Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.
Articles Tagged "Alpha Minerals"
Alpha Minerals (TSXV:AMW,FWB:E2GA) filed a National Instrument 43-101 technical report titled "Patterson Lake South Property" dated April 14th, 2013 on SEDAR.
The uranium spot price plunged $1.35 this past week, to $40.90 per pound, as a lack of market activity and reports of new problems with Chinese imports prompted sellers to lower offer prices
Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA), together with its JV partner Fission Energy Corp., announced assay results from twelve diamond drill holes in the R00E zone on its Patterson Lake South Property. Results confirm previously reported radioactivity to outline a relatively flat lying zone of continuous, near-surface uranium mineralization.
Analysts believe stabilized spot prices may lure utilities back into the uranium market this month.
Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA) announced results from delineation drilling at the recently discovered R780E zone in the Patterson Lake South joint venture property in Saskatchewan. Multiple zones of mineralization of moderate to locally strong radioactivity within basement rocks were intersected by Drill-hole PLS13-060.
The Patterson Lake region of Saskatchewan has become the target of a staking rush following a series of excellent drill results on the Patterson Lake South property, which is held by Alpha Minerals and Fission Energy.
Resource Clips reported that the uranium rush is on at the Athabasca Basin in Saskatchewan. Companies like Fission Energy, Alpha Minerals, and Skyharbour Resources have made great discoveries in the area after some July 2011 field samples obtained assays as high as 39.6% triuranium octoxide.
Ongoing problems at the disaster-stricken Fukushima Daiichi nuclear power plant aren’t helping Japanese citizens' perceptions of nuclear power’s safety.
This week, the uranium spot price fell 50 cents, to $43 per pound U3O8; however, the market is anticipating higher prices down the road.