Azincourt Uranium Inc. (TSXV:AAZ) has signed a non-binding letter of intent with Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1) which contemplates the acquisition by Macusani of all of Azincourt's adjacent uranium properties on the Macusani Plateau in Peru in exchange for 68,350,000 common shares of Macusani.
Uranium Company News Directory
Forum Uranium Corp.'s (TSX VENTURE:FDC) winter drill program on its 100% owned Clearwater Property has successfully identified five major structural trends with reactivated graphitic shear zones, alteration, and areas of localized radioactivity. These positive results warrant leaving the camp and drill on site to expedite the planning of a follow-up summer program with minimal start-up costs.
Fission 3.0 Corp. (TSXV:FUU) and its Joint Venture partner, Brades Resource, (TSXV:BRA) announced the results of two surveys at the Clearwater West property in Saskatchewan's Athabasca Basin. Both a high resolution magnetic survey and Fission 3's patent-pending radiometric airborne survey were conducted on the site.
Uranium Energy Corp (NYSEMKT:UEC) has filed a mine permit application and aquifer exemption application for its Burke Hollow ISR Project in Bee County Texas. It filed the applications on April 11 of this year with the Texas Commission on Environmental Quality. To date, Uranium Energy has explored 40 percent of the Burke Hollow Property.
Alpha Exploration Inc. (TSXV:AEX) announced that it has completed a radon in lake water and sediment survey at Carpenter Lake, Athabasca Basin, Saskatchewan. The survey comprises part of Alpha’s option agreement to earn a 60 percent interest in the Carpenter Lake Property from Noka Resources Inc. (TSXV:NX), and was conducted by RadonEx Exploration Management of St. Lazare, Quebec. It used 895 sample locations over a 16 km strike length of the Cable Bay Shear Zone of the property.
Lakeland Resources Inc. (TSXV:LK,FWB:6LL) has acquired via staking five uranium properties totaling 52,255 hectares in Saskatchewan's Athabasca Basin. Lakeland will refer to the new properties as Lazy Edward Bay, Karen Lake, Black Lake, Hidden Bay and Fedun Lake.
Aldrin Resource Corp. (TSXV:ALN) announced that Mr. Graydon Kowal has resigned as a director. Mr. Kowal owns Aldrin's primary drilling contractor, Guardian Drilling and Consulting.
Uranium Resources, Inc. (NASDAQ:URRE) has completed a new Technical Report on the mineral resources at its Cebolleta Project in New Mexico.
Azincourt Uranium Inc. (TSXV:AAZ) announced results from its annual general meeting of shareholders on April 9, 2014. Highlights included the re-election of six directors and the approval of an amendment to its articles regarding advanced notice provisions.
The U.S. Nuclear Regulatory Commission has granted a final source and byproduct materials license to Powertech Uranium Corp. (TSX:PWE,TO) for its South Dakota Dewey-Burdock Project. Powertech is also expecting draft permits from the U.S. Environmental Protection Agency this month.