Green Canada Uranium Commences Drilling on Marshall Project, Athabasca Basin
Green Canada Uranium Commences Drilling
on Marshall Project, Athabasca Basin
Toronto, Ontario--(Newsfile Corp. - September 16, 2026) -
Green Canada Uranium Corp. (TSXV:
GCUC) (the "Company")
is pleased to announce that it has commenced drilling on its 100% owned
Marshall property, located in the eastern Athabasca Basin, Saskatchewan. The Marshall project is
located 30 kilometres on trend to the southwest of Canalaska's West McArthur Pike Zone discovery.
Marshall is in the vicinity of several large uranium deposits and processing facilities including Cameco's
McArthur River mine, Key Lake Mill and Millennium deposit and Denison's Phoenix ISR and Gryphon
underground development project.
Two drill holes are planned to test electromagnetic targets at the sandstone/basement unconformity,
interpreted at 725 metres. MRL-001 is targeting two strong electromagnetic (EM) picks that align to the
southeast of a circular conductivity anomaly. The second priority target is located northwest of the same
circular conductivity anomaly.
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About Green Canada Uranium Corp.
Green Canada Uranium Corp. is a mineral resource company engaged in the acquisition, exploration
and development of uranium properties in Canada. The Company holds a portfolio of uranium properties
in the Athabasca Basin in Saskatchewan and the Otish Basin in Quebec, including the flagship 100%
owned Marshall Project in the eastern Athabasca Basin, Saskatchewan.
On Behalf of the Board of Directors
Greg Ferron,
CEO & Director
For more information, please contact:
Richard J. Mazur, Executive Chairman
Email:
|
Tel: (778) 772-3100
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
press release.
Disclosure Regarding Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases, or state that certain actions, events or results "may", "could",
"would", "might" or "will" occur or be achieved. This forward-looking information includes, without
limitation, statements regarding the Company's planned exploration activities at the Marshall project, and
the anticipated or potential results thereof.
Such forward-looking information is necessarily based on a number of assumptions that, while
considered reasonable by management as at the date of this news release, are inherently subject to
business, market and other risks, uncertainties and contingencies that may cause actual results,
performance or achievements to be materially different from those expressed or implied by such
forward-looking information. Such assumptions include, but are not limited to, that planned exploration
activities are completed as anticipated and within the expected timeframe; that the Company's
interpretation of its geophysical data is accurate; and general business, economic, competitive, political
and social conditions. Material risk factors include that drilling may be delayed or altered, that drill results
may not be consistent with the Company's expectations or the presence of geophysical targets, and that
any mineralization encountered may not be economic. Readers should not place undue reliance on
forward-looking information.
The forward-looking information contained in this news release is made as of the date of this news
release. The Company does not undertake to update this forward-looking information except as required
under section 5.8 of National Instrument 51-102 -
Continuous Disclosure Obligations
, or as otherwise
required by applicable securities legislation.
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