Premier American Uranium Reports Strong Initial Drill Results at Wyoming Uranium Project

• Premier American Uranium's inaugural drilling program at the Cyclone Project exceeded planned targets, completing 41 holes at Cyclone Rim and identifying a significant half-mile uranium trend with grades up to 0.09% eU₃O₈.
• Early drilling at the Osborne Draw target yielded promising results, with three out of five initial holes encountering multiple mineralized zones, including intercepts of up to 0.021% eU₃O₈ over 24.5 feet.
• The company's systematic exploration approach has provided valuable insights into geological features that will guide future drilling programs and maximize exploration efficiency.
• Both the Cyclone Rim and Osborne Draw targets remain open in multiple directions, suggesting significant potential for resource expansion in the 2025 drilling campaign.
• The project's location in Wyoming's Great Divide Basin, a prominent uranium-producing region, positions the company strategically in a tier-one jurisdiction for uranium development.

Premier American Uranium Inc. (TSXV:PUR) is an emerging player in the U.S. uranium sector, focusing on the consolidation, exploration, and development of uranium projects across three of America's most productive uranium regions: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming, and the Uravan Mineral Belt of Colorado. The company benefits from strong institutional backing, including support from Sachem Cove Partners, IsoEnergy Ltd., and Mega Uranium Ltd. With experienced leadership in U.S. uranium exploration and development, Premier is strategically positioned to capitalize on the growing demand for domestic uranium supply.

Cyclone Rim Target Delivers Strong Results

The company's 2024 exploration program at the Cyclone Rim target has yielded impressive results, surpassing initial expectations. The program completed 41 drillholes totaling 20,990 feet, exceeding the planned 37-hole program. Key highlights include:

• Discovery of a significant uranium trend extending half a mile east-west, remaining open in multiple directions
• High-grade intercepts up to 0.088% eU3O8 over 10.5 feet
• Grade thickness (GT) values reaching 0.92
• 11 holes encountering anomalous uranium mineralization above 0.01% eU3O8
• Five holes returning GT intercepts of 0.20 or greater

The drilling program's success in identifying substantial mineralization along a consistent trend suggests potential for resource expansion through future exploration efforts. The geological understanding gained from this program will be instrumental in optimizing future drilling campaigns.

The Cyclone Project's location in Wyoming's Great Divide Basin positions Premier American Uranium in one of North America's premier uranium jurisdictions. Wyoming offers several advantages for uranium development with its established regulatory framework for uranium mining and extensive history of successful ISR uranium operations along with well-developed infrastructure and proximity to potential future customers.

Early Success at Osborne Draw

While the primary focus was on the Cyclone Rim target, the company initiated drilling ahead of schedule at the Osborne Draw target, completing five preliminary holes of the planned 36-hole program. Initial results are encouraging:

• Four out of five holes encountered uranium mineralization
• Three holes showed multiple mineralized intercepts
• Individual drill intercepts reached 0.021% eU3O8 over 24.5 feet
• Grade thickness values up to 0.51
• Mineralization identified at depths ranging from 45 to 1,000 feet

These early results from Osborne Draw provide valuable geological information in an area previously lacking subsurface data, setting the stage for an aggressive exploration program planned for 2025.

2025 Outlook & Growth Potential

Looking ahead to 2025, Premier American Uranium has outlined an ambitious growth strategy centered around multiple catalysts across its project portfolio.

At the Cyclone Rim target, the company plans to build on its successful 2024 program by further defining the newly discovered half-mile mineralized trend. This work will include testing potential extensions in multiple directions where the zone remains open, potentially leading to a resource delineation program based on the encouraging 2024 results.

The Osborne Draw target will see significantly increased activity in 2025, with plans to implement the full 36-hole drilling program. This comprehensive program will follow up on the successful 2024 intercepts that demonstrated multiple mineralized zones. The expanded drilling campaign will be crucial in developing a more thorough geological understanding of the target area, potentially opening new opportunities for resource discovery.

On the technical front, Premier American Uranium will focus on integrating the wealth of data collected during the 2024 campaign into comprehensive geological models. This analytical work will enable the refinement of exploration targeting based on newly understood controls on mineralization. Additionally, the company may initiate preliminary resource estimation work, depending on the density and consistency of mineralization identified through the expanded drilling programs. These technical advancements will form the foundation for future exploration and development decisions, potentially accelerating the project's path toward resource definition.

Investment Considerations

Premier American Uranium represents a compelling opportunity for investors seeking exposure to the U.S. uranium sector, supported by a combination of operational excellence, high-quality assets, and strategic market positioning.

Operational Strength

From an operational perspective, the company has demonstrated its capability through successful execution of exploration programs, backed by an experienced technical team that brings deep industry knowledge to the project. The management's efficient operational approach and systematic exploration methodology have already yielded significant results, suggesting strong potential for continued success.

Asset Quality

The company's asset quality stands out as a key differentiator in the uranium exploration sector. The recent drilling program has revealed multiple high-grade intercepts across the project area, with significant mineralized trends that remain open for expansion. The strategic location of these assets within a tier-one jurisdiction adds considerable value, offering the advantages of established infrastructure and a supportive regulatory environment for uranium development.

Market Position

Premier American Uranium's market position further strengthens its investment appeal. The company benefits from strong institutional backing, including support from recognized industry players such as Sachem Cove Partners, IsoEnergy Ltd., and Mega Uranium Ltd. This financial and strategic support underpins its clear focus on U.S. uranium development.

The company's portfolio approach, spanning multiple proven basins across New Mexico, Wyoming, and Colorado, provides investors with diversified exposure to some of America's most productive uranium regions. This strategic positioning, combined with growing demand for domestic uranium supply amid increasing focus on energy security, places Premier American Uranium in an advantageous position to capitalize on market opportunities as they emerge.

Conclusion

Premier American Uranium's successful 2024 drilling program at the Cyclone Project has demonstrated the company's ability to execute effectively while delivering promising results. The identification of significant uranium mineralization at both the Cyclone Rim and Osborne Draw targets, combined with the company's strategic position in key U.S. uranium districts, creates a compelling investment opportunity. With multiple catalysts ahead in 2025, including expanded drilling programs and potential resource delineation, Premier appears well-positioned to capitalize on the growing demand for domestic uranium supply. For investors seeking exposure to the U.S. uranium sector, Premier American Uranium offers a combination of proven technical execution, strategic assets, and significant growth potential.