DISA Uranium (in which IsoEnergy holds a 33% stake) has updated its target for the Tony M preliminary economic assessment (PEA) to Q1 2027. The announcement highlights a 2026 leach study showing 88% uranium recovery using High-Pressure Slurry Ablation technology.
IsoEnergy has completed a transaction transferring its Utah uranium assets to the newly formed DISA Uranium in exchange for a 33% stake. The company maintains a strong balance sheet with C$70.9 million in cash and continues its own exploration programs at Hurricane and Wiluna.
Manhattan Uranium Discovery Corp. has compiled 499 historical drill holes at its Lisbon Valley uranium project in Utah, identifying a high-grade intercept of 3.70% eU3O8 over 5.2 ft in hole N-1. The compilation shows that 34% of holes hit mineralization averaging 0.28% eU3O8, comparable to the district's historical production grade. This work forms the foundation for 3D targeting and has generated 36 high-priority drill targets, though the data is historical and unverified.
Anfield Energy plans to raise at least $50 million to refurbish and reopen the Shootaring Canyon uranium mill in Utah. The project aims to process ore from the company's Velvet-Wood and Slick Rock assets, with the potential to include vanadium processing and toll milling for third parties.
IsoEnergy Ltd. has entered a definitive agreement with DISA Technologies to form DISA Uranium Corporation, a US-based platform valued at US$505 million. The deal involves contributing IsoEnergy's Utah uranium portfolio in exchange for a 33% stake, supported by a US$105 million private placement from strategic investors.
DISA Technologies has launched DISA Uranium Corporation, which is acquiring IsoEnergy Ltd.'s Utah uranium portfolio. The new entity will leverage proprietary HPSA technology to recover uranium and vanadium from both conventional mines and abandoned mine waste, supported by a US$105 million financing commitment.
IsoEnergy and DISA Technologies are forming DISA Uranium Corporation, a new US-based uranium platform combining IsoEnergy's Utah assets with DISA's proprietary HPSA processing technology. The transaction is supported by US$105 million in financing commitments and aims to leverage unique NRC licensing for uranium recovery from legacy mine waste.
Anfield Energy has released an updated Preliminary Economic Assessment (PEA) for its integrated uranium-vanadium hub-and-spoke model, reporting a pre-tax IRR of 106% and an NPV of US$606 million. The company is advancing construction at Velvet-Wood and refurbishment at the Shootaring Canyon Mill, with production targets set for late 2026 and 2027 respectively.
Anfield Energy has filed an updated Preliminary Economic Assessment (PEA) for its uranium and vanadium projects in Utah and Colorado. The PEA reports a pre-tax NPV of US$606 million and a pre-tax IRR of 106%, utilizing a centralized hub-and-spoke production model centered on the Shootaring Canyon Mill.
IsoEnergy has completed the mining component of its bulk sample at the Tony M mine, yielding approximately 2,100 tons of material to support an upcoming Preliminary Economic Assessment. Additionally, the company is continuing systematic drilling at the Flatiron Project in Utah to target uranium mineralization.
