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Pegasus Resources Inc - SLTFF STOCK NEWS

Welcome to our dedicated page for Pegasus Resources news (Ticker: SLTFF), a resource for investors and traders seeking the latest updates and insights on Pegasus Resources stock.

Pegasus Resources Inc. (SLTFF) is a diversified Junior Canadian Mineral Exploration Company focusing on uranium, gold, and base metal properties in North America. Their recent geological mapping and sampling program at the Energy Sands project in Utah has revealed promising mineralization potential, with significant uranium grades detected in samples. Collaborating with Dahrouge Geological Consulting USA Ltd., Pegasus aims to advance its exploration efforts on the property. The Company is committed to making informed decisions based on valuable insights gathered from geological assessments, with plans for a drill program in the near future.

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Pegasus Resources Inc. is commencing a geological mapping and sampling program on its past-producing Energy Sands property in Utah. The company has engaged Dahrouge Geological Consulting USA Ltd. to conduct the assessment. Pegasus aims to compile data to inform the application process for permits and commence a drill program in 2024. CEO Christian Timmins is optimistic about the potential of Energy Sands to contribute to the domestic uranium sector, aligning with the recent announcement from the Department of Energy regarding plans to establish domestic uranium enrichment facilities.
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Pegasus Resources Inc. (TSXV:PEGA) reflects on a successful 2023 and looks forward to a promising 2024, highlighting cost-cutting measures, permit acquisitions, strategic land expansion, and project success. The company is poised to capitalize on the growing demand for uranium, especially in the USA, aligning with the Department of Energy's recent announcement regarding a final request for uranium enrichment services and USA-sourced uranium supplies.
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Pegasus Resources Inc. (PEGA) successfully closed a non-brokered private placement, raising gross proceeds of $659,140. The offering included 2,875,875 non-flow-through units and 995,000 flow-through units. The company's Director, Noah Komavli, subscribed for $3,000 in the non-flow-through offering. The proceeds will be used for exploration of mineral properties and operational expenses. Finders' fees, broker warrants, and statutory hold periods apply to the shares issued.
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Pegasus Resources Inc. (TSX.V: PEGA) has applied to increase the size of its Non-Brokered Flow-Through Private Placement (NFT Offering) and the Non-Brokered Flow-Through Private Placement (FT Offering) to raise aggregate gross proceeds of up to CND$2,000,000. The company plans to use the proceeds for exploration and drilling programs on its Saskatchewan Athabasca Basin properties and Mozzie Lake property.
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Pegasus Resources Inc. (TSX-V:PEGA)(Frankfurt:0QS0)(OTC PINK:SLTFF) is pleased to announce the analytical results from its 2023 ground exploration program at the Punch Bowl Property, Golden Project in east-central British Columbia. The program included 25 rock samples, with seven having returned greater than 0.13 g/t Au. Three samples returned values of 4.70 g/t Au, 3.87 g/t Au, and 1.61 g/t Au. The 2023 samples extended mineralization of the gold-bearing quartz vein set to approximately 200 m along strike and located previously unsampled mineralized quartz vein(s) on McGilvary Ridge. The company is greatly encouraged by the results from the exploration campaign and looks forward to continuing to advance this project during the summer of 2024.
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Pegasus Resources Inc. (PEGA) has expanded its Energy Sands property in Utah by 160% with the addition of 48 new lode claims. The company plans to initiate a mapping and sampling program to delineate potential drill targets and submit applications for drilling permits. The goal is to make the property drill-ready by the second quarter of the upcoming year.
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Pegasus Resources Inc. (TSXV:PEGA) Announces Non-Brokered Private Placements to Raise Funds for Exploration and Operations
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Pegasus Resources Inc. has entered into a services agreement with Red Cloud Securities Inc. for market making services. The agreement initially spans twelve months and is subject to renewal on a month-to-month basis. Pegasus will compensate RCSI with an aggregate fee of $5,000 per month during the 12-month term.
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Pegasus Resources Inc. (OTC: SLTFF) has announced the commencement of exploration permit applications and crew mobilization for the Chord Uranium Project, located near the licensed Dewey–Burdock ISR Uranium deposit. This project covers historic uranium mineralization drilled by Union Carbide Corp, showcasing a total of 2,379,990 lbs. U3O8, with a potential additional resource of 1,440,000 lbs. U3O8. The exploration aims to evaluate both underground and open-pit mining resources from key formations, enhancing the company's focus on uranium alongside its other mineral properties.

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FAQ

What is the current stock price of Pegasus Resources (SLTFF)?

The current stock price of Pegasus Resources (SLTFF) is $0.05 as of February 28, 2025.

What is the market cap of Pegasus Resources (SLTFF)?

The market cap of Pegasus Resources (SLTFF) is approximately 2.6M.

What is Pegasus Resources Inc. focused on?

Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a primary focus on uranium, along with exposure to gold and base metal properties in North America.

What recent achievements has Pegasus Resources Inc. announced?

Pegasus Resources Inc. recently completed a comprehensive geological mapping and sampling program on its Energy Sands property in Utah, revealing significant mineralization potential with high uranium grades.

Who did Pegasus Resources Inc. collaborate with for the recent geological assessments?

Pegasus Resources Inc. collaborated with Dahrouge Geological Consulting USA Ltd. to conduct the geological mapping and sampling program on the Energy Sands property in Utah.

What are Pegasus Resources Inc.'s plans for the future?

Pegasus Resources Inc. aims to advance its exploration efforts based on the insights gained from geological assessments, with plans for a upcoming drill program on the Energy Sands property.
Pegasus Resources Inc

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