Triton Uranium Advances Atlas Project Development in Saskatchewan
Triton Uranium has initiated the development of the Atlas Project in Uranium City, Saskatchewan, targeting a low-cost, open-pit uranium supply as the demand for nuclear energy grows in North America. The project aims to fast-track production through a 10,000-meter drilling program set to begin in June 2026, leveraging existing infrastructure to enhance efficiency.
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Triton Uranium has commenced development activities at the Atlas Project in Uranium City, Saskatchewan, aiming to meet the rising demand for uranium driven by a resurgence in U.S. nuclear power. The project encompasses 46,742 acres, with a 10,000-meter drilling program starting in June 2026 across four priority zones.
Triton plans to expedite production timelines by utilizing a near-surface, infrastructure-ready model, differentiating from deeper Athabasca Basin projects. The company has raised nearly $16 million in private funding for exploration, with potential U.S. stock exchange listing through a SPAC merger being considered in 2026.
The Atlas Project is positioned to provide a domestic uranium supply amidst constrained North American production and reliance on foreign sources. Successful development could enhance regional economic growth and contribute to North American energy security.
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