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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

Purepoint Hits New High-Grade Intercept at Hook Lake Project

Purepoint Uranium Group (TSXV:PTU) announced the preliminary results from the 2015 Hook Lake JV drill program, which saw hole HK15-27 return 2.8 meters of 2.23 percent U308 including 12.9 percent U308 over 0.4 meters.

Fission Step Out Hits High-Grade Mineralization, Expands Zones at PLS

Fission Uranium Corp. (TSX:FCU) announced the results from 15 angled holes drilled on the R600W, R00E, R780E and R1620E zones at its PLS property, which saw the R600W zone expand and hole PLS15-372 intercept a new high-grade interval about 30 meters north of the zone.

NexGen Energy Discovers New High Priority Area, “Bow Discovery”

NexGen Energy Discovers New High Priority Area, “Bow Discovery”

NexGen Energy Ltd. (TSXV:NXE) discovered off-scale radioactivity, "Bow Discovery", approximately 3.7 km northeast and along trend from the Arrow zone in the Rook I property, Athabasca Basin. Bow is now a high priority area, and is coincident with the recent radon anomaly that tracks the strike of a VTEM conductor from 730m up to 140m wide. This particular radon anomaly has the highest reading of all known radon anomalies in the area with a peak reading of 36.0 pCi/L, and is 80 m south of off-scale radioactivity drilled in hole BO-15-10.

Energy Fuels CEO Stephen Antony Updates Shareholders

Energy Fuels CEO Stephen Antony Updates Shareholders

Energy Fuels Inc. (NYSEMKT:UUUU,TSX:EFR) President and CEO Stephen P. Antony provided an update to shareholders, citing the US remains to be in a good position to stay as the largest producer of nuclear power, "Growing geopolitical uncertainty in Eastern Europe and Africa is further highlighting the critical need for stable, reliable uranium sources." Mr. Antony also said that Energy Fuels eagerly awaits the closing of the Uranerz transaction in 2015.

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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

China Restarts Nuclear Power Plant Construction

World Nuclear News reported that China has now resumed construction of new nuclear power plant projects, starting with the fifth unit at the Hongyanhe nuclear plant in Liaoning. All nuclear construction in China has been halted for the past 15 months.

Japan Plans to Scrap First Nuclear Reactors Since Fukushima

Reuters reported Tuesday that two Japanese power companies plan to scrap three older nuclear reactors, which will be the first batch to officially close after the Fukushima nuclear disaster in 2011. Local media said two other are likely to be closed we well, with announcements expected later on this week.

Uranium Mining to be Banned in Queensland Once Again

Mining Australia reported that the new Palaszczuk labour government plans to ban uranium mining in Queensland once again, a ban that was previously in place from 1982 up until 2012.

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