WINNIPEG, Manitoba, July 14, 2026 (GLOBE NEWSWIRE) -- Frontier Nuclear and Minerals Inc. (Nasdaq:FNUC) ("Frontier"), a nuclear fuel cycle company, announces the launch of its 2026 drill program at its 100% owned Pine Ridge uranium project ("Pine Ridge") in Wyoming's Powder River Basin.
A 36,000 m Drill Program designed to generate
a maiden mineral resource estimate
Highlights
2026 drill program (the "Drill Program") at Pine Ridge is underway
Drill program will consist of approximately 120 holes totaling approximately 36,000 m
Drill Program will build on the successful 2025 drill program which:
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confirmed widespread uranium mineralization;
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demonstrated continuity of mineralization across multiple areas; and
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identified at least 25 mineralized roll fronts contained within multiple major sandstone packages.
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Objective of the Drill Program is to define roll front deposits and target preparation of a maiden mineral resource estimate (the "MRE") by early 2027
Pine Ridge is a large-scale uranium exploration project located in Wyoming's prolific Powder River Basin covering approximately 39,390 acres
CEO Commentary
"After a successful initial drill campaign during 2025, we have initiated an extensive 2026 drill program at Pine Ridge," said Frank Wheatley, CEO of Frontier. "The clear objective of this program is to complete sufficient drilling to prepare a maiden mineral resource estimate by early 2027."
"As the U.S. Government continues to prioritize development of a domestic nuclear fuel cycle, the U.S. needs to develop additional uranium mines in order to achieve its target of energy security through nuclear power. We believe Pine Ridge holds the potential to positively contribute to that goal," continued Mr. Wheatley.
2026 Pine Ridge Drill Program
The Drill Program will include nearly 120 drill holes totaling approximately 36,000 meters. Drilling is expected to be completed using one drill rig operating from July through December 2026, with the program potentially extending into January 2027.
The Drill Program will build on the successful 2025 drill program which confirmed widespread uranium mineralization, demonstrated continuity of mineralization across multiple areas, and identified at least 25 mineralized roll fronts contained within multiple major sandstone packages.
Figure 1: Pine Ridge Uranium Project
Frontier's geology team has integrated the results of the 2025 drill program with Pine Ridge's extensive historical drilling and geophysical database to refine the geological model and prioritize targets for the Drill Program. The Drill Program is designed to expand and further define priority mineralized trends, test additional prospective sandstone horizons, and advance Pine Ridge toward the definition of a maiden mineral resource estimate.