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Aurwest Resources secures option to acquire 100% of Porter Lake uranium property in Saskatchewan.

Company Fundamentals
23 Jun 2026
TheNewswire
View Source
Bullish
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Aurwest Resources has finalized an option agreement with Critical Path Minerals to acquire a 100% interest in the Porter Lake uranium property in Saskatchewan's Athabasca Basin. The deal requires Aurwest to spend at least $1.515 million on exploration over two years and issue securities to Critical Path Minerals. The optionee retains a 2% net smelter return royalty, half of which Aurwest can buy back for $1 million before production. This acquisition positions Aurwest to expand its uranium exploration portfolio in a key mining region.

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