Pounds. Catalyst. Partners.
Four uranium projects across Saskatchewan and Quebec, and three different ways they create value.
About 41,577 hectares across the Athabasca Basin in Saskatchewan and the Gayot Lake basin in Quebec. Murphy Lake is where the next result comes from. Dieter Lake is the largest, and wholly owned.
Nine holes and 4,092 metres finished in July 2026, defining two mineralized trends. Results are at the lab.
One contiguous block in Quebec, wholly owned, with a 2006 historical estimate of 24.4 M lb U3O8, not a current mineral resource.1
Being sold to Pond for shares, cash and funded exploration. We keep a 2.0% royalty and stay on as operator.
East of the basin, 65 km from Cameco’s McArthur River mine. Gold’n Futures may earn in under an option.
Mines met 90% of world demand in 2024, and have fallen short in every year since 2015. More reactors are under construction, planned or proposed than operate today, and the largest technology companies are contracting nuclear power directly.
| Year | Mine production | Share of world demand |
|---|---|---|
| 2015 | 60,342 tU | 98% |
| 2016 | 63,207 tU | 96% |
| 2017 | 60,462 tU | 93% |
| 2018 | 54,154 tU | 80% |
| 2019 | 54,742 tU | 81% |
| 2020 | 47,731 tU | 74% |
| 2021 | 47,805 tU | 76% |
| 2022 | 49,614 tU | 76% |
| 2023 | 54,433 tU | 83% |
| 2024 | 60,213 tU | 90% |
| 2025 | Reactor requirements about 68,920 tU | |
| 2040 | Reactor requirements: lower scenario over 107,000 tU; reference just over 150,000 tU; upper over 204,000 tU | |
Mine production and share of world demand: World Nuclear Association, World Uranium Mining Production, updated 6 October 2026. 2025 requirement of about 68,920 tU: WNA reactor and uranium requirements table. 2040 scenarios: WNA World Nuclear Fuel Report 2025. The lines join WNA’s 2025 estimate to its 2040 figures; WNA does not publish the year-by-year path drawn. Scenarios are projections, not forecasts of mine supply or of any UraniumX outcome.
441 reactors operate worldwide. Another 539 are under construction, planned or proposed.
World Nuclear Association, world nuclear power reactors and uranium requirements, updated 6 October 2026: 441 operable, 81 under construction, 122 planned, 336 proposed.
Long-term agreements covering existing plants, a restart, uprates and new reactors.
As announced: Google and Constellation, 6 October 2026 (the 890 MW nuclear agreement only, not the separate 2,700 MW supply agreement); Talen Energy, 11 June 2025; Constellation, 3 June 2025; Constellation, 20 September 2024; Google, 14 October 2024.
Market figures: World Nuclear Association, linked under each chart. UraniumX has not defined a current mineral resource or reserve on any property.
One basin in northern Saskatchewan hosts the world’s largest high-grade uranium deposits and the two largest uranium mines on Earth.
Inside the map: 4,500+ claims, bedrock geology, 28,000 EM conductors, 20,000 drillholes, every deposit, mine and operator, and UraniumX’s ground in context.
Explore the basin →Grade, deposit and production-location statements per Natural Resources Canada, Uranium in Canada: grades of up to 20% uranium, 100 times the world average; the Athabasca Basin hosts the world’s largest high-grade deposits; all current Canadian production is located in the basin. Supply share and mine ranking per the World Nuclear Association, World Uranium Mining Production: Canada 14,309 tU of 60,213 tU in 2024; McArthur River/Key Lake 7,808 tU and Cigar Lake 6,501 tU, the two largest producing mines. Claim, drillhole and conductor counts per the public Saskatchewan datasets loaded in the map. Mineralization on adjacent properties is not necessarily indicative of mineralization on UraniumX’s properties.
Combined: 100+ years of uranium exploration. Eight deposits discovered. Four became producing mines. Two former executives of the companies that built this district.
Former CEO of Orano Canada Inc. for 12 years. 37 years of uranium exploration, development, and operations with the Orano/Areva group.
47+ years Athabasca Basin exploration. Part of teams credited with 8 deposit discoveries, 4 advanced to production.
Key geologist behind NexGen's Arrow deposit discovery. Previously on Hathor's Roughrider team, sold to Rio Tinto for $654M.
Co-founder of Chimege AI. Founding team at Abitibi Metals and Formation Metals. Data-driven, capital-efficient approach.
40 years building and scaling businesses across railroads, dealership consolidation, and oil & gas.
Radiometric readings at Murphy Lake are anomalous indicators, not assayed grade, and no discovery or grade is claimed pending assay results. Mineralization on adjacent properties is not indicative of mineralization on UraniumX’s properties. Figures per UraniumX news releases dated 7 July, 10 July, 19 August and 20 August 2026. Technical content reviewed by Ken Wheatley, P.Geo., a qualified person under National Instrument 43-101.