Global Uranium Delivers Strong Drill Results at Pine Ridge

Global Uranium and Enrichment Limited (ASX: GUE) announced that at the time of writing it has reported further encouraging results from its maiden drilling program at the Pine Ridge Uranium Project in Wyoming’s Powder River Basin. The latest 15 holes, part of a planned 125-hole program, returned significant intercepts including 1.8m at 550ppm U₃O₈ and 1.7m at 520ppm U₃O₈.

The program, which has completed 18,239m of drilling since July 2025, continues to define roll-front mineralisation across multiple sandstone units. These horizons, lying between 700 and 1,300 feet, appear geologically and hydrologically isolated, making them well-suited for in-situ recovery (ISR) development. Permitting has also been expanded, increasing the project’s footprint. With drilling scheduled through November 2025, Global Uranium aims to progress toward an initial resource estimate while capitalising on a strengthening uranium market, where prices recently climbed above US$80/lb.

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