Nuclear Fuels (CSE:NF)

Nuclear Fuels: Building America’s Uranium Resources


Nuclear Fuels (CSE:NF) focuses on the Kaycee Uranium Project in Wyoming seeking to prove up known historic resource and work towards a 43-101 compliant resource of 15 million pounds of uranium. Drilling at the Kaycee Uranium Project includes multiple uranium intercepts of ore-grade thickness and high-grade mineralization showing potential for ISR extraction, an environmentally responsible and economically superior uranium extraction process.

The company’s other assets include the Bootheel Project in Wyoming (uranium), the Moonshine Project in Arizona (uranium), and the LAB Project in Labrador (uranium and rare earth elements). Through this portfolio of projects, Nuclear Fuels is confident it can develop a safe, environmentally superior, and reliable source of domestic uranium, thereby reducing foreign supply dependence and ultimately contributing to the global energy transition.

Kaycee Project

Majority of the Kaycee Uranium Project is not well-explored, with drilling concentrated on approximately 10 percent of the area. The company has begun a 200-hole drill program focused on confirming and expanding historic uranium drill intersections as well as identifying new high-priority targets.

Company Highlights

  • Nuclear Fuels is a uranium exploration company focused on district-scale in-situ recovery (ISR) projects in proven and prolific jurisdictions such as Wyoming.
  • The company is focused on its flagship Kaycee Uranium Project, located in Wyoming’s Powder River Basin. Their goal is to prove up known historic resource and work towards a 43-101 compliant resource of 15 million pounds of uranium. The inaugural 200-hole drill program is currently underway at the Kaycee Project.
  • Positive drill results at Kaycee Project to date, including multiple uranium intercepts of ore-grade thickness and high-grade mineralization showing potential for ISR extraction.
  • Wyoming is the leading uranium-producing state in the US, home to the largest known uranium ore reserves in the country. It is also a jurisdiction that supports energy development, being among a handful of US states with an ‘Agreement State’ status, which provides a streamlined permitting program for new uranium projects.
  • Nuclear Fuels acquired the Kaycee Project from enCore Energy which retains back-in right for a 51 percent stake in the project by paying 2.5 times the exploration expenditures and carrying it to production in case of any major discovery at Kaycee. This provides Nuclear Fuels with a pathway to production.
  • The company is focused on exploring for uranium that is amenable to ISR technology, a process that is environmentally responsible and economically superior. It extracts the uranium in a non-invasive process through the use of natural groundwater and oxygen, coupled with a proven ion exchange process, to recover the uranium.
  • enCore Energy Corp. is the company’s largest shareholder with a 19.9 percent stake, while management and other insiders hold approximately a 10 percent stake.
  • The company is led by industry experts with extensive experience and credentials in uranium exploration and development, and all aspects of ISR uranium operations.
  • In the rising global demand for carbon-free sources of energy production, Nuclear Fuels is well positioned to provide a reliable supply of domestic uranium and critical metal resources.
  • The US is the world’s largest consumer of nuclear energy, with 20 percent of its electric grid fueled by nuclear energy, yet most of its uranium fuel is imported.
  • Uranium prices continue to rise as the shortage of uranium supplies for the West continues to grow.

This Nuclear Fuels profile is part of a paid investor education campaign.*

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Nuclear Fuels

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Advancing district-scale In-Situ Recovery amenable uranium projects towards production in the United States.

Nuclear Fuels Mourns the Passing of Independent Director Eugene Spiering

Nuclear Fuels Mourns the Passing of Independent Director Eugene Spiering

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announces with profound sadness, that Mr. Eugene Spiering a valued member of Nuclear Fuels' Board of Directors, passed away earlier this week.

Nuclear Fuels logo (CNW Group/Nuclear Fuels Inc.)

Eugene (Gene) Spiering was a well-respected geologist, globally renown for his work in uranium exploration with over 35 years of international experience in mineral exploration and senior level project management in the western United States , South America , and Europe . Gene's work on the Kaycee Uranium District in the early 1980s provided the foundational geological framework for Nuclear Fuels' flagship project. He served as a project geologist for Energy Fuels Nuclear in the 1990s, and during his tenure as Vice President of Exploration for Quaterra Resources, discovered the only two new uranium deposits in Arizona . More recently, as a member of the Company's Board of Directors, his firsthand knowledge of the Kaycee area was invaluable and key to the exploration success on the Project thus far.

Greg Huffman , Chief Executive Officer, commented: "It is with great sadness we announce the loss of Gene as a director of the Company. He will be remembered as an icon in the uranium geological community, as well as for his friendly and outgoing nature. Our thoughts are with his family and loved ones."

About Nuclear Fuels Inc.

Nuclear Fuels Inc. is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery ("ISR") amenable uranium projects towards production in the United States of America . Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee district under single-company control for the first time since the early 1980s. Currently planning its 2025 drill program following successful 2023 and 2024 drilling, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts defined by 3,800 drill holes. The Company's strategic relationship with enCore Energy Corp., America's Clean Energy Company™, offers a mutually beneficial "pathway to production," with enCore owning an equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming's prolific Powder River Basin.

Forward-Looking Information

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to planned exploration programs and the results of additional exploration work in seeking to establish mineral resources as defined in NI43-101 on any of our properties. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the completing planned exploration programs and the results of those programs; the ability to access additional capital to fund planned and future operations; regulatory risks including exploration permitting; risks associated with title to our mineral projects; the ability of the company to implement its business strategies; and other risks including risks contained in documents available for review at www.sedar.com under the Company's profile. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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SOURCE Nuclear Fuels Inc.

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Nuclear Fuels Acquires TenSleep Uranium Project with Athabasca Basin-Style Mineralization in Wyoming's Powder River Basin

Nuclear Fuels Acquires TenSleep Uranium Project with Athabasca Basin-Style Mineralization in Wyoming's Powder River Basin

CSE:NF
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announced today the acquisition of the TenSleep Uranium Project, located approximately 10 miles (16 kilometers) west of the town of Kaycee in Johnson County Wyoming.  The TenSleep Project is a unique uranium project in Wyoming displaying geological characteristics similar to the deposits in Saskatchewan's prolific Athabasca Basin rather than the typical roll front sandstone-hosted uranium deposits of the United States. Athabasca or "unconformity" uranium deposits occur along the contact of two different rock types in the vicinity of one or more high-angle faults providing the pathway for the mineralizing fluids to deposit uranium along the contact. These deposits are typically larger and higher grade than roll-front types. The Company is currently developing an exploration program with drilling planned for late 2025 or early 2026.

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Nuclear Fuels Announces the Discovery of New Mineralized Zones at the Kaycee Uranium Project

Nuclear Fuels Announces the Discovery of New Mineralized Zones at the Kaycee Uranium Project

CSE:NF
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announced today the discovery of two new zones of roll front-hosted uranium mineralization at the Kaycee In-Situ Recovery ("ISR") Uranium Project (the "Project") in Wyoming's Powder River Basin ("PRB"). Drill testing of regional targets on the Project encountered mineralization at the newly discovered Outpost and Trail Dust Zones, including 0.082% eU 3 O 8 (uranium) over 6.5 feet for a total hole Grade Thickness ("GT") of 0.532. In the PRB, potentially ISR-recoverable uranium mineralization with a GT of greater than 0.20 is considered suitable for inclusion in a potential wellfield. Follow up delineation drilling of these two new zones is planned for May 2025 . In addition, Nuclear Fuels announces the Company has been added to the Sprott Junior Uranium Miners ETF.

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enCore Energy Increases Investment in Nuclear Fuels Inc.

enCore Energy Increases Investment in Nuclear Fuels Inc.

/NOT FOR DISTRIBUTION IN THE UNITED STATES /

NASDAQ:EU
  TSXV:EU
www.encoreuranium.com

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Nuclear Fuels Inc. to Attend the 50th Annual New Orleans Investment Conference

Nuclear Fuels Inc. to Attend the 50th Annual New Orleans Investment Conference

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") is pleased to announce its participation at the upcoming New Orleans Investment Conference. Nuclear Fuels will give a corporate presentation at 6:00 pm CT on Friday, November 22nd at the Hilton New Orleans Riverside, in room Churchill B2, second floor.

About Nuclear Fuels Inc.

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Terra Clean Energy Corp. Completes Winter Drill Program With Encouraging Results; Plans Significant Summer Drill Program

Terra Clean Energy Corp. Completes Winter Drill Program With Encouraging Results; Plans Significant Summer Drill Program

TERRA CLEAN ENERGY CORP. (“ Terra ” or the “ Company ”) (CSE: TCEC, OTCQB: TCEFF , FSE: 9O0 , is pleased to announce the completion of the recent winter drill program at the South Falcon East Uranium Project (the “ Property ”) which hosts the Fraser Lakes B Uranium Deposit.

  • Six holes intercepted uranium mineralization
  • Continuity across the deposit confirmed
  • Drilling expands mineralized footprint

The Property lies 18 km outside the southeastern edge of the Athabasca Basin, Saskatchewan, approximately 50 km east of the Key Lake Uranium Mill and former mine (Figure 1). The Company entered into an option agreement with Skyharbour Resources Ltd. (“ Skyharbour ”) in October of 2022 whereby the company can earn up to a 75% interest in the Property (see press release dated December 30, 2024 for details of earn-in).

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Skyharbour Resources (TSXV:SYH)

Skyharbour Resources


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Skyharbour Resources Director, President and CEO Jordan Trimble.

Skyharbour Resources Eyes "Next Big Uranium Discovery Story’" in Athabasca Basin

Skyharbour Resources (TSXV:SYH,OTCQX:SYHBF,FWB:SC1P) has commenced a 2025 drill program at the Russell and Moore Lakes uranium projects in Saskatchewan.

The company’s president and CEO, Jordan Trimble, considers the 18,000 meter drill campaign the next big step to making major uranium discoveries in the Athabasca Basin.

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