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American Uranium (OTCQB: AMUIF) reported an interim Mineral Resource update at its Lo Herma ISR uranium project in Wyoming on March 31, 2026. The global Lo Herma resource grew ~10% to 9.45 million pounds eU3O8, with 43% classified as Indicated.
Within the Scoping Study footprint across Mine Units 1–3, combined resources total 7.0 million pounds at 46% Indicated. Drilling is halfway complete (66 of 121 holes); the remaining 55 holes are scheduled for Q2 2026, ahead of a targeted Scoping Study in Q3 2026.