Uranium fund Yellow Cake said on Monday the U.S. decision to not implement fresh trade restrictions on the metal’s import was likely to help long-term prices and bring production to a more normal level. An investigation by the U.S. Commerce Department into uranium imports had constricted the uranium market and caused uncertainty in the past …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report radioactivity results for an additional forty holes comprising 18,166.5 m from the Company’s Feasibility stage drilling program at our 100% owned, Rook I property in the Athabasca Basin, Saskatchewan. Conversion of Indicated to Measured This current phase of the 2019 …
FISSION 3.0 CORP. (“Fission 3” or “the Company”) is pleased to announce work programs for its Hearty Bay and Wales Lake projects in the Athabasca Basin region of Saskatchewan, Canada. Both projects are prospective for hosting high-grade uranium and the work programs will be used to identify high-priority areas for drill testing. At Hearty Bay, experts …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the commencement of an Unmanned Aerial Vehicle Magnetometer Survey (“UAV-MAGTM Survey”) to be completed by Pioneer Aerial Surveys Ltd. (“Pioneer”) on the Company’s 35,705 hectare Moore Uranium Project, located approx. 15 km east of Denison Mine’s Wheeler River project on the southeast …
FISSION 3.0 CORP. (“Fission 3” or “the Company”) is pleased to announce that the first pass drill program at its Cree Bay property in the Athabasca Basin region of Saskatchewan, Canada, has encountered significant faulting, strong hydrothermal alteration and elevated concentrations of pathfinder elements in both holes. Pathfinder elements (such as uranium and boron), can …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce the commencement of In-Situ Recovery (“ISR”) field testing, as part of an active summer 2019 field program planned for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”) in northern Saskatchewan, Canada. Key components of the field program include: …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSXV: PTU) announced today that it is preparing to commence an initial program at the Smart Lake JV, a project owned jointly by Cameco Corp. (73%) and Purepoint Uranium Group Inc. (27%). The Smart Lake property is situated in the southwestern portion of the Athabasca Basin, approximately …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the results from its 2019 winter/spring diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure like Cameco’s Key Lake/McArthur River operations in the Athabasca …
Yellow Cake posted a maiden annual profit of $29.7m as the value of its uranium holdings increased by 22% to $217.4m. The specialist uranium company purchased just over 8.4m pounds of the substance from Kazakh giant Kazatomprom over the 12-month period ended 31 March, its first full year as a publicly traded company, having raised £151m from …
The firm’s boss remains “very confident in the long term fundamentals of the uranium market” given a combination of constrained supply, the run-off of long term contracts and growing demand outlook Physical uranium trader tagged with nickname of the radioactive metal Owns around 9.62mln pounds of uranium Raised US$200mln (£151mln) from June 2019 IPO, plus …
