North Shore Uranium is aggressively exploring for uranium in Saskatchewan’s Athabasca Basin, a region known for its high-grade uranium deposits. The company has identified numerous targets, including several promising areas at its Falcon project, and is preparing for future drilling campaigns. With a growing demand for uranium globally, North Shore’s exploration efforts could potentially benefit from a significant discovery and resource development.
Foremost Lithium Resource & Technology Ltd. is set to transform into Foremost Clean Energy Ltd., acquiring a significant stake in 10 uranium exploration projects in the Athabasca Basin. The deal with Denison Mines Corp. positions Foremost to become a leading uranium explorer in the region, capitalizing on the growing demand for nuclear energy in the global clean energy transition.
SKRR Exploration Inc. has announced encouraging results from its summer drilling program at the Clearwater West property, revealing anomalous radioactivity in drill hole CWW24-009. The discovery, alongside graphitic and sulphide-rich shear zones, further supports the potential for uranium mineralization in the area.
Skyharbour Resources Ltd. (SYHBF) has initiated a 2,500-meter summer drill program at its Moore uranium project in Saskatchewan. The program aims to expand and characterize the high-grade Main Maverick and Maverick East zones, leveraging existing infrastructure to reduce costs. The company is also advancing its prospect generator strategy, with several partner companies exploring their respective projects.
HoldCo Markets initiates coverage on Tisdale Clean Energy Corp. (TCEFF), a uranium explorer with a compelling earn-in opportunity for a 75% interest in the South Falcon East property in Saskatchewan’s Athabasca Basin. The company’s existing resource, a 6.9 Mlb Inferred resource of U3O8, sets it apart from peers and offers significant exploration upside, despite lower-than-average uranium grades. HoldCo assigns a CA$0.13 per share price objective, representing a potential 117% return for investors.
IsoEnergy Ltd. has successfully completed Ambient Noise Tomography (ANT) surveys at its Larocque East Project in the Athabasca Basin, uncovering six new high-priority drill targets. These targets, located along a known conductor corridor that hosts the high-grade Hurricane deposit, show strong hydrothermal alteration, a key indicator of potential uranium mineralization. Early drilling results confirm the correlation between low-velocity zones and alteration, further strengthening the prospectivity of the project.
