AI is driving electricity demand higher.
Data centres are expanding rapidly, and AI is accelerating their power use—creating new demand for dependable electricity at scale.
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UraniumX Discovery Corp.
Why uranium is back in focus.
UraniumX is advancing Canadian uranium exploration projects in Saskatchewan and Quebec.
Official Q3 2026 company presentation · 16-page PDFWhy uranium now
AI needs more power. Nuclear can deliver it.
The case for uranium starts with electricity demand growing faster, power systems needing dependable generation around the clock, and countries seeking secure nuclear-fuel supply.
Nuclear power delivers 24/7 reliability.
Nuclear generation can produce dependable electricity day and night, helping support data centres, industry and wider electrification.
Canada is positioned to supply uranium.
Canada is the world's second-largest uranium producer and a major exporter, with high-grade deposits concentrated in Saskatchewan's Athabasca Basin.
Sources: International Energy Agency, Electricity 2026 and Energy and AI; Natural Resources Canada, Nuclear Energy Strategy for Canada, June 22, 2026.
The company opportunity
Why UraniumX.
A focused Canadian exploration company with a flagship program, strategic alignment and partner-funded portfolio exposure.
Flagship momentum
Murphy Lake drilling defined two mineralized trends, with laboratory assays pending.
Strategic alignment
IsoEnergy became a strategic shareholder when UraniumX completed the Dieter Lake acquisition.
Partner-funded exposure
Zoo Bay and NeoCore are structured to advance with partner funding while UraniumX retains exposure.
See the complete company picture.Projects, agreements and upcoming milestones in one document.
Get the presentationThe UraniumX portfolio
Four Canadian uranium projects.
Project 1 of 4 · Flagship · Saskatchewan
Murphy Lake
The expanded 2026 program defined two mineralized trends across nine drill holes. Laboratory assays remain pending.
- Property
- 609 hectares in the northeast Athabasca Basin
- 2026 program
- 4,092 metres across nine drill holes
- Ownership path
- UraniumX may earn up to a 70% interest
Project 2 of 4 · 100% owned · Quebec
Dieter Lake
UraniumX completed the acquisition on August 20, 2026, adding a second Canadian uranium jurisdiction and IsoEnergy as a strategic shareholder.
- Property
- 8,106 hectares across 168 mineral claims
- Ownership
- 100% interest acquired from an IsoEnergy subsidiary
- Next step
- Historical database verification and confirmation drilling
The reported 24.4 million-pound historical estimate is not a current mineral resource or reserve and should not be relied upon as current.
Project 3 of 4 · Definitive agreement · Saskatchewan
Zoo Bay
A large Athabasca Basin property positioned to advance through a proposed partner-funded transaction with Pond Technologies.
- Property
- 19,850 hectares across 15 mineral claims
- Exploration
- C$4.5 million in partner-funded commitments
- UraniumX position
- 2% royalty and operator while deferred consideration is outstanding
The Pond transaction remains subject to exchange, shareholder and other closing conditions and may not be completed.
NeoCoreSaskatchewan uranium exploration
Project 4 of 4 · Option agreement · Saskatchewan
NeoCore
An early-stage project east of the Athabasca Basin with partner-funded exploration and retained exposure for UraniumX.
- Property
- 13,012 hectares across six mineral claims
- Exploration
- C$2.75 million in partner-funded commitments
- UraniumX position
- 2% royalty and operator during the option period
Company updates
Latest news from UraniumX.
The most recent official company announcements, presented in plain language.
Dieter Lake acquisition completed.
UraniumX acquired a 100% interest in the Quebec project, and IsoEnergy became a strategic shareholder.
New definitive agreement for Zoo Bay.
The proposed Pond transaction includes C$4.5 million in exploration commitments and a retained UraniumX royalty.
C$3.8 million deployed to exploration.
The company summarized its 2026 investment across the Athabasca Basin portfolio and the expanded Murphy Lake program.
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Explore the projects in detail.
Review project maps, ownership details and upcoming work in one concise document.