U.S. Uranium Corp.'s Lo Herma Project Uranium Resources Surge to 9.96 Million Pounds

U.S. Uranium Corp. announced a significant increase in uranium resources at its Lo Herma project in Wyoming, reaching 9.96 million pounds of U3O8. This growth is primarily attributed to a 72% increase in indicated resources, reflecting the company's growing confidence in project development. This update lays the groundwork for the feasibility study planned for 2026 and further solidifies its position in the nuclear fuel supply sector.

The uranium resource estimate for the Lo Herma project shows indicated resources of 4.7 million pounds of U3O8, accounting for a significant portion of total resources. Through the integrated analysis of data from 120 drill holes during 2025-2026, the company has not only increased total resources but also added resources available for feasibility studies within potential mineralized zones, while improving the proportion of indicated resources. These data improvements will provide a more solid foundation for subsequent mining planning and project evaluation.

The Lo Herma project utilizes in-situ recovery (ISR) technology, a method that extracts uranium without the need for traditional open-pit or underground mining. The company believes that the project's resource base and development readiness are comparable to Ur-Energy's Shirley Basin satellite project and the Luderman project operated by Uranium Energy Corp. These projects all adopt a "hub and spoke" model for regional development in Wyoming.

Currently, U.S. Uranium Corp.'s total uranium resources in Wyoming have reached 11.62 million pounds of U3O8. Although no specific commercial development timeline has been announced, this resource update marks a significant step forward for the company. Next, hydro-pumping tests will be conducted to supplement existing data, preparing for the feasibility study expected to commence in early Q4 2026.