TORONTO, May 14, 2026 – Premier American Uranium Inc. (TSXV: PUR, OTCQB: PAUIF) has announced the start of its 2026 exploration drilling program at the wholly-owned Kaycee Project in the Powder River Basin of northeastern Wyoming. The program, which commenced on May 5, 2026, includes approximately 100,000 feet of drilling aimed at building on positive results from the 2025 campaign.
Drilling Program Details
The 2026 exploration program is designed to infill between areas of known uranium mineralization and further delineate subsurface host channels across key target areas. The drilling will focus on three high-priority zones:
- Outpost target: Approximately 33,000 feet of step-out drilling
- Rustler target: Approximately 51,000 feet of drilling
- Historic coal bed methane (CBM) wells: Approximately 16,000 feet of step-out drilling
In addition, professional survey work is underway for approximately 500 exploration drillhole collars and 100 historic CBM well collar locations to support future mineral resource estimation.
Expanded Land Position
Recent claim staking has increased PUR’s Kaycee land position to approximately 29,841 combined acres of federal, state, and private surface lands. The Company has also engaged professional surveying contractor William H. Smith to complete a Project-wide drillhole collar and elevation survey, which will aid future resource estimation and technical evaluation.
CEO Commentary
Colin Healey, CEO and Director of PUR, stated: “The commencement of our 2026 drilling program marks another important step in advancing the Kaycee Project. Building on the success of our 2025 exploration efforts, this year’s program is designed to expand and better define known areas of mineralization while continuing to evaluate the broader potential of the Project. With approximately 100,000 ft of planned drilling and an expanded land position, we believe Kaycee continues to demonstrate significant exploration upside potential within one of the most prospective uranium basins in the United States.”
The majority of the 2026 drilling will focus on the Outpost and Rustler targets, where previous drilling identified encouraging uranium mineralization associated with favorable roll-front host geology. Additional drilling near historic CBM wells will test newly interpreted targets and expand the Company’s understanding of mineralized trends throughout the Project area.
