The Largest Conventional Uranium Deposit in America Just Filed Its Drill Permits

Baystreet
2026.04.15 13:32
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Eagle Nuclear Energy Corp. (NASDAQ: NUCL) has filed drill permits for its Aurora Project, the largest conventional uranium deposit in the U.S., with a planned 47-hole, 27,000-foot drilling program set to begin in July 2026. The project aims to advance towards a Pre-Feasibility Study by late 2027. The company reported a cash balance of $31.3 million and no debt as of February 2026. Uranium prices have surged, with spot prices reaching $101/lb, driven by increasing demand for nuclear energy and domestic uranium production.