Mr. Nicholas Luksha reports
AMERICA'S URANIUM CORP. ANNOUNCES STRATEGIC ENGAGEMENT OF AXIOM GROUP AND TECHNICAL ADVISOR TO LEVERAGE NEW GEOPHYSICAL ASSESSMENT RESULTS IN FORD LAKE, SASKATCHEWAN
Americas Uranium Corp. has advanced its exploration strategy for the Ford Lake uranium project located on the southeastern edge of the world-renowned Athabasca basin, Saskatchewan. The company has received a comprehensive geophysical assessment report for the Ford Lake project, defining high-priority structural targets.
To spearhead the coming exploration campaign, Americas Uranium has engaged Axiom Group as its strategic geological partner to execute comprehensive field programs at the Ford Lake project. Complementing this partnership, the company has appointed Troy Marfleet, PGeo, as technical adviser. Mr. Marfleet will oversee technical strategy and project execution, ensuring a data-driven approach to the company's 2026 exploration goals.
Ford Lake project
The Ford Lake property lies within the southeastern edge of the uranium producing Athabasca basin. It is located approximately 15 kilometres northwest of the Key Lake mine site and 580 km north-northeast of Saskatoon, Sask. The Ford Lake property resides near the transition zone between the Wollaston and Mudjatik domains, which are host to several major unconformity and basement-hosted uranium deposits.
Cautionary statement
The company advises that, notwithstanding their proximity and location, discoveries of minerals on or near historic mines such as the Key Lake mine site or the Wollaston and Mudjatik domains, and any promising results thereof, are not necessarily indicative of the mineralization of, or located on, the Ford Lake project, or the company's ability to commercially exploit the Ford Lake project, or to locate any commercially exploitable deposits therefrom. The company cautions investors on relying on this information as the company has not confirmed the accuracy or reliability of the information.
2025 Ford Lake gravity geophysics
The 2025 Ford Lake gravity survey was completed by Tuzo Geosurveys from Oct. 14 to Oct. 28, 2025. The program was specifically designed to identify subsurface density anomalies, which often serve as critical indicators of hydrothermal alteration zones associated with high-grade uranium mineralization. The survey encompassed a 3.44-square-kilometre block, comprising 615 gravity stations across 53 line kilometres. To ensure high-fidelity data acquisition, Tuzo employed an east-west grid configuration with 100-metre line spacing and 50-metre station intervals.
Following the program's conclusion, Tuzo Geosurveys delivered a comprehensive suite of data products including Geosoft digital databases, GeoTIFF grids and UBC-format voxels, all of which have been integrated into the project's technical appendices to guide future drilling phases.
Historic data on the Ford Lake project have not been fully verified by the qualified person; however, any historical information relied upon for future target generation or program planning will undergo thorough validation before use.
2026 Ford Lake assessment report
Axiom Group completed the 2026 gravity survey assessment report on the Ford Lake project. High-priority targets have been identified through the survey results detailing the presence of significant density variations that may be indicative of favourable geological structures.
The Bouguer gravity data identify a northeast-trending gravity high bisecting the central survey area, flanked by notable gravity lows to the east and south. To isolate near-surface geological features, a residual filter was applied, which significantly enhanced the resolution of the southern gravity low situated along the Brown Lake shoreline. This anomaly exhibits a broad northeast trend with distinct elongations extending toward the southeast.
Further refinement using first vertical derivative mapping highlights narrow, linear gravity lows at the northern extent of the property. These features, which also maintain a consistent northeast orientation, represent further areas of interest for the next phase of exploration as the company works to delineate potential hydrothermal alteration zones.
Coming work
Axiom Group is set to initiate a targeting program designed to integrate 2023 TDEM survey data executed by Geotech Ltd. on Ford Lake with the high-resolution 2025 ground gravity results. By combining these data sets, the technical team plans to pinpoint conductive targets situated within gravity anomalies, a combination often indicative of hydrothermal alteration along key structural corridors providing a definitive road map for future drilling campaigns.
The deliverables will include:
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Advanced 3-D modelling: generation of unconstrained inversion density models, layered earth inversion conductivity volumes and Maxwell plate models for discrete conductors;
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Structural analysis: detailed mapping of fault structures, foliation and lineaments alongside a comprehensive structural analysis of the Ford Lake area;
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Integrated interpretation: a complete GIS and 3-D workspace featuring forward-modelled anomalies and high-resolution electromagnetic image products;
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Finalized drill targets: a definitive geophysical report and interpretive maps that highlight prioritized exploration targets based on the convergence of EM and gravity data.
Nick Luksha, chief executive officer of America's Uranium, commented:
"We're pursuing a highly strategic growth strategy. By integrating all of our data sets with advanced 3-D inversions and structural analysis, we're generating high-confidence drill targets with strong potential. The impressive gravity-low anomalies from our Tuzo survey are encouraging, and we're excited to build on this momentum as we accelerate exploration on this project while actively evaluating complementary opportunities."
Qualifying statement
The scientific and technical information in this news release has been reviewed and approved by Troy Marfleet, PGeo, technical adviser for Americas Uranium, a registered member of the professional Engineers and Geoscientists of Saskatchewan. Mr. Marfleet is a qualified person as defined by National Instrument 43-101.
About America's Uranium Corp.
Americas Uranium is a Canadian mineral exploration company focused on the discovery and development of high-potential uranium assets. The company holds a portfolio of 10,872.88 hectares of strategically located properties in Saskatchewan's Athabasca basin -- one of the world's premier uranium districts. America's Uranium is advancing early-stage exploration through modern techniques and a disciplined, data-driven approach. The company is committed to building long-term value through responsible exploration and a focus on high-impact targets in underexplored areas.
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