranium deposits, positioning it as a key area for future uranium operations in northern Saskatchewan [8].
Refined Energy Corp. Comments on Unprecedented Global Uranium Supply Deficit and U.S. Nuclear Policy Acceleration
Globenewswire· 2026-01-28 13:00
Industry Overview - The uranium sector is experiencing a generational tailwind due to significant global developments, positioning North American explorers and producers favorably [1] - Global energy markets are undergoing a structural realignment as governments seek reliable, low-carbon baseload power amid rising electricity demand driven by various factors including artificial intelligence and industrial decarbonization [2] U.S. Policy Developments - In January 2026, the U.S. government announced a series of actions to strengthen domestic nuclear power generation, including USD 2.7 billion in federal funding for uranium enrichment and support for advanced reactor fuel supply [3] - U.S. policy initiatives aim to reduce reliance on foreign uranium and enrichment services, particularly from geopolitically sensitive areas, while enhancing domestic production and processing capabilities [4] Strategic Positioning - The current environment emphasizes the importance of early-stage uranium exploration in stable jurisdictions, as utilities and governments focus on long-term supply security [5] - The CEO of Refined Energy Corp. highlighted that the uranium sector is being reshaped by energy security priorities and decarbonization mandates, reinforcing the need for companies to advance quality projects in stable regions [6] Company Focus - Refined Energy Corp. is dedicated to building a strong exploration portfolio aligned with evolving industry fundamentals, while monitoring global market and policy developments [6]
Skyharbour Invites Shareholders to Upcoming Conferences
Globenewswire· 2026-01-23 13:00
Core Viewpoint - Skyharbour Resources Ltd. is actively participating in the Vancouver Resource Investment Conference and the Metals Investor Forum, showcasing its uranium exploration projects and corporate strategies to potential investors and industry professionals [1][3][5]. Group 1: Conference Participation - Skyharbour will have a booth at the Vancouver Resource Investment Conference on January 25-26, 2026, and will present a corporate overview by President and CEO Jordan Trimble on January 25 at 11:50 AM [1][2]. - The Vancouver Resource Investment Conference will feature over 120 expert speakers and is expected to attract more than 5,000 industry professionals and investors, providing networking opportunities and insights into the commodities landscape [3]. Group 2: Company Overview - Skyharbour holds a significant portfolio of uranium exploration projects in Canada's Athabasca Basin, covering over 662,887 hectares (over 1.6 million acres) [6]. - The company owns a 100% interest in the Moore Uranium Project, which is an advanced-stage property with high-grade, shallow uranium mineralization [6]. - Skyharbour has joint ventures with Denison Mines and Orano Canada Inc. and has signed earn-in option agreements with partners that could lead to over $76 million in partner-funded exploration expenditures and over $42 million in cash and share payments [7]. Group 3: Strategic Goals - The company's goal is to maximize shareholder value through new mineral discoveries, long-term partnerships, and advancing exploration projects in geopolitically favorable jurisdictions [8].
Geiger Energy Issues Letter to Shareholders
TMX Newsfile· 2026-01-19 11:00
Core Viewpoint - Geiger Energy Corp. is focused on disciplined, high-impact exploration in 2026, targeting significant discoveries at its flagship Hook and Aberdeen projects, which have known mineralization and substantial upside potential [2][8]. Exploration Outlook - **Hook Project, Athabasca Basin**: A 2,000 m drill program is set to begin in mid-February, focusing on high-priority zones outside the main ACKIO discovery, particularly the TT area, which showed strong clay alteration and elevated uranium during 2024 drilling [3]. - **Aberdeen Project, Thelon Basin**: A 10,000 m drill program is planned for summer, following the first confirmed intersection of unconformity-style uranium at the Loki target, with logistics preparations underway [4]. Capital Discipline and Execution - The company enters 2026 with sufficient capital for near-term drilling at Hook and logistical preparations for the Aberdeen Project, emphasizing maximizing technical outcomes per dollar invested and careful evaluation of funding opportunities to minimize shareholder dilution [5]. Defining Success - Success for Geiger Energy in 2026 will be measured by the realization of discovery potential through disciplined exploration, expanding mineralized zones at Hook, and refining targets at Aberdeen, aiming to materially increase understanding of these systems [6]. Company Overview - Geiger Energy is a uranium exploration company executing a dual basin strategy focused on discovering high-grade uranium deposits in the Athabasca and Thelon basins, with significant potential for expansion and new discoveries at both the Hook and Aberdeen projects [8].
Myriad Uranium Enters Binding Letter of Intent to Merge with Rush Rare Metals Corp.
TMX Newsfile· 2026-01-08 10:30
Core Viewpoint - Myriad Uranium Corp. has entered into a binding letter of intent to acquire Rush Rare Metals Corp. in a merger transaction, reflecting the belief that the merger is in the best interests of both companies [1][6]. Merger Details - Myriad will acquire all Rush Shares at an exchange ratio of 0.5405 Myriad Shares for each Rush Share, resulting in a premium of 18% based on closing prices and 22% based on a 20-day volume weighted average price [2][3]. - All convertible securities of Rush will be adjusted to be exercisable for Myriad Shares according to the exchange ratio [2]. Strategic Rationale - The merger aims to unify ownership of the Copper Mountain Uranium Project, which is believed to be significantly more valuable under unified ownership than separate ownership [6]. - Myriad's CEO highlighted the enhanced understanding of the Copper Mountain project due to recent exploration successes and historical data, indicating a strong potential for the project [7][8]. Project Focus - Myriad is focused on achieving 100% ownership of the Copper Mountain Uranium Project and unlocking its value, alongside its Red Basin Project in New Mexico [4][13]. - The Copper Mountain project has significant exploration upside, with historical estimates indicating a large uranium endowment [13]. Next Steps - The parties have agreed to negotiate a definitive agreement within 30 days of the LOI execution, with the merger subject to due diligence, shareholder approval, and regulatory approvals [11][12].