V.PTU Initiates Drilling at Their Umfreville Project

Toronto, Ontario, June 24, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced the commencement of a drill program at the 100%-owned Umfreville uranium project which lies on the northeastern edge of the Athabasca Basin, Saskatchewan Canada. “We have performed airborne geophysical surveys followed by geochemical surveys over select areas at …

V.PTU Drills 7.3 Metres at 1,420 CPS at Geneva Zone, Red Willow Project

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today provided an update on its drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada.  The 2021 Red Willow drill program has conducted follow-up testing of the “Geneva Shear” within the Geneva Zone, a …

V.SYH Resources Receives $1.39 Million from Exercise of Warrants

Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH)  (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces that the Company has received an aggregate $1,388,430 from the exercise of share purchase warrants recently. A total of 5,437,570 warrants have been exercised since early March with the majority with a strike price of 27 cents expiring later this year. Skyharbour is fully funded for its …

State senate still has yet to strike a deal to save Byron nuclear plant

Exelon says plant will close as planned without ‘quick passage of legislation’ SPRINGFIELD — The Illinois Senate failed to come up with a Clean Energy Bill this week, with environmentalists and labor leaders far apart on the negotiations. That means the future of the Byron Generating Station is still up in the air. “We are …

Shareholders of Overseas Uranium Resources Development Co., Ltd. Approve T.UEX Acquisition of JCU (Canada) Exploration Company, Limited

UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce that UEX has been notified that the shareholders of Overseas Uranium Resources Development Co., Ltd. (“OURD”) have approved the sale to UEX of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”). The JCU Transaction UEX will acquire 100% of the shares of …

Hongyanhe 5 achieves first criticality

Unit 5 of the Hongyanhe nuclear power plant in China’s Liaoning province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation. The first pre-critical control point of Hongyanhe …

Fuel Cladding Failures at Nuclear Power Plants Explained

The China Atomic Energy Authority (CAEA) informed the IAEA yesterday that a minor fuel cladding failure  had occurred at the Taishan Nuclear Power Plant. What are fuel cladding failures, and what do they mean for safety? Read our explainer to find out. Nuclear power plants are designed with multiple back-up and diverse safety systems as part of …

V.SYH Expands its Current Drill Program at its High Grade Moore Uranium Project, Saskatchewan

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that it is expanding its current diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan.  The current drilling program at Moore …

Iraq hopes to build 8 nuclear power reactors by 2030

The country currently uses electricity and gas imports from neighbouring Iran to generate around a third of its electricity. BAGHDAD: Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order to reduce its external energy dependence, an official said Tuesday. The country currently uses electricity and gas imports …

T.DML Announces Agreement to Acquire 50% of JCU (Canada) Exploration Company, Limited from UEX Corporation for $20.5 Million

TORONTO, June 15, 2021  – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a binding agreement (the “Agreement”) to acquire 50% ownership of JCU (Canada) Exploration Company, Limited (“JCU”) from UEX Corporation (“UEX”), for cash consideration of $20.5 million, following UEX’s expected acquisition …