Murphy Lake · Drilling Starts in Weeks
The world's highest-grade uranium district.1
We're exploring it.
33,471 ha
Land Package
60+
Reactors Under Construction
Funded
2026 Exploration Programs
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One basin. Northern Saskatchewan. The single most concentrated source of high-grade uranium on the planet.
Athabasca deposits run at grades 10 to 100 times greater than the world average for uranium ore.1
Spring 2026 drill program planned and funded. The property sits next to two active conductor trends - the Hurricane trend and the Cyclone trend - both hosting recent discoveries by neighbouring operators.
ML22-006: 0.242% U3O8 over 0.5m within 0.065% over 2.5m at 322.5m depth. Source: F4 Uranium Corp. 2022 drill program; Murphy Lake NI 43-101 technical report by Terra Modelling Services (Louis F. Fourie, P.Geo.) on SEDAR+. Technical content reviewed by Ken Wheatley, P.Geo., Chief Geologist, a qualified person under NI 43-101.
IsoEnergy's Hurricane deposit - 48.61 million pounds at 34.5% U3O8 (IsoEnergy initial MRE, July 2022) - sits approximately 5 km north of Murphy Lake. To the east, Cosa Resources and Denison Mines reported anomalous radioactivity along the Cyclone trend (peak 13,900 counts per second across 3 drill holes at approximately 260m depth, approximately 3 km from our claims). Counts per second are radiometric readings, not assayed grade.
Mineralization on adjacent properties is not indicative of mineralization on UraniumX's properties. Sources: IsoEnergy MRE, July 2022; Cosa Resources, April 2026.
Our largest land position. 100% owned. Shallow unconformity at 0-200m means lower drilling costs. Located near several major operators. 60 km from the McClean Lake processing mill.
East of the Basin. Prospective for basement-hosted uranium mineralization. ~65 km from Cameco's McArthur River mine (Cameco 2024 Mineral Reserves & Resources; adjacent property reference for geological context only).
Our team includes members of exploration teams credited with eight uranium deposit discoveries, four of which advanced to production. 47+ years of Athabasca Basin exploration. The former CEO of Orano Canada. A geologist involved in NexGen's Arrow discovery. Past discovery success does not guarantee future discoveries on UraniumX's properties.
1 Athabasca Basin share of world uranium supply and grade comparison per Natural Resources Canada, Uranium in Canada; Saskatchewan 2024 production record per Government of Saskatchewan, April 2025.
4,500+ mineral claims. 20,000 drillholes. Every deposit, mine, and operator in the world's richest uranium district. See where UraniumX sits in context.
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Data centers consumed 176 TWh in 2023, projected to reach 325-580 TWh by 2028 (IEA Electricity 2024 report). Meta, Microsoft, and Amazon are all securing nuclear power purchase agreements.
60+ reactors under construction globally. ~18M lbs annual supply deficit - demand ~180M lbs vs mine supply ~162M lbs. The market needs new mines. (Source: World Nuclear Association, Plans for New Reactors Worldwide; WNA Supply of Uranium)
Active programs, funded exploration, and a growing team. Here's what's happening now.
MLEM ground geophysical survey complete. Preliminary interpretation extends prospective conductor systems by 1.45 km between two key historic drill holes.
$5.31M cash, $5.98M working capital, $2.12M flow-through commitments. Fully funded for spring 2026 Murphy Lake drill program.
Letter of intent dated Apr 27, 2026 with Pond Technologies Holdings Inc. for an option on the 19,850-hectare Zoo Bay Uranium Project. Subject to definitive agreement and TSXV approval.
Combined: 100+ years of uranium exploration. Eight deposits discovered. Four became producing mines. Two former executives of the companies that built this district.
Former CEO of Orano Canada Inc. for 12 years. 37 years of uranium exploration, development, and operations with the Orano/Areva group.
47+ years Athabasca Basin exploration. Part of teams credited with 8 deposit discoveries, 4 advanced to production.
Key geologist behind NexGen's Arrow deposit discovery. Previously on Hathor's Roughrider team, sold to Rio Tinto for $654M.
Co-founder of Chimege AI. Founding team at Abitibi Metals and Formation Metals. Data-driven, capital-efficient approach.
40 years building and scaling businesses across railroads, dealership consolidation, and oil & gas.
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