Toronto, Ontario–(Newsfile Corp. – September 16, 2026) – Green Canada Uranium Corp. (TSXV: GCUC) (the “Company”) is pleased to announce that it has commenced drilling on its 100% owned Marshall property, located in the eastern Athabasca Basin, Saskatchewan. The Marshall project is located 30 kilometres on trend to the southwest of Canalaska’s West McArthur Pike Zone discovery. Marshall is in the vicinity of several large uranium deposits and processing facilities including Cameco’s McArthur River mine, Key Lake Mill and Millennium deposit and Denison’s Phoenix ISR and Gryphon underground development project.
Two drill holes are planned to test electromagnetic targets at the sandstone/basement unconformity, interpreted at 725 metres. MRL-001 is targeting two strong electromagnetic (EM) picks that align to the southeast of a circular conductivity anomaly. The second priority target is located northwest of the same circular conductivity anomaly.
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About Green Canada Uranium Corp.
Green Canada Uranium Corp. is a mineral resource company engaged in the acquisition, exploration and development of uranium properties in Canada. The Company holds a portfolio of uranium properties in the Athabasca Basin in Saskatchewan and the Otish Basin in Quebec, including the flagship 100% owned Marshall Project in the eastern Athabasca Basin, Saskatchewan.
On Behalf of the Board of Directors
Greg Ferron,
CEO & Director
For more information, please contact:
Richard J. Mazur, Executive Chairman
Email: mazur@greencanadauranium.com | Tel: (778) 772-3100
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Disclosure Regarding Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” occur or be achieved. This forward-looking information includes, without limitation, statements regarding the Company’s planned exploration activities at the Marshall project, and the anticipated or potential results thereof.
Such forward-looking information is necessarily based on a number of assumptions that, while considered reasonable by management as at the date of this news release, are inherently subject to business, market and other risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated and within the expected timeframe; that the Company’s interpretation of its geophysical data is accurate; and general business, economic, competitive, political and social conditions. Material risk factors include that drilling may be delayed or altered, that drill results may not be consistent with the Company’s expectations or the presence of geophysical targets, and that any mineralization encountered may not be economic. Readers should not place undue reliance on forward-looking information.
The forward-looking information contained in this news release is made as of the date of this news release. The Company does not undertake to update this forward-looking information except as required under section 5.8 of National Instrument 51-102 – Continuous Disclosure Obligations, or as otherwise required by applicable securities legislation.
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