Welcome to our dedicated page for Pegasus Resources news (Ticker: SLTFF), a resource for investors and traders seeking the latest updates and insights on Pegasus Resources stock.
Pegasus Resources Inc. (SLTFF) is a Canadian mineral exploration company actively developing uranium, gold, and base metal projects across North America. This news hub provides investors and industry stakeholders with timely updates on corporate developments, exploration milestones, and strategic initiatives.
Access comprehensive coverage of SLTFF's operational progress, including drilling results, resource estimates, and partnership announcements. Our curated news collection enables efficient tracking of the company's multi-commodity exploration strategy across key projects like Energy Sands and Jupiter.
Discover updates spanning geological surveys, permitting advancements, and technical reports. The archive serves as an essential resource for monitoring SLTFF's methodical approach to mineral discovery and project development in established mining jurisdictions.
Bookmark this page for direct access to verified press releases, regulatory filings, and operational disclosures. Stay informed about Pegasus Resources' evolving exploration portfolio through our maintained repository of company communications.
Pegasus Resources Inc. (OTC: SLTFF) has announced the commencement of exploration permit applications and crew mobilization for the Chord Uranium Project, located near the licensed Dewey–Burdock ISR Uranium deposit. This project covers historic uranium mineralization drilled by Union Carbide Corp, showcasing a total of 2,379,990 lbs. U3O8, with a potential additional resource of 1,440,000 lbs. U3O8. The exploration aims to evaluate both underground and open-pit mining resources from key formations, enhancing the company's focus on uranium alongside its other mineral properties.
Pegasus Resources Inc. (OTC/Pink Sheet: SLTFF) has initiated the permit application process for its Mozzie Lake Uranium Property, part of a larger land package near the Athabasca Basin in Saskatchewan. The property boasts a historical resource estimate of 204,200 tons at 0.119% U3O8, totaling 535,718 pounds of uranium. This area has seen little exploration since the 1960s but may also contain rare-earth elements. The company aims to leverage past data to enhance its exploration efforts.
Pegasus Resources Inc. (OTC: SLTFF) has received permit approval from the Saskatchewan Ministry of Environment for initial exploration at its Pine Channel Uranium Project in the Athabasca Basin. The first phase includes ground radon and gravity surveys aimed at identifying uranium mineralization, leveraging historical targets similar to those found by Fission Uranium and Nexgen Energy. The property shows promising geological features with shallow uranium potential. Fieldwork is set to begin once ground conditions improve.
Pegasus Resources Inc. (OTC/Pink Sheet symbol: SLTFF) has signed an option agreement for the acquisition of 147 lode mining claims in South Dakota, covering approximately 3,037 acres. The all-cash deal values the transaction at US$1,500,000 payable over three years, pending TSX approval. The claims include historical resources totaling 2,379,990 lbs. U3O8 and an additional potential resource of 1,440,000 lbs. U3O8. This acquisition allows Pegasus to plan detailed drilling programs to confirm historical results and assess ISR amenability.
Pegasus Resources Inc. (OTC: SLTFF) has engaged Dahrouge Geological Consulting Ltd for field exploration at its newly acquired Energy Sands Uranium Project in Utah. This project involves 30 unpatented claims over 600 acres, near the San Rafael Uranium District. Historical production (1953-1956) yielded 51.8 tons of uranium and vanadium. The company is also advancing the Pine Channel Uranium Project permitting in Saskatchewan. Cautious management notes that past results from adjacent properties may not predict future mineralization on their own.
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