Eagle Nuclear Energy Corp. (NASDAQ: NUCL) has taken a major step toward advancing its flagship Aurora Uranium Project by completing the assembly of all major operational contractors needed for the planned Pre-Feasibility Study (PFS) work program. The company announced the engagement of Yukuskokon Professional Services, LLC in a new collaboration, along with the expansion of existing agreements with BBA USA Inc. and SLR International Corporation. The PFS is targeted for completion in the second half of 2027, pending regulatory approvals.
U.S. Push for Domestic Uranium Supply
The United States is racing to rebuild a domestic uranium supply chain after decades of neglect, as nuclear power returns to the center of the country's energy strategy. This national push directly benefits companies holding American uranium resources. Eagle Nuclear Energy owns what it describes as the largest conventional, measured and indicated uranium deposit in the United States. The Aurora deposit, located along the Oregon-Nevada border, hosts 32.75 million pounds Indicated and 4.98 million pounds Inferred (SK-1300 TRS) of near-surface uranium resource, with the adjacent Cordex deposit offering potential for further expansion.
Contractor Roles and Responsibilities
Each contractor has a defined mandate in the work program. Yukuskokon will provide turnkey project management and geological support for the drill program. BBA USA Inc. will handle real-time geological modeling, drill-hole targeting, and resource-consulting support, along with preparing standard operating procedures. BBA previously completed Aurora's S-K 1300 Mineral Resource Estimate and authored the related Technical Report Summary in August 2025. SLR International Corporation will provide real-time support on hydrogeological and geochemical objectives, including installing groundwater monitoring wells, well development, slug testing, collecting samples for geochemical characterization, groundwater monitoring, and hydrogeological modeling.
Next Steps and Timeline
Eagle is now awaiting permit approvals from state-level regulators in Oregon before commencing drilling at Aurora. The company envisions all three contractors playing central roles in the drill program as it advances toward the planned Pre-Feasibility Study. The PFS is expected to be completed in the second half of 2027.
Strategic Positioning
Aurora anchors Eagle's strategy to build an integrated nuclear platform combining domestic uranium resources with access to certain small modular reactor (SMR) technology, positioning the company within the U.S. push to strengthen domestic fuel supply chains. Investors tracking uranium and advanced-nuclear development follow public names including Uranium Energy Corp (NYSE American: UEC), Energy Fuels (NYSE American: UUUU), Denison Mines (NYSE American: DNN), and Oklo (NYSE: OKLO), each distinct, and none a proxy for Eagle Nuclear.
