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American Uranium expands Wyoming uranium project with 1,040 new mineral acres secured

Company Fundamentals
17 Apr 2026
PRNewsWire
View Source
Bullish
pluang ai news

American Uranium Ltd. has secured about 1,040 acres of new uranium mineral rights at its Lo Herma ISR Uranium Project in Wyoming's Powder River Basin. This expansion includes 29 new mining claims and extends the company's control around existing mine units, potentially boosting future resource estimates. The company plans to start drilling in May, supported by recent funding from institutional investors and a shareholder entitlement offer. Lo Herma is a key asset in a leading U.S. uranium mining region, with additional promising projects in Wyoming and Utah.

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