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Refined Energy ( (TSE:RUU) ) has provided an announcement.
Refined Energy Corp. has mobilized a ground geophysical team at its Dufferin West project in Saskatchewan’s Athabasca Basin, launching a time-domain EM and gravity survey to refine targets ahead of a late-February drill program. The company holds an option to earn up to a 75% interest in the Dufferin Project from Eagle Plains Resources through staged payments, shares, and exploration spending.
The upcoming program, budgeted at about $1.7 million, will include at least three drill holes totaling roughly 1,200 metres to test two key conductors near regional uranium-bearing structures, about 18 km from Cameco’s Centennial Deposit. Refined Energy has terminated its option on the Basin Property to focus capital and technical efforts on Dufferin, underscoring the project’s strategic importance and potential to enhance its standing in high-grade uranium exploration.
More about Refined Energy
Refined Energy Corp. is a Canadian exploration company focused on uranium and critical energy metal projects in tier-one jurisdictions, with a flagship position in Saskatchewan’s Athabasca Basin. Through its Dufferin Project, the company aims to advance assets that support the global clean energy transition.
The firm’s strategy centers on securing and earning interests in highly prospective uranium properties, leveraging geophysical analysis and drilling to identify high-grade deposits. By concentrating capital and technical resources on the Athabasca region, Refined Energy seeks to strengthen its positioning in the nuclear fuel supply chain.
YTD Price Performance: 24.07%
Average Trading Volume: 261,312
Technical Sentiment Signal: Buy
Current Market Cap: C$32.68M
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