UraniumX Sharpens Murphy Lake Targets With New Athabasca EM Survey

Stearman Resources, Inc. ( (TSE:STMN) ) has provided an update.

UraniumX Discovery Corp. and partner F4 Uranium Corp. have launched a four-line, 9.2 line-kilometre Moving Loop Electromagnetic ground survey at the Murphy Lake property in Saskatchewan’s Athabasca Basin, near major deposits held by IsoEnergy and Cameco. The work aims to sharpen understanding of graphitic conductor systems previously identified by drilling and geophysical programs, which have already returned elevated uranium geochemistry and alteration signatures consistent with unconformity-hosted mineralization.

The fully funded survey is intended to refine drill collar locations ahead of a planned spring 2026 drill campaign, with processed data to be integrated into a 3D geological model and an update on target selection expected by the end of the first quarter of 2026. By tightening coverage between two known conductor corridors, UraniumX is moving from broad reconnaissance toward higher-confidence, structurally focused targets, a step that could materially influence the project’s exploration success and strengthen the company’s position in a competitive uranium district.

More about Stearman Resources, Inc.

UraniumX Discovery Corp. is a uranium exploration company focused on advancing early-stage projects in Canada’s Athabasca Basin, one of the world’s premier uranium districts. The company targets unconformity-hosted uranium deposits, leveraging modern geophysical methods and historic drilling to refine drill targets near established high-grade zones.

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