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July 13, 2026
North American Exploration Services begins property-wide rock sampling and radiometric surveying at the Buffalo Uranium Project
TORONTO, ON, July 13, 2026 – UraCore Energy Corp. (“UraCore” or the “Company”), a privately held uranium exploration company focused on the United States, is pleased to announce that North American Exploration Services, Inc. (“NAE”) today commenced a systematic grid rock-chip sampling and radiation reading program (the “Grid Program”) at the Buffalo Uranium Project (“Buffalo” or the “Project”) in Carbon County, Wyoming.
The Grid Program is the second field program at Buffalo this summer. It follows the geological mapping and targeted sampling program completed by Burgex Mining Consultants between June 8 and June 17, 2026, and is designed to give UraCore objective, property-wide coverage of the uranium system around the historic Little Man Mine.
“Two field crews in two months tells you how seriously we are taking Buffalo,” said Peter Kim, Chief Executive Officer of UraCore. “Burgex showed us where to look; this grid program measures the whole system methodically, so that when we choose drill targets, we choose them on data.”
UraCore engaged NAE on the basis of a proposal dated July 6, 2026. The Grid Program is designed to complement the targeted work completed in June, and its scope includes:
Fieldwork is expected to be completed in approximately ten days, with NAE’s report to follow with, samples subsequently submitted to laboratory for analysis. The Company will report results once they have been received and reviewed by a qualified person.
The scientific and technical information has been reviewed and approved by Seymour M. Sears, B.A., B.Sc., PGO, a “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Seymour M. Sears is independent of the Company.
UraCore Energy Corp. is a privately held uranium exploration company advancing two U.S. assets: the Powerline Project in Utah and the Buffalo Project in Wyoming. The Company is focused on high-quality uranium projects in established, mining-friendly U.S. jurisdictions, in support of a secure domestic nuclear fuel supply.
On behalf of the Board of Directors
URACORE ENERGY CORP.
Peter Kim, Chief Executive Officer
Peter Kim, Chief Executive Officer | p.kim@uracoreenergy.com
www.uracoreenergy.com
Technical information. Historical information relating to the Little Man Mine and to Conoco Inc.’s exploration of the area (1977–1980), including production, grade and drilling information, is taken from historical reports. A qualified person has not done sufficient work to verify it, and the Company is not treating it as current mineral resources or mineral reserves. Mineralization at the historic Little Man Mine is not necessarily indicative of mineralization elsewhere on the Project. No mineral resource or mineral reserve has been estimated on the Buffalo Project, and no NI 43-101 technical report on the Project has been filed. There is no certainty that further exploration will result in the discovery of an economic deposit. Information attributed to third-party consultants is drawn from reports prepared for Ameranium Energy Corp., the Company’s wholly owned subsidiary. The Company believes these consultants to be reputable but has not independently verified all of the information in their reports, other than as described under “Qualified Person.” Hand-held radiation readings measure only near-surface radioactivity and are not a measure of uranium grade. Readings taken with different instruments may not be directly comparable.
No offer of securities. This news release is for information purposes only and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities of the Company in any jurisdiction. The Company is a private company: its shares are not listed on any stock exchange and there is no public market for them. Any offering of securities will be made only by way of available prospectus exemptions, to eligible investors, and under formal offering documents. The Company’s securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption. No stock exchange, securities commission or other regulatory authority has reviewed or approved the contents of this news release or accepts responsibility for its adequacy or accuracy.
Date of information. The information in this news release is current only as at July 13, 2026. This news release was prepared for posting on the Company’s website and was posted on July 13 2026; it was not disseminated through a newswire service. Later developments, including exploration results, are or will be reported separately. Readers should review the Company’s most recent disclosure and should not rely on this release as a complete or current description of the Company or its projects.
Forward-looking information. This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including statements regarding the completion of a definitive option agreement for the Project; the scope, timing and completion of the Grid Program; the submission and analysis of samples and the timing of results; and the definition of mineralization and targets for future drilling; the Company’s proposed public listing; and the Company’s business strategy and plans. Words such as “plans”, “expects”, “intends”, “targets”, “potential”, “may”, “could”, “will” and similar expressions identify forward-looking information. Forward-looking information is based on management’s assumptions as at the date of this release, including the availability of financing, contractors and laboratories, the timely receipt of permits and land access, and uranium market conditions. It is subject to known and unknown risks that may cause actual results to differ materially, including: risks inherent in mineral exploration; the risk that a definitive option agreement is not completed; the risk that results do not support further work; title, claim-maintenance and land-access risks; permitting and regulatory risks; the Company’s ability to raise capital on acceptable terms or at all; the risk that the proposed public listing is not completed on the expected timeline or at all; uranium price volatility; dependence on key personnel and consultants; and changes in law or government policy. Readers should not place undue reliance on forward-looking information. The Company disclaims any obligation to update forward-looking information except as required by applicable securities laws.