PurePoint Uranium is reducing exploration expenses in Saskatchewan's Athabasca Basin by collaborating with industry giants like Cameco, Orano Mining, and IsoEnergy. Meanwhile, Viridian Metals has secured the largest claim holdings in Newfoundland and Labrador, recently selected for BHP's 2025 Xplor accelerator program.
PurePoint Uranium is cutting exploration costs in northern Saskatchewan’s uranium-rich Athabasca Basin through joint ventures with major players, CEO Chris Frostad says.
These include Cameco , France’s Orano Mining and IsoEnergy . The company holds 2,500 sq. km across 12 projects. Many are near major deposits. These include NexGen Energy’s 250-million-lb. Rook I discovery at Arrow and Paladin Energy’s Triple R deposit. This follows the December C$1.1 billion all-share takeover of Fission Uranium.
This month, Viridian was chosen by BHP from hundreds of global applicants to participate in its 2025 Xplor accelerator program.World’s biggest gold miner aims to build multi decade presence in Canadian province anchored by “sustainable and responsible mining practices”.As most Canadian industry leaders have pointed out, the US depends on Canada for a host of minerals and supplies.
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