The technical foundation for the project, prepared by Stantec Consulting Ltd., highlights a potential for low-grade, open-pit extraction. Resource estimates for the Red Rock deposit include an indicated resource of 276,702 tonnes grading 0.087% U₃O₈, supplemented by an inferred resource of 20,946 tonnes at 0.060% grade. These findings align with broader efforts by Canada and the United States to secure critical mineral supply chains amidst a global nuclear energy revival.
In section Releases
Triton Uranium Targets 46 Million Pounds at Saskatchewan Atlas Project
Triton Uranium Corp. has released four technical reports detailing an exploration target of up to 46.56 million pounds of uranium within its 46,000-acre Atlas Project. Located in the historic Beaverlodge District of Saskatchewan, the site is being positioned as a strategic domestic supply source for North American nuclear energy.
Triton President Scott Evans stated that the company is focused on building a reliable North American fuel supply to meet growing demand. The Atlas property benefits from its proximity to legacy mining centers like the Ace-Fay-Verna complex, which historically produced over 50 million pounds of uranium. To further define the asset's potential, Triton is currently executing a 10,000-metre drill program, with additional work scheduled for the upcoming winter season to evaluate targets identified by recent airborne radiometric surveys.
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