URZ3 Energy Initiates Exploration at Dry Fork Uranium Project (Wyoming)
(TheNewswire)
VANCOUVER, British Columbia,September 29, 2025 – TheNewswire - URZ3 Energy Corp.(“URZ3” or the “Company”) (TSX-V: URZ; OTCQB: URZEF) ispleased to announce the initiation of an exploration program on itsDry Fork Uranium Project, located in the Powder River Basin, Wyoming,USA. Dry Fork is strategically located 10 km (6 mi) from the NicholsRanch Uranium Project in the Powder River Basin, one of the mostimportant uranium-producing regions in the United States.
The program is designed to assess the property’spotential for in-situ recovery (ISR) uranium and to establish priorityareas for exploration drilling.
The first objective at Dry Fork is to identify areas onthe property with uranium-bearing groundwater that could indicatezones of ISR-compatible uranium mineralization in thesubsurface.
The first phase of the program will focus on areasaround known water springs, where sampling will be conducted to testfor anomalous uranium. A second phase will extend the search usinghand-held spectrometers to locate additional springs and surface seepscarrying uranium that may have formed concentrated zones at thesurface. The spectrometer survey will be carried out over a systematicground grid to refine exploration targets and help guide futuredrilling plans.
“The Dry Fork program is an important step inadvancing our first uranium property in Wyoming,” stated MarkKolebaba, President and CEO of URZ3 Energy Corp. “By focusing firston hydrogeological indicators, we are taking a cost-effective andscientific approach to prioritizing drill targets for ISR uraniumpotential. Dry Fork is expected to be one of a portfolio of propertiesin Wyoming and the southwestern United States, where we see renewedmomentum and growth opportunities due to U.S. governmental incentivesand pathways to expedited exploration and production of uranium andother critical metals. Our team has had tremendous success inadvancing uranium assets from exploration to productionscenarios.”
In a September 15th interview with Bloomberg, U.S.Secretary of Energy Christopher Wright emphasized the need tostrengthen the U.S. strategic uranium reserve to reduce reliance onforeign supply and support nuclear energy growth. The StrategicUranium Reserve program, initiated in 2020, has already led to U.S.government purchases of one million pounds of U₃O₈ at prices aboveprevailing market levels, underscoring federal commitment to domesticsupply. More recently, on August 22, 2025, the Department of Energyannounced the creation of a Defense Production Act Consortium toexpand domestic fuel availability, enhance power reliability, andaccelerate America’s path toward nuclear energy independence.
Jim Ebisch (P. Geol) will be the QP as defined byNational Instrument 43-101reviewing data on the project.
About URZ3 Energy Corp.
URZ3 Energy Corp. is a uranium exploration companyfocused on identifying and advancing projects in proven uraniumdistricts in the United States. The Company’s strategy is todiscover and develop ISR-amenable uranium resources to support thegrowing demand for clean, carbon-free nuclear energy.
For Further Information, PleaseContact:
Mark Kolebaba
President and CEO
URZ3 Energy Corp.
Tel: (604) 307-6450
Email: info@URZ3.com
Forward-Looking Statements
This news release contains certain forward-lookingstatements, including statements regarding the Company’s plans forexploration, the timing and scope of the exploration program, thepotential for uranium mineralization on the Dry Fork Uranium Project,and the Company’s future business objectives. Forward-lookingstatements are frequently, but not always, identified by words such as“anticipates,” “expects,” “intends,” “plans,”“believes,” “potential,” “target,” and similarexpressions, or statements that events, conditions, or results“will,” “may,” “could,” or “should” occur or beachieved.
Forward-looking statements are based on the opinionsand estimates of management as of the date such statements are madeand are subject to known and unknown risks, uncertainties, and otherfactors that may cause actual results, levels of activity,performance, or achievements to be materially different from thoseexpressed or implied by such forward-looking statements. These factorsinclude but are not limited to: risks associated with exploration anddevelopment activities; the availability of financing; risks relatedto international operations; government regulation; environmentalrisks; title disputes; and risks inherent in the uraniumsector.
Although the Company has attempted to identifyimportant factors that could cause actual results to differmaterially, there may be other factors that cause results not to be asanticipated, estimated, or intended. Readers should not place unduereliance on forward-looking statements. The Company does not undertakeany obligation to update forward-looking statements, except asrequired by applicable securities laws.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
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