The program is planned to comprise approximately 8,000 m of diamond drilling across up to 20 drill holes, focused on following up high-grade winter 2026 results (see press release dated May 12, 2026) along the highly

The program is planned to comprise approximately 8,000 m of diamond drilling across up to 20 drill holes, focused on following up high-grade winter 2026 results (see press release dated May 12, 2026) along the highly prospective Hurricane South Trend (Figure 1).

Hurricane hosts a current Mineral Resource of 48.6 Mlb U3O8 at 34.5% U3O8 Indicated, and 2.7 Mlb U3O8 at 2.2% U3O8 Inferred (see "Qualified Person Statement" below). The Project benefits from excellent infrastructure, located approximately 40 km northwest of the McClean Lake mill, and features relatively shallow mineralization at approximately 325 m depth, supporting efficient exploration and future development optionality. The Deposit is located on the Larocque Trend, an important regional structure that also hosts other notable high-grade occurrences including those on Cameco and Orano's Dawn Lake joint venture.

Highlights

Summer Drilling has Commenced: Approximately 8,000 m of diamond drilling is planned across up to 20 holes targeting the Hurricane South Trend is underway (Figure 1). 
Building on High-Grade Winter Results: Winter 2026 drilling returned 4.21% U₃O₈ over 3.5 m, including 11.61% U₃O₈ over 1.0 m, in hole LE26-248 within the newly reinterpreted L Fault Zone, with additional intercepts of 2.75% U₃O₈ over 0.5 m in LE26-234 and 1.75% U₃O₈ over 0.5 m in LE26-243, approximately 525 m east of the resource envelope, along the South Trend (see May 12, 2026 press release for complete results and Figure 1).
Expansion Potential: Summer drilling is designed to test the South Trend along strike east of LE26-248 and LE21-107, both of which intersected high grade mineralization along the J-L fault corridor (Figures 1 and 2).
Advancing Target Pipeline on Eastern Athabasca Projects: Airborne MobileMT surveys, and ground field work to investigate anomalies identified during 2024 RAMP helicopter-borne radiometric surveys, are planned to develop drill targets on four prospective early-stage projects, as well as the western portion of Larocque East (Figure 3).