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Friday, May 9, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.
University of Regina secures over half a million for nuclear research initiatives
University of Regina secures over half a million for nuclear research initiatives
School President and Vice-Chancellor Jeff Keshen. Photo credit: University of Regina

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University of Regina secures over half a million for innovative nuclear research

One of the studies will focus on protecting SMR fuel housing from rust and damage

One of Saskatchewan’s top academic institutions has received substantial funding to help propel its nuclear research.

The University of Regina announced that it has obtained over C$580,000 from Innovation Saskatchewan on Monday — a provincial government agency. This sum will be divided amongst three different projects.

More than half of the cash will be used for a complicated initiative in the subatomic physics field.

“The funding will be used to help construct and test components of the heavy gas cherenkov (HGC) detector, a critical piece of a solenoidal large intensity device (SoLID), one of the world’s most powerful microscopes,” the institution said in a news release.

“The SoLID project is a collaboration of 300 members from 70+ institutions in 13 countries, and the HGC detector is a significant part of Canada’s contribution to advancing physics globally.”

The remainder will be used for a study aimed at protecting small modular reactor (SMR) fuel housing from rust and damage (C$200,000); and a project for upgrading simulation lab equipment so that it can “study nuclear matter” under extreme conditions (C$83,100). Innovation Saskatchewan has provided over C$18 million to provincial schools through its Innovation and Science Fund in the past six years.

“This advanced research will accelerate nuclear science leadership in Canada and help develop new, beneficial, technologies,” the university explained, “such as computational accelerators, which are needed to significantly expedite calculations related to AI and supercomputing.”

Read more: ATHA Energy exploration program in Angilak Project produces promising results

Read more: ATHA Energy’s geodata director scoops prize for AI deposit targeting method

A prominent nuclear research and uranium mining region

Saskatchewan excels in both nuclear research and mining an essential commodity for fuel in nuclear power units.

The province’s section of the Athabasca Basin has been one of the world’s top uranium producing jurisdictions for many years and has solidified its stature as the planet’s highest-grade uranium region.

CanAlaska Uranium Ltd. (TSX-V: CVV), for instance, just reported a new core assay yielding 11.6 per cent triuranium octoxide equivalent (eU3O8) over 9.3 metres. Rich intercepts like these are not pulled from the soil anywhere else and there is a steady stream of them from various companies. Particularly on the eastern side of the mining jurisdiction.

Others actively drilling in the Athabasca Basin include Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), ATHA Energy Corp. (TSX-V: SASK) (OTCQB: SASKF) (FRA: X5U) and IsoEnergy Ltd. (TSX-V: ISO).

 

ATHA Energy is a sponsor of Mugglehead news coverage

 

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