--- title: "Canadian Uranium Corp. Initiates First Steps on Castle South Uranium Project" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/269140600.md" description: "Canadian Uranium Corp. has initiated exploration on the Castle South Uranium Project in the Athabasca Basin, Northern Saskatchewan. The project involves a three-phase exploration program starting in Q1 2026, including MT surveys, field prospecting, and diamond drilling. The company aims to identify high-priority drilling targets and advance uranium exploration in the region. The project covers 20,600 hectares and hosts multiple high-priority target areas. This marks a significant step in the company's exploration strategy." datetime: "2025-12-09T21:55:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269140600.md) - [en](https://longbridge.com/en/news/269140600.md) - [zh-HK](https://longbridge.com/zh-HK/news/269140600.md) --- > 支持的语言: [English](https://longbridge.com/en/news/269140600.md) | [繁體中文](https://longbridge.com/zh-HK/news/269140600.md) # Canadian Uranium Corp. Initiates First Steps on Castle South Uranium Project (TheNewswire) Vancouver, British Columbia –December 9, 2025 – TheNewswire - Canadian Uranium Corp.(CSE: CANU) (formerly, Free Battery Metal Limited) (“CANU” or the“Company”), an exploration-focused company targeting high-potentialuranium projects in the Athabasca Basin of Northern Saskatchewan, ispleased to provide shareholders with an update on the next steps forits recently acquired 80% earn-in interest in the Castle South UraniumProject (formerly known as the Cable Lake Property) CANU is currently defining exploration targets andpreparing permit applications as it embarks on its initialinvestigation of the Castle South Uranium Project. The property issituated along the southern lip of the Athabasca Basin, where numerousinterpreted faults and structural features offer strong potential formineralization. The Company intends to explore these structures usingmodels similar to those that contributed to discoveries at PattersonLake South and the Arrow deposit. Three-Phase Exploration Program Beginning Q1 2026 Phase 1 – MT Survey & Data Compilation The Company will commence a Magnetotelluric (MT) survey, a passive geophysical method that measures natural variations in Earth’s magnetic and electric fields—originating from lightning, solar winds, and other natural sources—to map subsurface electrical resistivity. This survey will help define the geology and identify geophysical anomalies across the claim group. The exploration target model is a classic unconformity-style uranium system, focusing on graphitic conductors within magnetic lows that may indicate a hydrothermal depositional environment. With an investigative depth of over 1 km, the MT survey will also help identify anomalies within magnetic breaks at depths consistent with the discoveries at PLS and Arrow. Phase 1 will also include a comprehensive data compilation program, integrating historical datasets with the new MT survey as the framework. Phase 2 – Field Prospecting & Ground Geophysics Scheduled for spring and summer 2026, this phase includes radiometric surveys, ground magnetic (Mag) and induced polarization (IP) geophysics, and Man-portable Shaw drilling to test surface expressions. These activities are designed to correlate surface results with the subsurface anomalies identified in Phase 1, with the goal of defining high-priority diamond drilling targets. Phase 3 – Diamond Drilling Program Based on results from the first two phases, CANU anticipates a large-scale diamond drilling program totaling approximately 10,000 metres of NQ2 drilling. Historical data suggests that drill targets may exist between 100–550 metres depth. Drilling is expected to begin in September 2026. “Preparing our exploration strategy and exploration permit applications for the Castle South Uranium Project, marks an exciting step forward as we advance one of the more highly anticipated uranium targets in the basin. This milestone reflects our commitment to disciplined exploration and our confidence in the project’s potential to deliver meaningful discovery.” remarked Geoff Balderson, CFO About the Castle South Uranium Project Formerly known as the Cable Lake Property, the Project Castle South Uranium Project covers 20,600 hectares along the southern margin of the Athabasca Basin, a setting that provides distinctive geological characteristics and strong potential for uranium mineralization. The property hosts at least five high-priority target areas, including magnetic highs associated with listric and dyke structures, high-conductive anomalies, and approximately 52 km of electromagnetic conductors. These targets were originally identified in a 2007 airborne geophysical survey. About Canadian Uranium Corp. Canadian Uranium Corp. (CSE: CANU) is an emerging uranium exploration and development company focused on the prolific Athabasca Basin—the world’s premier district for high-grade uranium deposits. The Company’s strategy centers on assembling highly skilled technical teams with expertise in uranium geology, advanced geophysics, and northern exploration logistics. Through disciplined acquisitions, innovative exploration methodologies, and strategic partnerships, CANU aims to accelerate project advancement and unlock value across its exploration portfolio. Contact Information: Canadian Uranium Corp. Geoff Balderson, Chief Financial Officer 604-602-0001 gb@corporateminds.ca Caution Regarding Forward-LookingInformation This press release includes“forward-looking information” that is subject to a number ofassumptions, risks and uncertainties, many of which are beyond thecontrol of the Company. Forward-looking statements may include but arenot limited to, statements relating to the Project and the Company’sability to complete the Transaction on the terms announced or at all.Such statements are subject to all of the risks and uncertaintiesnormally incident to such events. Investors are cautioned that anysuch statements are not guarantees of future events and that actualevents or developments may differ materially from those projected inthe forward-looking statements. Such forward-looking statementsrepresent management's best judgment based on informationcurrently available. The Canadian Securities Exchange hasnot in any way passed upon the merits of the Transaction and hasneither approved nor disapproved the contents of this pressrelease. 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