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North Shore Uranium Ltd. Appoints Andrew Stewart as Director and Provides Exploration Update
VANCOUVER, BC / ACCESS Newswire / May 6, 2025 / North Shore Uranium Ltd. (TSXV:NSU) (" North...
About this update from North Shore Uranium Ltd
[{"type":"text","content":"North Shore Uranium Ltd. Appoints Andrew Stewart as Director and Provides Exploration UpdateVANCOUVER, BC / ACCESS Newswire / May 6, 2025 / North Shore Uranium Ltd. (TSXV:NSU) (\"North Shore\" or the \"Company\") is pleased to announce the appointment of Andrew Stewart to the Company's Board of Directors effective May 6, 2025, and to provide an update on activities at its Falcon property (\"Falcon\" or the \"Property\") in the Athabasca Basin region of Saskatchewan.ANDREW STEWART APPOINTMENT AS DIRECTORAndrew Stewart is a corporate finance and securities lawyer and a Partner in the Capital Markets and Securities Group at Cozen O'Connor, an AmLaw 100 international law firm. He has over 25 years of capital markets experience that includes mergers and acquisitions, public and private equity and debt financings, regulatory compliance, cross-border transactions and public offerings in Canada and the United States. Mr. Stewart also has served as SEC counsel to several US investment banks. He has been a co-founder and counsel for several private and public companies and is one of the founders of North Shore.FALCON EXPLORATION UPDATEIn its September 17, 2024, October 10, 2024, November 13, 2024 and February 27, 2025 news releases, the Company summarized work being done at the West Bear and Falcon properties with emphasis on Falcon. Three priority areas have been established at Falcon, Zones 1, 2 and 3 (Figure 1).To date, North Shore has identified 36 uranium targets at Falcon. The targets are associated with electromagnetic (\"EM\") conductor anomalies and have been selected based on the analysis and interpretation of multiple geophysical and geologic datasets by North Shore and its consultants. As reported on May 16, 2024, the Company discovered near-surface uranium mineralization at drill sites P03 and P08 in an area that had never seen drilling (Figure 1). These new uranium occurrences could be part of a new trend of uranium mineralization in an area that is underexplored. North Shore's near-term focus is to assess the potential for an economic uranium deposit within this trend by evaluating priority EM targets in the South Priority Area at the eastern end of Zone 1 and the South Walker Area at the southern end of Zone 2 (Figure 1). The Company will continue prioritizing and analyzing targets in preparation for future prospecting and...