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Inside America's Largest Conventional Measured and Indicated Uranium Deposit: Eagle Nuclear Energy Advances Aurora Toward Pre-Feasibility
Inside America's Largest Conventional Measured and Indicated Uranium Deposit: Eagle Nuclear Energ...
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[{"type":"text","content":"\n\n\nInside America's Largest Conventional Measured and Indicated Uranium Deposit: Eagle Nuclear Energy Advances Aurora Toward Pre-Feasibility\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of Eagle Nuclear Energy Corp.Environmental baseline studies commence at flagship Aurora Uranium Project ahead of 27,000-foot, 47-hole drill program scheduled to commence in July 2026; PFS targeted second half of 2027NEW YORK, May 14, 2026 /CNW/ -- Equity Insider News Commentary — The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers.[1] That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation. Spot uranium pricing reached approximately $86.55 per pound as of May 1, 2026, up 24% over the trailing twelve months, providing the price backdrop against which the small group of U.S.-asset uranium developers has been advancing through the spring of 2026.[2]\n\n\n\n\n\n\n\nEagle Nuclear Energy Corp. (NASDAQ: NUCL) — a next-generation nuclear energy company that owns the rights to the largest conventional, measured and indicated uranium deposit in the United States— on May 5, 2026 announced the commencement of environmental baseline studies in advance of the Company's previously announced 27,000-foot, 47-hole Pre-Feasibility Study (\"PFS\")-related drill program at its flagship Aurora Uranium Project, located along the Oregon–Nevada border.[3] The studies are being conducted by numerous engaged consultants ahead of the drill program, which is scheduled to commence in early July 2026 using two to three rigs over an estimated three- to four-month period.[3]Aurora: A Defined Conventional Uranium ResourceThe Aurora Uranium Project hosts 32.75 million poun...