2 articles about uranium mining
American Uranium has completed its 2025 resource expansion drilling program at the Lo Herma ISR uranium project in Wyoming’s Powder River Basin. The program aimed to extend the project’s resource base, with results to inform an updated mineral resource estimate and further drilling in 2026.
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Basin Energy has executed a definitive mineral rights sale and purchase agreement (SPA) to fully transfer its Marshall Uranium Project in Saskatchewan, Canada, to Green Canada Corporation (GCC), a subsidiary of PTX Metals. The transaction, valued at C$600,000 in cash and C$300,000 in shares over specified periods, is contingent upon GCC's reverse takeover of Maackk Capital, a C$2.5 million financing, and a public listing. This strategic move allows Basin Energy to unlock value from the project while retaining significant upside potential through equity interest, a buyback option, and exploration commitments from GCC.
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