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Global Uranium Corp. Plans Ambient Noise Tomography Survey at Astro Project

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Global Uranium (CSE: GURN | OTC: GURFF) will complete an Ambient Noise Tomography (ANT) survey at the Astro Project in the eastern Athabasca Basin to refine high-priority structural targets and advance drill planning.

The ANT, run by CAUR Technologies as selected by project operator Cosa, follows a 2025 ZTEM survey that identified a 25-kilometre conductive corridor, seven target zones and three high-priority areas. The survey is expected to start in early June, finish in July, with final results due in August to support drill targeting and follow-up ground programs.

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Positive

  • 25-kilometre conductive corridor identified by 2025 ZTEM survey
  • Seven target zones outlined, including three high-priority areas
  • Planned ANT survey to refine targets ahead of first drill campaign
  • Option to acquire 80% interest in Astro (subject to earn-in)

Negative

  • Astro ownership is option-based and subject to earn-in requirements
  • Survey timing is dependent on scheduling and field conditions, creating timing uncertainty

News Market Reaction – GURFF

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In the Mar 26 session, GURFF declined 4.49%, reflecting a moderate negative market reaction.

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The follow-up program is designed to refine high-priority structural targets

CALGARY, Alberta, March 26, 2026 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce its intention to complete an Ambient Noise Tomography (“ANT”) survey with CAUR Technologies at the Astro Project (“Astro”), located in the eastern Athabasca Basin, Saskatchewan. The Company holds an option to acquire an 80% interest in Astro from Cosa Resources Corp. (“Cosa”), the project’s underlying owner and operator, subject to the satisfaction of certain earn-in requirements.

The planned ANT program builds on the Company’s 2025 helicopter-borne ZTEM survey, which identified a large 25-kilometre conductive corridor and outlined seven target zones, including three high-priority areas. These results significantly improved the Company’s understanding of the project and highlighted areas with strong potential for uranium mineralization.

The upcoming ANT survey will focus on the most prospective areas identified to date, including the AS-1 target. The program is designed to further refine these targets by identifying key geological features at depth and improving the Company’s ability to prioritize drill locations.

Importantly, this survey represents a key step in advancing Astro toward planning for future drilling. The data collected is expected to help define high-confidence drill targets and support the design of follow-up ground geophysical programs, with the aim of positioning the Company for its first drill campaign on the project.

CAUR Technologies was selected by Cosa Resources Corp. in its capacity as operator of the Astro Project. Subject to scheduling and field conditions, the survey is expected to begin in early June, with completion anticipated in July and final results expected in August. These results are expected to directly inform next steps, including additional ground work and drill targeting.

Ungad Chadda, CEO of Global, stated, “Last year’s results outlined a large and compelling target area at Astro, and this ANT survey is an important next step in refining those targets. With a 25-kilometre corridor and multiple high-priority zones already identified, we are continuing to build toward defining our initial drill targets. We believe Astro has the scale and geological setting we look for in the Athabasca Basin, and this program moves us closer to assessing that potential.”

QUALIFIED PERSON

Jared Suchan, Ph.D., P.Geo., Global Uranium’s Vice President of Exploration, and a “Qualified Person” as defined in National Instrument 43-101, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the Company’s QA/QC and data verification procedures and processes, please see its technical report entitled, “NI 43-101 on the Northwest Athabasca Project Northern Saskatchewan Centered at: Latitude 59°24’00” N, Longitude 109°54’00” W”, a copy of which may be obtained under the Company’s profile at www.sedarplus.ca.

About Global Uranium Corp.

Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America. The Company currently holds key uranium projects: the Wing Lake Property in the Mudjatik Domain of Northern Saskatchewan, Canada; the Northwest Athabasca Joint Venture with Forum Energy Metals Corp. and NexGen Energy Ltd. in the Northwest Athabasca region of Saskatchewan, Canada; and the Great Divide Basin District Projects, the Gas Hills District Projects, and the Copper Mountain District Projects in Wyoming, USA.

On Behalf of The Management Team

Ungad Chadda
CEO
587-330-0045
info@globaluranium.com

Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, exploration efforts on the Project.

Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include the risk that exploration of the Project may not continue, whether as a result of a lack of financial resources, a failure to receive the requisite permits or approvals; the risk that exploration of the Project will not progress as currently contemplated and, that, even if exploration does proceed as anticipated, such exploration activities may not achieve their anticipated outcomes; risks inherent in the exploration and development of mineral projects, including risks relating to receiving requisite permits and approvals, changes in project parameters or delays as plans continue to be redefined, that mineral exploration is inherently uncertain and that the results of mineral exploration may not be indicative of the actual geology or mineralization of a project; the risk that mineral exploration may be unsuccessful or fail to achieve the results anticipated by the Company; risks related to joint ventures and the other risks and factors identified by the Company in its continuous disclosure filings, filed on the Company’s SEDAR+ profile at www.sedarplus.ca.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this ‎press release.


FAQ

What is Global Uranium (GURFF) doing at the Astro Project in June–August 2026?

Global Uranium plans an Ambient Noise Tomography (ANT) survey to refine structural targets and prioritize drill locations. According to Global Uranium, CAUR Technologies will conduct the survey, expected to start in early June, complete in July, with final results due in August to guide drilling plans.

How did the 2025 ZTEM survey influence GURFF’s Astro plans?

The 2025 ZTEM survey identified a 25-kilometre conductive corridor and seven target zones, prompting follow-up work. According to Global Uranium, three of those zones were flagged as high-priority and the ANT aims to better define those targets for drill planning.

What ownership interest can Global Uranium obtain in the Astro Project (GURFF)?

Global Uranium holds an option to acquire an 80% interest in Astro, subject to earn-in requirements. According to Global Uranium, acquisition depends on satisfying specified earn-in conditions agreed with project owner and operator Cosa.

Will the ANT survey at Astro directly lead to drilling by GURFF?

The ANT survey is intended to define high-confidence drill targets and support drill planning but is not drilling itself. According to Global Uranium, results expected in August will inform follow-up ground work and potential first drill campaign.

Who is conducting the ANT survey at the Astro Project for GURFF?

CAUR Technologies will perform the ANT survey as selected by the Astro project operator, Cosa. According to Global Uranium, CAUR was chosen to deliver data to refine targets and improve subsurface imaging ahead of drilling.

What are the key timing milestones for GURFF’s planned Astro ANT survey?

The company expects the survey to begin in early June, finish in July, with final results in August. According to Global Uranium, these milestones are subject to scheduling and field conditions and will guide subsequent exploration steps.