North Shore Intersects Significant Uranium Mineralization in All Phase 1 Drill Holes at Rio Puerco

Original announcement by tmx on

Company
North Shore Uranium Ltd.
Ticker
NSU
Exchange
TSX
Region
New Mexico
Primary commodity
Uranium
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-16 14:32:58 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

North Shore Uranium Ltd. reported significant uranium mineralization in all 13 Phase 1 drill holes at its Rio Puerco project in New Mexico. The drilling confirmed historical mineralization zones and identified characteristics favorable for in-situ-recovery (ISR) mining. The company plans a Phase 2 program in Q4 2026 to further validate data and work towards a NI 43-101 compliant resource, building on a historical estimate of 6.0 million tonnes at 0.09% eU3O8.

Reasoning: North Shore Uranium's Phase 1 drill program at Rio Puerco successfully intersected significant uranium mineralization in all 13 holes, validating historical data and showing characteristics favorable for ISR mining. The company plans a Phase 2 program to advance towards a NI 43-101 compliant resource, despite the current reliance on estimated grades and a historical resource.

Positive factors

  • Significant uranium mineralization intersected in all 13 drill holes
  • Confirmed historical mineralization zones
  • Favorable characteristics for in-situ-recovery (ISR) mining (below water table, grade x thickness)
  • Company plans Phase 2 drilling program in Q4 2026

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified
  • Historical resource estimate is not current or NI 43-101 compliant

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 22

Extracted facts

Stored fact records: 22. Some facts used in scoring do not have a stored record.

Drill Results (21)

RP-26-18-25Rio Puerco North · uraniumGrade: 0.132Grade Unit: %Intercept: 3.96 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-25
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.132
Grade Unit
%
Intercept
3.96 m
True Width
3.96 m
From
178.31 m
To
182.27 m
Hole Depth
215.95 m
Intercept Depth
178.31 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-25:178.31-182.27
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms significant uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Significant uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining
  • Confirmed historical mineralization zones

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.132”

Context: 13.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-25Rio Puerco North · uraniumGrade: 0.091Grade Unit: %Intercept: 2.29 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-25
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.091
Grade Unit
%
Intercept
2.29 m
True Width
2.29 m
From
183.8 m
To
186.02 m
Hole Depth
215.95 m
Intercept Depth
178.31 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-25:183.8-186.02
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.091”

Context: 7.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-32Rio Puerco North · uraniumGrade: 0.06Grade Unit: %Intercept: 3.51 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-32
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.06
Grade Unit
%
Intercept
3.51 m
True Width
3.51 m
From
168.25 m
To
171.75 m
Hole Depth
209.95 m
Intercept Depth
168.25 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-32:168.25-171.75
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.060”

Context: 11.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.51

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-32Rio Puerco North · uraniumGrade: 0.053Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-32
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.053
Grade Unit
%
Intercept
3.2 m
True Width
3.2 m
From
175.56 m
To
178.76 m
Hole Depth
209.95 m
Intercept Depth
168.25 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-32:175.56-178.76
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.053”

Context: 10.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-39Rio Puerco North · uraniumGrade: 0.295Grade Unit: %Intercept: 8.23 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-39
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.295
Grade Unit
%
Intercept
8.23 m
True Width
8.23 m
From
200.47 m
To
208.76 m
Hole Depth
229.46 m
Intercept Depth
200.47 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-39:200.47-208.76
Mining Method
underground

Location

Location
JmwB
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This high-grade and significant intercept confirms strong uranium mineralization, contributing significantly to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • High-grade uranium mineralization intersected
  • Significant intercept length
  • Favorable for in-situ-recovery (ISR) mining
  • Confirmed historical mineralization zones

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.295”

Context: 27.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.23

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-96Rio Puerco North · uraniumGrade: 0.097Grade Unit: %Intercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-96
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.097
Grade Unit
%
Intercept
3.35 m
True Width
3.35 m
From
200.56 m
To
203.91 m
Hole Depth
233.93 m
Intercept Depth
200.56 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-96:200.56-203.91
Mining Method
underground

Location

Location
JmwB
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.097”

Context: 11.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-233Rio Puerco North · uraniumGrade: 0.17Grade Unit: %Intercept: 2.13 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-233
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.17
Grade Unit
%
Intercept
2.13 m
True Width
2.13 m
From
208.88 m
To
211.01 m
Hole Depth
221.96 m
Intercept Depth
208.88 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-233:208.88-211.01
Mining Method
underground

Location

Location
JmwB
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms significant uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Significant uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining
  • Confirmed historical mineralization zones

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.170”

Context: 7.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-408Rio Puerco North · uraniumGrade: 0.082Grade Unit: %Intercept: 2.74 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-408
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.082
Grade Unit
%
Intercept
2.74 m
True Width
2.74 m
From
157.43 m
To
160.17 m
Hole Depth
197.94 m
Intercept Depth
157.43 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-408:157.43-160.17
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.082”

Context: 9.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.74

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-467Rio Puerco North · uraniumGrade: 0.109Grade Unit: %Intercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-467
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.109
Grade Unit
%
Intercept
1.52 m
True Width
1.52 m
From
149.87 m
To
151.4 m
Hole Depth
200.95 m
Intercept Depth
149.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-467:149.87-151.4
Mining Method
underground

Location

Location
JmwB
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.109”

Context: 5.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.52

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-467Rio Puerco North · uraniumGrade: 0.046Grade Unit: %Intercept: 1.98 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-467
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.046
Grade Unit
%
Intercept
1.98 m
True Width
1.98 m
From
165.11 m
To
167.03 m
Hole Depth
200.95 m
Intercept Depth
149.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-467:165.11-167.03
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.046”

Context: 6.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-467Rio Puerco North · uraniumGrade: 0.046Grade Unit: %Intercept: 7.16 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-467
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.046
Grade Unit
%
Intercept
7.16 m
True Width
7.16 m
From
175.78 m
To
182.94 m
Hole Depth
200.95 m
Intercept Depth
149.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-467:175.78-182.94
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.046”

Context: 23.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.16

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-510Rio Puerco North · uraniumGrade: 0.112Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-510
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.112
Grade Unit
%
Intercept
3.2 m
True Width
3.2 m
From
157.49 m
To
160.69 m
Hole Depth
221.96 m
Intercept Depth
157.49 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-510:157.49-160.69
Mining Method
underground

Location

Location
JmwB
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms significant uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Significant uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining
  • Confirmed historical mineralization zones

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.112”

Context: 10.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-510Rio Puerco North · uraniumGrade: 0.086Grade Unit: %Intercept: 1.98 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-510
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.086
Grade Unit
%
Intercept
1.98 m
True Width
1.98 m
From
173.34 m
To
175.32 m
Hole Depth
221.96 m
Intercept Depth
157.49 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-510:173.34-175.32
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.086”

Context: 6.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-512Rio Puerco North · uraniumGrade: 0.09Grade Unit: %Intercept: 3.96 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-512
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.09
Grade Unit
%
Intercept
3.96 m
True Width
3.96 m
From
173.43 m
To
177.39 m
Hole Depth
227.93 m
Intercept Depth
173.43 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-512:173.43-177.39
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.090”

Context: 13.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-512Rio Puerco North · uraniumGrade: 0.027Grade Unit: %Intercept: 8.38 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-512
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.027
Grade Unit
%
Intercept
8.38 m
True Width
8.38 m
From
178.31 m
To
186.69 m
Hole Depth
227.93 m
Intercept Depth
173.43 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-512:178.31-186.69
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.027”

Context: 27.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-613Rio Puerco North · uraniumGrade: 0.109Grade Unit: %Intercept: 1.37 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-613
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.109
Grade Unit
%
Intercept
1.37 m
True Width
1.37 m
From
187.67 m
To
189.04 m
Hole Depth
203.94 m
Intercept Depth
187.67 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-613:187.67-189.04
Mining Method
underground

Location

Location
JmwD
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.109”

Context: 4.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.37

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-613Rio Puerco North · uraniumGrade: 0.057Grade Unit: %Intercept: 2.44 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-613
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.057
Grade Unit
%
Intercept
2.44 m
True Width
2.44 m
From
190.1 m
To
192.54 m
Hole Depth
203.94 m
Intercept Depth
187.67 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-613:190.1-192.54
Mining Method
underground

Location

Location
JmwD
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.057”

Context: 8.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.44

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-640Rio Puerco North · uraniumGrade: 0.057Grade Unit: %Intercept: 4.27 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-640
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.057
Grade Unit
%
Intercept
4.27 m
True Width
4.27 m
From
166.09 m
To
170.35 m
Hole Depth
200.95 m
Intercept Depth
166.09 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-640:166.09-170.35
Mining Method
underground

Location

Location
JmwD
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.057”

Context: 14.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-640Rio Puerco North · uraniumGrade: 0.331Grade Unit: %Intercept: 3.81 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-640
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.331
Grade Unit
%
Intercept
3.81 m
True Width
3.81 m
From
181.63 m
To
185.44 m
Hole Depth
200.95 m
Intercept Depth
166.09 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-640:181.63-185.44
Mining Method
underground

Location

Location
JmwD
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This high-grade and significant intercept confirms strong uranium mineralization, contributing significantly to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • High-grade uranium mineralization intersected
  • Significant intercept length
  • Favorable for in-situ-recovery (ISR) mining
  • Confirmed historical mineralization zones

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.331”

Context: 12.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.81

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-691Rio Puerco North · uraniumGrade: 0.072Grade Unit: %Intercept: 4.88 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-691
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.072
Grade Unit
%
Intercept
4.88 m
True Width
4.88 m
From
221.83 m
To
226.77 m
Hole Depth
247.44 m
Intercept Depth
221.83 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-691:221.83-226.77
Mining Method
underground

Location

Location
JmwC
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.072”

Context: 16.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

RP-26-18-804Rio Puerco North · uraniumGrade: 0.042Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
RP-26-18-804
Project
Rio Puerco North
Commodity
uranium
Region
mexico
Reported Region
mexico
Ticker
NSU

Geometry

Grade
0.042
Grade Unit
%
Intercept
3.2 m
True Width
3.2 m
From
187.21 m
To
190.41 m
Hole Depth
215.95 m
Intercept Depth
187.21 m

Classification

Program
mixed
Sample Type
drill
Group ID
RP-26-18-804:187.21-190.41
Mining Method
underground

Location

Location
JmwD
Loc. Source
document

QA/QC

Laboratory
Century Geophysical Corporation
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.02
Cutoff Unit
%eU 3 O 8

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This intercept confirms uranium mineralization, contributing to the validation of historical data and the potential for ISR mining, though grades are estimated.

Positive factors

  • Uranium mineralization intersected
  • Favorable for in-situ-recovery (ISR) mining

Negative factors

  • Grades are estimated eU3O8 from gamma logging, not chemically verified

Evidence · table

“0.042”

Context: 10.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Resource Estimates (1)

inferredRio Puerco · uraniumTonnes: 6000000Grade: 0.09Grade Unit: %eU 3 O 8Contained Metal: 11.4Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rio Puerco
Commodity
uranium
Region
mexico
Reported Region
New Mexico
Ticker
NSU

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
No
Resource group id
resource:6e6eb02a1d52e89b1e0e
Deposit or zone
Rio Puerco

Resource Data

Category
inferred
Tonnes
6000000
Grade
0.09
Grade Unit
%eU 3 O 8
Contained Metal
11.4
Contained Unit
mlb
Cutoff Grade
0.03
Cutoff Unit
%eU 3 O 8

Prior Estimate

Resource Date
2009

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2009-01-01T00:00:00.000Z

Dates

Event date
2026-09-03T00:00:00.000Z

Reasoning: This is a historical resource estimate from 2009, explicitly stated as not current and not compliant with NI 43-101, limiting its reliability and materiality for current evaluation.

Positive factors

  • Provides historical context for the project's potential

Negative factors

  • Not current and explicitly stated as not to be relied upon
  • Does not comply with Canadian NI 43-101 guidelines
  • Not verified by a Qualified Person for the current company

Evidence · text

“A historical resource estimate of 6.0 million tonnes at an average grade of 0.09% eU 3 O 8 for 11.4 million pounds of U 3 O 8 was reported for Rio Puerco in 2009 by Monaro Mining NL (the " Historical Resource "). The Historical Resource was based on drill data gathered by Kerr McGee in the 1960s and 1970s”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 17.7 years before this release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.