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.

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.
The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.
Lithuania establishes a working group tasked with assessing the feasibility of modular nuclear reactors to meet electricity demand estimated at 74 TWh by 2050.
Framatome has secured two significant contracts from Electrabel covering modernisation and technical support for the Tihange 3 and Doel 4 nuclear reactors, as part of their extension agreed upon between Engie and the Belgian government.
Cairo is stepping up connection works for the planned 4,800 MW El-Dabaa nuclear plant, developed with Rosatom, to feed the grid from 2026 with output equal to about seven % of national electricity.
GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.
Energy Fuels Inc. announced record production of 638,700 pounds of uranium during the second quarter of 2025 at its Pinyon Plain mine in Arizona, significantly surpassing initial site performance forecasts.
Argentina and Peru have signed an agreement expanding their scientific and technological cooperation in the civil nuclear field, including joint research projects and specialised training programmes for future development.
After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.
South Korea's Nuclear Safety and Security Commission officially validates the decommissioning of reactor number one at the Kori plant, initiating an unprecedented project for the national industry scheduled to last until 2037.
Uranium producer enCore Energy surpasses three thousand pounds per day at its Alta Mesa ISR complex and sees three new Texas laws as a strong signal for faster nuclear production permits.
The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.