GTI Energy Ltd’s Post

Good to see more encouraging results from Laramide Resources Ltd's Westmoreland uranium project in Australia. Growth in global demand for nuclear power means that more uranium will be needed, and exploration programs such as this have the potential to deliver new mineral resources to support this planned growth! #mining #uranium #exploration

We're pleased to advise that both resource extension and broader #exploration #drilling has recommenced at the Samphire #Uranium Project south of Whyalla, #SouthAustralia for the duration of the 2024 calendar year. Alligator’s Managing Director and CEO Greg Hall stated: “The Samphire Uranium Project has been shown through our recent scoping study to represent an economically significant project in the current and improving uranium market. This study was however limited to a targeted production profile from the declared Blackbush JORC compliant resource. As announced previously, the next steps are to enhance this project through adjacent and regional exploration. We are pleased to advise that, in line with our plans, drilling has recommenced at the Blackbush deposit to target enlarging and extending the overall total JORC Mineral Resource Estimate for the Samphire Project. This year-round drilling program, with the exception of planned breaks around the pastoralists lambing season in May, is an important and positive start to a busy 2024 for Alligator Energy.” Read the full ASX announcement here: 🔗 https://lnkd.in/eFZjr5g3 #AGE #ASXNews

Uranium Co. Begins Drilling at High-Grade Eastern Athabasca Basin Project: https://ow.ly/58WJ50TfHvm Skyharbour Resources Ltd. (TSX-V: SYH) has started its summer drill program at its 100%-owned high-grade Moore uranium project in the infrastructure-rich eastern Athabasca Basin. Read why one analyst thinks juniors like it will soon be in a much bigger spotlight. $SYH:TSXV $SYHBF #uraniumstocks #U308

Snow Lake Resources launches uranium drilling in Namibia Snow Lake Resources Ltd. has initiated drilling at the Engo Valley Uranium Project in Namibia, aiming to confirm and delineate the uranium mineralization historically documented at the site. The two-phase drilling program will cover approximately 3,600 meters, with the goal of producing a SK-1300 compliant mineral resource estimate. This move is part of Snow Lake’s strategy to bolster its clean energy mineral portfolio, aligning with global trends in electrification and decarbonization. https://lnkd.in/e-TMx2TJ

🆕 Drilling is ready to go at Atha Energy Corp.'s Angilak uranium project in Nunavut. Drilling at Gemini will follow. Here's an update 💬 from our CEO Troy Boisjoli on what's right around the corner at two of our major uranium projects 😎   ⤵️ Interview Transcript ⤵️   [Host] You've been preparing for a drill program as well at Angilak. So tell me a bit about the preparation and that's going to be starting fairly soon, right? [Troy / CEO @athaenergycorp] Yes. Angilak is going to be first out of the gate in terms of drilling and drills into the ground. The Angilak project hosts the Lac 50 deposit that's a 43 million lb resource at 0.69% U3O8. We have gear. We have fuel. We have everything mobilized into that site. We're ready to go. It's turnkey ready for the start of June. So out of the gate, it's Angilak drilling starting in June. Following through into July and August. That'll be followed by drilling at Gemini – or the GMZ Zone – end of July/August through into the fall. [Host] Troy, is your message to people: I'm not sure people really understand just how much work is about to start? And, and we've talked about in the past – this is the biggest one the company's ever done. So obviously there's a lot of moving parts that are happening here. Exciting moving parts, though. [Troy] Yeah, really exciting moving parts. We have the largest land position in the uranium space. We have over 8 million acres of exploration property across the Athabasca base and the Thelon Basin and the Central Mineral Belt in Labrador. We have a 43 million pound deposit which we intend to expand this year. We have a discovery in the eastern side of the Athabasca Basin which we intend to exploit and expand this year. And we built – we spent about a year building up to this point right now, where we're about to kick off drilling. Two drills at Angilak. Followed by two drills at GMZ. It's going to be a very big year for us going into what we believe is going to be a very strong second half of the year in the uranium commodities market. /end #AthaEnergy #uraniumexploration #u308 #ATHA #GeminiProject #Angilak #MiningExploration #AthabascaBasin #DrillProgram #saskatchewan #ResourceExpansion #Exploration #uranium #8millionacres #sask

More on today's news that we have commenced our 2024 Angilak Diamond Drilling Exploration Program → Troy Boisjoli CEO of Atha Energy Corp. stated: “On top of being one of the largest, high-grade deposits outside the Athabasca Basin, our team believes the unexplored potential of the Angilak Project – and the region at large – make it one of the most attractive uranium exploration opportunities in the entire uranium sector. Our objective at ATHA is to explore at scale within globally leading uranium jurisdictions, with a focus on projects with future production potential. This comes with the backdrop of the best fundamental demand driven uranium market in decades.” Cliff Revering, VP Exploration added: “We are very excited to see the 2024 exploration and drilling campaign underway at our most advanced uranium Project. Significant work has been completed since the beginning of 2024 to develop a better understanding of the mineralization controls and potential of the Angilak Project, and we’re looking forward to evaluating the potential of this mineralized system.” See the original release for notes, important disclosures and more information → https://lnkd.in/eUia87Bm

Permian Basin deal wave heralds new phase in shale oil revolution The action pushes the Permian into a new era where drilling focused on growth at all costs, which catapulted it into country’s most prolific oilfield, has come to an end. 

**Bayridge gains drilling permit for #uranium project in Canada** - Drilling Permit Secured: Bayridge Resources Inc (CSE: BYRG) (OTC: BYRRF) (FSE: O0K) has secured a three-year #drilling permit for its Waterbury East uranium project in the Athabasca Basin, Saskatchewan, Canada, valid until 31 July 2027. - Exploration Potential: The 1,337-hectare project, situated in a geological setting conducive to both unconformity-hosted and basement-hosted uranium deposits, allows for up to 40 drill sites and necessary preparatory work. - Historical Findings: Historical airborne EM surveys have identified a key east-north-east-striking conductor, with past drilling by CanAlaska Uranium in 2007 revealing a 17m intersection of anomalous uranium enrichment. - Partnership Details: Bayridge has the option to acquire up to an 80% interest in the Waterbury East project from CanAlaska Uranium Ltd, through a combination of cash payments, share issuances, and exploration expenditures over the next four years. - Next Steps: Bayridge, fully funded for a multi-hole drill program set for late Q3 2024, is collaborating with in3D Geoscience to prioritize drilling targets based on recent Geotech VTEM survey data. #mining #mineralexploration #mineralprocessing

#StockBox #FMC #Uranium StockBox caught up with Forum Energy MC CEO Rick Mazur and Nanavut Affairs VP, Allison Rippin Armstrong they discuss recent developments and future plans for the company. Watch below ⬇️ https://lnkd.in/e57SJv6T ➡️ Forum Energy Metals secured $10.4 million in financing, driven by positive investor interest in the uranium market. ➡️ The company plans to allocate the funds primarily to their Nanavut uranium project and a geophysical survey in Saskatchewan for further resource drilling . ➡️ The Nanavut Devolution Agreement, the largest land transfer in Canada's history, shifts decision-making powers to the local Nunavut government, enhancing autonomy and potential benefits for the mining sector in the region. 

Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) has identified significant extensions to the uranium-rich Samphire palaeochannel system at its Samphire Uranium Project, near Whyalla in South Australia. This breakthrough was achieved by integrating newly acquired ground gravity data, which revealed a 50% increase in the uraniferous palaeochannel's strike length. The recent survey identified a remarkable 34 lineal kilometres of extension to the existing 64 kilometres of the palaeochannel system. This discovery extends the palaeochannel's known reach to nearly 100 kilometres, with the newly added segments maintaining outstanding continuity. More at #Proactive #ProactiveInvestors #ASX #OTC #AGE #ALGEF #Uranium #Mining #Energy http://ow.ly/8SFG105rtws