UNXE238 Corp is pleased to announce a positive NI 43-101 Technical Report Highlighting 5.4 Million Pounds of U₃O₈ Exploration Target at Duck Creek Project.
El Paso, Texas – July 23, 2025
UNXE238 Corp. is pleased to announce the results of its recent NI 43-101 Technical Report for the Duck Creek Uranium Project in Converse County, Wyoming.
The report, prepared by WWC Engineering under the supervision of Qualified Person Christopher McDowell, MBA, P.G., outlines an exploration target ranging from 1.4 to 5.4 million pounds of U₃O₈, confirming Duck Creek’s status as a highly prospective uranium project in one of the most prolific uranium-producing jurisdictions in the United States – the Powder River Basin (PRB).
Key Highlights
- Exploration target of up to 5.4 million pounds U₃O₈
- Mineralized trends outlined across Sections 15, 16, and 21 of Township 37N 73W
- Significant potential in undrilled Sections 3 and 28
- Located within the Monument Hill Uranium District
- Excellent infrastructure including highways, power, and nearby skilled workforce
- Surrounded by established uranium projects including:
- Cameco Smith Ranch-Highland Mine
- Uranium Energy Corp’s Ludeman, Barge & Allemand Ross Projects
- GTI Energy’s Lo Herma Project
Executive Summary and Report Findings
The Duck Creek Project benefits from more than 3,500 historical drill holes completed primarily by Kerr-McGee and other operators during the 1970s and 1980s.
Mineralization occurs within the Eocene Wasatch Formation, which is favorable for In-Situ Recovery (ISR) uranium mining.
WWC Engineering concluded that the historical drilling data and favorable geology justify advancing exploration, including confirmation drilling and testing of the deeper Fort Union Formation.
Conclusions & Recommendations
The NI 43-101 report concludes that Duck Creek offers:
- Low regulatory risk in Wyoming.
- Close proximity to producing uranium operations.
- Extensive historical drilling data suitable for resource delineation.
WWC Engineering recommends:
- Confirmation drilling
- Expansion drilling
- Resource estimation program
Estimated budget:
US$1.02 – 1.24 million to be completed in phases
Table. 1 Duck Creek Uranium Project Exploration Target
Management Comment
“We are excited by the findings of this report, which underscores Duck Creek’s potential as a multi-million-pound uranium asset in the heart of Wyoming’s world-class uranium belt.”
— Munazzam Ali Mahar, Chairman
He added that with up to 5.4 million pounds of U₃O₈ identified as an exploration target and a clear roadmap for future work, Duck Creek has the potential to become a cornerstone asset in America’s nuclear fuel supply chain.
About Duck Creek Uranium Project
- 4,133 acres of mineral rights
- Located in Converse County, Wyoming
- Approximately 40 miles northeast of Casper
- Situated within the Powder River Basin, a historic uranium-producing region with nearby ISR operations and past open-pit mines.
About UNXE238 Corp.
UNXE238 Corp. is an emerging uranium exploration company focused on high-value assets in North America. The company is committed to sustainability and responsible resource development to support domestic uranium production and the clean energy transition.
Contact
Email: info@unxe238corp.com
Cautionary Note
The disclosed mineral resource estimate is preliminary and based on historical drill-hole data. It is not NI 43-101 compliant, is not classified as a current mineral resource or reserve, and should not be treated as a Measured or Indicated resource under CIM standards.