Market Alert: US Sets Tariff Floor at 15% – Potentially Rising to 50% from 01 August 2025

Global Uranium Launches 38,000-meter Drill Program at Pine Ridge Project, Wyoming

May 15, 2025

Global Uranium and Enrichment Limited (ASX: GUE), via its 50/50 joint venture Powder River Basin LLC with Snow Lake Energy (NASDAQ: LITM), announced a robust exploration program at the Pine Ridge Uranium Project in Wyoming. The initiative marks a pivotal step in unlocking the project's tier-one potential. Pine Ridge benefits from over 1,200 historical drill holes and a favourable ISR development framework located in the prolific Powder River Basin- the United States' top uranium-producing region. The JV team has integrated historical data and features into a comprehensive geological model, highlighting 335 km of redox boundaries.

A 38,000-metre (~125,000 ft) maiden drilling campaign is set to begin in July 2025, targeting multiple high-priority zones across the project. This exploration push aims to define a sizeable Exploration Target and fast-track the project's advancement.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com