Pegasus Resources Inc. is pleased to announce that the Company has arranged a non-brokered flow through private placement of up to 37,500,000 units of the Company at a price of CDN$0.04 per Unit to raise gross proceeds of up to CDN$1,500,000. Each Unit consists of one common share of the Company that qualifies as a flow-through share ) and one non-flow-through share purchase warrant, entitling the holder to acquire an [...]
Pegasus Resources Inc. reports that it has amended its private placement previously announced September 19, 2022. The private placement will now comprise of up to 15,000,000 units at a price of $0.03 per unit for total gross proceeds of up to $450,000. Each unit consists of one common share and one transferable share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of [...]
Pegasus Resources Inc. is pleased to announce that it has commenced the application process for permits to start an initial program at the Mozzie Lake Uranium Property. This project is part of a four-project land package that Pegasus has and is located immediately northwest of the prolific Athabasca Basin of northern Saskatchewan which includes a historical resource estimate of 204,200 tons at 0.119% U308 at an average [...]
Pegasus Resources Inc. is pleased to announce that it has received permit approval from the Saskatchewan Ministry of Environment for the initial exploration at its Pine Channel Uranium Project , located in the Athabasca Basin region of northern Saskatchewan. The field work is expected to commence as soon as ground logistics allow. A working relationship continues with the group that represents the northern communities and [...]
Pegasus Resources Inc. is pleased to announce the acquisition of 147 lode mining claims located on lands managed by United States Forest Service in Fall River County, South Dakota. Claims were optioned from Cowboy Exploration and Development, a Wyoming-registered LLC in an all-cash deal, US$1,500,000 for 100% ownership payable over three years . Mineralization is hosted within typical roll front-type deposits in the [...]
Pegasus Resources Inc. is pleased to announce the hiring of Dahrouge Geological Consulting Ltd to manage the field exploration work on the recently acquired Energy Sands Uranium Project located in Emery County, Utah. This geological work will be managed by Dahrouge's Denver based field exploration team and the initial ground project is expected to commence shortly. The Energy Sands Project , is located in Emery County [...]
Pegasus Resources Inc. is pleased to announce the acquisition, by staking, of the Energy Sands Project , located in Emery County, Utah. The Project consists of sandstone-hosted uranium and vanadium mineralization with demonstrated potential to establish resources, with historical small-scale mining having occurred in two isolated regions of the Property. "We feel the global uranium market should continue to build strength [...]
Pegasus Resources Inc. is pleased to announce the conclusion of the summer 2021 prospecting program carried out on its wholly owned Gold Mountain and Punch Bowl properties located north of Golden, British Columbia. A brief exploration program was carried out at Gold Mountain during August 2021 including: Extension of polymetallic mineralization from 600 meters to over 900 meters in strike length with sample 151659: 1.63 [...]
Pegasus Resources Inc. is pleased to announce results of the summer 2021 prospecting and backpack drilling program carried out on its wholly owned Vertebrae Ridge Property located north of Golden, British Columbia. The Vertebrae Ridge Property is comprised of four claims encompassing about 5,324 ha roughly 81 kilometers northwest of Golden, BC. The eight-day prospecting campaign during August 2021 resulted in the [...]
Pegasus Resources Inc. is pleased to announce that permitting has commenced on its uranium projects, located in the Athabasca Basin region of northern Saskatchewan. Cumulatively, the uranium land package encompasses approximately 60,054 ha over 19 mineral claims and includes the Pine Channel, Mozzie Lake, Wollaston Northeast, and Bentley Lake properties . Figure 1 [...]
Pegasus Resources Inc. is pleased to announce exploration plans for its recently acquired uranium projects located in the Athabasca Basin region of northern Saskatchewan. Cumulatively, the uranium land package encompasses approximately 60,054 ha over 19 mineral claims and includes the Pine Channel, Mozzie Lake, Wollaston Northeast, and Bentley Lake properties . Charles Desjardins, President of Pegasus Resources, states [...]
Pegasus Resources Inc. is pleased to announce the acquisition of four Uranium properties located immediately northwest of the prolific Athabasca Basin of northern Saskatchewan which includes a historical resource estimate of 204,200 tons at 0.119% U308 at an average width of 15.8 feet, containing 535,718 pounds of uranium*. Cumulatively the properties encompass about 54,026 ha in 13 mineral claims, as follows: Wollaston [...]
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