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Global Uranium Provides Corporate Update

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Global Uranium
Global Uranium

Progress in Athabasca Basin and Wyoming Projects Paves the Way for 2025 Exploration Activities

CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to provide a summary of its accomplishments throughout 2024 and an exploration outlook for 2025. The Company has advanced its flagship Northwest Athabasca Project option (“NWA Project”) in Saskatchewan and its uranium exploration projects in Wyoming, positioning itself for an active and results-focused year ahead.

In Saskatchewan, a series of critical environmental initiatives was completed on the NWA Project (please see news release dated November 26, 2024). In conjunction with the drill permitting process, a remediation program was completed, including soil testing to confirm successful clean-up (see news release dated November 26, 2024). Additionally, the NWA Project entered the “Duty to Consult” phase of permitting, as the Company continues to work collaboratively with local rights holders with the aim of moving the permitting process forward efficiently.

In Wyoming, the Company completed a preliminary ground-based radiometric survey and drone imagery program across multiple claim blocks, including the Airline #2 and Big Bend projects (see news release dated November 19, 2024). These surveys, which included radiometric data collection and the creation of high-resolution drone imagery and digital elevation models (DEMs), were key milestones in advancing exploration targets across the region. The collected data will help to identify anomalies and structural features that may indicate uranium mineralization. To advance its exploration strategy, the Company engaged Big Rock Geoscience (“BRG”), a leading geological consulting group based out of Minnesota. BRG has been tasked with compiling historical data, conducting detailed desktop studies, and refining drill targets for both the Wyoming projects (please see news release dated December 3, 2024).

Looking ahead, the Company is preparing for an active exploration season in 2025 with programs planned across its project portfolio. At the NWA Project, pending receipt of exploration permit approvals, the Company intends to commence a winter drilling program that will target high-priority areas identified through historical gravity and electromagnetic (EM) surveys. The initial program is anticipated to include up to 3,000 meters of diamond drilling, with a focus on testing for extensions of known uranium-bearing structures and identifying new mineralized zones. Results from this program are expected to inform follow-up exploration plans, which are slated to commence in summer 2025. In Wyoming, the Company plans to integrate the results of its radiometric and drone surveys with historical exploration data in order to generate priority ground follow-up targets and potential drill programs. The focus will remain on refining roll-front uranium targets, with additional ground-based geophysical surveys, including magnetic surveys and passive seismic programs being considered to support target development.


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