–News Direct–
Pegasus Resources’ CEO, Chris Timmins, joined Steve Darling from Proactive to announce significant findings from the company’s recent sampling program at the Energy Sands project in Utah, a past-producing site with uranium potential. Out of 41 samples collected during the program, 13 have demonstrated uranium (U3O8) grades exceeding 1%. Notably, sample ESRS24-016 returned an impressive 18.8% U3O8, while sample ESRS24-007 returned 3.5% U3O8.
Timmins emphasized to Proactive that the concentration of 18.8% U3O8 in sample ESRS24-016 validates the high-grade uranium potential at the Energy Sands project. These results significantly enhance the company’s confidence in the uranium mineralization of the asset, providing crucial guidance for drill targeting and permit applications required to advance Energy Sands to a drill-ready status.
During the 13-day sampling program, Pegasus collected 41 grab samples using the RS-125 handheld spectrometer to identify areas of uranium mineralization. Notable samples were obtained from mineralized outcrops, tailings, and historical mine workings. This comprehensive geological mapping and sampling effort represent a critical step in advancing Pegasus’ exploration activities, offering valuable insights into the uranium and vanadium potential of the Energy Sands property.
The company remains committed to leveraging this data for informed decision-making as it continues to pursue sustainable resource development. The promising results from the sampling program underscore the significant potential of the Energy Sands project and position Pegasus Resources for further exploration success in the uranium sector.
In summary, Pegasus Resources’ recent sampling program has yielded encouraging results, reaffirming the high-grade uranium potential of the Energy Sands project. With a focus on strategic exploration and resource development, Pegasus is well-positioned to capitalize on the valuable insights gained from this program and drive continued growth in the uranium mining sector.
Proactive Canada
+1 604-688-8158
View source version on newsdirect.com: https://newsdirect.com/news/pegasus-resources-releases-positive-results-from-sampling-program-at-energy-sand-in-utah-738138728
This article was originally published at: https://hexaprwire.com/pegasus-resources-releases-positive-results-from-sampling-program-at-energy-sand-in-utah/
For much of its history, cryptocurrency has been locked away like gold in a vault, with holders watching market charts rise and fall while their...
For WealthTech companies, alignment is a moving target. Between evolving SEC guidance, fast product iterations, and high-stakes customer interactions, staying informed goes beyond internal efficiency....
For much of its history, cryptocurrency has been locked away like gold in a vault, with holders watching market charts rise and fall while their...
For WealthTech companies, alignment is a moving target. Between evolving SEC guidance, fast product iterations, and high-stakes customer interactions, staying informed goes beyond internal efficiency....
Phishing has become a persistent and expensive problem in financial services. Every week brings a new report of credential theft, spoofed domains, or fraudulent transfers....
The biggest change in retirement planning isn’t about the markets, inflation, or policy—it’s about mindset. In 2025, retirement is less frequently defined by an age...
The face of retail banking is shifting, but not through headline-grabbing crypto products or high-risk lending experiments. Instead, it’s happening at the infrastructure level, where...
For all the talk about democratizing finance, real financial literacy still lags behind. Americans today have more tools than ever before—apps to invest spare change,...
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
