Pegasus Resources Advances Uranium Exploration in Utah

Pegasus Resources Inc. has secured permits for its uranium exploration projects, Energy Sands and Jupiter, in Utah. This development allows Pegasus to proceed with a significant drilling campaign in a region noted for uranium potential.

The Energy Sands project aims for eighteen drill holes averaging 178 feet, while the Jupiter Project proposes thirty drill holes with depths averaging 550 feet. These efforts utilize existing roads to minimize environmental impact, with bonding covering 4.94 acres for operations.

Christian Timmins, CEO of Pegasus Resources, emphasizes the strategic importance of these permits in advancing uranium resources amid growing demand. The company plans to finalize bonding, secure funding, and commence drilling to enhance shareholder value and support U.S. energy independence.