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Nexus Uranium Closes on Seven High-Grade Uranium Targets in America's Most Prolific Breccia Pipe District
TMX Newsfile· 2026-04-01 09:00
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce the closing of its previously announced acquisition of a 100% interest in the Arizona Strip Project (the "Project"), comprising 38 federal Bureau of Land Management ("BLM") lode mining claims covering seven collapse breccia pipe uranium targets in Mohave County, Arizona (see news release dated March 19, 2026 for additional details). "Clo ...
Aero Energy, Urano Energy and Pegasus Resources Announce Closing of $10.5 Million Subscription Receipt Private Placement
TMX Newsfile· 2026-04-01 00:21
Core Viewpoint - Aero Energy Limited, Urano Energy Corp., and Pegasus Resources Inc. have successfully closed a non-brokered private placement, raising gross proceeds of $10,500,000 through the issuance of 26,249,999 subscription receipts at a price of $0.40 each, in connection with their planned merger to form Manhattan Uranium Discovery Corp. [1][2] Group 1: Subscription Receipt Financing - The Subscription Receipt Financing is part of a definitive arrangement agreement between Aero, Urano, and Pegasus to combine the three companies through a court-approved plan of arrangements [2] - Each subscription receipt will convert into one unit of Aero, consisting of one common share and one share purchase warrant, with the warrant exercisable at $0.60 until March 31, 2028 [3] - The company incurred finder's fees of $415,498 and will issue 1,038,745 finder's warrants, each exercisable at $0.40 until March 31, 2028 [4] Group 2: Use of Proceeds - The net proceeds from the Subscription Receipt Financing will be allocated to advancing the uranium project portfolio in North America, repaying a secured bridge loan of up to $1,000,000 to Urano, covering costs related to the Transactions, and for working capital and general corporate purposes [5] Group 3: Escrow and Conditions - The gross proceeds from the financing will be held in escrow and released upon satisfaction of certain conditions no later than 90 days following the closing date [6] - If the escrow release conditions are not met or if Urano decides not to proceed with the transaction, all subscription receipts will be canceled, and the escrowed funds will be returned to the holders [7] Group 4: Company Profiles - Aero Energy Limited has a robust portfolio of uranium assets in North America, including projects in Saskatchewan's Athabasca Basin and Nevada, positioning the company to capitalize on the growing demand for uranium [9] - Urano Energy Corp. holds advanced uranium projects in the Colorado Plateau, aiming to advance permitting for key projects as domestic uranium demand increases [10] - Pegasus Resources Inc. focuses on high-potential uranium projects in the U.S., with its flagship Jupiter Uranium Project in Utah ready for resource expansion [11]
American Uranium Advances Wyoming ISR Development with Resource Growth and Confidence Upgrade at Lo Herma
Prnewswire· 2026-03-31 12:45
Core Insights - American Uranium Limited has reported a 10% increase in the global Mineral Resource at its Lo Herma ISR uranium project, now totaling 9.45 million pounds eUO, with 43% classified as Indicated [1][4] - The combined resources within the planned Scoping Study footprint across Mine Units 1, 2, and 3 now total 7 million pounds at 46% Indicated, enhancing the project's development foundation ahead of a Scoping Study targeted for Q3 2026 [2] - The Lo Herma project is positioned comparably to established ISR satellite projects in Wyoming, indicating its development readiness and potential for further resource updates [3] Company Developments - The company has completed 66 out of 121 holes in its drilling program, with further drilling planned for Q2 2026 to continue resource expansion [1][2] - CEO Bruce Lane emphasized the progress in building scale and confidence in the core mine units, indicating a strategic focus on ISR development options [4]
SAGA Metals Reports Assays from R-0021 to R-0023 with Intercepts Including 53.18% Fe₂O₃, 7.08% TiO₂, 0.414% V₂O₅ from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador
Globenewswire· 2026-03-31 11:30
Core Insights - SAGA Metals Corp. has reported additional assay results from drill holes R-0021, R-0022, and R-0023, indicating consistent and high-quality mineralization at the Trapper Zone of the Radar Titanium-Vanadium-Iron Project in Labrador, Canada [1][3][8] Drilling Results - Drill hole R-0021 reported an intercept of 31.38 m at 53.18% Fe₂O₃, 7.08% TiO₂, and 0.414% V₂O₅ - Drill hole R-0022 showed 30.60 m at 49.40% Fe₂O₃, 6.61% TiO₂, and 0.373% V₂O₅ - Drill hole R-0023 had an intercept of 86 m at 45.50% Fe₂O₃, 5.50% TiO₂, and 0.367% V₂O₅ [4][8] Overall Progress - A total of 8 diamond drill holes have been reported in 2026, with significant oxide intercepts exceeding 70–90 meters and head grades frequently above 45–53% Fe₂O₃, 6–7% TiO₂, and 0.37-0.41% V₂O₅ [4][8] - The total meters drilled in the Trapper Zone for 2026 reached 8,144 m, with ongoing drilling at hole R-0046 [7][15] Geological Context - The Radar Property spans 24,175 hectares and hosts the Dykes River intrusive complex, with geological mapping confirming oxide layering across more than 20 km of strike length [19][30] - The mineralization at Radar is comparable to global Fe–Ti–V systems, positioning the project as a potential strategic supplier of titanium, vanadium, and iron to North American markets [20][22] Future Plans - The company aims to advance beneficiation studies on the oxide mineralization and deliver a maiden Mineral Resource Estimate in 2026, which will support future economic assessments [5][8]
ATHA Energy Initiates Ongoing Site Mobilization in Advance Of 2026 Angilak Exploration Program - Exploration Activities Commencing in April
Accessnewswire· 2026-03-31 11:00
Core Insights - ATHA Energy has initiated ongoing site mobilization for its 2026 Angilak Exploration Program, which is set to commence in April [2][3] - The mobilization includes the delivery of a third diamond drill and is fully funded by a CAD $63 million financing completed in February, positioning ATHA as one of the best-capitalized uranium exploration companies globally [2][3] - The 2026 program will be the largest to date at the Angilak Uranium Project, building on the successes of the 2024 and 2025 campaigns [2][4] Exploration Program Details - The 2024 campaign focused on expanding the mineralizing footprint along the Lac 50 Deposit Corridor, leading to the release of the 2024 Exploration Target [2] - The 2025 program tested regional prospectivity within the Angikuni Basin, resulting in the discovery of five new uranium showings, including RIB North, which had a maiden hole intersecting 34.7 meters of composite uranium mineralization with grades up to 8.16% U3O8 over 0.5 meters [2][4] - Exploration activities, including diamond drilling, are anticipated to begin in the latter part of April [2][4] Company Overview - ATHA Energy is focused on advancing exploration at its flagship Angilak Project in southern Nunavut, controlling 100% of the Angikuni Basin [8] - The company has significant exposure to uranium discovery, with the largest cumulative prospective exploration land package of 6.8 million acres across prominent basins in Canada [8] - ATHA is institutionally backed, with a strategic investment from Queens Road Capital Investment [8]
Geiger Intersects Multiple Mineralized Intervals at ACKIO, Including 11,491 cps at the Hook Project, Saskatchewan
TMX Newsfile· 2026-03-31 10:00
Key HighlightsThree mineralized zones intersected in AK26-148New mineralization at 80 m supports upper-lens expansion, while the high-grade lens at 186 m strengthens lower-lens grade potentialMaximum counts up to 11,491 cps using a Triple Gamma Probe at 202 m in 10 m high-grade lens Continuity confirmed to the south in pods 3, 4 and 5Mineralization remains open along strike, supporting further expansion potentialToronto, Ontario--(Newsfile Corp. - March 31, 2026) - Geiger Energy Corp. (TSXV: BEEP) (OTCQB: ...
Canamera Energy Metals Corp. Provides Company Update Across Seven Rare Earth and Uranium Assets; Reports Approximately $10 Million Raised over Four Months
TMX Newsfile· 2026-03-31 10:00
Core Insights - Canamera Energy Metals Corp. has raised approximately $10.2 million in new capital over the past four months to support its exploration and development activities in rare earth elements and uranium projects across Brazil, the United States, and Canada [1][5]. Project Updates - The company is currently advancing exploration programs across seven projects, including drill programs in Brazil, geophysical modeling in Colorado, and various milestones in its Canadian portfolio [2][4]. - In Brazil, two ionic clay REE drill programs are underway: one at Turvolândia, which has completed the initial 350-meter phase of a 1,000-meter auger drill program, and another at the early-stage Patos Project [4][12]. - In the United States, geophysical modeling is in progress at the Iron Hills Project in Colorado, with results expected in six to seven weeks [4][12]. - In Canada, three projects—Schryburt Lake, Garrow, and Waterslide—are advancing through technical and permitting milestones [4][12]. Capital Position - The recent capital raise positions the company to execute its multi-project exploration commitments in 2026 and pursue continued portfolio expansion [5]. Company Overview - Canamera Energy Metals Corp. focuses on advancing ionic clay REE projects in Brazil and critical mineral assets in North America to support Western rare earth supply chain independence [8].
Strathmore Continues to Advance Agate Project with 2026 Drilling Program
TMX Newsfile· 2026-03-31 09:00
Kelowna, British Columbia--(Newsfile Corp. - March 31, 2026) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") is pleased to announce that 2026 Exploration Drilling at the Agate Project is to begin the week of April 13th. The Agate Property is a potential in-situ recovery project located in the Shirley Basin Uranium District, of central Wyoming. Agate borders both Cameco and UEC projects and lies close to UR-Energy's satellite in-situ mine that is currently und ...
Paladin Acknowledges Judicial Review Application of EIS Approval
Globenewswire· 2026-03-31 03:54
Core Viewpoint - Paladin Energy Ltd is facing a judicial review application from the Métis Nation–Saskatchewan regarding the approval of its Environmental Impact Statement for the Patterson Lake South Project, which may impact the project's progress and operations [1][4]. Group 1: Legal Proceedings - The Métis Nation–Saskatchewan has applied for a judicial review in the Saskatchewan Court of King's Bench to challenge the decision made on February 19, 2026, by the Saskatchewan Minister of Environment approving Paladin's Environmental Impact Statement [1]. - The application alleges that the Government of Saskatchewan did not adequately consult the Métis Nation–Saskatchewan prior to the decision on the Environmental Impact Statement [4]. - The application seeks to set aside the Minister's decision and requests an interim injunction to prevent Paladin from acting on the decision until the court resolves the matter [4]. Group 2: Company Response - Paladin Energy Ltd denies the claims made in the judicial review application and intends to defend its position vigorously [5]. - The company has been in consultation with the Métis Nation–Saskatchewan for several years and has made significant efforts to address environmental concerns raised during these consultations [3]. Group 3: Indigenous Relations - Paladin recognizes the unique rights, cultures, and histories of Indigenous peoples and aims to develop partnerships that foster communication and socio-economic benefits for Indigenous communities [2].
MetalQuest Announces Appointment of Ali Alizadeh, M.Sc. MBA, PGeo to the Board of Directors
Thenewswire· 2026-03-30 21:15AI Processing
 March 30, 2026 – TheNewswire - Vancouver, BC – MetalQuest Mining Inc. (TSX.V: MQM; OTCQB: MQMIF) is pleased to announce the appointment of Mr. Ali Alizadeh, M.Sc. MBA, PGeo, FGC to the Company’s Board or Directors effective immediately. Harry Barr, MetalQuest’s Chairman and CEO states “We are pleased to have Mr. Alizadeh join the Board of Directors. His extensive experience and expertise in mineral exploration and project management will add technical expertise to our Board of Directors and augment our ex ...