Global Uranium Corp. Signs Letter of Engagement with Big Rock Exploration to Advance Phase II Exploration at the Wyoming Group of Projects
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 (OTC: GURFF) ha firmato una Lettera di Impegno con Big Rock Exploration per avviare le attività di esplorazione della Fase II nel loro Gruppo di Progetti in Wyoming. Il programma coprirà le proprietà Airline, Jeep, WAC, Big Bend e Jabs situate nei distretti di uranio del Wyoming.
La Fase II si basa sulla Fase I completata, che ha incluso la compilazione di dati GIS, la revisione dei dati storici e le valutazioni dei permessi. BRE svilupperà un quadro di esplorazione integrando dati storici, mappatura geologica e risultati di sondaggi radiometrici per identificare obiettivi di perforazione ad alta priorità.
Inoltre, l'azienda sta avanzando con le attività nel Progetto di Joint Venture Northwest Athabasca (NWA) in Saskatchewan con Forum Energy. Le infrastrutture principali sono state consegnate, la costruzione del campo è in corso e i team geologici sono attesi sul sito entro la fine del mese. I sondaggi geofisici inizieranno all'inizio di marzo, seguiti da operazioni di perforazione focalizzate sugli obiettivi della Zona 2A.
Global Uranium Corp (OTC: GURFF) ha firmado una Carta de Compromiso con Big Rock Exploration para iniciar las actividades de exploración de la Fase II en su Grupo de Proyectos en Wyoming. El programa abarcará las propiedades Airline, Jeep, WAC, Big Bend y Jabs ubicadas en los distritos de uranio de Wyoming.
La Fase II se basa en la Fase I completada, que incluyó la compilación de datos GIS, la revisión de datos históricos y evaluaciones de permisos. BRE desarrollará un marco de exploración integrando datos históricos, mapeo geológico y resultados de encuestas radiométricas para identificar objetivos de perforación de alta prioridad.
Además, la empresa está avanzando en las actividades del Proyecto de Joint Venture Northwest Athabasca (NWA) en Saskatchewan con Forum Energy. Se ha entregado la infraestructura principal, la construcción del campamento está en marcha y se espera que los equipos geológicos lleguen al sitio a finales de mes. Las encuestas geofísicas comenzarán a principios de marzo, seguidas de operaciones de perforación centradas en los objetivos de la Zona 2A.
Global Uranium Corp (OTC: GURFF)는 빅 록 탐사(Big Rock Exploration)와 계약서를 체결하고 와이오밍 프로젝트 그룹의 2단계 탐사 활동을 시작합니다. 이 프로그램은 와이오밍의 우라늄 지구에 위치한 항공사(Airline), 지프(Jeep), WAC, 빅 벤드(Big Bend), 잽스(Jabs) 자산을 포함합니다.
2단계는 GIS 데이터 수집, 역사 데이터 검토 및 허가 평가를 포함한 완료된 1단계를 기반으로 합니다. BRE는 역사적 데이터, 지질 매핑 및 방사능 조사 결과를 통합하여 고우선 순위 드릴 목표를 식별하는 탐사 프레임워크를 개발할 것입니다.
또한, 이 회사는 포럼 에너지(Forum Energy)와 함께 사스캐처원(Saskatchewan)의 노스웨스트 아타바스카(Northwest Athabasca) 합작 투자 프로젝트에서 활동을 진행하고 있습니다. 주요 인프라가 전달되었고, 캠프 건설이 진행 중이며, 지질 팀이 월말까지 현장에 도착할 것으로 예상됩니다. 지구 물리학 조사는 3월 초에 시작되며, 이후 2A 구역 목표에 초점을 맞춘 드릴링 작업이 진행될 예정입니다.
Global Uranium Corp (OTC: GURFF) a signé une Lettre d'Engagement avec Big Rock Exploration pour initier les activités d'exploration de la Phase II dans leur Groupe de Projets du Wyoming. Le programme couvrira les propriétés Airline, Jeep, WAC, Big Bend et Jabs situées dans les districts d'uranium du Wyoming.
La Phase II s'appuie sur la Phase I complétée, qui comprenait la compilation de données SIG, la révision des données historiques et les évaluations de permis. BRE développera un cadre d'exploration en intégrant des données historiques, une cartographie géologique et des résultats d'enquêtes radiométriques pour identifier des cibles de forage de haute priorité.
De plus, l'entreprise fait avancer les activités du Projet de Joint Venture Northwest Athabasca (NWA) en Saskatchewan avec Forum Energy. L'infrastructure principale a été livrée, la construction du camp est en cours et des équipes géologiques sont attendues sur site d'ici la fin du mois. Les enquêtes géophysiques commenceront début mars, suivies d'opérations de forage axées sur les cibles de la Zone 2A.
Global Uranium Corp (OTC: GURFF) hat einen Engagement-Brief mit Big Rock Exploration unterzeichnet, um die Phase-II-Erkundungsaktivitäten in ihrem Wyoming-Projektgruppe zu starten. Das Programm umfasst die Grundstücke Airline, Jeep, WAC, Big Bend und Jabs, die in den Uranbezirken von Wyoming liegen.
Phase II baut auf der abgeschlossenen Phase I auf, die die GIS-Datensammlung, die Überprüfung historischer Daten und die Genehmigungsbewertungen umfasste. BRE wird einen Erkundungsrahmen entwickeln, indem historische Daten, geologische Kartierung und Ergebnisse von radiometrischen Erhebungen integriert werden, um hochpriorisierte Bohrziele zu identifizieren.
Darüber hinaus treibt das Unternehmen die Aktivitäten im Northwest Athabasca (NWA) Joint Venture Projekt in Saskatchewan mit Forum Energy voran. Die Kerninfrastruktur wurde geliefert, der Bau des Lagers ist im Gange, und geologische Teams werden bis Ende des Monats vor Ort erwartet. Geophysikalische Erhebungen beginnen Anfang März, gefolgt von Bohrarbeiten, die sich auf die Ziele der Zone 2A konzentrieren.
- Expansion of exploration program with Phase II initiation in Wyoming
- Progress in NWA Joint Venture Project with infrastructure deployment
- Imminent start of drilling operations in Saskatchewan
- None.
Global Uranium Advances Exploration Strategy with Phase II Program in Wyoming
CALGARY, Alberta, March 06, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce that it has signed a Letter of Engagement (“LOE”) with Big Rock Exploration LLC ("BRE") to commence Phase II exploration activities on the Company's Wyoming Group of Projects. The engagement with BRE represents the next step forward in refining exploration targets across the Airline, Jeep, WAC, Big Bend, and Jabs properties, located in key uranium districts within Wyoming.
Under the terms of the engagement, BRE will develop an exploration framework by integrating historical data, geologic mapping, and radiometric survey results to identify high-priority drill targets. This initiative builds upon the successful completion of Phase I, which involved GIS data compilation, historical data review, and permitting assessments. Phase II will focus on further delineating uranium-bearing formations, improving project-level understanding, and preparing for subsequent fieldwork.
"We are excited to continue advancing our Wyoming uranium assets with the support of Big Rock Exploration," stated Ungad Chadda, CEO of Global Uranium. "Their technical expertise and systematic approach to target development align well with our exploration objectives, as we work towards testing for economically viable uranium mineralization within our claim holdings."
In addition to advancing the Wyoming assets, Global Uranium and Forum Energy are continuing to ramp up activities at the Northwest Athabasca (NWA) Joint Venture Project in northern Saskatchewan. Mobilization efforts are progressing, with core infrastructure recently delivered to the project site. Camp construction is well underway, and the final preparations for drilling are being completed. Geological teams are expected to arrive on-site by the end of the month to finalize drill pad layouts, assess terrain conditions, and prepare for drilling operations. Initial geophysical surveys are scheduled to begin in early March, with drilling expected to commence shortly thereafter. The first drill holes are planned to focus on previously identified high-priority targets within Zone 2A, leveraging existing road access for logistical efficiency.
Global Uranium remains committed to executing its exploration strategy across both the Wyoming and NWA projects. Further updates will be provided as exploration activities progress.
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
What is the scope of Global Uranium's Phase II exploration program for GURFF in Wyoming?
When will GURFF begin drilling operations at the Northwest Athabasca Project?
What has been completed in Phase I of GURFF's Wyoming exploration program?
What is the current status of GURFF's Northwest Athabasca Joint Venture Project development?
