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GLOBAL URANIUM CORP - GURFF STOCK NEWS

Welcome to our dedicated page for GLOBAL URANIUM news (Ticker: GURFF), a resource for investors and traders seeking the latest updates and insights on GLOBAL URANIUM stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GLOBAL URANIUM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GLOBAL URANIUM's position in the market.

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Global Uranium Corp (CSE: GURN | OTC: GURFF) has initiated a comprehensive historical data review for its Wyoming uranium projects in the Gas Hills, Copper Mountain, and Great Divide Basin districts. Big Rock Exploration, an experienced exploration services provider, will conduct the analysis of geological, geophysical, and geochemical datasets from previous exploration activities.

The company's Wyoming projects, including Airline #2, Jeep South, Big Bend, WAC, and Jabs, span over 2,000 hectares near past-producing uranium mines. The review aims to identify potential uranium targets and refine exploration models to support planned geophysical surveys and drilling activities in 2025.

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-3.56%
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Rhea-AI Summary

Global Uranium Corp has engaged Big Rock Exploration to advance its Wyoming uranium projects. Big Rock will provide technical and field-based support, focusing initially on desktop studies, drill permitting processes, and potential magnetic surveys to refine exploration targets. The Wyoming projects are strategically located near known roll-front uranium deposits in historically productive areas. This partnership aims to accelerate exploration efforts and prepare for drill targeting, demonstrating Global Uranium's commitment to data-driven exploration in developing its U.S.-based portfolio.

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2.47%
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Global Uranium Corp. (CSE: GURN | OTC: GURFF) has successfully completed environmental remediation at its Northwest Athabasca Joint Venture project in Saskatchewan. The program, conducted with Geosyntec Consultants, addressed historical petroleum hydrocarbon impacts from legacy exploration activities. Since 2021, remediation efforts have significantly reduced contamination, with only small, localized areas remaining affected. No groundwater contamination was detected, and the site's environmental risk classification improved from 'Medium Priority' to 'Not a Priority for Action'. The company plans to proceed with a winter drilling program to explore high-priority targets.

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Global Uranium Corp. has announced positive results from its radiometric survey in Wyoming's Copper Mountain and Great Divide Districts. The survey covered four project areas: Airline #2-1, Airline #2-2, Big Bend-1, and Big Bend-2 claims. Key findings include uranium values ranging from 2.4 to 91.9 ppm in Airline #2-1, 0.7 to 12.1 ppm in Airline #2-2, 1.7 to 38.4 ppm in Big Bend-1, and 5.3 to 15.0 ppm in Big Bend-2.

The survey utilized standardized grid-based radiometric sampling with a handheld scintillometer, with station spacing varying between 100x100 meters and 100x200 meters. Quality control analysis showed reliable measurements with most duplicate readings showing acceptable consistency below 20% RPD.

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Global Uranium Corp. has completed processing high-resolution aerial imagery and preliminary digital elevation models (DEMs) for its Airline #2 and Big Bend claims in Wyoming. These datasets will enhance radiometric data interpretation, optimize exploration planning, and establish environmental monitoring baselines. The advanced imagery will help correlate radiometric anomalies with geological features and assist in planning drill pad locations while minimizing environmental impact.

The company has also engaged Euro Digital Media for a 60-day marketing campaign starting November 8, 2024, at a cost of USD $500,000. The campaign will include Google ads, native advertising, and promotion on wallstinvest.com.

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Global Uranium Corp has completed radiometric and drone imagery data collection on select Wyoming mineral claims in the Copper Mountain and Great Divide districts. The surveys focused on the Airline #2 claims and Big Bend claims, aiming to enhance geological understanding through reconnaissance radiometric data and detailed drone imagery.

Field operations were adjusted in real-time to accommodate conditions, with early snowfall limiting additional data collection. The gathered data will be analyzed and integrated into the company's exploration model to guide future drilling permits and exploration planning.

Additionally, Mr. Tasheel Jeerh has stepped down as President but will continue in an advisory role, particularly managing the Northwest Athabasca Joint Venture Project.

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Global Uranium Corp. (CSE: GURN | OTCQB: GURFF | FRA: Q3J) is preparing to conduct a ground-based radiometric survey across its Wyoming uranium projects. This critical step aims to identify high-priority targets for future drilling. The survey will be carried out by a two-person field team from McKay Geoscience, using a Spectral Scintillometer RS-125 unit and drone technology for high-resolution aerial imagery.

The survey will cover the Company's Wyoming properties, including WAC, Jabs, Big Bend, Jeep South, and Airline #2. The methodology includes 50-meter sample spacing and 750-foot line spacing. The field work is expected to take approximately ten days, starting in early October. Results are anticipated by the end of October, providing important information for future drill planning and potential follow-up magnetic surveys.

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Global Uranium Corp. (CSE: GURN, OTC: GURFF) has provided an update on its NWA Project in Saskatchewan's Athabasca Basin. The company, in partnership with Forum Energy Metals Corp., is planning a drill program for 2025. Recent activities include site remediation and soil testing. The project's exploration permit has entered the Duty to Consult phase, expected to last 2-3 months.

Upcoming exploration activities include geophysical surveys in early 2025, focusing on ground resistivity and infill gravity to identify areas of clay alteration associated with uranium mineralization. A 4,000 m drill program is planned for winter or summer 2025, targeting high-priority areas identified from historical data and upcoming surveys.

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Global Uranium Corp. (CSE: GURN) has successfully completed the acquisition of five uranium projects in Wyoming, USA, covering a total area of 5,040 acres. The acquisition, initially announced on June 17, 2024, involves the purchase of a 100% interest in Federal unpatented lode mineral claims and Wyoming State mineral leases. As per the asset purchase agreement, Global Uranium paid US$70,000 and issued 400,000 common shares to the vendor, Foster Wilson. The issued shares are subject to a four-month and one-day hold period, with additional voluntary resale restrictions releasing half of the shares four months after issuance and the remaining half eight months after issuance.

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Global Uranium Corp. (CSE: GURN | OTC PINK: GURFF | FRA: Q3J) has announced the appointment of Ungad Chadda as its new CEO, effective immediately. Mr. Chadda, an experienced financial executive and former TMX Group leader, replaces John Kim, who has stepped down but will remain on the company's Board of Directors. Mr. Chadda's extensive background includes senior roles at TMX Group, where he was responsible for building investor relations and supporting growth strategies. He holds an Honours Bachelor of Commerce from McMaster University and is a Chartered Accountant. The company's CFO, Eli Dusenbury, expressed gratitude for Mr. Kim's leadership, highlighting achievements such as the acquisition of Rare Earth Element Corp. and the company's listing on the Canadian Securities Exchange.

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FAQ

What is the current stock price of GLOBAL URANIUM (GURFF)?

The current stock price of GLOBAL URANIUM (GURFF) is $0.68 as of January 10, 2025.

What is the market cap of GLOBAL URANIUM (GURFF)?

The market cap of GLOBAL URANIUM (GURFF) is approximately 24.7M.
GLOBAL URANIUM CORP

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