Nuclear Fuels Discovers Two New Uranium Zones at Kaycee Project

Nuclear Fuels Inc. has identified two new uranium mineralized zones in its Kaycee project located in the Powder River Basin, Wyoming. These discoveries, made during an exploratory drilling program, pave the way for a 2025 delineation campaign.

Share:

Nuclear Fuels Inc.’s Kaycee project has revealed two new uranium mineralization zones, named Outpost and Trail Dust. These discoveries resulted from a drilling campaign designed to test regional targets within the property, located in the Powder River Basin, a region historically known for uranium extraction through in-situ recovery (ISR).

Promising Drilling Results

Drilling at the Outpost zone identified an interval of 6.5 feet containing 0.082% uranium (eU₃O₈), yielding a grade thickness (GT) of 0.532. Another hole drilled at the Trail Dust zone, located approximately 1.5 miles north of Outpost, revealed 5.5 feet at 0.0553% eU₃O₈, for a GT of 0.304. These values exceed the 0.20 GT threshold commonly regarded as significant for ISR extraction.

A third hole, located about two miles southeast of Trail Dust, revealed weaker mineralization (3 feet at 0.029% eU₃O₈). However, early geological interpretations suggest that this zone could be connected to the same mineralization trend, warranting further exploration.

Expanded Drilling Program

Launched in July 2024, Nuclear Fuels’ drilling program has completed 206 drill holes, totaling 124,720 feet of core drilling by its close in December 2024. Initially aimed at confirming and expanding the historical resources of the Kaycee project, the program gradually incorporated a regional exploration phase, leading to the discovery of the new Outpost and Trail Dust zones.

The company plans to resume drilling in May 2025 to better define the orientation and extent of these new mineralized structures. Additional regional targets will also be evaluated, further enhancing the potential for new exploitable zones.

A Strategic Project in a Favorable Environment

The Kaycee project covers 55 square miles and hosts approximately 430 miles of uranium mineralization trends. It is the only project in the Powder River Basin where all three historically productive geological formations (Wasatch, Fort Union, and Lance) are mineralized and potentially exploitable via ISR.

Since its acquisition in 2023 from enCore Energy Corp., which retains a partial buyback option on any significant discovery, Nuclear Fuels has been working towards establishing a resource compliant with 43-101 standards of 15 million pounds of uranium to strengthen the project’s viability.

Wyoming, where the project is located, offers a favorable regulatory environment for the uranium industry. As an “Agreement State,” the state has local authority over permitting processes, enabling faster administrative procedures compared to other U.S. jurisdictions. With over 250 million pounds of uranium produced historically, primarily through ISR since 1990, Wyoming remains a key region for the sector’s development.

Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.