May 26, 2026, 2:02 AM EDT. American Uranium's infill drilling at the 9.45 million-pound Lo Herma uranium project in Wyoming confirms mineralisation continuity with 11 of 18 holes exceeding the 0.02% grade cut-off for uranium oxide (eU3O8, also known as yellowcake). The drilling aims to upgrade resources from Inferred to Indicated classification, crucial for improving resource confidence. The strongest intercept recorded 5.8 meters averaging 0.056% eU3O8, reinforcing optimism ahead of a Q3 resource update and scoping study. Located near Cameco's Smith Ranch facility, Lo Herma benefits from increasing demand for domestic uranium driven by energy needs from AI data centers and energy security concerns. Drilling continues with plans to expand the resource base, positioning American Uranium for potential growth in the powder river basin.
