Premier American Uranium Starts 100,000 ft Exploration Drilling Program at Kaycee ISR Uranium Project, Wyoming
Premier American Uranium (PUR.V) launched its 2026 exploration drilling program at its Kaycee project, located in the Powder River Basin of northeastern Wyoming, it said on Thursday.Survey work is underway for about 500 exploration drillhole collars and 100 historic coalbed methane (CBM) well-collar locations in support of a future mineral resource estimate, it said. Recent claim staking has increased the company's Kaycee land position to about 29,841 combined acres of federal, state, and private surface lands.The company intends to focus on the Outpost target and the Rustler target, where previous drilling has identified encouraging uranium mineralization associated with favorable roll-front host geology. Additional drilling near historic CBM wells is intended to test newly interpreted targets and expand the company's understanding of mineralized trends throughout the project area, it added.Shares of the company were last seen unchanged at $0.65 on the TSX Venture Exchange.
