Skyharbour Resources has signed a non-binding letter of intent with Purecore Metals to option up to 100% interest in the Yurchison uranium property in Northern Saskatchewan. The 35,029-hectare property, located 75 km south of Cameco's Rabbit Lake operation, shows strong discovery potential for basement-hosted uranium and other mineralization based on historical exploration data and recent airborne surveys.

Foremost Clean Energy has completed Phase 2 of its Option Agreement with Denison Mines, earning a 51% interest in 10 Athabasca uranium projects (35.78% in Hatchet Lake) by issuing 848,610 shares valued at $2 million and completing over $8 million in exploration expenditures. The milestone was achieved approximately 15 months ahead of the October 2027 deadline, with the company having made a new uranium discovery at Hatchet Lake and advanced multiple projects through drilling and geophysics.

Skyharbour Resources and joint venture partner Orano Canada announced a comprehensive 2026 exploration program at the Preston Lake Uranium Project in Saskatchewan. The program includes a helicopter-borne Airborne Gravity Gradiometry survey and up to 3,500 metres of diamond drilling across approximately ten drill holes, targeting high-priority areas in the FSAN and Canoe Lake regions. Orano Canada holds 79.2% interest as operator while Skyharbour holds 20.8%.

Grounded Lithium Corp reported May 2026 oil production of 114 bpd, consistent with April levels. The company expects production to exceed 150 bpd following facility improvements and plans additional development wells. The company and partner Denison Mines are advancing the pre-feasibility study for the Kindersley Lithium Project, which is now in the review stage.

Skyharbour Resources Ltd. has successfully closed a non-brokered private placement raising CAD $5,250,389.10 through the issuance of 9,052,395 flow-through shares at CAD $0.58 per share. The funds will support the company's 2026 exploration campaign at its Russell and Moore Lake uranium projects in the Athabasca Basin. The shares qualify for a federal 30% Critical Mineral Exploration Tax Credit.

Skyharbour Resources has appointed Rob Chang, a veteran financial services and uranium sector expert with 30 years of experience, to its Board of Directors as an Independent Director. The company also promoted Amanda Chow, a CPA with 25+ years of public company experience, to Chief Financial Officer. These appointments come as Skyharbour launches its largest annual drilling campaign of over 30,000 metres at its Athabasca project portfolio.

Denison Mines has commenced a 2,500-metre winter diamond drilling program at the Wheeler North Joint Venture in Saskatchewan's Athabasca Basin, with plans for a total 7,500-metre drill campaign in 2026. The project is operated and fully funded by Denison under a strategic joint venture agreement with Skyharbour, targeting high-priority uranium exploration areas including Fox Lake Trail, Fork, and Sphinx zones.

Cameco, a Canadian uranium mining company, is highlighted as an attractive nuclear stock despite high valuations in the sector. The company benefits from low production costs (under $46/lb) versus current uranium spot prices (over $85/lb), a 49% stake in Westinghouse Electric, and expanding profit margins (23% year-to-date). With projected 75% annual earnings growth and a price-to-FCF-to-growth ratio under 1, Cameco appears positioned for strong future performance despite its 134 trailing P/E ratio.

Skyharbour Resources has announced a major 2026 exploration campaign at the Russell Lake uranium joint ventures in partnership with Denison Mines, planning over 15,000 metres of diamond drilling across Wheeler North, RL, and Getty East properties in Saskatchewan's Athabasca Basin. The campaign follows a strategic transaction completed in December 2025 that reorganized the Russell Lake project into four separate joint ventures, with Denison earning up to 70% interests at three properties while Skyharbour retains 80% at the RL property.

Grounded Lithium Corp. has entered into a definitive agreement to acquire a 30% minority interest in oil and gas mineral rights in Saskatchewan for approximately $25,000. The company will farm out its combined 60% interest (with a third party) to a newly created limited partnership that raised $900,000. The acquisition is intended to supplement cash flow and working capital for the company's primary lithium project while leveraging internal oil and gas expertise. Operations are anticipated to commence early in 2026.

Skyharbour Resources announced positive 2025 drilling results at its Moore Uranium Project in Saskatchewan, with hole ML25-15 returning 11.77% U3O8 over 1.6 metres within a broader 4.84% U3O8 over 4.4 metres intersection. The company also identified a new prospective regional target called the Nomad Zone approximately 1.7 kilometres southwest of the Main Maverick Zone, showing strong hydrothermal alteration and structural indicators. Skyharbour plans to commence a winter drill program in February 2026 with 5,000-6,000 metres of drilling across 15-25 holes.

Skyharbour Resources has expanded its uranium exploration portfolio in Saskatchewan's Athabasca Basin by acquiring 40 new prospective uranium exploration claims through low-cost staking, adding 64,913 hectares to its holdings and bringing the total portfolio to 662,887 hectares across 43 projects. The company will advance its flagship Russell Lake project with joint venture partner Denison Mines and its 100% owned Moore Project, while using new claims as part of its prospect generator business to attract strategic partners.