Global Uranium Provides Update on the Northwest Athabasca Joint Venture Project Drilling Program
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) ha fornito un aggiornamento sul suo programma di perforazione presso il Progetto Northwest Athabasca (NWA) nel nord della Saskatchewan, una joint venture con Forum Energy Corp. L'azienda rimane in linea con il programma per iniziare le perforazioni all'inizio di marzo 2025.
Le operazioni di mobilitazione stanno procedendo in modo efficiente con disposizioni di trasporto aereo per il personale e i materiali. La preparazione del sito include l'istituzione di una pista d'atterraggio e di un campo per supportare le operazioni. L'azienda ha affinato gli obiettivi di perforazione basandosi su dati geofisici ri-elaborati, e un contratto per un'indagine di resistività è in fase di finalizzazione, con una raccolta dati prevista in 2-3 settimane.
Il CEO Ungad Chadda ha espresso soddisfazione per i progressi dei preparativi del programma di perforazione invernale e per la gestione logistica del team. Gli aspetti tecnici del progetto sono stati esaminati e approvati da Jared Suchan, Ph.D., P.Geo., Vice Presidente dell'Esplorazione dell'azienda e Persona Qualificata secondo il National Instrument 43-101.
Global Uranium Corp (CSE: GURN | OTC: GURFF) ha proporcionado una actualización sobre su programa de perforación en el Proyecto Northwest Athabasca (NWA) en el norte de Saskatchewan, una empresa conjunta con Forum Energy Corp. La compañía sigue en el cronograma para comenzar la perforación a principios de marzo de 2025.
Los esfuerzos de movilización están avanzando de manera eficiente con arreglos de transporte aéreo para el personal y los materiales. La preparación del sitio incluye el establecimiento de una pista de aterrizaje y un campamento para apoyar las operaciones. La compañía ha refinado los objetivos de perforación basándose en datos geofísicos reprocesados, y se está finalizando un contrato para una encuesta de resistividad, que se espera tome de 2 a 3 semanas para la recolección de datos.
El CEO Ungad Chadda expresó satisfacción por el progreso de los preparativos del programa de perforación invernal y la gestión logística del equipo. Los aspectos técnicos del proyecto han sido revisados y aprobados por Jared Suchan, Ph.D., P.Geo., Vicepresidente de Exploración de la compañía y Persona Calificada según el Instrumento Nacional 43-101.
Global Uranium Corp (CSE: GURN | OTC: GURFF)는 포럼 에너지 코프와의 합작 투자로 북부 사스캐처원에 위치한 노스웨스트 아타바스카(NWA) 프로젝트의 드릴링 프로그램에 대한 업데이트를 제공했습니다. 이 회사는 2025년 3월 초에 드릴링을 시작할 예정입니다.
인원 및 자재의 항공 운송 준비가 효율적으로 진행되고 있습니다. 현장 준비에는 운영을 지원하기 위한 비행장 및 캠프 설치가 포함됩니다. 이 회사는 재처리된 지구 물리학 데이터를 기반으로 드릴링 목표를 정제하였으며, 저항률 조사 계약이 최종화되고 있으며, 데이터 수집에는 2-3주가 소요될 것으로 예상됩니다.
CEO인 Ungad Chadda는 겨울 드릴 프로그램 준비와 팀의 물류 관리에 대한 진행 상황에 만족을 표했습니다. 프로젝트의 기술적인 측면은 회사의 탐사 부사장인 Jared Suchan, Ph.D., P.Geo.에 의해 검토되고 승인되었습니다.
Global Uranium Corp (CSE: GURN | OTC: GURFF) a fourni une mise à jour sur son programme de forage au Projet Northwest Athabasca (NWA) dans le nord de la Saskatchewan, un partenariat avec Forum Energy Corp. L'entreprise reste dans les délais pour commencer le forage début mars 2025.
Les efforts de mobilisation avancent efficacement avec des arrangements de transport aérien pour le personnel et les matériaux. La préparation du site comprend l'établissement d'une piste d'atterrissage et d'un camp pour soutenir les opérations. L'entreprise a affiné les cibles de forage sur la base de données géophysiques re-traitées, et un contrat pour une enquête de résistivité est en cours de finalisation, devant prendre 2-3 semaines pour la collecte des données.
Le PDG Ungad Chadda a exprimé sa satisfaction quant aux progrès des préparatifs du programme de forage hivernal et à la gestion logistique de l'équipe. Les aspects techniques du projet ont été examinés et approuvés par Jared Suchan, Ph.D., P.Geo., Vice-président de l'exploration de l'entreprise et personne qualifiée selon le National Instrument 43-101.
Global Uranium Corp (CSE: GURN | OTC: GURFF) hat ein Update zu seinem Bohrprogramm im Northwest Athabasca (NWA) Projekt im Norden von Saskatchewan, einer Joint Venture mit Forum Energy Corp, bereitgestellt. Das Unternehmen liegt im Zeitplan, um Anfang März 2025 mit den Bohrungen zu beginnen.
Die Mobilisierungsmaßnahmen verlaufen effizient mit Lufttransportarrangements für Personal und Material. Die Standortvorbereitung umfasst den Bau einer Landebahn und eines Camps zur Unterstützung der Operationen. Das Unternehmen hat die Bohrziele auf der Grundlage von neu aufbereiteten geophysikalischen Daten verfeinert, und ein Vertrag für eine Widerstandsmessung wird finalisiert, der voraussichtlich 2-3 Wochen für die Datensammlung in Anspruch nehmen wird.
CEO Ungad Chadda äußerte Zufriedenheit mit dem Fortschritt der Vorbereitungen für das Winterbohrprogramm und dem Logistikmanagement des Teams. Die technischen Aspekte des Projekts wurden von Jared Suchan, Ph.D., P.Geo., dem Vizepräsidenten für Exploration des Unternehmens und qualifizierten Personen gemäß dem National Instrument 43-101, überprüft und genehmigt.
- On track to commence drilling program in early March 2025
- Successfully progressing with site preparation and logistics
- Enhanced drilling targets through reprocessed geophysical data
- None.
Global Uranium on Schedule to Commence Drilling in Early March
CALGARY, Alberta, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to provide an update on its drilling program at the Northwest Athabasca (“NWA”) Project, a joint venture with the operator Forum Energy Corp. (the “Operator”), located in northern Saskatchewan. Mobilization efforts are advancing, and the Company remains on track to commence drilling in early March.
The project site is progressing efficiently, with the team actively managing logistics to ensure smooth operations. The Operator has arranged air transport for personnel and key materials, with the first flight set to arrive in a few days. Heavier equipment and additional supplies will be delivered as needed. On-site preparation is advancing well, with a strong focus on establishing the airstrip and camp to support ongoing operations. Strategic planning is in place to maintain steady progress, keeping the drilling program on track and moving forward successfully.
The Company has refined its drilling targets based on recently reprocessed geophysical data. The first drill target is readily accessible, and additional geophysical survey results are expected to further enhance targeting. A resistivity survey contract is currently being finalized, with data collection expected to take approximately 2-to-3 weeks. Drilling operations are anticipated to begin in early-March, weather permitting.
“We are pleased with the steady progress at the Northwest Athabasca Project as we move toward the launch of our winter drill program. The team has done an excellent job managing logistics and ensuring a smooth mobilization process, keeping us on track to begin drilling in early March,” said, Ungad Chadda, CEO of Global Uranium. “Refining our drill targets based on reprocessed geophysical data has further strengthened our approach, and we are confident that the upcoming resistivity survey will provide additional valuable insights.”
With mobilization progressing and key logistical challenges being addressed, the NWA Project is well-positioned for the winter drill program. The Company looks forward to updating investors as drilling commences and further exploration results become available.
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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