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Keyword:in-situ leaching

Verdera Energy to Sell 100% Interest in Treeline Uranium Project in New Mexico, USA

Verdera Energy to Sell 100% Interest in Treeline Uranium Project in New Mexico, USA

Verdera Energy Corp. recently announced that it has entered into a mineral property purchase and sale agreement with Americas Uranium Corp. to sell 100% of its interest in the Treeline uranium project located in New Mexico, USA, with the transaction remaining subject to related royalty arrangements. Under the agreement, Americas Uranium will acquire all interests in the Treeline mineral properties and related titles. The consideration includes US$100,000 in cash payable at closing, and Americas Uranium common shares totaling C$2 million payable in installments over 36 months following closing, with 90% of the share consideration to be paid in stages within that period. In addition, Verdera will retain a 1.5% net proceeds royalty on uranium from the project and a 1.5% net smelter returns royalty on other minerals produced from the project. The royalty can be reduced to 1.0% upon payment of C$400,000 to Verdera.

2026-09-03

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

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...

2026-08-05