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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.
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.
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.
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.
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.
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.
Global Uranium Corp. (CSE: GURN | OTC PINK: GURFF | FRA: Q3J) announced its approval for trading on the OTC PINK Market, effective July 8, 2024, under the symbol 'GURFF'.
According to CEO John Kim, this milestone is expected to enhance the company's visibility and accessibility to a broader investor base, aligning with its commitment to growth and value creation. The company's shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol 'GURN'.
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