# UraniumX Discovery Corp > Uranium exploration company listed on CSE: STMN and OTCQB: STMXF. 33,471 hectares across three properties in the Athabasca Basin, Saskatchewan, Canada. ## Company Overview UraniumX Discovery Corp is a junior uranium exploration company focused on the Athabasca Basin, which hosts the world's highest-grade uranium deposits. The company holds three exploration-stage properties: Murphy Lake (609 ha, earn-in up to 70%), Zoo Bay (19,850 ha, 100% owned), and NeoCore (13,012 ha, 100% owned). On July 10, 2026, the company announced a definitive agreement to acquire a 100% interest in the Dieter Lake uranium project (~8,106 ha, North-Central Quebec) from Consolidated Uranium Inc., a wholly owned subsidiary of IsoEnergy Ltd.; closing is expected in Q3 2026, subject to CSE acceptance and customary closing conditions. Headquarters: Suite 170 - 422 Richards St., Vancouver, BC V6B 2Z4, Canada Email: info@uraniumx.ca Exchange listings: CSE: STMN, OTCQB: STMXF Shares outstanding: ~92.64 million ## Key Pages - [Home](https://uraniumx.ca/index.html): Company overview with property highlights and market context - [Investor Centre](https://uraniumx.ca/investors.html): Capital structure, catalysts, and investor resources - [News Releases](https://uraniumx.ca/news.html): All press releases and corporate announcements - [Leadership](https://uraniumx.ca/team.html): Management team, advisors, and board of directors - [Murphy Lake](https://uraniumx.ca/properties/murphy-lake.html): Flagship property details - [Zoo Bay](https://uraniumx.ca/properties/zoo-bay.html): Zoo Bay property details - [NeoCore](https://uraniumx.ca/properties/neocore.html): NeoCore property details - [Dieter Lake](https://uraniumx.ca/properties/dieter-lake.html): Dieter Lake acquisition details (announced July 10, 2026) ## Properties ### Murphy Lake (Flagship) - 609 ha, NE Athabasca Basin Earning up to 70% via option agreement with F4 Uranium Corp. Located 30km NW of Orano McClean Lake deposits, 5 km south of IsoEnergy Hurricane Deposit, 4 km east of Cameco La Rocque Lake Zone, 3 km from Cosa Resources Cyclone trend. Key drill result: ML22-006 returned 0.242% U3O8 over 0.5m at 322.5m depth. MLEM ground geophysical survey completed May 2026; preliminary interpretation extended prospective conductor systems by 1.45 km between drill holes ML22-012 and ML22-006. F4-operated drill program scheduled to commence mid-May 2026, fully funded by UraniumX. No mineral resources defined. ### Zoo Bay - 19,850 ha, NE Athabasca Basin 100% owned (held through wholly-owned subsidiary 1477571 B.C. Ltd.). 15 mineral claims. Shallow unconformity at 0-200m depth. Ground gravity survey planned: 2,500 stations. No mineral resources defined. On April 27, 2026, UraniumX entered a letter of intent with Pond Technologies Holdings Inc. for an option agreement under which Pond may earn 100% by issuing 16,000,000 Pond common shares, paying $350,000 cash over three years, and incurring $4,500,000 in exploration expenditures. The transaction is subject to negotiation and execution of a definitive option agreement, TSXV approval, and Pond shareholder approval. ### NeoCore - 13,012 ha, E Athabasca Basin 100% owned. 6 mineral claims. 65km SE of Cameco McArthur River mine. University of Saskatchewan collaboration on quartz-degradation analytics. No mineral resources defined. ### Dieter Lake - ~8,106 ha, North-Central Quebec (acquisition announced July 10, 2026) 100% interest being acquired from Consolidated Uranium Inc., a wholly owned subsidiary of IsoEnergy Ltd. (TSX: ISO); closing expected Q3 2026, subject to CSE acceptance and customary closing conditions. Consideration: 18,000,000 UraniumX shares at a deemed price of $0.10 plus a 2.0% net smelter returns royalty, no cash; IsoEnergy expected to hold approximately 15.6% of UraniumX (non-diluted) on closing. 168 mineral claims in a single contiguous block within the Gayot Lake basin. Stratabound pitchblende mineralization in the Sakami Formation traced over approximately 6 km of strike in four zones (Vivian, Nancy I and II, and Bert's), open to the southwest. The property hosts a historical mineral resource estimate of 19.3 million tonnes at 0.057% U3O8 (approximately 24.4 million pounds U3O8), dated 2006. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource, UraniumX is not treating it as current, and it should not be relied upon. An updated NI 43-101 technical report is being prepared by Dahrouge Geological Consulting Ltd. ## Disclaimers The Company has not defined any mineral resources or mineral reserves on any of its properties. Mineral exploration is inherently speculative and involves significant risk. References to adjacent properties are for geological context only. All forward-looking statements are subject to risks and uncertainties. Review complete filings on SEDAR+ (sedarplus.ca). ## News Releases ### UraniumX Extends Murphy Lake Conductors by 1.45 km; Drill Program to Commence Mid-May - Date: 2026-05-05 - Type: exploration - Summary: UraniumX completes the Moving Loop Electromagnetic (MLEM) ground geophysical survey at Murphy Lake. Preliminary interpretation extends prospective conductor systems by an additional 1.45 km in the corridor between drill holes ML22-012 and ML22-006. F4-operated drill program scheduled to commence mid-May 2026, fully funded by UraniumX. - URL: https://uraniumx.ca/news/2026-05-05-murphy-lake-conductors-extended-145km.html ### UraniumX Reports Strong Financial Position Ahead of Spring Drill Program - Date: 2026-05-01 - Type: corporate - Summary: UraniumX reports cash and cash equivalents of $5.31M, working capital of $5.98M, and $2.12M in flow-through commitments as of February 28, 2026, supporting a fully funded spring 2026 drill program at Murphy Lake. Marketing agreement with Machai Capital Inc. announced. - URL: https://uraniumx.ca/news/2026-05-01-strong-financial-position.html ### UraniumX Discovery Corp. Announces LOI to Enter into Option Agreement with Pond Technologies Holdings Inc. Regarding the Zoo Bay Uranium Project - Date: 2026-04-27 - 2026-04-17 — Closing of final tranche of non-brokered private placement - Type: corporate - Summary: UraniumX enters letter of intent dated April 27, 2026 with Pond Technologies Holdings Inc. for an option on the 19,850-hectare Zoo Bay Uranium Project. Pond may earn 100% by issuing 16,000,000 common shares, paying $350,000 cash over three years, and incurring $4,500,000 in exploration expenditures. Subject to definitive option agreement, TSXV approval, and Pond shareholder approval. - URL: https://uraniumx.ca/news/2026-04-27-uraniumx-loi-pond-zoo-bay.html ### UraniumX Plans 2,500-Station Ground Gravity Survey at Zoo Bay - Date: 2026-02-24 - Type: exploration - Summary: UraniumX announces plans for a comprehensive ground gravity survey at Zoo Bay, targeting structural controls on uranium mineralization across the 19,850-hectare property. - URL: https://uraniumx.ca/news/2026-02-24-zoo-bay-gravity.html ### UraniumX Commences 9.2 Line-Kilometre Ground Geophysical Survey at Murphy Lake - Date: 2026-02-17 - Type: exploration - Summary: UraniumX initiates a Moving Loop Electromagnetic (MLEM) ground survey at the Murphy Lake flagship property, targeting conductive structures associated with uranium mineralization. - URL: https://uraniumx.ca/news/2026-02-17-murphy-lake-geophysics.html ### UraniumX Commences 9.2 Line-Kilometre Ground Program at Murphy Lake - Date: 2026-02-17 - Type: exploration - Summary: UraniumX initiates a 9.2 line-kilometre Moving Loop Electromagnetic (MLEM) ground geophysical survey at the Murphy Lake flagship property, targeting conductive structures ahead of Spring 2026 drilling. - URL: https://uraniumx.ca/news/2026-02-17-murphy-lake-ground-program.html ### UraniumX Upsizes LIFE Offering to C$4.31 Million - Date: 2026-02-12 - Type: financing - Summary: UraniumX upsizes its previously announced Listed Issuer Financing Exemption (LIFE) offering to C$4.31 million, issuing 21.55 million units at C$0.20 per unit to fund upcoming exploration programs. - URL: https://uraniumx.ca/news/2026-02-12-life-upsizing.html ### UraniumX Closes $4.31M LIFE Offering - Date: 2026-02-10 - Type: financing - Summary: UraniumX closes a Listed Issuer Financing Exemption offering of 21.55 million units at C$0.20 per unit, raising $4.31 million to fund exploration programs. - URL: https://uraniumx.ca/news/2026-02-10-life-offering.html ### UraniumX Appoints Vincent Martin as Strategic Advisor - Date: 2026-01-15 - Type: corporate - Summary: Former CEO of Orano Canada Inc. Vincent Martin joins UraniumX as Strategic Advisor, bringing 37 years of uranium exploration, development, and operations experience. - URL: https://uraniumx.ca/news/2026-01-15-vincent-martin.html ### UraniumX Appoints Esen Boldkhuu as Chief Executive Officer - Date: 2025-12-20 - Type: corporate - Summary: UraniumX Discovery Corp. announces the appointment of Esen Boldkhuu as CEO to lead the Company's exploration strategy in the Athabasca Basin. - URL: https://uraniumx.ca/news/2025-12-20-ceo-appointment.html ### Stearman Resources Rebrands as UraniumX Discovery Corp. - Date: 2025-12-15 - Type: corporate - Summary: The Company announces its rebranding from Stearman Resources Inc. to UraniumX Discovery Corp., reflecting its strategic focus on uranium exploration in the Athabasca Basin. - URL: https://uraniumx.ca/news/2025-12-15-rebrand.html ### Stearman Resources Enters Option Agreement for Murphy Lake Uranium Property - Date: 2025-09-10 - Type: corporate - Summary: Stearman Resources (now UraniumX) enters an option agreement with F4 Uranium Corp to earn up to 70% of the Murphy Lake property in the northeast Athabasca Basin, located near IsoEnergy's Hurricane deposit. - URL: https://uraniumx.ca/news/2025-09-10-murphy-lake-option.html ### Stearman Resources Acquires Zoo Bay Uranium Property -- 19,850 Hectares in NE Athabasca - Date: 2025-08-20 - Type: corporate - Summary: Stearman Resources (now UraniumX) acquires the 19,850-hectare Zoo Bay property comprising 15 mineral claims in the northeast Athabasca Basin, establishing the Company's largest land position. - URL: https://uraniumx.ca/news/2025-08-20-zoo-bay-acquisition.html ### Stearman Resources Acquires NeoCore Uranium Property in Athabasca Basin - Date: 2025-07-15 - Type: corporate - Summary: Stearman Resources (now UraniumX) acquires the 13,012-hectare NeoCore uranium property in the eastern Athabasca Basin, adding a 100%-owned asset to its exploration portfolio. - URL: https://uraniumx.ca/news/2025-07-15-neocore-acquisition.html ## Optional - [JSON News Feed](https://uraniumx.ca/feed.json): Machine-readable news feed - [Full context for LLMs](https://uraniumx.ca/llms-full.txt): Detailed version of this file