Global Uranium invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com

PERTH, Australia, July 29, 2024 (GLOBE NEWSWIRE) -- [Global Uranium and Enrichment] (ASX:GUE, OTCQB:GUELF), based in Perth, Western Australia, focused on uranium development, today announced that Andrew Ferrier, Managing Director, will present live at the OTCQB Venture Virtual Investor Conference hosted by VirtualInvestorConferences.com on August 1^st.

DATE: August 1^st, 2024
TIME: 9:30 AM ET
LINK: https://bit.ly/3LySuJN
Available for 1x1 meetings: August 1^st, 2024

This will be a live, interactive online event where investors are invited to ask the company
questions in real-time. If attendees are not able to join the event live on the day of the
conference, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Recent Company Highlights
Global Uranium has recently completed an extremely successful drill program at their flagship Tallahassee Uranium Project located in Colorado. The drill program generated thick and high-grade results, which were highlighted by holes TC2405, which intersected 53.6m at 0.157% U3O8 and TC2406 intersecting 66.8m at 0.127% U3O8. The final two drill holes returned further high-grade intercepts including 32.9m at 0.100% U3O8 in TC2407 and 7.9m at 0.067% U3O8 in TC2408.

Additional thick high-grade uranium results included:

• 18.2m at 0.134% U3O8 (1,339 ppm) from 152.2m

• 24.9m at 0.117% U3O8 (1,168 ppm) from 153.5m

• 12.9m at 0.080% U3O8 (795 ppm) from 190.2m

• 3.7m at 0.12% U3O8 (1,171 ppm) from 132m

The outstanding results generated from this program are currently being incorporated into a Scoping Study which is due for completion in Q3 2024.

The Company’s Maybell Uranium Project, also located in Colorado, represents another highly prospective uranium development opportunity for Global Uranium. At the end of 2023, an Exploration Target Range was identified, estimating 4.3 to 13.3 million pounds of U3O8 at a grade range of 587 to 1,137 ppm U3O8.

More recently, the drill permit for Maybell has been approved, with a drilling program set to commence in early August. This program will include up to 40 holes aimed at evaluating shallow, high-grade mineralisation and supporting the development of a maiden JORC-compliant mineral resource estimate.