Peninsula Energy: Ready to Start Production in Q3 2015

Peninsula Energy: Ready to Start Production in Q3 2015

Peninsula's Lance projects, which are fully funded and in the final stages of construction, are situated in Wyoming and are set to begin production in the third quarter of this year. Resource Investing News spoke with Executive Chairman Gus Simpson to find out how the company got to that point and what's next.

Japanese Court Blocks Reactor Restarts on Safety Concerns

The uranium market was dealt a heavy hit this week when a Japanese court issued an injunction to block the restart of two reactors at Kansai Electric Power Company's Takahama nuclear power plant.

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Ross McElroy on Fission’s Latest Drill Results

Fission reported off-scale radiation on land 555 meters west of the Triple R deposit. The company was on the show floor at the 2015 PDAC International Convention, Trade Show & Investors Exchange, so Resource Investing News caught up with Fission's president and COO, Ross McElroy to talk about the results.

Energy Fuels: Creating a Stronger Company for Shareholders

Curtis Moore of Energy Fuels explains how his company's acquisition of Uranerz will benefit both companies. "We're going to become the dominant uranium mining company in the United States," he said.

Company News

NexGen Energy’s Angled Drill Hole Hits 40.45 m Off-scale Radioactivity at Arrow Zone

NexGen Energy’s Angled Drill Hole Hits 40.45 m Off-scale Radioactivity at Arrow Zone

NexGen Energy Ltd. (TSXV:NXE) announced results from its ongoing winter 2015 drill program at the Rook I property, Athabasca Basin of Saskatchewan. Drill hole AR-15-44b hit 190.70 m total composite mineralization including 40.45 m off-scale radioactivity within a 519.0 m section, which substantially expanded the high grade core of the A2 shear. Forty three out of forty five drill holes completed at the Arrow Zone of Rook I to date have intersected uranium mineralization, and according to VP for Exploration Garrett Ainsworth, "Arrow now has significant off-scale mineralization at both the southwest and northeast extents, which we will aggressively follow up on in our summer drill program. Other mineralized intersections from AR-15-42a and -43a continue to confirm continuity, and increase the extents within the high grade cores of the A2 and A3 shears."

CanAlaska Discovers Uranium Mineralization at Maguire Lake

CanAlaska Discovers Uranium Mineralization at Maguire Lake

CanAlaska Uranium (TSXV:CVV) has discovered uranium mineralization at the North West Manitoba project at Maguire Lake via a down hole gamma ray log that revealed highly anomalous responses attributable to uranium mineralization. The mineralization is between 164 and 238 metres, as well as between 285 and 347 metres. CanAlaska is continuing drilling on at least 4 additional lake targets and 7 additional land targets.

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Company Videos

Toro Energy Managing Director Dr. Vanessa Guthrie Says Be Patient and Persistent in Tough Times

Toro Energy Ltd. (ASX:TOE) Managing Director Dr. Vanessa Guthrie says what makes Toro Energy stand out from any other uranium company in its class is that, "we are the only project approved, ready to go, and the most advanced in terms of engineering and resource studies in Australia. [And] all we are now waiting for is the time to come back... the market to come back, with the uranium price, which will actually put Wiluna into production." In the last 12 months, major funds have invested in Toro Energy: $5 million from RealFin Capital Partners, and a $20 million investment from The Sentient Group.

Skyharbour Resources CEO talks high grade, at surface uranium in the Athabasca Basin

Skyharbour Resources (TSXV:SYH) CEO Jordan Trimble says the Way Lake Uranium Project in the Athabasca Basin, Saskatchewan: "hosts one of the highest grade showings found at surface in the basin - a 48% U3O8 grab sample at another target on the property so it has a handful of high priority targets, a great upside exploration potential and it's had over 20,000 meters of previous drilling."

GoviEx Uranium CEO Provides an Update on Uranium in Niger

GoviEx Uranium Inc. (CSE:GXU) CEO Daniel Major provides an update on the Madaouela Uranium Project in Niger: "and if the market improves as we expect it to do in uranium, we will be able to start construction into that rising uranium market."

Market News

Japanese Court Approves the Restart of Sendai Nuclear Reactor

Reuters reported that a Japanese court has rejected a legal bid to block the reopening of the Sendai nuclear station, bringing Prime Minister Shinzo Abe one step closer in his bid to bring nuclear reactors back online for the first time since Fukushima in 2011.

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