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Global Uranium Secures Option Agreement for Astro Project in Athabasca Basin

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Global Uranium Corp. ( (TSE:GURN) ) has shared an update.

Global Uranium Corp. has entered into an option agreement with Cosa Resources Corp. to earn up to an 80% interest in the Astro Uranium Project located in the Athabasca Basin, Saskatchewan. This agreement allows Global Uranium to expand its exploration portfolio significantly by potentially accessing underexplored magnetic lows with extensions of the McArthur River/Fox Lake structural corridor. The strategic partnership combines Global Uranium’s approach with Cosa’s exploration expertise, aiming to elevate the project’s significance within the prolific uranium district of the Athabasca Basin.

More about Global Uranium Corp.

Global Uranium Corp. is focused on exploring and developing uranium assets primarily in North America. The company holds rights to several uranium projects, including the Wing Lake Property in Northern Saskatchewan, the Northwest Athabasca Joint Venture, and various projects in Wyoming, USA.

YTD Price Performance: -79.79%

Average Trading Volume: 389,265

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$7M

See more insights into GURN stock on TipRanks’ Stock Analysis page.

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