Skeleton Coast Uranium Corp - TSXv: SKEL

Skeleton Coast Uranium (TSXv: SKEL) holds five exclusive prospecting licenses (EPLs) in the Erongo Region of Nambia, which produces 10% of world uranium output.

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Skeleton Coast Uranium $SKEL has designed a multi-phase #explorationprogram for 2026 going into 2027 focusing on the 3 Project Areas 8617, 8208 & 9727.

Phase I of the 2026 #Exploration Program is focused on compilation, digitization and analysis of all #airborne survey data flown by the Namibian Government over the EPL’s, together with all other historical exploration reports and data on the project area on file in the archives with the Namibian Ministry of Mines and Energy.

Additionally, Skeleton Coast Uranium is reprocessing historical #airbornemagnetics and #electromagnetic surveys.

Analysis of all resulting datasets are expected to be used in targeting and planning airborne and ground geophysics, field mapping, and surface sampling.

Skeleton Coast Uranium holds options to acquire controlling interests in 5 Exclusive Prospecting Licences #EPLs located in the #ErongoRegion of #Namibia which produces approximately 10% of world uranium output.
The EPLs cover 610 km2 and position $SKEL as one of the largest licence holders in the region.

All the concessions have known #uraniummineralisation (unverified historical information; see Technical Information) and are located either adjacent to or within 10 to 25 km of one of the three existing uranium mines - #LangerHeinrich #Rössing or #Husab.

Check out #SkeletonCoastUranium’s investor presentation at https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

The #ErongoRegion is the global powerhouse of Namibia's #uraniumindustry, securing the nation’s position as the world’s 3rd largest uranium producer after #Kazakhstan and #Canada. The area is home to three massive, #openpit #uraniummines: #Rössing, #Husab, and #LangerHeinrich.

The #LangerHeinrichMine is operated by #PaladinEnergy, which holds a 75% ownership stake in the project. The remaining 25% is owned by #CNNCOverseasUraniumHolding, a subsidiary of the #ChinaNationalNuclearCorporation #CNNC.

In 2025, the #LangerHeinrich Mine produced 4.036 Mil lbs #U3O8, making it the 3rdlargest #uraniummine in Namibia. By comparison, the #UnitedStates #U.S. produced ~2.11 Mil lbs U3O8 in 2025. Langer Heinrich produced 90% more uranium than total #U.S. production in 2025.

Paladin Energy upgraded its FY2026 uranium production guidance for the Langer Heinrich Mine to 4.5 to 4.8 Mil lbs of U₃O₈. This positions the mine to supply roughly 4% of total global #uraniumproduction. Furthermore, by the end of 2026, early 2027, Langer Heinrich is expected to ramp-up production to nameplate capacity of 6 Mil lbs per year.

Skeleton Coast Uranium’s EPL 8208 covers ~7,840.7 ha and shares ~15 km of border (N-NW) with the #LangerHeinrichMine. #LangerHeinrich is a calcrete-hosted secondary uranium deposit which extends over a 15 km length. Mineralization is near-surface, between one and 30 m thick, and between 50 m and 1,100 m wide.

Check out Skeleton Coast Uranium’s EPL8208 uranium project, one of 5 EPLs $SKEL has under option in the #ErongoRegion: https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Skeleton Coast Uranium’s exclusive prospecting licence (EPL) 8208 is a near-mine surficial #uranium target with palaeochannel and calcrete architecture immediately adjacent to the operating #LangerHeinrich Mine, in the #ErongoRegion of #Namibia.

The Langer Heinrich Mine (ML 140 and ML 172), one of the most significant calcrete-hosted #uraniumdeposits globally, hosts 84.8 million tonnes of ore reserves at an average grade of 448 ppm ; JORC and NI 43-101).

Skeleton Coast Uranium’s EPL 8208 occupies 7,840.7 hectares and shares approx. 15 km of border (N-NW) with the #LangerHeinrichMine.

Uranium at the Langer Heinrich deposit occurs as #carnotite, an oxide mineral containing both uranium and #vanadium. The #deposit extends over a 15 km length. #Mineralization is near-surface, between one and 30 m thick, and between 50 m and 1,100 m wide depending on the width of the palaeo valley.

For more information on Skeleton Coast Uranium $SKEL $GLIIF $KDM0 and our 5 uranium exploration projects in the Erongo Region, Namibia's uranium powerhouse, check out our website: https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Skeleton Coast Uranium Completes First Phase of Digitisation of Historical Exploration Data for #Namibia EPLs 8617, 8208, and 9727, identifying preliminary, high-priority conceptual #exploration targets for both basement-hosted uranium and secondary palaeochannel/calcrete-hosted #uranium #mineralisation.

· Interpretation of the digitised datasets and evidence-based (mineral systems) prospectivity assessment have strengthened the Company’s understanding of the EPLs and provide the foundation for the 2026 fieldwork program.

· Skeleton Coast Uranium holds options to acquire 70–75% controlling interests in five EPLs located in the #ErongoRegion of Namibia, a country which accounted for approximately 12% of global #mined uranium production in 2024 (World Nuclear Association).

· Skeleton Coast Uranium’s strategy is to aggregate strategic tenements which are prospective for surficial and alaskite #uraniumdeposits, generally less than 100–150 m deep, and which may share #geological settings with established #uranium deposits in the region.

· The Company believes its multi-licence structure – EPLs 8617, 8208, 9727, 9872 and 9873 – enables #exploration #risk diversification while leveraging Namibia’s established mining #infrastructure, skills base and #mineral legislation.

For more information on #SkeletonCoastUraniuim $SKEL $GLIIF $KDM0, one of the largest #uraniumexploration licence holders in the #ErongoRegion of #Namibia, a Tier-1 uranium jurisdiction and recognized supplier to #globalutilities, check out our website at: https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Dr. Nathan Chutas, CEO of Skeleton Coast Uranium discusses security of supply across the top uranium consuming nations including the United States, France and the biggest growth story China.

Additionally, European utilities which currently source ~50% of their requirements from Kazakhstan, Russia and Niger, are increasingly focused on diversification of supply.

And, according to the World Nuclear Association, global utilities have ~1Blb of uncovered uranium requirements to 2035 and are increasingly focused on securing uranium supply from Western facing jurisdictions.

Skeleton Coast Uranium is one of the largest uranium exploration licence holders in the Erongo Region of Namibia, a Tier-1 uranium jurisdiction and recognized supplier to global utilities.

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Dr. Nathan Chutas, CEO of @SkeletonCoastU outlines how the global #uraniummarket is experiencing a structural deficit as rising demand from #nuclearpower expansion outpaces primary #mine supply.

#Uraniumdemand is projected to reach ~182 Mil lbs in 2026, against ~176 Mil lbs supply, with long-term forecasts predicting a 118% increase in demand by 2040.
Demand for the fuel used to power #nuclearreactors is expected to more than double by 2040 (@WorldNuclearAssociation, Sept 2025).

And, over the coming decades, global #uranium demand is expected to undergo an industry-defining shift.
Factors driving demand growth include changes in government #nuclearenergypolicies based on the potential for #nuclearenergy to provide low-cost, low-carbon #baseloadelectricity and countries seeking to secure domestic supply in the face of increased #geopolitical volatility (@OECD Nuclear Energy Agency, 2026).

Looking forward, the uranium market continues to exhibit long-term demand and supply imbalances. Uranium supply is constrained by under-investment, concentration in a few jurisdictions and #geopoliticalrisk – making stable, rules-based producers like #Namibia increasingly attractive to #utilities, #financiers and strategic #investors.

In April 2026, the U.S. Department of State and the U.S. Trade and Development Agency (@USTDA) expressed interest in working with Namibia to secure #uraniumsupplychains and the infrastructure needed to expand #uraniumproduction in the country. Uranium is Namibia’s largest #commodity export with approximately 80% of 2024 mined production exported to #China and less than 10% to the United States.

For more information on the #uraniummarket and #SkeletonCoastUraniuim $SKEL $GLIIF $KDM0, one of the largest #uraniumexploration licence holders in the #ErongoRegion of #Namibia, a Tier-1 uranium jurisdiction and recognized supplier to #globalutilities, check out our website at: https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

The Critical Role of Uranium Exploration - Skeleton Coast Uranium has option agreements to acquire controlling interests in five uranium exploration licences (EPLs) totalling 610 km2 in the Erongo Region of Namibia which produces ~10% of the world's mined uranium output and is a major supplier to global power utilities.

The Erongo Region is a Tier-1 uranium jurisdiction containing significant resources of U3O8 with an estimated 1.5Blb in Measured and Indicated Resource categories and ~350Mlb in Inferred Resources (Inga Metals, 2024).

Four of Skeleton Coast’s 5 EPLs are located within the highly prospective Alaskite Alley corridor within which major uranium deposits including the Rössing mine, Husab mine, as well as the advanced-development stage Etango and Valencia projects are located. The 5th EPL is contiguous with the Langer Heinrich mine and is expected to include palaeochannel type uranium mineralization.

In this video, Dr. Nathan Chutas, CEO of Skeleton Coast Uranium discusses the growing importance of uranium exploration in known jurisdictions. Skeleton Coast Uranium is one of the largest uranium exploration license holders in the Erongo Region of Namibia.

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

With more than 400 nuclear reactors operating worldwide and hundreds more planned or under construction, the race for new uranium supply is heating up.

Dr. Nathan Chutas, CEO of Skeleton Coast Uranium discusses the race to develop and secure uranium production and increased investment in exploration and development-stage uranium projects.

Global uranium demand is expected to undergo an industry-defining shift over the coming decades. Factors driving uranium demand growth include changes in government nuclear energy policies based on the potential for nuclear energy to provide low-cost, low-carbon baseload electricity and nations seeking to secure domestic supply in the face of increased geopolitical volatility (OECD Nuclear Energy Agency, 2026).

Skeleton Coast Uranium is positioned to take full advantage of favourable uranium market fundamentals including increasing global demand and expected higher uraniumprices.

For more information on Skeleton Coast Uraniuim and our 5 uranium exploraiton projects in the Erongo Region, Namibia's uranium powerhouse, check out our website.

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Skeleton Coast Uranium Files NI 43-101 Technical Reports for #Namibia Exclusive Prospecting Licences 8208, 9727, and 8617

EPL 8208, 9727 and 8617 are strategically located in the #ErongoRegion, adjacent to or within 10 to 25 km of one of Namibia’s 3 #uraniummines - #Rössing, #Husab, #LangerHeinrich, which produce approximately 10% of global #uranium output.

Each project offers dual prospectivity for primary leucogranite-associated #uraniummineralisation analogous to the Rössing and Husab deposits, and secondary calcrete-hosted palaeochannel uranium mineralisation analogous to the Langer Heinrich deposit.

Skeleton Coast Uranium is undertaking a two-phase, decision-gated #exploration programme on each EPL, with total estimated expenditures of US$975,000 to US$1,575,000.

Phase 1 #exploration is nearing completion with digitisation of historical datasets identifying preliminary, high-priority #explorationtargets for both primary leucogranite-associated uranium and secondary calcrete-hosted palaeochannel uranium mineralisation.

“These technical reports provide an exploration baseline for rapidly advancing Skeleton Coast Uranium’s projects. We understand that successful exploration and expansion of the uranium resource base is critical if the #mining industry is to meet the needs of a growing #nuclearreactor fleet. Skeleton Coast Uranium is committed to discovering Namibia’s next major #uraniumdeposit through systematic #geological exploration, deployment of cutting-edge #explorationtechnologies, and #investment in Namibia’s positive regulatory environment, as we seek to bring new uranium resources into the #nuclearfuel cycle”, commented Dr. Nathan Chutas, Chief Executive Officer of Skeleton Coast Uranium.

Skeleton Coast Uranium $SKEL $GLIIF $KDM0 holds options to acquire controlling interests in EPLs located in the #ErongoRegion of #Namibia which produces approximately 10% of global #mineduranium output.

Read the full announcement here https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Uranium’s Baseload Power Play - Dr. Nathan Chutas, CEO of Skeleton Coast Uranium discusses the critical role #renewableenergy plays in the future of #powergeneration as #globaleconomies seek dependable #baseloadpower to maintain a stable and reliable #electicalgrid.

#Uranium stands out as an #energy source because it's a high density #energymetal that has the capability to provide #baseloadenergy and to deliver it in a clean and reliable manner.

Renewable energy is widely regarded as a key part of the #energytransition and uranium is set to provide a greater percentage of clean, baseload power required to meet future #energydemand for generations to come.

Skeleton Coast Uranium $SKEL $GLIIF $KDM0 holds options to acquire controlling interests in five Exclusive Prospecting Licences (EPLs) located in the #ErongoRegion of #Namibia which produces approximately 10% of global #mineduranium output.

Check out our website at https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Dr. Nathan Chutas, CEO of #SkeletonCoastUranium comments on uranium's structural #supplydeficit as the world's largest #uraniuimconsumers face depleted stockpiles, with few advanced-stage #uraniumprojects ready to contribute to near-term #uraniumsupply.

This comes after years of low #uraniumprices disencentivized new #uraniumproduction. And, while the #bearmarket may
be over, its effects remain with the #uraniumsector facing a structural undersupply relative to global #uraniumdemand forecasts.

There are a number of countries, including #China, that are planning to bring online #nuclearpower plants that don't currently have fuel.

Most uranium consuming nations have depleted #domesticuranium stockpiles. And, if future demand is going to be met, new #uraniumprojects will need to come online. And, new mines will need to come online in known, favorable #miningjurisdictions, such as #Namibia, currently the 3rd largest mined #uraniumsupplier with plans for expansion.

#SkeletonCoastUranium #supplydeficit #uraniuimconsumers

Skeleton Coast Uranium $SKEL $GLIIF $KDM0 is one of the largest #uraniumexploration license holders in the #ErongoRegion of #Namibia. All licenses have known #uraniummineralization and are located either adjacent to or within 10-25 kms of one of Namibia's 3 existing #uraniummines #LangerHeinrich #Rössing #Husab. Check out our investor presentaiton at https://t.co/7cEjduC0NS

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

The #ErongoRegion of @Namibia is an economically important #uranium district hosting the country’s 3 producing #uraniummines, which account for approx. 10% of global uranium output. The #Husabmine, a massive uranium-only deposit, is the largest open-pit uranium operation in the world.

Operated by #SwakopUranium and backed by #ChinaGeneralNuclear @CGN, the mine design capacity stands at 6,000 tonnes of uranium annually, providing large-scale output for international #nuclearreactors.

In 2025, the #Husaburanium mine maintained a steady annual production of approx. 5,300 tonnes of #uraniumoxide #U₃O₈, positioning #Husab as the 3rd-largest single uranium-producing mine globally (@SimonisStormSecurities, July 2026).

Skeleton Coast Uranium’s EPL 8617 is located ~15 km from the Husab mine. Check out Skeleton Coast Uranium’s EPL8617 uranium project, one of 5 EPLs $SKEL has under option in the #ErongoRegion: https://t.co/7cEjduCyDq

#TSX #invest #energysecurity #nuclearenergy #yellowcake #mininginvestment #nationalsecurity #commodities #mining #investment #exploration #uraniumexploration @SkeletonCoastU #TSXV: $SKEL #OTC: $GLIIF #FRA: $KDM0

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

The disconnect between uranium demand and supply – the largest #uranium consuming countries - #U.S., #China and #France, have minimal domestic supplies.

European utilities currently source ~50% of their requirements from #Kazakhstan, #Russia and #Niger, and are increasingly focused on diversification of supply. #China’s utilities have outpaced their Western counterparts in contracting uranium to underpin domestic #nuclearreactor build program.

As a result, global #utilities have ~1Blb of uncovered #uranium requirements to 2035 and are increasingly focused on securing #uraniumsupply from Western facing jurisdictions.

#energytransition #TSXv #NuclearEnergy, #SMR, #NuclearFusion #CleanEnergy, #EnergyIndependence #Nuclearpower

Checkout Skeleton Coast Uranium $SKEL one of the largest #uraniumexploration licence holders in the #ErongoRegion of #Namibia, is a Tier-1 uranium jurisdiction and major supplier to global utilities. https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

According to the #WorldNuclearAssociation @WorldNuclear there are 439 #nuclearreactors operating in over 30 countries, delivering 402 GW of capacity.

A record-high 80 reactors are currently under #construction, adding another 88 GW, and 120 reactors are planned or approved for construction, representing another 108 GW. And, 318 additional reactors are proposed, with a potential 291 GW of future capacity.

With #electricitydemand increasing about 2x as fast as overall energy use and expected to rise by more than 50% between 2022 and 2040, the world will need significantly increased #energysupply in the future, especially cleanly-generated #electricity such a #nuclearpower.

Skeleton Coast Uranium $SKEL $GLIIF $KDM0 is one of the largest #uraniumexploration license holders in the #ErongoRegion of #Namibia, a Tier-1 uranium jurisdiction and recognized supplier to #globalutilities, check out our website at: https://t.co/7cEjduCyDq

#energytransition, #TSXv, #SMR, #NuclearFusion #CleanEnergy, #EnergyIndependence #Nuclearpower

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Skeleton Coast Uranium - A tale of two uranium models: EPL 9727 and EPL 8208. Being close to three of the world's major #uraniummines matters, but EPLs 9727 and 8208 give us something else as well: they give us two different opportunities to find #uranium.

In #Namibia's central #ErongoRegion, uranium is found in two main geological settings. At #Husab and #Rössing, it occurs as a primary mineral in granitic rocks known as #alaskite.

At #LangerHeinrich, the #uraniummineralization is secondary, as it has been remobilized by meteoric water and deposited in the sediments of ancient river channels.
For those who are not geologists, the distinction changes what we look for and how we look for it.

Two of @SkeletonCoastu licences, EPL 9727 and 8208, give us reason to investigate both of those geological stories. And this matters because it means we are not relying on one #exploration concept:

· EPL 9727 gives us the opportunity to investigate uranium in both the underlying rock and ancient river channels

· EPL 8208 provides a more focused test of the channel-hosted model seen at neighbouring #LangerHeinrich
Read the full story on Skeleton Coast Uranium’s $SKEL website – https://t.co/Mj01oMhaxm

#uraniumexploration #energytransition #nuclearenergy #CleanEnergy, #EnergyIndependence #Nuclearpower #Nuclearreactor #TSXv #invest

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

Namibia has the largest contiguous #geophysical data coverage in #Africa - over 4.4 million line-km of airborne geophysical data flown by the Government of Namibia, representing near-complete national coverage (Namibia Ministry of Industry, Mines and Energy @MIMEnamibia).

Namibia offers multiple massive airborne surveys, including the Geological Survey of Namibia's (#GSN) high-resolution magnetic/radiometric campaigns and massive Time Domain Electromagnetic (#TEM) projects. #MinistryOfMinesAndEnergy #Namibia #GeologicalSurvey

Key #uranium discoveries and anomalies identified in the Erongo Region include Rössing South (Husab; China General Nuclear Power Group @CGN_Group), Etango (@BannermanEnergy), Namibplaas and Valencia (Forsys Metals @Forsys_Metals Norasa Project).

Skeleton Coast Uranium’s 5 EPLs are strategically located either adjacent to or within 10 to 25 km of one of Namibia’s three existing uranium mines (Rössing, Husab or Langer Heinrich).

Skeleton Coast Uranium has appointed @PractaraSA to analyse, digitise and model all available historical data on Skeleton Coast Uranium’s 5 EPLs which combined cover ~610 km2.

Work to date has identified preliminary #exploration targets for both basement-hosted uranium and secondary palaeochannel/calcrete-hosted #uraniummineralisation.

#energytransition #TSXv #NuclearEnergy, #SMR, #NuclearFusion #CleanEnergy, #EnergyIndependence #Nuclearpower #Nuclearreactor

Check out Skeleton Coast Uranium’s $SKEL investor presentation: https://t.co/7cEjduC0NS

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

The structural #uranium supply-demand #deficit is forecast to widen, with visible new #uraniumsupply insufficient to meet growing #uraniumdemand.

Based on data from @WorldNuclear World #Nuclear Fuel Report 2025, and @UxC_Nuclear Uranium Market Outlook for Q1 2026, we look at uncovered uranium requirements at global utilities and new supply required annually to meet demand through to 2040.

Global #nuclearutilities face a cumulative uncovered uranium requirement of over 1.9 billion pounds heading into 2040. This shortfall is driven by expanding #nuclearreactor lifespans, new builds (including #AI-driven #datacenter demand), and ongoing Western import bans on #Russian supplies.

Global primary mine production currently falls well short of expanding #nuclearreactor requirements. The #uraniummarket is suffering from an ongoing structural deficit exacerbated by long project lead times and a decade of underinvestment.

Check out Skeleton Coast Uranium $SKEL - with 5 EPLs covering 610 km2, we are one of the largest licence holders in the Erongo Region of #Namibia, the world’s 3rd largest uranium producer and a recognised tier-one supplier to global utilities. #invest #energytransition #tsxv #baseloadpower https://t.co/7cEjduCyDq

[Skeleton Coast Uranium Corp - TSXv: SKEL @SkeletonCoastU]

China’s major uranium companies have invested more than US$2.6 Bil across 3 of Namibia’s operating #uranium mines and one advanced development project.

Beginning in 2012, with the~US$2 billion #acquisition and development of the #HusabMine by #ChinaGeneralNuclearPowerGroup #CGN $1816.HK, with #Husab becoming one of the largest #uranium operations in the world.

In 2019, a subsidiary of #ChinaNationalNuclearCorporation #CNNC $601985 acquired @RioTinto’s $RIO 68.62% stake in the #RössingUraniumMine for up to US$106.5 million. Rössing commenced uranium production in 1976 and has been a key part of Namibia’s mining industry for 50 years.

In 2014, #CNNC acquired a 25% stake in Langer Heinrich Namibia’s 3rd operating uranium mine, from @PaladinEnergy $PDN for ~US$190 Mil.

In early 2026, Bannerman Energy $BMN announced a strategic partnership with #CNNC $601985 whereby CNNC will #invest up to US$321.5 Mil to hold 45% operating interest to fund and develop the #Etango uranium project near Swakopmund.

In 2024, Namibia exported ~US$803.24 Mil of uranium ores and concentrates to #China.
Checkout the Feb 13, 2026 issue of The Extractor Magazine: https://t.co/WZVzCfcm4E