Praise for Trump’s uranium plan – It doesn’t deserve three cheers but it merits two

In the weeks ahead, President Trump will make a final decision on how to revive the all-but-dormant American uranium industry. The expected plan would create a reserve of about 10 million pounds per year of domestically mined uranium and stored in a “Federal Uranium Security Stockpile.” One option on the table is for the Department …

V.PTU Mobilizes at Hook Lake in Preparation for Winter Program

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) announced today that field crews have mobilized at the Hook Lake project in preparation for this winter’s exploration program. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. …

V.FUU: Boulders at Hearty Bay return assays of 8.23%U3O8

FISSION 3.0 CORP. (“Fission 3” or “the Company”) is pleased to announce the results of recent exploration activity at its Hearty Bay project in Canada’s northwest Athabasca Basin region. Prospecting work on the historic Wolfe and Jackfish boulder fields at Isle Brochet has identified 45 new occurrences of radioactive boulders with assay values up to 8.23% …

V.PTU Closes First Tranche of Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) closes its first tranche of its non-brokered private placement (the “Private Placement”) previously announced on December 10, 2019. The Private Placement was subscribed for aggregate gross proceeds of $502,004.50. In connection with the Private Placement, the Company issued 7,723,146 flow-through units (“Flow-Through Units”) at a …

T.DML Reports Completion of Highly Successful 2019 ISR Field Test at the Phoenix Deposit and Initiation of ISR Metallurgical Testing

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report the completion of the highly successful 2019 In-Situ Recovery (“ISR”) field test program within the high-grade Phoenix uranium deposit (“Phoenix”) at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”), located in northern Saskatchewan, Canada. The Company is also …

Turkey is going nuclear by 2023: Will it succeed?

Fingers crossed, the decades-long ambition to have Turkey’s first nuclear energy capability (at least one of the planned four nuclear reactors) is finally to become a reality by 2023 thanks to the Mersin Akkuyu project, developed jointly with Russia’s Rosatom.Turkey has a long-standing dream of going nuclear since the 1960s, having ventured five different attempts, …

A cheer for the Trump uranium plan

Our sources are telling us that President Trump is nearing a decision on how to revive the all-but-dormant American uranium industry. This proposed plan would create a reserve of domestically-mined uranium and stored in a “Federal Uranium Security Stockpile.” One option on the table is for the Department of Defense to purchase uranium through the …

T.AZZ Achieves Major Milestone; Final Dewey Burdock NRC License Contention Resolved in Favour of the Company

AZARGA URANIUM CORP. (TSX:AZZ, OTCQB:AZZUF, FRA:P8AA) (“Azarga Uranium” or the “Company”) is pleased to announce that the Atomic Safety and Licensing Board (the “ASLB”) has issued its Final Initial Decision and has resolved the final remaining contention for the Company’s flagship Dewey Burdock In-Situ Recovery Uranium Project (the “Dewey Burdock Project”) Nuclear Regulatory Commission (“NRC”) …