Northwire Canada EditionTuesday, July 14, 2026
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TLO 5.89 +10.9% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +11.9% MINK 0.100 −4.8% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% TLO 5.89 +10.9% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +11.9% MINK 0.100 −4.8% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9%
Drill Results Neutral

Bedford Announces Completion of Spring 2026 Drill Program at Sheppard Lake Uranium Project

Bedford Metals completes spring drilling at Sheppard Lake as uranium exploration continues amid price decline.

By The Northwire Desk — AI Analysis Jun 01, 2026 · 19:10 BFM · 0.14 Bedford Metals Corp.
Executive Summary
  • Bedford Metals Corp. completed its Spring 2026 diamond drilling program at the Sheppard Lake Uranium Project, comprising four NQ holes totaling 1,135.7 metres.
  • The program targeted the TZ1 and TZ2 areas, identifying favorable lithologies, alteration systems, and structurally controlled corridors.
  • Radiometric data showed encouraging readings, including a peak uranium value of 121.1 ppm in hole SHP-26-05 and a U/Th ratio of 2.52.
  • 218 core samples have been submitted to Saskatchewan Research Council (SRC) for analytical results, which are pending.
  • This follows the May 2026 Phase 3 field program that identified high CPS readings and elevated Boron levels, and the April 2026 $1 million private placement at $0.20 per share.
  • The company plans to incorporate the geological and radiometric findings into the next phase of exploration.
Material Impact
  • The news represents a routine completion of a planned exploration drill program.
  • No assay results are provided, only preliminary radiometric and geological observations.
  • The findings are in line with previous expectations set by the May 2026 field program and the company's stated exploration plan.
  • There is no material positive or negative impact on the stock price. The stock has been in a steady downtrend, and this update does not alter the fundamental exploration timeline or financial position.
  • The market has already priced in the exploration activity and the recent capital raise.
BFM · Price
Company Overview
  • Bedford Metals Corp. is a junior exploration company focused on uranium projects in the Athabasca Basin, northern Saskatchewan.
  • Flagship Project: Sheppard Lake Uranium Project, encompassing 13,092 hectares.
  • The project was consolidated from the Ubiquity Lake, Sheppard Lake, and Cable Lake properties following a 100% acquisition in August 2025.
  • The company is in the exploration stage, conducting radiometric surveys, geophysical mapping (MobileMT, VTEM), and diamond drilling to identify and test uranium mineralization.
  • Dr. Peter Born serves as President and Qualified Person under NI 43-101.
Read the original news release →

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