Uranium
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Is Global Atomic Stephen Roman’s next big thing?
Serial mine builder and financier Stephen Roman cut his teeth working for Denison Mines (TSX: DML), the uranium company built by his father. After starting there as a miner at the age of 19, he spent the next 25 years at the…
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URANIUM: NexGen begins feasibility drilling at Arrow deposit
SASKATCHEWAN – NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study…
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URANIUM: Denison outlines 2019 exploration plans
SASKATCHEWAN – Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties – all in the Athabasca Basin – will be diamond drilled. At…
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URANIUM: UEX releases maiden resource for Christie Lake JV
SASKATCHEWAN – UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the…
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URANIUM: Denison to move Wheeler River forward
SASKATCHEWAN –Denison Mines Corp. and its partners in the Wheeler River uranium joint venture have agreed to spend $10.3 million to advance the project next year. A major undertaking will be to initiate the environmental assessment and engineering studies. The…
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URANIUM: Skyharbour cuts high grades at Maverick zone on Moore project
SASKATCHEWAN – Fifteen kilometres from the rapidly advancing Wheeler River project, Vancouver’s Skyharbour Resources is finding high grades at the Moore uranium project. Drill hole ML18-14 intersected high grade uranium mineralization within the Main Maverick zone consisting of 3.11% uranium…
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IOCG: New ramp at BHP’s Olympic Dam doubles capacity
AUSTRALIA – BHP Group has commissioned the new ramp at its Olympic Dam iron ore-copper-gold mine, and it doubles the haulage capacity for its trucks. The Kalta decline is key to reaching the Southern mine area where BHP is mining…
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URANIUM: West McArthur JV sets aside $2.4M for 2019 drilling, geophysics
SASKATCHEWAN – Vancouver’s CanAlaska Uranium and Saskatoon’s Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner. Next year’s work will focus on extending…
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URANIUM: Hook Lake JV to spend $3M for 2019 exploration
Locations of 2019 drill sections in the Derkson Corridor at Hook Lake. (Image: Purepoint Uranium) SASKATCHEWAN – The partners in the Hook Lake uranium joint venture have approved a 2019 exploration budget of $3 million. Situated within the Patterson Uranium…
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URANIUM: Fission 3.0 seeks more shallow, high grade mineralization
SASKATCHEWAN – Fission 3.0 Corp. of Kelowna, B.C., is preparing for its winter drilling program at four high priority targets – Wales Lake (two holes), Patterson Lake North (five holes), Key Lake (nine holes) and Cree Bay (two holes). About…
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URANIUM: NexGen moves Arrow closer to development
SASKATCHEWAN – Vancouver-based NexGen Energy now has results from latest batch of 29 holes it drilled at the Rook I uranium property in the Athabasca Basin. The program set out to characterize areas within the Arrow deposit’s footwall, lateral development,…
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Uranium reversal may be close, Purepoint says
In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium…
