Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Greenridge Exploration Receives Airborne MobileMT Survey Results for the Sabre Uranium Project in Athabasca Basin, Saskatchewan

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Executive Summary

  • Greenridge announced the completion of a 1,536 km high‑resolution helicopter‑borne MobileMT survey over its Sabre Uranium Project, identifying deep basement conductors (300–400 m) indicative of graphite‑rich lithologies that may host unconformity‑type uranium mineralization.
  • The survey also detected shallower secondary conductivity anomalies within the Athabasca sandstone, interpreted as possible clay alteration halos associated with hydrothermal fluid flow and prospective uranium pathways.
  • Results confirm multiple structural corridors (NE–SW trending and cross‑cutting) that align with surface uraniferous boulders, providing high‑priority targets for upcoming drill testing slated for the coming months.

Key Details

  • Survey Scope: 1,536 line‑kilometres flown at 200 m line spacing covering a 232 km² area of the Sabre Project.
  • Conductors Identified: Robust basement conductors at ~300–400 m depth showing graphite‑rich signatures; interpreted as potential structural/chemical traps for uranium.
  • Shallow Anomalies: Secondary conductivity zones within the overlying Athabasca sandstone, possibly representing clay alteration halos linked to hydrothermal activity.
  • Structural Trends: NE‑SW trending corridors and cross‑cutting features mapped; some coincide with surface uraniferous sandstone boulders, suggesting fluid pathways or mineralization controls.
  • Future Work: Recommended winter 2025‑2026 moving‑loop time‑domain EM ground surveys to refine airborne anomalies before drill testing.
  • Permitting Status: Project fully permitted for prospecting, geophysical surveys, and drilling through 30 Nov 2027.
  • Qualified Person Review: Technical information reviewed and approved by Sean Hillacre, P.Geo., Qualified Person (NI 43‑101).
  • CEO Comment: Russell Starr emphasized that the results bring Greenridge “one step closer to drill testing Sabre in the months to come,” underscoring uranium’s strategic importance.

Notable Quotes

“Greenridge is very pleased to receive these geophysical results for Sabre, which confirms the Company’s belief that the Project is highly‑prospective for unconformity‑type uranium deposits at a time when uranium has become a critical commodity.” – Russell Starr, CEO


All forward‑looking statements are subject to risks and uncertainties as detailed in the release.

Read the original news release →

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