North Shore Uranium Signs Exploration Agreement with the English River First Nation

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[{"type":"text","content":"North Shore Uranium Signs Exploration Agreement with the English River First NationVANCOUVER, BC / ACCESS Newswire / March 20, 2025 / North Shore Uranium Ltd. (TSXV:NSU) (\"North Shore\" or the \"Company\") is pleased to announce that it has executed an exploration agreement with the English River First Nation (\"ERFN\") in Saskatchewan (\"the Agreement\"). The Agreement outlines a number of areas of collaboration between the ERFN and the Company at its Falcon property (\"Falcon\" or the \"Property\") at the eastern margin of the Athabasca Basin in northern Saskatchewan.The ERFN is a First Nation with its main reserve Wapachewunak Saskatchewan, located approximately 200 km southwest of Falcon. ERFN's ancestral territory covers approximately 75,000 km2 of north-central Saskatchewan. Traditionally, people of the ERFN are known as the \"People of the Great River\", referencing the Churchill River. The ERFN prides itself on being guided by ancestral traditions and the knowledge of their Elders while being a partner with industry and governments. More information on the ERFN can be found on the ERFN's website.About FalconTo date, North Shore has identified 36 uranium targets at Falcon. These targets are associated with electromagnetic (\"EM\") conductor anomalies which are often upgraded by other favourable geophysical and structural features. They were selected based on the analysis and interpretation of multiple datasets by North Shore and its consultants. As reported on May 16, 2024, the Company discovered near-surface uranium mineralization at two drill targets, P03 and P08 in an area that had never seen drilling (Figure 1). In a February 27, 2025, news release, North Shore stated that its near-term priority is to assess the potential for an economic uranium deposit in the southeastern portion of the property by evaluating priority near-surface EM targets in the South Priority and South Walker Areas (Figure 1).Falcon is located approximately 30 km east of the active Key Lake uranium mill and former mine at the eastern margin of the Athabasca Basin in Saskatchewan. The mill processes uranium ore from the McArthur River Mine, one of two producing uranium mines in Canada. Between 1983 and 2002, Key Lake Mine produced a total of 209.9 million lbs. of U3O8 at an average grade of over 2.0%1. The uranium discovery potential at Falcon is...

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