Premier American Uranium Commences 100,000 ft Exploration Drilling Program at the Kaycee ISR Uranium Project, Wyoming

TORONTO, May 14, 2026 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR” or “Premier American Uranium” or the “Company”) (TSXV: PUR, OTCQB: PAUIF) is pleased to announce the commencement of its 2026 exploration drilling program at the Company’s wholly-owned Kaycee Project (“Kaycee” or the “Project”), located in the Powder River Basin of northeastern Wyoming.

The 2026 exploration program is designed to build on positive drilling results from 2025 (see press release dated January 20, 2026), with the primary objectives of infilling between areas of known uranium mineralization and further delineating subsurface host channels across key target areas at the Project.

Highlights

• Total of ~100,000 ft of proposed drilling commenced on May 5, 2026, focused on the following high priority target areas (see Figure 1):
  • ~33,000 ft of step-out drilling planned at the Outpost target
  • ~51,000 ft of drilling planned at the Rustler target
  • ~16,000 ft of step-out drilling planned in the vicinity of historic coal bed methane (“CBM”) wells
• Professional survey work is underway for approximately 500 exploration drillhole collars and 100 historic CBM well collar locations in support of anticipated future mineral resource estimation
• Recent claim staking has increased PUR’s Kaycee land position to approximately 29,841 combined acres of federal, state, and private surface lands

In conjunction with the drilling program, the Company has engaged professional surveying contractor, William H. Smith, to complete a Project-wide drillhole collar and elevation survey. The survey work is intended to support future mineral resource estimation initiatives and ongoing technical evaluation of the Project.

Colin Healey, CEO and Director of PUR commented, “The commencement of our 2026 drilling program marks another important step in advancing the Kaycee Project. Building on the success of our 2025 exploration efforts, this year’s program is designed to expand and better define known areas of mineralization while continuing to evaluate the broader potential of the Project. With approximately 100,000 ft of planned drilling and an expanded land position, we believe Kaycee continues to demonstrate significant exploration upside potential within one of the most prospective uranium basins in the United States.”

Schreibe Deinen Kommentar