20269 releases
Laramide Resources Files NI 43-101 Technical Report for the Westmoreland Uranium Project
The independent NI 43-101 technical report supporting the updated Preliminary Economic Assessment for the 100%-owned Westmoreland Uranium Project in Queensland, Australia has been filed on SEDAR+, with an effective date of July 22, 2026, and no material differences from results disclosed on that date. The PEA covers only the Redtree, Huarabagoo, Junnagunna and Long Pocket resources, based approximately 79% on Indicated and 21% on Inferred Mineral Resources, with costs to ±35% accuracy. Further exploration is planned for 2026 and 2027.
Study resultsLaramide Resources Expands into Sweden with Acquisition of Strategic Uranium Exploration Licences
A 100% interest in uranium exploration licences in Sweden's Hotagen and Arjeplog-Arvidsjaur districts has been acquired from private vendor Gilpas Resources for aggregate consideration of $600,000: $300,000 cash (including a $50,000 non-refundable deposit paid, with $250,000 due by August 31, 2026) and $300,000 in shares, satisfied by issuing 503,216 shares. Milestone payments of $150,000 and $250,000 are payable on delineating resources of 5 million and 10 million pounds of uranium. The Kläppibäcken Project covers more than 1,700 hectares across two licences; the Kaivaive 103 licence covers Arjeplog. Initial work will digitize historical data and rank drill targets.
AcquisitionLaramide Resources Announces Closing of $5 Million Private Placement with a Strategic Investor
A non-brokered private placement of 8,350,000 common shares at $0.60 per share closed with a strategic investor for gross proceeds of $5,010,000. Proceeds will be used for working capital and general corporate purposes. The shares are subject to a four month plus one day hold period, and closing remains subject to conditions including Toronto Stock Exchange approval.
FinancingLaramide Resources Announces $5 Million Private Placement with a Strategic Investor
A non-brokered private placement of 8,350,000 common shares at $0.60 per share for gross proceeds of $5,010,000 has been arranged with a strategic investor. Proceeds will fund working capital and general corporate purposes, with shares subject to a four-month-plus-a-day hold period. Closing is conditional on regulatory approvals, including Toronto Stock Exchange approval.
FinancingLaramide Resources Announces Updated Preliminary Economic Assessment and Positions Westmoreland Uranium Project for the Next Phase of Development
An updated PEA for the 100%-owned Westmoreland Uranium Project in Queensland, Australia shows a post-tax NPV of US$741.1 million at a 7.5% discount rate, a post-tax IRR of 33% and a payback of about 2.5 years at US$90/lb U3O8, with initial capital of US$456 million plus US$84 million contingency and C1 cash costs of US$32.40/lb. The open-pit operation would process 2.9 million tonnes annually at 95% recovery, producing about 4.9 million lbs U3O8 per year and 47.9 million lbs over an 11-year mine life. A NI 43-101 technical report will be filed within 45 days, and Laramide says it is prepared to lodge a Mining Lease Application when permitted by the Queensland Government.
Study resultsLaramide Resources Announces Results of Annual Meeting of Shareholders
Shareholders approved all matters at Laramide Resources' annual and special meeting held June 26, 2026 in Toronto, with 162,858,490 common shares represented. All five management nominees were elected, with John Booth receiving 60.19% support (91,042,321 shares for; 60,215,755 against) and the others between 92.56% and 95.70%. RSM Canada LLP was appointed auditors, and the continuation of the Stock Option Plan and unallocated entitlements was ratified until the next shareholders' meeting.
CorporateLaramide Resources Announces Advancement of Churchrock-Crownpoint Discharge Permit to Public Notice Phase
The New Mexico Environment Department has advanced Laramide's DP-2004 Groundwater Discharge Permit application for the Churchrock-Crownpoint In-Situ Recovery Uranium Project in McKinley County, New Mexico, to the public notice phase, providing the public notice package and instructions to begin public notification and stakeholder engagement. The permit application supports ISR uranium recovery at Churchrock Section 8, including authorization to use a groundwater-based lixiviant solution. The project holds an existing Nuclear Regulatory Commission license and is a FAST-41 Covered Project.
CorporateLaramide to Update Westmoreland Economic Study
Lycopodium Limited has been engaged to update the Preliminary Economic Assessment for the Westmoreland Uranium Project in Queensland, Australia, with completion targeted for the first half of 2026. The update will replace the 2016 PEA, which used a uranium price of US$65 per pound U₃O₈, and will incorporate current pricing, revised capital and operating costs, and a resource of 48.1 million pounds U₃O₈ Indicated at 770 ppm and 17.7 million pounds Inferred at 680 ppm. It is expected to evaluate production rates of approximately 4 to 5 million pounds U₃O₈ per annum.
Study resultsLaramide to Abandon Kazakhstan Greenfield Uranium Effort Due to Newly Enacted Government Policy Changes
Laramide Resources has terminated, effective immediately, its September 2024 option agreement with Aral Resources covering 22 subsoil use licences over more than 5,500 km² in Kazakhstan's Chu-Sarysu Basin, and has ceased funding further exploration there. The decision follows December 26, 2025 amendments to Kazakhstan's Subsoil Use Code that increase minimum Kazatomprom ownership of newly discovered uranium resources; final permits for a planned 15,000 metre multi-rig drill program had been received December 24, 2025. The company remains focused on Churchrock-Crownpoint in New Mexico and Westmoreland in Queensland.
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