on North Shore Uranium Ltd. (isin : CA66240L1040)
North Shore Uranium Ltd. Extends Falcon Property Option Agreement
North Shore Uranium Ltd. has extended the South Falcon Option Agreement with Skyharbour Resources Ltd. from three to four years. This extension provides additional time to explore 11 mineral claims within the Falcon property in Saskatchewan's Athabasca Basin. North Shore aims to earn a 100% interest in these claims by fulfilling financial and exploration commitments over this period.
The extension involves issuing 500,000 common shares to Skyharbour, pending TSX Venture Exchange approval. North Shore emphasizes the strategic importance of the extended timeframe to optimize exploration programs at Falcon, highlighting the region's significant uranium potential.
The company prioritizes assessing 36 uranium targets across three zones within the Falcon property. Recent discoveries at drill sites P03 and P08 indicate promising uranium mineralization. North Shore is preparing for future exploration, focusing on anomalies such as target FA003, reinforced by geophysical survey data.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all North Shore Uranium Ltd. news