Author: SightlineU3O8

T.NXE: Assays Demonstrate Strong Continuity in A3 Shear and along Strike at the Arrow Deposit

By SightlineU3O8   Posted in Equities
Posted on

VANCOUVER, Dec. 11, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for 21 holes from Arrow as part of our recently concluded summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Arrow Highlights: A3 Infill Drilling AR-17-147c3 intersected 60.0 m at 3.70% U3O8 (597.5 to 657.5 m) including 33.0 m at 6.51% …

T.PDN: Creditor leaves Paladin renewal in doubt

By SightlineU3O8   Posted in Equities
Posted on

The French creditor that forced uranium miner Paladin Energy into administration is now threatening to torpedo its recapitalisation. Creditors of the collapsed miner yesterday voted in favour of a restructure proposal put forward by unsecured bondholders that would have the company continue operating as a going concern and be reinstated to the Australian Securities Exchange. …

T.U: Reports Uranium Purchases and Estimated Net Asset Value at November 30, 2017

By SightlineU3O8   Posted in Equities
Posted on

TORONTO, ONTARIO–(Marketwired – Dec. 7, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at November 30, 2017 was CAD$478.5 million or CAD$3.61 per share. As at November 30, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …

Uranium Underfeeding: Big Price Factor? (Part 1)

By SightlineU3O8   Posted in Re-enrichment SLU3O8 Exclusive U
Posted on

EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …

Boss consolidates Honeymoon uranium project ownership

By SightlineU3O8   Posted in Known Reserves U
Posted on

JOHANNESBURG (miningweekly.com) – ASX-listed Boss Resources has entered into a binding conditional agreement to buy Wattle Mining – the owner of 20% of the shares in the Honeymoon uranium project – in a move that will give the company full ownership of the South Australian project. Consolidating the ownership sets the Honeymoon project on the path to be Australia’s next uranium producer, with production of about …

T.UEX: Vests 45% Interest in Christie Lake

By SightlineU3O8   Posted in Equities
Posted on

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that the Company has increased its interest in the Christie Lake Project to 45%. UEX has completed the required $1 million property payment to JCU (Canada) Exploration Company Limited (“JCU”) and its 2017 exploration work commitments under the Christie Lake Option Agreement prior to …

V.PTU: Closes Final Tranche of $1,200,000 Private Placement

By SightlineU3O8   Posted in Equities
Posted on

Toronto, Ontario, December 6, 2017 – Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) is pleased to announce the closing of the final tranche of the previously announced non-brokered private placement for aggregate gross proceeds of $680,000. In connection with the final tranche closing, the Company issued 6,800,000 flow-through units at a price of $0.10 …

V.SYH: Intersects High Grade Uranium Mineralization in Maverick Zone

By SightlineU3O8   Posted in Equities
Posted on

Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the results from its 2017 summer/fall diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approx. 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. Drill hole …