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New high-grade uranium discovery made at Paladin's Patterson Lake South project in Canada

Market News
24 Jun 2026
GlobeNewsWire
View Source
Bullish
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Paladin Energy Ltd has announced a new high-grade uranium discovery named Atlas at its Patterson Lake South (PLS) project in Saskatchewan, Canada. The discovery was made during the 2026 winter drilling program, with seven out of eight drillholes intersecting significant uranium mineralisation. Key drill results include intervals with uranium grades up to 4.25% U3O8 over several meters. The Atlas discovery remains open for further expansion along strike and at depth, and drilling will continue through the summer to explore this and other targets within the PLS project. This discovery strengthens Paladin's position in the high-grade uranium sector and supports future nuclear energy supply.

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