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.
Global Uranium (GURFF) maintains this dedicated news portal for stakeholders tracking North American uranium exploration developments. Our repository consolidates all official communications and third-party analyses related to the company's activities in Saskatchewan's Athabasca Basin and Wyoming uranium districts.
Investors and industry observers will find systematically organized updates including project milestones, joint venture announcements, and exploration technique innovations. The collection serves professionals requiring timely access to operational updates while helping casual observers understand sector-specific developments.
Content spans permit approvals, geophysical survey results, environmental compliance updates, and strategic partnership formations. Each entry maintains factual reporting standards without speculative commentary, adhering to financial disclosure regulations.
Bookmark this page for efficient tracking of Global Uranium's progress in advancing its uranium assets through data-driven exploration methods and collaborative industry relationships. Regular updates ensure continuous access to validated information supporting informed market observations.
Global Uranium Corp (OTC: GURFF) and Forum Energy Metals have completed their diamond drilling program and ground geophysical surveys at the Northwest Athabasca Project in Saskatchewan. The winter 2025 program included 656 metres of drilling at Zone 2A and Rosie grid areas, alongside Time Domain Electromagnetic and Direct Current Induced Polarization surveys at Spring Bay.
Key highlights include:
- Elevated radioactivity (170-300 cps) discovered in Zone 2A drill holes
- Bleached sandstone and radioactivity up to 120 cps found in Rosie area
- Major conductor identified at Spring Bay coinciding with strong gravity anomaly
The drilling campaign successfully identified elevated radioactivity in three of four drill holes, confirming the project's potential for uranium mineralization. At Zone 2A, drilling intersected mineralized structures with up to 300 cps within fractures. The Rosie drilling revealed a major fault between two drill holes, showing similarities to the Maurice Bay mineralization setting.
Global Uranium Corp (CSE: GURN | OTC: GURFF) has entered into an option agreement with Cosa Resources Corp to acquire up to 80% interest in the Astro Project, located in Saskatchewan's eastern Athabasca Basin. The project covers 45,734 hectares across 11 claims and includes approximately 40 kilometers of underexplored magnetic lows with potential extensions of the McArthur River/Fox Lake structural corridor.
The agreement is structured in five phases through 2029, requiring Global Uranium to:
- Make total cash payments of $800,000
- Issue 2.6 million common shares
- Fund exploration expenditures of $9.5 million
Cosa will serve as the operator during the first four phases, receiving a standard operator fee. A joint venture will be formed after Phase 2 completion, with ownership increasing progressively from 20% (Phase 1) to 80% (Phase 5).
Global Uranium Corp (GURFF) and Forum Energy Metals have launched diamond drilling operations at the Zone 2A area of the Northwest Athabasca Project in Saskatchewan, Canada. The project, located along Lake Athabasca's northwest shore, includes ground Time Domain Electromagnetic and Direct Current Induced Polarization surveys at the Spring Bay grid.
The exploration program features completed camp construction, with supplies delivered via fixed-wing aircraft and an ice road from Uranium City. Team Drilling began operations on March 19, 2025, focusing on the Andy and Zone 2A trends, with potential expansion to Gomer and Spring Bay targets. SJ Geophysics initiated ground surveys on March 2, with an expected 3-4 week duration.
The project spans 13,876 hectares across 11 contiguous mineral claims. Global Uranium has the option to earn 51% interest in Forum's stake by investing $9M over four years. The companies emphasize ongoing collaboration with local communities and First Nations as a key project focus.
Global Uranium Corp (CSE: GURN | OTC: GURFF) has initiated geophysical surveys at the Northwest Athabasca (NWA) Project in northern Saskatchewan, a joint venture with Forum Energy Corp. The program includes Time Domain Electromagnetic (TDEM) and Direct Current Resistivity and Induced Polarization (DCIP) surveys at the Spring Bay target.
The surveys, expected to last three weeks, will help refine drill targets for the upcoming winter drilling campaign. Spring Bay features a 4-kilometer-long gravity low anomaly with historical uranium intercepts and extensive clay alteration. The exploration camp is nearly complete with operational facilities, and drill mobilization has begun with the rig expected to arrive this week.
The TDEM survey will focus on conductor strength and orientation, while the DCIP survey will map resistivity and chargeability anomalies associated with alteration. Snowpack reinforcement along access routes has been completed to ensure safe drill rig transport.
Global Uranium Corp (OTC: GURFF) has signed a Letter of Engagement with Big Rock Exploration to initiate Phase II exploration activities across their Wyoming Group of Projects. The program will cover the Airline, Jeep, WAC, Big Bend, and Jabs properties located in Wyoming's uranium districts.
Phase II builds on the completed Phase I, which included GIS data compilation, historical data review, and permitting assessments. BRE will develop an exploration framework by integrating historical data, geologic mapping, and radiometric survey results to identify high-priority drill targets.
Additionally, the company is advancing activities at the Northwest Athabasca (NWA) Joint Venture Project in Saskatchewan with Forum Energy. Core infrastructure has been delivered, camp construction is underway, and geological teams are expected on-site by month-end. Geophysical surveys will begin in early March, followed by drilling operations focusing on Zone 2A targets.
Global Uranium Corp (CSE: GURN | OTC: GURFF) has provided an update on its drilling program at the Northwest Athabasca (NWA) Project in northern Saskatchewan, a joint venture with Forum Energy Corp. The company remains on schedule to begin drilling in early March 2025.
Mobilization efforts are progressing efficiently with air transport arrangements for personnel and materials. The site preparation includes establishing an airstrip and camp to support operations. The company has refined drilling targets based on reprocessed geophysical data, and a resistivity survey contract is being finalized, expected to take 2-3 weeks for data collection.
CEO Ungad Chadda expressed satisfaction with the progress of the winter drill program preparations and the team's logistics management. The project's technical aspects have been reviewed and approved by Jared Suchan, Ph.D., P.Geo., the company's Vice President of Exploration and Qualified Person under National Instrument 43-101.
Global Uranium Corp (CSE: GURN | OTC: GURFF) has completed a comprehensive historic data compilation and geospatial mapping program for its Wyoming uranium projects. The work, conducted by Big Rock Exploration, establishes a foundation for developing drill targeting models across five project areas.
The compilation involved digitizing neighboring claims, compiling historic geological and radiometric data, georeferencing access routes, and integrating key exploration datasets. Publicly available drill logs, surveys, and historic mine data were incorporated to refine the regional uranium exploration framework.
The company's next phase will focus on refining the roadmap to drilling, including reviewing exploration strategies, assessing permitting considerations, and identifying effective geophysical techniques for subsurface modeling. Additional field-based validation work is planned to assess access routes and confirm site conditions for potential drilling.
Global Uranium Corp (GURFF) and Forum Energy Metals have announced the initiation of camp construction at the Northwest Athabasca Project in Saskatchewan, Canada. The companies plan to conduct Time Domain Electromagnetic Survey (TDEM) and Direct Current Resistivity and Induced Polarization (DCIP) Survey on the Spring Bay target, with geophysical work expected to begin in March.
A 20-person camp will be established on the west side of Maurice Bay, with materials being transported via fixed-wing aircraft and ice road from Uranium City. The Spring Bay target features a 4 km long gravity low anomaly, coinciding with historical drill holes showing elevated uranium and anomalous clay alteration. Global has an option to earn 51% interest in Forum's stake by spending up to $9M over four years.
The planned surveys aim to refine drill targeting by helping understand conductor orientation and identifying clay alteration systems at depth within the Spring Bay gravity low anomaly.
Global Uranium Corp. (GURFF) and Forum Energy Metals have initiated exploration at the Northwest Athabasca Project in Saskatchewan, following receipt of their exploration permit. The project, located along Lake Athabasca's northwest shore, involves a joint venture with NexGen Energy, Cameco , and Orano Canada.
Global Uranium has the option to acquire up to 75% of Forum's interest in the Forum/NexGen JV by investing $20 million in exploration. Camp construction and ice road building from Uranium City will begin in early February, with diamond drilling scheduled to commence by March. The drilling program aims to complete 2,000 to 3,000 meters, focusing on Andy, Zone 2A, and Opie targets, with potential expansion to Gomer and Spring Bay. Additional geophysical surveys including gravity, resistivity, and detailed magnetics are under consideration.
Forum Energy Metals and Global Uranium have initiated exploration at the Northwest Athabasca Project in Saskatchewan's Athabasca Basin. The project, located along Lake Athabasca's northwest shore, will commence diamond drilling by March, targeting 2,000 to 3,000 meters at various sites including Andy, Zone 2A, and Opie.
Global Uranium has entered an option agreement with Forum to acquire up to 75% interest by investing $20 million in exploration. The project involves a joint venture with Forum, Cameco , and Orano Canada Inc. The project area spans 11 contiguous mineral claims covering 13,876 ha, with historical exploration dating back to the 1970s. A historical resource estimate at Maurice Bay Showing documented 1.5 million lbs at 0.6% U3O8, though this estimate isn't compliant with current NI 43-101 standards.