Canadian Uranium Corp.

About

Canadian Uranium Corp. is an emerging uranium exploration and development company focused on the Athabasca Basin in Canada, the world’s premier district for high-grade uranium deposits. The Company’s flagship property, Rook 2, is a strategically located land package in northwestern Saskatchewan being advanced through the Company’s exploration program. Backed by a team with deep industry relationships combining geological & capital markets skill sets, Canadian Uranium Corp. is building toward a diversified, international portfolio of premium uranium assets, positioning the Company to become a global name in the growing movement toward clean, reliable nuclear energy. The company is advancing a phased exploration program, including airborne and ground geophysics, aimed at defining drill targets ahead of planned diamond drilling. Beyond Rook 2, CANU holds additional uranium projects within the Athabasca Basin and is actively evaluating opportunities across premier uranium jurisdictions internationally, including the USA, Saudi Arabia, and Scandinavia.

Verified company data

Shares outstanding

29607115

Fully diluted shares

31253690

Projects

["### King South\n\nThe King South Uranium Project is a large-scale uranium exploration property located in the south eastern Athabasca region of Saskatchewan, Canada. The project covers approximately 10,583 hectares and is positioned within the prolific Wollaston-Mudjatik Transition Zone (WMTZ).\n\nThe WMTZ hosts several significant uranium operations and deposits, including Cigar Lake, McArthur River, Key Lake, Collins Bay and Eagle Point, providing important regional geological context for King South.\n\nThe property is accessible via the Key Lake Road, supporting access for future uranium exploration activities.\n\n## Project Highlights\n\n- Approximately 10,583 hectares\n- Located within the Wollaston-Mudjatik Transition Zone\n- 10 historical uranium showings\n- Historical occurrences of locally high-grade uranium mineralisation\n- Favourable basement host rocks\n- Multiple electromagnetic, or EM, conductors\n- Numerous shallow exploration targets, including surface occurrences\n- Accessible via the Key Lake Road\n\n## Geological Setting\n\nKing South is located within a highly prospective geological setting characterised by favourable basement host rocks and multiple conductive trends.\n\nThe property contains pelitic gneiss, pegmatite and graphitic calc-silicate rocks associated with historical uranium occurrences. Multiple EM conductors across the project provide additional targets for evaluating the potential for structurally controlled and basement-hosted uranium mineralisation.\n\nIts position within the WMTZ places King South in a region recognised for significant uranium mineralisation and established uranium mining activity.\n\n## Historical Exploration\n\nHistorical exploration at King South has identified multiple uranium occurrences across the property. Several Saskatchewan Mineral Deposit Index, or SMDI, records document radioactive occurrences that remain unexplained by exploration to date. Shallow drilling conducted by Forum in 2007 tested existing conductors and encountered anomalous uranium values in almost every hole drilled.\n\nHistorical results referenced in Canadian Uranium’s presentation include grab samples from Showing 2467 that returned 1.38% U₃O₈ and 56.04% U₃O₈.\n\nAt Showing 5256, historical grab sampling returned values of up to 1,300 ppm uranium, while exploration at Showing 5246 included outcrop grab samples ranging from 0.063% to 0.68% U₃O₈, followed by drilling that encountered additional anomalous uranium values.\n\nIn 2022, KBM Resources Group completed an airborne magnetic survey that confirmed historical magnetic features and established a modern geophysical dataset for integration with historical and future exploration data.\n\n## Exploration Opportunity\n\nKing South provides Canadian Uranium with a substantial land position in a highly prospective uranium exploration region.\n\nThe combination of historical uranium showings, shallow mineralisation, favourable basement geology, anomalous uranium identified through previous drilling and multiple geophysical conductors creates several opportunities for continued target development.\n\nFuture exploration can integrate historical geological information with modern geophysical datasets to refine priority targets and evaluate the potential for additional basement-hosted uranium mineralisation.","### Castle South\n\nThe Castle South Uranium Project is a large-scale uranium exploration property located along the southern margin of the Athabasca Basin in Saskatchewan, Canada.\n\nThe project covers approximately 28,688.43 hectares and occupies a geological setting characterised by major structural features, extensive electromagnetic conductors and multiple high-priority geophysical targets.\n\nCanadian Uranium Corp. has the right to earn an 80% interest in Castle South. The Company also considers the project a potential joint venture candidate and a geological analogue to the Rook One area.\n\n## Project Highlight\n\n- Approximately 28,688.43 hectares\n- Located along the southern margin of the Athabasca Basin\n- Canadian Uranium can earn an 80% interest\n- Potential joint venture candidate\n- Considered by the Company as a geological analogue to the Rook One area\n- At least five high-priority exploration target areas\n- Approximately 52 kilometres of electromagnetic conductors\n- High-conductivity geophysical anomalies\n- Magnetic highs associated with listric and dyke structures\n- Significant large-scale fault systems\n- Historical airborne geophysical survey completed in 2007\n\n## Geological Setting\n\nCastle South occupies a strategic position along the southern margin of the Athabasca Basin, where the property straddles the basin lip and hosts several significant large-scale fault structures.\n\nThe project area contains structural corridors, conductive trends, magnetic anomalies and fault systems that form important components of uranium exploration models in the Athabasca Basin.\n\nThe presence of extensive electromagnetic conductors and magnetic highs associated with listric and dyke structures provides multiple geological environments for evaluating structurally controlled uranium mineralisation.\n\n## Historical Exploration\n\nHistorical geophysical exploration has identified multiple prospective areas across the Castle South Uranium Project. An airborne geophysical survey completed in 2007 identified at least five high-priority target areas, including magnetic highs, highly conductive anomalies and extensive electromagnetic conductor trends.\n\nApproximately 52 kilometres of EM conductors have been identified across the property, providing a substantial historical dataset for further interpretation and target refinement.\n\nThese historical exploration results provide a foundation for integrating modern geophysical methods and updated geological models across the project.\n\n## Exploration Opportunity\n\nCastle South provides Canadian Uranium with a substantial uranium exploration position along the margin of the Athabasca Basin. The combination of major structural features, extensive EM conductors, magnetic anomalies and multiple high-priority geophysical targets creates a strong foundation for systematic exploration.\n\nFuture work can focus on re-evaluating historical geophysical data using modern geological interpretation to refine priority areas for additional fieldwork, geophysical surveying and potential drilling.\n\nCanadian Uranium’s objective is to advance the geological understanding of Castle South and evaluate its potential to host structurally controlled and basement-associated uranium mineralisation.","### Rook 2\n\nThe Rook 2 Uranium Project is a large-scale uranium exploration property located in northwestern Saskatchewan, Canada, within the broader Athabasca region. The project covers approximately 16,247 hectares and brings together multiple historically identified uranium target areas within a single land position.\n\nHistorical exploration has documented uranium mineralisation at shallow depths, including occurrences exposed at or near surface. The project also benefits from significant historical exploration data and established access, providing a strong foundation for advancing modern exploration and evaluating the potential for additional basement-hosted uranium mineralisation.\n\n## Potential to discover hydrothermal feeder uranium system which is likely responsible for large enrichment at surface.\n\n## Project Highlights\n\n- Approximately 16,247 hectares\n- Located in northwestern Saskatchewan\n- 28 historical uranium showings\n- Numerous historical occurrences of high-grade uranium\n- Uranium mineralisation documented at shallow depths and, in some areas, at surface\n- Multiple target areas assembled within a single land position\n- Strong electromagnetic conductors and structural corridors\n- Multiple priority exploration targets across the property\n- Modern MT airborne surveying completed over the Fisher Hayes and Higginson blocks\n- Exploration strategy focused on identifying deeper basement-hosted feeder systems\n- Planned exploration includes additional geophysics and diamond drilling\n\n## Geological Setting\n\nRook 2 is being evaluated as a prospective basement-hosted uranium project associated with the Athabasca region.\n\nThe property contains a complex geological setting that includes favourable basement lithologies, major fault and shear structures, electromagnetic conductors and structural corridors. Historical uranium occurrences are distributed across several blocks, including Spreckley Lake, Charlebois Lake, Higginson Lake and Fisher Hayes.\n\nThe Company’s geological model considers the possibility that shallow uranium mineralisation identified historically may represent surface expressions of deeper hydrothermal feeder systems. Exploration is therefore focused on identifying structural intersections and conductive basement features that may have acted as pathways for uranium-bearing fluids.\n\n## Historical Exploration\n\nRook 2 has a substantial history of uranium exploration, with 28 documented historical showings across the project area. Historical sampling and diamond drilling programmes have identified uranium mineralisation at shallow depths, with multiple high-grade occurrences documented across the property. The Company’s presentation also notes that significant uranium mineralisation at surface has been identified through historical exploration.\n\nPrevious work was largely focused on shallow mineralisation. Canadian Uranium’s current geological interpretation considers the potential for these occurrences to be associated with a larger, deeper basement-hosted uranium system. The historical dataset, combined with modern geophysical information, provides an important foundation for refining target areas and advancing exploration across the project.\n\n## Exploration Opportunity\n\nCanadian Uranium’s exploration strategy at Rook 2 is focused on combining historical exploration data with modern geophysical techniques to identify and prioritise potential basement-hosted uranium targets.\n\nAn MT airborne survey was completed over the Fisher Hayes and Higginson blocks in May 2026, with additional airborne surveying planned across other project areas. Historical data compilation is also underway, integrating previous exploration results with modern MT survey information.\n\nThe next stages of exploration are expected to include ground geophysics, including induced polarisation and ground magnetics, to further refine diamond drilling targets.\n\nThe Company’s planned diamond drilling programme is intended to evaluate priority targets, investigate potential feeder systems at depth and support further assessment of historically identified uranium mineralisation.\n\nBy integrating historical uranium occurrences, structural geology and modern geophysics, Canadian Uranium aims to advance Rook 2 as a significant uranium exploration opportunity within its Saskatchewan portfolio."]

Leadership

Edward Marlow (Director), Geoff Balderson (Director), Michael Williams (Director), Arni Johannson (Advisor & Investor), John Povhe (Advisor), John Seaman (Advisor), Mohammed Alkhalifah (Advisor)

Verified data last updated: 2026-11-09

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