{"id":123793,"title":"Metals One Launches Phase 1 Exploration at Squaw Creek Uranium Project in Wyoming","publisher":"Share Talk","author":"sharetalk","published":"2025-06-17T09:24:26+00:00","modified":"2025-06-17T09:24:26+00:00","canonical_url":"https://www.share-talk.com/metals-one-launches-phase-1-exploration-at-squaw-creek-uranium-project-in-wyoming/","markdown_url":"https://www.share-talk.com/metals-one-launches-phase-1-exploration-at-squaw-creek-uranium-project-in-wyoming.md","json_url":"https://www.share-talk.com/metals-one-launches-phase-1-exploration-at-squaw-creek-uranium-project-in-wyoming.json","category":"Mining","categories":["Mining"],"tags":["Alastair Clayton","Black Schist","Cobalt","COPPER","Europe","Fairfax Partners Inc","Finland","Jonathan Owen","MET1","Metals One","Nickel","Norway","SRH Råna","Zinc"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/Metals-One-Presentation-Website-April-2025-2025-04-17-at-7.21.01-AM.pdf-Google-Chrome.webp?fit=1200%2C650&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Metals One (AIM: MET1)** has officially commenced **geophysical exploration** at its newly acquired **Squaw Creek uranium project** in Wyoming’s **Shirley Basin**, a renowned district for in-situ recovery-amenable uranium deposits.\n\nUsing a **Radiation Solutions RS-125 spectral scintillometer**, the company is conducting radiation surveys across the Squaw Creek claim block to detect uranium-related signatures. In parallel, a **comprehensive review of historical water well and uranium drill data** is underway, with early findings identifying **gamma ray anomalies** indicative of mineralisation both within and around the project area.\n\n[!\\[\\](https://www.share-talk.com/wp-content/uploads/2025/06/Metals-One-Presentation-Website-April-2025-2025-04-17-at-7.21.01-AM.pdf-Google-Chrome-300x162.webp)](https://www.share-talk.com/metals-one-plc-aimmet1-building-europes-critical-minerals-pipeline/)\n\n[Metals One PLC Building Europe’s Critical Minerals Pipeline](https://www.share-talk.com/metals-one-plc-aimmet1-building-europes-critical-minerals-pipeline/)\n\nThe exploration program also includes:\n\n-\n**Geological mapping**\n\n-\n**Reconnaissance prospecting**\n\n-\n**Surface sampling of historic mine dumps**\n\n-\n**Relocation mapping** of adits and legacy workings\n\nThese efforts aim to **validate and expand** historic exploration data and lay the groundwork for a broader Phase 1 program.\n\nA **regional geophysical survey** is also planned to assess opportunities for **claim expansion** beyond the current boundary. This may include the extension of survey lines into adjacent target zones.\n\nSquaw Creek is strategically located near **TerraPower’s Natrium advanced reactor project**, placing it in close proximity to one of the most significant nuclear developments in the U.S.\n\nMetals One also noted that while the **acquisitions of Squaw Creek and the Uravan vanadium project in Colorado** are not yet formally complete, the process is progressing. County claim numbers have been received, and all claim documentation has been submitted to the **Bureau of Land Management (BLM)** in both states. The **Colorado claims have been processed**, and **Wyoming’s approval is expected shortly**, paving the way for finalisation of exploration leases.\n\n> “We have now commenced Phase 1 exploration work across our two uranium projects in Colorado and Wyoming, representing key milestones as we develop our presence in the U.S.,”said Craig Moulton, Chairman of Metals One.\n>\n> “Uranium is crucial for the U.S. energy transition, and with growing energy demands and climate targets, domestic uranium projects will be vital in supporting the country’s energy security.”\n\n**Comment:** Shares of MET1 continue to regroup after the 55p to sub 10p decline earlier this month. Keeping regular newsflow going seems to be successfully soothing nerves."}