Global Uranium Commences Geophysical Survey at the Northwest Athabasca Joint Venture Project, Saskatchewan
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 (CSE: GURN | OTC: GURFF) ha avviato sondaggi geofisici presso il progetto Northwest Athabasca (NWA) nel nord del Saskatchewan, una joint venture con Forum Energy Corp. Il programma include sondaggi di Elettromagnetismo a Dominio di Tempo (TDEM) e Resistenza a Corrente Diretta e Polarizzazione Indotta (DCIP) presso l'obiettivo di Spring Bay.
I sondaggi, che si prevede dureranno tre settimane, aiuteranno a perfezionare i target di perforazione per la prossima campagna invernale. Spring Bay presenta un anomalia di gravità bassa lunga 4 chilometri con intercettazioni storiche di uranio e ampia alterazione dell'argilla. Il campo di esplorazione è quasi completato con strutture operative, e la mobilitazione del trapano è iniziata con l'arrivo della trivella previsto per questa settimana.
Il sondaggio TDEM si concentrerà sulla forza e sull'orientamento dei conduttori, mentre il sondaggio DCIP mapperebbe le anomalie di resistività e di carica associate all'alterazione. Il rinforzo della neve lungo le vie di accesso è stato completato per garantire un trasporto sicuro della trivella.
Global Uranium Corp (CSE: GURN | OTC: GURFF) ha iniciado encuestas geofísicas en el Proyecto Northwest Athabasca (NWA) en el norte de Saskatchewan, una empresa conjunta con Forum Energy Corp. El programa incluye encuestas de Electromagnetismo en Dominio de Tiempo (TDEM) y Resistividad de Corriente Directa y Polarización Inducida (DCIP) en el objetivo de Spring Bay.
Se espera que las encuestas duren tres semanas y ayudarán a refinar los objetivos de perforación para la próxima campaña de invierno. Spring Bay presenta una anomalía de baja gravedad de 4 kilómetros de longitud con interceptaciones históricas de uranio y una extensa alteración de arcilla. El campamento de exploración está casi completo con instalaciones operativas, y la movilización del equipo de perforación ha comenzado, con la llegada de la plataforma prevista para esta semana.
La encuesta TDEM se centrará en la fuerza y la orientación de los conductores, mientras que la encuesta DCIP mapeará las anomalías de resistividad y capacidad de carga asociadas con la alteración. Se ha completado el refuerzo de la nieve a lo largo de las rutas de acceso para garantizar un transporte seguro de la plataforma de perforación.
Global Uranium Corp (CSE: GURN | OTC: GURFF)는 포럼 에너지 코프와의 공동 프로젝트인 서스캐처원주 북서부 아사바카(NWA) 프로젝트에서 지구물리학 조사를 시작했습니다. 이 프로그램에는 시간 영역 전자기(TDEM) 및 직류 저항 및 유도 분극(DCIP) 조사가 스프링 베이 목표에서 포함됩니다.
조사는 3주 동안 진행될 것으로 예상되며, 다가오는 겨울 드릴링 캠페인을 위한 드릴 목표를 정교화하는 데 도움이 될 것입니다. 스프링 베이는 역사적인 우라늄 인터셉트와 광범위한 점토 변형을 가진 4킬로미터 길이의 중력 저점 이상을 특징으로 합니다. 탐사 캠프는 운영 시설이 거의 완공되었고, 드릴 이동이 시작되어 이번 주에 장비가 도착할 것으로 예상됩니다.
TDEM 조사는 전도체의 강도와 방향에 집중할 것이며, DCIP 조사는 변형과 관련된 저항성과 전하성 이상을 매핑할 것입니다. 드릴 장비의 안전한 운송을 보장하기 위해 접근 경로를 따라 눈 덮기 보강이 완료되었습니다.
Global Uranium Corp (CSE: GURN | OTC: GURFF) a lancé des enquêtes géophysiques sur le projet Northwest Athabasca (NWA) dans le nord de la Saskatchewan, un partenariat avec Forum Energy Corp. Le programme comprend des enquêtes de Temps Électromagnétique (TDEM) et de Résistivité à Courant Direct et Polarisation Induite (DCIP) au site cible de Spring Bay.
Les enquêtes, qui devraient durer trois semaines, aideront à affiner les cibles de forage pour la prochaine campagne de forage hivernale. Spring Bay présente une anomalie de gravité basse de 4 kilomètres de long avec des interceptions historiques d'uranium et une vaste altération d'argile. Le camp d'exploration est presque terminé avec des installations opérationnelles, et la mobilisation de la foreuse a commencé avec l'arrivée de la foreuse prévue pour cette semaine.
L'enquête TDEM se concentrera sur la force et l'orientation des conducteurs, tandis que l'enquête DCIP cartographiera les anomalies de résistivité et de charge associées à l'altération. Le renforcement de la neige le long des routes d'accès a été achevé pour garantir un transport sûr de la foreuse.
Global Uranium Corp (CSE: GURN | OTC: GURFF) hat geophysikalische Untersuchungen im Northwest Athabasca (NWA) Projekt im Norden von Saskatchewan begonnen, eine Joint Venture mit Forum Energy Corp. Das Programm umfasst Zeitbereichs-Elektromagnetik (TDEM) und Widerstandsmessungen mit Gleichstrom und induzierter Polarisation (DCIP) am Zielort Spring Bay.
Die Untersuchungen, die voraussichtlich drei Wochen dauern werden, sollen helfen, die Bohrziele für die bevorstehende Winterbohrkampagne zu verfeinern. Spring Bay weist eine 4 Kilometer lange Schwereanomalie mit historischen Uraninterzepten und umfangreicher Tonveränderung auf. Das Explorationslager ist fast fertiggestellt mit funktionalen Einrichtungen, und die Mobilisierung der Bohranlage hat begonnen, wobei die Ankunft der Bohranlage für diese Woche erwartet wird.
Die TDEM-Untersuchung wird sich auf die Stärke und Ausrichtung der Leiter konzentrieren, während die DCIP-Untersuchung die Widerstands- und Ladungsanomalien, die mit der Veränderung verbunden sind, kartieren wird. Die Verstärkung des Schneedecks entlang der Zugangswege wurde abgeschlossen, um einen sicheren Transport der Bohranlage zu gewährleisten.
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Geophysical Surveys Underway to Refine Drill Targets at Northwest Athabasca Project
CALGARY, Alberta, March 12, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce that geophysical surveying has commenced at the Northwest Athabasca (“NWA”) Project, a joint venture with the operator Forum Energy Corp. (the “Operator”), located in northern Saskatchewan. These surveys, which include Time Domain Electromagnetic (TDEM) and Direct Current Resistivity and Induced Polarization (DCIP), are focused on the Spring Bay target and are designed to refine drill targeting ahead of the winter drilling campaign.
The start of the geophysical program, first announced in February (see News Release on February 11, 2025), was marked by the arrival of field crews late last week. The TDEM and DCIP surveys are expected to span approximately three weeks and will provide the Operator with additional data on subsurface structures and alteration zones. These results are anticipated to directly inform certain drill collar placements in the upcoming drill program. Spring Bay is one of multiple targets to be tested on the NWA Project during this exploration program, marked by a 4-kilometer-long gravity low anomaly coincident with historical uranium intercepts and extensive clay alteration. The TDEM survey will help define conductor strength and orientation, while the DCIP survey will map resistivity and chargeability anomalies associated with alteration.
The exploration camp, which was established to support the winter program, is nearly complete, with key operational facilities—including sleeping quarters, kitchen, and drying rooms—fully functional. The core shack, the final component, is expected to be completed in the coming days. The camp is now hosting geophysical field crews and will soon accommodate drill teams. With geophysical work underway, drill mobilization has also begun. The drill rig is expected to arrive at the project site this week, with the first hole anticipated to be collared shortly thereafter. Snowpack reinforcement efforts have been completed along key access routes to facilitate safe transport of the drill rig.
“The commencement of the geophysical surveys marks an important step in our winter exploration campaign at the Northwest Athabasca Project,” said Ungad Chadda, CEO of Global Uranium. “The data from these surveys will provide more insight into Spring Bay and improve drill target selection. With camp construction nearing completion and drill mobilization underway, we are well-positioned to execute this exploration program.”
Global Uranium will continue to provide further updates on drill mobilization, geophysical survey progress, and the commencement of drilling activities.
Qualified Person
Jared Suchan, Ph.D., P.Geo., Global Uranium’s Vice President of Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.
About Global Uranium Corp.
Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America. The Company currently holds key uranium projects: the Wing Lake Property in the Mudjatik Domain of Northern Saskatchewan, Canada; the Northwest Athabasca Joint Venture with Forum Energy Metals Corp. and NexGen Energy Ltd. in the Northwest Athabasca region of Saskatchewan, Canada; and the Great Divide Basin District Projects, the Gas Hills District Projects, and the Copper Mountain District Projects in Wyoming, USA.
On Behalf of The Management Team
Ungad Chadda
CEO
587-330-0045
info@globaluranium.com
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the intention to continue exploration efforts on the Project with the aim of further unlocking the Project’s potential; and the expectation that natural attenuation will allow the site to recover without further action.
Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include the risk that exploration of the Project may not continue, whether as a result of a lack of financial resources, a failure to receive the requisite permits or approvals, the discretion of management of the joint venture or otherwise; the risk that exploration of the Project will not progress as currently contemplated and, that, even if exploration does proceed as anticipated, such exploration activities may not achieve their anticipated outcomes; risks inherent in the exploration and development of mineral projects, including risks relating to receiving requisite permits and approvals, changes in project parameters or delays as plans continue to be redefined, that mineral exploration is inherently uncertain and that the results of mineral exploration may not be indicative of the actual geology or mineralization of a project; the risk that mineral exploration may be unsuccessful or fail to achieve the results anticipated by the Company; risks related to joint ventures and the other risks and factors identified by the Company in its continuous disclosure filings, filed on the Company’s SEDAR+ profile at www.sedarplus.ca.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press release.
FAQ
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