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U92 Energy Provides Corporate Update on Phase One Drilling and Technical Advancement for Its Uranium Project in Guyana
Toronto, Ontario--(Newsfile Corp. - April 27, 2026) - U92 Energy Corp. (TSXV: UTWO) (the "Company" or "U92") is pleased to provide a detailed corporate update o
About this update from U92 Energy Corp.
Toronto, Ontario--(Newsfile Corp. - April 27, 2026) - U92 Energy Corp. (TSXV: UTWO) (the "Company" or "U92") is pleased to provide a detailed corporate update on phase one drilling and technical advancement for its flagship Kurupung project (the "Kurupung Project"), located in Guyana. This update reflects continued progress across multiple workstreams following the Company's previously announced engagement of Orbit Garant (TSX: OGD) for the phase one inaugural 5,000 metre diamond drill program at the Kurupung Project. The Company is excited to build on its historical mineral resource estimate ("historical MRE"), comprising 10.6Mlb Indicated at a grade of 0.072% and 10Mlb Inferred at a grade of 0.067% U₃O₈, while advancing a set of high-priority, previously untested targets across its 92km2 area within the Company's two Exploration Licenses (the "Licences"). Progress Highlights: Orbit Garant confirms the diamond drill rig assigned to U92 is currently in Guyana. It is anticipated the rig will be available for mobilization to site in the near term to commence the Company's phase one drilling on high-priority targets at the Kurupung Project. The Company has submitted the required environmental application for drill pad preparation, and field teams are on site to complete camp infrastructure, including construction of a fuel storage facility in accordance with the applicable requirements. Key machineries have been sourced to support access road upgrades and drill pad construction. Adam Clode, CEO of U92, commented: "We are making strong, coordinated progress across site development and drill mobilization as we advance towards our first holes in the current drilling campaign at Kurupung. We are very excited about our upcoming drill program as we build on the Company's historical MRE, with the objective of incorporating the phase one drilling into a pit-constrained, updated mineral resource estimate in the second half of 2026. Our focus is on ensuring that all elements of the program, from target definition to operational readiness, are in place to support efficient execution once drill mobilization is complete, with the objective of delivering meaningful results and building long-term value for shareholders." In parallel with site development and drilling preparation, U92 continues to advance its technical understanding of the Kurupung project through ongoing d...