Global Uranium Completes Historic Data Compilation on Wyoming Uranium Projects
February 18 2025 - 8:00AM
Global Uranium Corp. (CSE:
GURN |
OTC:
GURFF | FRA:
Q3J) (the
“
Company”) is pleased to announce the completion
of a comprehensive historic data compilation and geospatial mapping
program on its Wyoming uranium projects. The work, conducted by Big
Rock Exploration, provides a foundation for developing a drill
targeting model across all five project areas.
The compilation involved digitizing neighboring
claims, compiling historic geological and radiometric data,
georeferencing access routes, and integrating key exploration
datasets. Publicly available drill logs, surveys, and historic mine
data were incorporated to refine the regional uranium exploration
framework. This work supports the Company’s ability to identify
high-priority targets and improve the efficiency of future
exploration programs.
“With this historic data compilation phase
complete, we now have the technical groundwork needed to advance
our Wyoming projects to the next stage,” said Ungad Chadda, CEO of
Global Uranium. “By leveraging both historical and modern datasets,
we are now better positioned to refine our drill targets and
accelerate project development.”
With the historic data review now complete, the
Company will turn its focus onto refining the roadmap to drilling.
The next phase of work will involve reviewing exploration
strategies to optimize targeting, assessing permitting
considerations, and identifying the most effective geophysical
techniques to enhance subsurface modeling. The Company is
continuing to evaluate the potential use of magnetic and
radiometric surveys to refine target areas further. Additional
field-based validation work is planned to assess access routes and
confirm site conditions for potential drilling.
The results of this program will be incorporated
into Global Uranium’s exploration plans, with additional
geophysical and geochemical surveys anticipated prior to initiating
the permitting process. The Company remains committed to a
data-driven exploration strategy, leveraging historical and modern
datasets to maximize project potential.
Qualified PersonJared Suchan,
Ph.D., P.Geo., Global Uranium’s Vice President of Exploration and
Qualified Person under National Instrument 43-101, has reviewed and
approved the contents of this news release.
About Global Uranium Corp.
Global Uranium Corp. focuses on exploring and developing uranium
assets primarily in North America. The Company currently holds key
uranium projects: the Wing Lake Property in the Mudjatik Domain of
Northern Saskatchewan, Canada; the Northwest Athabasca Joint
Venture with Forum Energy Metals Corp. and NexGen Energy Ltd. in
the Northwest Athabasca region of Saskatchewan, Canada; and the
Great Divide Basin District Projects, the Gas Hills District
Projects, and the Copper Mountain District Projects in Wyoming,
USA.
On Behalf of The Management
Team
Ungad
ChaddaCEO587-330-0045info@globaluranium.com
Forward-Looking Statements
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of
the words “could”, “intend”, “expect”, “believe”, “will”,
“projected”, “estimated” and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on the Company’s
current belief or assumptions as to the outcome and timing of such
future events. In particular, this press release contains
forward-looking information relating to, among other things, the
intention to continue exploration efforts on the Project with the
aim of further unlocking the Project’s potential; and the
expectation that natural attenuation will allow the site to recover
without further action.
Although forward-looking information is based on
the reasonable assumptions of the Company’s management, there can
be no assurance that any forward-looking information will prove to
be accurate. Forward-looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking information. Such factors include
the risk that exploration of the Project may not continue, whether
as a result of a lack of financial resources, a failure to receive
the requisite permits or approvals, the discretion of management of
the joint venture or otherwise; the risk that exploration of the
Project will not progress as currently contemplated and, that, even
if exploration does proceed as anticipated, such exploration
activities may not achieve their anticipated outcomes; risks
inherent in the exploration and development of mineral projects,
including risks relating to receiving requisite permits and
approvals, changes in project parameters or delays as plans
continue to be redefined, that mineral exploration is inherently
uncertain and that the results of mineral exploration may not be
indicative of the actual geology or mineralization of a project;
the risk that mineral exploration may be unsuccessful or fail to
achieve the results anticipated by the Company; risks related to
joint ventures and the other risks and factors identified by the
Company in its continuous disclosure filings, filed on the
Company’s SEDAR+ profile at www.sedarplus.ca.
The forward-looking information contained in
this release is made as of the date hereof, and the Company is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
The Canadian Securities Exchange has not
reviewed, approved, or disapproved the contents of this press
release.
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