Global Uranium is earning into a joint venture with industry leaders Cameco Corp. (TSX: CCO), NexGen Energy Ltd. (TSX: NXE), Orano Canada Inc., and Forum Energy Metals Corp. (TSX.V: FMC) to jointly explore the Northwest Athabasca Joint Venture Project.
The Northwest Athabasca Joint Venture historical drilling returned an intersection of 6.0 m @ 5.65% U₃O₈.
Nuclear energy boasts the smallest carbon footprint among all power generation sources, making uranium a key player in achieving net-zero emissions.
Source: Carbon Credits
Global Uranium has a total of five projects covering 5,040 acres, located in mining friendly districts: The Great Divide Basin District, the Copper Mountain Uranium District, and the number one uranium area in Wyoming, the Gas Hills Uranium District.
Nuclear supply chains are a crucial part of the Canada-US Energy Transformation Task Force and the US announced their loan program of 2.5 billion USD for the development of uranium production in the US and Canada.
Source: Small Caps, May 2024
The World Nuclear Association has said that there are 391 gigawatts of nuclear power capacity globally, meeting a tenth of the world’s power demand. It forecasts that capacity will rise to 686 gigawatts, and perhaps as high as 931 gigawatts, by 2040.
Source: Reuters, September 2023
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