Announcement • Apr 02
Refined Energy Corp. Completes Maiden Drill Program at Dufferin West Refined Energy Corp. completed its maiden drill program at the Dufferin West property, located in Saskatchewan’s Athabasca Basin uranium district. Drill hole DW26-001 intersected the targeted graphitic conductor at 381 metres with associated brecciation (unconformity depth was at 332 m). Drill hole DW26-003 reached the unconformity at 312 metres and intersected two brecciated fault zones; one in the sandstone at 104 to 120 m with associated bleaching, and one in the basement from 323.7 to 327.1 m with brecciation and clay gouges. DW26-003 tested a significant ground gravity low complemented by a partially overlapping magnetic low and bounded to the east by a magnetic high. Initial drill program totaled 975 metres. Detailed sampling for geochemical analysis was completed over the fault /breccia zones to aid in determining their potential for mineralization. The program was completed on budget for approximately $1.7 million. Both drill hole DW26-003 and DW26-001 successfully intersected the unconformity. The Company elected to advance drill hole DW26-003 in place of the originally planned DW26-002 following observations from DW26-001, which indicated similar structural characteristics. This adjustment was made to maximize coverage of priority gravity geophysical targets within the program. Core logging and sampling are complete, with samples submitted to an accredited laboratory for detailed geochemical analysis and assay results. The Company has commissioned rush analysis on select samples from key intervals to expedite evaluation of alteration and potential mineralization vectors. The maiden drill program was designed to test multiple high-priority geophysical and structural targets across the Dufferin West property, integrating EM conductors, gravity lows, and magnetic features. Refined holds the exclusive option to acquire up to a 75% interest in the 10,140-hectare Dufferin Project from Eagle Plains Resources Ltd. through a combination of cash payments, share issuances and exploration expenditures. Drill hole DW26-001 targeted an electromagnetic (EM) conductor defined by a moving loop EM survey. Drill hole DW26-002 was designed to test the conductor along strike in conjunction with a coincident weak gravity low anomaly; however, the hole was terminated early based on geological observations from DW26-001 and to allow completion of drill hole DW26-003 within the planned program budget. Announcement • Mar 18
Refined Energy Corp. Announces the First Drill Hole of Its Maiden Drill Program Refined Energy Corp. announced that the first drill hole of its maiden drill program has successfully reached target depth beyond the unconformity at the Dufferin West property, located in Saskatchewan’s Athabasca Basin uranium district. Maiden drill hole (DW26-001) successfully reached targeted unconformity depth at 332 metres, validating the Company’s geological model. Second drill hole (DW26-002) now underway testing the same high-priority EM conductor and associated structural target. Ground gravity survey completed to further refine structural drill targets. Initial drill program planned for a minimum of three holes totaling approximately 1,200 metres. Drill hole DW26-001 intersected the unconformity at a depth of 332 metres and was completed in basement rock at 432 metres. Core logging and sampling are underway, with samples to be submitted to an accredited laboratory for detailed analysis and assay results. MWH Geo-Surveys recently completed a ground gravity survey across the target area. A total of 817 unique stations in a 50m by 100m grid were surveyed covering approximately 530ha. Preliminary results have been incorporated into the targeting of the second drill hole and will be further utilized for targeting the planned third drill hole. The second drill hole, DW26-002, is now underway, located approximately 100 metres south of the first hole. The hole is designed to further evaluate the same electromagnetic (“EM”) conductor defined by previous airborne VTEM data and refined by a recently completed time-domain moving loop EM (TEM) ground geophysical program. The second hole is also designed to test the interpreted intersection of the EM conductor with a gravity low, believed to represent a cross-cutting N70 structural fault - a structural setting commonly associated with potential Athabasca Basin mineralization. Refined holds the exclusive option to acquire up to a 75% interest in the 10,140-hectare Dufferin Project from Eagle Plains Resources Ltd. through a combination of cash payments, share issuances and exploration expenditures. The maiden drill program is designed to test multiple high-priority geophysical and structural targets and is planned to consist of a minimum of three drill holes totalling approximately 1,200 metres, with oriented core collection to provide critical geological and structural information. The initial budget is approximately $1.7 million. Announcement • Mar 03
Refined Energy Corp. Commences Drilling on First Hole of its Maiden Drill Program at Dufferin West Property Refined Energy Corp. announced that drilling has commenced on the first hole of its maiden drill program at the Dufferin West property, located in Saskatchewan’s world-renowned Athabasca Basin uranium district. Refined holds the exclusive option to acquire up to a 75% interest in the 10,140ha Dufferin Project, from Eagle Plains Resources Ltd. (“Eagle Plains”) through a combination of cash payments, share issuances and exploration expenditures. The Dufferin Project, which is made up of the North and West Dufferin properties, is located adjacent to NexGen Energy’s SW3 Property and approximately 18km from Cameco’s Centennial Deposit where historic drill hole VR-031W3 intersected 8.78% U308 over 33.9m (SMAF 74G12-0061). The drill program is targeting a promising electromagnetic (“EM”) conductor defined by previous airborne VTEM data and refined by a recently completed time-domain moving loop EM (TEM) ground geophysical program. The initial program will consist of a minimum of 3 drill holes totalling approximately 1200 metres, with oriented core collection to provide critical geological and structural information. The initial budget is approximately $1.7 million. In parallel, Refined will conduct a ground gravity survey to further refine and prioritize additional drill targets. Dufferin West represents a technically promising exploration opportunity, driven by integrated geophysical, geological and structural interpretations. Work to date has confirmed key NE-SW trending structural corridors consistent with known uranium mineralization systems across the Athabasca Basin. The Dufferin Project is considered prospective for both unconformity- and basement-hosted uranium mineralization in proximity to NE-SW trending faults. Faulted basement contacts with ductile/brittle deformation near the unconformity contact are the primary locations for high-grade Athabasca uranium deposits. 
