Uranium Energy Corp Intersects 11.4% eU3O8 over 2.4 metres at Roughrider North Discovery, 850 meters Northeast of the Roughrider deposit
Uranium Energy Corp (UEC) reports impressive drilling results from its Roughrider Project in Northern Saskatchewan, Canada. Drill hole RR-961, located 850 meters northeast of the main Roughrider deposit, intersected high-grade uranium mineralization grading 11.4% eU3O8 over 2.4 metres, including a sub-interval of 24.9% eU3O8 over 1.0 metres. This follows the previously reported RR-940 drill hole, which yielded 12.7% eU3O8 over 7.2 metres.
The ongoing drill program has identified uranium mineralization along a 200-metre strike length at Roughrider North, with a high-grade core spanning approximately 55 metres. The mineralization remains open to the east and west, suggesting potential for further expansion. With 20 drill holes remaining in the program, UEC anticipates additional results as exploration progresses.
Uranium Energy Corp (UEC) riporta risultati di perforazione impressionanti dal suo progetto Roughrider nel Saskatchewan settentrionale, Canada. Il foro di perforazione RR-961, situato a 850 metri a nord-est del principale deposito Roughrider, ha intersecato mineralizzazione di uranio di alta qualità con una concentrazione di 11.4% eU3O8 su 2.4 metri, inclusa un'ulteriore sezione con un valore di 24.9% eU3O8 su 1.0 metro. Questo segue il precedente foro di perforazione RR-940, che ha riportato un valore di 12.7% eU3O8 su 7.2 metri.
Il programma di perforazione in corso ha identificato mineralizzazione di uranio lungo un tratto di 200 metri nel Roughrider North, con un nucleo di alta qualità di circa 55 metri. La mineralizzazione rimane aperta verso est e ovest, suggerendo potenziali ulteriori espansioni. Con 20 fori di perforazione rimanenti nel programma, UEC prevede ulteriori risultati man mano che l'esplorazione procede.
Uranium Energy Corp (UEC) informa sobre resultados de perforación impresionantes de su proyecto Roughrider en el norte de Saskatchewan, Canadá. El pozo de perforación RR-961, ubicado a 850 metros al noreste del principal depósito Roughrider, intersectó mineralización de uranio de alta ley con una concentración del 11.4% eU3O8 en 2.4 metros, incluyendo un subintervalo de 24.9% eU3O8 en 1.0 metro. Esto sigue al pozo de perforación RR-940 previamente reportado, que produjo 12.7% eU3O8 en 7.2 metros.
El programa de perforación en curso ha identificado mineralización de uranio a lo largo de un trazo de 200 metros en Roughrider North, con un núcleo de alta ley que abarca aproximadamente 55 metros. La mineralización permanece abierta hacia el este y el oeste, sugiriendo potencial para una expansión adicional. Con 20 pozos de perforación restantes en el programa, UEC anticipa resultados adicionales a medida que avanza la exploración.
우라늄 에너지 Corp (UEC)가 캐나다 북부 사스카처완에 있는 러프라이더 프로젝트에서 인상적인 시추 결과를 보고했습니다. 주요 러프라이더 매장지에서 북동쪽으로 850미터 떨어진 시추 구멍 RR-961이 2.4미터에서 11.4% eU3O8 등급의 고품질 우라늄 광물화를 발견했으며, 1.0미터 구간에서는 24.9% eU3O8를 기록했습니다. 이는 이전에 보고된 RR-940 시추 구멍의 결과로, 해당 구멍은 7.2미터에서 12.7% eU3O8을 기록했습니다.
진행 중인 시추 프로그램은 러프라이더 노스 지역에서 200미터 스트라이크 길이를 따라 우라늄 광물화를 확인했으며, 약 55미터에 걸쳐 고품질 핵심을 형성하고 있습니다. 광물화는 동쪽과 서쪽으로 열려 있어 추가 확장의 가능성을 시사합니다. 프로그램에 남은 20개의 시추 구멍이 있으므로 UEC는 탐사가 진행됨에 따라 추가 결과를 기대하고 있습니다.
Uranium Energy Corp (UEC) annonce des résultats de forage impressionnants provenant de son projet Roughrider dans le Saskatchewan Nord, Canada. Le trou de forage RR-961, situé à 850 mètres au nord-est du dépôt principal Roughrider, a croisé une minéralisation d'uranium de haute qualité avec une teneur de 11,4 % eU3O8 sur 2,4 mètres, dont un sous-intervalle de 24,9 % eU3O8 sur 1,0 mètre. Cela fait suite au trou de forage RR-940 précédemment rapporté, qui a donné 12,7 % eU3O8 sur 7,2 mètres.
Le programme de forage en cours a identifié une minéralisation d'uranium sur une longueur de 200 mètres à Roughrider Nord, avec un cœur de haute qualité s'étendant sur environ 55 mètres. La minéralisation reste ouverte à l'est et à l'ouest, suggérant un potentiel d'expansion supplémentaire. Avec 20 trous de forage restant dans le programme, UEC anticipe des résultats supplémentaires à mesure que l'exploration progresse.
Uranium Energy Corp (UEC) berichtet von beeindruckenden Bohrergebnissen aus seinem Roughrider-Projekt in Nord-Saskatchewan, Kanada. Das Bohrloch RR-961, das 850 Meter nordöstlich des Hauptdepot Roughrider liegt, schnitt hochgradige Uranmineralisation mit 11,4% eU3O8 über 2,4 Meter, einschließlich eines Unterabschnitts von 24,9% eU3O8 über 1,0 Meter. Dies folgt auf das zuvor gemeldete Bohrloch RR-940, das 12,7% eU3O8 über 7,2 Meter ergab.
Das laufende Bohrprogramm hat Uranmineralisation entlang eines 200-Meter-Streckenlänge im Roughrider North identifiziert, mit einem hochgradigen Kern, der etwa 55 Meter umfasst. Die Mineralisation bleibt nach Osten und Westen offen, was auf weiteres Expansionspotenzial hinweist. Mit noch 20 verbleibenden Bohrlöchern im Programm erwartet UEC zusätzliche Ergebnisse, während die Erkundung voranschreitet.
- High-grade uranium mineralization discovered 850 meters northeast of the main Roughrider deposit
- Drill hole RR-961 intersected 11.4% eU3O8 over 2.4 metres, including 24.9% eU3O8 over 1.0 metres
- Uranium mineralization at Roughrider North extends along ~200 metres of strike length
- High-grade core of the area measures ~55 metres of strike
- Mineralization remains open to the east and west, indicating potential for expansion
- None.
Insights
The recent drill results from UEC's Roughrider Project are highly significant. The intersection of 11.4% eU3O8 over 2.4 metres, including a sub-interval of 24.9% eU3O8 over 1.0 metres, indicates exceptional uranium grades. These results, combined with the previously reported 12.7% eU3O8 over 7.2 metres, suggest a potentially substantial high-grade uranium deposit.
The 200-metre strike length of mineralization, with a 55-metre high-grade core, is promising. The fact that the mineralization remains open to the east and west implies potential for further expansion. This discovery, located 850 metres northeast of the main Roughrider deposit, could significantly increase the project's resource base and economic viability.
UEC's Roughrider Project is showing impressive potential. The high-grade intersections are well above the average grades typically seen in uranium deposits, which usually range from 0.1% to 2% U3O8. This could translate to lower mining costs and higher profitability per tonne of ore extracted.
The proximity to the existing Roughrider deposit (850 metres) is advantageous, potentially allowing for shared infrastructure and reducing development costs. With 20 drill holes remaining in the program, there's a strong possibility of further high-grade intersections, which could significantly enhance the project's economic profile. Investors should watch for the upcoming results, as they could be a catalyst for UEC's stock performance.
While these high-grade uranium results are promising from a mining perspective, it's important to consider the environmental implications. High-grade uranium deposits can pose increased radiological risks during mining and processing. However, they also mean less ore needs to be processed to produce the same amount of uranium, potentially reducing the overall environmental footprint.
The project's location in Northern Saskatchewan is significant, as the region has a well-established regulatory framework for uranium mining. UEC will need to ensure strict adherence to environmental protocols, particularly given the proximity to water bodies in the Athabasca Basin. Stakeholders should monitor UEC's environmental management plans and community engagement efforts as the project advances.
NYSE American: UEC
Drilling 850 metres northeast of the Roughrider Project Deposit has intersected additional high-grade uranium mineralization:
- Drill hole RR-961 grades
11.4% eU3O8 over 2.4 metres with a high-grade sub interval that is24.9% eU3O8 over 1.0 metres. - RR-961 followed-up RR-940 that was reported on August 20, 2024 and graded
12.7% eU3O8 over 7.2 metres(1). RR-961 is 15 metres along strike to the east of RR-940. - An additional 20 drill holes remain in the drill program and further results will be forthcoming as the program progresses.
UEC's ongoing drill program on the Project continues to explore along the north trend. To date uranium mineralization at Roughrider North has been encountered along ~200 metres of strike length, with the high-grade core of the area now measuring ~55 metres of strike with this most recent intersection. The high-grade uranium mineralization at Roughrider North remains open to the east and west.
About Roughrider North
The Roughrider North discovery has been identified along an exploration trend that is parallel to the Roughrider Project. The uranium mineralization thus far at the Roughrider North Discovery is entirely in the basement about 250 metres below the surface.
Chris Hamel, Vice President Exploration,
Table 1, outlined below, details the equivalent uranium intersections ("eU3O8") from select drill holes from the 2024 summer campaign. Figure 1 shows the immediate Roughrider Project area in the Northern part of
From | To (m) | Width | Avg. | Cut-off | GT | ||||
RR-909 | 244.3 | 264.8 | 20.6 | 0.07 | 0.05 | 1.4 | |||
RR-910 | 250.3 | 305.5 | 55.2 | 0.52 | 0.05 | 28.8 | |||
incl. | 250.3 | 255.4 | 5.1 | 1.63 | 0.05 | 8.3 | |||
incl. | 297.6 | 305.5 | 7.9 | 2.53 | 0.05 | 20.0 | |||
RR-913 | 262.8 | 310.3 | 47.5 | 0.47 | 0.05 | 22.1 | |||
incl. | 307.8 | 309.9 | 2.1 | 6.81 | 1.00 | 14.3 | |||
RR-919 | 304.1 | 307.1 | 3.0 | 2.23 | 0.05 | 6.7 | |||
incl. | 304.4 | 306.2 | 1.8 | 3.51 | 1.00 | 6.3 | |||
RR-925 | 239.8 | 313.0 | 73.3 | 0.11 | 0.05 | 7.8 | |||
incl. | 244.3 | 246.1 | 1.9 | 1.83 | 1.00 | 3.5 | |||
RR-929 | 291.1 | 300.2 | 9.1 | 0.79 | 0.05 | 7.2 | |||
incl. | 291.5 | 292.3 | 0.8 | 1.38 | 1.00 | 1.1 | |||
incl. | 294.2 | 295.0 | 0.8 | 2.76 | 1.00 | 2.2 | |||
RR-930 | 282.8 | 288.4 | 5.6 | 0.18 | 0.05 | 1.0 | |||
RR-933 | 242.2 | 244.7 | 2.5 | 0.0936 | 0.05 | 0.2 | |||
230.6 | 231.1 | 0.5 | 0.08 | 0.05 | 0.0 | ||||
249.9 | 264.2 | 14.3 | 3.00 | 0.05 | 42.8 | ||||
incl. | 251.9 | 262.2 | 10.3 | 4.06 | 1.00 | 41.8 | |||
incl. | 260.4 | 260.8 | 0.4 | 14.68 | 10.00 | 5.9 | |||
RR-934 | 316.2 | 318.1 | 1.9 | 0.22 | 0.05 | 0.4 | |||
327.1 | 328.4 | 1.3 | 0.07 | 0.05 | 0.1 | ||||
RR-935 | 319.1 | 320.2 | 1.1 | 0.05 | 0.05 | 0.1 | |||
324.1 | 327.9 | 3.8 | 0.10 | 0.05 | 0.4 | ||||
RR-937 | 313.8 | 315.7 | 1.9 | 0.64 | 0.05 | 1.2 | |||
incl. | 314.8 | 315.4 | 0.6 | 1.44 | 1.00 | 0.9 | |||
RR-938 | 322.4 | 323.2 | 0.8 | 0.32 | 0.05 | 0.3 | |||
RR-940 | 271.1 | 284.6 | 13.5 | 6.96 | 0.05 | 93.9 | |||
incl. | 271.2 | 283.4 | 12.2 | 7.69 | 0.10 | 93.8 | |||
incl. | 273.2 | 280.4 | 7.2 | 12.71 | 1.00 | 91.5 | |||
incl. | 281.9 | 282.5 | 0.6 | 1.99 | 1.00 | 1.2 | |||
RR-945 | 270.8 | 281.3 | 10.5 | 3.17 | 0.05 | 33.2 | |||
incl. | 271.7 | 280.8 | 9.1 | 3.61 | 1.00 | 32.9 | |||
incl. | 273.6 | 273.9 | 0.3 | 10.62 | 10.00 | 3.2 | |||
incl. | 277.6 | 278.2 | 0.6 | 15.18 | 10.00 | 9.1 | |||
RR-948 | 292.4 | 293.5 | 1.1 | 0.62 | 0.05 | 0.7 | |||
incl. | 292.9 | 293.1 | 0.2 | 1.10 | 1.00 | 0.2 | |||
RR-949-1 | 255.6 | 261.6 | 6.0 | 0.14 | 0.05 | 0.8 | |||
incl. | 255.6 | 257.3 | 1.7 | 0.14 | 0.05 | 0.2 | |||
incl. | 259.8 | 261.6 | 1.8 | 0.33 | 0.05 | 0.6 | |||
RR-950 | 266.7 | 268.1 | 1.4 | 0.27 | 0.05 | 0.4 | |||
RR-954 | 228.0 | 228.7 | 0.7 | 0.05 | 0.05 | 0.0 | |||
278.5 | 280.1 | 1.6 | 0.18 | 0.05 | 0.3 | ||||
294.8 | 296.9 | 2.1 | 0.45 | 0.05 | 0.9 | ||||
RR-958 | 266.9 | 269.5 | 2.6 | 0.20 | 0.05 | 0.5 | |||
RR-961 | 330.1 | 332.5 | 2.4 | 11.40 | 0.05 | 27.3 | |||
incl. | 330.5 | 332.1 | 1.6 | 16.93 | 1.00 | 27.1 | |||
incl. | 330.8 | 331.8 | 1.0 | 24.88 | 10.00 | 24.9 |
*Due to the preliminary nature of these results, true thicknesses have not yet been estimated. |
About
The
All of
Uranium mineralization in the
The uranium concentrations in the holes presented above from the radiometric equivalent uranium grade ("REG"), denoted as eU3O8, were determined in-situ within the drill hole. For more information on REGs please see the "About Radiometric Equivalent Grades" section below.
About Radiometric Equivalent Grades
The eU3O8 grades were estimated in-situ within the drill holes using calibrated down-hole radiometric gamma probes lowered down into the hole. This is a measuring method commonly used by uranium explorers and miners in the
The standard and shielded probes were calibrated prior to the commencement of the current drill program at the Saskatchewan Research Council's ("SRC") test pit facility in
Samples from all holes have been collected for assay analysis to confirm these equivalent grades. The samples will be analyzed at SRC's Geoanalytical Laboratory in
About the Roughrider Uranium Project
The Roughrider Project is a uranium project located in the eastern
Qualified Persons and Data Acquisition
The technical information in this news release has been reviewed and approved by Chris Hamel, P.Geo., UEC's Vice President Exploration,
About Uranium Energy Corp
Uranium Energy Corp is the fastest growing supplier of fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery ("ISR") uranium projects in
1. | Press Release: Uranium Energy Corp Intersects |
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NYSE American: UEC
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Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable
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FAQ
What were the latest drilling results for Uranium Energy Corp's Roughrider Project?
Where is the new uranium mineralization located in relation to the main Roughrider deposit?
What is the extent of the uranium mineralization discovered at Roughrider North?