Athabasca Basin

Atomic Minerals has secured $400,000 in flow-through financing to advance its Saskatchewan uranium exploration. The funds will be used for Canadian exploration expenditures at their project in the Athabasca Basin. The financing involved issuing flow-through shares, with a portion offering immediate liquidity. This capital infusion supports their strategy in a globally significant uranium-producing region, pending TSXV approval.

CanAlaska Uranium announced positive results from its 2025 geophysical survey at the West McArthur project, extending the C10/C10S corridor to 16km. The survey delineated multiple conductor plates, improving drill targeting. A $15M exploration budget for 2026, a 20% increase, will fund an early January drilling program using three rigs. While significant potential exists, 10km of the corridor remain untested. Option agreements with Bayridge and Paradigm were terminated, focusing CanAlaska on its uranium assets.