The hunt for uranium in Canada continues at a breakneck pace. Spurred by a price of US$72/lb for uranium oxide, companies are looking closely at properties from Newfoundland to the Yukon. And the high price is making almost every deposit look economic.
The press releases have been arriving by the dozens in the last two weeks. Here is a quick rundown of the most active areas in this country. There are no guarantees that any of these projects will become mines in the near future. Many are in the earliest stages of discovery, and as CMJ readers know, a commitment to a development program costing hundreds of millions of dollars may be years away. In the meantime, the fun is in the hunt.